Retail

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

Retail

Department stores and fashion retailers must consider delivery subscriptions to counter threat of Amazon Prime

Department stores and traditional clothing & footwear retailers are losing market share to online pureplay retailers, and must look to follow their lead into delivery saver schemes according to GlobalData, a leading data and analystics company. This will encourage their customers to shop more frequently and keep the retailer at the forefront of consumers’ minds.

Retail

Supermalls set to outperform physical retail growth, as focus on leisure and food service attracts millennials

The UK Supermalls market is forecast to rise 7.2% over the next five years, outpacing growth in physical locations, forecast to be 5.0% (across non-food sectors), according to GlobalData, a leading data and analytics company.

Retail

AI set to revolutionize retail banking, says GlobalData

For retail banks looking to differentiate themselves in an increasingly crowded marketplace, providing an enhanced digital customer experience is now an essential component of winning and retaining customers. The sector is increasingly looking to artificial intelligence (AI) to achieve this and is now on the cusp of a digital services revolution, with machine learning, natural language processing, and predictive analytics all set to turn retail banking into a data-driven industry.

Retail

Discount retailers to grab a further £9bn of consumer spend by 2022

The UK Discount Retail market is set to grow by 36.1% reaching a total value of £32.5bn by 2022 according to GlobalData, a recognized leader in providing business information and analytics.

Retail

Athleisure is here to stay as ASOS targets lucrative £2.5bn UK sports clothing market

The athleisure trend will reach new heights this year, pushing the UK sports clothing market to £2.5 billion in 2017, up 8% on 2016, according to GlobalData, a recognized leader in providing business information and analytics.

Retail

Airports offer a $38 billion bright spot for retailers facing an otherwise harsh market environment

Travel retail, particularly in airports, is currently a bright spot in the retail world. GlobalData’s latest report reveals that spending in airports hit $38 billion globally in 2016, and is set to grow by 27% to $49 billion by 2021.

Retail

Amazon’s $13.7 billion acquisition of Whole Foods shakes up grocery industry

Amazon's $13.7 billion acquisition of Whole Foods gives Amazon a serious presence in the grocery market and a platform for future growth and expansion. For Whole Foods, Amazon is potentially the answer to some – but not all – of its issues.

Retail

UK shoppers spend half as much on Father’s Day as on Mother’s Day

Although UK consumers spend £700 million celebrating their fathers, this is half as much as their spend on Mother’s Day, as they think fathers are less important.

Retail

What does the UK election result mean for retail?

The party manifestos offered little other than more pain for retailers, but the uncertainty arising from the election result threatens to damage the industry more than any policy could.

Retail

UK election poll: Aldi and Lidl shoppers want Conservative victory

As part of GlobalData’s regular Consumer Sentiment Tracker, we conducted a survey in the run-up to the election to discover the voting intentions of supermarket shoppers.

Retail

Rising obesity in young people boosting £5 billion UK plus size womenswear market

One in every £5 spent on womenswear in 2017 will be spent on plus size garments, according to GlobalData, a recognized leader in providing business information and analytics.

Retail

UK retail parks will grow faster than high streets to 2022

The UK retail parks market is expected to grow by 13.8% between 2017 and 2022, with the sector set to outperform the high street, according to GlobalData, a recognized leader in providing business information and analytics.

Retail

Electricals retailer AO.com named Best UK Retailer at GlobalData’s Awards

Electricals retailer AO.com named Best UK Retailer by the public at GlobalData’s 2017 Customer Satisfaction Awards.

Retail

Scandinavian lifestyle trends will help drive UK bedroom textiles market growth to 2022

The UK bedroom textiles market is set to grow by 12.5% between 2017 and 2022, with just over 80% of purchases made to replace existing textiles and around 58% made to achieve a new look, according to GlobalData, a recognized leader in providing business information and analytics.

Retail

UK tablets and e-readers market will decline by 7.7% to 2022

Although the computers and tablets market in the UK is expected to experience substantial growth over the next few years, the tablets and e-readers market is expected to decline by 2022. This will be driven by mobile phones growing in size and 2-in-1 hybrids combining computers and tablets cannibalising trade from both markets, according to GlobalData, a recognized leader in providing business information and analytics.

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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

Department stores and fashion retailers must consider delivery subscriptions to counter threat of Amazon Prime

Supermalls set to outperform physical retail growth, as focus on leisure and food service attracts millennials

AI set to revolutionize retail banking, says GlobalData

Discount retailers to grab a further £9bn of consumer spend by 2022

Athleisure is here to stay as ASOS targets lucrative £2.5bn UK sports clothing market

Airports offer a $38 billion bright spot for retailers facing an otherwise harsh market environment

Amazon’s $13.7 billion acquisition of Whole Foods shakes up grocery industry

UK shoppers spend half as much on Father’s Day as on Mother’s Day

What does the UK election result mean for retail?

UK election poll: Aldi and Lidl shoppers want Conservative victory

Rising obesity in young people boosting £5 billion UK plus size womenswear market

UK retail parks will grow faster than high streets to 2022

Electricals retailer AO.com named Best UK Retailer at GlobalData’s Awards

Scandinavian lifestyle trends will help drive UK bedroom textiles market growth to 2022

UK tablets and e-readers market will decline by 7.7% to 2022

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