GlobalData

The COVID-19 pandemic has acted to further galvanise consumers in demanding more responsible products and fashion firms already have the necessary tools at hand, writes GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent for GlobalData, comments: “The pandemic has...

The Walt Disney Company’s recent hiring trend shows a shift to Dinsey+, its video-on-demand streaming services and retail Disney Stores to offset the impact of COVID-19 on its theme park business. Hiring remains strong in the media networks and...

Mobile wallet adoption is gradually displacing traditional payments such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis and as a result mobile wallet transaction is expected to surpass Rs 100...

By the end of 2020, unemployment rates in working capitals are expected to more than triple due to the effects of COVID-19. This has subsequently affected behavior for the ‘bargain hunters’ consumer group as they are most affected by...

South Korea is one of the most developed e-commerce markets globally. The ongoing COVID-19 pandemic and the subsequent lockdown and social distancing measures undertaken by government have further accelerated e-commerce sales in the country, according to GlobalData, a leading...

Despite the exponential growth of e-commerce and digital retail stores, India’s retail sector is still mostly unorganized, particularly in non-metropolitan areas. During the government-imposed lockdown due to COVID-19 pandemic, organized retailers of non-essential goods registered steep losses. However, technology...

The COVID-19 pandemic has caused a fundamental shift in the way customers make their retail payments, particularly in the emerging economies like India. Though customers were slowly marching towards digital payments over the past few years, the COVID-19 crisis...

Australia’s e-commerce market has been on a growth curve during the past few years and the recent COVID-19 outbreak has further accelerated this trend. The country’s e-commerce market is forecast to grow at a compound annual growth rate (CAGR)...

A new report titled 'Multichannel Retail and COVID-19' by GlobalData, finds that shopping habits in the US and Europe shifted dramatically because of disruption caused by the pandemic, driving rapid adoption and growth in buy online, pick up in-store...

Rapid globalization and urbanization have been the most prominent growth drivers of retail for decades now. In 2019, world trade to GDP ratio crossed 60 percent, and the global urban population crossed 4 billion with the retail industry in...