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European Retail Briefing - February 2012

Mintel European Retail Intelligence provides independent, expert coverage of the major retail sectors throughout Europe. Each title in this series analyses retailing trends in up to 19 European markets, including the Scandinavian nations and Eastern European countries such as the Czech Republic and Poland as well as the major Western European markets.

The coverage provided by each report is as accurate, relevant and up-to-date as possible, combining in-house sector expertise with retailer performance data, taken directly from industry and trade sources.

With titles ranging from 'DIY Retailing in Europe' through to 'Food Retailing in Europe', each market examination includes studies of:

  • background economic and demographic data
  • market sizes
  • regional retailing trends and issues
  • market drivers
  • consumer expenditure
  • consumer trends
  • leading pan-European retailers
  • domestic retailers
  • market forecasts

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Table of contents

  1. Analyst Comment

    • Schlecker proves even the mighty can fall
      • What we’ve seen
        • A falling giant
          • Figure 1: Schlecker: Sales, 2006-10
          • Figure 2: Schlecker: Outlet numbers, 2006-10
        • Turnaround plans hit a hitch
          • Money’s too tight to mention
            • What it means
            • Retail Sales Review

              • Key points
                • France
                  • Figure 3: France: Retail sales trends, 2010-11
                • Inflation
                  • Figure 4: France: Inflation, 2010-11
                • Germany
                  • Figure 5: Germany: Retail sales trends, 2010-11
                • Inflation
                  • Figure 6: Germany: Inflation, 2011-12
                • Italy
                  • Figure 7: Italy: Retail sales trends, 2010-11
                • Inflation
                  • Figure 8: Italy: Inflation, 2011-12
                • Netherlands
                  • Figure 9: The Netherlands: Retail sales trends, 2010-11
                • Inflation
                  • Figure 10: The Netherlands: Inflation, 2011-12
                • Spain
                  • Figure 11: Spain: Retail sales trends, 2010-11
                • Inflation
                  • Figure 12: Spain: Inflation, 2011-12
                • UK
                  • Figure 13: UK: Retail sales trends, 2011-12
                • Inflation
                  • Figure 14: UK: Annual percentage change in Consumer Price Index for selected product groups, 2011-12
              • Headlines for the Month

                • Grocers
                  • Clothing
                    • Footwear
                      • Multi-sector retailing
                        • Mixed goods
                          • Department stores
                            • Electricals retailing
                              • Music, video, and games retailing
                                • Furniture retailing
                                  • Home shopping
                                    • Health and beauty retailing
                                      • Jewellers
                                      • News Analysis

