Latest Intelligence on Home Furniture and Housewares

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Type Product title / description Pub Price
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UK Customer Satisfaction Awards 2013: why the sector winners stand out

John Lewis may have been the leading name in the roll call of winners at last week's Verdict Customer Satisfaction Awards, but the Verdict poll of 5,900 consumers also revealed the winning retailers within individual sectors. Verdict's analysts give their insight into why these retailers stood out to their customers.

Published By Datamonitor
01 May 2013
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Dreams wakes up to brighter future with Sun

Sun European Partners has acquired Dreams for GBP35m in a pre-pack administration deal, with plans to keep 171 of its 264 stores. This deal marks the end of what has been a very turbulent period for the retailer and gives it a platform from which to drive sales growth again.

Published By Datamonitor
07 Mar 2013
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Expert View

Luxury offerings by midmarket players drive department store premium spending

The premium sector of the UK department store market will account for 42.9% of total expenditure in 2017, equating to an additional GBP975m in the next five years, according to the Verdict report Department Store Retailing in the UK. This is being fueled by midmarket players moving towards more luxury products.

Published By Datamonitor
14 Feb 2013
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Expert View

Member sites in homewares: not just a flash in the pan

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
01 Feb 2013
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Pre-packs protect banks and boards, but jobs too

Pre-pack administrations have come under scrutiny for siphoning away selected assets and dumping debt in secretive deals. The process is open to abuse, but the unpalatable truth is that in a stuttering economy no other option protects jobs and keeps businesses open to the same extent.

Published By Datamonitor
12 Oct 2012
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Dunelm Mill overtakes John Lewis as leading homewares retailer

Specialist Dunelm Mill has leapfrogged John Lewis to the top of the homewares market, although both have registered a strong performance in 2012. Verdict estimates Dunelm Mill will have secured a 6.9% share of the GBP10.7bn market this year, with John Lewis expected to sit just behind at 6.8%.

Published By Datamonitor
26 Sep 2012
CommentWire
CommentWire

Dwell: not resting on its laurels

The aspirational furniture retailer Dwell is set to open its 23rd outlet at the Lakeside Retail Park. This opening will continue its recent expansion program, which has led to seven new stores opening since January 2011. With this expansion and its affordable, contemporary offer, Dwell has been one of the better performing retailers in a challenging market.

Published By Datamonitor
22 Aug 2012
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2011 was nothing for retailers to write home about

2011 was a challenging year for retail, particularly for those in home-related sectors. A stagnant housing market prevented many first-time buyers from getting on the property ladder, and homeowners were reluctant to sell in a buyer's market.

Published By Datamonitor
05 Jan 2012
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Homebase's social media strategy has a magnolia finish

Homebase has ramped up its social media strategy in a bid to drive sales amid tough market conditions; however, Verdict believes that its strategy is actually a step backward from its earlier innovations. While social media can be used to drive sales, the retailer's decision not to integrate its social media activities into its transactional website is a missed opportunity.

Published By Datamonitor
05 Oct 2011
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Crate & Barrel partners with smartphone app to drive footfall

US homeware retailer Crate & Barrel has partnered with Shopkick, a US smartphone app which incentivizes users to visit stores through discounts and a redeemable online currency known as "Kick" credits. By driving store footfall, the app complements Crate & Barrel's existing social media operations on Facebook and Twitter which promote products and address customer complaints and enquiries.

Published By Datamonitor
24 May 2011

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