GlobalData Retail is a retail research and consulting agency providing intelligence and insight on retail markets worldwide. Part of the GlobalData Group.
We will be deactivating this handle on March 14. For more unmissable #data and #Insights please follow our new handle, @Retail__GD today: https://t.co/dTwLlVXaDF
We will be deactivating this handle on March 14. For more unmissable #data and #Insights please follow our new handle, @Retail__GD today: https://t.co/dTwLlVXaDF
GlobalData's Neil Saunders sat down with Chain Store Age to chat all things resale and to talk about our latest reuse report produced with @mercari_app#Resale#Retail@globaldataplc
https://t.co/MaAR8ESABa
Much of retail is struggling with supply chain issues, but the problems will boost the online resale market. Read more about our research with Mercari in this Bloomberg article...
https://t.co/9BKJyEhfo8
Thank you to @wbr777 for sending me some photos of the new Market by Macy's which just opened in Snellville, Georgia - the first of this format in the Atlanta metro. This used to be an Office Depot and is off-mall. There's a Publix and a Target in the shopping center.
In 2020, Americans spent $139.6 billion on secondhand goods. And the market is on course to grow by 14.6% this year. Find out more about the reuse economy in a new report we've worked on with Mercari.
https://t.co/mDDgOyMRJO
The secondhand market is set to grow by 24% this holiday season. As retail grapples with supply chain issues, more consumers are turning to resale for their needs.
Get all the data and insights in the Secondhand Holiday report produced with @mercari_app
https://t.co/jfum2KAkKN
Describing Amazon as a monopoly is intellectually and linguistically fraudulent. Amazon is nowhere near a monopoly. In fact, most of Senator Warren’s arguments about Amazon are completely illogical and stem from her big-government mindset.
Join us on October 20th at 1pm Eastern / 10am Pacific to learn more about loss prevention in retail and how technology is helping retailers stay one step ahead.
Attendance is free. Please register here:
https://t.co/KU0LgbFDU0
Should Macy's spin off its e-commerce business? Absolutely not! Doing so would be the beginning of the end for the iconic retailer. Grateful to Retail Dive's @daphnehowland for including my comments in this piece...
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This report from Deutsche Bank that Walmart+ has 32 million members is laughably inaccurate. I saw some actual numbers a while back (last year) and they were nowhere near this! But, the falsity of the information can be seen from Walmart's own reporting.
https://t.co/x9CrnAnYcS
Another strong set of retail sales numbers today - overall sales up 15.4% over August of last year. In cash terms, this equates to an $83.8 billion increase – the equivalent of every person spending an additional $260 during the month compared to 2020.
Retail predictions came thick and fast in the pandemic, but which will stick around and which will fall by the wayside?
Join us tomorrow (September 8th @ 11am ET / 8am PT / 4pm UK) to hear about what the future holds for retail and shopping!
Register:
https://t.co/QMbve9AABb
Best Buy online sales down 28.1% in the latest quarter. Perfectly understandable because of last year's massive growth - but demonstrates the falsity of the 'online will accelerate indefinitely' and 'all pandemic online gains will stick' narratives.
Wall Street once felt stores were the wrong thing for Target to invest in. Of course, they were absolutely the right thing to invest in! I spoke to the Financial Times about Target’s strategies for growth…
https://t.co/b3fYJATI3E
Biggest criticism … yep, it’s Target’s Achilles’ heel: out of stocks and gaps on the shelves. This has only just opened so maybe they’re still stocking, but with Ulta behind them, there’s really no excuse for all these gaps! #Ulta#Target