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

July 27, 2015

Company Results

AO World have reported a 6.5% increase in total revenue for the three months to 30 June 2015. Online revenue increased by 11.2% for the same period.
DFS have reported a 7% increase in group gross sales for the year to 18 July 2015.
DFS have reported a 7% increase in group gross sales for the year to 18 July 2015.

John Lewis have reported a 6.9% increase in sales for the week to 18 July 2015. Fashion, Home and Electricals & Home Technology sales increased by 10.5%, 2.0% and 9.4% respectively. Sales at johnlewis.com increased by 22.6%.
Kingfisher have reported a 4.8% increase in total sales for the 10 weeks to 11 July 2015. Like-for-like sales increased by 3.5% while UK & Ireland sales increased by 6.7% for the same period. Like-for-like sales for UK & Ireland increased by 5.5%.
Mothercare have reported a 3.5% decrease in worldwide network sales for the 15 weeks to 11 July 2015 while total UK sales decreased by 0.9% for the same period. UK like-for-like sales increased by 1.3%.
Paperchase have reported a 7% increase in total sales to £128m for the year to 31 January 2015. Online sales increased by 42% for the same period. (Source: Retail Week)
United Carpets have reported revenue of £19.1m for the year to 31 March 2015. Profit before tax was reported at £1.21m while like-for-like sales increased by 2.7% for the same period.
Waitrose have reported a 0.8% increase in sales (including petrol) for the week to 18 July 2015.
White Stuff have reported a 13.6% increase in total sales to £131.4m for the year to 02 May 2015. Retail sales increased by 5.3% to £91.5m while like-for-like sales also increased by 5.3% for the same period. Online sales increased by 36.5% to £32.9m. (Source: Retail Bulletin)
Zara have reported an 8.1% increase in UK sales to £494.8m for the year to 31 January 2015. Pre-tax profit increased by 45.0% to £49.2m for the same period. (Source: Retail Week)
Zara have reported an 8.1% increase in UK sales to £494.8m for the year to 31 January 2015. Pre-tax profit increased by 45.0% to £49.2m for the same period

The BRC/Springboard Footfall and Vacancies Monitor has revealed that footfall in June 2015 decreased by 1.5% compared to June 2014, down from the 1.0% fall in May 2015. Both high streets and shopping centres reported a decline, falling 2.8% and 2.4% respectively for June 2015. Footfalls in retail parks fared the best with a 2.8% increase year-on-year, an improvement on the 1.4% rise in May 2015. All regions and nations saw a decline in footfall in June 2015, however five of the seven regions reported footfall above the UK average. Northern Ireland and Wales reported a notable decline in footfall, down 3.5% and 3.0% respectively.

Clothing, Footwear & Accessories

Ben Sherman have announced that the company has been acquired by Marquee Brands for £40.8m. (Source: The Telegraph)
Bimba y Lola have opened their fifth 140m store at 7 Hill Street, London. (Source: Retail Bulletin)
Bimba y Lola have opened their fifth 140m store at 7 Hill Street, London

ECCO have announced plans to open their first store in the North East of England at Intu Metrocenter in Gateshead, as part of their UK expansion plans. The 1,750 sq. ft. store will open in later 2015. (Source: Drapers)
SuperTrash have announced plans to open a 3,057 sq. ft. store at South John Street, Liverpool, in August 2015. (Source: Drapers)
Thomas Sabo have opened a 860 sq. ft. store in Watford and have also acquired two 1,000 sq. ft. stores in Newcastle and Leicester, as a part of their UK wide expansion strategy. (Source: Retail Bulletin)

Electrical & Entertainment

Moonpig.com have announced plans to extend their order cut-off time by 3 hours, to allow customers to order cards online until 7 PM on weekdays. (Source: Retail Bulletin)

Food & Drink

Amazon UK have announced plans to launch their grocery delivery service, AmazonFresh in the London area by September 2015. (Source: The Grocer)

Amazon trucks at a company depot. Amazon on Monday June 10, 2013 expanded its new AmazonFresh service to select Los Angeles zip codes after offering the program for years in Seattle. Credit: Amazon

Amazon trucks at a company depot. Amazon on Monday June 10, 2013 expanded its new AmazonFresh service to select Los Angeles zip codes after offering the program for years in Seattle. Credit: Amazon

Co-operative Food have announced plans for recruiting an extra 1,000 staff to fill their customer team member, team leadership and store manager roles, particularly at peak times. (Source: The Guardian)
Dunnes have announced plans to expand their number of stores in the UK to 40, as a part of their strategy to double their presence. (Source: Retail Week)

According to research conducted by Worldpay, small business owners in retail are among the UK’s hardest workers, with 75% of the owners not having enough of a work-life balance to take a holiday. The research also revealed that one out of five owners have not been able to take more than a week off in at least three years. In addition, one out of ten owners responded that the idea of even a few days leave was off-limits, unless absolutely essential. Over a fifth of small business owners in retail said they worked work seven days a week, with 36% enjoying ‘only’ a six day week, just to stay afloat. Finance, cash-flow and paperwork topped the list of business headaches, with the average small business owner spending the equivalent of 48 days per year on administrative tasks.

Household

DFS have announced plans to trial their Dwell and Sofa workshop fascias as concessions across some of their legacy stores, in September 2015. (Source: Retail Week)
Halfords have launched a marketplace for third-party sellers, boosting the number of products available for sale to 40,000. (Source: The Drum)
Harvey Nichols have ended their license agreement for their store in Baku, Azerbaijan, with local company Performans, after four months of their opening. (Source: Drapers)
John Lewis have announced plans to re-open their flagship store at London’s Oxford Street in September 2015, after eight months revamping of the store. (Source: The Telegraph)
Kikki.K have announced plans to launch their first flagship store in the UK by October 2015. (Source: Retail Week)
Kikki.K have announced plans to launch their first flagship store in the UK by October 2015

Made.com have received £40m funding from the Fidelity Growth Partners Europe and Partech Ventures, for funding their expansion plans. (Source: Financial Times)
Superdrug have announced plans to launch delivery service for their online customers in Ireland from 29 July 2015. (Source: Retail Gazette)
Victoria Plumb have changed their name to VictoriaPlum.com and have also launched a new website and brand image, as part of their expansion into bedroom furniture segment. (Source: The Drum)

Courtesy of ‘Barclays

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