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Expert View
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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
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15 Jan 2013 |
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Expert View
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Jessops has fallen into administration in the wake of a rapidly shrinking camera market and the effect of a showrooming onslaught on the high street. With all its stores now closed, there are few viable ways for Jessops to maintain a sizable store portfolio.
Published By Datamonitor
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15 Jan 2013 |
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Expert View
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Over the past three years, Superdrug has been investing across its business to combat increasing competition from grocers and general merchandisers as well as the continuing threat from Boots. Despite this investment, with particular attention paid to its expanding own label range, the retailer still struggles to grow sales.
Published By Datamonitor
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04 Dec 2012 |
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Expert View
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The UK music & video retail sector is set to contract by 39.3% out to 2017, due to lower online prices, the increasing popularity of streaming services, and digital piracy. Record labels and film studios can adjust their business models to mitigate some of the negative effects, but retailers will not have it so easy.
Published By Datamonitor
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29 Nov 2012 |
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Expert View
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Over the past five years we have seen the sports goods market become increasingly polarized. Serious sports enthusiasts are looking for specialist and professional products, while leisure shoppers want needs-based products at low prices. To grow in this market, retailers must decide who their target customers are, and ensure a strong point of differentiation to fight competition and drive sales.
Published By Datamonitor
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22 Nov 2012 |
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Expert View
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The rise in fuel card sales across Europe has encouraged supermarket chains to enter this lucrative and ever-expanding market. Supermarkets have realized that they can dominate, and fuel retailers will be rapidly attempting to claw back whatever consumer base they have left.
Published By Datamonitor
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20 Nov 2012 |
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Expert View
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The innovation and essential nature of many products within the health & beauty retail sector will continue to provide growth opportunities despite some impact on volumes. Consumers are increasingly concerned with looking younger for longer, so spending on skincare and cosmetics remains high. An aging population will only intensify this.
Published By Datamonitor
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14 Nov 2012 |
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Expert View
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Mobile devices are the future of retail payments, as there are huge potential benefits in shorter transaction times and, if the customer allows, personal data, but most major retailers are likely to avoid this for the next few years. The costs and benefits of mobile payments are not yet weighted in favor of full rollout, and cash management is often cheaper than mobile and online payment security.
Published By Datamonitor
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14 Nov 2012 |
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CommentWire
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Morrisons' sales continue to decline, despite the grocer improving its stores and focusing more on fresh produce. Shoppers are missing the retailer's messages highlighting its "different and better than ever" credentials, and its impressive offer revamps are not being reflected in sales figures. While costs remain tightly controlled, the retailer is facing a fight in the run-up to Christmas 2012.
Published By Datamonitor
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09 Nov 2012 |
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Expert View
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Homebase aims to close around 40 stores as leases expire by February 2017, in yet another example of big box DIY specialists actively reducing their store portfolios. Reducing total sales space is a sensible strategy with multi-channel becoming more important, but retailers must ensure that they balance reductions without losing sales.
Published By Datamonitor
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07 Nov 2012 |
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