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

UK Retail Briefing - June 2011

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

What you get

What's included

Why buy from us?

Succeed

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

Instant Access

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

Opportunities

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

Trusted

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

Table of contents

  1. Analyst Comment

    • Argos – what’s gone wrong?
      • The performance
        • Figure 1: Argos and its key retail sectors performance, 2009-11
        • Figure 2: Argos sales mix, 2009-10
      • What has gone wrong?
        • Dixons – a revitalised business fighting back
          • Tesco Direct – taking a leaf out of Argos’ Book
            • A dull shopping experience
              • Where next?
              • Headlines for the Month

                • Grocers
                  • Food and drink specialists
                    • Clothing retailers
                      • Footwear retailing
                        • Multi-sector retailing
                          • Miscellaneous specialists
                            • Mixed goods retailers
                              • Department stores
                                • DIY retailing
                                  • Electricals retailing
                                    • Home shopping
                                      • Health and beauty retailing
                                        • Books and stationery
                                          • Sports and leisure goods retailing
                                            • Jewellers
                                              • Toys and games retailers
                                              • Retail Sales – Background and Outlook

                                                • Key points
                                                  • Retail sales trends
                                                    • Figure 3: Retail sales trends, 2010-11
                                                  • So what is really going on?
                                                    • BRC
                                                      • Figure 4: UK retail sales y/y growth, BRC vs ONS, 2010-11
                                                    • John Lewis
                                                      • Figure 5: John Lewis: Year-on-year growth, 2010-11
                                                    • Inflation and wages
                                                      • Figure 6: RPI vs Average weekly earnings growth, 2005-11
                                                    • Inflation remains uncomfortably high
                                                      • Figure 7: Annual percentage change in the Consumer Price Index for selected product groups, 2010-11
                                                    • Looking forward
                                                    • Sector Analysis – Miscellaneous Non-Food Specialists

                                                        • Sector relatives
                                                          • Figure 8: Miscellaneous specialists’ sales as % of all retail sales, 2006-10
                                                        • Retail sales data
                                                          • Figure 9: Miscellaneous specialists’ retail sales, current prices, 2006-10
                                                          • Figure 10: Miscellaneous specialists’ retail sales, May 2010-April 2011
                                                        • Consumer prices inflation
                                                          • Figure 11: Consumer prices inflation in selected categories, June 2010-May 2011
                                                          • Figure 12: Consumer prices inflation in selected categories, June 2010-May 2011
                                                        • Consumer expenditure
                                                          • Figure 13: UK: Consumer spending, selected categories, 2006-10
                                                        • Leading players
                                                          • Books/news
                                                            • Figure 14: UK: Leading book and news retailers, 2009/10
                                                          • Health and beauty
                                                              • Figure 15: UK: Leading health & beauty retailers, 2009/10
                                                            • Other specialists
                                                              • Figure 16: UK: Leading other specialist retailers, 2009/10
                                                          • News Analysis

