Retail

Retail

John Lewis & Partners’ proposition revamp highlights its competitors are standing still

Following the news that John Lewis & Partners is poised to scrap its longstanding ‘Never knowingly undersold’ price promise; Sofie Willmott, Head of Apparel at GlobalData, a leading data and analytics company, offers her view on this news: “John Lewis & Partners’ price promise has been a key part of its USP in the past, […]

Retail

Eat Out to Help Out scheme set to attract 22 million people with local retailers benefitting from increased footfall, according to a GlobalData survey

22 million people, representing 40.6% of UK consumers, have used or plan to use the Eat Out to Help Out scheme* 6% of consumers have used or plan to use the scheme during the daytime when shops will be open, boosting footfall Despite this, UK offline non-food spend will plummet 25.2% this year, according to […]

Retail

Frasers Group’s focus on premium lifestyle proves to be the right move

Following today’s release of Frasers Group FY figures for 2019/20, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Following last year’s shambolic results debacle, this has been another chaotic situation for the Frasers Group with the release date being pushed back a week and non-executive chair David Daly buying shares […]

Retail

Sleek Sosandar continues to exploit the gap in the womenswear market

Following today’s release of Sosandar FY figures for 2019/20, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Online pureplay Sosandar has continued to prove that there is a gap in the market for stylish womenswear for over 35s, with sales rising £4.6m to £9.0m. As well as having a more […]

Retail

Significant job cuts at M&S as it attempts yet again to transform the business

Following today’s release of Marks & Spencer Q1 figures for 2020/21, Kate Ormrod, Principal Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Having strived to turn around the business for so long, COVID and its resultant shopping habits have forced M&S’s hand to make more drastic changes, with headlines today focusing on the […]

Retail

Strong online capability and multi-category offer helps Very.co.uk to thrive through COVID-19

Following the release of The Very Group’s Q3 figures for FY2019/20, Alex Hardy, Retail Analyst at GlobalData, a leading data and analytics company, comments: “A broad category offering has been integral to online pureplay The Very Group’s strong performance throughout the COVID-19 pandemic, with consumer preferences transforming almost overnight in the face of a changing environment. […]

Retail

ASOS shines through the retail doom and gloom

Following the news that ASOS has raised its full year sales and profit expectations; Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “While many other clothing retailers have announced significant sales drops since COVID-19 hit, alongside store closures and redundancies, agile ASOS has benefitted from […]

Retail

Joules’ high online penetration and casualwear focus protects it from the worst of COVID-19

Following today’s release of Joules FY figures for 2019/20, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “After an unusually muted H1 and troubled Christmas trading period for lifestyle brand Joules, it was denied a chance to bounce back as the impacts of the COVID-19 outbreak significantly impacted its main […]

Retail

Reliance Group set to emerge as the leader in the Indian retail landscape, says GlobalData

Reliance Industries Limited (RIL) is grabbing every single opportunity, be it collaborating with technology companies, acquiring leading retailers or adding physical stores or its entry into the online retail space for gaining access to advanced technologies, to gain a dominant position in the Indian retail landscape, says GlobalData, a leading data and analytics company. Reliance […]

Retail

Initial surge in orders post-lockdown is encouraging but ScS cannot rest on its laurels

Following today’s release of ScS FY figures for 2019/20, Matthew Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘ScS’ results have followed a similar pattern to DFS’ as a sharp decline in sales during its second half (-38.0%), due to the lockdown, caused overall delivered sales for FY2019/20 to fall £65m […]

Retail

Next feels the full force of COVID-19

Following today’s release of Next H1 figures for FY2020/21, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Though a sobering set of results that illustrate the decimated demand for clothing & footwear due to COVID-19, Next’s Q2 full-price sales growth far exceeded expectations at -28%, compared to a dire scenario of […]

Retail

Apparel continues to be worst hit retail segment by COVID-19 pandemic, says GlobalData

The apparel segment continues to be the worst hit in retail due to COVID-19 as store closures and virus-wary consumers’ have severely dented the seasonal spending. Furthermore, the rising unemployment and threat of a global recession will exacerbate the contraction of the consumers’ expenditure on apparel. As predicted, the pent-up demand is coming mainly from […]

