英国における小売業界：非食品

Abstract

UK Retail Briefing is a monthly news digest service, which brings together news on companies and their business environments. The coverage is split by sector and supplemented by soundbite-style commentary and opinion. Recent sales figures are given with month-by-month trends for each sector, plus an inflation monitor highlighting key developments. All companies are indexed in each issue, giving you the option of short-cutting to news of your own organisation, key competitors or clients.

Table of Contents

• Analyst Comment
• Slowdown, not recession
• More heat than light
• Non-comparable periods
• Different results
• Why so different?
• Where now?
• The Month in UK Retailing
• Bakers (retail)
• Greggs blames weather for slowing rise in LFLs
• Thorntons posts Q3 sales rise
• Co-ops (retail)
• OFT accuses retailers of tobacco price-fixing
• Co-op:
• ...FY profits grow
• ...clashes with Soil Association
• Grocers
• Grocers accused of further price-fixing by OFT
• Competition Commission findings
• Asda drops opposition to proposed code of conduct
• Morrisons:
• ...receives apology from OFT over dairy fixing
• ...announces plans to cut plastic bag use
• Sainsbury' s:
• ...to launch Tu home brand
• ...CEO to collect £6.5m bonus
• ...reports FY results
• Tesco:
• ...to sell property website
• ...launches website for Polish immigrants
• ... to be thwarted by Hunter over Dobbies plans?
• ...buys South Korean Homever stores for £958m
• ...objects to Ocado' s price claims grow
• Waitrose to open 100 convenience stores
• Off-licences
• Thresher to close 30 Scottish stores
• Clothing retailing
• Austin Reed plans expansion, following sales rise
• Burberry sees sales growth
• Ethel Austin:
• ...collapses into administration
• ...receives 40 potential bids
• Fat Face signs for eight new stores
• Internacionale:
• ...goes into administration
• ...sold to unnamed buyer
• Jaeger' s FY sales rise 16%
• MK One
• ...put up for sale by Baugur
• ...sold to Hilco
• Matalan sets aside £20m for revamp
• Mosaic reports FY loss, on sales up 49%
• Baugur may sell Moss Bros stake
• Next reports drop in Q1 sales
• ABF H1 profit boosted by Primark
• Footwear retailing
• Private equity firms bid for LK Bennett
• Mixed goods retailing
• Home Retail Group FY sales/profits rise, warns of outlook
• Instore cuts FY loss
• Multi-sector retailing
• Boots' Pessina to accelerate growth
• HMV reports 7.3% rise in FY LFLs
• M&S:
• ...faces dispute over Rose investment
• ...chief sells sing-a-long stake
• ...to cut staff bonuses
• ...FY profits reach £1bn
• Electrical retailing
• DSGi:
• ... could close 200 outlets, cuts dividend
• ...to close stores in strategic move
• Furniture retailing
• Land of Leather:
• ...reports Q3 LFLs plunge
• ...fined by FSA
• ScS issues new profit warning
• Home shopping
• Asos forecasts profit boost, after sales soar
• Findel issues profit warning
• N Brown delivers strong FY results
• Book and stationery retailing
• Clinton Cards Q3 LFLs up
• Endless goes shopping for The Works
• WH Smith posts full-year profit rise
• Sports and leisure goods retailing
• OFT scolds Sports Direct over purported store closures
• JJB:
• ...posts 5.3% drop in Q1 LFLs
• ...to axe 800 following profit plunge
• Jewellers
• Signet posts 2.5% decline in like-for-like Q1 sales
• Toys and games retailing
• Game Group reports FY sales up
• Miscellaneous specialist retailing
• Pets at Home reveals FY success
• Executive Appointments
• Austin Reed appoints first menswear designer
• Brantano hires new MD
• Brantano chief exits
• Robert Dyas appoints ex-MFI director as new CEO
• Hamleys chief exits after posting 15.5% LFLs jump
• Instore hires new finance director
• Kingfisher' s finance director announces resignation
• Liberty finance director departs
• Galvin quits MK One
• Morrisons appoints new non-food executive
• New Look in management shuffle
• Pier' s managing director steps down
• SRG looks for new chief
• SRG appoints new MD
• Wallis appoints three new execs
• Whistles poaches Topshop directors
• Product Development -- Beverages
• Asda
• Marks & Spencer
• Sainsbury' s
• Somerfield
• Tesco
• Advertising News
• New campaigns
• Asda outsources search and display campaign
• Iceland signs Katona
• Morrisons to adopt environmental marketing strategy
• Waitrose to launch new ad campaign
• Account gains/losses
• Holland & Barrett appoint WCRS
• Retail Advertising Review
• Advertising expenditure
  • Figure 1: Total advertising expenditure by all advertisers (£m), Feb 2004-Feb 2008
  • Figure 2: Total advertising expenditure by all retail advertisers (£m), Feb 2004-Feb 2007
• Use of media
  • Figure 3: Use of media by retail and all advertisers (£m), Feb 2007-Feb 2008
  • Figure 4: Use of media by retail and all advertisers (%), Feb 2007-Feb 2008
