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GlobalData

GlobalData Archives

Online spend to change “beyond this pandemic”: GlobalData

Thousands of Australians have been pushed online for the first time during the Covid-19 pandemic, which is beginning to ...

Coles reformatting 200 stores around convenience

Supermarket outlines future growth strategy around ready-made meals.

Asia-Pacific leads global convenience sector

A shift in consumer spending has encouraged sector transformation.

China retail poised to overtake the US

Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses.

Tiffany sees earnings drop due to declining tourist spending

Decreased spending from Chinese tourists weighs on earnings.

Walmart updates guidance after strong quarterly results

Retailer reports a 43 per cent jump in e-commerce.

Tapestry lifts guidance on strong first quarter results

Parent company buying back third brand from local distributor.

Under Armour improves, but “not yet in full recovery mode”

Fitness brand has neither muscle, nor agility.

Amazon lifts quarterly income 1025 per cent

Online marketplace sees income rise to $2.88 billion in Q3.

Sears files for bankruptcy amid struggling sales

The long struggling retailer files for Chapter 11 bankruptcy.

Walmart posts mixed result

The US retailer saw ecommerce sales lift by 40 per cent in Q2.

Michael Kors delivers strong first quarter

Fashion retailer posts better than expected result.

Ivanka Trump fashion label to close down

The emperor's daughter has no clothes.

US chain targets digital growth

Discount department chain enjoys better than expected festive trade.

Athleisure slowdown fails to dent Lululemon

Canadian athleisure company posts increase in sales.

TK Maxx’s first Aussie showing hit by high dollar

Off-price retailer's 'frugal model' records strong local growth, despite currency pressures.