                                                            • Grocers
                                                              • Asda
                                                                • …considers bid for Iceland
                                                                  • …makes £27m food quality investment
                                                                    • …opens converted Netto stores
                                                                      • …reports flat like-for-likes
                                                                        • …to open George clothing stores in Middle East
                                                                          • Asda Income Tracker: Families £13 worse off
                                                                            • Co-op
                                                                              • …members give £3m to charity
                                                                                • …relaunches Truly Irresistible in sales push
                                                                                  • Haldanes files for administration
                                                                                    • Heron Food sales rise but profits fall
                                                                                      • Iceland Foods
                                                                                        • …goes on sale, with bids expected to reach £2bn
                                                                                          • …profits rise 20%
                                                                                            • Morrisons
                                                                                              • …buys wholesale florist
                                                                                                • …prepares bid for Iceland
                                                                                                  • …saves up promotions for shoppers' payday
                                                                                                    • Sainsbury's
                                                                                                      • …expands Click & Collect network
                                                                                                        • …looking to attain growth 'beyond food'
                                                                                                          • …profits up 9%
                                                                                                            • …Shapland leaves
                                                                                                              • Tesco
                                                                                                                • …appoints digital and marketing officer
                                                                                                                  • …expands click-and-collect service
                                                                                                                    • …Japan boss takes UK role
                                                                                                                      • …looks to entice fashion brands
                                                                                                                        • …to launch new brands
                                                                                                                          • …trials in-store 'sat-nav' system
                                                                                                                            • Waitrose
                                                                                                                              • …to launch healthy range
                                                                                                                                • …to launch high street cafe
                                                                                                                                  • Food specialists
                                                                                                                                    • Greggs sees continued total sales growth
                                                                                                                                      • Clothing retailing
                                                                                                                                        • American Eagle circles London for first UK stores
                                                                                                                                          • Ann Summers to re-launch sex toys as part of re-branding strategy
                                                                                                                                            • Arcadia
                                                                                                                                              • …marketing boss joins M&S
                                                                                                                                                • …Green to sell Bhs stores to Primark
                                                                                                                                                  • Aurora to extend 90-minute delivery option outside M25
                                                                                                                                                    • Bravissimo profits hit by Pepperberry
                                                                                                                                                      • Burberry
                                                                                                                                                        • …expects 40% profit rise
                                                                                                                                                          • …focuses on flagships as profits rise
                                                                                                                                                            • French Connection confident it will hit yearly targets
                                                                                                                                                              • George at Asda turns 21 and sparks new plans
                                                                                                                                                                • H&M
                                                                                                                                                                  • …sales rise with warm weather
                                                                                                                                                                    • …to open first UK concession in Selfridges
                                                                                                                                                                      • Hobbs to launch contemporary sub-brand
                                                                                                                                                                        • Jane Norman
                                                                                                                                                                          • …boss exits
                                                                                                                                                                            • …up for sale
                                                                                                                                                                              • Kookai sales fall after repositioning
                                                                                                                                                                                • Life & Style on brink of administration
                                                                                                                                                                                  • Mango changes logo to appeal to mature customers
                                                                                                                                                                                    • Moss Bros reports like-for-likes up 8.2%
                                                                                                                                                                                      • New Look profits fall sharply
                                                                                                                                                                                        • Peacocks appoints Allan Leighton
                                                                                                                                                                                          • Phase Eight reports 42% rise in pre-tax profits
                                                                                                                                                                                            • SuperGroup
                                                                                                                                                                                              • …acquires Austin Reed Regent Street store
                                                                                                                                                                                                • …growth slows in Q4
                                                                                                                                                                                                  • TK Maxx slows expansion to cope with tougher trading
                                                                                                                                                                                                    • Topshop launches 'secret' in-store pop-up shop
                                                                                                                                                                                                      • Footwear retailing
                                                                                                                                                                                                        • Dune relaunches website in bid for 50% growth
                                                                                                                                                                                                          • Jimmy Choo sold for £50m
                                                                                                                                                                                                            • Kurt Geiger
                                                                                                                                                                                                              • …launches discount website
                                                                                                                                                                                                                • …sold to Jones Group for £215m
                                                                                                                                                                                                                  • Shoe Zone profits fall after store investment
                                                                                                                                                                                                                    • Multi-sector retailing
                                                                                                                                                                                                                      • HMV
                                                                                                                                                                                                                        • …close to securing £210m refinancing deal
                                                                                                                                                                                                                          • …receives £43m cash bid for Waterstone's
                                                                                                                                                                                                                            • …sells Waterstone's to Russian billionaire
                                                                                                                                                                                                                              • Argos sales down, but Homebase steady
                                                                                                                                                                                                                                • Miscellaneous specialists
                                                                                                                                                                                                                                  • SCS to open carpet department in stores
                                                                                                                                                                                                                                    • Albermarle & Bond full year trading to be at top end of expectations
                                                                                                                                                                                                                                      • Halfords
                                                                                                                                                                                                                                        • …Autocentres reports improved sales
                                                                                                                                                                                                                                          • …profits up 7.2% despite tough retail sales
                                                                                                                                                                                                                                            • …trials smaller high street bike shops
