Opinion on Department Stores in Europe

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Type Product title / description Pub Price
CommentWire
CommentWire

Merchant Retail: standalone success

Merchant Retail has attributed its 27% pre-tax profit rise to the success of is Perfume Shop chain store. Disappointing results from its department stores means that the group is likely to concentrate on the cosmetics sister to The Perfume Shop that is currently being trialed as well as the further expansion of its Perfume Shop chain.<BR />

Published By Datamonitor
05 Jun 2003
CommentWire
CommentWire

German banking: retailers pose new threat

Karstadt Quelle [KAR], the German department store and mail order company, is expanding its retail banking and insurance operation after a successful year in this sector. German retail banks should be feeling threatened as, with its large customer base, Karstadt Quelle is well positioned to sell high volumes of financial services products.<BR />

Published By Datamonitor
01 Aug 2003
Expert View
Expert View

A tough Christmas beckons for retailers, but the worst may already be over

There is no doubt that 2005 has been a dreadful year on the high street and as the festive season approaches, most retailers are extremely cautious about their prospects. However, while the economic news has been highly discouraging for those retailers awaiting an upturn in their fortunes, according to retail specialists Verdict there may soon be light at the end of the tunnel ...

Published By Datamonitor
20 Oct 2005
Expert View
Expert View

UK retail: cold snap brings hopes of Christmas cheer

John Lewis indicated that sales had surged in the past five weeks, providing hope that Christmas trading may be better than last year. The company's sales last week rose by 5.8 % to GBP62 million against a year ago. While the performance must be encouraging for John Lewis, its rivals must still be hopeful that the Christmas spirit cold weather engenders will drive consumers into the shops.

Published By Datamonitor
22 Nov 2005
Expert View
Expert View

Debenhams: competition may create waves before float

Debenhams is considering a return to the stock market with a price tag of GBP3 billion, with sources suggesting an announcement could come as soon as February. Yet while the department store group continues to defy tough trading conditions, two key threats remain: the maturity of the department store sector and John Lewis' expansion plans.

Published By Datamonitor
28 Nov 2005
CommentWire
CommentWire

UK retail: car-free Oxford Street not just for Christmas?

Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.

Published By Datamonitor
08 Dec 2005
CommentWire
CommentWire

House of Fraser: time running out for sales recovery

Rumours of a potential profit warning from House of Fraser come amid constant speculation over the company's future. As various trading updates have shown over recent weeks, the high street as a whole is experiencing increasingly divergent trading. While John Lewis has reported escalating trading as the weeks pass, House of Fraser, is clearly finding the going that little bit tougher.

Published By Datamonitor
13 Dec 2005
CommentWire
CommentWire

UK retail: bargains drying up for private equity

According to the City law firm Eversheds, the appetite amongst private equity investors for involvement in the retail sector remains healthy, despite the general pessimism over retail sales from most quarters. However in the current low growth environment, the fast-return retail bargains of previous years are becoming increasingly few and far between.

Published By Datamonitor
06 Jan 2006
Expert View
Expert View

BRC figures positive, not indicative of retail recovery

Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.

Published By Datamonitor
10 Jan 2006
CommentWire
CommentWire

House of Fraser: festive respite from troubled trading

House of Fraser has announced strong sales growth over the festive period, outstripping market expectations. However, while the recent growth in like-for-like sales demonstrates a marked turnaround on figures reported earlier in the year, it may not be enough to salvage the group's 2005 performance.

Published By Datamonitor
13 Jan 2006

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