GlobalData
This coverage examines GlobalData’s role in shaping retail strategy and market understanding within the UK sector. Reporting highlights the firm’s retail forecasts, consumer behaviour insights, sector-specific analyses, and commentary on key retail occasions — providing retail executives, strategists, and brand managers with data-driven perspectives to inform decision-making across categories including food and grocery, fashion, health and beauty, and online retail.
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Apr- 2023 -27 AprilNews
Retailers not likely to benefit from King’s Coronation, GlobalData finds
Retailers may not reap significant benefits from the King’s Coronation as consumers are more likely to use it as a time to rest and relax than shop, says leading data and analytics company GlobalData. According to its recent survey conducted on 2,000 consumers, 38.9% stated that they plan to celebrate…
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19 AprilNews
UK retailers should focus on Eid, says GlobalData
Leading data and analytics company GlobalData is advising UK retailers to appeal to younger cash-strapped consumers who are celebrating Eid. GlobalData’s UK Consumer Views report conducted on 2,000 nationally representative shoppers revealed that 24.4% of consumers aged 25-34 plan to celebrate the holiday, followed by 20.8% of those aged 16-24…
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Feb- 2021 -25 FebruaryOnline & Digital
Amazon tops annual list of global retailers with $1.63tn market cap
Amazon has topped the list of the top 25 global retailers with a £1.15bn ($1.63tn) market cap for the year ending 31 January 2020, according to data from TradingPlatforms.com. The online retailer has benefitted from the Covid-19 pandemic as consumers have shifted to buying products and services online. E-commerce site…
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Dec- 2020 -10 DecemberEconomy
Global retail industry deals total $26.98bn in Q3
Total retail industry deals for Q3 2020 worth $26.98bn (£20.2bn) were announced globally, according to the latest figures from GlobalData’s deals database. The value marked an increase of 204.8% over the previous quarter and a rise of 12.3% when compared with the last four-quarter average of $24.02bn (£18bn). In terms…
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Apr- 2020 -21 AprilClothing & Shoes
Clothing and footwear market forecast to decline by £14bn
The UK clothing and footwear is anticipated to plummet in 2020, falling 26.1% versus 2019, a loss of around £14bn according to data analytics company GlobalData. The firm predicts that with clothing stores expected to gradually reopen in June, footfall will remain low as consumers will be “cautious” about visiting…
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14 AprilCoronavirus
Oasis and Warehouse set to call in administrators
Fashion retailers Oasis and Warehouse are reportedly set to appoint administrators, placing around 2,000 jobs at risk. According to Sky News, The Oasis and Warehouse Group, which is owned by Icelandic lender Kaupthing, is set to appoint Deloitte as administrators in the coming days. It comes after a potential sale…
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Mar- 2020 -24 MarchCoronavirus
Covid-19: UK retail spending to fall by £12.6bn
The impact of the coronavirus pandemic will wipe £12.6bn from retail sales this year, according to the latest forecast by GlobalData. The data and analytics company said that the figure was the equivalent of Aldi’s total UK sales last year. The total retail market for 2020 is now expected to…
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Feb- 2020 -17 FebruaryComment
Online vs offline – are physical stores starting to fight back?
More than half of UK consumers are now shopping online, with UK online spend forecasted to increase by 29.6% between 2019 and 2024, according to retail analysts at GlobalData. As a nation, we spend roughly £1 in every £5 online; a figure which has remained relatively steady in recent years. …
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14 FebruarySupermarkets
UK food and grocery market set to be worth £174bn by 2024
The UK food and grocery market is set to grow by 15% between 2019 and 2024 to £174.5bn, according to data and analytics company GlobalData. However, the new research from the company suggests that ‘Big Four’ grocers Tesco, Sainsbury’s, Morrisons and ASDA are set to lose out on a further…
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Dec- 2019 -20 DecemberShopping Centres
Westfield named best shopping centre in the UK
Westfield London and Westfield Stratford has been named the best shopping centres in the UK, for the second year running. According to GlobalData’s Top 50 Shopping Centres Report for 2019, Bluewater in Greenhithe, Kent was ranked in third place, followed by Intu Trafford Centre in Manchester. Intu Lakeside, Sheffield’s Meadowhall…
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