Opinion on By Multi-Channel

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Type Product title / description Pub Price
CommentWire
CommentWire

Yoox: e-retail competition will be fierce in China

Italian e-retailer Yoox has announced plans to launch dedicated online shops for China, in order to tap into a rapidly growing luxury market and to reduce its dependence on Europe. The Chinese market is enticing due to rising affluence and increasing internet penetration. However, China already has several established e-retailers, necessitating a shrewd, competitive approach from Yoox.

Published By Datamonitor
02 Dec 2010
CommentWire
CommentWire

Wrapit: wrapped up

Wrapit, the online wedding list company, has called in the administrators following the decision of its bank, HSBC, to withdraw its credit card processing facility. Despite angry allegations from the company's former directors, the bank claimed that it had no other options for a business that has made a loss for the past six years and has failed to attract a venture capitalist rescue bid.

Published By Datamonitor
07 Aug 2008
CommentWire
CommentWire

Woolworths: soldiering on

UK retailer Woolworths has announced a marginal fall in like-for-like sales in its retail division for the 38 weeks to October 27. While its retail business faces a tough future, its wholesale business has been going from strength to strength, posting growth of 61.9%, helped by a number of acquisitions.

Published By Datamonitor
01 Nov 2007
CommentWire
CommentWire

Woolworths: online is the future

Following Tesco and Asda's recent announcements that they are to stop stocking CD singles, Woolworths has revealed that it will also stop selling CD singles in its remaining 400 stores that stock them. The retailer's announcement not only signifies another nail in the coffin of the physical single, but also another escalation in an increasingly fierce digital-download market.

Published By Datamonitor
27 May 2008
Expert View
Expert View

Woolworths: back to basics

Woolworths' new CEO, Steve Johnson, has outlined a strategy for turning the ailing retailer's fortunes around by focusing on the customer, store disciplines, product availability and value perceptions, while also simplifying the business. While these initiatives are essential to put the business on a stable footing, they may only prolong Woolworths' survival, rather than ensure its future.

Published By Datamonitor
17 Sep 2008
Expert View
Expert View

Woolworths faces fundamental challenges despite return to profit

After disastrous results a year ago, it was imperative that Woolworths returned its core retail business to profit. However, while Woolworths met this target; it did so by the narrowest of margins. Looking ahead, there is considerable scope for Woolworths to improve margins further, although turnover is set to shrink as the retailer downsizes and relocates stores.

Published By Datamonitor
02 Apr 2008
CommentWire
CommentWire

Wilkinson: good value for money

Wilkinson's results continue the trend of positive announcements from value-led retailers, with the economic downturn fostering an increased frugality among consumers. The demise of Woolworths has also presented a number of opportunities for general merchandisers, with the growing plethora of high street-based value-led propositions very much emerging as winners during the recession.

Published By Datamonitor
04 Sep 2009
Expert View
Expert View

Why omnichannel cannot save the high street

An omnichannel approach is essential for retail chains, but click & collect will not stop the online channel's squeeze on the high street.

Published By Datamonitor
04 Apr 2013
Expert View
Expert View

Waitrose must develop a more active online strategy

Waitrose managing director Mark Price has taken a pragmatic prudent approach to online, but the retailer can't rest as online grocery rival Ocado continues to expand. While Waitrose continues to put its existing customers at the heart of everything it does, it needs to become more active in order to protect itself from becoming over-reliant on Ocado.

Published By Datamonitor
03 Jul 2013
CommentWire
CommentWire

Visa: Australians choosing safer option?

Visa Australia has announced that debit card uptake in Australia rose significantly in the last quarter of 2005 and online spending boomed. Visa expects this trend to continue into the near future, and these latest statistics may be an indication of Australian consumers becoming more aware of the problems of credit card debt.

Published By Datamonitor
31 Mar 2006

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