Economic Update July 2012
Overall the economy remains fairly stable and looks set to remain so for the remainder of the year. That said, stable does not equate to positive: the economy is still extremely weak with a notable absence of any growth. Consumers remain under pressure with both a squeeze on disposable incomes and on savings. However, there …
July 26, 2012
Halfords Trading Update
13 weeks to 29 June 2012 The dismal weather has helped to create a dismal set of results at Halfords with retail sales in strong negative territory, with total sales down by 7.8% and Like for Like retail sales down by 7.5%, despite relatively soft comparatives from last year(when total retail sales were down 1.1% …
July 26, 2012
ONS Retail Sales Figures: June
June change (year-on-year) Total* 2.8% *This figure is non-seasonally adjusted year-on-year value growth, excluding petrol, which we believe gives the most accurate reflection of retail performance While the Queen’s Jubilee celebrations provided some boost to retail sales in June, the overall impact has been subdued as consumers subsequently returned to their more entrenched cautious spending habits amid the ongoing weak economic environment. The beginning …
July 26, 2012
Mothercare Interim Management Statement
15 weeks to 14 July 2012 Group Sales -4.4% UK Sales -10.2% UK LFL Sales -6.7% Mothercare’s bleak start to its financial year was expected, with the retailer facing a long road ahead to turnaround its struggling UK operations. While continued double-digit international growth is a reflection of its significant global potential, Mothercare continues to struggle domestically amid mounting competitive threats and a …
July 26, 2012
Sports Direct Preliminary Results
53 weeks to 29 April 2012 Group revenue +13.0% UK sports retail +7.8% *Please note, comparatives are on a 52 week pro forma basis This is a set of results worthy of the summer of sport and is marked contrast to the disappointing numbers recently put out by rival JJB. In many ways, it …
July 26, 2012
BHETA'S Robert Dyas Day Yields Multiple Listings
The ‘Meet the Buyer’ day organised by The British Home Enhancement Trade Association (BHETA) with garden and homewares retailer, Robert Dyas, has led to seven confirmed new listings to date plus four further ongoing discussions which are each viewed by Robert Dyas’ commercial director, Phil Green as “very positive”. The companies with confirmed listings in …
July 19, 2012
DIY Forum Secures Unprecedented Turnout
July 11th’s DIY Forum had an unprecedented turn out with more than 70 members enjoying presentations from Brintex Events, Hozelock, Screwfix, the University of Birmingham and Insight Retail Group Limited. Paul Grinsell, Sales Director at Brintex Events, organisers of Totally DIY and Totally Tools, updated BHETA members on the plans for 2013. Moving away from …
July 19, 2012
Leekes' Amanda Reed Focuses on Good Times and Supplier Opportunities
BHETA’s Housewares Forum on June 28th welcomed Amanda Reed, the head of buying for family-run department store group, Leekes as its guest speaker. Described by Amanda as “John Lewis plus B&Q plus Wyevale”, Leekes is flourishing based on a product offer encompassing home building to home fitting out, furnishing, decorating and equipping to the creation …
July 19, 2012
BHETA Welcomes New Members
Housewares company, Swan Products Limited, its Swan brand still synonymous with British manufacturing quality and innovation, is the latest famous name to join the ranks of the British Home Enhancement Trade Association (BHETA). The Stoke on Trent company is developing and marketing the brand with original Swan employees who are keen to see a return …
July 19, 2012
BHETA Launches New DIY Market Reports Service
The British Home Enhancement Trade Association (BHETA) has formed a partnership with a leading retail research consultancy to launch The Home Category research programme, which provides members with a series of in-depth DIY category reports at very affordable prices. The Home Category Research Programme allows members to: – Assess and size new business opportunities – …
July 19, 2012
