Retail

Retail

Waitrose will need to rely on brand reputation to succeed in commanding 5% of online food market by 2022

Following the news that Waitrose & Partners intend to treble the size of its online operations to a £1bn business over the next three years, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “Waitrose’s new partnership with TDP will provide it with the capacity needed to compete in […]

Retail

UK mobile retail spend will double in the next five years to reach £33.2bn

As UK consumers increasingly turn to their smartphones for convenience, mobile will continue to be the fastest growing area within the UK retail market with spend increasing by £17.1bn over the next five years to reach £33.2bn by 2024, according to GlobalData, a leading data and analytics company. The company’s latest report ‘UK Online Mobile & Tablet […]

Retail

Retailers must act fast to satisfy underwhelmed sustainability-seeking shoppers, says GlobalData

The overwhelming majority of UK consumers believe that retailers should be acting sustainably but almost 80% think that retailers are not doing enough to address issues around sustainability and climate change*, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘UK Sustainability 2019’, reveals that those who are most likely to purchase more frequently […]

Retail

Department stores are top choice for gifting but recent struggles will threaten their reign, says GlobalData

Department stores are popular among consumers for purchasing gifts for occasions such as weddings and birthdays, as 44.9% of UK consumers who purchased a gift in a store bought from a department store*. As struggling department store retailers such as Debenhams and House of Fraser close stores, other retailers should position themselves to gain share […]

Retail

CMA merger block leaves Sainsbury’s CEO out of the money and into a difficult position

On the decision by the CMA to block the ASDA – Sainsbury’s merger, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “The CMA’s decision to block the Sainsbury’s – ASDA merger puts the heat on Sainsbury’s CEO Mike Coupe. Whatever the rights or wrongs of the […]

Retail

Easter spending in the UK to reach £1.7bn in 2019, says GlobalData

Easter spend in the UK is forecast to increase by 0.5% in 2019 to reach £1.7bn, driven by gifting which is expected to rise 0.8%, according to GlobalData, a leading data and analytics company. This traditional event has been epitomised by indulgent chocolate eggs, however the continued rise of the health and wellness trend will […]

Retail

Lack of strong brand appeal has led to shopper desertion at Monsoon Accessorize

Following today’s news (Monday 15 April) that Monsoon Accessorize is on the brink of launching a CVA, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “It is essential that Monsoon Accessorize, like many other retailers over the last few years, works to reduce its high street presence. Monsoon, […]

Retail

Debenhams saved from hands of Mike Ashley but needs more cash to safeguard its future

Following today’s news (Tuesday 9 April) that Debenhams has fallen into administration, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The cash injection from the new owners will not be enough to turn around the failing department store’s fortunes. Although Sergio Bucher’s Redesigned strategy, announced almost two years […]

Retail

Failure to capture a loyal male customer base has led to an instore exit for New Look’s menswear offer, says GlobalData

Following yesterday’s news (Monday 8th April) that New Look is to remove menswear from its physical stores, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “After a challenging few years for the retailer it is not surprising that New Look’s menswear store offer is the first to be […]

Retail

JD Sports a more cohesive fit for Pretty Green than Sports Direct, says GlobalData

Following today’s news (Thursday 4 April) that JD Sports has acquired Pretty Green Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: ‘‘JD Sports needs to revamp Pretty Green’s “rock ’n’ roll” trend offer if it is to resonate with younger generations. With difficulty in justifying its existing […]

Retail

UK supermalls spend to reach £10.9bn by 2023 as they suck sales from the high street

As physical retail spend comes under increasing threat from the online channel, supermalls are set to outperform the total offline market over the next five years as their destination appeal will ensure that growth is resilient, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘UK Supermalls 2018 – 2023’ reveals that supermalls retail spend […]

Retail

Bonmarché has found a saviour in Philip Day with his Spectre Holdings acquisition

Following the news that Spectre Holdings, the Dubai based company owned by Philip Day of Edinburgh Woollen Mills, has bought the majority of shares in Bonmarché and is making an offer for the remaining shares, Maureen Hinton, Global Retail Research Director at GlobalData, a leading data and analytics company, offers her view: “This is an […]

