Latest Intelligence on Home Furniture and Housewares in Europe

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Type Product title / description Pub Price
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A tough Christmas beckons for retailers, but the worst may already be over

There is no doubt that 2005 has been a dreadful year on the high street and as the festive season approaches, most retailers are extremely cautious about their prospects. However, while the economic news has been highly discouraging for those retailers awaiting an upturn in their fortunes, according to retail specialists Verdict there may soon be light at the end of the tunnel ...

Published By Datamonitor
20 Oct 2005
Expert View
Expert View

UK retail: cold snap brings hopes of Christmas cheer

John Lewis indicated that sales had surged in the past five weeks, providing hope that Christmas trading may be better than last year. The company's sales last week rose by 5.8 % to GBP62 million against a year ago. While the performance must be encouraging for John Lewis, its rivals must still be hopeful that the Christmas spirit cold weather engenders will drive consumers into the shops.

Published By Datamonitor
22 Nov 2005
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Expert View

Kingfisher: feeling the full force of UK retailing slowdown

Leading home improvement retailer Kingfisher has displayed evidence of the full force of the slowdown in big-ticket spending in the UK as B&Q's profits more than halved during the third quarter. Chief executive Gerry Murphy said he did not expect the home market to improve until late 2006, however this cautious forecast comes from a man who is not afraid of making big decisions...

Published By Datamonitor
02 Dec 2005
CommentWire
CommentWire

UK retail: car-free Oxford Street not just for Christmas?

Christmas shoppers heading for London's West End will enjoy a little respite from petrol fumes and overcrowded pavements on December 17, when Oxford Street closes to traffic. Indeed, a growing number of retailers believe that permanently freeing the street of traffic is the only way to make sure shoppers regard it as an attractive alternative to more pedestrian-friendly out-of-town destinations.

Published By Datamonitor
08 Dec 2005
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
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Expert View

Next trading statement offers hope on Christmas performance

Next's trading update for Christmas 2005 is one of the first significant indicators of how British retail fared over Christmas. The fashion retailer's modest turnaround in like-for-like sales has seen Next shares rise to a 12-month high. Yet while the figures look promising, they do not reflect the bigger picture and should not be treated as a reliable barometer for the whole market.

Published By Datamonitor
06 Jan 2006
Expert View
Expert View

BRC figures positive, not indicative of retail recovery

Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.

Published By Datamonitor
10 Jan 2006
CommentWire
CommentWire

Ilva: preparing to dismantle Ikea

Ilva executive chairman Martin Toogood has told The Sunday Times that the Danish furniture retailer will open its first British store this May. Ilva is confident that it will prosper at the expense of the current market leaders. Indeed, the retailer's strong statement on style and emphasis on service will fill a gap in a market that is currently suffering from a lack of innovation.

Published By Datamonitor
10 Jan 2006
Expert View
Expert View

Marks & Spencer: on the road to recovery

Marks & Spencer has enjoyed its best Christmas for two years, vindicating the widely held view that the resurgent British retailing icon would prove one of the festive season's winners. However, some analysts now suggest that having proven itself over Christmas, M&S is due a period of consolidation.

Published By Datamonitor
11 Jan 2006
CommentWire
CommentWire

MFI: able to construct a winning strategy?

Investors have lost confidence in furniture retailer MFI, sending shares to a five-year low as rumors of downsizing and low post-Christmas sales abound. While a slow housing market has affected the fortunes of the furniture industry, MFI has also suffered from supply chain problems and a lack of focus.

Published By Datamonitor
30 Jan 2006

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