Sorry for interrupting, this website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Learn more
Accept & Close

European Retail Briefing - December 2012

European Retail Briefing is a monthly briefing providing news and analysis that includes company results, store openings, cross-border moves, M & A activities, executive changes and property developments. Additionally each month, European Retail Briefing focuses on a key issue or specific European retail sector. The month's retail news is then analysed sector by sector, making this an invaluable resource for all with an interest in the European retail industry.

What you get

What's included

Why buy from us?

Succeed

Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.

Instant Access

Buy now and you'll have instant access to the information you need to make the right decisions.

Opportunities

Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.

Trusted

A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.

Table of contents

  1. Analyst Comment

    • The trouble with Italian retailing
      • Monti to go…
        • International retailers have gone
          • Figure 1: Europe: Top 300 European retailers by domicile, selected countries, 2011
        • Retail sector remains fragmented
          • Figure 2: Europe: Top ten national retailers’ revenues as % of all retail sales, selected countries, 2011
          • Figure 3: Europe: Percentage of all individuals having purchased goods or services online, selected countries, 2011
      • Retail Sales Review

        • Key points
          • France
            • Figure 4: France: Retail Sales, 2011-12
          • Inflation
            • Figure 5: France: Inflation, 2011-12
          • Germany
            • Figure 6: Germany: Retail Sales trends, 2011-12
          • Inflation
            • Figure 7: Germany: Inflation, 2011-12
          • Italy
            • Figure 8: Italy: Retail sales trends, 2011-12
          • Inflation
            • Figure 9: Italy: Inflation, 2011-12
          • Netherlands
            • Figure 10: The Netherlands: Retail sales trends, 2011-12
          • Inflation
            • Figure 11: The Netherlands: Inflation, 2011-12
          • Spain
            • Figure 12: Spain: Retail sales trends, 2011-12
          • Inflation
            • Figure 13: Spain: Inflation 2011-12
          • UK
            • Figure 14: UK: Retail sales trends, 2011-12
          • Inflation
            • Figure 15: UK: Inflation, 2011-12
        • News Headlines

          • Grocers
            • Clothing retailing
              • Footwear retailing
                • Multi-sector retailers
                  • Department stores
                    • DIY retailing
                      • Electrical retailing
                        • Home shopping
                          • Music and video goods retailing
                            • Sports and leisure goods retailing
                            • News Analysis