Retail

Amazon set to widen footprint in UK grocery market as it revamps Fresh proposition

Amazon has announced plans to expand its footprint in the UK online grocery market, through greater integration of its Amazon Fresh proposition with its Prime membership, making grocery deliveries free for Prime members on orders over £40 in a select number of postcodes. Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, […]

Retail

Wickes’ performance hampered by late store reopenings, says GlobalData

Following today’s release of Travis Perkins H1 figures for 2020, Georgina Sreeves, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘The pandemic continues to throttle Travis Perkins as group sales declined £704m to £2,780m in H1 2020, dragged down by its plumbing & heating and merchanting businesses where sales dropped 33.3% and […]

Retail

Counting carbon could be fashion’s new counting calories

As an increasing number of fashion firms pledge to reduce their carbon footprints, innovators are responding with new tools for brands and manufacturers to hold themselves accountable and help shoppers make better purchasing decisions, says GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent at GlobalData, says: “Innovators are taking action to help […]

Retail

Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19, says GlobalData

The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they need. Therefore, many brands are offering direct-to-consumer (DTC) home delivery services for the first time amid the COVID-19 lockdown. The brands are offering DTC service in almost every sector and categories of retail that is expected […]

Retail

Strong Kingfisher results show consumers yet to tire of home improvements

Following today’s release of Kingfisher Q2 figures to date for 2020/21, Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Kingfisher reports a strong performance for its Q2 to date (11 weeks to 18 July), boosted by ongoing elevated demand for home improvement as consumers stay home, and the phased reopening of stores […]

Retail

Worried UK consumers will continue to shun shops in 2020 due to COVID-19, according to a new UK consumer survey from GlobalData

‘- Only a third of UK consumers (excluding those in Scotland) have visited non-essential shops since they re-opened in June* – UK online spend is forecast to rise by over £15bn this year with 55.9% of consumers spending more online as a result of the outbreak – 51.7% of UK consumers do not expect their daily […]

Retail

Online channel not enough to prop up Matalan through devastating COVID-19 lockdown

Following today’s release of Matalan Q1 figures for 2020/21, Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘With Matalan’s stores only open for around five weeks of Q1, its underdeveloped online channel has not been strong enough to carry the value retailer through the COVID-19 crisis with total revenue almost […]

Retail

Positive online sales not enough to shield Ted Baker from a COVID-19 inflicted disaster

Following today’s release of Ted Baker figures for the 11 weeks to 18 July 2020, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Hit hard by the impacts of COVID-19 due to its reliance on occasionwear and workwear, Ted Baker’s sales have suffered due to global store closures and a lack […]

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John Lewis & Partners’ proposition revamp highlights its competitors are standing still

Eat Out to Help Out scheme set to attract 22 million people with local retailers benefitting from increased footfall, according to a GlobalData survey

Frasers Group’s focus on premium lifestyle proves to be the right move

Sleek Sosandar continues to exploit the gap in the womenswear market

Significant job cuts at M&S as it attempts yet again to transform the business

Strong online capability and multi-category offer helps Very.co.uk to thrive through COVID-19

ASOS shines through the retail doom and gloom

Joules’ high online penetration and casualwear focus protects it from the worst of COVID-19

Reliance Group set to emerge as the leader in the Indian retail landscape, says GlobalData

Initial surge in orders post-lockdown is encouraging but ScS cannot rest on its laurels

Next feels the full force of COVID-19

Apparel continues to be worst hit retail segment by COVID-19 pandemic, says GlobalData

Amazon set to widen footprint in UK grocery market as it revamps Fresh proposition

Wickes’ performance hampered by late store reopenings, says GlobalData

Counting carbon could be fashion’s new counting calories

Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19, says GlobalData

Strong Kingfisher results show consumers yet to tire of home improvements

Worried UK consumers will continue to shun shops in 2020 due to COVID-19, according to a new UK consumer survey from GlobalData

Online channel not enough to prop up Matalan through devastating COVID-19 lockdown

Positive online sales not enough to shield Ted Baker from a COVID-19 inflicted disaster

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