GlobalData Retail

We provide intelligence & insights to #Retail & #Apparel brands, manufacturers, & suppliers so that they can make decisions more quickly & effectively.

[GlobalData Retail @Retail__GD]

GlobalData's Retail team is thrilled to share their latest project in partnership with @FootAnstey, exploring the dynamic realm of brand partnerships. https://t.co/LBqGsz9xnB
Email us here - [email protected] to get in touch.

[GlobalData Retail @Retail__GD]

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>>> https://t.co/m72Q7T8mFB

[GlobalData Retail @Retail__GD]

⚠ Is #retail theft putting the modern store concept under threat? GlobalData explains how #retailers are responding to this modern day threat here: https://t.co/rBQLgR5D2D

[GlobalData Retail @Retail__GD]

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) - https://t.co/i4KMVxp7hs

[GlobalData Retail @Retail__GD]

🛍️ 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:
https://t.co/3ES8M6JYvg
#RetailTech #AIInnovation

[GlobalData Retail @Retail__GD]

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:
https://t.co/WtsEw4Egqh

[GlobalData Retail @Retail__GD]

🚨 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:
https://t.co/fHs6n3XRuu
#Wilko #RetailNews #BusinessInsights #RetailIndustry #AdaptandInnovate

[GlobalData Retail @Retail__GD]

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:
https://t.co/L3nhbOSFJF
#Cybersecurity #RetailIndustry #EmployeeTraining

[GlobalData Retail @Retail__GD]

🔒 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:
https://t.co/Je5ID75dsJ
#CreditCardCompetitionAct #Retailers

[GlobalData Retail @Retail__GD]

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:
https://t.co/UotzORRhcH
#FacialRecognition #PrivacyConcerns #RetailCrime

[GlobalData Retail @Retail__GD]

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:
https://t.co/CYeD92sMNi

[GlobalData Retail @Retail__GD]

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: https://t.co/Upe3VZNtvo

[GlobalData Retail @Retail__GD]

🛒📈 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:
https://t.co/YpSKl7Zj4x
#SupermarketNews #GroceryPrices

[GlobalData Retail @Retail__GD]

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.

[GlobalData Retail @Retail__GD]

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:
https://t.co/7Yllo5UhB5
#PepcoGroup #Poundland #RetailGrowth

[GlobalData Retail @Retail__GD]

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: https://t.co/3KzzngpIgY

[GlobalData Retail @Retail__GD]

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: https://t.co/NNXT0hd5He

[GlobalData Retail @Retail__GD]

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:
https://t.co/o7YCYnMUhh

[GlobalData Retail @Retail__GD]

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:
https://t.co/N1DGzfWD9v

[GlobalData Retail @Retail__GD]

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: https://t.co/xkGVC3xIto