Skip to content

What’s happening in #retail & with brands – trends for w/e 5th June 2015 #retailtrends #retailnews #marketingweek #eventmagazine

June 8, 2015

Company Results

AO World have reported a 23.8% increase in revenue to £476.7m for the year to 31 March 2015. Total UK sales increased by 22.3% to £470.8m while UK website sales increased by 32.9% to £381.5m for the same period. Operating loss was reported at £2.2m.
Caffyns have reported an 8.8% increase in revenue to £210.3m for the year to 31 March 2015. Like-for-like new car sales increased by 6.6% while like-for-like used car sales increased by 4.3% for the same period. Underlying profits increased by 14% to £2.5m. (Source: Motor Trader)
Dixons Carphone have reported a 9% increase in group like-for-like sales for the 17 weeks to 02 May 2015 while UK & Ireland like-for-like sales increased by 13% for the same period.
Halfords Group have reported a 6.9% increase in total group revenue to £1.0bn for the 53 weeks to 03 April 2015. Group like-for-like revenue increased by 6.8% while retail revenue increased by 6.8% to £875.1m for the same period. Profit before tax and non-recurring items were reported at £84.1m.
Halfords Group have reported a 6.9% increase in total group revenue to £1.0bn for the 53 weeks to 03 April 2015.

John Lewis have reported a 3.9% increase in sales for the week to 30 May 2015. Fashion and Home sales increased by 10.6% and 7.9% respectively while Electricals & Home Technology sales decreased by 5.6%. Sales at johnlewis.com increased by 19.7%.
New Look have reported a 3.4% increase in total group sales to £1.4bn for the 52 weeks to 28 March 2015. UK like-for-like sales increased by 5.0% while E-commerce sales increased by 34.0% for the same period. Profit before tax was reported at £50.6m.
Pets at Home have reported a 9.6% increase in sales to £729.1m for the 52 weeks to 26 March 2015. Like-for-like sales increased by 4.2% while pre-tax profit was reported at £87m for the same period.
Waitrose have reported a 1% increase in sales (including petrol) for the week to 30 May 2015.
WH Smith have reported a 1% increase in total sales for the 13 weeks to 30 May 2015. High street sales decreased by 4% while high street like-for-like sales also declined by 4% for the period.

Lifestyle saw a marginal fall this week to -0.6%, with only just over a third (36%) demonstrating year-on-year growth. Poor weather over the weekend meant retailers of outdoor goods suffered, with the category being lifted by a stronger performance by small ticket retailers and department stores.

Fashion was the strongest performer this week, with like-for-like sales rising by +2.6% year-on-year. Department stores and designer retailers with a particular reliance on high street footfall were the worst performers this week, whilst retailers with stores within retail parks benefitted from an uplift in footfall. We saw a number of retailers offering targeting “pay day” promotions this year, whilst others reported being able to shift full price stock and noting a discernible upturn in consumer confidence.

Homewares also declined slightly this week to -0.5%. Home furnishings retailers were the stronger performers, whilst DIY retailers had a weak seven days overall.

Non-store like-for-likes were back up again this week to +28.5%. Some retailers reported strong sales on the back of targeted email campaigns with five retailers noting three digit sales increases compared to this week last year. 60% of retailers reported positive like-for-likes this week, and it was designer clothing retailers and gift retailers having particularly good weeks.

Clothing, Footwear & Accessories

AS Adventure Group have announced the acquisition of Snow & Rock Group from LGV Capital. (Source: Reuters)
– Fast fashion etailer Missguided will launch its first UK concession in Selfridges in Manchester’s Trafford Centre on Monday June 8. (Source: Drapers)
Fast fashion etailer Missguided will launch its first UK concession in Selfridges in Manchester’s Trafford Centre on Monday June 8.

Glamorous have announced plans to open their first 1,900 sq. ft. standalone store at Manchester’s Intu Trafford Centre. (Source: Drapers)
Matalan have opened their first store in London at Oxford Street, their first high street store in the capital. (Source: Drapers)
New Look have announced their expansion plans in China, increasing their number of stores to 70 by March 2016. (Source: The Guardian)
Seraphina have opened their first UK standalone 840 sq. ft. pop-up shop at London’s King’s Road. (Source: Retail Bulletin)
Sports Direct have appointed Matt Pearson, as their interim Chief Financial Officer. (Source: Financial Times)
Dune was crowned Multiple of the Year for the second year running at the Drapers Footwear Awards 2015. (Source: Drapers)
Dune was crowned Multiple of the Year for the second year running at the Drapers Footwear Awards 2015

Ted Baker have announced plans to open their new 4,500-5,000 sq. ft. format store in East London’s Spitafields. (Source: Retail Week)

Electrical & Entertainment

Gear4music have floated on AIM market of the London Stock Exchange. (Source: Yahoo Finance)

Food & Drink

Aldi have announced plans to create 150 new jobs at their new store and training centre in North Liverpool. (Source: Verdict)
Molson Coors is to give away almost 500,000 ‘Stay-Cold’ coasters as part of a new GBP6.2m UK marketing push. (Source: Just Drinks)
Molson Coors is to give away almost 500,000 'Stay-Cold' coasters as part of a new GBP6.2m (US$9.5m) UK marketing push

Tesco have launched a new scheme that redistributes surplus food from their store to people in need, in partnership with FareShare and FoodCloud. (Source: The Telegraph)
Waitrose have started delivering food groceries to Isle of Sark in Channel Islands. (Source: The Grocer)

Buoyed by a sales growth of 8.8%, Lidl reached a record high market share of 3.9%, up from 3.6% last year. Lidl’s growth has been fuelled by a combination of more consumers visiting the stores and the average basket containing more items, demonstrating a consumer willingness to move their bigger shopping trips to the so called ‘discounters’. Aldi also grew sales by 15.7%, taking share to 5.4% of the market. As a result of sales growth of 1.6%, Waitrose has increased market share to 5.2%. This is helped by a regional bias towards Southern Britain, where grocery sales are growing more quickly – particularly in London. Iceland also returned to growth for the first time in a year this period, increasing sales by 1.9%.

Household

Harvey Nichols have launched a new loyalty app & programme that rewards customer for each and every pound spent. (Source: Retail Gazette)
Mega Value, a new discount high street retail chain, has been launched by Mike Ashley at Kidderminster, Worcestershire. (Source: Verdict)
Notonhighstreet.com appointed Darren Shapland as their new Chairman, replacing Simon Belsham. (Source: The Telegraph)
Notonhighstreet.com appointed Darren Shapland as their new Chairman, replacing Simon Belsham

Loaf have announced plans to open their first bricks and mortar store in London’s Battersea area in Autumn 2015. (Source: Company Press Release)
Smiggle, the Australian stationery retailer, have announced the plans to open a new 696 sq. ft. store in Milton Keynes in the early Autumn 2015. (Source: Retail Bulletin)
Wiggle have announced plans to implement facial recognition software ‘eIQ’, to optimise the contents of their online ads towards audiences. (Source: The Drum)

Courtesy of ‘Barclays

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

%d bloggers like this: