Opinion on Electricals and Electronics in North America

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Type Product title / description Pub Price
Expert View
Expert View

Tesco: losing share but riding high

Tesco is comfortably riding out the challenging trading conditions facing UK retailing, recording pre-tax profits of GBP2.95 billion for the 52 weeks to February 28. Although exposure to non-food and the impact of its Discounter brand have dented sales growth, the supermarket's international credentials and ability to diversify into new markets will see it continue to prove a formidable retailer.

Published By Datamonitor
21 Apr 2009
Expert View
Expert View

Sears Holdings: predicting weak Q2 results

Sears Holdings has forecast a decline in second quarter sales and profits. Kmart and Sears stores, the group's domestic divisions, produced negative like-for-like sales for the quarter ended August 4, 2007. The group also expects net income for the quarter will fall short of forecasts and be considerably lower than 2006. Going forward, Sears faces challenges growing both topline sales and profit.

Published By Datamonitor
15 Aug 2007
Expert View
Expert View

Retail locations: out-of-town remains the prime location for retail growth

Over the last 10 years, out-of-town has consistently outperformed both town center and neighborhood, with average annual growth of 2.5% between 2004 and 2009, compared with 1.4% for neighborhood and 0.2% in town centers. Verdict expects out-of-town to continue to outperform due to food & grocery reliance, its relevance as a click & collect point, and the entrance of new retailers to the sector.

Published By Datamonitor
25 Nov 2010
CommentWire
CommentWire

PPR: outstanding 2007 performance

French group PPR achieved strong growth in 2007; overall revenues grew by 16.1% to E19.8 billion, or 7% on a like-for-like basis. As the group's 2007 operations were impacted upon by the acquisition and integration of Puma, it is clear that the company has not taken its eyes off the ball. Although PPR's future outlook is broadly positive, worries remain about Conforama and Redcats.

Published By Datamonitor
27 Feb 2008
Expert View
Expert View

Kesa: three-pronged strategy may drive future growth

Kesa Electricals' trading update on its full year to April 30, 2009 reveals that like-for-like sales across its electricals business fell by 6.2%. Total sales increased by 9.8% but, over the same period, profit declined by 45.5%. In a bid to reverse this trend, the group has revealed more details of its three-pronged plan to re-shape its portfolio.

Published By Datamonitor
25 Jun 2009
CommentWire
CommentWire

HRG: spreading the risk

The benefits of a multi-channel, multi-fascia retail business were shown when the UK's HRG reported contrasting fortunes for its two retail brands, Homebase and Argos, over the last quarter. While there is a certain amount of crossover between the two businesses, each one's different focus helps insulate the group from poorly performing markets.

Published By Datamonitor
13 Sep 2007
CommentWire
CommentWire

Gateway: challenging opportunity knocks

Gateway is planning to release no less than 50 new and "branded" PC, server, network and consumer electronics products in a strategy to reverse its fortunes and return to profitability. However, Gateway still has structural issues to contend with, and its new marketing aims are likely to prove a challenge.

Published By Datamonitor
12 May 2003
CommentWire
CommentWire

Circuit City: profit warning

Weakening sales of flat-panel TVs in April caused US electronics retailer Circuit City to warn of a first-quarter loss and abandon its first half forecast. The announcement highlights the intensely competitive nature of the cut throat US electricals market and should alert Europe's leading electricals specialists to challenges that they may face.

Published By Datamonitor
03 May 2007
CommentWire
CommentWire

Carrefour: beauty contest with Tesco

Published By Datamonitor
07 Dec 2000
Expert View
Expert View

Can increased prices save US electricals stores?

In an effort to maintain brand perception and boost electricals specialists, a number of electricals manufacturers are to enforce a unilateral pricing policy in the US, whereby online retailers will have to charge the same minimum prices as bricks and mortar retailers. However, in a delicate economy, price rises are unlikely to be accepted warmly.

Published By Datamonitor
04 Apr 2012

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