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What’s happening in #retail & with brands – trends for w/e 24th April 2015 #retailtrends #retailnews #marketingweek #eventmagazine

April 27, 2015

Company Results

Carpetright have reported a 5.4% increase in group sales for the 12 weeks to 18 April 2015. Total UK sales increased by 9.0% while UK like-for-like sales increased by 10.5% for the same period.
House of Fraser have reported a 5.8% increase in like-for-like sales for the year to end January 2015. Online sales increased by 32% for the same period. (Source: Retail Bulletin)
House of Fraser have reported a 5.8% increase in like-for-like sales for the year to end January 2015

The Hut Group have reported a 39% increase in group sales to £244m for the year to 31 December 2014. International sales increased 74% to £113.3m for the same period. (Source: Retail Week)
John Lewis have reported a 4.0% decrease in sales for the week to 18 April 2015. Fashion sales increased by 4.4% while Home sales decreased by 5.2%. Electricals & Home Technology sales decreased by 10.3%. Sales at johnlewis.com increased by 20.7%.
Pets at Home have reported a 9.6% increase in revenue to £729.1m for the 52 weeks to 26 March 2015. Like-for-like sales increased by 4.2% for the same period.
Primark have reported a 12% increase in sales to £2.5bn for the 24 weeks to 28 February 2015. Operating profit increased by 8% to £322m for the same period while like-for-like sales remained unchanged as compared with previous year.

Primark have reported a 12% increase in sales to £2.5bn for the 24 weeks to 28 February 2015

Tesco have reported a 3.0% decrease in total group sales (including VAT) to £69.7bn for the 53 weeks to 28 February 2015 while UK sales decreased by 1.7% to £48.2bn. UK like-for-like sales (excluding petrol) decreased by 3.6% for the same period. Losses before tax were reported at £6.4bn.
Travis Perkins have reported a 7.2% increase in total group sales for the quarter to 31 March 2015. Like-for-like sales increase by 5.1% while sales for the consumer division increased by 8.7% for the same period. Like-for-like sales for the consumer division increased by 6.0%.
Waitrose have reported an 18.2% decrease in sales (including petrol) for the week to 18 April 2015.

Lifestyle like-for-like sales slumped saw the biggest fall of all categories this week (-8.3%). Sales were down across all retailers, and it was those who rely heavily on outlets within high street locations that saw the biggest declines. Department stores were the biggest underperformers and even retailers which specialise in sales of outdoor goods largely saw like-for-like declines – despite the improving weather conditions.

Fashion like-for-likes also fell again this week (-2.7%), although the slide does not represent a catastrophic performance given the strong performance last year that the results will be compared to. Designer retailers largely outperformed their budget retailer counterparts, with those who had launched midseason sales this week seeing the strongest performance. However, some retailers reported than even launching sales this week failed to boost sales which is perhaps symptomatic of the “sales immune shopper” which was profiled in the national press this week. Footwear underperformed the rest of the fashion sector this week with like-for-likes falling by -8.0%.

Homewares is the biggest success story this week, with like-for-like sales rising by +9.1% – despite being off a strong performance this time last year as shoppers rushed to DIY stores ahead of the Easter break. However, there was a degree of polarisation within the results: furniture and soft furnishings retailers largely saw double-digit increases, whereas DIY and electrical goods retailers witnessed declines.

After a number of weeks of weak like-for-likes, non-store saw the strongest sales increase since 11 January (+41.1%). Very few retailers noted negative non-store like-for-likes this week with a number of retailers reporting three-digit sales increases. A number of fashion retailers had launched online mid-season sales this week which particularly boosted sales.

Clothing, Footwear & Accessories

Asos have announced plans to launch an app for the Apple Watch, which will deliver ‘saved alerts’ and notify customers when a product comes back in stock or drops in price. (Source: Retail Gazette)
Asos have also announced their partnership with the British Paralympic Association to design formal and ceremony wear for the Paralympics GB athletes at Rio 2016. (Source: Drapers)
Clarks have entered into a partnership with Jade Solutions to provide digital experiences to their customers through ‘CROWD’, a smart Wi-Fi and customer analytics solution. (Source: Retail Times)
Cuple, Spanish footwear and handbag retailer, have opened 1,046 sq. ft. store in London in Notting Hill’s Ledbury Road. (Source: Retail Bulletin)
Cuple, Spanish footwear and handbag retailer, have opened 1,046 sq. ft. store in London in Notting Hill's Ledbury Road

Georg Jensen have announced plans to open their second London store at The Royal Exchange. (Source: Retail Bulletin)
Pep&Co have announced plans to create over 500 jobs across England, Wales and Scotland by the end of August 2015 and have also confirmed some of the locations for their 50 stores. (Source: Company Press Release)

Electrical & Entertainment

Carphone Warehouse have announced plans to launch their own mobile network ‘iD’ in May 2015, which will offer free roaming in 22 countries including the US, Australia and across Europe. (Source: Retail Gazette)
Carphone Warehouse have announced plans to launch their own mobile network ‘iD’ in May 2015

Food & Drink

The Co-operative Food have announced plans to launch a training programme so they can ‘steer clear’ of a potential national shortage of van and lorry drivers. (Source: BT News)
Holland & Barrett have launched their first free-from concept store as ‘Holland & Barrett More’, to target shoppers looking to buy allergy free products. (Source: The Drum)
Ocado have launched an Apple watch grocery shopping app that allows customers to add items to orders by speaking into the device. (Source: Retail Gazette)

The latest figures from Kantar Worldpanel, for the 12 weeks to 15 March 2015, showed that HMV returned to first place among music retailers, primarily due to 12% year-on-year increase in physical music sales valued at £9.8m. All of the supermarkets have lost share in the entertainment market compared with this time last year, largely due to losses in video game sales. The biggest title of this quarter across physical entertainment was Grand Theft Auto V (GTA V) for PlayStation 4 and Xbox One. While the grocers had taken the majority of sales for GTA V on the PlayStation 3 and Xbox 360, (53.3%), they only had a third of sales on the newest machines as customers opted instead for specialist retailers.

Household

House of Fraser have announced plans to expand into China in 2016 by opening stores in Nanjing, Chongqing and Xuzhou. (Source: The Telegraph)
Kiko, the Italian skincare and cosmetics specialist, have opened a 1,555 sq. unit space at Oxford’s Clarendon Shopping Centre. (Source: Retail Bulletin)
Kiko, the Italian skincare and cosmetics specialist, have opened a 1,555 sq. unit space at Oxford's Clarendon Shopping Centre

Lush have launched an iOS app that allows shoppers browse products based on their scent or mood. (Source: The Drum)
Poundstretcher have appointed Bob Marshall as their new Finance Director, as a part of plans to bolster their senior team. (Source: The Grocer)
Poundworld have launched their new e-commerce website ‘Poundworld Plus’, as they look to drive growth across Europe. (Source: The Grocer)

Courtesy of ‘Barclays

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