Author: Mintel Group Ltd.
Last saved by: HTTP server

European Retail Briefing - October 2015

ANALYST COMMENT
Fnac and Darty
The details
Darty vs Fnac
Where next?
Looking forwards or back?
EUROPEAN RETAIL SALES
Key points
Retail sales
Figure 1: Major European economies: Year-on-year retail sales value growth, 2014-15
Figure 2: Major European economies: Year-on-year retail sales volume growth, 2014-15
Inflation
Figure 3: Major European economies: All items CPI, 2014-15
Figure 4: Major European economies: Food price inflation, 2014-15
HEADLINES FOR THE MONTH
Grocers
Clothing retailers
Multi-sector retailing
DIY retailing
Electrical retailing
Homewares and furniture retailing
Home shopping
NEWS ANALYSIS – FOOD AND DRINK RETAILING
 CONVENIENCE STORES
Ireland: Applegreen UK like-for-like retail sales rise 5%
UK: M Local stores to be rebranded to My Local following acquisition
UK: Nisa wins supply deal for My Local
 GROCERS
France: Auchan launches online marketplace
France: Cora goes for a local approach for its new website
France: Louis Delhaize suffers falling sales in France
Germany: Aldi enters music streaming market
Germany: Netto prepares to join Deutschland Card loyalty scheme
Italy: Carrefour opens a new gourmet store in Milan
Italy: Italian cooperatives merge
Netherlands: Albert Heijn introduce a self-scan only store in Amsterdam
Portugal: Auchan invests in Portugese business
Portugal: Lidl Portugal launches healthy food campaign for children
UK: Aldi UK announces 2016 online launch
UK: Asda's full-year revenues dip 0.4%
UK: Brait ups its shareholding in Iceland to 57%
UK: Lidl
…announces it is to pay staff ‘a real living wage’
…to ramp up London expansion
UK: Morrisons
…alters Match & More loyalty scheme
…appoints property director to oversee store revamp
…like-for-like sales down 2.4%
…warned against launching own online operations
UK: Sainsbury’s
…is the only of the ‘big four’ to grow sales
…launches in China through Tmall
…questioned over supplier income disclosures
…sales grow 0.3% in the Q2
…seeks towns to test new food waste project
UK: Supermarkets already planning their Christmas delivery slots
UK: Tesco
…may abandon sale of Dunnhumby
…operating profits fall 55%
…rules out any further overseas sales
UK: Waitrose
…expands Pick Your Own Offers scheme
…opens in London’s regenerated Kings Cross area
…unveils new advertising campaign
 OTHER FOOD AND DRINK SPECIALISTS
UK: Greggs sales up 5% in Q3
NEWS ANALYSIS – NON-FOOD RETAILING
 CLOTHING RETAILING
Europe: H&M year-to-date sales up 22%
Europe: Ralph Lauren steps down after 50 years
Germany: Steilmann to float on the German Stock Exchange
Ireland: Avoca sales rise to €59m
Spain: Bimba y Lola reports 18.2% growth
Spain: Inditex net sales rise 17%
Sweden: H&M's growth slows to 1% in August
UK: Adidas to open new flagship store on London’s Oxford Street
UK: Austin Reed sales fall 7.8% in 2014
UK: Burberry launches Apple Music channel
UK: French Connection losses widen amid poor Spring 15 collection sales
UK: Jacques Vert relaunches popular Coatwalk charity event
UK: Jaeger owner receives bids for the business
UK: Jane Norman eyes high street return
UK: Kent & Curwen sign up David Beckham
UK: M&Co boss stands down
UK: Moss Bros like-for-like sales up 9.7%
UK: New Look unveils first standalone menswear stores
UK: Pep&Co reaches 50 stores and prepares for menswear launch
UK: River Island profits soar 70%
UK: Superdry to launch in China through joint venture
UK: Surfwear brand Saltrock plans to double store network
UK: Ted Baker sales grow 24.5%
UK: TM Lewin reshuffles senior team to prepare for growth
 FOOTWEAR RETAILING
UK: Clarks chief executive leaves with immediate effect
UK: Kurt Geiger
…eyed by Lion Capital
…full year profits up 278%
 JEWELLERY RETAILING
