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Pub
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CommentWire
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Woolworths has become the first Australian company to launch a credit card with a sophisticated loyalty program, capable of collating data regarding consumer purchases. This data will eventually be utilized in Woolworths' marketing efforts, and is seen as even more important than the financial aspect of the card.
Published By Datamonitor
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28 Aug 2008 |
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Expert View
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Tesco is comfortably riding out the challenging trading conditions facing UK retailing, recording pre-tax profits of GBP2.95 billion for the 52 weeks to February 28. Although exposure to non-food and the impact of its Discounter brand have dented sales growth, the supermarket's international credentials and ability to diversify into new markets will see it continue to prove a formidable retailer.
Published By Datamonitor
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21 Apr 2009 |
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Expert View
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Fears of a major slump in the previously buoyant video games market have been realized by a trading update from market leader Game Group. The highly cyclical nature of the sector has been highlighted by the dual release of Game's figures for the 53 weeks to January 31, 2009, in which total UK and Ireland sales were up 25.7%, and for the 11 weeks to April 18, 2009, in which they were down 2.4%.
Published By Datamonitor
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23 Apr 2009 |
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Expert View
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Asda delivered an impressive 12th successive quarter of market out-performance in Q1 2009, with like-for-like sales increasing by 8.4%. While Asda's strong price proposition is attractive to the current frugal consumer, therefore boosting growth, the retailer must continue to improve its quality perception to ensure that this performance is maintained in the long term.
Published By Datamonitor
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15 May 2009 |
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Expert View
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European retail giant Metro Group has launched its multi-brand Payback loyalty card in Poland. The card will be accepted at Metro's hypermarket chain Real and BP service stations, as well as by other companies. The move is expected to be a success: the loyalty card is attractive to consumers and provides companies with additional insight not available from a single-brand loyalty scheme.
Published By Datamonitor
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05 Oct 2009 |
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CommentWire
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The newly christened Tesco Bank has parked its tanks on the banking world's lawn, declaring plans to offer both current accounts and mortgages to its customers, although not until the second half of 2010 at the earliest. By opting to wait up to a year or more, Tesco Bank could be missing a unique opportunity to capitalize on current consumer anger with the established banks.
Published By Datamonitor
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08 Oct 2009 |
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Expert View
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Online retailers in the UK are being investigated by the Office of Fair Trading for target pricing practices, the act of altering the price of goods according to users' online purchasing history. Regulation around the use of users' cookie data is either loose or non-existent, but retailers must use online customer data in an ethical manner to ensure continued customer brand loyalty.
Published By Datamonitor
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21 Oct 2009 |
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Expert View
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Barclaycard's announcement of the forthcoming launch of its Freedom loyalty scheme is a reflection of the increasing use of such initiatives by UK retailers. Loyalty programs can act as important footfall drivers and the data derived from them can allow for important consumer insight. However, it is important that their use is made attractive to consumers and retailers alike.
Published By Datamonitor
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28 Jan 2010 |
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Expert View
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After entering a number of new markets this year, Inditex is poised to enter the Australian and South African markets in 2011. Its plans for expansion, which include introducing global online retail platforms, will ensure that it keeps one step ahead of its international rivals, and will provide an opportunity for rejuvenation in the local clothing markets.
Published By Datamonitor
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20 Jul 2010 |
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CommentWire
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US clothing retailer Gap has opened its first store in Australia in a bid to capitalize on the market's potential, stating that it intends to focus its brand positioning on product quality rather than discounting. However, as Australian consumers are continuing to be driven by value, Gap will have to offer a compelling proposition in order to gain favor among the growing legion of bargain hunters.
Published By Datamonitor
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15 Sep 2010 |
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