The global retail industry experienced a 49% drop in company filings mentions of cybersecurity in Q4 2023 compared with the previous quarter, with the highest share accounted for by Amazon with 22% year-on-year increase, according to GlobalData’s analysis of over 108 retail company filings. GlobalData’s Retail: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the retail industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, cybersecurity was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of customer loyalty and niche tourism, according to GlobalData.
Of the top leading companies in the retail industry, Amazon had the greatest increase in references for cybersecurity in Q4 2023, compared with the previous quarter. GlobalData identified 11 cybersecurity-related sentences in the company's filings - 1% of all sentences - and an increase of 22% in Q4 2023 compared with Q4 2022. Walgreens Boots Alliance’s mentions of cybersecurity dropped by 10% to 9 and Lululemon Athletica’s by 33% to 6 and Metro’s by 14% to 6.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q4 2023 was 108.
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For further understanding of GlobalData's Retail: Filings Trends & Signals Q4 2023, buy the report here.
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