Opinion on Food and Drink Specialists

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Type Product title / description Pub Price
Expert View
Expert View

Whole Foods Market: whole lot of loss

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
06 Aug 2008
Expert View
Expert View

Marks & Spencer: simply struggling

M&S's update has disappointed all, with trading worse than expected and sales impacted upon by challenging market conditions. The sharp exit of Steve Esom is a further signal of the extent of the retailer's problems, and the short-term outlook remains very challenging.

Published By Datamonitor
03 Jul 2008
Expert View
Expert View

Basic consolidates after a tough year

With annual sales just about holding up, organics retailer Basic's margins have come under pressure. As a consequence, expansion plans have been put on hold, and the company has announced job cuts, reducing its staff headcount from 850 to 780. The outlook is bleak as even the buoyant organic sector will not prove completely immune to the expected downturn in consumer expenditure.

Published By Datamonitor
17 Jun 2008
Expert View
Expert View

Cost of groceries up 6% since January

A typical basket of 100 grocery items cost 5.8% more in May than in January, increasing the nation's grocery bill by GBP514m a month. For consumers, such an increase comes on top of other price rises, demonstrating why, for many, inflation feels higher than the government's official rate. Although grocer's value ranges can soften the impact, price increases are likely to persist into 2009.

Published By Datamonitor
02 Jun 2008
Expert View
Expert View

Supermarkets more popular than ever with British consumers

In the UK, more consumers than ever before are shopping at supermarkets for items other than food. Over 62% of all shoppers regularly use supermarkets to buy non-food items, collectively spending over GBP19.7 billion. These numbers have risen sharply compared to five years ago, when just 45% of consumers used grocers for non-food purchases, collectively spending GBP13.3 billion.

Published By Datamonitor
14 Mar 2008
Expert View
Expert View

Budget 2008: tax rises will hit retailers

Faced with the need to raise revenues, the chancellor took the politically less risky option of raising taxes on alcohol (in a bid to be seen as tough on binge drinking) and car owners (to boost his green credentials). These measures, combined with the impact of previously announced tax changes, will make 2008 especially challenging for retailers.

Published By Datamonitor
13 Mar 2008
Expert View
Expert View

Discounters set to claim half of German grocery sales

A combination of the 2007 VAT hike and the discounter boom is severely impacting Germany's retailing landscape. For the first time since 2002, the sector contracted, posting a decline of 0.9%. As a direct result of extremely tough trading conditions, consolidation is becoming an attractive option to an increasing number of retailers; however, other routes to success in the market remain.

Published By Datamonitor
07 Mar 2008
Expert View
Expert View

Rewe: finally getting some Plus

Rewe has bought Tengelmann's 146 store-strong Plus discount operation in the Czech Republic. Present in the country since 1991, Rewe's future outlook seems bright, as the deal will strengthen its position in the region. That said, owing to turbulences in the financial markets, growth prospects in Eastern Europe have recently dimmed.

Published By Datamonitor
05 Mar 2008
CommentWire
CommentWire

Whole Foods Market: adaptability will be key to London success

It has been reported that Whole Foods Market is in discussions with British Land about opening a site in its 201 Bishopsgate and Broadgate Tower complex - a new office development that includes retail space. If Whole Foods Market was to open an outlet here, the retailer's ability to adapt its format to the location would be the key to its success.

Published By Datamonitor
04 Feb 2008
CommentWire
CommentWire

Salt: pressure rises on fast food to reduce levels

A new survey in the UK has revealed that there are often high levels of salt present within fast foods. With health issues remaining a key concern for many consumers, food outlets would be wise to reduce their salt levels or face a backlash.

Published By Datamonitor
19 Oct 2007

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