Latest Intelligence on Department Stores

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Type Product title / description Pub Price
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Expert View

House of Fraser: building the brand

House of Fraser (HoF) has agreed to be taken over by Icelandic investment firm Baugur for GBP351 million. Although HoF has weathered a tough period it is still struggling to grow its like-for-like sales and margins. Reinvigorating House of Fraser's performance must therefore be Baugur's first priority.

Published By Datamonitor
29 Aug 2006
CommentWire
CommentWire

House of Fraser: defies economic slump

House of Fraser is performing well against the backdrop of a difficult retail environment due to the effective strategic decisions made by its new management. The department store reported a strong Christmas and has now revealed encouraging half year results. However, its latest sales were significantly boosted by new stores in Belfast and High Wycombe.

Published By Datamonitor
22 Aug 2008
CommentWire
CommentWire

House of Fraser: festive respite from troubled trading

House of Fraser has announced strong sales growth over the festive period, outstripping market expectations. However, while the recent growth in like-for-like sales demonstrates a marked turnaround on figures reported earlier in the year, it may not be enough to salvage the group's 2005 performance.

Published By Datamonitor
13 Jan 2006
CommentWire
CommentWire

House of Fraser: international influence

Revitalized competition from Marks & Spencer and John Lewis poses even greater challenges for House of Fraser. Baugur intends to scrap retail brands such as Binns, Rackhams and Army & Navy and introduce new overseas clothing brands to stores, but HoF will still struggle to maintain market share in the face of major expansion from its rivals.

Published By Datamonitor
09 Nov 2006
CommentWire
CommentWire

House of Fraser: sheltering Baugur brands

House of Fraser has confirmed that it received a 'very preliminary' approach from a potential bidder, understood to be Baugur. The suggestion has been made that Baugur's interest in House of Fraser is being led by its other retail investments in the UK - namely those businesses that have concessions in department stores.

Published By Datamonitor
04 May 2006
CommentWire
CommentWire

House of Fraser: supply and demand

Reports that House of Fraser is set to demand improved terms from suppliers follow a spate of clothing retailers making similar moves. HoF is already making progress in combating the effects of rising costs, but its recent acquisition by Baugur means that margin improvements will be given even more emphasis.

Published By Datamonitor
17 Nov 2006
CommentWire
CommentWire

House of Fraser: time running out for sales recovery

Rumours of a potential profit warning from House of Fraser come amid constant speculation over the company's future. As various trading updates have shown over recent weeks, the high street as a whole is experiencing increasingly divergent trading. While John Lewis has reported escalating trading as the weeks pass, House of Fraser, is clearly finding the going that little bit tougher.

Published By Datamonitor
13 Dec 2005
Expert View
Expert View

JCPenney hoping to take spend with private labels

At an analysts' update, JCPenney's management confirmed that, in response to the uncertain economic climate, the retailer was reducing capital expenditure to focus on driving sales and margin with private labels. With shoppers increasingly selective in their spending, JCPenney wants to ensure that it takes preference over competitors when they do spend on the high street.

Published By Datamonitor
21 Apr 2008
Expert View
Expert View

John Lewis moves with the times

For the last five years John Lewis has been putting its house in order. Company restructuring, store revamps and a product overhaul have drastically updated the image of the business and ensured a devoted following of shoppers. It is therefore unsurprising that the company can no longer see a place in its stable for Caleys of Windsor, one of the UK's oldest department stores.

Published By Datamonitor
19 Jan 2006
Expert View
Expert View

John Lewis Partnership: overseas growth can wait

It's been a long time coming, as John Lewis Partnership's management is keen on saying, but their five year effort to reshape the business is bearing fruit. Sales were up 10.6% for the year to January 2007 and the company tops Verdict Research's ranking of customer satisfaction. This will aid its expansion in the UK, but the company should not allow itself to become overambitious.

Published By Datamonitor
09 Mar 2007

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