                                        • Grocers
                                          • Belgium: Colruyt sales on target
                                            • Estonia: ETK group turnover up 8.7% in 2011
                                              • France: Carrefour
                                                • …confirms new chief
                                                  • …price offensive
                                                    • …reports weak Q4 and full year results
                                                      • …shares lifted by hopes of new CEO
                                                        • France: Casino remains confident after good end to full year
                                                          • France: Leclerc reports record sales
                                                            • France: Système U posts better-than-expected FY results
                                                              • Germany: Aldi Nord reports weakening sales in 2010
                                                                • Germany: Edeka to phase out Netto City format
                                                                  • Germany: Metro reports sales fall and cancels plans for Kaufhof
                                                                    • Germany: Rewe plans to cash-in on Schlecker crisis
                                                                      • Germany: Zielpunkt acquired fully by Satek
                                                                        • Latvia: Iki and Cento operator ruled insolvent
                                                                          • Latvia: Maxima Grupe reports turnover of €2.3bn in 2011
                                                                            • Netherlands: Ahold reports solid sales
                                                                              • Netherlands: Spar eyes more tie-ups for expansion
                                                                                • Portugal: Jeronimo Martins' growth driven by Poland
                                                                                  • Romania: Metro opens online store in Romania
                                                                                    • Russian Federation: Dixy full-year sales rise after merger
                                                                                      • Russian Federation: Magnit reports revenue increase
                                                                                        • Russian Federation: Rewe's Billa considers acquisition of local chain
                                                                                          • Russian Federation: X5 Retail Group reports net retail sales increase
                                                                                            • Slovenia: Agrokor detracts bid to acquire Mercator
                                                                                              • Sweden: Axfood reports modest growth for fourth quarter
                                                                                                • UK: Asda
                                                                                                  • …outperforms rivals over Christmas
                                                                                                    • …to invest £500m in stores and supply chain
                                                                                                      • UK: Booths sales up as shoppers entertain over Christmas
                                                                                                        • UK: Iceland deadline nears as Walker lines up £150m
                                                                                                          • UK: Morrisons
                                                                                                            • …acquires meat processing facility
                                                                                                              • …brings back pay day offers
                                                                                                                • UK: New People's Supermarket to open in Hackney
                                                                                                                  • UK: Sainsbury's
                                                                                                                    • …launches Matthew Williamson designer shopper
                                                                                                                      • …sees 'record-breaking' Christmas
                                                                                                                        • UK: Tesco
                                                                                                                          • …aims to regain sales through voucher campaign
                                                                                                                            • …considers closing Home Plus stores
                                                                                                                              • …enters F&F partnership in Saudi Arabia
                                                                                                                                • …expands international technology for F&F
                                                                                                                                  • …reports "disappointing" Christmas with like-for-likes falling 2.2%
                                                                                                                                    • …to drop carbon reduction logo
                                                                                                                                      • UK: The Co-operative
                                                                                                                                        • …adds 28 stores after acquiring David Sands
                                                                                                                                          • …posts Christmas sales uplift
                                                                                                                                            • UK: Ugo discount grocer sold after just a year
                                                                                                                                              • UK: Waitrose
                                                                                                                                                • …and Boots scale back partnership
                                                                                                                                                  • …to introduce contactless payments
                                                                                                                                                    • …to open more convenience stores in London
                                                                                                                                                      • Food specialists
                                                                                                                                                        • UK: Greggs reports boosted Christmas sales
                                                                                                                                                          • UK: Hotel Chocolat considering launch of beauty products
                                                                                                                                                            • UK: Thorntons suffers poor Christmas performance
                                                                                                                                                              • Off-licences
                                                                                                                                                                • UK: Majestic Wine posts Christmas sales rise
                                                                                                                                                                  • Clothing retailing
                                                                                                                                                                    • France: LVMH boosted by 16% revenue growth
                                                                                                                                                                      • Italy: Benetton considers delisting after profits fall
                                                                                                                                                                        • Italy: Bulgari family sells stake in LVMH
                                                                                                                                                                          • Sweden: H&M profits fall in tough climate
                                                                                                                                                                            • UK: Agent Provocateur like-for-like sales rise over Christmas
                                                                                                                                                                              • UK: Bestseller appoints UK sales reps to drive wholesale
                                                                                                                                                                                • UK: Blue Inc enjoys positive Christmas
                                                                                                                                                                                  • UK: Bonmarche
                                                                                                                                                                                    • …appoints GA to manage store closures
                                                                                                                                                                                      • …bought out of pre-pack by Sun European
                                                                                                                                                                                        • …stores to close as part of rescue deal
                                                                                                                                                                                          • UK: Bravissimo performance driven by Pepperberry
                                                                                                                                                                                            • UK: Burberry reports rising sales due to outerwear and leather goods
                                                                                                                                                                                              • UK: Coach posts rise in second quarter profits
                                                                                                                                                                                                • UK: Edinburgh Woollen Mill
                                                                                                                                                                                                  • …bids for Peacocks
                                                                                                                                                                                                    • …plans 150 new stores as it eyes Peacocks property
                                                                                                                                                                                                      • …pulls out of Peacocks talks
                                                                                                                                                                                                        • UK: French Connection issues profit warning
                                                                                                                                                                                                          • UK: Howies bought back by management
                                                                                                                                                                                                            • UK: Jaeger full year profits fall
                                                                                                                                                                                                              • UK: Karen Millen to launch sites in more European countries
                                                                                                                                                                                                                • UK: La Senza acquired by Alshaya UK
                                                                                                                                                                                                                  • UK: Madhouse bought in pre-pack deal
                                                                                                                                                                                                                    • UK: Matalan reports sales growth
                                                                                                                                                                                                                      • UK: McArthurGlen reports record trading in December
