Skip to content

What’s happening in retail & with brands – trends for week ending 26th July 2013

July 29, 2013

Company Results

B&Q have reported a 1.7% increase in total sales for the 10 weeks to 13 July 2013. Like-for-like sales increased by 1.9% for the same period.
Carpetright have reported a 3.5% decrease in sales for the 12 weeks to 20 July 2013. UK sales decreased by 3.3% while UK like-for-like sales decreased by 1.9% for the same period.
Carphone Warehouse Europe have reported a 5.2% increase in revenue to £816m for the quarter to 29 June 2013. Like-for-like revenue increased by 10.6% for the same period.
Findel have reported a 3.9% increase in group sales for the 16 week period to 23 July 2013.
John Lewis have reported a 1.2% decrease in sales (including VAT) for the week to 20 July 2013. Electricals & Home Technology increased by 7.0%, while Fashion and Home sales decreased by 0.2% and 10.0% respectively. Sales at johnlewis.com increased by 8.9%.
John Lewis have reported a 1.2% decrease in sales (including VAT) for the week to 20 July 2013

Kingfisher have reported a 5.2% increase in total group sales for the 10 weeks to 13 July 2013. Total group like-for-like sales increased by 2.5% for the same period. UK & Ireland sales increased by 3.6% while UK & Ireland like-for-like sales also increased by 2.5%.
Screwfix have reported a 17.8% increase in total sales for the 10 weeks to 13 July 2013. Like-for-like sales increased by 6.6% for the same period.
Travis Perkins’ consumer division, including Wickes DIY, Toolstation and Tile Giant, have reported a 0.2% decrease in revenue to £586.6m for the six months to 30 June 2013. Like-for-like sales declined by 1.1% for the same period. (Source: Retail Bulletin)
Waitrose have reported an 11.8% increase in sales (including petrol) for the week to 20 July 2013.
Wilkinson have reported a 2.3% decrease in sales to £1.5bn for the 53 weeks to 02 February 2013. Pre-tax profit increased by 21.0% to £27.5m for the same period. (Source: Retail Week)

Non-fashion demonstrated modest growth, albeit off a low base. Sporting gear was once again boosted from the sunshine whilst gifting and jewellery retailers generally posted weaker figures.

A poor result for the fashion index with polarised results across the board. Mainstream fashion actually provided strong signs of growth whilst some of the more specialist retailers failed capture consumer demand.

Effectively flat this week for the homewares index with mixed results across retailers. Furniture retailers provided the strongest results this week whilst department stores struggled.

Respectable levels of growth in the non-store index this week with demand seemingly unaffected by the warm weather that is warding consumers away from the high street and into the parks. Results for non-fashion out stripped those of fashion and homewares.

Clothing, Footwear & Accessories

– Britain’s biggest indoor ski slope will be built next to the Olympic Park under plans being drawn up by shopping centre developer Westfield, Boris Johnson said on Thursday.
Britain’s biggest indoor ski slope will be built next to the Olympic Park under plans being drawn up by shopping centre developer Westfield, Boris Johnson said on Thursday.

Fat Face are planning to expand into the US and open three outlets and a dedicated US website within the next two years. (Source: Financial Times)
M&S are planning to launch their ‘Best of British range’ of suits in October 2013. The suits will be sold in five of M&S’s British shops, online and in their shops in Paris and Shanghai. (Source: Mail Online)
Nicole Farhi have been bought out of administration by Maxine Hargreaves-Adams, the daughter of Matalan founder John Hargreaves. The sale includes all of the retailer’s six stores, nine concessions in UK and Ireland, and the wholesale and online parts of the business, securing around 140 jobs in the UK. (Source: The Guardian)
SuperGroup have signed a 10 year distribution deal with F J Benjamin to expand in Asia. F J Benjamin will open three stores in Kuala Lumpur by early 2014, with the first store opening at Pavilion retail centre in November 2013. (Source: The Telegraph)
– France’s official human rights watchdog is investigating the US clothes retailer Abercrombie and Fitch over possible discrimination based on job applicants’ physical appearance.
France’s official human rights watchdog is investigating the US clothes retailer Abercrombie and Fitch over possible discrimination

Electrical & Entertainment

Amazon have introduced a £10 minimum spending threshold for their ‘super saver’ delivery service. (Source: The Drum)
Argos have launched a new contract mobile phone service, enabling the retailer to sell smartphone handsets and offer contract tariffs with various mobile networks. (Source: Retail Gazette)

Food & Drink

Morrisons have formally completed their tie-up with Ocado, which will allow the grocer to utilise the retailer’s technology and sell food online. (Source: Retail Week)
Morrisons have formally completed their tie-up with Ocado, which will allow the grocer to utilise the retailer’s technology and sell food online

According to a new report by Verdict, click & collect purchases will grow by more than two thirds to be worth over £4bn in 2018. Although the growth in click & collect will be rapid, it will still only be worth around 8% of online sales in 2018, and just 1.2% of total retail sales. Verdict surveyed 10,000 online shoppers and 27% of these respondents said they expected to increase their use of click & collect.

The research found that clothing and footwear has the highest penetration of click & collect, with 23.5% of online shoppers and 46.5% of click & collect users having used the service in the sector. The second-placed sector is electricals, which has 15.4% penetration of online shoppers and 30.6% of click & collect users. The research also found that women are more likely to pick up online purchases from stores than men, making up 54% of users. The typical click & collect user is between 25 to 44 years old, and in the most affluent AB socio-economic group.

Household

Hobbycraft are planning to launch a performance marketing programme as part of their multi-channel strategy. (Source: The Drum)
JYSK are planning to open a new store in Pontefract at the end of August 2013. The store will be the Danish company’s eighth UK store. (Source: Retail Bulletin)
Superdrug have launched an online doctor service on 23 July 2013, in partnership with Health Bridge. The service allows customers to order prescriptions and home test kits without having to visit their GP. (Source: Retail Week)

Courtesy of ‘The Thinker

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: