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Expert View
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There is no doubt that 2005 has been a dreadful year on the high street and as the festive season approaches, most retailers are extremely cautious about their prospects. However, while the economic news has been highly discouraging for those retailers awaiting an upturn in their fortunes, according to retail specialists Verdict there may soon be light at the end of the tunnel ...
Published By Datamonitor
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20 Oct 2005 |
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Expert View
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Halfords has posted a rise of nearly 21% in interim pre-tax profits to GBP40 million, despite a slowdown in consumer spending. The car accessories and maintenance retailer has taken full advantage of its niche position in the market and with demand for car accessories on the increase, its future profits are set to soar.
Published By Datamonitor
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28 Nov 2005 |
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CommentWire
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Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.
Published By Datamonitor
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08 Dec 2005 |
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Expert View
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Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.
Published By Datamonitor
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10 Jan 2006 |
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CommentWire
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Game Group surprised investors by reporting much-improved trading over the holiday period, helped by last minute air freight deliveries of Sony's PlayStation Portable consoles. The release of several new consoles this year should keep sales up, but the company will be competing against other retailers keen to increase their market share.
Published By Datamonitor
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11 Jan 2006 |
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CommentWire
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After buoyant Christmas trading, specialist outdoor retailer Blacks is setting itself an ambitious new year resolution: to increase its market share from around 20% to 30%. The target is bold but achievable in the outdoor leisure market, although the going will be tougher for the fashion-led boardwear business.
Published By Datamonitor
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24 Jan 2006 |
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CommentWire
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Baugur's revelation of its 7% stake in Woolworths has fueled speculation of a takeover. Both the value and traded volume of Woolworths shares have been high, amid speculation that the chain had possibly attracted Asda's attention. The size of Baugur's stake in the company is likely to catch the City off guard, and will convince many interested parties that Woolworths is now effectively in play.
Published By Datamonitor
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09 Feb 2006 |
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CommentWire
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Hamleys has agreed to sell its 'interactive' stuffed toy retailer the Bear Factory for an estimated $41.4 million in cash. The decision to sell would have been a difficult one for Hamleys, but the toy retailer had to choose between saying farewell to its bear business or squaring up to its weightier US rival, Build-a-Bear Workshop.
Published By Datamonitor
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07 Mar 2006 |
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Expert View
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Accessories are less price sensitive than clothing, occupy less square footage and so offer a higher sales density. It is therefore unsurprising that the sector is becoming increasingly competitive as a growing number of retailers look to make their mark. A new report from Verdict Research explains how retailers can maximize their presence in the UK fashion accessories market...
Published By Datamonitor
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09 Mar 2006 |
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Expert View
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UK sportswear and equipment retailer JJB Sports has revealed a 44.7% drop in operating profit for the year to January 30, 2006, as the effects of the price war on the high street hits margins. The company hopes that the forthcoming World Cup will help drive sales, but price-cutting grocers and sportswear retailers are increasingly attracting consumers.
Published By Datamonitor
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20 Apr 2006 |
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