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#retailweek #retailtrends #retailnews #Retail & #Brand trends for w/e 2nd December 2016 #marketingweek

December 5, 2016

Company Results

  • Caffyns have reported a 10.0% increase in sales (from continuing operations) to £105.1m for the six months to 30 September 2016. Like-for-like new car sales increased by 2.2% for the same period.
  • Karen Millen have reported a decrease of 10.0% in total sales to £161.0m for the year to 27 February 2016. (Source: Retail Week)

karen-millen-have-reported-a-decrease-of-10-0-in-total-sales-to-161-0m-for-the-year-to-27-february-2016

    • McColl’s Retail Group have reported a 1.9% decrease in total sales for the 52 weeks to 27 November 2016. Like-for-like sales decreased by 1.9% for the same period.
    • Motorpoint have reported a 11.5% increase in sales to £408.9m for the six months to 30 September 2016. Profit before tax stood at £2.4m for the same period.
    • PhotoBox have reported a 34.0% increase in sales to £288.5m for the 12 months to 30 April 2016. (Source: Verdict)
    • Topps Tiles have reported a 1.3% increase in total sales to £215.0m for the 52 weeks to 01 October 2016. Like-for-like revenue increased by 4.2% and profit before tax stood at £20.0m for the same period.
    • Missguided have reported a 34.0% increase in sales to £117.0m for the year to 31 March 2016. (Source: Drapers)
Musique pub Missguided Mars 2016 – Collection Printemps

Lifestyle LFLs were down by -3.54% this week, off of a weak base of -2.1% for the same week last year. The result was the worst seen for lifestyle since the end of August. Retailers of outdoor goods, electrical retailers and stationers saw negative LFL sales this week. Gift retailers were divided, as were department stores, but sales were generally muted as compared to last year.

Fashion LFLs were down by -3.78% this week off of a negative base of -2.0% for the same week last year. 65% of fashion respondents reported negative LFL sales this week, with 46% of those seeing double digit declines. The result was the second negative week in succession for fashion, following two positive weeks prior to that.

Homeware LFLs were up by +9.43% this week off of a positive base of +5.1%. Furniture and soft furnishing sales remained strong, while results for department stores were divided.

Non-store LFLs were the real success story this week, up by +22.55% off of an already strong base of +20.6% for the same week last year. The result was the best seen since week 41 (+26.2) back in early October. Fashion fared better online, with 71% of respondents reporting positive growth. Lifestyle’s performance online was also better than in-store, as 83% of respondents saw positive LFL growth. Retailers of homeware items also saw some strong non-store results, with 80% of respondents reporting positive growth.

Clothing, Footwear & Accessories

  • Hugo Boss have opened a 3,815 sq. ft. Boss menswear store in Freeport Braintree shopping centre, Essex. (Source: Retail Bulletin)
  • Missguided have opened their first store in Westfield Stratford City, as part of their brick-and –mortar expansion plan. (Source: Drapers)
  • Sainsbury’s have announced plans to expand their Tu clothing menswear range, to provide high street style and quality at supermarket prices, as men’s clothing is believed to present a huge opportunity for the retailer. (Source: Company Press Release)

Electrical & Entertainment

  • Amazon have launched a new Christmas advert on Youtube that stresses on diversity in the post-Brexit UK. (Source: The Independent)
  • Budgens have launched a new scan-as-you-shop smartphone app as it bids to improve the shopping experience. The app allows customers to build shopping lists within the app, scan their shopping as they go using a barcode reader and checkout by tapping their smartphone at the point of sale. (Source: Retail Week)
  • McColl’s have launched a new contactless payment technology that will allow customers to make payments in store using debit and credit cards, as well as via Android Pay and Apple Pay on their smartphones.(Source: Retail Bulletin)
  • Nisa Retail have appointed Neil Ashworth and Arnu Misra as independent Non-Executive Directors with immediate effect. (Source: Company Press Release)
  • Lidl UK have announced plans to open a new distribution centre in Doncaster, keeping in line with Lidl’s expansion plans for UK. (Source: Reuters)
  • Anheuser-Busch InBev has teamed up with Uber to offer consumers free taxi rides over the holiday period in the UK as part of a responsible drinking programme. (Source: Just Drinks)
  • Gigglewater Wines has launched a “lifestyle-led” sparkling wine range designed to appeal to Millennials and female consumers. (Source: Just Drinks)
  • Bacardi has appointed KC Kavanagh its chief global communications officer. (Source: Company Press Release)
  • Pernod Ricard has appointed nine-time Olympic gold medalist Usain Bolt to the position of “chief entertainment officer” for its GH Mumm Champagne house. (Source: Just Drinks)

pernod-ricard-has-appointed-nine-time-olympic-gold-medalist-usain-bolt-to-the-position-of-%22chief-entertainment-officer%22-for-its-gh-mumm-champagne-house

Household

  • Dunelm have acquired the e-tailer Worldstores Group which includes the Worldstores, Kiddicare and Achica brands, in an attempt to boost their online presence. (Source: Telegraph)
  • House of Fraser have announced that Nigel Oddy will step down as their Chief Executive Officer. He will however, remain with the business until a new Chief Executive Officer is appointed (Source: Drapers)
  • JD Sports have acquired Go Outdoors, in order to strengthen their position as the largest outdoor equipment retailer in the UK. (Source: Reuters)
  • Shop Direct have appointed Jon Rudoe as their new Digital and Technology Director with effect from 01 April 2017. (Source: Retail Bulletin)
  • Tesco have hired 15,000 additional staff for Christmas 2016 that will start working in stores across the UK across a range of departments. (Source: Company Press Release)

Courtesy of ‘Barclays

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