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Shoppers are set to spend almost £90 billion in the top 10 UK cities* by 2029, up £8.2 billion from 2024, as locals and international tourists flock to these engaging retail hubs. Retailers will concentrate their efforts on these locations, as they attract more consistent foot traffic from locals, commuters, and tourists. Additionally, these spaces […]
High tech security measures may keep shoplifters out but also keep shoppers away, says GlobalData
UK retailers are alienating their own customers with inconvenient and intrusive security measures. Given the impulse nature of convenience shopping, the implementation of these newer surveillance and restrictive merchandising strategies could be as damaging to profits as the theft itself, according to the latest insights from GlobalData, a leading data and analytics company. Note: The […]
AI smartphones to boost UK phone sales to grow over twice as fast as electricals sector, says GlobalData
AI-enabled smartphones are set to be the key growth driver in the UK electricals sector, with sales forecast to rise at more than twice the pace of the wider sector. By offering advanced features and enhancing consumer experiences, these devices will not only accelerate upgrade cycles but also limit the appeal of secondhand platforms like […]
Retailers prioritising convenience are poised to dominate market share gains in 2025, says GlobalData
Following the release of GlobalData’s latest report, “2025 Winners and Losers in the Global Retail Market,” which reveals that consumers are continuing to spend on retailers offering heightened levels of convenience, whether online or instore; Emily Scott, Retail Analyst at GlobalData, a leading data and analyst company, offers her view: “As consumer expectations of convenience […]
John Lewis partnership positive for Topshop and Topman, but engaging marketing needed to attract young shoppers, says GlobalData
Following the news that Topshop and Topman have entered a wholesale partnership with John Lewis: Tom Ljubojevic, Apparel Analyst at GlobalData, a leading data and analytics company, offers his view: “Launching in John Lewis’ stores next year (February 2026) will allow Topshop and Topman to benefit from the department store’s significant presence across the UK, […]
One fifth of UK consumers are likely to reduce or stop shopping online due to cyberattack concerns, says GlobalData
Concerns around cybersecurity are prompting a shift in online shopping behavior, particularly among younger consumers in the UK. With one third of 16-34s considering cutting back or stopping online purchases, retailers face rising pressure to reinforce digital trust. This is especially the case for online pureplays, which cannot redirect sceptical consumers to stores, according to […]
Adidas to steal further market share from Nike in 2025, forecasts GlobalData
Tough economic conditions and consumers’ discerning shopping habits will continue to cause significant disparity in the performance of apparel brands in 2025. Against this backdrop, Adidas is forecast to remain one of the biggest winners within the global apparel market in 2025, stealing market share from Nike, according to GlobalData, a leading data and analytics […]
UK health & beauty specialists lose out to discounters in value for money rankings, finds GlobalData
UK health & beauty specialists are struggling to compete with low-priced discounters, as consumers are not recognizing the additional value for money that comes from their better ranges, product quality, and service. With personal finances still recovering from the impact of inflationary pressure, consumers still prefer to shop at discounters for essentials, according to GlobalData, […]
Retail icon to £1 bargain: Poundland’s sale exposes cracks in value retailer, says GlobalData
Following the news that Poundland has been sold for £1 to turnaround firm Gordon Brothers with up to 100 stores set for closure; Emily Scott, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Poundland’s sale comes amid mounting losses and declining revenue, as it has faced intense competition and the […]
Cyberattack could have cost M&S up to £130m in online apparel sales so far, says GlobalData
Following Marks & Spencer resuming online orders after its cyberattack: Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Marks & Spencer’s (M&S) resumption of online orders across select fashion products following a cyberattack will be a welcome relief for shoppers, with many holding off on purchases for almost seven weeks due to its […]
UK Father’s Day spend to rise 1.8% in 2025, but retailers must act to unlock full potential, says GlobalData
Father’s Day spending in the UK is set to rise by 1.8% in 2025 to reach a value of GBP1,123 million. While projected growth suggests that Father’s Day will outperform its female counterpart, Mother’s Day, this year (+1.4%), spending will be bolstered by persistent inflation rather than an uplift in consumers participating in the event. […]
Cyberattack could cause M&S’ apparel market share to stall in 2025, says GlobalData
Following Marks & Spencer’s update on the financial implications of its cyberattack: Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Marks & Spencer was one of the biggest winners in the UK apparel market in 2024, with its market share rising 0.4ppts to 5.2%*, the highest it has been since 2017. However, this […]
Hilco offers Lakeland a lifeline, but it must adapt, says GlobalData
Following the news of Lakeland being close to agreeing a Hilco-financed management buyout; Oliver Maddison, Retail Analyst at GlobalData, a leading data and analytics company, offers his view: “Lakeland’s inability to adapt has meant that it has struggled to compete for some time; it took a global pandemic for it to start taking online seriously, […]
UK consumers to shell out GBP2.3 billion on Easter, reveals GlobalData
Over 40% of UK Easter shoppers have reported that they intend to spend more this year, leading to a projected total expenditure of GBP2.3 billion. This surge in spending will be driven primarily by food & drink and luxury Easter eggs purchases. With Easter falling on 20 April 2025, three weeks later than last year, […]
New owners need WH Smith customers to keep up with the Jones, says GlobalData
Following the news that WH Smith has sold its UK high street business to a private equity firm, Modella Capital, in a £76m deal; Zoe Mills, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The high street business has consistently pulled down group revenue over the last three years, […]
Younger UK home shoppers possess a more premium conception of value for money, reveals GlobalData
Higher-end homewares and furniture retailers have an opportunity to make gains among the 18-34 age demographic, as younger consumers are more likely to consider quality factors as key to value for money, rather than simply the price tag, according to GlobalData, a leading data and analytics company. GlobalData’s recent survey* found that younger UK consumers, […]
Shein emerges as biggest winner in global apparel market once again in 2024, says GlobalData
A challenging economy made consumers more selective over where they shopped for apparel in 2024. Overall, the top 10 players in the market are forecast to have gained share, as shoppers remained loyal to brands that they could trust, while smaller players lost their footing. Winning brands offered superior value for money and style, while […]
UK Mother’s Day spending to reach £2.4 billion, as consumer participation rises, reveals GlobalData
The UK consumer spending for Mother’s Day 2025 is set to reach £2.4 billion, reflecting a 5% increase from the previous year. With more consumers planning to participate, retailers have an opportunity to cater to the rising demand for premium gifts and experiences. Strategic marketing, along with tailored product offerings, will be key to capitalising […]
boohoo group rebrand highlights weakness of its fast fashion offer, says GlobalData
Following the news that the boohoo group has rebranded as the Debenhams group; Chloe Collins, Head of Apparel at GlobalData, offers her view: “The boohoo group’s rebrand to become the Debenhams group highlights how much its youth fast fashion brands—PrettyLittleThing, boohoo.com, and boohooMAN—continue to struggle. Youth brands GMV pre returns plummeted 21.8% in FY2024/25 (year […]
UK retailers prepare for a buoyant Valentine’s Day as more shoppers intend to spend, says GlobalData
Almost half of UK consumers intend to spend on Valentine’s Day this year or have already started to spend on it. This is an uplift on 2024 and has been driven by those aged 25-34. With this age group more likely to have young families, consumers plan to buy for partners and significant loved ones […]