GlobalData
GlobalData

Retail

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. […]
Read more

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 […]
Read more

Like Laura Ashley, Oasis and Warehouse’s stores are unwanted

Clothing brands Oasis and Warehouse have been bought by Hilco but the deal excludes their stores.   Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news;  “Like the Gordon Brothers’ rescue deal for Laura Ashley, investment firm Hilco’s purchase of the Oasis and Warehouse brands excludes their […]
Read more

Reopening stores would help Wickes compete

Following today’s release of Travis Perkins Q1 figures for 2020, Georgina Sreeves, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “Store closures as part of the UK lockdown measures imposed on 23 March have decimated sales at Travis Perkins; in the first three weeks of April, Group revenue was just one-third of the […]
Read more

Next lowers outlook but is still in a better position than many rivals

Following today’s release of Next Q1 figures for 2020/21, Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Since it initially updated on its full year outlook in mid-March, Next’s worst case scenario has gone from bad to much worse with full-price sales now expected to fall up to 40% (versus its […]
Read more

COVID-19 will cause global retail spend to fall by $549.7bn in 2020

With almost 3 million cases of coronavirus worldwide and numerous countries enforcing lockdowns, global retail spend is anticipated to fall 3.0% in 2020, equating to $549.7bn, in comparison to a previously expected rise of 5.0% prior to COVID-19 (+$927.7bn), says GlobalData, a leading data and analytics company. Sofie Willmott, Lead Analyst at GlobalData, comments: “North […]
Read more

Ocado’s Solutions model validated by online grocery demand in COVID-19

Following the news that Ocado has launched its first fulfilment centre in North America with Canadian supermarket Sobeys, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “As COVID-19 continues to raise demand for home delivery from food retailers, the opening of one of Ocado’s automation-heavy customer fulfilment centres (CFC) in Canada could not come soon enough. Demand has […]
Read more

Goldman Sachs is top financial adviser globally in retail sector by M&A value in coronavirus-hit Q1 2020, says GlobalData

Goldman Sachs has dominated the M&A financial advisers league table based on deal value in the first quarter of 2020, according to GlobalData, a leading data and analytics company. The US-based firm secured the top spot by advising on two deals worth US$10.9bn. GlobalData, which tracks all M&A, private equity/venture capital and asset transaction activity […]
Read more
1 23 24 25 26 27 36