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The UK non-food retail sector has become reliant on the demise of weaker operators to maintain growth for the survivors, according to GlobalData a leading data and analytics company.
Supermarkets remain the nation’s choice for back to school products
The grocers’ ability to use heavy discounting and promotions has cemented their position as the go-to destination for back to school products, according to GlobalData a leading data and analytics company.
CMA identifies 463 overlaps between ASDA and Sainsbury’s, but this itself does not derail merger
Following today’s (Thursday 27 September) publication of the CMA’s phase 1 decision on the merger of ASDA and Sainsbury’s, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “While the CMA has signalled that there is the threat of substantial lessening of competition in 463 areas across […]
Tesco back on the front foot with Jack’s in battle with discounters, but a more aggressive store opening schedule expected
On Tesco’s attempt to tackle the rise of the discounters with the opening of discount store Jack’s
JD Sports buoyed by expansion abroad, says GlobalData
Following today’s release of JD Sports H1 figures for 2018/19, Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Although international markets bolstered JD Sports’ performance in H1 2018/19 boosting total revenue to £1,846.3m, its resilient UK business delivered strong growth with sales rising 6.1%, accounting for 51.9% of group revenue. […]
Debenhams reaction to press speculation fails to address concerns, says GlobalData
Following today’s (Monday 10 September) release from Debenhams in relation to media speculation over its future, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: ‘‘Debenhams statement reacting to media speculation over its future has singularly failed to address investor concerns. While trying to give reassurance with […]
JP Morgan tops GlobalData’s global M&A financial adviser league table in the Retail Sector for Q2 2018
JP Morgan has topped the latest M&A league table of the top 10 financial advisers for the retail industry for Q2 2018, compiled by leading data analytics company GlobalData. The bank led the competition by deal value, with five deals worth a combined $21.5bn, including the industry’s highest value deal – Walmart’s proposed acquisition of […]
WH Smith’s market share under threat from new entrants
Following this mornings (Thursday 30th August) release of WH Smith’s pre-close statement, Zoe Mills, Retail Analyst for GlobalData, a leading data and analytics company, offers her perspective on the company’s results: “WH Smith continues to lead the UK stationery market but its 10.5% share is being eroded by new, more inspirational specialists, as well as […]
Wesfarmers’ acquisition of Homebase led to its market share dropping from 7.7% to 4.8% in five years
Wesfarmers’ disastrous acquisition of Homebase and the announced closure of nearly a fifth of its 250 stores have led to Homebase losing 2.9 percentage points of the DIY market, says GlobalData, a leading data and analytics company. In the years before Wesfarmers’ acquisition, Homebase was streamlining its store estate and introducing more homewares lines to […]
Drastic changes needed at House of Fraser to entice shoppers back
To give House of Fraser the best chance of survival, Sports Direct and its owner Mike Ashley must make drastic changes to both its product proposition and store environment to entice shoppers back says GlobalData, a leading data and analytics company. This will require significant investment – something which the chain has been starved of in recent years.
Mike Ashley must transform House of Fraser to make it a success
Following today’s news (Friday 10 August) that Sports Direct has purchased House of Fraser for £90m,
Stagnating Tim Hortons brand remains a challenge for Restaurant Brands International following Q2 results announcement
‘‘While there are positives to take from Restaurant Brands International’s Q2 earning release, they do little to allay the fears of investors who feel the firm is struggling to turn around the stagnating Tim Hortons brand. The company needs to be more innovative and introduce something which can really attract the attention of consumers or resign itself to playing second fiddle to rivals.
Interest rate rise is another unwelcome dampener on retail spend
Following today’s (Thursday 2 August) increase in UK interest rates, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “While the Bank of England believes that the UK economy is in strong enough shape to withstand an interest rate increase, UK retailers will be scratching their heads, […]
Tesco’s new discount chain is a risky response to Aldi and Lidl
Following speculation that Tesco is to launch a new discount fascia in the UK to compete with Aldi and Lidl, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the fascia’s potential: “The possibility of Tesco opening a discount fascia in a bid to neutralize the growing threat […]
Continued evolution of product portfolio is crucial for Unilever to return to pricing growth
‘‘Unilever’s second quarter results indicating strong volume growth, but weak pricing growth, shows how the company needs to keep evolving its brand portfolio to increase its exposure to premium personal care categories and emerging markets.
Humdrum sales increase shows why Sainsbury’s needs ASDA – and the sooner the better
“While Sainsbury’s focuses on getting its pending merger with ASDA past the CMA for the end of 2019, day-to-day retail operations continue – and as the first quarter numbers show, performance is far from impressive. While all key metrics are at least positive, a 0.2% growth in retail like-for-like sales sits far behind the recent results of competitors Tesco (+2.1%) and Morrisons (+3.6%) over a comparable period.
Tesco – Carrefour tie-up to focus on own-brand to fight Aldi and Lidl
Following today’s news (Monday 2nd July) that Tesco has entered into a strategic partnership with Carrefour
Multi-price retailing not enough to save Poundworld
Following today’s news (Monday 11 June) that Poundworld has collapsed into administration,
House of Fraser’s drastic plan to halve its store portfolio is essential, but will not guarantee its success
Following today’s news (Thursday 7 June) that House of Fraser is to dramatically reduce its store numbers,
M&S to lose its decades long status as the number one clothing retailer to Primark
Following today’s announcement ( Tuesday 22nd May ) that M&S are to close over 100 stores by 2022 as their ‘radical transformation plan continues at pace’,