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DTC brands turn to a hybrid distribution model to drive future growth post-pandemic, says GlobalData study

New study explores the post-pandemic direct-to-consumer (DTC) era where brands are moving into wholesale distribution by partnering with established retailers. After reaching new heights during the COVID-19 pandemic, with many crashing down soon after, direct-to-consumer (DTC) specialists are entering a new era, according to leading data and analytics company Globaldata. After being forced to shop […]
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As retail theft forces shop merchandising back to the 1920s, is the modern store concept under threat? asks GlobalData

Retailers need a multifaceted approach to overcome theft and shrinkage and ensure a secure and enjoyable shopping experience for all. Theft and shrinkage of goods is one of the enduring problems faced by retailers globally. However, recent months have seen a spate of news stories about more eye-catching crimes, including daytime flash mob robberies, observes […]
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Retailers must invest further in bank holiday promotions to entice retail spend for August bank holiday, says GlobalData

The forthcoming August bank holiday marks the final extended weekend before the Christmas season for 2023, with consumers benefiting from an additional bank holiday to celebrate the King’s Coronation earlier in the year. As bank holiday spend for 2023 has so far been dampened by high inflation, retailers must capitalize on the falling inflation levels […]
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M&S turnaround strategy shows promise with strong end-of-year results, non-food categories stand out as triumph, says GlobalData

The recent release of end-of-year results has brought encouraging news for British retailer Marks and Spencer (M&S), showcasing the potential success of its comprehensive turnaround strategy despite the presence of challenging external headwinds. Against the backdrop of historic inflation levels that have fueled strong like-for-like sales among food retailers, it is the performance of M&S’s […]
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Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022, reveals GlobalData

Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers achieved a remarkable year-on-year (YoY) revenue growth of 7.1% to $3.5 trillion in 2022. The retail industry worldwide reaped the benefits of COVID-19 pandemic-induced circumstances as consumers were compelled to shift their shopping […]
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Rising awareness of sustainability will drive apparel rental market by 101.2% to $9.9bn between 2022 and 2026, forecasts GlobalData

As consumers strive to reduce their fashion consumption to become more sustainable, they are becoming increasingly involved in the circular economy. More are turning to rental operators like Rent the Runway and Hirestreet, rather than purchasing brand new items that they will only wear once, with 8.6% of UK clothing shoppers renting apparel for Christmas […]
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