Latest Intelligence on Other Specialist Retailers

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Type Product title / description Pub Price
CommentWire
CommentWire

Blacks: continuing to struggle

Blacks, an outdoor retailer, has continued to perform poorly, with its chief executive claiming that the UK retail sector is in recession. Despite its outdoor division benefiting from last year's wet weather, overall like-for-like sales declined. Although Blacks is taking steps to improve the business, it seems unlikely that these will be enough to drive substantial sales growth and rejuvenation.

Published By Datamonitor
30 May 2008
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Halfords will need a new boss to continue success

Halfords's full year revenue increased by 7.2% to GBP797.4m, and like-for-like sales were up 4.3%, slightly less than the 6.0% rise in the previous year. Growth was strong across the business, but the star performers were car maintenance and Bikehut. As recent performance can be accredited to Halfords's strong management team, appointing a suitable new leader is essential for continued success.

Published By Datamonitor
05 Jun 2008
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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
CommentWire
CommentWire

Sports Direct: qualifying abroad

In the words of Dave Forsey, chief executive of Sports Direct, the retailer has faced the most difficult trading conditions in its history. Indeed, its results have disappointed and the shock drop in profits is cause for much concern, but a burgeoning international arm and further expansion in the UK should help to calm investors' nerves.

Published By Datamonitor
11 Jul 2008
CommentWire
CommentWire

Decathlon: playing the long game

Decathlon is set to go head to head with the likes of JD Sports and Sports Direct, with 40 new sports stores planned for the UK over the next five years, according to trade publication Retail Week. Although initial trading will not be easy for the French sports retailer, due to a down-turn in consumer spending, there are advantages to its decision to expand at this difficult time.

Published By Datamonitor
30 Jul 2008
CommentWire
CommentWire

JD Sports: scores a goal with winning formula

JD Sports has announced a credit crunch busting 54% rise in operating profit and a 19% jump in sales. Its sport-inspired fashion approach is clearly bearing fruit, with margins on the up and the gap between price-focused rivals growing. However, with the economic climate unlikely to improve in the next year, and tougher comparatives, JD has its work cut out in keeping up the current performance.

Published By Datamonitor
24 Sep 2008
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JJB Sports: new era offers glimmer of hope

Adding to the woes of the high street, JJB Sports has reported a sudden and sharp downturn in trading, with profits falling into negative ground. Hit by the 'consumer recession', JJB blamed wider economic factors and insisted that it had the right strategy to weather the storm. However, with JJB seeking an emergency bridging loan, it will have high hopes for a quick end to the current climate.

Published By Datamonitor
29 Sep 2008
CommentWire
CommentWire

Mothercare: growing up fast on global stage

Mothercare, a retailer of baby and maternity goods, has posted a mixed set of results, with impressive international and internet growth, but a dip in sales from its core format due to the re-structuring of its UK store estate. However, overall the company looks to be one of the market's safer bets as conditions deteriorate for UK retailers.

Published By Datamonitor
17 Oct 2008
CommentWire
CommentWire

Blacks: struggling in the downturn

Blacks has reported a torrid first half to its current financial year, with sales falling 9.4%, gross margin slipping and an operating loss of GBP3.8m. However, while the retailer's core outdoor division underperformed, the real drag came from boardwear. Despite Blacks' turnaround plan showing signs of fruition, in the current climate, the retailer is unlikely to reward investors any time soon.

Published By Datamonitor
03 Nov 2008
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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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