International News

It seems incredible that barely a month ago, retail’s focus continued to be around how to embrace the change being brought about by the digital revolution. And then came COVID-19 which hit China in January and then in a...

An Easter weekend with warm weather forecast would normally be a retailer’s dream but this year the COVID-19 lockdown measures in the UK will severely hinder Easter trading, says GlobalData, a leading data and analytics company. Sofie Willmott, Lead Analyst...

Following the news that Clarks is seeking to close some stores permanently, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view on this news: “Clarks is in a typical midmarket squeeze: like...

Following the news that the UK is raising the cash limit available via contactless payment from £30 to £45, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “This rise in...

Following H&M’s Q1 FY figures for 2019/20, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Present in 74 markets, H&M’s global operation makes the challenge of dealing with COVID-19 all the more harder, ensuring...

Since the UK Government enforced stores to close for the foreseeable future, many non-food retailers hoped that customers would divert spend onto their online channels. However, last week, Next – the UK’s third largest clothing retailer – announced that it...

Following the decision by UK clothing retailer Next to shut its online operations down, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “Next’s decision is likely to reverberate across the retail...

Following the nationwide shutdown mandated by the Chinese government in early February in a bid to contain the COVID-19 outbreak, CapitaLand sales offices across China have reopened progressively in March. CapitaLand’s other business segments in China have also seen a...

Amid the COVID-19 coronavirus outbreak, many countries have advised people to stay home unless their work is essential. Should those in the packaging industry be classed as essential? In the UK, the government has released guidelines to only go outside...

Sustainability was the buzz word of 2019 and would have continued to increase in prominence in 2020. However, the global outbreak of coronavirus (COVID-19) will bring progress to a halt, according to GlobalData, a leading data and analytics company. Emily...

A slow holiday comparable (comp) sales growth coupled with mismanagement of inventories during the fourth quarter (Q4) of 2019 affected sentiments for the US-based retailer, Target, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, found...

The widespread restrictions due to the COVID-19 pandemic changed shopping behaviour dramatically with many people stocking up on hand sanitisers and toilet papers, while shelters across the US are running out of pets to adopt as consumers take comfort...

As Walmart and country continue to deal with the spread of COVID-19, the brand remains focused on the health and safety of the associates. “We continue to follow and communicate the CDC’s recommended guidance on behaviors like washing hands, social...

German sportsgear maker adidas on Wednesday said it had made ‘a mistake’ when it decided not to pay rent on its shuttered shops in April, after the move sparked a widespread outcry. adidas was one of a string of...