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GlobalData
GlobalData

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 […]
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Stationery specialist Office Outlet left behind as the market steams ahead

Commenting on the news that Office Outlet has collapsed into administration, Zoe Mills, UK Retail Analyst at GlobalData, offers her view: “The stationery market is booming, forecast to grow 3.6% in 2019 and far outpacing UK non-food growth. However, following Paperchase’s CVA announcement earlier this month, yet another stationery retailer is in trouble. “Growth in […]
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JD Sports can breathe new life into Footasylum, says GlobalData

Following the news that JD Sports is to buy Footasylum for £90m, Patrick O’Brien, UK Retail Research Director offers his view: “While JD Sports is paying a 77% premium on Friday’s closing price, the 82.5p bid is almost half of Footasylum’s IPO offer price when it listed just 16 months ago. “Footasylum went for rapid […]
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M&S faces uphill battle to win over weekly food shoppers

Following the news that M&S are planning to expand the number of stores offering the full range of M&S food products, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “It is understandable that M&S Food’s Managing Director Stuart Machin is looking to expand the food side of the business; over the […]
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Not just Arcadia: Fashion is fleeing the high street

Following today’s news (Friday 15 March) that Arcadia is reportedly poised to launch a CVA, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “News that Arcadia is poised to launch a CVA comes as no surprise as clothing & footwear spend continues […]
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Mild February fails to significantly boost UK retail spending

February proved to be another disheartening month for retailers as the total retail spend index rose only 3.4 percentage points (ppts) versus a poor performance in January, according to GlobalData, a leading data and analytics company. This subdued growth is especially disappointing in light of the UK experiencing the hottest February on record, which should have […]
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Gap is not the only preppy logo brand with a short shelf life

In response to the announcement that Gap Inc. is splitting its brand portfolio and closing more Gap stores, Maureen Hinton, Global Retail Research Director for GlobalData, a leading data and analytics company, offers her view: “While Gap started the fashion trend for the US preppy style casual brands, others, such as Abercrombie & Fitch, which […]
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Sainsbury’s vows to fight on, but ASDA merger looks doomed, says GlobalData

In response to the CMA’s provisional findings on the proposed ASDA/Sainsbury’s merger, Patrick O’Brien, UK Retail Research Director for GlobalData, a leading data and analytics company, offers his view: “The CMA’s provisional findings on the proposed merger of ASDA and Sainsbury’s have devastated any prospect of the merger going ahead. Rather than just point to a […]
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