Latest Intelligence on Department Stores

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Type Product title / description Pub Price
CommentWire
CommentWire

KarstadtQuelle: tough times in German retail

KarstadtQuelle has reported a 4% sales decline to E3.3 billion between January and March 2006, attributed to its struggling mail-order business and a late Easter. The figures reflect Germany's continued lackluster consumer spending and despite improvements from 2004 when the company almost collapsed, the group still has a long way to go.

Published By Datamonitor
09 May 2006
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KarstadtQuelle: tourism blueprint for retail?

The London listing of its Thomas Cook unit appears to have provided an indication of owner KarstadtQuelle's future plans; KarstadtQuelle CEO Thomas Middelhoff has revealed plans to float its department store chain of the same name on the London stock exchange. This would surely signal the end for the holding company - the turnaround of which the CEO was initially hired to engineer.

Published By Datamonitor
20 Jun 2007
CommentWire
CommentWire

Kohl's: exciting shoppers is key to success

US discount department store chain Kohl's is expected to be the frontrunner on same-store sales increases for September. The retailer has been raising its profile as it expands and boosting its trend-led ranges to appeal to younger and more affluent shoppers, which should help it to outpace both general merchandise and department store rivals.

Published By Datamonitor
04 Oct 2006
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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
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Marks & Spencer set to enter Egyptian retail market

As part of efforts to increase its global sales, Marks & Spencer is due to enter Egypt, with plans to open two stores in Cairo over the next two years in conjunction with the Al Futtaim Group. With growth forecast in the clothing sector and investment in shopping centers increasing, Egypt is a solid destination for the retailer.

Published By Datamonitor
27 Aug 2010
CommentWire
CommentWire

Marks & Spencer: a good Christmas for some

In Marks & Spencer's Q3 trading statement it reported yet another strong set of figures across all its divisions, proving that consumers are still prepared to spend at Christmas - but are being much more selective about where they shop, as well as how and when, with online channels proving an ever more popular choice.

Published By Datamonitor
09 Jan 2007
CommentWire
CommentWire

Marks & Spencer: back on track

Marks & Spencer has posted interim results that suggest the company is in full recovery mode, with both food and general merchandise producing strong growth, in a climate in which many competitors have struggled. CEO Stuart Rose is still cautious, but outlined further growth opportunities in new product areas and space expansion, highlighting the company's still ambitious growth plans.

Published By Datamonitor
08 Nov 2006
CommentWire
CommentWire

Marks & Spencer: electricals offer set to energize sales

With its core womenswear business largely back on track, M&S' management is under pressure from investors to maintain its pace of growth. While M&S' decision to add 13 electrical departments to its estate will help it capitalize on electricals' rapid growth, the retailer is entering an increasingly tough arena.

Published By Datamonitor
05 Sep 2006
CommentWire
CommentWire

Marks & Spencer: neat pension fund arrangement

At the end of March 2006, Marks & Spencer, like many businesses, had a deficit in its pension scheme of GBP704 million, but has come up with an innovative method of repaying this deficit. Other retailers should take note - though many will be unable to follow suit.

Published By Datamonitor
24 Jan 2007
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Marks & Spencer: positive growth in difficult climate

Up against strong comparatives, rising interest rates and unseasonal weather, commentators were predicting a rapid slowdown for Marks & Spencer's first quarter results. However, the UK retailer's performance was stronger than expected and, despite the unpredictable retail climate, the company should continue on its upward growth trend, albeit more slowly.

Published By Datamonitor
10 Jul 2007

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