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GlobalData
GlobalData

Retail

Target’s bold acquisition will help it catch up to its rivals

Following the news that Target is in the process of acquiring same-day delivery technology from Deliv; Luke Gowland, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “This acquisition will enable Target to improve its position within several areas ofretail, including ecommerce, delivery efficiency and speed, and smart supply chain, ensuring […]
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The show goes on as COVID-19 shakes up fashion event calendar

The global coronavirus pandemic has led to the cancellation of a number of fashion industry events, but organisers are keeping the shows on the road by successfully turning to new virtual forums instead, says GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent for GlobalData, comments: “Health and travel concerns have rocked the […]
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Despite COVID-19 lockdown wiping off US$420bn from China’s retail market, rebounding sentiment will boost H2 spend, says GlobalData

The COVID-19 lockdown and the disruption to retail is expected to wipe off ¥3.0 trillion (US$420bn) from China’s retail market in 2020, causing a 1.8% fall in retailer sales in 2020 over 2019. This compares with pre-COVID growth estimates of a former healthy 7.7% forecast, says GlobalData, a leading data and analytics company. China started […]
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The Works delivers growth, but cash flow remains big issue

Following today’s release of The Works FY figures for 2019/20, Hannah Richards, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Despite delivering positive sales growth in FY2019/20, l-f-l sales were subdued in comparison, and had it not been for the surge in demand in late March due to COVID-19, it is questionable […]
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Coronavirus to take R$47.1bn out of Brazilian retail spend in 2020

Brazil’s retail market is set to be one of the better performing in Latin America in 2020, growing 2.0%, says GlobalData, a leading data and analytics company. Amy Higginbotham, Retail Analyst at GlobalData, comments: “The COVID-19 outbreak will have a marked impact on retail in Brazil, with the market set to grow significantly less than our original forecast of 4.8% in 2020. But Brazil will fare better than many other countries in South America, including Peru and Colombia, where the market is set to contract […]
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Superdry’s turnaround plan threatened as COVID-19 dampens clothing demand

Following today’s release of Superdry FY figures for 2019/20, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Superdry’s woes were amplified in its final quarter of FY2019/20, with the impact of the COVID-19 pandemic stifling demand for clothing and footwear. While its CEO Julian Dunkerton has had significant plans to revitalise the company, the outbreak has put a major […]
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Cycling surge supports Halfords during COVID-19

Following Halfords’ update on trading: Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Halfords has proved resilient during the crisis; consumers’ appetite for cycling has increased during the nationwide lockdown as they have avoided public transport and maintained fitness. Halfords’ motoring division has performed less […]
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Footasylum will struggle without JD Sports’ backing

Following the news that the CMA has blocked JD Sports’ proposed purchase of Footasylum: Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Following the CMA’s ruling, Footasylum will no longer be able to piggyback upon JD Sports’ success in the market, with the latter having […]
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Sweden forgoes lockdown protecting 2020 retail spend

Sweden’s retail market is set to be one of the better performing in Europe in 2020, only marginally declining 0.4%, as it is yet to impose a lockdown (and does not plan to) in contrast to many other European countries including Spain, Italy, France and the UK, says GlobalData, a leading data and analytics company. […]
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Wilko’s weak like-for-likes show offer is not resonating

Following today’s release of Wilko FY figures for 2019/20, Matt Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘New chief executive Jerome Saint-Marc has his work cut out for him as sales fell again for the financial year ending February 2020, down 5.7% to £1.47bn, while its closest rivals continue to […]
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