                                                                                                                                                                                                                        • UK: Mulberry reports strong like-for-likes over Christmas
                                                                                                                                                                                                                          • UK: New Look
                                                                                                                                                                                                                            • …considers closing 100 stores
                                                                                                                                                                                                                              • …reports strong Christmas trading
                                                                                                                                                                                                                                • UK: Peacocks
                                                                                                                                                                                                                                  • …receives six bids from potential buyers
                                                                                                                                                                                                                                    • …refuses to honour gift vouchers
                                                                                                                                                                                                                                      • …sale sees new surprise bidder
                                                                                                                                                                                                                                        • …struggles as RBS pulls out of rescue deal
                                                                                                                                                                                                                                          • UK: Primark sees strong Christmas trading
                                                                                                                                                                                                                                            • UK: Pumpkin Patch in administration
                                                                                                                                                                                                                                              • UK: Select to double stores
                                                                                                                                                                                                                                                • UK: SuperGroup
                                                                                                                                                                                                                                                  • …Christmas sales rise
                                                                                                                                                                                                                                                    • …reports January sales slowdown
                                                                                                                                                                                                                                                      • UK: Ted Baker delivers "excellent" Christmas performance
                                                                                                                                                                                                                                                        • UK: Topman overseas success encouraging
                                                                                                                                                                                                                                                          • UK: White Stuff reports 2% year-on-year rise
                                                                                                                                                                                                                                                            • Footwear retailing
                                                                                                                                                                                                                                                              • Germany: Deichmann reports record turnover
                                                                                                                                                                                                                                                                • UK: Barratts stores acquired by Ziff
                                                                                                                                                                                                                                                                  • UK: Dolcis bought out of administration
                                                                                                                                                                                                                                                                    • UK: Dr Martens up for sale
                                                                                                                                                                                                                                                                      • UK: Office
                                                                                                                                                                                                                                                                        • …reports strong Christmas
                                                                                                                                                                                                                                                                          • …to revamp website and launch overseas
                                                                                                                                                                                                                                                                            • Multi-sector retailing
                                                                                                                                                                                                                                                                              • Finland: Kesko reports solid growth
                                                                                                                                                                                                                                                                                • France: PPR may cut 250 jobs at La Redoute
                                                                                                                                                                                                                                                                                  • Germany: Douglas confirms talks with financial investors
                                                                                                                                                                                                                                                                                    • Germany: Kreke and Mueller: ‘No War’
                                                                                                                                                                                                                                                                                      • Portugal: Sonae reports full year growth
                                                                                                                                                                                                                                                                                        • UK: Marks & Spencer reports stronger food sales while general merchandise suffers
                                                                                                                                                                                                                                                                                          • Mixed goods retailers
                                                                                                                                                                                                                                                                                            • UK: 99p Stores looks to sell business for £60m
                                                                                                                                                                                                                                                                                              • UK: Poundland like-for-like sales up 5.9%
                                                                                                                                                                                                                                                                                                • UK: Poundstretcher
                                                                                                                                                                                                                                                                                                  • …closes transactional website
                                                                                                                                                                                                                                                                                                    • …quick to acquire up to 20 Ugo stores
                                                                                                                                                                                                                                                                                                      • UK: Argos
                                                                                                                                                                                                                                                                                                        • …cuts or freezes 11,000 prices
                                                                                                                                                                                                                                                                                                          • …like-for-likes fall 8.8%
                                                                                                                                                                                                                                                                                                            • Miscellaneous specialists
                                                                                                                                                                                                                                                                                                              • UK: Evans Cycles revenues rise but profits fall
                                                                                                                                                                                                                                                                                                                • UK: Garden Centre Group in exclusivity talks with Terra Firma
                                                                                                                                                                                                                                                                                                                  • UK: Halfords sees like-for-likes drop of 4.8%
                                                                                                                                                                                                                                                                                                                    • UK: LS Travel adds Watermark Bookstore to rail portfolio
                                                                                                                                                                                                                                                                                                                      • UK: Mothercare
                                                                                                                                                                                                                                                                                                                        • …reconsiders UK stores after arrival of new boss
                                                                                                                                                                                                                                                                                                                          • …sales rise driven by promotions