                              • Convenience stores
                                • UK: Asda to enter convenience market with forecourt stores
                                  • UK: Waitrose under pressure over Shell deal
                                    • Co-ops
                                      • UK: Co-op
                                        • …sparks concern
                                          • …to acquire 10 Costcutter stores
                                            • …opens new distribution centre
                                              • Grocers
                                                • Belgium: Louis Delhaize exits Hungary
                                                  • Europe: Metro to sell hypermarkets in Eastern Europe
                                                    • France: Carrefour to sell 60% stake in Indonesian unit
                                                      • France: Lidl moving French operational facility to Paris
                                                        • Germany: Profits decline at Aldi Nord
                                                          • Russian Federation: Kesko opens first food store in St. Petersburg
                                                            • UK: Aldi
                                                              • …records 27.3% sales growth, as Morrisons continues to struggle
                                                                • …to open new format stores in London
                                                                  • UK: Asda
                                                                    • …mulls launch of digital entertainment service
                                                                      • …posts financial results
                                                                        • UK: Lidl
                                                                          • …doubles size of premium range
                                                                            • …to invest in Greece
                                                                              • UK: Morrisons
                                                                                • …and Asda call for extended Christmas opening hours
                                                                                  • …introduces new discount card
                                                                                    • UK: OFT - Supermarket loyalty cards under scrutiny
                                                                                      • UK: Sainsbury’s
                                                                                        • …and Asda expected to report sales growth
                                                                                          • …appoints new group HR director
                                                                                            • …opens energy efficient store
                                                                                              • …to create 10,000 new local jobs
                                                                                                • …posts profit rise
                                                                                                  • UK: Supermarkets sign up to offer and price promotion code
                                                                                                    • UK: Tesco
                                                                                                      • …launches online party food service
                                                                                                        • …launches online veg box offer
                                                                                                          • …Tesco Phone Shop launch pilot scheme to assist over-50 shoppers
                                                                                                            • …trials interactive touchscreens
                                                                                                              • …group strategy director departs
                                                                                                                • UK: Waitrose
                                                                                                                  • …extends store opening hours for Christmas
                                                                                                                    • …launches iPad version of weekly newspaper
                                                                                                                      • …continues expansion programme
                                                                                                                        • Off-licences
                                                                                                                          • UK: Bargain Booze appoints new CEO
                                                                                                                            • UK: Majestic Wine reports 3.9% rise in pre-tax profits
                                                                                                                              • Other food specialists
                                                                                                                                • UK: Holland & Barrett trials fitness drills
                                                                                                                                  • UK: Thorntons plans multichannel investment
                                                                                                                                    • Clothing retailing
                                                                                                                                      • Europe: Prada group posts 50% rise in EBITDA
                                                                                                                                        • Italy: Dolce & Gabbana’s revenues remain stable
                                                                                                                                          • UK: Arcadia
                                                                                                                                            • …confirms sale of 25% stake in Topshop and Topman
                                                                                                                                              • …posts financial results
                                                                                                                                                • UK: Asos invests in second hand designer clothing website
                                                                                                                                                  • UK: Aurora reports 15.3% drop in EBITDA
                                                                                                                                                    • UK: Edinburgh Woollen Mill reports record profits
                                                                                                                                                      • UK: Fast Retailing to purchase majority stake in J brand
                                                                                                                                                        • UK: French Connection reports flat like-for-likes
                                                                                                                                                          • UK: Gant appoints head of UK and Ireland brand operations
                                                                                                                                                            • UK: H&M
                                                                                                                                                              • …reports like-for-like sales decline
                                                                                                                                                                • …to launch green initiative
                                                                                                                                                                  • …to open new store in Hammersmith
                                                                                                                                                                    • UK: Hobbs
                                                                                                                                                                      • …poaches buying and merchandising director
                                                                                                                                                                        • …posts rise in sales
                                                                                                                                                                          • UK: J Crew to open London Store
                                                                                                                                                                            • UK: Jacques Vert appoints new chief executive
                                                                                                                                                                              • UK: Jaeger reveals underlying loss of £8m
                                                                                                                                                                                • UK: Joules
                                                                                                                                                                                  • …considers selling stake
                                                                                                                                                                                    • …to sell Rampant Sporting
                                                                                                                                                                                      • UK: M&Co returns to profitability
                                                                                                                                                                                        • UK: Montique secures 63 doors as it prepares for UK debut
                                                                                                                                                                                          • UK: Mulberry posts like-for-likes up 11%
                                                                                                                                                                                            • UK: New Look
                                                                                                                                                                                              • …appoints new CEO
                                                                                                                                                                                                • …posts first half results
                                                                                                                                                                                                  • UK: Phase Eight to open first West End store
                                                                                                                                                                                                    • UK: Primark to open Warrington flagship
                                                                                                                                                                                                      • UK: SuperGroup
                                                                                                                                                                                                        • …appoints new non-exec directors
                                                                                                                                                                                                          • …to expand Superdry brand with wholesale accessories
                                                                                                                                                                                                            • UK: Ted Baker retail sales soar 24.6%
                                                                                                                                                                                                              • UK: TK Maxx potential buyer for Comet stores
                                                                                                                                                                                                                • UK: Topshop
                                                                                                                                                                                                                  • …in talks to sell 25% stake
                                                                                                                                                                                                                    • …to open Marble Arch store
                                                                                                                                                                                                                      • UK: Zara
                                                                                                                                                                                                                        • …opens new flagship store
                                                                                                                                                                                                                          • …bans hazardous chemicals in supply chain and products
                                                                                                                                                                                                                            • Footwear retailing
                                                                                                                                                                                                                              • UK: Aldo to double number of Call It Spring concessions
                                                                                                                                                                                                                                • UK: Clarks launches Click and Collect service
                                                                                                                                                                                                                                  • UK: Dr Martens opens two new stores
                                                                                                                                                                                                                                    • UK: Dune looks to expand overseas wholesale
                                                                                                                                                                                                                                      • UK: Jones Bootmaker collaborates with House of Fraser
                                                                                                                                                                                                                                        • UK: Kurt Geiger focuses on international expansion
                                                                                                                                                                                                                                          • UK: Schuh
                                                                                                                                                                                                                                            • …reports 12% rise in like-for-likes in first three quarters
                                                                                                                                                                                                                                              • …reports pre-tax loss
                                                                                                                                                                                                                                                • UK: Stead & Simpson to close 90 stores
