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Retail

Booths’ quality proposition leads to another rewarding Christmas period

Following today’s release of Booths figures for Christmas Trading FY2020/21, Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Family-owned Northern supermarket chain Booths has released a set of stellar Christmas results, which revenue growth in line (or outperforming) those of the major grocers so far. As well as benefitting […]
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JD Sports continues to prosper through heightened restrictions

Following today’s release of JD Sports figures for the 22 weeks ending 2 January 2021; Alex Hardy, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “Continued demand for athleisure, as well as a strong online proposition, has driven l-f-l revenue growth of over 5% for JD Sports in the 22 week period to 2 January 2021, compared to last year. These results […]
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Pets at Home shows no signs of slowing as it raises profit guidance following strong Christmas period

Following today’s release of Pets at Home’s trading update for the 11 weeks to 31 December (Q3 of the retailer’s financial year): Jonathan Rock, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “Pets at Home raised its profit guidance for FY2020/21, and now expects to achieve an underlying pre-tax profit of £77m, including the ÂŁ28.9m repayment of business rates relief (ÂŁ105.9m profit without this repayment); this is ahead of the ÂŁ93.5m guidance given in November. “The momentum Pets at Home gained in its Q2 accelerated […]
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Third lockdown doesn’t bode well for M&S as it struggles to adapt

Following today’s release of Marks & Spencer figures for Q3 FY2020/21; Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “M&S has reported a tale of two halves, with a healthy performance in its food division managing to prop up total UK sales of ÂŁ2,529m while clothing & home floundered, paying the cost for its inability to adapt fast enough to changing shopping habits. After a terrible […]
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B&M continues to thrive amid COVID-19

Following today’s release of B&M figures for Q3 FY2020/21; Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: “B&M has cemented its position as a clear winner during COVID-19 with another impressive set of results. Its stores remained open during the November lockdown in England, allowing it to absorb ongoing high […]
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A clearer strategy must follow robust Christmas results at Sainsbury’s

Following today’s release of Sainsbury’s figures for Q3 FY2020/21; Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Sainsbury’s results are undoubtedly a pleasing read. Strong but expected grocery sales growth is supported by an impressive performance by Argos (+8.4%), as well as a surprisingly resilient clothing arm which achieved […]
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Topps enters England lockdown with healthy balance sheet

Following today’s release of Topps Tiles figures for Q1 FY2020/21; Georgina Sreeves, Retail Analyst at GlobalData, a leading data and analytics company, comments: “The start of Q1 for Topps was particularly strong, reporting 19.6% retail like-for-like growth in the first eight weeks of its financial year. The retailer held its appeal with both professional fitters […]
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Next continues to demonstrate its agility

Following today’s release of Next figures for the nine weeks to 26 December 2020; Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Next performed better than expected during the golden quarter despite the temporary closure of stores during November. The marginal decline in full-price sales was much better than the downside forecast (which […]
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Swift adoption of new channel opportunities leaves Morrisons in good stead for 2021

Following today’s release of Morrisons figures for Q3 and Christmas Trading FY2020/21; Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Morrisons has announced strong – albeit expected – Q3 (13 weeks to 1 November) and Christmas results, with results improving in tandem with tougher restrictions across the UK from November onwards, culminating in +9.3% l-f-l sales for the three weeks to […]
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Aldi doubles down on British suppliers following strong Christmas results

Following today’s release of Aldi figures for Christmas Trading FY2020; Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “The first major grocer to release results, Aldi has set out a high bar for the festive period, with growth of 10.6% over the period. Aldi points to its online Wine and Specialbuy offers (up 75% year-on-year), demand for premium products […]
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Adidas’ filing documents reveal declining coverage of Reebok as it considers brand’s sale

Mentions of Reebok in Adidas’ 2020* filings have substantially reduced compared to previous years, with GlobalData’s Filing Analytics platform identifying steep declines in discussions around the Reebok brand, which could indicate that the company is likely considering a sale of the brand. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Adidas’ acquisition of Reebok more than a decade ago aimed to place the company on a better footing against competitors such as Nike. However, the […]
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DFS prospers as consumers seek home upgrades

Following today’s release of DFS figures for the 24 weeks ending 13 December; Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: “DFS reported a strong start to FY2020/21 as consumers continue to shift spend from holidays and leisure to the home. The furniture specialist performed particularly well in its Q1 […]
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Evans’ acquisition forces split of Arcadia’s brands, leaving Wallis and Burton Menswear most at risk

Following the news that Arcadia brand Evans has been bought out of administration by Australian retail group City Chic Collective, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “City Chic’s specialism in plus size fashion means that Evans fits perfectly within its portfolio of […]
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Dixons Carphone mitigates decline in store sales with online innovation

Following today’s release of Dixons Carphone figures for H1 FY2020/21, Zoe Mills, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Dixons Carphone has prospered despite the pandemic appealing to consumers looking to make the time spent at home more enjoyable, with investment in TVs, fitness trackers and computing seeing the strongest performance throughout H1 2020/21. […]
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Demand for DIY continues to bolster Travis Perkins

Following today’s release of Travis Perkins figures for October and November 2020, Georgina Sreeves, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Wickes and Toolstation remain Travis Perkins’ saving grace amid the pandemic; the businesses grew 13.7% and 41.0% respectively during October and November due to ongoing high demand for DIY. “Given its strong performance, Travis Perkins is following many other essential retailers by returning the business-rates relief […]
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Trading with EU under no-deal Brexit will be pricey for UK fashion firms

As the UK tries to hash out the final terms of its departure from the EU, the thought of Prime Minister Boris Johnson walking away without a deal is a worrying one. UK textile and fashion firms should now be weighing up other markets to potentially trade with, says GlobalData, a leading data and analytics company. Hannah Abdulla, Apparel Correspondent at GlobalData, says: “Brexit talks have reached a […]
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H&M has paid the price for being a digital laggard

Following today’s release of H&M figures for Q4 and FY2019/20, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “The improvement in H&M’s global sales performance in Q3 (-18.7%) continued into Q4, with sales from 1 September to 21 October only falling 3% in local currencies. However, the second wave of COVID-19 in […]
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Inditex exhibits impressive resilience despite dependence on COVID-affected Europe

Following today’s release of Inditex figures for Q3 YTD FY2020/21, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Inditex’s clothing specialism continues to make it highly susceptible to the impacts of the COVID-19 pandemic, with widespread store closures and dampened fashion demand causing net sales to fall by over €5.7m during […]
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Biodiversity protection key to fashion’s green future

Fashion firms must turn the spotlight on biodiversity conservation as part of their corporate social responsibility (CSR) strategies and work to improve the impacts their raw material choices have on nature if they are to truly build back better from the COVID-19 pandemic, writes GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent for GlobalData, says: “An increasing number […]
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Ocado set to cash in on second UK lockdown as profit expectations rise

Following today’s release of Ocado figures for Q4 FY2019/20; Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Ocado’s Q4 results, covering September to November (which includes the UK’s second official lockdown period), are very much in line with expectations of a bulging online grocery market. Revenue rose 34.9% to £579.6m, supported almost entirely by growth in average basket size (ÂŁ133 across Ocado and Fetch) as shoppers transferred food spend from hospitality and foodservice to traditional […]
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