Opinion on Department Stores in Europe

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Type Product title / description Pub Price
Expert View
Expert View

John Lewis: a satisfying year for all concerned

John Lewis Partnership has reported a 10% rise in pre-tax profits to GBP251.8 million for the year ended January 28, and each of John Lewis's 64,000 staff will receive a bonus equal to eight weeks' salary. Despite being a year the company described as its most difficult for 15 years, the group has produced a robust result.

Published By Datamonitor
10 Mar 2006
CommentWire
CommentWire

John Lewis: a step ahead of the competition

John Lewis Partnership has performed remarkably well in what remains a challenging retail environment. Both its department stores business and Waitrose reported sales up 11% - well ahead of market growth - and the retailer can be expected to continue its outperformance during its second half of trading and beyond.

Published By Datamonitor
14 Sep 2006
CommentWire
CommentWire

John Lewis: Bluewater site chosen for next foodhall

John Lewis's refurbishment of its Bluewater store will involve the conversion of the basement into new retail space, which will include the chain's first foodhall outside London. With John Lewis Bluewater's sales currently down on last year, the opening of the foodhall next summer could provide a significant boost to trading at the location, which is one of the retailer's larger stores.

Published By Datamonitor
04 Nov 2008
CommentWire
CommentWire

John Lewis: enhances value credentials

John Lewis is seeking to heighten its value credentials by launching a new John Lewis Value range and emphasizing its 'Never Knowingly Undersold' tagline in marketing. Verdict believes that while this is the right strategy in response to the current economic climate and the grocers' market share gains, John Lewis must be careful not to risk diluting its strong brand positioning.

Published By Datamonitor
07 Sep 2009
CommentWire
CommentWire

John Lewis: heavyweight competition gets heavier

John Lewis is planning major expansion for both its Waitrose and department store businesses. With several rivals also expanding, the department store sector is set for a major shake-up in the next few years, and John Lewis' growth will create new challenges for the other leading players.

Published By Datamonitor
19 Feb 2007
CommentWire
CommentWire

John Lewis: high street king feels the strain

John Lewis, last year's shining star and barometer of UK consumer confidence, is feeling the pinch as consumers rein in discretionary spending. While sales of clothing and beauty have been resilient, homewares has taken a sharp knock, and operating profits have tumbled as the retailer campaigns harder on value against a backdrop of rising costs and muted consumer expenditure.

Published By Datamonitor
15 Sep 2008
CommentWire
CommentWire

John Lewis: innovating in the financial services space

John Lewis's first retail savings bond will allow its customers and staff to invest directly in the partnership. Offering an appealing rate paid in cash and partnership vouchers from a trusted brand name, this innovative product will be attractive to investors seeking new options. Such initiatives from retailers will incite further competition and innovation within the financial services market.

Published By Datamonitor
08 Mar 2011
CommentWire
CommentWire

John Lewis: new format development

With its full-line department store pipeline on hold due to developers' problems, John Lewis has looked at alternative options and produced a smaller store format that will sell home and electronic products only. While this strategy will offer growth opportunities and threaten competitors, there is a danger that the retailer may cannibalize its own sales.

Published By Datamonitor
08 May 2009
CommentWire
CommentWire

John Lewis: ringing the changes

Leaving the John Lewis Partnership at a time when it is, arguably, at its strongest ever, outgoing chairman Sir Stuart Hampson has earned himself an enduring legacy in the company's history books. Yet, his departure will no doubt be tinged with a slight sense of sorrow that he will not be involved in many of the exciting developments which are yet to come.

Published By Datamonitor
18 Dec 2006
CommentWire
CommentWire

John Lewis: store opening plans ramped up

Although John Lewis' restructuring program has impacted margins and essentially halted space expansion, the retailer has emerged a stronger business, leaving many fellow 'legacy' retailers looking out-of-date and tired. Now, with its existing store estate refreshed and up-to-date, the department store operator is absolutely right to put space development firmly back on the agenda.

Published By Datamonitor
08 Nov 2006

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