                                                                                                                                                                                                                                                                                                                            • …to launch range with Jools Oliver
                                                                                                                                                                                                                                                                                                                              • UK: Past Times
                                                                                                                                                                                                                                                                                                                                • …closes 47 stores
                                                                                                                                                                                                                                                                                                                                  • …officially in administration
                                                                                                                                                                                                                                                                                                                                    • UK: Pets at Home reports like-for-like sales growth over Christmas
                                                                                                                                                                                                                                                                                                                                      • UK: QD reports solid Christmas and plans expansion
                                                                                                                                                                                                                                                                                                                                        • UK: Snappy Snaps sales rise 6.7% over Christmas
                                                                                                                                                                                                                                                                                                                                          • UK: Woolworths stores almost filled
                                                                                                                                                                                                                                                                                                                                            • Department stores
                                                                                                                                                                                                                                                                                                                                              • UK: Debenhams has strong Christmas
                                                                                                                                                                                                                                                                                                                                                • UK: Fortnum & Mason reports record sales
                                                                                                                                                                                                                                                                                                                                                  • UK: Harvey Nichols launches new concept store in Liverpool One
                                                                                                                                                                                                                                                                                                                                                    • UK: House of Fraser
                                                                                                                                                                                                                                                                                                                                                      • …posts "pleasing" sales growth
                                                                                                                                                                                                                                                                                                                                                        • …to extend collaboration with Mary Portas
                                                                                                                                                                                                                                                                                                                                                          • UK: John Lewis
                                                                                                                                                                                                                                                                                                                                                            • …launches trend-led women's label JL Weekend
                                                                                                                                                                                                                                                                                                                                                              • …Partnership sales up 10%
                                                                                                                                                                                                                                                                                                                                                                • …sales driven by Clearance
                                                                                                                                                                                                                                                                                                                                                                  • UK: The Original Factory Shop reports growth
                                                                                                                                                                                                                                                                                                                                                                    • DIY retailing
                                                                                                                                                                                                                                                                                                                                                                      • UK: B&Q invests £12m in product ranges
                                                                                                                                                                                                                                                                                                                                                                        • UK: Topps Tiles sales down 4.2% in first quarter
                                                                                                                                                                                                                                                                                                                                                                          • Electricals retailing
                                                                                                                                                                                                                                                                                                                                                                            • Germany: Media Markt's online store opens
                                                                                                                                                                                                                                                                                                                                                                              • UK: Carphone Warehouse reports 4.7% like-for-like rise
                                                                                                                                                                                                                                                                                                                                                                                • UK: Comet
                                                                                                                                                                                                                                                                                                                                                                                  • …acquisition by OpCapita complete
                                                                                                                                                                                                                                                                                                                                                                                    • …cuts staff by 450
                                                                                                                                                                                                                                                                                                                                                                                      • …reports weak Christmas trading
                                                                                                                                                                                                                                                                                                                                                                                        • UK: Dixons
                                                                                                                                                                                                                                                                                                                                                                                          • …boss Browett exits for Apple
                                                                                                                                                                                                                                                                                                                                                                                            • …launches Knowhow Movies
                                                                                                                                                                                                                                                                                                                                                                                              • …reports falling like-for-likes over Christmas
                                                                                                                                                                                                                                                                                                                                                                                                • UK: Maplin reports strong December
                                                                                                                                                                                                                                                                                                                                                                                                  • UK: Phones 4U reports sales rise in final quarter
                                                                                                                                                                                                                                                                                                                                                                                                    • Music, video, and games retailing
                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Game Group
                                                                                                                                                                                                                                                                                                                                                                                                        • …granted breathing space from banks