• Top 25 retail advertisers
  • Figure 5: Top 25 retailers by adspend (£), Jan 2008-Feb 2008
• Food
• Furniture
• Optical Retailers
• DIY
• Other
• Nielsen Media Research/ Definitions
• Retail Sales and Inflation
• Retail sales
• Office for National Statistics
  • Figure 6: Retail sales trends: Mar 2007-Mar 2008
  • Figure 7: Non seasonally adjusted % value change on previous year, Mar 2007-Mar 2008
  • Figure 8: Seasonally adjusted % volume change on previous year, Mar 2007-Mar 2008
• Significant features of February' s ONS statistics
• Confederation of British Industry
• British Retail Consortium
• Retail price inflation trends
  • Figure 9: Annual percentage change in retail price index for selected product groups: Mar 2007-Mar 2008
  • Figure 10: Annual percentage change in retail price index for selected product groups: Mar 2007-Mar 2008
• Retail Prices Index
• Consumer Prices Index
• British Retail Consortium: Shop Price Index
• Sector Analysis -- Non-Food Specialists
• Sales trends
  • Figure 11: Non-food specialist retailers, sales trends, 1998-2008 Q1
  • Figure 12: Non-food specialist retailers as % of all retail sales: 1999-2008 (e)
• Retail price inflation
  • Figure 13: Indices of retail prices for product categories, 2000-08 (Jan 1987=100)
• Breakdown of sales by sub-sector
  • Figure 14: Non-food specialists: Breakdown of sales by sub-sector, 2000-07
• Consumer expenditure
  • Figure 15: Consumer expenditure on selected product categories (£m), 1998-2007
• Chemists: latest trends
  • Figure 16: Health and beauty retailers' sales, 2003/04-2006/07
• Books, newspapers & stationery: latest trends
  • Figure 17: Booksellers' and stationers' operating profits, 2003/04-2007/08
• Floor coverings: latest trends
  • Figure 18: Floor coverings retailers' operating profits, 2003/04-2006/07
• Photographic & optical goods, office supplies stores: latest trends
  • Figure 19: Photographic retailers' Sales, 2003/04-2006/07
  • Figure 20: Number of outlets in leading opticians chains, UK, 2003, 2005 and 2007
• Other
  • Figure 21: Sports and outdoor leisure retailers' sales, 2003/04-2006/07
  • Figure 22: Toys and games retailers' operating profits, 2003/04-2006/07
  • Figure 23: Jewellers' operating profits, 2003/04-2006/07
• Sector News Review: Non-Food retailing
• December
• Sports and leisure goods retailing
• JD Group improves LFLs, warns on tougher trading
• JJB
• ...LFLs up 1.6%
• ...as it acquires Original Shoe Company
• Sports Direct
• ...sees Ashley plan to increase stake
• ...as Sports Direct posts weak H1
• Jewellers
• Signet warns on FY profit
• Theo Fennel boss seeks international expansion
• Toys and games retailing
• Game
• ...provisionally cleared for Gamestation takeover
• ...as strong performance continues
• January
• Book and stationery retailing
• Clinton Cards LFLs up 2.5% over Christmas
• Sports and leisure goods retailing
• Blacks Leisure reports promising Christmas sales
• JD records excellent Christmas performance
• JJB
• ...agrees to settle over football shirts
• ...and issues profit warning
• Which? Names JD/JJB worst UK retailers
• Sports Direct expects "difficult" market
• Jewellers
• Signet suffers over Christmas
• Theo Fennell' s December sales up 2%
• Toys and games retailing
• Game' s Christmas sales soar
• Games Workshop reports H1 loss
• February
• Book and stationery retailing
• Borders chief plans review
• The Works crashes into administration
• WH Smith LFLs down 2%
• Sports and leisure goods retailing
• JJB
• ...to support Nike' s takeover of Umbro
• ...and sells Soccer Domes
• Sports Direct invests £20m in Chinese venture
• Jewellers
• Signet reports FY sales slide
• Toys and Games Retailing
• Hamleys LFLs up 11.3% during Christmas
• Miscellaneous specialist retailing
• Halfords chief to join Coles, LFLs up 2%
• March
• Sports and leisure goods retailing
• Blacks hit by accounting probe, suspends director
• Sports Direct "in-line" to meet expectations
• Toys and games retailing
• Game increases FY profit forecast
• April
• Book and stationery retailing
• Clinton Cards posts strong H1 figures
• The Works on brink of sale
• WH Smith buys hospital shops
• Sports and leisure goods retailing
• JD Group reports strong FY results
• Toys and games retailing
• Toyzone:
• ... enters administration
• ... rescued from administration
• Jewellers
• Signet FY profit down 17%
• Miscellaneous specialist retailing
• Halfords reports strong FY LFLs
• Garden centres
• Dobbies posts mixed results
• May
• Book and stationery retailing
• Clinton Cards Q3 LFLs up
• Endless goes shopping for The Works
• WH Smith posts full-year profit rise
• Sports and leisure goods retailing
• OFT scolds Sports Direct over purported store closures
• JJB:
• ...posts 5.3% drop in Q1 LFLs
• ...to axe 800 following profit plunge
• Jewellers
