Department stores are losing their relevance
The department store sector is struggling globally, with poor sales, oversupply of space and increasing costs. Their appeal as an…
All articles by GlobalData Retail
GlobalData Retail
-
-
£180m lifeline for Poundland, Harveys and Bensons from US investment firm
The loan will replace funds previously provided by parent company South African retail giant Steinhoff, currently in the midst of…
-
A price war in the convenience sector looms in 2018
2017 was a busy year for food & grocery – we have seen mass consolidation, the continuation of supermarket diversification…
-
Festive food will shore up retail spend this Christmas
UK consumers are set to spend £16.3bn on Christmas this year but with spend increasing just 1.1% – the lowest…
-
Retailers set for a stellar weekend as Christmas rush hits full swing
GlobalData Retail’s research shows more consumers are leaving Christmas shopping to the last minute as fewer have finished their present…
-
WeChat: The platform pushing Chinese tourism
China is the largest outbound tourism market in the world, with international departures from the country growing rapidly. Recognising the…
-
How retail banking can strike back?
Embrace an open model Generally, industries are shifting from hardware towards software and services. This monumental trend is happening across…
-
The multiple struggles of retail banking
Changing from within – the supply side The inherent nature of retail banking makes it extremely difficult to transform over…
-
Garden centres to join the online revolution
Disparate tactics from garden centres to adapt to new channels means some will wither while others bloom. In a similar…
-
Rise in M2M and smartphone subscriptions to boost mobile data revenue in Chile
Chile’s mobile subscription penetration of population will be the third highest in Latin America in 2017, falling just behind Costa…