Latest Intelligence on Discount, Variety and General Merchandisers in Europe

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Type Product title / description Pub Price
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

Eastern European Retail: foreign chains rattle the small shopkeepers

The new Polish government of the conservative Law and Justice party has promised to examine the encroachment of hypermarkets into the country's retail sector. However, an element of political calculation is thought to be involved in this: while about 100,000 people are employed in large stores, the retail sector as a whole employs more than 2 million, mainly in small independent shops.

Published By Datamonitor
21 Nov 2005
CommentWire
CommentWire

UK retail: bargains drying up for private equity

According to the City law firm Eversheds, the appetite amongst private equity investors for involvement in the retail sector remains healthy, despite the general pessimism over retail sales from most quarters. However in the current low growth environment, the fast-return retail bargains of previous years are becoming increasingly few and far between.

Published By Datamonitor
06 Jan 2006
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

Instore: some pound-stretching required

Shares in Instore, the parent of Poundstretcher, have fallen by 20% after the company issued its second profits warning in a month. Operational difficulties have taken their toll on the value retailer and the company has warned that annual pre-tax profits will not match last year's GBP6.8 million.

Published By Datamonitor
14 Feb 2006
CommentWire
CommentWire

Oxfam: confronting value retailers head-on

Oxfam has opened an upmarket gentleman's boutique in Mayfair, central London. The shop took GBP3,000 on its opening day, and Oxfam is hoping that the concept can be rolled out across the country to stop the devastating effect that discount clothes retailers are having on charity retail.

Published By Datamonitor
07 Mar 2006
CommentWire
CommentWire

Woolworths: looking for a sales lift

Woolworths' annual profits fell from GBP54.9 million to GBP43.7 million before tax and exceptional items. The company has reported that Christmas spending did not continue into the new year, and that it faces tough market conditions. The company will need to work hard to lift sales and boost margins this year.

Published By Datamonitor
30 Mar 2006
CommentWire
CommentWire

New Look: furthering its French foray

New Look chief executive Phil Wrigley says there will now be a second phase of trials of New Look stores outside the UK. New Look already operates the 228-strong Mim chain in France, and the retailer is examining how the two chains could work alongside each other. This cautious expansion plan should generate further growth prospects in the future.

Published By Datamonitor
18 Apr 2006
CommentWire
CommentWire

Woolworths: another disappointing performance

There is little positive in this trading update from the UK's leading variety store operator. While Woolworths has many initiatives underway designed to restore its fortunes, doubts remain as to whether these will produce the sales growth needed to ensure its long term viability.

Published By Datamonitor
28 Jul 2006
CommentWire
CommentWire

Instore: value to improve performance

Trevor Coates, CEO of Instore, has announced the discount retailer will concentrate on the value end of the market after plans to make the retailer more upmarket failed to reach expectations. Instore will also reduce its fashion offer and expand traditional discount ranges like homewares. This is a sound move for the retailer but it is likely to face some fundamental challenges.

Published By Datamonitor
18 Aug 2006

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