GlobalData
GlobalData

Retail

UK DIY spending set for £200 million fall, following easing of COVID-19 restrictions and the cost-of-living crisis, says GlobalData

During the pandemic, GlobalData’s Monthly DIY Tracker found that the UK DIY sector enjoyed a £500 million uplift as consumers, prevented from going out, invested time and energy in sprucing up their homes and gardens. However, the leading data and analytics company’s tracker now shows that spending on home improvement is set for a £200 […]
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McColl’s shift to fresh produce was too little too late, says GlobalData

Following the news that McColl’s has fallen into administration; Honor Strachan, Food & Grocery Analyst at GlobalData, a leading data and analytics company, offers her view: “McColl’s move to start selling fresh produce was implemented too late for the retailer to capitalize on consumers’ shift to local shopping during the COVID-19 pandemic. Stores stocked with […]
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Acquisition of stakes by ITOCHU to benefit Dome’s distribution tactic and boost corporate value, finds GlobalData

Dome Corporation, an exclusive apparel distributor of Under Armour in Japan, has signed an acquisition deal with Japanese general trading company ITOCHU. By utilizing the product development and production networks of ITOCHU’s group companies and suppliers, this partnership will assist Dome’s distribution strategy, strengthen business through expansion, and increase its corporate value by leveraging ITOCHU’s […]
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ASDA’s price-lock strategy to win favour with half of cash strapped Brits as financial worries hit a new high in 2022, says GlobalData

Following the news that ASDA will invest £73 million to tackle the cost of living crisis by increasing pay and price-locking products until the end of the year; Amira Freyer-Elgendy, Food & Grocery Analyst at GlobalData, a leading data and analytics company, offers her view: “Amid inflation, the rising cost of living and stagnant wages, […]
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Amazon’s job postings for Project Kuiper and Freight nearly doubled in Q1 2022 indicating expansion, finds GlobalData

Amazon’s job postings for Project Kuiper (to launch low Earth orbit satellites) and Freight have nearly doubled from 580 in Q1 2021 compared to 1018 in Q1 2022, observes GlobalData, a leading data and analytics company. Sherla Sriprada, Business Fundamentals Analyst at GlobalData, comments: “From groceries, to healthcare, to satellites, Amazon has been expanding its platform […]
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Tesco partnership will broaden Homebase’s appeal, says GlobalData

Following reports that Homebase is to launch in Tesco stores: Kate Ormrod, Principal Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “With 73% of Homebase DIY shoppers buying food & grocery from Tesco, the deal will bring greater convenience for Homebase’s existing shoppers, while also opening it […]
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