Retail

Retail

Amazon wins ‘Best UK Retailer Award’ for the first time

Amazon has won a hat trick of GlobalData Customer Satisfaction awards, including the most prestigious Best Retailer category, as shoppers vote for its great prices, service and convenience.

Retail

Easter sees rise in leisure activities while chocolate egg purchases fall

A recent analysis of Easter UK consumer spending by GlobalData, a leading data and analytics company, has revealed a number of insights to help retailers increase sales during the Easter holiday period.

Retail

Marginal uplift in the economy won’t save struggling retailers

The data does point to a slightly better near term picture for retailers though, with inflation falling leading to an increase of 1.2% in real household disposable income in 2018.’ On the perennial problem of business rates though, the only help was the bringing forward of the next revaluation to 2021, which will be little help to struggling retailers about to be hit by increased rate bills next month.’’

Retail

4,000,000 UK consumers stopped buying fashion accessories in 2017

The share of UK clothing shoppers that purchased accessories fell from * 50.6% in 2016 to 40.9% in 2017, equating to four million fewer consumers and £390m in lost revenue, according to GlobalData, a leading data and analytics company.

Retail

Toys R Us collapse due to its failure to compete with Smyths more than Amazon

While the narrative about the sad demise of Toys R Us focusses on how it was killed by the Internet, data shows that the rise of multichannel player Smyths caused even more damage than Amazon.

Retail

Valentine’s Day 2018: Consumers say Tesco does the best job at promoting Valentine’s day deals

According to GlobalData, a leading data and analytics company, Tesco remains number one in terms of promoting Valentine’s Day offers in 2017, with its wide range and convenient offer appealing to the masses.

Retail

Valentine’s Day 2018: Are we losing that lovin feelin

According to GlobalData, a leading data and analytics company almost half of consumers did nothing over Valentine’s Day last year and this increased by 2.5ppt on 2016.

Retail

Valentine’s Day 2018: Cost conscience consumers to cut fine dining on Valentine’s Day

According to GlobalData,a leading data and analytics company, over half of consumers forked out for a Valentine’s Day meal at a fine dining restaurant last year, up 5.0ppts on 2016. However the company believe that this trend is set to change in 2018 as consumers look to balance their budgets with more affordable dining options.

Retail

Discounters poised to increase share of £1 billion valentine’s day

Although UK sales on Valentine’s gifts and cards are set to achieve the £1 billion mark this year, growth is expected to slow on 2017 as shopping at discounters for the occasion becomes more prevalent.

Retail

UK click & collect sales set to soar 55.6% to 2022

Click & collect continues to rise rapidly in the UK, outpacing growth in the online retail channel, with click & collect sales forecast to account for 13.9% of total online spend in 2022, 1.9 percentage points higher than in 2017, according to GlobalData, a leading data and analytics company.

Retail

UK town centre sales declined to £108.3bn in 2017, but spending will grow 0.2% in 2018

The UK town centre retail market has been in decline since 2015, but it is forecast to rise 0.2% in 2018 and will continue to grow out to 2022, with sales in the town centre market being driven by convenience goods particularly in the food & grocery sector. However, the town centre retail market will underperform against the overall growth of total physical retail sales in the UK over the next five years, which will be driven by retail parks and supermalls, according to GlobalData, a leading data and analytics company.

Retail

The UK food and grocery convenience market will grow by 22.0% by 2022

The UK food and grocery convenience market will grow 4.1% in 2018, outperforming the total UK food and grocery market by 0.9 percentage points (ppt), according to GlobalData, a leading data and analytics company.

Retail

Health trend boosts UK cookware sales amid popularity of food delivery apps

More UK shoppers prepared a meal at home during the last 12 months - rising from 78.3% in 2016 to 83.8% in 2017 - as interest in healthy eating continued to grow according to new research by GlobalData, a leading data and analytics company.

Retail

Toys R Us UK stores rejuvenation is the key to future growth

While Toys R Us hopes that shutting 26 stores as part of a company voluntary arrangement (CVA) can stop it falling into administration, the only way it can save itself is by rejuvenating the rest of its tired portfolio says GlobalData a leading data and analytics company.

Retail

Shoppers set to spend over £10bn in this year’s Black Friday bonanza

Spend during the Black Friday period, defined as Monday 20-Monday 27 November 2017, is forecast to grow 3.8% on 2016 (Monday 21-Monday 28 November 2016) to £10.1bn, accounting for 10.4% of total Q4 spend. Although growth is forecast to slow year-on-year, we expect more retailers to take part in the event this year in an attempt to stimulate the waning demand they have faced over September and October.

Retail

Consumers shop early this Christmas to save money

Retailers are merchandising their Christmas ranges even earlier this year to meet consumer demand for early Christmas bargains on essentials like Christmas trees, decorations and lights according to GlobalData, a leading data and analytics company.

Retail

High inflation rather than strong volumes will drive Christmas spend this year

Non-food retailers will continue to struggle this Christmas with sales expected to show year-on-year growth of only 1.2% in the fourth quarter. Volumes are forecast to fall by 0.1% as price rises, which came into play as result of the weakened pound, will discourage cash strapped consumers from shopping over the seasonal period.

Retail

UK health & beauty market set to reach £27bn as it outperforms all other sectors

Despite the prolonged doom and gloom on the UK high street, waning consumer confidence, and restricted budgets, the health & beauty sector has far from lost its appeal. Indeed UK consumers will be prepared to pay even more over the next five years, with annual spend per head forecast to rise by £73 to £487, and the market reaching £26.7bn by 2022 according to GlobalData, a leading data and analytics company.

Retail

46.2% of toys & games will be sold online by 2022

The UK toys & games market will grow 16.2% over the next five years, reaching a total value of £4.9bn, according to research and consulting firm GlobalData.

Retail

Fashion boosting the £481m UK consumers will spend on Halloween this year

Challenging retail market spooks fashion retailers into participating in Halloween

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Amazon wins ‘Best UK Retailer Award’ for the first time

Easter sees rise in leisure activities while chocolate egg purchases fall

Marginal uplift in the economy won’t save struggling retailers

4,000,000 UK consumers stopped buying fashion accessories in 2017

Toys R Us collapse due to its failure to compete with Smyths more than Amazon

Valentine’s Day 2018: Consumers say Tesco does the best job at promoting Valentine’s day deals

Valentine’s Day 2018: Are we losing that lovin feelin

Valentine’s Day 2018: Cost conscience consumers to cut fine dining on Valentine’s Day

Discounters poised to increase share of £1 billion valentine’s day

UK click & collect sales set to soar 55.6% to 2022

UK town centre sales declined to £108.3bn in 2017, but spending will grow 0.2% in 2018

The UK food and grocery convenience market will grow by 22.0% by 2022

Health trend boosts UK cookware sales amid popularity of food delivery apps

Toys R Us UK stores rejuvenation is the key to future growth

Shoppers set to spend over £10bn in this year’s Black Friday bonanza

Consumers shop early this Christmas to save money

High inflation rather than strong volumes will drive Christmas spend this year

UK health & beauty market set to reach £27bn as it outperforms all other sectors

46.2% of toys & games will be sold online by 2022

Fashion boosting the £481m UK consumers will spend on Halloween this year

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