Tag: retail

Retail

Coronavirus to take £12.6bn out of UK retail

Coronavirus to take £12.6bn out of UK retail The impact of coronavirus (COVID-19) will wipe £12.6bn from retail sales this year, according to preliminary forecasts by GlobalData, a leading data and analytics company. This is equivalent to more than Aldi’s total UK sales last year. Patrick O’Brien, UK Retail Research Director at GlobalData, comments: “While the food and grocery market will grow at 7.1% – the fastest rate for decades – this will

corona

February US retail imports to see larger drop amid coronavirus

With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major US retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “February is historically a slow month for imports because of Lunar New Year and the lull between retailers’ holiday season and summer, but this is

corona virus

Coronavirus will hit airport retail worldwide, says GlobalData

Global airport retail sales are forecast to reach US$48.2bn in 2020, up 6.1% on 2019, according to GlobalData, a data and analytics company. However, the escalation of the severity of coronavirus could now have a detrimental impact on airport passenger numbers – causing concern for airport operators and retailers. Honor Strachan, Principal Analyst at GlobalData comments: “The prevention of travel for Chinese consumers will impact the performance of airport retail

busy road

7 things to plan in September to get Christmas right in grocery retail

Ian Hall, COO, Atheon Analytics shares pragmatic, real-world and data-driven advice to help prevent grocery retailers and suppliers from making avoidable mistakes and missed sales at Christmas. You don’t have to be a retail expert to foresee an uplift in turkeys, alcohol, and mince pies through December, but in reality almost all products see a dramatic increase leading up to Christmas – simply put, people buy more of (almost) everything. The week

Brexit

Boris must curtail no-deal Brexit rhetoric to reassure retailers

Following the upcoming appointment of Boris Johnson as Prime Minister this afternoon, Thomas Brereton, Retail Analyst for GlobalData, a data and analytics company, offers his view: “The most pressing issue for retailers remains clarification on Brexit, both in terms of timing and the nature of the withdrawal. But numerous retailers – particularly the supermarkets – have expressed concerns over an October deadline, anxious about the potential increased pressure to supply

5 things e-commerce retailers should look for when choosing an online Inventory Management System

In order to perform online efficiently as an Internet retailer, one needs to choose the most effective inventory management system. Its main features should include centralised user interface, full automation, automated stock checking and others. E-commerce is the buying and selling of goods over the Internet, and market research experts such as Euromonitor believe that it will make up 14% of all global shopping sales made by 2021. From the online

Philip Hall named as Managing Director of CommerceHub European Operations

30-year retail industry veteran will lead the company’s expansion across Europe CommerceHub, a distributed commerce network for retailers and brands, announced Philip Hall as the new Managing Director for the company’s European operations. Philip has spent more than 30 years in the retail industry helping retailers and brands use technology to provide exceptional customer experiences.Hall has extensive experience in supply chain and category management. His work with many of Europe’s

Online delivery experts, ParcelHero, comment on the Morrisons Amazon deal

Online delivery experts ParcelHero says Amazon’s new tie-up with Morrisons reveals the web retailers’ ambition to be the pipe through which everything is delivered. The new deal Amazon has struck with Morrisons means a significant boost for Amazon’s Prime Now and Pantry services. And delivery experts ParcelHero say it is a cog in Amazon’s far wider plan to win customer loyalty through its Prime service. Says ParcelHero’s Head of Consumer

User demand for space saving storage solutions drives another year of growth for Narrow Aisle

Narrow Aisle Ltd, manufacturer of the Flexi range of articulated forklift trucks and other intralogistics solutions, has announced that global sales of its products reached an all-time high in 2015. “The increase in volume sales that we experienced in 2015 fully justifies the investment that we made in the development of our UK production site in 2014,” says the company’s founder and Managing Director, Peter Wooldridge. We extended our UK

fashion

Womenswear label to launch new collection in 2016 supported by Freight Brokers

Women’s fashion label Paloma Blue is to launch a new collection next month as the holiday brand focuses on international growth after a successful first year, supported by international courier broker Freight Brokers. The brand recently began selling its merchandise with online retail giant NET-A-PORTER and works with dozens of boutiques and stores across Europe, North America, the Caribbean, and the Middle East. Founder Ariana Stein launched the brand at