Opinion on Electricals and Electronics

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Type Product title / description Pub Price
CommentWire
CommentWire

Woolworths: tricky times ahead as sales slide

The World Cup has led to many retailers suffering a blow as consumers stay indoors to watch matches as opposed to hitting the high street. However the football tournament also serves as a convenient excuse for retailers needing to explain weak trading figures.

Published By Datamonitor
16 Jun 2006
Expert View
Expert View

Woolworths faces fundamental challenges despite return to profit

After disastrous results a year ago, it was imperative that Woolworths returned its core retail business to profit. However, while Woolworths met this target; it did so by the narrowest of margins. Looking ahead, there is considerable scope for Woolworths to improve margins further, although turnover is set to shrink as the retailer downsizes and relocates stores.

Published By Datamonitor
02 Apr 2008
Expert View
Expert View

Why Best Buy's UK failure was not just bad timing

Best Buy's attempt to cross the Atlantic and deliver US-style retailing to UK consumers has failed miserably, with the retailer planning to close all of its big box stores there. It may have suffered from bad timing, but its retreat shows that even the most successful retail formats can fail if they do not adapt to changes in their target markets.

Published By Datamonitor
09 Nov 2011
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
CommentWire
CommentWire

Warranty Direct: low price guaranteed

Warranty Direct, a leading UK extended warranty provider, has gone on the offensive in the run-up to the Christmas shopping season. Its survey highlights that the time is ripe for direct insurance providers to make their presence known. Consumer apathy is the biggest hurdle to overcome, but Warranty Direct is in a good position to do exactly that.

Published By Datamonitor
18 Oct 2002
CommentWire
CommentWire

Visa: Australians choosing safer option?

Visa Australia has announced that debit card uptake in Australia rose significantly in the last quarter of 2005 and online spending boomed. Visa expects this trend to continue into the near future, and these latest statistics may be an indication of Australian consumers becoming more aware of the problems of credit card debt.

Published By Datamonitor
31 Mar 2006
Expert View
Expert View

Video games: more lucrative than music and video?

Over the 12 months to the end of 2008, Verdict predicts that the buoyant video games market will have grown by GBP1.37 billion. This is especially significant when compared to the stagnation in the music and video sectors, which have recorded a combined growth of just GBP0.03 billion. It is likely, then, that the video game retail market will soon become the largest entertainment sector in the UK.

Published By Datamonitor
05 Nov 2008
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

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
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

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