Opinion on Home Furniture and Housewares

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Type Product title / description Pub Price
CommentWire
CommentWire

UK retail sales: volume down, but value up

New data from the UK's Office of National Statistics reveals that the value of retail sales in July was up 3.4% year-on-year. This data should be interpreted positively, but a media focus on month-on-month volume trends means it is unlikely to be.

Published By Datamonitor
17 Aug 2006
CommentWire
CommentWire

UK retail: bargains drying up for private equity

According to the City law firm Eversheds, the appetite amongst private equity investors for involvement in the retail sector remains healthy, despite the general pessimism over retail sales from most quarters. However in the current low growth environment, the fast-return retail bargains of previous years are becoming increasingly few and far between.

Published By Datamonitor
06 Jan 2006
CommentWire
CommentWire

UK retail: car-free Oxford Street not just for Christmas?

Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.

Published By Datamonitor
08 Dec 2005
Expert View
Expert View

UK retail: cold snap brings hopes of Christmas cheer

John Lewis indicated that sales had surged in the past five weeks, providing hope that Christmas trading may be better than last year. The company's sales last week rose by 5.8 % to GBP62 million against a year ago. While the performance must be encouraging for John Lewis, its rivals must still be hopeful that the Christmas spirit cold weather engenders will drive consumers into the shops.

Published By Datamonitor
22 Nov 2005
CommentWire
CommentWire

UK retail: competition authority must think of consumers' best interests

The Women's Institute is lobbying the UK Competition Commission to scrutinize all food retailers with a market share above 1%. However, while the WI's motivation may be positive, consumers are clearly keen on the benefits that supermarkets can bring and their wishes should not be ignored.

Published By Datamonitor
26 Jun 2006
CommentWire
CommentWire

UK workforce: rise in employment of over 50s in the retail sector

The Employers Forum on Age, which represents 245 companies across the UK, says a growing number of older people are coming out of retirement and entering the workforce. A new law being introduced in October bans discrimination on age. This not only has the potential to extend our working live and changes the future of retirement, it also challenges employers on how to manage their workforce.

Published By Datamonitor
14 Jun 2006
CommentWire
CommentWire

United Carpets: a rare success story in a troubled sector

United Carpets has reported sales of GBP21.2 million and pre tax profits of GBP1.5 million for the fiscal year ending 31 March 2008, representing growth on last year of 8.3% and 46.8% respectively. While it is currently performing well, United Carpets may find achieving a similar performance harder over the next 12 months.

Published By Datamonitor
24 Jul 2008
Expert View
Expert View

VAT rise: another damper on already cautious spenders

While the UK government's move to increase VAT to 20% in January 2011 will reduce volumes and add to inflationary pressures in retail, the effect will be minimal given that consumer spending habits are already changing, with shoppers being more cautious and value-conscious. As retailers pre-empt the VAT increase to prepare shoppers, Verdict expects to see prices rise in the latter half of 2010.

Published By Datamonitor
25 Jun 2010
Expert View
Expert View

Verdict on the credit crunch: home retailing

The current downturn in home-related retail began with the credit crisis fueling deterioration in consumer confidence, and wider market turmoil has only exacerbated concerns. Following the most torrid period for decades, the future will be no better. However, survivors will be in a stronger position, with fewer competitors.

Published By Datamonitor
29 Sep 2008
Expert View
Expert View

Westfield London may take share of wallet from London's West End retailers

Westfield London has been in development for 15 years and offers an impressive retail experience, yet it could not have opened at a worse possible time. Although the strong mix of retailers and services offered will help it to attract custom, with consumers taking a measured approach to their shopping, any money going through the tills will come at the expense of spending elsewhere.

Published By Datamonitor
04 Nov 2008

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