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GlobalData
GlobalData

Retail

Father’s Day boost for the high street as 70% of those shopping for the occasion intend to purchase instore, says GlobalData

As the UK begins to return to normality, Father’s Day shoppers are keen to return to physical locations with *70.4% intending to shop instore for the occasion this year, says GlobalData, a leading data and analytics company. Designated as essential retailers, supermarkets have benefitted from high footfall during the COVID-19 pandemic as they remained open […]
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Retailers’ strategies to target extreme demographics will help them acquire an untapped pool of consumers

The COVID-19 pandemic has compelled more conservative or technology-averse consumers to experiment with online shopping to avoid crowded stores and the risk of virus transmission, accelerating the inevitable shift to e-commerce. To capitalize on this trend, retailers are devising strategies to serve extreme demographics. The approach, however, with which each generation is targeted is likely […]
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Tackling textile waste is fashion’s path to a circular future

The efforts to tackle the fashion industry’s problem of textile waste are continuing to gather pace, with players spanning the entire supply chain taking action, writes GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent for GlobalData, comments: “Textile waste has long plagued the industry and its players are mobilising at all ends […]
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Despite widening net loss in FY20, IKEA India investing heavily in omni-channel model, says GlobalData

Furniture retailer IKEA India reported a net loss of INR7,201m (US$97.2m) in FY2019-20 compared to INR6,854m (US$92.5m) in FY2018-19. Despite incurring net loss, IKEA India is investing heavily in new store openings alongside its digital initiatives for an enhanced omni-channel experience, says GlobalData, a leading data and analytics company. After the launch of its first […]
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Overflowing opportunities for e-commerce retailers with 87% APAC consumers spending more time online, says GlobalData

The COVID-19 pandemic has made online shopping appealing and safe, as wary consumers in the Asia-Pacific (APAC) prefer to stay at home to avoid social contact. Against this backdrop, online channel (e-commerce retail) is benefitting and is overcrowded with prospects as 87%* respondents are spending more time online, according to GlobalData, a leading data and […]
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APAC retail industry set for digitalization with digital smartness influencing majority shoppers’ product choices, says GlobalData

Retailers in the Asia-Pacific (APAC) region are investing in enhancing their digital presence with as much as 72%* of consumers revealing that ‘digital smartness’ influences their product choices, according to GlobalData, a leading data and analytics company. GlobalData’s survey* conducted in February 2021 reveals that as the world continues to battle against the COVID-19 pandemic, […]
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Paul Weiss Rifkind Wharton & Garrison and Willkie Farr & Gallagher were top M&A legal advisers by value and volume in retail sector for Q1 2021, finds GlobalData

Paul Weiss Rifkind Wharton & Garrison and Willkie Farr & Gallagher were the top mergers and acquisitions (M&A) legal advisers in the retail sector for Q1 2021 by value and volume, respectively. Paul Weiss Rifkind Wharton & Garrison advised on five deals worth US$10.7bn, which was the highest value among all the advisers. Meanwhile, Willkie […]
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Direct-to-consumer offers new opportunities to APAC retailers amidst COVID-19 scenario, says GlobalData

The benefits offered by the direct-to-consumer (DTC) model make it very attractive and lucrative for both ‘well-established’ as well as upcoming retailers operating in the Asia-Pacific (APAC) region, especially amidst the current COVID-19 scenario, says GlobalData, a leading data and analytics company. Vijay Bhupathiraju, Retail Analyst at GlobalData, says: “Retailers in the APAC region that […]
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