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CommentWire
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A poor UK retail environment has been blamed for the dip in sales in Thorntons' latest trading update. With own-store sales down by 4.4% and sales through the major food retailers slowing, the company should aim to make the most of the coming Christmas period and continue to leverage the position of its products as 'everyday' luxury confectionery brands.
Published By Datamonitor
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18 Oct 2005 |
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Expert View
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According to new Datamonitor research, 83% of the UK population blames the banking industry for the credit crunch and the economic downturn. More surprisingly, almost as many consumers place the blame on the government and financial regulators. Judging from these data, whoever wins the next election will face an unprecedented crisis of consumer confidence.
Published By Datamonitor
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05 Jun 2009 |
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Expert View
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British tabloid The Sun has announced that it is to launch its first brand of perfume, called Buzz. The product has been created by fragrance specialist Roja Dove, and will initially be sold in high-end London department store Harrods. Although the fragrance targets the strong celebrity culture in the UK, it could struggle to make an impact on both luxury-seeking and value-conscious consumers.
Published By Datamonitor
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08 Sep 2010 |
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Expert View
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UK consumer brands face difficulties in capturing the attention of shoppers, with over 25% of individuals saying they do not even notice new food products on the shelves. The sheer quantity of lines launched on the FMCG market over 2007-09 has created an environment in which it is easy for new products to become lost, so targeted innovation is key for firms that want their offerings to stand out.
Published By Datamonitor
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03 Feb 2010 |
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Expert View
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After years of focusing on younger consumers, retailers need to adapt their propositions for the more mature shopper if they want to take advantage of a lucrative seam of growth. According to new research from Verdict Consulting, UK consumers aged 65-74 will increase their retail expenditure by over 75% over the next ten years, making them the fastest growing age segment by some distance.
Published By Datamonitor
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21 Nov 2007 |
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Expert View
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The Co-op Group has announced encouraging results after its recent merger with United Co-operatives. Improvements to store environments and product ranges have helped the group to grow sales, while the recent merger with United Co-operatives has helped it to realize significant cost savings. Looking ahead, the group is poised to add more scale with the acquisition of rival retailer Somerfield.
Published By Datamonitor
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18 Apr 2008 |
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Expert View
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As the ink dries on Atkins Nutritionals' bankruptcy filing, food manufacturers are hopeful that this could signal the end to the low-carb diet craze that once threatened the bakery industry. Furthermore, new research shows that, despite such concerns, US and European bakery and cereals markets are recording encouraging growth, thanks to functional and health-focused bakery product launches.
Published By Datamonitor
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05 Sep 2005 |
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CommentWire
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Tetra Pak, the Swedish packaging company that pioneered the development of rectangular cartons for ambient dairy and juice products, has introduced Tetra Evero Aseptic. Claimed to be the world's first aseptic carton bottle to be used for white milk, the new product combines the handling and pouring qualities of a bottle with the environmental and cost advantages of a carton to challenge plastic.
Published By Datamonitor
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03 Jun 2011 |
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CommentWire
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Tesco's {TSCO.L] new Trim Trolley allows consumers to exercise while they shop by offering differing resistance when pushing and counting the calories they burn as they go round the store. This innovative approach to shopping could boost sales of low-fat, low-carb or other diet products, but equally consumers may reward themselves for their efforts with extra cakes, sweets and chocolate...
Published By Datamonitor
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28 Apr 2004 |
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Expert View
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Tesco is to launch a new department store concept in the Czech Republic in an effort to boost its non-food turnover in European retail. While the current decline in retail sales across the region will initially dampen prospects for the format, this new venture looks set to strengthen Tesco's position as a dominant clothing retailer in Central and Eastern Europe.
Published By Datamonitor
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06 Feb 2009 |
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