UK: Aurum sales rise 8% following Watch Shop acquisition
 MULTI-SECTOR RETAILING
Netherlands: Hema
…invests in a more premium store concept
…sales grow 8% in Q2
UK: Argos launches same-day delivery in the UK
UK: M&S appoints new womenswear design director
UK: Next Brand sales up 3.3%
UK: Poundland
…to raise £50m through share placing
…99p Stores acquisition gains full approval
UK: Poundworld reports surging profits
 DEPARTMENT STORES
UK: BHS secures £65m loan
UK: Debenhams faces possible boardroom revolt
UK: House of Fraser drives 30.8% online growth
UK: John Lewis
…announces Cheltenham store opening
…announces second JLAB winner
…introduces new benefits for loyalty card holders
…reports 'solid' first half
…unveils new Birmingham store
 DIY RETAILING
France: Bricorama is the latest to show interest in Mr Bricolage
Germany: Hornbach posts strong second quarter
UK: Clas Ohlson opens new format store
UK: Kingfisher makes ‘solid’ progress with turnaround plan
UK: Topps Tiles like-for-like sales grow 5.3%.
 ELECTRICAL RETAILING
France: Fnac makes a bid for Darty
UK: Dixons Carphone revenues up 8%
UK: Maplin to launch live video chat function
 MUSIC AND VIDEO GOODS RETAILING
UK: HMV global website and store expansion
 HOMEWARES RETAILING
France: IKEA opens grocery pop-up shop in Paris
Greece: JYSK expands into Greece
Sweden: Ikea boasts record sales
UK: Better Bathrooms opens first Scottish showroom
UK: DFS reports surging sales and profits
UK: Dreams increases profit forecast
UK: Dunelm
…like-for-like sales rise 5.5%
…revenues rise 12.6%
UK: Dyson to open a standalone store in London
UK: H&M opens first global homewares concession
UK: Lakeland profits more than double
UK: Loaf opens first physical store
UK: Made.com international investment leads to £5.3m loss
UK: Matalan Direct launches into bedroom furniture
UK: ScS’ concession deal with House of Fraser hits profits
 HOME SHOPPING
Europe: Amazon
…launches grocery in France and B2B website in Germany
…ramps up Munich operations
UK: Amazon
…rolls out one-hour grocery delivery in London
…to start selling groceries in London and Birmingham
UK: AO.com to report 30% rise in sales
UK: Boden sales remain flat
UK: Boohoo drives 35% growth in revenues
UK: Net-a-Porter Group appoints new President
UK: Ocado group sales rise 17.3%
UK: Shop Direct likely to shut call centres
 HEALTH AND BEAUTY RETAILING
UK: Boots pilots personalised discount scheme
UK: Superdrug launches online optician service
 GREETINGS CARD RETAILING
UK: Card Factory revenues grow by 8.0%
 SPORTS AND LEISURE GOODS RETAILING
UK: Adidas to open new flagship store on London’s Oxford Street
UK: JD Sports sales jump 21%
UK: Sports Direct
…enters into negotiations to acquire Heatons
…takes a stake in Findel
…to open more conjoined gym and store sites
UK: Wiggle to close all Homebase concessions
 OPTICIANS
UK: Vision Express sales rise by 11% in 2014
 PET RETAILING
UK: Pets at Home hires trading director
UK: The Pet Hut teams up with PDSA
 SHOPPING LOCATIONS
UK: Ashford Designer Outlet to undergo extension
UK: Birmingham Grand Central shopping centre opens its doors
UK: Stansted Airport reveals new retail additions
 ECONOMY
UK: Consumer Rights Act comes into force
UK: Plastic bag charge comes into effect
UK: Retail footfall falls 1.6% in August
UK: Retail sales rise 0.9% in August
UK: The Government unveils plans to hand local authorities powers to cut business rates
CLOTHING RETAILING – EUROPE – OCTOBER 2015
 PRIMARK/PENNEYS
What we think
Continued expansion
Tough German market
Online
Company background
Company performance
Figure 5: Primark/Penneys: Group financial performance, 2010/11-2014/15
Figure 6: Primark/Penneys: Outlet data, 2010/11-2014/15
Retail offering

This report is supplied in accordance with Mintel's terms and conditions.  
© Mintel Group Ltd.