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GlobalData
GlobalData

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 […]
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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. […]
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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 […]
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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 […]
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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.
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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.
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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, […]
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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 […]
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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.
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