                                                                                                                                                                                                                                                  • Mixed goods retailing
                                                                                                                                                                                                                                                    • UK: B&M Bargains
                                                                                                                                                                                                                                                      • …moves to second round of bidding
                                                                                                                                                                                                                                                        • …sold to US private equity firm
                                                                                                                                                                                                                                                          • …brings American interest to UK value sector
                                                                                                                                                                                                                                                            • UK: Poundland
                                                                                                                                                                                                                                                              • …expands food offer
                                                                                                                                                                                                                                                                • …partners with Mecca Bingo for promotional activity
                                                                                                                                                                                                                                                                  • …reports profit fall
                                                                                                                                                                                                                                                                    • Multi-sector retailers
                                                                                                                                                                                                                                                                      • Switzerland: Swiss Coop-owned Prodega in merger
                                                                                                                                                                                                                                                                        • UK: M&S
                                                                                                                                                                                                                                                                          • …appoints supply chain director
                                                                                                                                                                                                                                                                            • …to open at midnight on Christmas Eve
                                                                                                                                                                                                                                                                              • UK: Home Retail Group appoints new board member
                                                                                                                                                                                                                                                                                • Department stores
                                                                                                                                                                                                                                                                                  • Bulgaria: Debenhams opens its first store in Bulgaria
                                                                                                                                                                                                                                                                                    • Ireland: Dunnes Stores Faces Winding Up Petition
                                                                                                                                                                                                                                                                                      • UK: Debenhams boss to receive extra £300,000
                                                                                                                                                                                                                                                                                        • UK: Harrods appoints Sarah Brown as non-executive director
                                                                                                                                                                                                                                                                                          • UK: House of Fraser reports rise in like-for-likes
                                                                                                                                                                                                                                                                                            • UK: John Lewis
                                                                                                                                                                                                                                                                                              • …clothes sales boosted by cold weather
                                                                                                                                                                                                                                                                                                • …appoints customer insight director
                                                                                                                                                                                                                                                                                                  • …aims to open 60 stores by 2018
                                                                                                                                                                                                                                                                                                    • …partners with Red Letter Days
                                                                                                                                                                                                                                                                                                      • …reports 11.4% rise in sales
                                                                                                                                                                                                                                                                                                        • …reports record November sales
                                                                                                                                                                                                                                                                                                          • DIY retailing
                                                                                                                                                                                                                                                                                                            • Germany: Hornbach issues profit warning
                                                                                                                                                                                                                                                                                                              • UK: Homebase to launch store refit programme
                                                                                                                                                                                                                                                                                                                • UK: Kingfisher
                                                                                                                                                                                                                                                                                                                  • …B&Q trials banking scheme
                                                                                                                                                                                                                                                                                                                    • …reports decline in Q3 profit
                                                                                                                                                                                                                                                                                                                      • …to ramp up eco agenda
                                                                                                                                                                                                                                                                                                                        • UK: Robert Dyas' chief executive steps down
                                                                                                                                                                                                                                                                                                                          • UK: Topps Tiles posts profit rise
                                                                                                                                                                                                                                                                                                                            • Electrical retailing
                                                                                                                                                                                                                                                                                                                              • Europe: Carphone Warehouse reports 5% rise in UK like-for-likes
                                                                                                                                                                                                                                                                                                                                • UK: Comet
                                                                                                                                                                                                                                                                                                                                  • …axes home delivery service
                                                                                                                                                                                                                                                                                                                                    • …makes 330 staff redundant
                                                                                                                                                                                                                                                                                                                                      • …staff to lose jobs before Christmas
                                                                                                                                                                                                                                                                                                                                        • …stores potentially saved
                                                                                                                                                                                                                                                                                                                                          • …to close 41 stores
                                                                                                                                                                                                                                                                                                                                            • …website potentially saved
                                                                                                                                                                                                                                                                                                                                              • …future hangs in the balance
                                                                                                                                                                                                                                                                                                                                                • UK: Dixons
                                                                                                                                                                                                                                                                                                                                                  • …rolls out Google Zones across Currys and PC World stores
                                                                                                                                                                                                                                                                                                                                                    • …returns to black
                                                                                                                                                                                                                                                                                                                                                      • UK: Game’s chief executive defends owner, OpCapita
                                                                                                                                                                                                                                                                                                                                                        • UK: Maplin to open travel stores in 2013
                                                                                                                                                                                                                                                                                                                                                          • Furniture retailing
                                                                                                                                                                                                                                                                                                                                                            • UK: Bathstore hires non-executive chairman
                                                                                                                                                                                                                                                                                                                                                              • UK: BrightHouse reports strong growth in H1