                                                                                                                                                                                                                                                                                                                                                                                                          • …like-for-likes fall as margins hit
                                                                                                                                                                                                                                                                                                                                                                                                            • …marketing boss exits as 46 jobs put at risk
                                                                                                                                                                                                                                                                                                                                                                                                              • …sets Friday deadline for first round bids for overseas business
                                                                                                                                                                                                                                                                                                                                                                                                                • …to offload overseas operations
                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: GameStop closes stores in Northern Ireland
                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: HMV gets breathing space
                                                                                                                                                                                                                                                                                                                                                                                                                      • Furniture and furnishings retailing
                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Carpetright
                                                                                                                                                                                                                                                                                                                                                                                                                          • …Ireland business in recovery despite group profit warning
                                                                                                                                                                                                                                                                                                                                                                                                                            • …issues profit warning
                                                                                                                                                                                                                                                                                                                                                                                                                              • Croatia: Ikea begins €264m mall project
                                                                                                                                                                                                                                                                                                                                                                                                                                • Estonia: Ikea eyes Estonia and Latvia
                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: Dunelm growth continues in strong H1
                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: Furniture Village sales rise but profit falls
                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Ikea's profit rises 10.3%
                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Lakeland launches new best practice mobile optimised website
                                                                                                                                                                                                                                                                                                                                                                                                                                          • Home shopping
                                                                                                                                                                                                                                                                                                                                                                                                                                            • France: PPR may cut 250 jobs at La Redoute
                                                                                                                                                                                                                                                                                                                                                                                                                                              • Netherlands: Bol.com sees record sales
                                                                                                                                                                                                                                                                                                                                                                                                                                                • UK: Amazon
                                                                                                                                                                                                                                                                                                                                                                                                                                                  • …beats HMV to top UK entertainment retailer place
                                                                                                                                                                                                                                                                                                                                                                                                                                                    • …expands sporting range for Olympics
                                                                                                                                                                                                                                                                                                                                                                                                                                                      • …eyes chilled food offensive
                                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Asos sales and margins up
                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Boohoo full-year profits grow
                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: Feelunique.com increases overseas marketing
                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Flying Brands reports sales fall
                                                                                                                                                                                                                                                                                                                                                                                                                                                                • UK: Kiddicare acquires 10 former Best Buy stores
                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: My-Wardrobe plans international launch
                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: N Brown reports like-for-likes rise 2%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Ocado
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • …enjoys late surge in Christmas sales
                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • …plans 'aggressive' marketing push
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • …pre-tax losses improve
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • …to cut prices in online price war
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • UK: Shop Direct chief Newton-Jones to leave
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: The Hut reports record sales
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Health and beauty retailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • Germany: Rossmann sees sales growth
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • Germany: Schlecker
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • …applies for insolvency
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • …to close inefficient stores
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • …to sell foreign business
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • UK: Boots sees sales rise more than 3% in December
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: Lush Christmas "exceeds expectations"
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: Superdrug delivers "solid" festive growth
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • Book and stationery retailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Foyles reports Christmas sales up 20%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Hallmark plans out international expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: Ryman profits driven by ecommerce
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: The Works reports strong Christmas performance and new CEO
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • UK: WHSmith reports like-for-likes fall 5%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Sports and leisure goods retailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Poland: Mountain Warehouse to expand in Poland
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Blacks set to be back in the black within a year
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Decathlon eyes Best Buy stores
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: JD
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • …formally acquires Blacks
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • …posts festive like-for-likes rise
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jewellers
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Switzerland: Richemont sales driven by Asia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Switzerland: Swatch
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • …reports a record profit as Asia demand grows
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • …reports record sales despite franc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Folli Follie enjoys 64% increase in sales over Christmas
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: LVMH considers bid for Aurum
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Signet UK sales rise 1.8% over Christmas
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Toys and games retailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: Hamleys posts record sales
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: Hawkins Bazaar
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • …bought forward by former owner Primary Capital
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • …close to finding buyer as further stores shut
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Hornby sale hit by weak Christmas trading
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: The Entertainer outperforms toy market by 22.1%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • Economy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Germany: German retail sales unexpectedly decline in December
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • UK: BRC: Stronger Christmas "reflects one-off factors"
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: Cost of retail crime rises 31%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: CPI at 4.2% in December
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: Glasgow Buchanan Street now 91% let
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Government launches Portas pilot to revive high street
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: January retail like-for-like sales fall
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Kantar:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • …reveals Sainsbury's market share highest since March 2003
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • …Tesco market share falls
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: Meadowhall applies for 70,000 sq ft extension
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: More shoppers do Christmas shopping via smartphone
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • UK: ONS: Retailers see December sales rise
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • UK: Retail employment rises 0.5% but weak outlook remains
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • UK: Scottish retail sales worst since at least 1999
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • UK: Shop price inflation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • …fall to near-two year low
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • …hits 16-month low in December
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • UK: Vacancy rates highlight north-south divide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • UK: Weekly spending power falls by £12
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • Beauty Retailing in Europe

