Opinion on Department Stores in Europe

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Type Product title / description Pub Price
Expert View
Expert View

Debenhams: float or sink?

UK department store chain Debenhams' IPO is being met with a high degree of skepticism from the City, press and commentators alike. Debenhams' management has made it a much more efficient organization, but there are reservations around its growth prospects while both its store environments and web site needs work.

Published By Datamonitor
28 Apr 2006
CommentWire
CommentWire

House of Fraser: sheltering Baugur brands

House of Fraser has confirmed that it received a 'very preliminary' approach from a potential bidder, understood to be Baugur. The suggestion has been made that Baugur's interest in House of Fraser is being led by its other retail investments in the UK - namely those businesses that have concessions in department stores.

Published By Datamonitor
04 May 2006
CommentWire
CommentWire

KarstadtQuelle: tough times in German retail

KarstadtQuelle has reported a 4% sales decline to E3.3 billion between January and March 2006, attributed to its struggling mail-order business and a late Easter. The figures reflect Germany's continued lackluster consumer spending and despite improvements from 2004 when the company almost collapsed, the group still has a long way to go.

Published By Datamonitor
09 May 2006
CommentWire
CommentWire

Karstadt Kompakt: moving forwards despite difficult start

Karstadt Kompakt was part of KarstadtQuelle until last summer, when the struggling German retailer sold the division to Dawnay, Day Group and Hilco. Despite losing chief executive Harald Folkel, the divestment has benefited both businesses and the new owners are well qualified to move the chain forward.

Published By Datamonitor
31 May 2006
CommentWire
CommentWire

UK workforce: rise in employment of over 50s in the retail sector

The Employers Forum on Age, which represents 245 companies across the UK, says a growing number of older people are coming out of retirement and entering the workforce. A new law being introduced in October bans discrimination on age. This not only has the potential to extend our working live and changes the future of retirement, it also challenges employers on how to manage their workforce.

Published By Datamonitor
14 Jun 2006
CommentWire
CommentWire

PPR: Printemps sale could trigger UK interest

There is speculation in the French press that PPR wants to offload its department store division and concentrate on its luxury business, which includes Gucci and Yves Saint Laurent. However with the department store sector struggling across Europe, there are serious questions to be asked about who would wish to buy it.

Published By Datamonitor
15 Jun 2006
CommentWire
CommentWire

Woolworths: tricky times ahead as sales slide

The World Cup has led to many retailers suffering a blow as consumers stay indoors to watch matches as opposed to hitting the high street. However the football tournament also serves as a convenient excuse for retailers needing to explain weak trading figures.

Published By Datamonitor
16 Jun 2006
CommentWire
CommentWire

Beales: signs of improvement in difficult times

The struggling retailer has released an encouraging set of half year results, with profits up 86.6%, in a challenging retail market. The introduction of a new buying team should enable Beales to develop ranges that distinguish it from competitors and appeal to its target customers, driving sales up further.

Published By Datamonitor
27 Jun 2006
CommentWire
CommentWire

John Lewis: 21st century retailing

John Lewis has managed to be one step ahead of the competition. The retailer spotted the potential for online retailing and even the dot.com bubble bursting could not deter it from its plans. Finally its investment is paying off, making it an even stronger competitor in the department store market.

Published By Datamonitor
17 Jul 2006
CommentWire
CommentWire

Debenhams: fast track expansion

Since it went public in May, Debenhams has been under pressure from shareholders to demonstrate how it was going to achieve its ambitious growth plans without cannibalizing its own sales and diluting sales densities. This rumored acquisition would solve both these issues.

Published By Datamonitor
27 Jul 2006

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