Latest Intelligence on Department Stores in United Kingdom

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Type Product title / description Pub Price
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Future-proofing key for Debenhams flagship renovation

Debenhams' refurbishment of its Oxford Street flagship store, at a cost of GBP25m over three years, aims to redefine the brand. The flagship has suffered from underinvestment, and sits below par in terms of customer experience. Verdict believes the revamp will bring the store in line with rivals; however, Debenhams should be future-proofing the store to maintain its relevance in the next decade.

Published By Datamonitor
06 Jun 2013
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Trinity Leeds shopping center will boost city's retail outlook

Retail development Trinity Leeds, developed by Land Securities, opened its doors on 21 March 2013 with more than 70 retailers ready for business. The development is set to revitalize retail in Leeds, with more than 40 big names coming to the city for the first time.

Published By Datamonitor
21 Mar 2013
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Christmas trading: retailers must continue to develop online offerings to beat the showrooming trend

Christmas 2012's trading results are in, and the retail winners have clearly been those that have invested in innovative online operations. Nowhere has this been more obvious than in the clothing & footwear sector. Department stores have also thrived, as retailers have been investing in creating desirable shopping destinations and websites.

Published By Datamonitor
19 Feb 2013
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Luxury offerings by midmarket players drive department store premium spending

The premium sector of the UK department store market will account for 42.9% of total expenditure in 2017, equating to an additional GBP975m in the next five years, according to the Verdict report Department Store Retailing in the UK. This is being fueled by midmarket players moving towards more luxury products.

Published By Datamonitor
14 Feb 2013
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Department stores need to bolster their online services to exploit growing Internet sales

Verdict has revealed that more than GBP2.5bn of the UK's department store sales will come from online by 2017. As department store websites become more commonplace, delivery innovations such as annual subscriptions, click & collect, and m-commerce will become must-haves.

Published By Datamonitor
08 Feb 2013
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Department stores well-placed due to Christmas triumph

Strong Christmas results from the UK's leading department stores indicate a resurgence in the channel. While the department store model lends itself well to the gift-giving period due to its wide product range, other elements of the business - namely online - have come to the fore, which will provide growth opportunities in the coming years as long as sufficient investment is made.

Published By Datamonitor
15 Jan 2013
CommentWire
CommentWire

Tesco: treating customers to House of Fraser

In the run-up to Christmas Tesco is giving its UK Clubcard holders the opportunity to exchange GBP12.50 worth of Clubcard vouchers for a GBP25 House of Fraser gift card. While some consider them to be outmoded, gift cards present retailers with an opportunity to attract new customers and boost sales, making such initiatives worthwhile.

Published By Datamonitor
08 Dec 2011
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Australians discard domestic fashion in favor of international e-retailers

Online fashion retailer ASOS has posted impressive sales growth for FY2011, with international shipping up 141.8% year-on-year. Australian sales were especially strong, which has encouraged the retailer to set up a dedicated site for the market in 2011-12. ASOS is one of many foreign retailers looking to Australia to increase online sales due to their ability to undercut domestic retailers.

Published By Datamonitor
07 Jun 2011
CommentWire
CommentWire

John Lewis: innovating in the financial services space

John Lewis's first retail savings bond will allow its customers and staff to invest directly in the partnership. Offering an appealing rate paid in cash and partnership vouchers from a trusted brand name, this innovative product will be attractive to investors seeking new options. Such initiatives from retailers will incite further competition and innovation within the financial services market.

Published By Datamonitor
08 Mar 2011
CommentWire
CommentWire

Arcadia Group: efficiency the focus

With sales figures for Bhs included for the first time, The Arcadia Group has reported a solid set of results for 2009/10. Topshop and Topman are once again the star performers. With the focus still very much on driving profits, Verdict Research believes that there are further gains to be made in 2010/11.

Published By Datamonitor
23 Nov 2010

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