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GlobalData
GlobalData

Retail

Kingfisher benefits from consumers staying home amid COVID-19

Following today’s release of Kingfisher Q1 figures for 2020/21, Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Kingfisher has benefitted from elevated demand for home improvement since lockdown began as consumers continue to carry out DIY projects such as painting and decorating, as well as gardening. In the UK & Ireland, […]
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Morrisons adapts well to volatile grocery market conditions

Following today’s release of Morrisons Q1 figures for 2020/21, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Morrisons’ results tell a mostly familiar story in line with the other major supermarkets; food sales rose quickly to peak in late March as UK case numbers grew and stockpiling began and fell in April […]
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Retailers without online presence threatened as 26.0% of UK shoppers plan to spend more online after COVID-19

With over a quarter of shoppers now planning to spend more online after the COVID-19 restrictions are lifted, retailers with a limited (or no) online proposition must consider investment in order to remain competitive, says GlobalData, a leading data and analytics company. Thomas Brereton, Retail Analyst at GlobalData, offers his view: “Almost all non-food physical […]
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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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