International News

In 2020, retailers who innovated to keep up with the changing consumer behavior reaped bigger than those that did not. According to the research data analyzed and published by Comprar Acciones, retailers offering buy-online-pickup-in-store (BOPIS) options increased their digital revenue by...

Japan is one of the most developed e-commerce markets globally and ranks second in Asia, only behind China. The market has registered sustainable growth over the last five years supported by high mobile and online penetration and increasing consumer...

Following the release of Fast Retailing figures for Q1 FY2020/21; Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: "Fast Retailing’s strong reliance on Asia has allowed it to eFast Retailingxperience an impressive rebound in sales during...

Fossil Group launched its new Virtual Watch Try-On experience across several brand channels including Fossil.com and Watch Station. Expanding on its existing partnership with Tangiblee, the Fossil team rolled-out a web-based, markerless augmented reality feature for watches - a feature that does not require users to...

Tesco announced record sales over Christmas, reporting that in 2020, the sales of vegan Christmas alternatives surged, with the retailer’s largest-ever plant-based festive ranges showing significant increases in interest. This is in line with GlobalData’s research which shows that...

Following the release of Primark figures for the 16 weeks ending 2 January 2021; Gemma Boothroyd, Associate Retail Analyst at GlobalData, a leading data and analytics company, comments: “With 76% of Primark’s global retail fleet currently shuttered in response to COVID-19...

US retail sales dropped by 0.7 per cent in December, marking the third monthly decline in a row, as the country struggles to cope with the unabated Covid-19 surge, the Commerce Department reported. Excluding motor vehicles, parts and gasoline stations, retail sales fell by 2.1 per...

Following the news that Marks & Spencer has bought Jaeger out of administration: Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Though M&S is not expected to retain any of Jaeger’s...

Indonesia is a promising e-commerce market in Asia-Pacific, with several local and global players competing in the market. Rising Internet penetration, increasing digitalization and the proliferation of websites have been driving e-commerce growth. The COVID-19 pandemic has further accelerated...

Despite the challenges of the pandemic, holiday sales in the US beat expectations thanks to a spike in online sales. According to the research data analyzed and published by Finaria, retail sales grew by 3% during the period, against an expected...

Architecture and design collaborative Bergmeyer released its 2020 Future of Shopping Trend Report. Bergmeyer’s retail design experts conducted a nationwide survey focused on identifying consumer’s sentiments on shopping, structuring the survey to first understand pre-COVID shopping behavior through a series of closed and open-ended questions,...

The Asia-Pacific (APAC) confectionery sector is the second fastest growing globally that is expected to reach US$54.1bn in 2024, growing at a value compound annual growth rate (CAGR) of 3.5% during 2019-2024. Rising disposable income and health consciousness among...

South Korean retail investors have loaded up on shares in top-cap Samsung Electronics this year, reaping a huge return on their investments, data showed on Monday. Local individual investors had bought a net 14.7 trillion won (US$13.3 billion) worth of...

Retail sales in the US rose three per cent during this year's expanded holiday season, running from October 11 through December 24, while online sales in the country grew 49 per cent as compared to 2019, said a report...