Latest Intelligence on Home Furniture and Housewares

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Type Product title / description Pub Price
CommentWire
CommentWire

Dunelm: strong performance continues

Home furnishings retailer Dunelm Mill has enjoyed a solid first half of trading, reporting an increase of 10.6% in total sales and a 4.9% increase in like-for-like sales. Though there is much potential for new space in the coming years, continuing strong like-for-like uplifts could prove more challenging.

Published By Datamonitor
08 Jan 2008
CommentWire
CommentWire

Dunelm: timely new stores help buck the market

Dunelm has posted a robust set of results for the 26 weeks to December 27, 2008, with like-for-like performance plummeting 5.6%, but overall sales growth at a respectable 2.3%. Tight cost management and a strong value proposition have undoubtedly been major factors in this strong performance, but it is new stores which have made the crucial difference - and will continue to do so in 2009.

Published By Datamonitor
06 Jan 2009
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
CommentWire
CommentWire

Floors 2 Go: carpets make a comeback

UK consumers are shunning laminate flooring in favor of woven alternatives, leaving Floors 2 Go in a precarious position. But Floors 2 Go has also built a reputation in the more promising segment of wood floors, leaving the retailer well placed to turn around its fortunes.

Published By Datamonitor
04 Jul 2006
Expert View
Expert View

Floors-2-Go becomes 35th retailer to enter administration this year

Floors-2-Go has entered administration, becoming the latest victim of the consumer downturn. After struggling against the expansion of the non-specialists and the extremely hostile trading conditions facing big ticket retailers, particularly those related to the housing market, Floors-2-Go has become the 35th retailer, and the 12th housing-related retailer, to succumb to the pressure this year.

Published By Datamonitor
23 Jul 2008
CommentWire
CommentWire

Focus & MFI: merging struggling retailers rarely creates a stronger business

Apax Partners' proposal for a possible merger between Focus, the DIY retailer in which it has a 30% stake, and the retail arm of MFI for which it is currently bidding, is doomed to failure. While both retailers share similar difficulties, a viable retailer will not be created by joining the companies.

Published By Datamonitor
14 Jul 2006
Expert View
Expert View

Furniture retailers braced for slowdown after resilient 2007 performance

Despite a looming economic downturn, furniture & floorcoverings retailers have enjoyed a rise in sales in 2007, according to the latest report by Verdict Research. The retail analysts estimate that the UK furniture & floorcoverings market will grow at its fastest pace for three years in 2007. However, stripping out the sales boost from higher inflation, year-on-year volume growth will be lower.

Published By Datamonitor
27 Nov 2007
Expert View
Expert View

Gruppo Coin: going Upim the world

Gruppo Coin has cemented its position as Italy's leading clothing retailer with its acquisition of department store chain Upim. The deal will provide a significant boost to the group's turnover, which combined with the ongoing revitalization and international expansion of its fast-fashion chain OVS, should help sales breach the E2 billion mark in the next three years.

Published By Datamonitor
28 Jan 2010
CommentWire
CommentWire

H&M: homewares delay

With like-for-like growth at 5.5% for the nine months to August 31, the recent move into China on track, and more store openings due for the fourth quarter, the outlook for fashion retailer H&M should be bright. However, the delay in introducing its dedicated homewares offer means the Swedish retailer is falling further behind its main competitor Inditex.

Published By Datamonitor
28 Sep 2007
CommentWire
CommentWire

H&M: retailer faces heavy squeeze in H2, despite strong H1 profits

Although H&M's Q2 and H1 trading results showed impressive profit growth and an extremely high profit margin, like-for-like sales were badly hit over the spring. Moreover, its exposure to currency fluctuations and relatively long stock rotation period mean that H&M will be heavily impacted by dampened consumer spend in H2. As such, continued aggressive expansion will remain its key strategy.

Published By Datamonitor
29 Jun 2010

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