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Following today’s news (Monday 20 January) that Beales has fallen into administration; Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the department store’s challenges: “Beales has fallen into administration, a casualty of the tough retail market where weak consumer confidence and declining footfall have already caused so […]
Strong Black Friday performance not enough to save Christmas for ailing retailers
Although a number of retailers reported strong sales growth over the *Black Friday period in a heavily promotional Q4, this was not enough to boost performance for struggling retailers over the crucial Christmas trading period, according to GlobalData, a leading data and analytics company. GlobalData’s ‘Black Friday in the UK 2019’ report reveals that more […]
Five key issues for retailers in 2020
Retail in mature Western economies will continue to suffer challenges, with further casualties, as the sector evolves to meet the fast changing demands of the 2020’s consumer. Despite these challenges, technology allows even the smallest business with a relevant offer the opportunity to reach a global audience, and over the next decade Maureen Hinton, Group […]
Ground-breaking report sheds new light on UK’s best performing shopping centres
Westfield’s two London centres – Westfield London and Westfield Stratford City – have retained the top two spots intu boasts the most centres in the top 20, with nine centres within intu’s portfolio intu Watford is the biggest riser in this year’s rankings versus 2018 GlobalData’s newly released Top 50 Shopping Centres Report 2019 – an update […]
Election result to give retailers a much-needed boost, but could be short-lived
Following the news that the Conservative Party has secured a majority in the 2019 UK general election; Patrick O’Brien, UK Retail Research Director at GlobalData, offers his view on what this means for the retail sector: “Whatever your politics, the result is at least decisive, and offers retailers some short-term relief after what has been a […]
Aeon partners with Ocado to challenge Seiyu and Amazon in Japan’s online grocery market, says GlobalData
Following the news that Japanese supermarket group Aeon Co. Ltd. partnered with British online grocer Ocado to develop its e-commerce capabilities; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “With Japan emerging as an international leader in e-commerce and boasting one of the fastest growing and most […]
Black Friday can provide a good deal for the savvy shopper, says GlobalData
Following today’s news (Tuesday 26th November) that a Which? report has discussed whether Black Friday is just hype with few real offers available; Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Consumers are increasingly savvy to the deals offered by retailers, and are more accustomed to shopping around […]
Popularity of designer and discount outlets challenges online growth, says GlobalData
It is not just the online retail channel that is growing, as consumer demand for premium brands at reduced prices means that the rise in spend at outlet locations will rival that of online-commerce. Non-food online spend is forecast to grow by 6.4% in 2019, and while physical retail will decline by 0.5%, spend at […]
Amazon’s partnership with BookMyShow in India will bring it one step closer to becoming super app, says GlobalData
Following the news that US-based e-commerce giant Amazon has tied-up with online ticket booking platform BookMyShow in India to allow its customers buy movie tickets from within its own app, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The strategic move alludes to Amazon’s bigger plan of […]
Mothercare’s dwindling authority as a specialist to blame for its demise, says GlobalData
Following today’s news (Monday 4 November) that Mothercare has fallen into administration; Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “Mothercare’s fall into administration comes as no surprise following its company voluntary arrangement (CVA) in 2018, profit warning in July this year […]
UK online marketplace spend set to rise 50.1% to £39.3bn by 2024
In contrast to the many multichannel retailers that are struggling, online marketplaces continue to thrive with spend set to rise by £13.1bn over the next five years, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Retail Channel Series: UK Online Marketplace Retailing 2019 – 2024’ reveals that this substantial rise […]
Over a quarter of UK shoppers subscribe to a delivery saver scheme
Over a quarter of non-food online shoppers have subscribed to a delivery saver scheme, such as Amazon Prime or ASOS Premier, in the past 12 months*, as shoppers increasingly desire fast low-cost fulfilment, according to GlobalData, a leading data and analytics company. This figure rises to 44.8% for 16-24s as this demographic is well-served by […]
Japanese cosmetic brand RMK turns to Tmall Global to tap lucrative APAC market, says GlobalData
Japanese cosmetics brand RMK has launched a new flagship store on Chinese e-commerce giant Tmall Global. The move is part of RMK’s larger focus to tap the lucrative Asia-Pacific (APAC) beauty market and create stable platform for beauty brands in China, says GlobalData, a leading data and analytics company. Shagun Sachdeva, Consumer Insights Analyst at […]
PepsiCo partners with HUEMN to foray into fashion industry in India, says GlobalData
Following the news that PepsiCo has forayed into the fashion industry in partnership with India-based ready-to-wear (RTW) apparel brand HUEMN at the Fashion Design Council of India’s Lotus India Fashion Week SS20, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “PepsiCo has often come with launches […]
Myntra ties up with local tailors as delivery agents to curb returns of ill-fitting clothes and sale losses, says GlobalData
Myntra, a Flipkart-owned fashion platform, has roped in local tailors to pick up packages from warehouses and deliver to customers to mend the sales gap caused by the return of ill-fitting clothes. The move is set to minimize business losses by cutting down on the return of clothes and refunds, says GlobalData, a leading data […]
Planned Waitrose and John Lewis integration must be delicately implemented to avoid disruption
Following the news that the John Lewis Partnership (JLP) plans to streamline operations by consolidating its food and non-food divisions and narrowing its senior management team, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “JLP has stated that aligning the two fascias will “sharpen focus on the customer” […]
Dabur goes online to tap kids customer base in India, says GlobalData
Following the recent news that Indian fast-moving consumer goods (FMCG) giant Dabur has announced the launch of a new online-only haircare line for kids, ‘Dabur Amla Kids’, Priyanshu Rana, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The announcement was made with the objective to tap the potential kids customer […]
Quiz is failing to stand out
Following Wednesday’s (04 September) news of Quiz’s AGM trading update, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “A significant revamp to Quiz’s product offer and brand appeal is essential to regain footfall and investor confidence – with its update this morning leading to a 13% fall in […]
Arcadia’s deep discounts signal bleak outlook for company, says GlobalData
Following today’s news (Friday 6 September) on Arcadia’s fiscal year (FY) 2017/18 operating loss: Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “Arcadia’s FY2017/18 slump to an operating loss of £154.9m (versus profits of £77.9m last year) will be partly driven by […]
New FDI rules in Indian retail sector reassure influx of investments, says GlobalData
The Ministry of Commerce of India has recently announced a slew of relaxations on single-brand retail’s FDI investments. The new FDI norms can be seen as an effort by the government to encourage investments and create employment opportunities over the next five years, says GlobalData, a leading data and analytics company. According to GlobalData, […]