Retail

Fashion spend in town centres to slump 13.8% by 2023

Major retailers including Marks & Spencer, Debenhams, New Look, and now potentially Arcadia, are closing a significant number of stores over the next three to five years, and town centres will be the hardest hit locations with clothing & footwear spend forecast to decline by 13.8% (£2.4bn) between 2018 and 2023, according to GlobalData, a […]

Retail

Sports Direct ‘possible’ offer for Debenhams looks anything but, says GlobalData

Following the news that Mike Ashley is considering a £61m bid to take full control of Debenhams, Patrick O’Brien, UK Research Director at GlobalData, a leading data and analytics company, offers his view: “While Mike Ashley’s desire to buy Debenhams and merge it with House of Fraser is clear, his talk of a £61m offer, […]

Retail

Dune not the best fit for LK Bennett

Following today’s news (Wednesday 27 March) that Dune has tabled a bid for LK Bennett, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While both retailers tap into the premium occasionwear market, footwear specialist Dune and LK Bennett do not seem like an obvious fit, given the latter’s […]

Retail

Brand differentiation is key in order for Boohoo to harness Misspap as its next vehicle for growth

Following yesterday’s news (Monday 25 March) that the Boohoo group has acquired Misspap, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “The Boohoo group’s acquisition of Misspap will give the retailer another vehicle to drive rapid growth, as it has done with PrettyLittleThing, […]

Retail

Administration looms as Debenhams reveals restructuring plans

Following the announcement of Debenhams new restructuring plans, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “Mike Ashley’s attempt to create a ‘House of Debenhams’ looks doomed to be an expensive failure after Debenhams revealed its restructuring plans. It looks likely that creditors will approve plans […]

Retail

Mother’s Day spending in the UK to rise to £1.6bn, says GlobalData

Mother’s Day spend will continue to grow despite falling later in the month (31 March 2019 versus 11 March 2018) which has led to a number of retailers focusing on other occasions earlier in March. The event holds significance among consumers and spend will increase 0.8% to £1.6bn, according to GlobalData, a leading data and […]

Retail

Aldi is willing to fight for space in the lucrative convenience market

Following the launch of discounter Aldi’s Local format last week in South London, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “Although the ability for the discounters to gain new loyal UK shoppers is beginning to slow as they struggle to find new locations that do not cannibalise […]

Retail

Market pressures means Sainsbury’s has little choice but to battle on against the CMA

Following the news that Sainsbury’s-ASDA are planning to invest £1bn in price cuts and establish a profit cap on fuel to encourage approval of the merger by the CMA, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “With Sainsbury’s hopes of creating a new grocery market leader by […]

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Waitrose will need to rely on brand reputation to succeed in commanding 5% of online food market by 2022

UK mobile retail spend will double in the next five years to reach £33.2bn

Retailers must act fast to satisfy underwhelmed sustainability-seeking shoppers, says GlobalData

Department stores are top choice for gifting but recent struggles will threaten their reign, says GlobalData

CMA merger block leaves Sainsbury’s CEO out of the money and into a difficult position

Easter spending in the UK to reach £1.7bn in 2019, says GlobalData

Lack of strong brand appeal has led to shopper desertion at Monsoon Accessorize

Debenhams saved from hands of Mike Ashley but needs more cash to safeguard its future

Failure to capture a loyal male customer base has led to an instore exit for New Look’s menswear offer, says GlobalData

JD Sports a more cohesive fit for Pretty Green than Sports Direct, says GlobalData

UK supermalls spend to reach £10.9bn by 2023 as they suck sales from the high street

Bonmarché has found a saviour in Philip Day with his Spectre Holdings acquisition

Fashion spend in town centres to slump 13.8% by 2023

Sports Direct ‘possible’ offer for Debenhams looks anything but, says GlobalData

Dune not the best fit for LK Bennett

Brand differentiation is key in order for Boohoo to harness Misspap as its next vehicle for growth

Administration looms as Debenhams reveals restructuring plans

Mother’s Day spending in the UK to rise to £1.6bn, says GlobalData

Aldi is willing to fight for space in the lucrative convenience market

Market pressures means Sainsbury’s has little choice but to battle on against the CMA

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