Table of Contents
European Retail Sales
-
- Key points
-
- Figure 1: Major European economies: Year-on-year retail sales value growth, 2015-16
- Figure 2: Major European economies: Year-on-year retail sales volume growth, 2015-16
- Inflation
-
- Figure 3: Major European economies: All items CPI, 2015-16
- Figure 4: Major European economies: Food price inflation, 2015-16
Headlines for the Month
-
- Grocers
- Clothing retailing
- Electrical retailing
- Sports goods retailing
News Analysis – Food and Drink
-
- Convenience stores
- UK: Budgens and Londis deliver growth for Booker
- UK: Simply Fresh partners with NHS Scotland with new health-focused c-store
- Grocers
- Belgium: Lidl launches online offering in Belgium
- France: Carrefour launches its first dedicated Bio campaign
- France: Casino outlines 90 minute delivery plans
- France: Intermarché and Netto Europe sales edge up 0.7%
- Germany: Metro
- …looks to foreign buyers for sale of Real
- …to demerge into two independent groups
- Germany: Rewe Group enjoys 12% increase in profits
- Netherlands: Albert Heijn cuts down non-food range
- Netherlands: Plus eyes online expansion
- Poland: Carrefour reveals Polish expansion plans
- Spain: Bio c' Bon plots expansion in Madrid
- Spain: Aldi opens new stores in Spain
- UK: Lidl launches My Lidl members club
- UK: Morrisons
- …profits tumble 30%
- UK: Ocado gross retail sales up in Q1
- UK: Sainsbury’s
- …announces restructuring of store training teams
- …considers upping bid for Argos
- …highlights personalised offers in new campaign
- …like-for-like sales edge up 0.1%
- …makes £1.4bn bid for Home Retail
- …puts an end to Brand Match
- UK: Tesco
- …calls time on Nutricentre business
- …eyes remaining stake of Tesco Mobile
- …introduces value-led Farm ranges
- …launches wonky veg box
- …mulls sale of Giraffe business
- …to launch own mobile payment service
- UK: The Co-operative Food
- …sales grow 1.6%
- …mulls sales of Somerfield stores
- …partners with ParcelShop
- …pledges £11m investment in Wales
- …reveals ambitious UK expansion plans
- UK: Waitrose
- …launches first ever gardening magazine
- …reveals new premium own-label brand
- …set to open UK’s first cashless store
- …trials self-scanning in store
- Other food and drink specialists
- UK: Naked Wines hits record £100m sales
News Analysis – Non-food
-
- Clothing, footwear and accessories retailing
- Europe: H&M sales increase 9% in first quarter
- Netherlands: Hans Anders expands and shakes off discount image
- Spain: Bimba y Lola delivers 17.4% rise in sales
- Spain: Inditex like-for-like sales jump 8.5%
- UK: Bonmarché
- …appoints Asda buying director as CEO
- …lowers profit expectations
- UK: Clarks Village attracts seven new retailers
- UK: Ernest Jones sales rise 8.7%
- UK: French Connection’s losses widen as sales fall
- UK: Jack Wills eyes UK and Asian expansion
- UK: Jimmy Choo boosted by new store openings and strong growth in Asia
- UK: Mamas & Papas unveils new concept
- UK: Mango introduces discount line to attract young shoppers
- UK: Michael Kors unveils wearable tech range
- UK: Next full-year group sales rise 3.0%
- UK: Oliver Bonas launches catalogue to drive online sales
- UK: Ted Baker’s profits surge 20.3%
- UK: Timberland opens new London store with in-house cobbler
- UK: Whistles acquired by Phase Eight owner
- Multi-sector retailing
- Europe: Mercator invests €50m in Montenegro
- France: Orchestra Prémaman drives 16.3% increase in sales
- UK: Home Retail Group
- …board recommends Sainsbury's offer
- …reports mixed results for “eventful” 2015
- UK: Marks and Spencer UK like-for-like sales slip 1.1%
- Department stores
- UK: Bhs
- …confident CVA will go ahead despite landlord resistance
- …creditors approve rent cuts
- …sells Oxford Street flagship lease
- …..pension deficit bill may be given to Sir Philip Green
- UK: Harrods managing director to stand down
- UK: John Lewis
- …JLAB launches with a focus on health and convenience
- …opens Birmingham tech hub
- …sales grow 2.5%
- …unveils smart home department
- DIY retailing
- France: Intermarché and Netto Europe sales edge up 0.7%
- Germany: Hornbach Group sales increase 5.1%
- UK: Clas Ohlson to close seven stores
- UK: Kingfisher profits fall 20.5%
- UK: Screwfix trialling two-hour delivery service
- UK: Topps Tiles first half sales rise 4.7%
- Electrical retailing
- Belgium: Fnac and Darty merger approved in Belgium
- Belgium: Media Markt rolls out ‘Solutions Corner’
- UK: Bang & Olufsen reveals UK expansion plans
- UK: Dixons Carphone acquires TV and telecoms switching platform
- UK: Maplin invests £3m reducing prices
- UK: Steinhoff shuns Argos for Darty
- Furniture retailing
- UK: DFS reports 12.3% rise in profits
- UK: IKEA launches virtual reality kitchen
- UK: Lombok
- …plans £15m sale
- …reports strong like-for-like growth
- UK: VictoriaPlum relaunches MFI brand with new collection
- Homewares retailing
- UK: Dunelm enjoys growth on the back of its Winter Sale
- UK: Hillarys launches first carpet range and new campaign
- UK: Laura Ashley to launch as a department store concession as sales fall 4.6%
- UK: Steamer Trading acquires Divertimenti
- Home shopping
- UK: AO World trades ahead of expectations in Q4
- UK: Boohoo launches standalone menswear site
- UK: Notonthehighstreet in talks to raise £25m
- UK: Shop Direct rolls out size comparison tool
- UK: Wiggle trials cycle service and repair offer
- Health & beauty retailing
- France: L'Oréal Luxe launches beauty box site
- UK: Boots UK reveals rise in second quarter sales
- Book, greeting card and stationery retailing
- UK: Card Factory delivers another record year
- UK: Foyles delivers 4.3% sales growth
- UK: WH Smith introduces digital displays into store windows
- Game and video retailing
- UK: Game revenues tumble in "challenging" UK market
- Sports goods retailing
- Netherlands: JD Sports
- …acquires Aktiesport and Perry Sport
- …confirms €26.5m Dutch acquisitions
- UK: Go Outdoors takes advantage of surging bicycle demand
- Shopping locations
- UK: Bank holiday footfall declines as storms hit
- Economy
- UK: February retail sales rise 3.8%
- UK: MP's vote against changes to Sunday trading laws
- UK: Retail footfall declines 1.1% in February
- UK: The Budget: Changes in business rates designed to help retailers
Department Stores – Europe, April 2016: El Corte Inglés (Department Stores)
-
- What we think
- Upward turn in operating profits
- Change at the top hails a new era
- Possibilities abroad, priorities at home
- Positive improvements made
- Online offering
- Company background
- Company performance
-
- Figure 5: El Corte Inglés (Department Stores): Group financial performance, 2010/11-2015/16
-
- Figure 6: El Corte Inglés (Department Stores): Outlet data, 2011/12-2015/16
- Retail offering
Back to top