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GlobalData
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Retail

McColl’s COVID-driven partnership with Deliveroo is an expedition of necessary collaboration, says GlobalData

McColl’s COVID-driven partnership with Deliveroo is an expedition of necessary collaboration, says GlobalData Following the news that McColl’s is partnering with Deliveroo to launch a new 30-minute delivery scheme: Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “McColl’s revamped partnership with Deliveroo to offer home […]
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ASOS acts to maintain enviable UK market position, says GlobalData

ASOS has announced it is close to finalising a potential equity issuance and extension to its debt facilities. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “With UK clothing & footwear spend forecast to slump 23.5% this year, even those retailers that were outperforming the […]
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Time at home boosts interest in instruments and pets, says GlobalData

Following the news this morning that both Pets at Home and Gear4Music have announced that full year profits will beat expectations: Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her views: ‘‘Positive news from Pets at Home and Gear4Music demonstrates that despite non-essential spend coming under strain, there are products other […]
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Boots braces for COVID-19 impact, says GlobalData

Following today’s release of Boots UK Q2 figures for 2019/20, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘While Walgreens Boots Alliance’s Q2 group performance came in ahead of company expectations, it covers the three months prior to the serious COVID-19 outbreak in its key markets, as at the end of […]
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H&M’s recovery derailed by COVID-19, says GlobalData

Following today’s release of H&M’s Q1 FY figures for 2019/20, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Present in 74 markets, H&M’s global operation makes the challenge of dealing with COVID-19 all the more harder, ensuring the pandemic is a true baptism of fire for new CEO Helena Helmersson. […]
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Sainsbury’s revival of Chop Chop shows compassion but expansion opportunities are limited, says GlobalData

Following the news that Sainsbury’s is launching cycle home delivery service Chop Chop from its first convenience dark store: Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the situation:  “Sainsbury’s revival of its Chop Chop delivery trial (first launched in September 2016) demonstrates inventiveness in utilising all […]
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COVID-19 pandemic will put sustainability concerns on hold, says GlobalData

Sustainability was the buzz word of 2019 and would have continued to increase in prominence in 2020. However, the global outbreak of coronavirus (COVID-19) will bring progress to a halt, according to GlobalData, a leading data and analytics company. Emily Salter, Analyst at GlobalData, comments: “Making changes to materials, logistics and production processes to improve […]
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Exemplary ethics will pay off beyond the coronavirus outbreak

In the midst of the coronavirus (COVID-19) outbreak, retailers that have made bold commitments to their staff, customers and the wider community will be remembered while those that have proven themselves to be less ethical risk falling out of favour with shoppers when normality returns, says GlobalData, a leading data and analytics company. Emily Salter, […]
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Pivotal moment for retail as Next shuts online operation

Following the decision by UK clothing retailer Next to shut its online operations down last night, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “Next’s decision is likely to reverberate across the retail industry – and many warehouse workers at other retailers will question why they […]
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Coronavirus to wipe out one fifth of UK fashion spend in 2020

The UK clothing & footwear sector will bear the brunt of the coronavirus’ (COVID-19) impact on retail, with 2020 sales down £11.1bn on 2019, according to preliminary forecasts by GlobalData, a leading data and analytics company. Kate Ormrod, Lead Retail Analyst at GlobalData, comments: “Amid a UK lockdown and self-isolation, buying new clothes and footwear […]
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Coronavirus to take £12.6bn out of UK retail spend in 2020

The impact of coronavirus (COVID-19) will wipe £12.6bn from retail sales this year, according to preliminary forecasts by GlobalData, a leading data and analytics company. This is equivalent to more than Aldi’s total UK sales last year. Patrick O’Brien, UK Retail Research Director at GlobalData, comments: “While the food and grocery market will grow at 7.1% […]
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Superdry’s comeback firmly in doubt as coronavirus hits its recovery

Following today’s news (Wednesday 18 March) that Superdry has issued a profit warning; Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Given Superdry’s profit warning in early January following poor festive trading, today’s announcement that it will miss its revised FY2019/20 profit target was inevitable given the […]
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