                                                                                                                                                                                                                                                                                                                                                                • UK: Dwell managing director steps down
                                                                                                                                                                                                                                                                                                                                                                  • Homewares retailing
                                                                                                                                                                                                                                                                                                                                                                    • UK: Cath Kidston reports profit rise
                                                                                                                                                                                                                                                                                                                                                                      • Home shopping
                                                                                                                                                                                                                                                                                                                                                                        • Germany: Otto Group acquires Neckermann brand
                                                                                                                                                                                                                                                                                                                                                                          • UK: Amazon
                                                                                                                                                                                                                                                                                                                                                                            • …looks to steal high street sales with grocery offer
                                                                                                                                                                                                                                                                                                                                                                              • …reveals UK sales and profit figures
                                                                                                                                                                                                                                                                                                                                                                                • UK: Asos
                                                                                                                                                                                                                                                                                                                                                                                  • …invests in second hand designer clothing website
                                                                                                                                                                                                                                                                                                                                                                                    • …head of buying departs
                                                                                                                                                                                                                                                                                                                                                                                      • UK: EBay to open social media pop-up shop
                                                                                                                                                                                                                                                                                                                                                                                        • UK: Findel reports rise in H1 profits and sales
                                                                                                                                                                                                                                                                                                                                                                                          • UK: Moonpig forces owner into the red
                                                                                                                                                                                                                                                                                                                                                                                            • UK: My-Wardrobe appoints fashion director
                                                                                                                                                                                                                                                                                                                                                                                              • UK: Net-A-Porter announces new print magazine
                                                                                                                                                                                                                                                                                                                                                                                                • UK: Ocado
                                                                                                                                                                                                                                                                                                                                                                                                  • …sees shares soar
                                                                                                                                                                                                                                                                                                                                                                                                    • …introduces new service using Facebook
                                                                                                                                                                                                                                                                                                                                                                                                      • Health and beauty retailing
                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Alliance Boots
                                                                                                                                                                                                                                                                                                                                                                                                          • …to extend maturity dates on loan facilities
                                                                                                                                                                                                                                                                                                                                                                                                            • …reveals plans for Nottingham site
                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Feelunique.com acquired in £26 million private equity deal
                                                                                                                                                                                                                                                                                                                                                                                                                • Music and video goods retailing
                                                                                                                                                                                                                                                                                                                                                                                                                  • Europe: PPR’s Fnac to exit Italy
                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: HMV sells Mama Group
                                                                                                                                                                                                                                                                                                                                                                                                                      • Book and stationery retailing
                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Clintons opens first distribution centre
                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Waterstones seeks overseas expansion
                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: WH Smith posts interim results
                                                                                                                                                                                                                                                                                                                                                                                                                              • Sports and leisure goods retailing
                                                                                                                                                                                                                                                                                                                                                                                                                                • Europe: Le Coq Sportif to open European flagship in London
                                                                                                                                                                                                                                                                                                                                                                                                                                  • Switzerland: INTERSPORT continues expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: JD Sports
                                                                                                                                                                                                                                                                                                                                                                                                                                      • …launches JD Pro sports fascia
                                                                                                                                                                                                                                                                                                                                                                                                                                        • …reports like-for-likes rise 1.5%
                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Rampant Sporting bought by Indian investor
                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: Reebok to open standalone stores
                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Sports Direct owner eyes stake in House of Fraser
                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jewellers
                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: Claire's Accessories to debut ecommerce site in 2013
                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Newsagents
                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Martin McColl to expand convenience store portfolio
                                                                                                                                                                                                                                                                                                                                                                                                                                                        • Toys and games retailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Hamleys sees pre-tax profits soar
                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Miscellaneous specialists
                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Countrywide secures extra funds
                                                                                                                                                                                                                                                                                                                                                                                                                                                                • UK: Halfords
                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • …reports 23.4% drop in profits
                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • …to expand accessories range
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Hobbycraft appoints customer development director
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Mothercare cuts losses and improves sales trend
                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Pets at Home to launch loyalty card
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Shopping centres
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Lend Lease submits application for Bluewater expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Economy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: BRC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • …food price inflation reaches nine month high
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • …like-for-likes edge up just 0.4% in November
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • …town centre vacancy rate reaches 11.3%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: ONS: UK retail sales fell 0.8% in October
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: Visa predicts busiest shopping day of the year
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Supermarkets: More than Just Food

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lidl/Kaufland (Schwarz Group)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • What we think
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Can Lidl’s online non-foods offer be exported?
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • Figure 16: Schwarz Group: Lidl stores per million capita, 2011
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Prospects in Germany: Lidl
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • Prospects for Kaufland
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • Scaling back hard-discount in France
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • Outpaced by Aldi in the UK
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Background
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • Company performance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Figure 17: Schwarz Group: Group financial performance, 2007/8-2011/12
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Figure 18: Schwarz Group: Outlet data, 2007/8-2011/12
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • Retail offering
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Schwarz Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Lidl
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Kaufland

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    European Retail Briefing - December 2012

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    US $391.67 (Excl.Tax)