Table of Contents
Highlights: July 2008
-
- Grocers
- Multi-sector retailing
- Clothing retailing
- Department stores
- Electrical Stores
News Analysis
-
- Co-ops (retail)
- UK: Co-op to reward customers as profits surge
- UK: Iceland to acquire up to 30 Somerfield stores
- Dollar Stores
- United States: 99 Cents Only Stores reports $2.9m FY profit
- United States: Dollar General posts $2.4bn in Q1 sales
- United States: Family Dollar posts Q3 results
- Grocers
- Belgium: Delhaize considers Eastern European acquisitions
- France: Auchan signs JV agreement with Dubai World's Nakheel
- France: Carrefour
- …slashes operating profit forecast
- …sales rise in H1, LFLs drop at hypermarkets
- France: Casino posts Q2 results
- Germany: EC approves Rewe proposal to acquire Adeg
- Germany: Aldi's FY German sales down
- Germany: Edeka-Tengelmann merger approved
- Hungary: EC approves Spar acquisition of Plus
- Italy: Italy's Esselunga prepares to sell to Spain's Mercadona
- Netherlands: Ahold completes sale of Schuitema stake
- Netherlands: Schuitema
- …shareholders reject buyback plan
- …CEO resigns
- Netherlands: Spar continues expansion despite tightening market conditions
- Netherlands: Super de Boer store closures result in Q2 sales decline
- Russian Federation: X5
- …increases Pyaterochka stake, signs franchise deal
- …opens first Mercado Supercenter
- …H1 sales up
- UK: Aldi plans for one UK store opening per week
- UK: Asda and Tesco start price war to win back consumers
- UK: Julian Graves
- …up for sale?
- …receives multiple bids
- UK: Morrisons creates family meal for £4
- UK: Sainsbury's
- …Q1 sales up
- …website goes into meltdown
- UK: Tesco
- …sees Fearnley-Whittingstall moves for better welfare for chickens
- …challenges Competition Commission
- UK: Whole Foods Market launches its first-ever UK marketing campaign
- United States: Ahold appoints US head
- United States: Fresh&Easy
- …to hire 750 more employees by September 2008
- … urged by Obama to unionise
- …to expand beyond West Coast
- United States: Kroger posts better-than-expected Q1 results
- United States: Publix Supermarkets acquires 49 Florida stores from Albertsons's
- United States: Safeway appoints Dietz as new VP and CMO
- United States: Supervalu names new CMO
- Off-licences
- UK: Majestic reports 3% increase in FY profit
- Clothing Retailing
- Italy: Benetton expands further into India
- Japan: Fast Retailing
- …posts Q3 results
- …sells off Aspesi stake
- Spain: Inditex reports Q1 results, confirms FY sales guidance
- Sweden: H&M reports Q2 pre-tax profit rise
- UK: Alexon chief appoints brand boss
- UK: American Eagle Outfitters president, merchandiser to depart
- UK: Arcadia boss: Things can only get... worse
- UK: Hobbs CEO steps down
- UK: House of Fraser
- …redundancies on the cards
- …implements data synchronisation service
- UK: Jacques Vert sees FY profit fall
- UK: Matalan sees FY profits double
- UK: Moss Bros’
- …Q1 LFLs drop 1.5%
- …tie sales up despite tightening market conditions
- …Gee family stake acquired by Simon Berwin
- …chairman departs
- …shareholders call for new chairman
- …and Baugur considers moving to UK following chairman's conviction
- UK: Mulberry FY sales defy gloom
- UK: Primark
- …appoints executive to ramp up European expansion
- …poaches New Look director
- …drops factories that use child labour
- …drives ABF growth in Q3
- UK: Roulette revamps website
- UK: Zara forces factory closure following BBC exposé
- Footwear Retailing
- UK: Dune to poach Shoe Studio's Egan
- UK: LK Bennett to get Jimmy Choo boss?
- UK: Stylo appoints non-executive director
- Mass Merchandisers
- Japan: Seven & I's Q1 profit falls
- Japan: Walmart’s Seiyu to invest in upgrading stores
- United States: Costco plans expansion into Australia
- United States: Kmart CMO quits to aid gay marriage fight
- United States: Wal-Mart
- …prepares to revamp US stores logo
- …to expand in Russia
- …says Marketside stores will focus on 'premium' offering
- Mixed Goods Retailing
- UK: Argos workers prepare to strike at four distribution centres
- UK: Instore
- …receives bid from Crown Crest
- …rejects 'undervalued' £11.4m bid
- UK: Woolworths
- …fined £350,000 for contravention of disclosure rules
- …CEO resigns
- Multi-sector retailing
- Belgium: Colruyt reveals better-than-expected FY profits
- Germany: Metro's Real stores under threat
- Germany: Haniel denies plans to increase stake in Metro
- Japan: Aeon
- …posts Q1 results
- … still undecided over Shimizu Yakuhin stake
- Switzerland: Migros and Shell form joint venture
- UK: Pessina and KKR to invest more in Boots
- UK: M&S
- …reports fall in Q1 LFLs
- …lets 140 UK brands onto its shelves
- …pulls out of Taiwan
- …shareholders expected to vote against Rose promotion
- United States: Walgreens' Q3 profits up 2%
- Department Stores
- Switzerland: Jelmoli CEO resigns as break-up vote approaches
- UK: Beales unveils H1 results
- UK: Debenhams
- …delays paying suppliers amid "deteriorating" trading conditions
- …posts results early to quell investors' fears
- …denies sales rumour
