Latest Intelligence on Home Furniture and Housewares

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Type Product title / description Pub Price
Expert View
Expert View

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
Expert View
Expert View

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
CommentWire
CommentWire

Allied Carpets: allied to new owner

Allied Carpets has finally been sold, having been put up for sale prior to Christmas 2008. The new owners were no doubt attracted to the retailer by its lack of debt and potential as the second biggest player in the floorcoverings market. However, with a terrible trading record over the last decade and dire conditions in the floorcoverings market, turning the business around will be no small task.

Published By Datamonitor
25 Mar 2009
Expert View
Expert View

Argos knocks MFI off top spot to become furniture market leader

A new report published this week by retail analysts Verdict Research, part of the Datamonitor Group, reveals that catalogue retailer Argos is set to become furniture market leader, taking the top spot from MFI, which has reigned over the market for more than 20 years. Furthermore, Verdict expects that MFI - which came under new ownership in 2006 - will also fall behind DFS and Ikea.

Published By Datamonitor
14 Dec 2006
Expert View
Expert View

Asda Living: rollout plans build pace

Asda has appointed a managing director for its Asda Living unit. For three years Asda has talked of grand plans for its Living format, but has so far opened only 10 stores. While there remain obstacles ahead, the retailer's appointment of an MD for the business unit is a positive move and takes Asda a step further to realizing its ambition for a 300-store estate.

Published By Datamonitor
18 Jul 2007
CommentWire
CommentWire

Bhs: neglected retailer in need of investment

Philip Green has admitted that Bhs profits are likely to be 30% lower than in 2004, as the clothing retailer is squeezed by value operators such as Primark and Peacocks. A lack of investment and a failure to create a strong brand proposition has left the chain trailing behind the cheaper newcomers.

Published By Datamonitor
03 Mar 2006
CommentWire
CommentWire

Bhs: profits take a dive

Bhs Group reported a decline of 36% in its operating profit for the year ending March 2008, which was much greater than the sales decline of 1.4%, reducing operating margin from 6.0% to 3.9%. It is likely that Bhs Group's UK stores are performing even worse, highlighting the challenges that the retailer faces if it is to grow its profits.

Published By Datamonitor
07 Oct 2008
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

Carpetright: aggressive physical expansion drives growth

Despite flat like-for-like growth, Carpetright continues to dominate the UK floorcoverings market. However, with the floorcoverings market forecast to grow just 0.9% in 2007 and store saturation on the distant horizon, Carpetright will need to target international expansion more aggressively if it is to continue its relentless pursuit of growth.

Published By Datamonitor
31 Jan 2007
CommentWire
CommentWire

Carpetright: covering new ground

Carpetright has reported a 0.2% gain in underlying sales in the first 13 weeks of its second half, which included the Christmas 2005 period. While this sales growth would not normally be grounds for celebration, the results represent something of a return to form for Carpetright and should aid the company in its international expansion plans.

Published By Datamonitor
01 Feb 2006

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