GlobalData Retail

GlobalData's Retail team is thrilled to share their latest project in partnership with @FootAnstey, exploring the dynamic realm of brand partnerships. footanstey.com/sectors/retail… Email us here - joseph.robinson@globaldata.com to get in touch.

A new era for DTC brands beckons with a new rulebook to follow to be successful. To learn more about the current state of DTC and the importance of innovation, download our latest thought leadership paper on 'Futureproofing DTC Strategies' here>>> globaldata.com/custom-solutio…

⚠ Is #retail theft putting the modern store concept under threat? GlobalData explains how #retailers are responding to this modern day threat here: globaldata.com/custom-solutio…

GlobalData's @Matt_Piner Head of Retail Consumer Custom Solutions talks to BBC Radio 4s Today programme about Chinese online fashion brand Shein's interest in buying Fraser Groups Missguided clothing brand. Interview link (Timestamp: 25.40) - bbc.co.uk/sounds/play/m0…

🛍️ AI is reshaping retail with smarter supply chain forecasts, chatbot-driven service, and efficient pricing strategies, ensuring a competitive edge for tomorrow's winners. Read more: eu1.hubs.ly/H04Y8W_0 #RetailTech #AIInnovation

Generative AI is set to explode, reaching a $33 billion market by 2027 with an 80% CAGR, transforming industries like IT, manufacturing, and healthcare. US leads, Brazil & India grow fast, propelling creative content and innovation. Read more: eu1.hubs.ly/H04W2BG0

🚨 Wilko to call in administrators due to fierce competition and price undercutting by rivals, causing long-term damage to its competitive position. Find out more: eu1.hubs.ly/H04RG1b0 #Wilko #RetailNews #BusinessInsights #RetailIndustry #AdaptandInnovate

Investing in employee training is crucial for long-term protection. Only 22% of retailers are training their employees in cybersecurity, leaving businesses vulnerable to cyberattacks. Find more: eu1.hubs.ly/H04QbzL0 #Cybersecurity #RetailIndustry #EmployeeTraining

🔒 Retailers and payment firms face off over the Credit Card Competition Act, with retailers hoping for lower fees while payment networks express concern over potential fraud and rewards impact. Know more: eu1.hubs.ly/H04PlRC0 #CreditCardCompetitionAct #Retailers

UK Home Office faces criticism over a secret plan to lobby privacy regulator for controversial facial recognition technology in retail, raising concerns about bias and privacy violations. Know more: eu1.hubs.ly/H04Nfmf0 #FacialRecognition #PrivacyConcerns #RetailCrime

Walmart faces criticism from customers over its shift to plastic packaging, raising concerns about its commitment to sustainability goals despite prior efforts in eco-friendly initiatives. Find out more: eu1.hubs.ly/H04Lvzd0

Want to stay ahead of the competition? Subscribe to Decoded, our daily round-up of curated news & gold-standard intelligence for your industry. Subscribe today to give your business an edge: eu1.hubs.ly/H04KMrm0

🛒📈 Supermarkets adapting to rising grocery prices! 💸 To tackle food inflation and stay competitive with discounters like Aldi and Lidl, many retailers are introducing member pricing. Find out more: eu1.hubs.ly/H04F3kR0 #SupermarketNews #GroceryPrices

11.3% of consumers stated they have spent significantly less on Father’s Day this year compared to last year, an increase of 4.0ppts. This highlights that as the cost of living remains high, consumers have cut back on non-essential spending.

Pepco Group's overall revenue grew 2.6% in Q2 2023, while Poundland, a part of the group, saw a strong 9.0% revenue growth, driven by consumer spending on FMCG. Find out more: eu1.hubs.ly/H04zz3T0 #PepcoGroup #Poundland #RetailGrowth

New launch! Stay ahead of the competition with a daily round-up of industry news delivered straight to your inbox. Tailor your intelligence by selecting from 20 different industries and areas of interest. Choose yours now: eu1.hubs.ly/H04kyHC0

Explore our latest Apparel market forecasts for 2023 and beyond, alongside the key trends shaping the market, including consumer purchase drivers, resale & rental, sportswear, and instore versus digital initiatives. Register here: eu1.hubs.ly/H04tvty0

Sainsbury's reports 9.8% like-for-like sales increase in Q1, facing scrutiny to pass on price reductions amid investigations into supermarket profiteering. Know more: eu1.hubs.ly/H04rNj90

Asos Sample Sale, a dedicated pop-up website fashion giant aims to clear surplus stock, but Alice Price, Apparel Analyst at GlobalData, warns the launch of Asos Sample Sale could lead to some negative reaction. Find out more: eu1.hubs.ly/H04qfT70

Want to give your business an edge? Subscribe to Decoded, our daily round-up of curated news & gold-standard intelligence specific to your industry. Subscribe today to receive yours tomorrow: eu1.hubs.ly/H04kyzW0