Dallas, TX -- (SBWire) -- 07/28/2011 --UK Department Stores 2011: The department store channel proved to be resilient in 2010 and is forecast to grow again in 2011, despite disposable incomes coming under significant pressure from rising prices of basic commodities including food and fuel. We forecast that sales via department stores will grow by 3.9% in 2011, outpacing the whole retail sector for the third consecutive year.
Features and benefits
Benchmark your performance against competitors, through comparing market shares, sales densities and profitability to other department store players
Uncover how inflation pressures will challenge your business performance and what is required to justify charging more for product
Achieve revenue growth by identifying the most successful product sectors and utilising space for the best performing categories
Highlights
VAT and sourcing cost rises will cause department store prices to increase by 1.2% in 2011, only the second year they have done so since 1998, which will affect customers’ willingness to buy, subsequently bringing 2011 sales volume growth down to just 2.7% from 5.8% in 2010
Department stores are planning a new wave of growth having put expansion plans on hold during the recession. However, figures show that retailers with high operating margins tend to be those who have avoided opening space. Retailers may need to reassess their approach to new investment to establish whether it really adds more to sales than to costs
Online sales have now reached the point where their growth is accounting for a larger and larger share of turnover, impacting performance in physical stores. We believe retailers will need to start a review of their physical store requirements to decide which are the most profitable formats, layouts and product ranges to serve their future needs
Your key questions answered
Who are the top performing department stores in terms of UK turnover, profitability and market share?
How are my competitors expanding through new store formats within the UK and how are they increasing their international presence?
What are the benefits of own-brand ranges and which of my competitors have them?
Buy Now: UK Department Stores Market
http://www.reportsnreports.com/reports/109478-uk-department-stores-2011.html
Browse All: Latest Market Research Reports
http://www.reportsnreports.com/LatestReport.aspx
About ReportsnReports
ReportsnReports.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. We offer you customization options on reports by & custom reports through MarketsandMarkets.com. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
ReportsnReports.com: UK Department Stores 2011
Verdict Market Research Reports “UK Department Stores 2011” is now available at ReportsnReports.com