• Signet posts 2.5% decline in like-for-like Q1 sales
• Toys and games retailing
• Game Group reports FY sales up
• Hamleys chief exits after posting 15.5% LFLs jump
• Miscellaneous specialist retailing
• Pets at Home reveals full-year success
• Sector Advertising Review -- Non-Food Specialists
• Advertising expenditure
  • Figure 24: Total advertising expenditure by non-food retailers, Feb 2004-Feb 2008
• Use of media
  • Figure 25: Use of media by non-food retailer and all retailers (%), Feb 2007-Feb 2008
  • Figure 26: Use of media by non-food retailers and all retailers (£), Feb 2007-Feb 2008
• Books and stationery retailers
  • Figure 27: Top ten books & stationery retailers by adspend, Feb 2007 & Feb 2008
• Company analysis -- Staples
  • Figure 28: Staples, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 29: Staples, top brands by adspend, Feb 2008
• Sports and leisure goods retailers
  • Figure 30: Top ten sports & leisure goods retailers by adspend, Feb 2007 & Feb 2008
• Company analysis -- JD Sports
  • Figure 31: JD Sports, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 32: JJB, top brands by adspend, Feb 2008
• Jewellers
  • Figure 33: Top ten jewellers by adspend, Feb 2007 & Feb 2008
• Company analysis -- Tiffany & Co
  • Figure 34: Tiffany & Co, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 35: Tiffany & Co, top brands by adspend, February 2008
• Garden centres
  • Figure 36: Top ten garden centres by adspend, Feb 2007 & Feb 2008
• Company analysis -- Wyevale
  • Figure 37: Wyevale Garden Centres, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 38: Wydevale Garden Centres, top brands by adspend, Feb 2008
• Chemists (health & beauty retailers)
  • Figure 39: Top ten chemists by adspend, Feb 2007 & Feb 2008
• Company analysis -- Superdrug
  • Figure 40: Superdrug, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 41: Superdrug, top brands by adspend, Feb 2008
• Toys and games retailers
  • Figure 42: Top five toys and games retailers by adspend, Feb 2007 & Feb 2008
  • Figure 43: Top video games retailers by adspend, Feb 2007 & Feb 2008
• Company analysis -- Toys R Us
  • Figure 44: Toys R Us, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 45: Toys R Us, top brands by adspend, Feb 2008
• Optical retailers
  • Figure 46: Top Ten optical goods retailers by adspend, Feb 2007 & Feb 2008
• Company analysis -- Specsavers
  • Figure 47: Specsavers, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 48: Specsavers, top brands by adspend, Feb 2008
• Miscellaneous retailers
  • Figure 49: Top two miscellaneous retailers by adspend, Feb 2007 & Feb 2008
• Company analysis -- Halfords
  • Figure 50: Halfords, media use by adspend and as share of total, Feb 2007 & Feb 2008
  • Figure 51: Halfords, top brands by adspend, Feb 2008
• Report Focus: Footwear Retailing
• Market growth, at what price?
• Footwear feeling the pinch
• Not all bad
• Footwear going walkabout
• Fashion drivers
• Let' s hear it for the boys
• Don' t forget comfort
• Too cheap?
• Clarks stands out
• New channels
• The future
• Consumers: how much, where and why
• Cheap shoe myth?
  • Figure 52: How much they spend on a pair of shoes, February 2008
• It' s not all about the money
  • Figure 53: How much they spend per pair of shoes, by gender, age and socio-economic groups, February 2008
• Spending by leading retailers
• Where and by whom
  • Figure 54: Where they buy footwear, February 2008
• Stores with focus have a clearer target
• Mixed purchasing pattern
• Male fashion stores
• Holding onto existing customers
• Young are open to new ideas
• Value footwear exposed
  • Figure 55: Where they buy footwear, by gender, age and socio-economic groups, February 2008
• Why?
  • Figure 56: What they think of shoe shopping, February 2008
• A world of treats and indulgence
• Sales appeal to all
  • Figure 57: What they think of shoe shopping, by gender, age and socio-economic groups, February 2008
• Attitudes to shoe shopping by leading retailers
• Sales -- a time for investment and indulgence
• Profile of leading retailers
• C&J Clark (UK)
  • Figure 58: C&J Clark Group: Group financial performance, 2002-07
• Russell & Bromley
  • Figure 59: Russell & Bromley, group financial performance, 2002-06
• Schuh
  • Figure 60: Schuh, group financial performance, 2003-07
• Industry Insight
• Running to keep up
• Some like it cheap
• Online on target
• The future
• Spending struggling to grow
  • Figure 61: UK: Spending on footwear, 2002-07
• Bigger share for non-specialists
• Changes need to be made
• The transition from manufacturing to retailing
  • Figure 62: Footwear specialists sales, UK, 2002-07
  • Figure 63: Footwear specialist sales and spending on footwear, 2008-13, at current and constant 2008 prices, excl VAT, 2003-13
• Looking ahead