Latest Intelligence on Department Stores

Published within

« | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | ... | » »|

Type Product title / description Pub Price
Expert View
Expert View

John Lewis's famed service will help it win a greater share of GBP9.7bn spend from overseas visitors

John Lewis's move into airport retailing will provide it with a huge opportunity to raise its brand profile among international shoppers, making it as much a destination as Selfridges or Harrods. With Verdict forecasting that retail spend from overseas visitors will rise by 71.2% by 2018, John Lewis is right to fight for its share by promoting its brand credentials in a major travel hotspot.

Published By Datamonitor
02 Jul 2013
Expert View
Expert View

Future-proofing key for Debenhams flagship renovation

Debenhams' refurbishment of its Oxford Street flagship store, at a cost of GBP25m over three years, aims to redefine the brand. The flagship has suffered from underinvestment, and sits below par in terms of customer experience. Verdict believes the revamp will bring the store in line with rivals; however, Debenhams should be future-proofing the store to maintain its relevance in the next decade.

Published By Datamonitor
06 Jun 2013
Expert View
Expert View

Trinity Leeds shopping center will boost city's retail outlook

Retail development Trinity Leeds, developed by Land Securities, opened its doors on 21 March 2013 with more than 70 retailers ready for business. The development is set to revitalize retail in Leeds, with more than 40 big names coming to the city for the first time.

Published By Datamonitor
21 Mar 2013
Expert View
Expert View

Christmas trading: retailers must continue to develop online offerings to beat the showrooming trend

Christmas 2012's trading results are in, and the retail winners have clearly been those that have invested in innovative online operations. Nowhere has this been more obvious than in the clothing & footwear sector. Department stores have also thrived, as retailers have been investing in creating desirable shopping destinations and websites.

Published By Datamonitor
19 Feb 2013
Expert View
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
Expert View
Expert View

Department stores need to bolster their online services to exploit growing Internet sales

Verdict has revealed that more than GBP2.5bn of the UK's department store sales will come from online by 2017. As department store websites become more commonplace, delivery innovations such as annual subscriptions, click & collect, and m-commerce will become must-haves.

Published By Datamonitor
08 Feb 2013
Expert View
Expert View

Department stores well-placed due to Christmas triumph

Strong Christmas results from the UK's leading department stores indicate a resurgence in the channel. While the department store model lends itself well to the gift-giving period due to its wide product range, other elements of the business - namely online - have come to the fore, which will provide growth opportunities in the coming years as long as sufficient investment is made.

Published By Datamonitor
15 Jan 2013
Expert View
Expert View

Dependence on the Spanish market weakens El Corte Ingles' sales

Leading European department store operator El Corte Ingles has reported a 3.9% decline in turnover as shoppers switch to cheaper rivals due to squeezed disposable incomes. As the tough trading environment in Spain continues, the retailer may regret its cautious approach to international expansion and its reliance on Spain. It needs to act swiftly to halt sliding sales and regain consumer loyalty.

Published By Datamonitor
30 Aug 2012
Expert View
Expert View

Nordstrom's strong customer service boosts sales amid a challenging US market

Luxury department store operator Nordstrom has reported 12.7% revenue growth in FY2012, outperforming other US department stores Macy's, Kohl's, and Dillard's. While the economic difficulties in the US market have heavily impacted other players, such as Sears and JCPenney, Nordstrom has bounced back from a poor FY2009, having benefitted from demand for high quality luxury goods.

Published By Datamonitor
20 Feb 2012
CommentWire
CommentWire

Sears: store closures alone cannot halt the retail giant's decline

Sears has been unable to take advantage of increased consumer spending in the run up to Christmas, and has posted a decline in same-store sales. While the company has proposed store closures to minimize costs, its continued diminishing sales highlight more fundamental issues with its proposition, which need to be resolved swiftly before losing more customers and market share to competitors.

Published By Datamonitor
04 Jan 2012

« | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | ... | » »|

No help is available.