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • Schlecker (incl Ihr Platz)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • Figure 15: Schlecker: Share of European health and beauty specialists’ sales, 2006-10
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        • Strategic evaluation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • Background
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Company performance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • Figure 16: Schlecker: Estimated sales performance, 2006-10
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • Figure 17: Schlecker: Estimated outlet data, 2006-10
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Store format
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              • Retail offering
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • e-commerce and home shopping

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Companies Covered

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • 99p Stores Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • A Levy & Son Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • A. S. Watson (Europe)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • A. S. Watson UK
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Advertising Standards Authority
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Agent Provocateur Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Agrokor
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ahold Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ahold USA
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • AirWair International Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Albert Heijn (fascia) Netherlands
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Aldi
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Alexon Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • All Saints
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Alliance Boots
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Allied Bakeries Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Amazon.com Inc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • American Golf Discount Centre Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Apax Partners
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Apple, Inc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Arcadia Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Argos
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Asda Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • ASOS
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Associated British Foods Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Aurum
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Axfood
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Bain Capital LLC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Barratts Trading Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • BC Partners Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • BDO Stoy Hayward
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Benetton Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Berghaus Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Best Buy Co.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Bestseller
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Billabong International Ltd.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Blacks Outdoor Division Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Blacks Outdoor Retail Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Bonmarché
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Boohoo.com plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Bravissimo Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • British Fashion Council
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • British Olympic Association
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • British Retail Consortium
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Bulgari S.p.A. [Bvlgari]
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Burberry Group Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Calvin Klein, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Carbon Trust
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Carpetright Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Carrefour
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Cartier SA
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Casino
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • CBRE | Melody
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Charterhouse Capital Partners LLP
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Chausport
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Co-operative Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Coach, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Colruyt (fascia) Belgium
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Comet Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Coop Atlantique
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Coop Konsum
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Cromwells Madhouse Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Currys
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • D2 Trading Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Daily Mirror (The)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Darty France
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Darty Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • David Sands Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Debenhams Total (GTV)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Decathlon Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Deichmann Schuh
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Delhaize Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Della Femina Rothschild Jeary and Partners
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Deloitte Touche Tohmatsu
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dixons Retail Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dixy Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • dm-Drogerie Markt
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dolcis Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Donna Karan International Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Douglas Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dr Oetker
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dunelm (Soft Furnishings) Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dwell
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Dyson Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • E Leclerc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • eBay Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Edeka Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • EH Booth & Co Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • El Corte Inglés
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Electra Partners Europe
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ernest Jones Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • ETK
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Evans Cycles UK Limited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Fat Face Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Feelunique.com
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Flying Brands Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Fnac
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Folli Follie UK Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Fortnum & Mason Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • French Connection (Retail)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Furniture Village Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Game Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Game Group - Europe
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • GameStop Corp
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Gap Inc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Gola
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Goldsmiths Group Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Google, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Greggs Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Groupon, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Grupo Inditex
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • H Samuel Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • H&M Hennes & Mauritz
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Habitat
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Haldane Foods Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Halfords Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hallmark
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hamleys of London Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Harvey Nichols UK
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hawkin's Bazaar
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hemkop
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • HMV Retail Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Home Retail Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Homebase Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hornby plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hotel Chocolat Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • House of Fraser Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Hugo Boss
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Iceland Foods Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • IKEA
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • IKI
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • J. Sainsbury
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jacques Vert Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jaeger Company's Shops Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jane Norman Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • JD Sports - Fashion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • JD Sports Fashion plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jerónimo Martins
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jigsaw
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • JJB Sports Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • John Lewis Partnership
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • John Lewis Plc (department store)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Joules
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Jumbo (Switzerland)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Kantar Media