                                                                                                                                                                                                                                              • Mothercare to close outlets as profits slump
                                                                                                                                                                                                                                                • Mixed goods retailers
                                                                                                                                                                                                                                                  • B&M Bargains
                                                                                                                                                                                                                                                    • …acquires 11 Focus stores following Focus' collapse
                                                                                                                                                                                                                                                      • …reports strong year
                                                                                                                                                                                                                                                        • Marks & Spencer
                                                                                                                                                                                                                                                          • …bolsters food division team
                                                                                                                                                                                                                                                            • …chief considers moving company upmarket
                                                                                                                                                                                                                                                              • …sees profits and market share rise
                                                                                                                                                                                                                                                                • 99p Stores sees profits rise amid international plans
                                                                                                                                                                                                                                                                  • Department stores
                                                                                                                                                                                                                                                                    • HoF and Debenhams kick off summer sales early
                                                                                                                                                                                                                                                                      • Debenhams’ suppliers compete in auction-style bidding war
                                                                                                                                                                                                                                                                        • Harrods launches iPhone app
                                                                                                                                                                                                                                                                          • Harvey Nichols owner eyes Aurum
                                                                                                                                                                                                                                                                            • House of Fraser
                                                                                                                                                                                                                                                                              • …closes £250 bond issue
                                                                                                                                                                                                                                                                                • …reports strong full year profits
                                                                                                                                                                                                                                                                                  • …to launch Portas collection
                                                                                                                                                                                                                                                                                    • John Lewis
                                                                                                                                                                                                                                                                                      • …confirms commitment to NKU
                                                                                                                                                                                                                                                                                        • …sales down
                                                                                                                                                                                                                                                                                          • Laura Ashley like-for-likes down
                                                                                                                                                                                                                                                                                            • DIY retailing
                                                                                                                                                                                                                                                                                              • B&Q opens nine new You Can Do It Centres
                                                                                                                                                                                                                                                                                                • Focus DIY
                                                                                                                                                                                                                                                                                                  • …business receiving "fantastic level of interest"
                                                                                                                                                                                                                                                                                                    • …stores acquired by Wickes and B&M Bargains revealed
                                                                                                                                                                                                                                                                                                      • …to close 120 stores
                                                                                                                                                                                                                                                                                                        • Kingfisher attributes strong first quarter to good weather
                                                                                                                                                                                                                                                                                                          • Topps Tiles reports flat profits and sales
                                                                                                                                                                                                                                                                                                            • Wickes acquires 13 Focus stores for £8.4m
                                                                                                                                                                                                                                                                                                              • Electrical retailing
                                                                                                                                                                                                                                                                                                                • Comet
                                                                                                                                                                                                                                                                                                                  • …like-for-like sales fall 15.2%
                                                                                                                                                                                                                                                                                                                    • … disposal rumoured
                                                                                                                                                                                                                                                                                                                      • …‘We’re not closing down’
                                                                                                                                                                                                                                                                                                                        • Dixons
                                                                                                                                                                                                                                                                                                                          • …agrees £59m sale and leaseback deal
                                                                                                                                                                                                                                                                                                                            • …teams up with big brands for service push
                                                                                                                                                                                                                                                                                                                              • …to drive profit through its Knowhow service division
                                                                                                                                                                                                                                                                                                                                • …UK like-for-likes fall
                                                                                                                                                                                                                                                                                                                                  • Everything Everywhere opens 30 own name stores
                                                                                                                                                                                                                                                                                                                                    • Jessops opens 2nd Centre of Excellence store
                                                                                                                                                                                                                                                                                                                                      • Maplin sees three directors leave
                                                                                                                                                                                                                                                                                                                                        • Home shopping
                                                                                                                                                                                                                                                                                                                                          • The Hut acquires Myprotein.com for £58m
                                                                                                                                                                                                                                                                                                                                            • Asos profits up 41%
                                                                                                                                                                                                                                                                                                                                              • Brand Alley seeks £87m to fund growth
                                                                                                                                                                                                                                                                                                                                                • Findel profits fall as turnaround begins
