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What’s happening in #retail & with brands – trends for w/e 18th September 2015 #retailtrends #retailnews #marketingweek #eventmagazine

September 21, 2015

Company Results

Boden have reported a 0.7% increase in sales to £280.7m for the year to 31 December 2014. Pre-tax profit increased by 31% to £32m for the same period. (Source: Verdict)
Boden have reported a 0.7% increase in sales to £280.7m for the year to 31 December 2014

Hobbycraft have reported a 8.9% increase in turnover to £141.1m for the 52 weeks to 22 February 2015. (Source: Retail Week)
John Clark Motor Group have reported a 28% increase in turnover to £604m for the year to December 2014. New vehicle sales volumes increased by 16% to 13,000 units, while used vehicle sales volumes increased by 17% to 10,600 units for the same period. Pre-tax profit increased by 42% to £10.4m. (Source: AM Online)
John Lewis have reported a 5.0% increase in sales for the week to 12 September 2015. Fashion and Home sales increased by 8.7% and 7.5% respectively while Electricals & Home Technology sales decreased by 0.5%. Sales at johnlewis.com increased by 17.5%.
Kingfisher have reported a 4.0% decrease in adjusted sales to £5.3bn for the 26 weeks to 01 August 2015. UK & Ireland sales increased by 4.6% while adjusted pre-tax profit decreased by 2.3% to £384m.
Motorline Holdings have reported a 31% increase in turnover to £333.7m for the year to 31 December 2014. Pre-tax profit increased by 5% to £4.2m for the same period. (Source: Motor Trader)
JD Sports Fashion have reported a 21% increase in revenue to £809.9m for the 26 weeks to 01 August 2015. Profit before tax increased by 88% to £44.7m for the same period.
JD Sports Fashion have reported a 21% increase in revenue to £809.9m for the 26 weeks to 01 August 2015

Ocado have reported a 17.3% increase in gross group sales to £272m for the 12 weeks to 09 August 2015. Average orders per week increased by 16.6% to 190,000 for the same period.
Poundworld have reported a 22% increase in sales to £422.3m for the year to 31 March 2015. Operating profits before exceptional items increased by 130% to £14.6m while like-for-like sales increased by 5.6% for the same period. (Source: Retail Bulletin)
Waitrose have reported a 1.0% decrease in sales (including petrol) for the week to 12 September 2015.

Lifestyle was the only bricks and mortar segment to see an increase in like-for-likes this week, with sales compared to this week last year rising by +5.6%. Sales of lifestyle goods in department stores and sales of outdoor goods enjoyed a rare boost to sales this week, and small ticket giftware items continued their strong performance.

Fashion like-for-likes declined this week by -0.2% – although marginal, this represents a disappointing result given the significant decline last year as fashion retailers struggled to shift autumn lines due to continuing warm weather. Discounting has been even less pronounced than it was last year and mainstream fashion retailers with a strong high street presence noted particular sales falls due to a decrease in footfall. However, a number of designer retailers noted an uplift in like-for-likes demonstrating that consumer confidence remains high.

Homeware like-for-likes declined by -4.5% with all retailers reporting negative like-for-likes for the week. Last year, sales of big ticket furniture items were particularly strong and pushed up overall sales within the category meaning sales were off a strong base.

Non-store sales remained buoyant this week, with like-for-likes up by 27.7%. With last week’s exceptional performance removed, like-for-likes improved by the greatest amount since the final week of June. Mainstream fashion retailers enjoyed a significant boost to sales, with some retailers reporting strong online sales of office wear as workers returned back to offices after summer breaks. Retailers of outdoor goods also reported solid increases in like-for-like sales.

