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Expert View
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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
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22 Nov 2005 |
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CommentWire
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The setback - which follows an earlier postponement from spring to November - will no doubt have a negative impact on a number of UK retailers. However, this impact may not be as bad as it first seemed and could even benefit some retailers.
Published By Datamonitor
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07 Sep 2006 |
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CommentWire
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With its core womenswear business largely back on track, M&S' management is under pressure from investors to maintain its pace of growth. While M&S' decision to add 13 electrical departments to its estate will help it capitalize on electricals' rapid growth, the retailer is entering an increasingly tough arena.
Published By Datamonitor
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05 Sep 2006 |
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CommentWire
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With the first World Cup game just a week away, retailers are ready to capitalize on the most important event of this year's sporting calendar. The British Retail Consortium has forecast a GBP1.25 billion boost in spending during the competition, and John Lewis is not the only retailer set to benefit.
Published By Datamonitor
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02 Jun 2006 |
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CommentWire
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With total sales up 6.9%, Jessops has continued to deliver in what remains a challenging camera market. Innovations to its multi-channel strategy have kept, and will continue to keep, Jessops one-step ahead of the competition and diversification into the wider consumer electronics market presents a further opportunity to drive sales.
Published By Datamonitor
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01 Dec 2006 |
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CommentWire
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Jessops has experienced a further deterioration in trading conditions. In response, it said it will need to reduce its prices, and that consequently profitability will suffer. This trading update, the second piece of bad news issued to the City in 2007, highlights the serious challenges Jessops faces ahead.
Published By Datamonitor
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01 Mar 2007 |
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CommentWire
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The leading independent games retailer Game Group has issued a profit warning as gamers waiting for new consoles to arrive on the market hold off on purchases. With limited scope to diversify into other product areas and a growing number of non-specialist competitors encroaching on its territory, Game needs to exploit the festive season to develop an appeal beyond its core customer base.
Published By Datamonitor
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01 Dec 2005 |
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CommentWire
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Game Group surprised investors by reporting much-improved trading over the holiday period, helped by last minute air freight deliveries of Sony's PlayStation Portable consoles. The release of several new consoles this year should keep sales up, but the company will be competing against other retailers keen to increase their market share.
Published By Datamonitor
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11 Jan 2006 |
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CommentWire
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DSG's proposed sale of The Link mobile phone chain to O2, which already owns 40% of the 300-store retailer, will give O2 key sites from which it can sell its phones directly to consumers. If the proposed sale goes ahead, it will mark the latest step in DSG's plans to focus on its strongest divisions.
Published By Datamonitor
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20 Jun 2006 |
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CommentWire
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Retail group DSG International has begun negotiations to acquire Dabs.com, one of the UK's best-known internet retailers. The success of online sales in the GBP2 billion electricals sector, which is growing by 30% every year, has prompted DSG to move away the high street and align itself with internet retail.
Published By Datamonitor
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30 Jan 2006 |
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