Latest Intelligence on Home Improvement and Gardening Supplies in United Kingdom

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Type Product title / description Pub Price
CommentWire
CommentWire

Wyevale: room to grow

Sir Tom Hunter and Baugur are leading a consortium to take over Wyevale Garden Centres in a deal that values the UK's largest garden retailer at GBP310 million. Despite a recent downturn in sales, the underlying prospects for the retailer are promising and the investment could drive further growth.

Published By Datamonitor
21 Apr 2006
Expert View
Expert View

Wolseley hit hard by building industry downturn

Third quarter results from Wolseley, the world's largest supplier of plumbing and heating products, has revealed continued weak trading, with pre-tax profits for the nine months to April 30 down 30% year-on-year. Wolseley's dependence on the highly cyclical building sector means that there is little that it can do to boost sales growth, while its huge debts make cost cutting the top priority.

Published By Datamonitor
23 May 2008
CommentWire
CommentWire

Wilkinson: good value for money

Wilkinson's results continue the trend of positive announcements from value-led retailers, with the economic downturn fostering an increased frugality among consumers. The demise of Woolworths has also presented a number of opportunities for general merchandisers, with the growing plethora of high street-based value-led propositions very much emerging as winners during the recession.

Published By Datamonitor
04 Sep 2009
CommentWire
CommentWire

Wickes: a walk on the heavy side

Travis Perkins has reported a pick-up in sales at its Wickes heavy-side DIY chain for January, despite tough market conditions. Tight cost controls coupled with buying gains from parent Travis Perkins have enabled Wickes to increase its operating margin, leaving it well placed to capitalize when demand for DIY picks up.

Published By Datamonitor
09 Mar 2006
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 workforce: rise in employment of over 50s in the retail sector

The Employers Forum on Age, which represents 245 companies across the UK, says a growing number of older people are coming out of retirement and entering the workforce. A new law being introduced in October bans discrimination on age. This not only has the potential to extend our working live and changes the future of retirement, it also challenges employers on how to manage their workforce.

Published By Datamonitor
14 Jun 2006
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
CommentWire
CommentWire

UK retail: bargains drying up for private equity

According to the City law firm Eversheds, the appetite amongst private equity investors for involvement in the retail sector remains healthy, despite the general pessimism over retail sales from most quarters. However in the current low growth environment, the fast-return retail bargains of previous years are becoming increasingly few and far between.

Published By Datamonitor
06 Jan 2006
CommentWire
CommentWire

UK retail sales: volume down, but value up

New data from the UK's Office of National Statistics reveals that the value of retail sales in July was up 3.4% year-on-year. This data should be interpreted positively, but a media focus on month-on-month volume trends means it is unlikely to be.

Published By Datamonitor
17 Aug 2006

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