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Expert View
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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
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17 Sep 2008 |
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CommentWire
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Among the plethora of statistics given to analysts by N Brown executives at its trading announcement was the staggering growth of its mobile traffic. It has risen to 14% from 4% of all e-commerce traffic, and the retailer now expects this to rise to 22% by the end of 2012. These mobile customers are not just browsing either, as N Brown is making sales of GBP1m a week from m-commerce.
Published By Datamonitor
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02 May 2012 |
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CommentWire
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UK supermarket chain Tesco has launched the second edition of its non-food catalog Tesco Direct and, with more than 1000 pages, it takes the non-food battle to new heights. Despite the logistical challenges ahead, the much enlarged catalog will undoubtedly help reinforce the retailer's non-food credentials.
Published By Datamonitor
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20 Mar 2007 |
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CommentWire
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Bold moves such as the non-food home shopping launch has enabled Tesco to build market leading positions both on UK soil and abroad. With the launch of Tesco Direct, the retailer is well on its way to achieving its goal as the number one destination in non-food as well as in food.
Published By Datamonitor
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31 Aug 2006 |
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CommentWire
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On the back of continued strong growth through its online channel, Shop Direct Group has seen its sales increase by 2.6% and EBITDA grow by an impressive 130% to GBP60.9m. With the group's turnaround strategy yet to be completed and its recently acquired Empire Stores business contributing to next year's sales, the future looks positive for the group.
Published By Datamonitor
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12 Nov 2008 |
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CommentWire
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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
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27 Feb 2008 |
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CommentWire
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With sales of E20.2 billion, 2008 looks like the last good year before the global crisis starts to affect sales at French giant PPR. Electricals and furniture sales have already been impacted by the slowdown in mature markets, and luxury will not prove immune to the downturn. As a result, PPR is positioning itself to survive difficult conditions in 2009.
Published By Datamonitor
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23 Feb 2009 |
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Expert View
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N Brown has had a fantastic year. Online sales were up 43% in its latest trading update and underlying home shopping sales were up 10.8%. Its niche clothing positioning has served it well so far, and it should look to expand this internationally as soon possible, rather than focusing solely on increasing UK sales.
Published By Datamonitor
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26 Jan 2007 |
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Expert View
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Mail order retailer N Brown reported its online sales rose 70% to GBP74 million for 2005, and has signaled greater emphasis on online retail this year. N Brown's success is built on increased demand for remote shopping and its targeting of niche customer segments that do not have as much high street choice.
Published By Datamonitor
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10 May 2006 |
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CommentWire
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N Brown's acquisition of catalog clothing retailer Gray and Osbourn is in line with the group's strategy to expand the number of brands it operates in the upmarket midlife ABC1 demographic group. Mail order retailers faced with tough retail conditions must invest in better products to diversify their portfolios and drive up sales.
Published By Datamonitor
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06 Jul 2006 |
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