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Expert View
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There is no doubt that 2005 has been a dreadful year on the high street and as the festive season approaches, most retailers are extremely cautious about their prospects. However, while the economic news has been highly discouraging for those retailers awaiting an upturn in their fortunes, according to retail specialists Verdict there may soon be light at the end of the tunnel ...
Published By Datamonitor
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20 Oct 2005 |
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CommentWire
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Asda is set to embark on another round of price-cutting in 2006 as chief executive Andy Bond looks to win back business from rivals and increase the company's market share. However, the Wal-Mart owned retailer will need to be creative and focus on rolling out the right new formats if it is to overtake Tesco.
Published By Datamonitor
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14 Dec 2005 |
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CommentWire
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Any move from Asda will be an important catalyst in the race to land Somerfield. The Wal-Mart [WMT] owned group could well see its acquisition target as an important route into the ever-expanding convenience and non-food sectors as it develops a strategy to counteract Tesco's [TSCO.L] growing dominance of the UK retail landscape.
Published By Datamonitor
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26 Apr 2005 |
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CommentWire
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Baugur's revelation of its 7% stake in Woolworths has fueled speculation of a takeover. Both the value and traded volume of Woolworths shares have been high, amid speculation that the chain had possibly attracted Asda's attention. The size of Baugur's stake in the company is likely to catch the City off guard, and will convince many interested parties that Woolworths is now effectively in play.
Published By Datamonitor
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09 Feb 2006 |
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CommentWire
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After buoyant Christmas trading, specialist outdoor retailer Blacks is setting itself an ambitious new year resolution: to increase its market share from around 20% to 30%. The target is bold but achievable in the outdoor leisure market, although the going will be tougher for the fashion-led boardwear business.
Published By Datamonitor
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24 Jan 2006 |
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CommentWire
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Brandon Hire has said that a number of bidders have come forward since its announcement of a management buyout. Although chief executive Charles Skinner would not be drawn on the identity of potential bidders, it is thought that rivals Speedy Hire are leading the field. As a relatively small player, Brandon has considerable scope for expansion, particularly in the household arena.
Published By Datamonitor
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07 Mar 2006 |
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Expert View
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Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.
Published By Datamonitor
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10 Jan 2006 |
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Expert View
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Fears that the private equity bubble could burst heightened after 95% of the industry's key practitioners warned in a survey that the quantity of debt being used to finance leveraged buyouts had reached "dangerous and unsustainable levels". As the retail sector continues to slow, investors must look to long-term value rather than short-term returns.
Published By Datamonitor
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13 Dec 2005 |
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Expert View
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Three successive years of grocery deflation and intense price competition have resulted in the UK's supermarket operators bringing major savings to consumers. By the end of 2006 shoppers in the UK will have saved a total of more than GBP3 billion on their grocery bill, according to new research by retail specialists Verdict...
Published By Datamonitor
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25 Nov 2005 |
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CommentWire
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The new Polish government of the conservative Law and Justice party has promised to examine the encroachment of hypermarkets into the country's retail sector. However, an element of political calculation is thought to be involved in this: while about 100,000 people are employed in large stores, the retail sector as a whole employs more than 2 million, mainly in small independent shops.
Published By Datamonitor
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21 Nov 2005 |
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