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CommentWire
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Online retailer Amazon has reported a net income of $22 million against $52 million in the same quarter last year. But, despite this blip in profits the retailer has increased sales, diversified its product offer to capture a wider audience, and has invested heavily in technology to maintain an advantage through innovation.
Published By Datamonitor
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26 Jul 2006 |
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Expert View
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By the end of 2006, Tesco will not only be UK's biggest food retailer, it will also claim the crown as UK's largest non-food retailer. According to Verdict Research, Tesco will increase the pace of its non-food sales growth in 2006, thrusting it ahead of former non-food king ARG, owner of Argos and Homebase.
Published By Datamonitor
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09 Aug 2006 |
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CommentWire
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US music & video retailer Tower Records has filed for Chapter 11 bankruptcy protection for the second time in two years. MTS, the owner of Tower Records, has estimated debts of $89 million and continued competition from grocers and the internet makes the chain's future look bleak.
Published By Datamonitor
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22 Aug 2006 |
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Expert View
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US bookstore chain Borders reported a net loss of $18.4 million for the second quarter ended July 29. Although the disappointing result reflects tough conditions in the retailer's domestic market, Borders inadequate response to competitive pressures is also a contributory factor.
Published By Datamonitor
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24 Aug 2006 |
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CommentWire
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Smiths News and new WH Smith shares will both commence trading on Friday, September 1, following the decision to separate the two businesses. As an independent entity Smiths News will be better able to win new business from retailers, although the demerger will have little impact on WH Smith's retail activities.
Published By Datamonitor
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30 Aug 2006 |
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CommentWire
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Game, as the UK consoles and computer games market leader, is well positioned to benefit from the current buoyancy in the sector. Despite tough trading and weak profitability in 2005, the retailer continued to open new stores in preparation for an improvement in the market. Now this is finally happening, Game is reaping the rewards.
Published By Datamonitor
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26 Sep 2006 |
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CommentWire
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In its first set of results since demerging its news and distribution arm, WH Smith has reported profits up by almost a third in the year to August 31, despite sales slipping from GBP1.41 billion to GBP1.34 billion over the period. While the company deserves credit for delivering a substantial improvement in gross and operating margins, it still needs to prove that it can restore sales growth.
Published By Datamonitor
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12 Oct 2006 |
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CommentWire
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Like-for-like sales at Clinton Cards' eponymous card stores fell 3.3% over the year as the company blamed an increase in competition from the high street and supermarkets. Although the Clinton Cards is still recovering from its acquisition of Birthdays two years ago, the drop in like-for-like sales suggests the retailer needs to look at its positioning and retail format.
Published By Datamonitor
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18 Oct 2006 |
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CommentWire
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Dixons is to expand its product range from 10,000 items to more than a million as it launches an entertainment range, selling CDs, DVDs, games and books. The move could prove a compelling proposition despite intensifying competition in the entertainment market, which is learning to cope with price deflation, legal downloading and weaker demand.
Published By Datamonitor
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14 Nov 2006 |
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Expert View
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A new report published this week by retail analysts Verdict Research, part of the Datamonitor Group, reveals that following two years of declining sales, the music and video retail market is set for a much needed boost as increasingly tech-savvy consumers really start to adopt digital downloading and as price deflation starts to ease.
Published By Datamonitor
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30 Nov 2006 |
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Ovum's research addresses the commercial impact of technology and market changes in telecoms, software and IT services.
Ovum's research addresses the commercial impact of technology and market changes in telecoms, software and IT services.
Ovum's research addresses the commercial impact of technology and market changes in telecoms, software and IT services.
Ovum's research addresses the commercial impact of technology and market changes in telecoms, software and IT services.
Ovum's research addresses the commercial impact of technology and market changes in telecoms, software and IT services.
Reports and briefs contain analyst driven analysis and opinion covering a specific market or issue.
Opinion and market commentary from Datamonitor's industry experts.
Insight for technology vendors into customer trends and pain points from key business decision makers.
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