Tag "GlobalData"

Customer Loyalty Schemes Key To Success For Retailers, GlobalData Says

Loyalty schemes offered by retailers could hold the key to success for FMCG retailers, according to data and analytics firm GlobalData. Consumers are increasingly taking advantage of loyalty schemes, particularly...

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Forrester predicts a new online boom

Forrester anticipates significant growth in online retail spending in the largest European countries in the coming years. The American research firm expects an average annual growth of 9.2 percent. Forrester...

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Inflation hampers global alcohol spend in Q3

More than 50% of those who have cut back on their grocery shopping say they have cut out alcohol altogether in the last three months. Over half of those cutting...

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European ecommerce to grow 9% annually

The European ecommerce market is expected to reach 1.5 trillion dollar by 2027, according to GlobalData in a new research report. This translates to an average annual growth rate of...

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Taurine ‘may slow ageing process’

Taurine – a commonly found ingredient in energy drinks and food supplements – could be the secret to a long and healthy life. At least, that’s according to a study that...

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Proposed tax hike threatens success of alcohol-free beer in Thailand

A proposed tax hike on alcohol-free beer in Thailand could “clip the wings” of this niche category “even before it takes off”, analytics and consulting firm GlobalData has said. Several...

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Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022, reveals GlobalData

Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers* achieved a remarkable year-on-year (YoY) revenue growth of...

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Are health and wellness subscriptions the next frontier for grocers?

Hy-Vee and Amazon have recently ventured into memberships that bundle wellness services, and sources say other grocers will likely follow suit. Last week, Hy-Vee unveiled a health and wellness subscription...

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TikTok Tops For Social Media-Based Shopping, Study Finds

Livestream shopping on social media has gained popularity since the COVID-19 pandemic, blending engaging content with an option to purchase products, and indeed many analysts are predicting that ‘social commerce’...

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San Benedetto is still the No.1 non-alcoholic beverage in Italy

For the sixth year in a row, Acqua Minerale San Benedetto is the biggest player in the Italian non-alcoholic drink market. Fully Italian-owned company San Benedetto had a 16.3-percent market...

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