The athleisure trend will reach new heights this year, pushing the UK sports clothing market to £2.5 billion in 2017, up 8% on 2016, according to GlobalData, a recognized leader in providing business information and analytics. The company’s latest report states
Articles in category: Data Time
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Wines labelled with a higher price tag are perceived to taste better than the identical wines marked with a lower price label, a new scientific study has shown. Scientists from the INSEAD Business School and the University of Bonn were investigating
The pressure on UK retailers to be more transparent in their pricing has seen the number of trade promotions fall to their lowest levels for 10 years, and in 2017, shoppers will receive £3.7 billion less in promotional savings. This
The era of the disloyal consumer is upon us; new research from global e-commerce consultancy Salmon has found that brand loyalty is tumbling as consumers prioritise speed, innovation and convenience when they shop. The international study – which surveyed over 6,000 consumers
The grocery retail market in the Philippines is forecast to grow on average 9.3% year-on-year between 2016 and 2021, which will make it the fifth-largest grocery retail market in Asia, according to new data released today by IGD, the international grocery research organisation.
Investment in interconnected “smart” devices is set to rise, a new report exploring the Internet of Things (IoT) suggests. Indeed, the new research from food and grocery research charity IGD shows that 37% of food and grocery companies are already
Over 20% of Brits allow brands to collect personal information to ‘get something in return’, study finds
According to new research commissioned by a leading performance marketing agency in Europe, more than one fifth of Britons polled admit to allowing brands to collect their personal data in exchange for ‘getting something in return’ for sharing the information. Whilst
Retail consultancy Newton’s recent survey reveals that UK consumers are particularly enthusiastic about shopping for their groceries in the discount supermarkets. The research, which surveyed 2,000 UK consumers, found that Brits have a passion for both purchasing and talking about
The UK’s food-to-go sector is in rude health and will be worth £23.5bn by 2022, up from £17.4bn in 2017, according to IGD, as shoppers’ preference for eating on the move shows no signs of slowing down.
Consumer spending grew by 3.5% year-on-year in July, the highest figure since April, as the cost of everyday groceries continued to push up spending in supermarkets. Shoppers reported another month of ‘feeling the squeeze’ of higher inflation and subdued wage
From Batman to Spider-Man, the Avengers to Superman, kids love a superhero – and they love a superhero toy too. New research from The NPD Group reveals the popularity of superhero toys, from caped crusaders to Transformers, Power Rangers and
High street’s ‘digital dinosaurs’ left for dust by new breed, tech-savvy store owners, says Worldpay
From independent florists, to artisanal bakers traditional high-street stalwarts are experiencing a retail renaissance thanks to clever use of technology, claims new data from Worldpay. According to the payments processor, small and independent stores are seeing year on year growth of
Coconut is the ingredient of choice for today’s shoppers looking for inspiration when buying health and beauty products, according to the latest data from IRI, the provider of big data and predictive analytics for FMCG manufacturers and retailers. Figures show 23%
The latest grocery market share figures from Kantar Worldpanel in Ireland, published today for the 12 weeks ending 16 July 2017, show that the market continues to grow despite deepening price deflation. The value of the grocery market rose by
Food to go is one of the fastest growing convenience categories sold by convenience retailers, according to IRI, a provider of big data and predictive analytics to FMCG retailers and manufacturers. Sandwiches, sushi, salads and snacks purchased ‘to go’ grew
With the news that Amazon has entered Southeast Asia with the launch of Amazon Prime Now in Singapore on 27 July, Shirley Zhu, programme director at IGD Singapore, says: “Singapore has affluent consumers with busy lifestyles, a big expat population and
Retailers say success means customer first, but few really understand them, LCP Consulting report shows
Although three quarters of UK retailers (77%) believe the most successful businesses focus on delighting the customer first to drive profitability, only around half this number (39%) are talking to customers to understand their needs. These findings are published today in
The latest frozen food retail statistics have shown that frozen food continues to excel with value growth across almost every category in the 52 weeks to 18 June 2017. The latest statistics, provided by Kantar Worldpanel, value the retail frozen food
Amazon and John Lewis lead the list of the best brands for customer service, a list dominated by retail brands, according to the fourth annual study by service design consultancy Engine. Marks & Spencer, Tesco and Sainsbury’s complete a clean sweep
A new report released today by The Economist Intelligence Unit (The EIU) looks at how the e-commerce sector in Africa is helping to re-shape both the retail sector and consumer shopping habits in the continent. Estimates as to the potential
The continuing hot weather combined with a series of major sporting events led to a surge in alfresco eating which meant the UK’s leading supermarkets saw another impressive jump in sales figures, according to Nielsen retail data released today.
The latest grocery market share figures from Kantar Worldpanel, published today for the 12 weeks ending 16 July 2017, show market growth has exceeded 3% for the fourth consecutive period – the first time since November 2013. Supermarket sales increased
European tax free sales figures show a double-digit growth of 11% in June according to data from Premier Tax Free, the tax free shopping company. This continues a trend which sees year to date gains of almost a fifth (19
Russia (42%), Indonesia (45%), Vietnam (37%), Argentina (38%) and Israel (25%) are surprisingly included in the fastest growing e-commerce markets in terms of percentage growth compared to last year, according to the latest worldwide research by PPRO Group in co-operation
A new survey has revealed that over half of UK micro-businesses (56 per cent) feel the rising cost of energy is threatening their future. The findings, from an independent study commissioned by Britain’s fastest growing independent energy supplier, Utilita Energy.