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CommentWire
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On the surface, Kingfisher's results look promising, with a 6.4% rise in total sales, helped by a 1.9% like-for-like improvement, but beneath this, the Group has a number of underperforming divisions it needs to address. Crucially, this includes B&Q in the UK, and with an uncertain economic outlook in the UK, B&Q has its work cut out.
Published By Datamonitor
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30 Nov 2007 |
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CommentWire
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Jysk, the successful value-led homewares retailer, has entered the UK, locating its first two stores in Lincoln and Mansfield. Despite the current doom and gloom, Jysk is confident that it can crack the UK market with its value-led approach. However, with an unfamiliar brand and tough market conditions as consumers reign in non-essential spend, Jysk has got its work cut out.
Published By Datamonitor
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04 Apr 2008 |
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CommentWire
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With its full-line department store pipeline on hold due to developers' problems, John Lewis has looked at alternative options and produced a smaller store format that will sell home and electronic products only. While this strategy will offer growth opportunities and threaten competitors, there is a danger that the retailer may cannibalize its own sales.
Published By Datamonitor
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08 May 2009 |
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CommentWire
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John Lewis, last year's shining star and barometer of UK consumer confidence, is feeling the pinch as consumers rein in discretionary spending. While sales of clothing and beauty have been resilient, homewares has taken a sharp knock, and operating profits have tumbled as the retailer campaigns harder on value against a backdrop of rising costs and muted consumer expenditure.
Published By Datamonitor
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15 Sep 2008 |
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CommentWire
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John Lewis's refurbishment of its Bluewater store will involve the conversion of the basement into new retail space, which will include the chain's first foodhall outside London. With John Lewis Bluewater's sales currently down on last year, the opening of the foodhall next summer could provide a significant boost to trading at the location, which is one of the retailer's larger stores.
Published By Datamonitor
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04 Nov 2008 |
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CommentWire
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John Lewis has managed to be one step ahead of the competition. The retailer spotted the potential for online retailing and even the dot.com bubble bursting could not deter it from its plans. Finally its investment is paying off, making it an even stronger competitor in the department store market.
Published By Datamonitor
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17 Jul 2006 |
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Expert View
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Reporting full year results up to January 2009, the John Lewis Partnership confirmed that tough trading conditions in 2008 had impacted both of its divisions, although department store John Lewis fared worse than supermarket Waitrose. The former's operating profits fell by 27.4% and current trading indicates that there is another tough year ahead.
Published By Datamonitor
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13 Mar 2009 |
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Expert View
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The John Lewis Partnership has announced a strong set of results from both John Lewis and Waitrose for its performance to January 30, 2008. While it outperformed the market in all of its product divisions, the company warned of a slowdown in 2008, yet is confident that it will continue to win market share.
Published By Datamonitor
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06 Mar 2008 |
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Expert View
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Value womenswear and homewares retailer Internacionale Limited has entered administration. The group, which operated Internacionale and Au Naturale stores, is facing difficult conditions in both of its market sectors, as are many of its rivals.
Published By Datamonitor
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08 May 2008 |
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CommentWire
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Spanish firm Inditex, Europe's largest clothing retailer, has reported a strong overall performance for fiscal 2007. In addition, further international expansion and the launch of a new brand will put the group in a good position to weather the storm in its domestic market, which is facing an economic downturn.
Published By Datamonitor
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31 Mar 2008 |
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