                                                                                                                                                                                                                                                                                                                                                  • My-Wardrobe.com like-for-like sales rise 96%
                                                                                                                                                                                                                                                                                                                                                    • N Brown reports full year profits rise 5.5%
                                                                                                                                                                                                                                                                                                                                                      • Ocado sales growth slows but first half EBITDA up
                                                                                                                                                                                                                                                                                                                                                        • Health and beauty retailing
                                                                                                                                                                                                                                                                                                                                                          • Alliance Boots sees profits rise
                                                                                                                                                                                                                                                                                                                                                            • Lloyds Pharmacy launches new website
                                                                                                                                                                                                                                                                                                                                                              • Book and stationery retailing
                                                                                                                                                                                                                                                                                                                                                                • Clinton Cards reports fall in like-for-like sales
                                                                                                                                                                                                                                                                                                                                                                  • HobbyCraft unveils new store concept
                                                                                                                                                                                                                                                                                                                                                                    • Staples to roll out in-store entrepreneurial courses
                                                                                                                                                                                                                                                                                                                                                                      • Sports and leisure goods retailing
                                                                                                                                                                                                                                                                                                                                                                        • American Golf sees sales rise
                                                                                                                                                                                                                                                                                                                                                                          • Go Outdoors secures £30m credit facility to fund expansion
                                                                                                                                                                                                                                                                                                                                                                            • JD Sports like-for-likes fall, but in line with expectations
                                                                                                                                                                                                                                                                                                                                                                              • JJB warns turnaround could take five year as losses triple
                                                                                                                                                                                                                                                                                                                                                                                • Jewellers
                                                                                                                                                                                                                                                                                                                                                                                  • Signet
                                                                                                                                                                                                                                                                                                                                                                                    • …considers sale of UK arm
                                                                                                                                                                                                                                                                                                                                                                                      • …insists it will continue to invest in UK
                                                                                                                                                                                                                                                                                                                                                                                        • …UK like-for-likes remain flat
                                                                                                                                                                                                                                                                                                                                                                                          • Toys and games retailing
                                                                                                                                                                                                                                                                                                                                                                                            • Disney Store makes sharp cut in losses
                                                                                                                                                                                                                                                                                                                                                                                              • Early Learning Centre launches new mobile website
                                                                                                                                                                                                                                                                                                                                                                                                • Economy
                                                                                                                                                                                                                                                                                                                                                                                                  • BRC
                                                                                                                                                                                                                                                                                                                                                                                                    • …says UK consumers lack optimism
                                                                                                                                                                                                                                                                                                                                                                                                      • …Like-for-like sales fall 2.1% in May
                                                                                                                                                                                                                                                                                                                                                                                                        • …responsible retailing guide for kisdwear sees retailers sign up
                                                                                                                                                                                                                                                                                                                                                                                                          • British Land to begin new developments
                                                                                                                                                                                                                                                                                                                                                                                                            • Capital Shopping Centres plans expansion as footfall grows
                                                                                                                                                                                                                                                                                                                                                                                                              • CPI annual inflation rise to highest level in 2.5 years
                                                                                                                                                                                                                                                                                                                                                                                                                • Food inflation at highest level in two years
                                                                                                                                                                                                                                                                                                                                                                                                                  • Hard discounters and Waitrose post strong growth
                                                                                                                                                                                                                                                                                                                                                                                                                    • Like-for-like sales rise 5.2% in April
                                                                                                                                                                                                                                                                                                                                                                                                                      • Retail sales rise 6.2% in April
                                                                                                                                                                                                                                                                                                                                                                                                                        • Suit prices to rise by 10% as wool prices reach record high
                                                                                                                                                                                                                                                                                                                                                                                                                          • Westfield London sales grow 19.8% in Q1

                                                                                                                                                                                                                                                                                                                                                                                                                          UK Retail Briefing - June 2011

                                                                                                                                                                                                                                                                                                                                                                                                                          US $377.39 (Excl.Tax)