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GLOBALDATA RETAIL
Every '80s home had a velvet-lined box of silver flatware that never left the sideboard; now those sterling sets are the thrift-store kitchen find designers are hunting forThrift stores are witnessing a surprising surge in demand for vintage silver serving ware, with millennials and Gen Z leading the charge. T...
Every '60s kitchen had a Presto Hot Dogger, and now this single-use appliance is the retro find thrift hunters can't resistThrift stores are seeing a surge in popularity, especially among younger generations. A peculiar find is the Presto Hot Dogger, a 1970s app...
Fresh food demand drives cold chain upgrade in seafood sectorIndia's seafood industry is modernizing its cold chain with AI and IoT to meet rising consumer demand for fresh, natural products. Policy s...
Who’s going to ‘eat’ tariffs? Not US shoppersAmerican shoppers are learning to dodge rising prices from tariffs. Retailers face a tough holiday season as consumers use smart strategies...
US auto sales set to rise in August on Labor Day weekend surge, report showsNew vehicle sales in the U.S. are expected to rise by over 4% in August, aided by the Labor Day weekend, resulting in expected sales of 1,4...
India's ecommerce payments to surge by 23.8% in 2024: GlobalDataGlobalData's E-Commerce Analytics highlights that the value of India's e-commerce market is projected to rise from Rs 12.2 trillion (USD 14...
ICICI Lombard Q1 PAT up at Rs 580 crore on motor, health insurance boostGeneral insurance, especially the motor and health segments, has seen rapid growth in the country in recent years with a rise in vehicle sa...
Hybrid work surges 29 per cent as firms embrace flexibility: ReportHybrid working roles, which enable employees to balance their work hours between the office and their homes, are experiencing a growth as t...
Interested in buying a new pair of jeans? Here's how much you should spend
ONDC can trigger a price war in India’s ecommerce market with growing user base, says GlobalDataWhile ONDC has a significant number of users and daily orders of consumer goods and food deliveries since its launch in 2022, it has a long...
Retail sales flat in September as inflation takes a biteRetail sales were flat last month, down from a revised. 0.4% growth in August, the Commerce Department reported Friday. Retail sales fell 0...
Peloton to cut about 12% of workforce in a move to 'save' companyThe company's latest move to lay off 500 global jobs also marks its final step of restructuring, which began under the watch of Barry McCar...
Amazon to hold holiday shopping event in OctoberAmazon's retail business had slowed down in recent months. And the shopping bonanza signals a recognition that it needs to provide more dea...
Apple's new gadgets show benefits of diversifying supply chains to IndiaThe company's newest smartphone, the iPhone 14, costs $799 for the base model -- the same price as the current version, while a premium iPh...
Amazon shuttering its physical bookstores and four-star shopsAmazon said that the move, which affects 66 stores in the US and two in the United Kingdom, will enable it to concentrate its efforts on Am...
Amazon says bye-bye to physical bookstores, shuts shops to expand grocery chain in the USAmazon opened its first brick-and-mortar bookstore in 2015.
Pandemic crushes global supply chains, workers at both endsCOVID-19 lockdowns have obliterated a retail sector already struggling to survive before the coronavirus hit, which has, in turn, contribut...
Sula Vineyards to cash on Singapore’s new love for home wining and dining amid Covid-19 outbreakRajeev Samant, founder of Sula Vineyards, said, “Singapore is a thriving wine hub. The Singaporean consumer now has the choice of experienc...
Mondelez bets on India to taste $1bn online sales by 2020The digital push comes at a time when health-conscious consumers are cutting back on discretionary spend, forcing chocolate and confectione...
Highway liquor ban: Half the outlets remain shut, industry feels the pinchSpirits cos, which expected most liquor shops and bars to relocate or reopen in a few months, now say the situation may normalise only by n...