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?

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