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UK shoppers are set to spend £1.7bn on back to school items in 2019, with the market forecast to grow by 1.5%. This is only slightly outperforming the annual rise in the number of pupils due to population growth, says GlobalData, a leading data and analytics company. The back to school market is highly competitive […]
Further consolidation expected as mattress brands struggle to differentiate themselves
Following today’s news (Monday 12 August) that Eve Sleep and Simba have entered initial talks about a merger. Matt Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for the online mattress market: “The news that Eve Sleep and Simba have entered preliminary talks about […]
Reliance partnership in India will allow Tiffany & Co to offset subdued demand in US and Europe, says GlobalData
Following the announcement that the iconic US-based luxury jeweler Tiffany & Co is forming a joint venture with India’s Reliance Brands Limited (RBL), a part of the Reliance Industries Limited (RIL), to open a line of stores in India, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: […]
Jack Wills acquisition could be Ashley’s next regret
Following the news that Jack Wills has been bought by Mike Ashley’s Sports Direct International, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company says: “Though Mike Ashley has given Jack Wills a much needed lifeline, he already has far too much on his plate to make the ailing lifestyle brand a priority […]
Karen Millen and Coast are an unlikely fit for fast fashion-focused boohoo group
Following today’s news (Tuesday 06 August) that the boohoo group has made an offer to acquire the online businesses of Karen Millen and Coast, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The boohoo group seems an unlikely suitor for premium womenswear brands Karen Millen and Coast, a […]
Boris must curtail no-deal Brexit rhetoric to reassure retailers
Following the upcoming appointment of Boris Johnson as Prime Minister this afternoon, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “The most pressing issue for retailers remains clarification on Brexit, both in terms of timing and the nature of the withdrawal. But numerous retailers – particularly the supermarkets […]
Hindustan Unilever laundry brand launch to target 71% of Indian consumers who prefer brands with sustainable products
Following today’s news (Tuesday 16 July) that Hindustan Unilever (HUL) is poised to launch a laundry brand from their Love Home and Planet line which offers vegan and plant-based, homecare products as reported by The Economic Times, Nabila Azmatulla, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The news […]
Lack of differentiation to blame for Office’s troubles
Following today’s news (Monday 01 July) that Office is on the brink of launching a CVA, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Office has been outshone by both multichannel and online rivals in the form of JD Sports and ASOS, with range overlap the primary reason for […]
GlobalData Retail Customer Satisfaction Awards 2019: John Lewis & Partners pick up four of 11 awards at celebratory lunch event
Last week the winners of the GlobalData Retail awards, together with clients and the media joined us at The Ivy in London for a celebratory lunch. Maureen Hinton, Global Retail Research Director at GlobalData comments: “With the news full of retailers’ woes, it was a great pleasure to be able to celebrate the success of […]
Rise of online pureplays pivotal to Bathstore’s collapse
Following today’s news (Wednesday 26 June) that Bathstore has fallen into administration, Matt Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the chain’s current challenges: “Bathstore has collapsed into administration as economic conditions have discouraged shoppers from making big ticket purchases; while it also struggled to compete against […]
Amazon set to top the UK cooking & baking market in 2019
Amazon is set to top the cooking & baking market for the first time in 2019, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘UK Cooking & Baking 2019-2024’ shows that Amazon’s share of the market will increase to 6.2% in 2019, up by 0.9ppts on last year, leaving former market leader Sainsbury’s behind […]
Regaining relevance a must for Monsoon Accessorize brands
Following yesterday’s news (Thursday 20 June) that Monsoon Accessorize has launched its CVA proposal, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While Monsoon Accessorize is seeking rent reductions at just over half of its 258 UK store estate, the failure of the retailer’s 2016 strategic overhaul brings into […]
GAME’s future belongs in House of Fraser
Following today’s news (Friday 21 June) that the board of GAME Digital has recommended that shareholders accept Sports Direct’s takeover bid, Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While GAME Digital has accepted Mike Ashley’s offer to buy GAME outright, it has done so begrudgingly, saddened by its […]
A renewed focus on value from competitors is forcing Sainsbury’s into substantial price cuts
Following the news that Sainsbury’s have reduced prices on over 1,000 own-brand prices since February, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “Following the collapse of its proposed merger with ASDA – which included the promise of staggered price investment to reduce everyday prices by 10% – […]
Further use of Amazon’s logistical prowess allows Morrisons scope to capitalise on the £14bn online grocery market
Following the news the ‘Morrisons at Amazon’ online same-day delivery service is set to expand to more cities across the UK, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “The expansion of the rapid delivery store ‘Morrisons at Amazon’ to five more cities in the UK clearly demonstrates […]
UK shoppers set to spend £653m on Father’s Day this year
Father’s Day spend is forecast to reach £635m in 2019, less than half of the amount spent on Mother’s Day but this occasion will experience higher growth than its more popular female counterpart, with spend set to rise by 1.0% (equating to £6.2m), according to GlobalData, a leading data and analytics company. With all retail […]
Arcadia CVA is approved, but the hard work has only just begun
Following today’s news (Wednesday 12 June) that Arcadia’s CVA proposal has been accepted, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the retailer’s CVA which was approved by creditors today: ‘‘Although Arcadia’s CVA has been approved, it is unsurprising that it faced backlash from some landlords […]
Mike Ashley’s bid for GAME could be what it needs to drive BELONG’s success
Following the news that Sports Direct has made an offer for GAME Digital, Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Mike Ashley’s offer to buy GAME outright brings with it the possibility to give the gaming retailer the ability to finally realise the potential of its BELONG gaming […]
Amazon to account for one fifth of UK online spend by 2024
Amazon is set to continue experiencing exponential growth with UK retail revenue set to rise 58.2% over the next five years to reach £15.7bn by 2024, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘Amazon Strategic Review – 2019’ reveals that the food & grocery sector is anticipated to be the largest […]
Waitrose’s unique ‘package-free’ trial will resonate with a localist consumer base
Following the news that Waitrose & Partners is trialling a dedicated refillable zone and a frozen ‘pick and mix’ proposition at a store in Oxford, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “Although only a trial, this announcement shows a determined step from Waitrose to meet its […]