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Expert View
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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
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08 Feb 2013 |
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Expert View
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UK grocery retailer Morrisons has been slow in launching its convenience format, with just 12 stores opened in 18 months. Despite being poised to open a new fulfillment center, and acquiring seven sites, the pace is still far too slow for its convenience proposition to be a success.
Published By Datamonitor
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07 Feb 2013 |
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Expert View
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Consumers could reject monthly subscription beauty sample boxes for their initial high cost compared to a one-off inexpensive treat, or may end up relying on them, reducing store footfall. However, benefits such as a wider brand awareness and customer base, alongside a high profit margin, mean that retailers could bolster their position in a relatively stable market by adopting this tactic.
Published By Datamonitor
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06 Feb 2013 |
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Expert View
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The homewares sector can be difficult for a newcomer to break into. Price competition from specialists and non-specialists alike can prove to be a barrier to entry for smaller brands. However, the development of flash sale sites, in tandem with a recovery in consumer spending, will create communities of devoted shoppers, seeking out the best new unique product they can find.
Published By Datamonitor
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01 Feb 2013 |
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Expert View
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Primark is clearly not suffering from a lack of a transactional website, but as a huge player in an intensely competitive retail sector, there are obvious benefits to an online presence, at least socially. Verdict's clothing & footwear analysts, Kate Ormrod and Honor Westnedge, examine whether or not the retailer needs a full multichannel offer.
Published By Datamonitor
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31 Jan 2013 |
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Expert View
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In reportedly the first major collaboration of its kind among British retailers, George at Asda, M&S, Monsoon, Next, Shop Direct Group, and Tesco have joined forces as part of the Shape GB consortium to develop a standardized system for children's clothes sizes. Verdict believes this will create a more logical approach to childrenswear sizing, benefitting consumers, retailers, and suppliers.
Published By Datamonitor
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29 Jan 2013 |
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Expert View
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While the coffee drinkers of affluent southern towns may be horrified at the thought of mistakenly buying a Tesco latte, Harris + Hoole's strategy of at least appearing to be an independent community-based project points the way forward for modern retail chains. Verdict thinks this strategy will work well in food service and could also help combat showrooming in other retail sectors.
Published By Datamonitor
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24 Jan 2013 |
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Expert View
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Due to differences in reporting standards, including the fact that some of 2012's most likely contenders for the top spot do not release the results of their Christmas trading, we may never know which player came off the best this holiday season.
Published By Datamonitor
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24 Jan 2013 |
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Expert View
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The UK arm of video rental chain Blockbuster has become the second entertainment retail casualty on the high street in as many days. Much like HMV, Blockbuster's demise has been a long time coming, with the company slow to react to shifting consumer trends and falling foul of many of the issues that hamstrung its similarly fated high street peer.
Published By Datamonitor
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21 Jan 2013 |
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Expert View
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Superdrug's premium skincare and makeup brand, B, is pitched as offering premium products with simplified purchasing and accessible prices. Effective communication of its products' impressive test results should boost sales, but B's affiliation to Superdrug, a retailer associated with value ranges, means that non-Superdrug shoppers who want a premium beauty experience will need some convincing.
Published By Datamonitor
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16 Jan 2013 |
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