Clothing, Footwear & Accessories

BOLO have announced plans to open a 3,500 sq. ft. at Beverley’s Flemingate by October 2015. (Source: Retail Bulletin)
Clarks have announced that their Chief Executive Officer, Melissa Potter and Chief Financial Officer, Robin Beacham, have resigned with immediate effect. (Source: Drapers)
Guest & Philips have announced plans to open an 880 sq. ft. store at Beverley’s Flemingate by October 2015. (Source: Drapers)
Jaeger have announced that their Chief Executive Officer, Colin Henry has resigned with immediate effect. (Source: Sky News)
Noa Noa have relocated their London store to a 1,000 sq. ft. store at 308 King’s Road to stock brand’s full womenswear range. (Source: Drapers)
Noa Noa have relocated their London store to a 1,000 sq. ft. store at 308 King’s Road

Outdoor and Country have announced plans to open a new 3,000 sq. ft. store at Evesham’s The Valley by October 2015. (Source: Retail Bulletin)
Pep&Co have announced plans to launch 150-piece menswear collection in November 2015. (Source: Retail Week)

Electrical & Entertainment

Burberry have launched a dedicated channel on Apple Music showcasing their collaborations with emerging British music artists. (Source: The Independent)
Burberry have launched a dedicated channel on Apple Music showcasing their collaborations with emerging British music artists

Golf Nation have opened a 1,895 sq. ft. store at Doncaster’s Lakeside Village outlet centre. (Source: Company Press Release)
Maplin have launched video chats facility which will be hosted by store staff with specialist knowledge, for bringing store experience to customers’ homes. (Source: Retail Week) )

Food & Drink

SABMiller has confirmed that it has received notification from Anheuser-Busch InBev of a possible takeover. (Source: Just Drinks)
SABMiller has confirmed that it has received notification from Anheuser-Busch InBev of a possible takeover

Lidl have announced plans to pay real living wage to their 9,000 staff by November 2015. (Source: The Guardian)
Sainsbury’s have entered into an agreement with Alibaba Group to sell groceries through Alibaba’s Tmall website. (Source: The Drum)
– Beam Suntory’s Bourbon brand Jim Beam has claimed to be the first whiskey to use the Snapchat app for marketing efforts. (Source: Just Drinks)
Beam Suntory's Bourbon brand Jim Beam has claimed to be the first whiskey to use the Snapchat app for marketing efforts.

The BRC/Springboard Footfall and Vacancies Monitor has revealed that footfall in August 2015 decreased by 1.6% compared to August 2014, down from the 1.1% fall in June 2015. This was below the three-month average of -1.4%. Both high streets and shopping centres reported a decline, falling 2.3% and 2.8% respectively for August 2015. Footfall in Shopping Centres was the lowest since January 2015, excluding Easter distortions. Footfall in retail park locations increased 1.7% year-on-year. This is the slowest increase since May 2015 and significantly below the three-month average of 2.5%. Nine regions and countries reported a decline in footfall, four of which had a footfall rate lower than the UK average. The East Midlands was the only region to report positive footfall growth, albeit marginally (0.04%)

Household

Day Lewis Pharmacy have entered into agreement with Celesio UK to stock Celesio’s ‘Betterlife’ brand products in their stores. (Source: Retail Bulletin)
Fresh have announced plans to open their new flagship store in London’s Seven Dials by November 2015. (Source: Retail Times)
Hobbycraft have opened a 6,000 sq. ft. store in Borehamwood, Hertfordshire, as a part of their expansion plans to reach a target of 150 stores. (Source: Retail Week)
Matalan Direct have expanded their home improvements offerings by adding beds and bedroom furniture to their existing bathroom range, as a part of their strategy to become complete home furnishing destination. (Source: Retail Week)
Mothercare have announced plans to open a 6,200 sq. ft. store at Friars Walk Development in Newport by 12 November 2015. (Source: Retail Week)
Pet Hut have partnered with PDSA to introduce PDSA’s ‘PetCheck program’ that gives access to the veterinary charity’s animal expertise to Pet Hut’s customers. (Source: Retail Bulletin)

Courtesy of ‘Barclays

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