Latest Intelligence on Retailing

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Type Product title / description Pub Price
CommentWire
CommentWire

Woolworths: still struggling

UK variety retailer Woolworths' 4.6% decline like-for-like sales decline over the Christmas trading period seems like a relative improvement against a 6.5% like-for-like nosedive in the 18 weeks to December 2. But on a more meaningful long-term comparative, there is little room for seasonal cheer, with this year's sales performance the worst since the company was demerged from Kingfisher in 2001.

Published By Datamonitor
17 Jan 2007
CommentWire
CommentWire

Woolworths: soldiering on

UK retailer Woolworths has announced a marginal fall in like-for-like sales in its retail division for the 38 weeks to October 27. While its retail business faces a tough future, its wholesale business has been going from strength to strength, posting growth of 61.9%, helped by a number of acquisitions.

Published By Datamonitor
01 Nov 2007
Expert View
Expert View

Woolworths: shuffling deckchairs on the Titanic?

Woolworths is failing to capitalize from consumers wanting to shop more cheaply, as other value retailers benefit from price conscious shoppers choosing to trade down and make their purchases more locally. With both sales and margins falling, the retailer is in a perilous position as it approaches the key Christmas period without a chief executive.

Published By Datamonitor
29 Jul 2008
Expert View
Expert View

Woolworths: searching for a new leader and a new direction

Having parted company with its chief executive Trevor Bish-Jones after six years at the helm, the future direction of Woolworths is now uncertain. Despite a valiant effort, Mr Bish-Jones has ultimately failed to turn the troubled chain around, with the ongoing difficulties highlighted in a 2.2% fall in like-for-like sales of its retail arm for the 19 weeks to June 14, 2008.

Published By Datamonitor
18 Jun 2008
CommentWire
CommentWire

Woolworths: price check service adds little value for customers

The new price checking feature on Woolworths' website allows consumers to look up prices for more than 5,000 grocery items. This feature is an important step towards improved transparency by retailers, but it does little in the way of improving the customer experience or ensuring that they obtain the best deal when shopping.

Published By Datamonitor
01 Mar 2010
CommentWire
CommentWire

Woolworths: online is the future

Following Tesco and Asda's recent announcements that they are to stop stocking CD singles, Woolworths has revealed that it will also stop selling CD singles in its remaining 400 stores that stock them. The retailer's announcement not only signifies another nail in the coffin of the physical single, but also another escalation in an increasingly fierce digital-download market.

Published By Datamonitor
27 May 2008
Expert View
Expert View

Woolworths: multichannel strategy unlikely to solve problems

Woolworths has reported that first half like-for-like sales at its eponymous high street chain have dropped by 8.3% - despite an undemanding -4.0% comparative. While the company is fighting back with a multichannel strategy and a new focus on childrenswear, these are high risk ventures that are unlikely to deliver significant sales uplifts.

Published By Datamonitor
20 Sep 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
Expert View
Expert View

Woolworths: last roll of the dice?

The odds on a break-up of Woolworths shortened as the UK's biggest general merchandise retailer was forced to announce a profit warning in the middle of the crucial Christmas Trading season. While Woolworths will not be the only retailer to struggle this Christmas, its options for rebuilding the business are very limited.

Published By Datamonitor
06 Dec 2006
CommentWire
CommentWire

Woolworths: Ladybird to spread its wings

Woolworths plans for standalone and shop-in-shop stores for the Ladybird brand in the UK forms part of the retailer's plans to develop the brand as a global operator. However, it faces tough conditions in the UK market and this strategy is unlikely to build up the retailer's market share significantly.

Published By Datamonitor
25 Jul 2006

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