Loyalty comes up against price as Boots switches the focus of its Advantage card
As the cost-of-living crisis continues and inflation rises, value for money and price have become increasingly important to consumers. GlobalData’s…
01 Mar 2023
Can the furniture market withstand further inflationary pressures in 2023?
Despite brittle consumer confidence in 2022 as the cost-of-living crisis took hold, homewares and furniture retailers released positive trading updates to close the year. Several retailers posted strong results in…
22 Feb 2023
Where does our Valentine’s Day chocolate come from?
Approximately 36 million heart-shaped boxes of chocolate are sold for Valentine’s Day in the US, says a Balancing Everything consumer insight, while the global chocolate produced accounted for 7.8 billion…
07 Feb 2023
What went wrong for Argos in Ireland
Owned by Sainsbury’s but without the presence of the supermarket in Ireland, Argos Ireland has lost revenue over the last seven consecutive years as a standalone entity. The general merchandiser…
07 Feb 2023
Four key reasons Christmas 2022 exceeded expectations but 2023 looks bleak
Last year was plagued with economic gloom and in 2022, 54.6% of UK Christmas shoppers felt worse off than last year financially. But despite the morose sentiment, the majority of…
03 Feb 2023
Amazon UK sales growth sinks to lowest ever level
The idea that Amazon’s rise in the UK would continue unchecked has suffered a blow, as it announced its first ever fall in revenue, to $30.1bn in 2022, from $31.9bn…
30 Jan 2023
Mantra launches vegan-friendly prawn crackers in Thailand
Mantra, a plant-based snack food brand based in Thailand, launched vegan prawn crackers to capitalise on the rising demand for vegan-friendly options as consumers shift away from meat-based diets. Consumer…