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#retailtrends #retailnews #Retail & #Brand trends for w/e 29th January 2016 #marketingweek #eventmagazine

February 1, 2016

Company Results

  • Card Factory have reported an 8.1% increase in total sales for the 11 months to 31 December 2015. Like-for-like sales increased by 2.8% for the same period.
  • Carpetright have reported a 1.5% decrease in group sales for the 12 weeks to 23 January 2016. Total UK sales decreased by 1.3% while UK like-for-like sales increased by 2.4% for the same period.
  • Dixons Carphone have reported a 5% increase in group like-for-like sales for the 10 weeks to 09 January 2016. UK & Ireland like-for-like sales increased by 5% for the same period.
  • Hotel Chocolat have reported a 10.2% increase in group sales to £81.1m for the 12 months to 28 June 2015. Pre-tax profit stood at £3m for the same period. (Source: Retail Week)
  • Jimmy Choo have reported a 6% increase in total revenue to £318m for the 12 months to 31 December 2015. Retail revenue increased by 8% to £208m while wholesale revenue remained flat at £100m for the same period. Licensing revenue stood at £10m.

Jimmy Choo have reported a 6% increase in total revenue to £318m for the 12 months to 31 December 2015

  • John Lewis have reported a 7.1% increase in sales for the week to 23 January 2016. Fashion, Home and Electricals & Home Technology sales increased by 2.0%, 3.6% and 15.0% respectively. Sales at johnlewis.com increased by 22.3%.
  • Pretty Green have reported a 16.5% increase in total sales for the six weeks to 31 December 2015. Like-for-like sales increased by 15% while online sales increased by 27% for the same period. (Source: The Telegraph)

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  • Waitrose have reported a 1.7% decrease in sales (including petrol) for the week to 23 January 2016.

Clothing, Footwear & Accessories

  • APM Monaco have announced plans to open their first UK store at South Molton Street by February 2016. (Source: Retail Bulletin)
  • H&M have announced plans to upsize their store in Bluewater shopping centre in Kent to 40,000 sq. ft. by incorporating an additional 15,000 sq. ft. of space. The store will be operational by November 2016. (Source: Retail Times)

H&M have announced plans to upsize their store in Bluewater shopping centre in Kent

  • John Lewis have announced plans to introduce image recognition software that will allow shoppers to look for clothes they like and find similar items stocked by the retailer. (Source: The Independent)

Electrical & Entertainment

  • Amazon have announced plans to create over 2,500 jobs in the UK across their business operations and research & development centres. (Source: BBC News)
  • Sainsbury’s have relaunched their ‘Entertainment on Demand’ music site offering over 20 million tracks and 2.5 million albums to download. (Source: The Drum)

Food & Drink

  • Aldi have announced plans to open a 1,140 sq. m. store at Mill Farm Sports Village by June 2016. (Source: Retail Bulletin)
  • Nisa Retail have revealed that the number of their retail memberships increased by 374 to 3,000 in the 9 months to 31 December 2015. (Source: Company Press Release)
  • Swedish cider company Kopparberg is to launch a lemon & lime flavoured lager in the UK.

Swedish cider company Kopparberg is to launch a lemon & lime flavoured lager in the UK.

  • Ocado Group have appointed Andrew Harrison as their new Independent Non-Executive Director with effect from 01 March 2016. The retailer also announced that David Grigson will step down as Senior Independent Director & Non-Executive Director with effect from 04 May 2016. (Source: Company Press Release)

As per the data released by British Council of Shopping Centres, vacancy rates across UK shopping centres dropped for the third consecutive quarter at the end of 2015. A 0.8% drop in vacancy was recorded for Q4 2015 and follows the same drop of 0.8% for Q3 2015 and a 1.4% drop in Q2 2015. The proportion of multiple retailers in shopping centres increased by 1.5% in Q4 2015, and correspondingly, there was a 1.5% drop in independents for the same period. Regionally, shopping centres in Yorkshire and The Humber and West Midlands saw the largest drops in vacancy, recording a 1.6% and 1.5% drop, respectively. England and Scotland were the best performing nations with a 0.9% and 1.1% drop, while there was no change in vacancy recorded for Welsh shopping centres.

Household

  • Card Factory have announced plans to offer plastic bags without handles to their customers, as under the new rules no charge is to be levied on plastic bags without handles. (Source: The Guardian)
  • Kingfisher have appointed Rakhi Parekh as their new Non-Executive Director with effect from 01 February 2016. The retailer has also announced that Janis Kong, their Non-Executive Director will step down from the role on the same date. (Source: Company Press Release)
  • Made.com have opened their first international store in Amsterdam, following the success of their pop-up store in the region. (Source: Company Press Release)

Made.com have opened their first international store in Amsterdam

  • OKA have opened their new 4,000 sq. ft. store on Milsom Street in Bath, taking their number of total UK stores to 12. (Source: Retail Bulletin)
  • Specsavers have been named as the number one high street retailer for customer satisfaction in the UK in a survey by Institute of Customer Service. (Source: Retail Bulletin)
  • The Range have announced plans to open a new distribution centre in the Southwest creating over 1,000 jobs in the process. (Source: BBC News)
  • Wesfarmers have announced plans for the rebranding of all Homebase stores to Bunnings within three to five years. (Source: The Independent)

Courtesy of ‘Barclays

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