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CommentWire
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Following the success of its pilot store in Cardiff, Starbucks has partnered with Euro Garages to open 30 drive-through coffee shops across the UK, at both service stations and as standalone sites. Starbucks' brand value, the convenience of the drive-through format, and a growing trend of eating-on-the-go among young consumers suggest that this collaboration has every chance of being a success.
Published By Datamonitor
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18 Mar 2010 |
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Expert View
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First Quench, operator of Threshers, The Local, Wine Rack and Haddows fascias, has entered administration. It is looking to restructure itself and hopes to be sold as a going concern. While the market has become increasingly challenging, internal factors have played a significant part in the decline of the business. Indeed, whether it will become successful if it does return remains to be seen.
Published By Datamonitor
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30 Oct 2009 |
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CommentWire
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Bakery chain Greggs has partnered with the independent forecourt retailer, Euro Garages, to open its first outlet at a UK service station. The move follows Greggs' recent strategy of targeting commercial customers by opening stores on retail estates. The chain's highly price-competitive offer and consumers' increased tendency to eat on the move places the retailer in good stead for success.
Published By Datamonitor
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20 Aug 2009 |
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Expert View
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Thorntons has announced a robust set of figures for its year to June 27, 2009, with total sales up by 3.2%. While this is a credible performance by the retailer, it must continue to produce innovative products and compelling offers that will drive footfall into its own stores if it is to continue growing next year.
Published By Datamonitor
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21 Jul 2009 |
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Expert View
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Despite a weak like-for-like performance, LVMH reported marginal growth in a tough economic climate for the first quarter of 2009. While LVMH is in a stronger position to weather the storm than some rival luxury players due to its strong brands and extensive geographical spread, sales are likely to decline further in the year ahead as the economic downturn shows little signs of improving.
Published By Datamonitor
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23 Apr 2009 |
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Expert View
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Mercadona, Spain's leading grocery chain, reported strong sales growth in 2008, although price reductions dented the company's profit. By focusing on private label and removing unprofitable lines from its stores, Mercadona has managed to control costs and pass on price cuts to consumers. Consequently, a price war has erupted between Spain's grocers, each vying for diminishing retail spend.
Published By Datamonitor
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06 Mar 2009 |
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CommentWire
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Despite achieving strong results in fiscal 2008, Thorntons is struggling to cope under the pressures of the downturn, reporting falling profits in its most recent half-year results. The company will need to work hard to convince shoppers that its products are affordable luxuries that are worth indulging in during harder times.
Published By Datamonitor
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19 Feb 2009 |
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CommentWire
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Thresher, the wine specialist owned by the private-equity backed First Quench group, is looking increasingly likely to be the next name to disappear from the high street. Indeed, in a bid to consolidate its operations in the face a downturn in spending, First Quench is set to embark upon a mass store closure and redundancy program, which is likely to signal the end of the fascia.
Published By Datamonitor
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23 Jan 2009 |
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CommentWire
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Thorntons has made a great deal of progress over the last two years, when a plunge in profits forced the departure of the then chief executive Peter Burdon. Results for the year to June 28, 2008 demonstrate the effective execution of a shrewd turnaround plan, overseen by chairman and veteran retail investor Jon von Spreckelsen, and CEO Mike Davis, formerly of Mars.
Published By Datamonitor
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12 Sep 2008 |
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Expert View
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Fresh & Wild Ltd, the UK unit of Whole Foods Market, has posted sales of GBP35.9m for the year to September 30, 2007, an increase of 18.5%. However, it also reported a loss of GBP9.9m and, although the GBP2.9m cost of opening a store in Kensington, London, partially accounted for the fall in profitability, it does bring into question the viability of operating a large-scale luxury food concept.
Published By Datamonitor
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06 Aug 2008 |
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