Retail

Retail

Over a quarter of millennials use credit options to buy clothing & footwear online, says GlobalData

An increase in the number of retailers offering ‘try before you buy’ payment methods is driving up the use of credit options amongst young consumers buying online, with 26.3% of online clothing & footwear shoppers aged 16-34 using credit options such as ‘try before you buy’ in the past 12 months, according to GlobalData, a […]

Retail

UK shoppers hold back spending online in October 2018, in anticipation of Black Friday

Instore spending drove a moderate 2.6 point increase in GlobalData’s total retail spend index as many consumers in the UK began their Christmas shopping, persuaded by retailers starting to promote gifts and partywear. However, online spending decreased as shoppers held back in anticipation of the Black Friday deals in November, according to GlobalData, a leading […]

Retail

Halloween proved a treat for retailers as 51.5% of UK consumers spent on the occasion

The US-originated Halloween occasion is becoming more popular in the UK with over half of consumers spending on Halloween in 2018, according to GlobalData, a leading data and analytics company. Appetite for US imported retail occasions is stronger than ever, with GlobalData also forecasting a 3.1% increase in Black Friday spend this week. The company’s […]

Retail

Beauty and the booze to drive advent calendar spend, says GlobalData

55.6% of UK consumers surveyed stated that they intend to purchase at least one advent calendar this year, up from 53.4% last year, says GlobalData, a leading data and analytics company. While chocolate advent calendars remain the most popular type purchased, with 73.6% of advent calendar shoppers stating their intent to purchase this product, this […]

Retail

Black Friday set to be worth £10.4bn in the UK in 2018

Black Friday sales are forecast to grow faster than the UK retail market in Q4 2018, as the promotional period draws in spend from before and after the event. Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Spend during the Black Friday period will account for 10.5% of […]

Retail

Amazon HQ split reflects its sheer size and scale and offers a workable solution for future expansion

After over a year of speculation and a contest in which major cities have vied for Amazon's favor, the technology behemoth has finally chosen New York City and Northern Virginia as the locations for its new headquarters.

Retail

AO makes smart (phone) move, says GlobalData

The announcement this morning on AO World’s acquisition of Mobile Phones Direct highlights the online electricals specialist’s continued expansion plans as it attempts to steal market share from Dixons Carphone, Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: ‘‘AO World has been focused on shrugging off consumer perceptions […]

Retail

Modest Christmas cheer for UK retail with £99bn ‘golden quarter’ sales forecast

While it has been a year of retail failures, profit warnings and store closures so far, the ‘golden quarter’ offers retailers the opportunity to gain sales from consumers who are finally ready to prioritise shopping. But low consumer confidence and confusion over Brexit will inhibit big-ticket spend, and trading down to value retailers is becoming more widespread, due to the rapid store expansion of players such as B&M and Home Bargains.

Retail

Moschino’s flamboyant designs will hold limited appeal among H&M’s customer base

Ahead of tomorrow’s (8 November) launch of H&M’s collaboration with Moschino, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view:

Retail

Clothing and footwear spend via online-only retailers is set to soar 67.4% over the next five years reaching £7.5bn in 2023, says GlobalData

Clothing and footwear spend via online-only retailers is set to soar 67.4% over the next five years reaching £7.5bn in 2023, outpacing growth in the sector online (forecast to be 40.3%) and accounting for over one third of online clothing and footwear sales by 2023, according to GlobalData, a leading data and analytics company. The […]

Retail

Goldman Sachs dominates GlobalData’s ranking of global M&A financial advisers in Retail for Q3 2018

Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the Retail industry for Q3 2018, compiled by leading data analytics company GlobalData. Goldman Sachs, an American bank, raced to the top in terms of deal value, with an impressive six deals worth a total $10.6bn. […]

Retail

All treats and no tricks as Halloween retail creeps up to almost half a billion pounds, says GlobalData

This year Halloween will be a treat for retailers, with the event forecast to be worth £491m in 2018 (up 2.1% on last year) as consumers invest in the spooky occasion, according to GlobalData, a leading data and analytics company. Halloween clothing and costumes remain the greatest opportunity for retailers to capitalise on this occasion, […]

Retail

Business rates relief offers no reprieve for UK’s suffering retail chains

The £900m extension to small business rate relief gives an estimated 500,000 independent shops a boost but does nothing for the long list of struggling retail chains who were hoping, for once, that they would have their tax burden reduced.

