Researchmoz presents this most up-to-date research on " Department Store Retailing - UK - May 2013 ".
The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the .
Three fifths of shoppers enjoy looking
around a department store, even if they are not planning to make a
purchase. There is potential for retailers to use the latest technology
to capitalise on dwell time and persuade consumers to buy using
techniques such as personalised real-time special offers.
Some questions answered in this report include:
- How are consumers using department stores for shopping in today’s multichannel retail environment?
- What can department stores do to attract younger shoppers?
- How can retailers encourage people to shop more at department stores?
- Is showrooming becoming an increasing issue for department stores?
- What are the main department stores doing to excel in clothing, which is one of the core categories?
- To what extent have the main players been investing in their beauty offering
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Table Of Content
Introduction
Department store definition
Sector benchmarks
Department stores
Mixed goods retailers
Accounting policy
Market shares
Abbreviations
Executive Summary
The market
Figure 1: Best- and worst-case forecast for department store sales, 2007-17
Market factors
Consumer spending
Figure 2: Consumer spending on core department store categories, 2007-12
Foreign visitors
Figure 3: Overseas residents’ visits to the UK, by area of residence, 2011 and 2012
Overseas visitor influence
Changing population structure
Companies, brands and innovation
Market shares
Figure 4: Leading department stores: market shares, 2007 and 2012
Winners and losers 2012/13
Figure 5: Leading department stores: compound growth in GTV, 2007/08-2012/13
Major innovations
Space allocation
Figure 6: Department stores, summary space allocations, 2013
Online growth
Figure 7: Online sales, by the leading department stores (excl. VAT), 2011/12 and 2012/13
The Consumer
How often they shop
Figure 8: Frequency of purchasing at department stores, in-store and online, March 2013
Where they purchase
Figure 9: Department stores purchased from in the past six months, in-store and online, March 2013
How people shop at department stores
Figure 10: How people shop at department stores, March 2013
Attitudes towards shopping at department stores
Figure 11: Attitudes towards shopping at department stores, March 2013
What would encourage them to shop more
Figure 12: What would encourage them to shop more at a department store, March 2013
What we think
Issues in the Market
How are consumers using department stores for shopping in today’s multichannel retail environment?
What can department stores do to attract younger shoppers?
How can retailers encourage people to shop more at department stores?
Is showrooming becoming an increasing issue for department stores?
What are the main department stores doing to excel in clothing, which is one of the core categories?
To what extent have the main players been investing in their beauty offering?
Trend Application
Trend: Experience is All
Trend: FSTR HYPR
Mintel Futures: Human
Economic and Demographic Context
Key points
Foreign visits
Figure 13: Overseas residents’ visits to the UK, by area of residence, 2011 and 2012
Changing population structure
Figure 14: Trends in the age structure of the UK population, 2007-17
The economy
Figure 15: UK: Real-Terms, year-on-year GDP growth, Q1 2009-Q2 2012
Inflation
Figure 16: Consumer prices index selected categories, annual % change, December 2011-December 2012
Figure 17: Average monthly cotton prices per lb, January 2011-January 2013
Consumer Spending on Department Store Categories
Key points
Core department store categories
Figure 18: Consumer spending on core department store categories, 2007-12
Full spending breakdown
Figure 19: Consumer spending on department store categories (incl vat), 2007-12
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