- UK: Fortnum & Mason's chair steps down
- United States: JC Penney to cut spending and open fewer stores
- DIY Retailing
- Germany: Hornbach posts sales growth in defiance of sector trend
- UK: Focus finance director resigns
- UK: Homebase's Q1 sales fall 5%, Argos' rise 5%
- UK: Wyevale pushes the online route
- Electrical Retailing
- UK: DSGi reports drop in FY profit
- United States: Best Buy
- …COO resigns
- … aims to double sales by 2013
- …posts Q1 results
- …ramps up China expansion
- United States: Circuit City
- …no longer an option for Blockbuster
- …Q1 sales drop
- UK: Kesa reports disappointing FY results
- Music and video goods retailing
- UK: HMV reports FY results
- UK: Zavvi launches first sale
- Carpet retailing
- UK: Carpetright publishes FY results, predicts difficult year ahead
- Furniture retailing
- UK: Habitat UK chief resigns in midst of restructuring
- UK: Land of Leather
- …to finalise underwritten equity sale
- …seeks £15m from share issue
- UK: ScS Upholstery
- …credit insurer withdraws supplier coverage
- …appoints Ernst & Young in move to restructure
- …receives takeover approach, shareholders likely to get little
- …to be taken over by Sun Capital
- …goes into administration
- United States: Pier 1 reports drop in Q1 LFLs
- Home shopping
- Germany: Otto reports lower FY figures
- UK: Asos
- …to launch online discount operation in September
- …reports staggering FY results
- …prepares to expand overseas
- UK: Lisa Snowdon signs up for new Avon lingerie campaign
- UK: Flying Brands shuts Greetings Direct following US flop
- Ideal Shopping Direct appoints new commercial director
- UK: Littlewoods
- …appoints new group finance officer
- … launches £4m ad campaign
- UK: N Brown
- …plans German offshoot
- …publishes interim trading statement
- Sports and jeisure goods retailing
- UK: Blacks rocked as insurers scale back on suppliers' cover
- UK: JJB set for lifestyle overhaul
- UK: Sports Direct profits plummet
- Jewellers
- UK: Theo Fennell posts FY results, predicting tough trading ahead
- Toys and games retailing
- UK: Game Group posts better-than-expected H1 LFLs
- Books and stationery retailing
- United States: Borders stakeholder pushes for acquisition by Amazon
- United States: Office Depot reports fall in Q2 LFLs
- Miscellaneous retailing
- UK: Specsavers to sponsor Fashion Fix
- UK: Halfords names new chief
- United States: PriceSmart sees Q3 profit more than double
Economic News
-
- Australia: Retail sales rise unexpectedly in May
- China: Retail sales up 21.6% in May
- Germany: Retail sales inch up in May
- Japan: Retail sales inch up in May
- UK: BRC reports 0.4% fall in June LFLs
- UK: CBI reports disappointing retail sales figures for June
- UK: ONS: May retail sales up 8.1%
- United States: May retail sales up 1%
Market Analysis: Furniture Retailing
-
- The European furniture market
- Market size
-
- Figure 1: Europe: Furniture market size by country, 2007
- Furniture retailers
-
- Figure 2: Europe: Furniture retailers’ sales and growth, 2003-07
- Leading players
-
- Figure 3: Europe: Top 25 furniture retailers, 2007
- Figure 4: Europe: Top 25 furniture retailers’ market shares, 2007
- IKEA leads the way
- Conforama focuses on domestic dominance
- XXXLutz growing but reliant on struggling market
- Multinational players
- E-commerce
-
- Figure 5: Europe: Leading furniture retailers’ websites, 2008
- Concentration levels
-
- Figure 6: Europe: Furniture retailers’ concentration levels, 2007
- Consumer trends
-
- Figure 7: Agreement with lifestyle statements relating to the home in France, Germany, Spain and Great Britain, 2007
-
- Figure 8: Positive change in agreement with lifestyle statements relating to the home in France, Germany, Spain and Great Britain, 2003-07
- Figure 9: Negative change in agreement with lifestyle statements relating to the home in France, Germany, Spain and Great Britain, 2003-07
- The future
- Forecasts
-
- Figure 10: Europe: Furniture retailers’ sales growth, 2003-07, 2008-12
-
- Figure 11: Europe: Furniture retailers’ sales forecast, 2008 and 2012
Company Profile: IKEA
-
-
- Figure 12: IKEA Europe: Sales as share of furniture retailers’ sales in Europe, 2003-07
- Background
- Strategic evaluation
- Financial performance
-
- Figure 13: IKEA: Group financial performance, 2002/03-2006/07
-
- Figure 14: IKEA: Largest markets, 2006/07
- Figure 15: IKEA: Sales as share of furniture retailers’ sales in France, 2002/03-2006/07
-
- Figure 16: IKEA France: Performance, 2002/03-2006/07
-
- Figure 17: IKEA: Sales as share of furniture retailers’ sales in Germany, 2002/03-2006/07
- Figure 18: IKEA Germany: Performance, 2002/03-2006/07
-
- Figure 19: IKEA: Sales as share of furniture retailers’ sales in Sweden, 2002/03-2006/07
- Figure 20: IKEA Sweden: Performance: 2002/03-2006/07
-
- Figure 21: IKEA: Sales as share of furniture retailers’ sales in UK, 2002/03-2006/07
- Figure 22: IKEA UK: Performance, 2002/03-2006/07
- Store portfolio
- Retail offering
- Retail offer
- Market positioning
- e-commerce
-
- Figure 23: IKEA: Websites
-
Back to top