Retail

43.3% of consumers spent on summer products this year due to heatwave, says GlobalData

The prolonged heatwave in the UK and major sporting events boosted spending on summer items such as outdoor and gardening products, BBQ food and holiday clothing, with consumers judging Tesco to be the retailer that had promoted its summer ranges the best, according to GlobalData, a leading data and analytics company. The company’s latest report […]

Retail

Ground-breaking report sheds new light on UK’s best performing shopping centres

GlobalData’s newly released ‘Top 50 UK Shopping Centres Report, 2018’ is the first of its kind to take into account the requirements of both tenants and shoppers, to provide a comprehensive view on the UK’s top shopping centres. Through a combination of consumer and B2B research, the new report provides a 360⁰ view on the UK’s leading shopping centres, underpinned by data from landlords, property experts and, most importantly, shoppers.

Retail

Sears’ demise calls for change in management, says GlobalData

Following the news that US retailer, Sears, files for bankruptcy: Neil Saunders, Managing Director of GlobalData Retail, comments: “Today is a day that will live in retail infamy. That a storied retailer, once at the pinnacle of the industry, should collapse in such a shabby state of disarray is both terrible and scandalous in equal […]

Retail

Claire’s out of touch with today’s young shoppers, says GlobalData

Following today’s news (Monday 15 October) that Claire’s is mulling UK store closures, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: ‘‘Having continually lost relevance in the jewellery and accessories market, the news that Claire’s is seeking to rid itself of stores is no surprise – with […]

Retail

Superdry is the next in a long line of brands to be hit by House of Fraser’s woes, says GlobalData

Following today’s news (Monday 15 October) that Superdry has announced a profit warning, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chain’s current challenges: ‘‘Following news in the last few weeks that Quiz, Coast and Ted Baker have all been hit by the downfall of […]

Retail

Coast yet another victim of struggling department stores

Following yesterday’s news (Thursday 11 October) that Karen Millen bought womenswear retailer Coast out of administration,

Retail

Almost 90% of UK consumers would use deposit scheme as grocers rethink war on plastic, says GlobalData

Grocers should consider introducing more widespread deposit and return schemes instead of waiting for government action, since 88.9% of UK consumers stated that they would be likely to use a scheme as environmental concerns move higher up their agendas, says , a leading data and analytics company. Emily Salter, , comments: “Since almost 90% of […]

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Over a quarter of millennials use credit options to buy clothing & footwear online, says GlobalData

UK shoppers hold back spending online in October 2018, in anticipation of Black Friday

Halloween proved a treat for retailers as 51.5% of UK consumers spent on the occasion

Beauty and the booze to drive advent calendar spend, says GlobalData

Black Friday set to be worth £10.4bn in the UK in 2018

Amazon HQ split reflects its sheer size and scale and offers a workable solution for future expansion

AO makes smart (phone) move, says GlobalData

Modest Christmas cheer for UK retail with £99bn ‘golden quarter’ sales forecast

Moschino’s flamboyant designs will hold limited appeal among H&M’s customer base

Clothing and footwear spend via online-only retailers is set to soar 67.4% over the next five years reaching £7.5bn in 2023, says GlobalData

Goldman Sachs dominates GlobalData’s ranking of global M&A financial advisers in Retail for Q3 2018

All treats and no tricks as Halloween retail creeps up to almost half a billion pounds, says GlobalData

Business rates relief offers no reprieve for UK’s suffering retail chains

43.3% of consumers spent on summer products this year due to heatwave, says GlobalData

Ground-breaking report sheds new light on UK’s best performing shopping centres

Sears’ demise calls for change in management, says GlobalData

Claire’s out of touch with today’s young shoppers, says GlobalData

Superdry is the next in a long line of brands to be hit by House of Fraser’s woes, says GlobalData

Coast yet another victim of struggling department stores

Almost 90% of UK consumers would use deposit scheme as grocers rethink war on plastic, says GlobalData

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