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Karen Millen
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Kaufhof
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Kering
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Kesko
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Kiddicare
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Kingfisher UK & Ireland
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • La Redoute
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • La Redoute (pre 20xx)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • La Senza Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lakeland Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Land Securities Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Landsbanki Islands Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • lastminute.com plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lee Cooper
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lidl (UK)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Limited Brands Inc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lloyds Banking Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lotus International Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • LOVEFiLM International Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lunan Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Lush Retail Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • LVMH Moët Hennessy Louis Vuitton SA
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Magasin du Nord
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Magnit
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Majestic Wine Warehouse Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Manufacture Jaeger-LeCoultre
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Maplin Electronics Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Mappin & Webb Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Marks & Spencer
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Matalan Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • MAXIMA
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Maxima Latvia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • McArthurGlen UK Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Meadowhall Shopping Centre
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Media Markt/Saturn
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Mercator
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Metro Group (retail)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • MetroCentre
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Montres Breguet SA
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Morphy Richards Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Mothercare Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Mountain Warehouse Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Mulberry Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • My-Wardrobe
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • N Brown Group Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Netflix, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Netto (Denmark)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Netto Foodstores Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • New Look Group Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Next Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Nielsen Media Research, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Nike
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Nintendo Co Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Nisa
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Nordstrom
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Oasis Fashions Ltd - UK
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ocado
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Office for National Statistics
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Office Holdings Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Office of Fair Trading
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Oxylane (Décathlon)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Past Times
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • PC World (DSG UK Computing)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Peacock Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Peacocks
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Penny - Germany
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Pentland Group PLC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Perekrestok
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Permira Advisers Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Pets at Home Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Phones 4U Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Piaget
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Plus
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Poundland Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Poundstretcher Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • PriceLess
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Primark Stores Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • PrisXtra
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Pumpkin Patch Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Pyaterochka
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • QD Stores Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • R Barbour & Sons Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • R Griggs Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ramstore (Bulgaria)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Rewe
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Richemont Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • River Island Clothing Co Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Rossmann
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Royal Bank of Scotland Group plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ryman Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Schlecker
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Schuh Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Select (Retail) Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Selfridges Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Selfridges Retail Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Shop Direct Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Signet Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Sketchers U.S.A., Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Snappy Snaps Franchises Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Sonae Distribução
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Sony Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Spar (Netherlands)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Sports Direct Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Stop & Shop/Giant-Landover Arena (Ahold)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Sun Capital Partners, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Superdrug Stores Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • SuperGroup Plc (Retail)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Swatch
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Système U
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Target Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ted Baker
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Terra Firma Capital Partners Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Tesco Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Boston Consulting Group Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The British Land Company Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Carphone Warehouse Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Edinburgh Woollen Mill Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Entertainer (Amersham) Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Hut Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Kooples
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The London Organising Committee of the Olympic Games and Paralympic Games Limited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The North Face Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Officers Club Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Original Factory Shop Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The People's Supermarket
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Sun
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • The Works Stores Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Thorntons Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Timberland
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • TJ Morris Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Topman
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Topps Tiles Plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Topshop
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Ugo Foods Group Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Urban Outfitters
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • VF Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Victoria Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • VION Food Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Vivarte
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • W&G Foyle Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Waitrose Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Walmart Stores (USA)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Watches of Switzerland Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Watermark Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Westfield Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • WH Smith PLC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Whistles Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • White Stuff Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Wilkinson Hardware Stores Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Willys
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Wm Morrison Supermarkets
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Woolworths Group plc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Wyevale Garden Centres
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • X5 Retail Group
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                • Zavvi

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                European Retail Briefing - February 2012

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                £295.00 (Excl.Tax)