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CommentWire
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The collapse of Bookworld further reiterates the limitations of competing solely on price. Having found itself exposed to the boom in online retailing and the expanding ranges of leading grocers, its failure to adapt to changing market conditions helps highlight the need to differentiate on areas other than price.
Published By Datamonitor
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13 Feb 2007 |
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Expert View
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US bookstore chain Borders reported a net loss of $18.4 million for the second quarter ended July 29. Although the disappointing result reflects tough conditions in the retailer's domestic market, Borders inadequate response to competitive pressures is also a contributory factor.
Published By Datamonitor
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24 Aug 2006 |
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Expert View
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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
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10 Jan 2006 |
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CommentWire
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Leading UK record companies have demanded that the high court fines Music Trading Online - operator of CD-Wow - for breaking a promise it made in 2004 to stop illegally importing CDs into the UK. While there may well be a legitimate case to be made against the retailer, the PR being generated is doing the beleaguered UK music sector no favors.
Published By Datamonitor
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21 Feb 2007 |
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CommentWire
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Just 15 days after Choices UK released a positive set of interim results, the board has issued a profit warning due to poor Easter trading. The announcement illustrates that the retailer is still some way off the stability that it so badly craves.
Published By Datamonitor
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19 Apr 2007 |
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CommentWire
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ChoicesUK has fallen into administration after it struggled to cope with a rapidly declining music and video market. The retailer is likely to be broken up as the sector as a whole is reshaped following changing customer trends in regard to the consumption of entertainment products.
Published By Datamonitor
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21 Aug 2007 |
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Expert View
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Christmas 2012's trading results are in, and the retail winners have clearly been those that have invested in innovative online operations. Nowhere has this been more obvious than in the clothing & footwear sector. Department stores have also thrived, as retailers have been investing in creating desirable shopping destinations and websites.
Published By Datamonitor
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19 Feb 2013 |
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Expert View
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Clinton Cards has come through a difficult year, negotiating a declining market and the administration of part of its business. In the 52 weeks to August 2, 2009, total sales were down by 3.4%, but the group has managed to grow pre-tax profit and reduce net debt. In the short term things are now improving, but longer term, the company faces a fresh set of challenges.
Published By Datamonitor
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19 Oct 2009 |
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CommentWire
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Like-for-like sales at Clinton Cards' eponymous card stores fell 3.3% over the year as the company blamed an increase in competition from the high street and supermarkets. Although the Clinton Cards is still recovering from its acquisition of Birthdays two years ago, the drop in like-for-like sales suggests the retailer needs to look at its positioning and retail format.
Published By Datamonitor
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18 Oct 2006 |
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Expert View
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After years of legal wrangling, the UK High Court has ruled that The Pirate Bay infringes copyright, and has ordered a group of major Internet service providers to prevent their users from accessing the site. However, many games, music, and video retailers will be wondering what, if any, effect this will have on them.
Published By Datamonitor
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21 May 2012 |
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