Latest Intelligence on Home Furniture and Housewares in North America

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Type Product title / description Pub Price
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Sears Holdings: predicting weak Q2 results

Sears Holdings has forecast a decline in second quarter sales and profits. Kmart and Sears stores, the group's domestic divisions, produced negative like-for-like sales for the quarter ended August 4, 2007. The group also expects net income for the quarter will fall short of forecasts and be considerably lower than 2006. Going forward, Sears faces challenges growing both topline sales and profit.

Published By Datamonitor
15 Aug 2007
Expert View
Expert View

Retail locations: out-of-town remains the prime location for retail growth

Over the last 10 years, out-of-town has consistently outperformed both town center and neighborhood, with average annual growth of 2.5% between 2004 and 2009, compared with 1.4% for neighborhood and 0.2% in town centers. Verdict expects out-of-town to continue to outperform due to food & grocery reliance, its relevance as a click & collect point, and the entrance of new retailers to the sector.

Published By Datamonitor
25 Nov 2010
CommentWire
CommentWire

PPR: outstanding 2007 performance

French group PPR achieved strong growth in 2007; overall revenues grew by 16.1% to E19.8 billion, or 7% on a like-for-like basis. As the group's 2007 operations were impacted upon by the acquisition and integration of Puma, it is clear that the company has not taken its eyes off the ball. Although PPR's future outlook is broadly positive, worries remain about Conforama and Redcats.

Published By Datamonitor
27 Feb 2008
Expert View
Expert View

Klaussner: in administration once more

Beleaguered furniture retailer Klaussner has fallen into administration for the second time in the space of two years. Its high cost base and poor management, allied with a challenging retail environment are to blame for what will certainly be its final demise.

Published By Datamonitor
14 May 2007
Expert View
Expert View

Kingfisher: positive results but tough times ahead

Home improvement retailer Kingfisher has experienced a largely positive 2010 so far, with retail profit boosted by an increased focus on cost efficiency and cash generation. However, with its key markets - particularly the UK and Ireland - showing no imminent signs of significant upturn, 2010 is shaping up to be a difficult year for the group.

Published By Datamonitor
26 Mar 2010
CommentWire
CommentWire

HRG: spreading the risk

The benefits of a multi-channel, multi-fascia retail business were shown when the UK's HRG reported contrasting fortunes for its two retail brands, Homebase and Argos, over the last quarter. While there is a certain amount of crossover between the two businesses, each one's different focus helps insulate the group from poorly performing markets.

Published By Datamonitor
13 Sep 2007
CommentWire
CommentWire

Hermes: bags strong growth in Asia

Hermes has reported a resilient performance in the first quarter of 2009, with sales up 3.2% to E428.4 million. Turnover was driven by sales of leather goods, especially in Asia, while favorable currency effects helped to further boost revenue. However, a weaker performance in other product categories and softening demand in Europe pose problems for the future.

Published By Datamonitor
08 May 2009
Expert View
Expert View

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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