European Retail Digest articles from March 2006

European Retail Digest archives from March 2006

Editorial.(Editorial)
March 22, 2006... The squeeze affecting some UK retailers through a combination of price deflation and cost inflation is well documented and appears to show no signs of abating. Work by PricewaterhouseCoopers presented at the 2005 Retail Week conference...

Beyond EDLP and HiLo: a new customised approach to retail pricing.(Retail Pricing)
March 22, 2006... A Changing Retail Landscape Developing a coherent and profitable pricing strategy has become an increasingly challenging task for grocery retailers in the US. In the past decade, the retail environment has become increasingly more...

Pricing for profit.(Retail Pricing)
March 22, 2006... Introduction Pricing is critical to a retail business, yet many retailers have an unsophisticated approach to managing prices, often implicitly basing pricing decisions on a 'cost plus' or a 'last year plus inflation' basis. This is...

Price promotions and store flyers: complementary promotional techniques?(Retail Pricing)
March 22, 2006... Introduction In an environment as competitive as the retail distribution sector, and given that an estimated 69% of people do not draw up a shopping list before visiting a particular store (Corstjens & Corstjens, 1995), aspects such as the...

Is the price right?(Retail Pricing)
March 22, 2006... Setting prices in today's intensely competitive and dynamic retail environment is a complex task. This article explores why many retailers are getting their pricing strategies and actions wrong, and how they could get it right by using data...

Retailing in the UK and Ireland.
March 22, 2006... In this article Euromonitor International examines the main trends and developments in retailing in the UK and Ireland. Retailing sales have been characterised by a relative stagnation in the UK in 2005, as high street retailers focused on...

Retail land-use planning: the Scottish perspective.
March 22, 2006... It is often assumed that when we talk about retail land-use planning in the UK, a single system is in place. References to PPS6 (which applies in England) are assumed to relate equally to the situation in Scotland (where PPS6, formerly PPG6 did...

Internet shopping in Wales.
March 22, 2006... Introduction Internet shopping is a phenomenon within modern retailing. During a relatively short time it has surpassed (1) catalogue sales and become a challenger to the high street, with consumer demand putting pressure on stores to...

Dundrum Town Centre: Irish shopping in the twenty first century.
March 22, 2006... The opening of the Dundrum Town Centre development in March 2005 heralded a new phase in the development of retail facilities in the Republic of Ireland. Designed as part of Dun Laoghaire-Rathdown County Council's urban strategy to provide a...

Pricing in Europe: pressures for convergence in the Eurozone.(European Political Issues)
March 22, 2006... Economic and Monetary Union EMU was launched on 1 January 1999. From that date, the euro became the official currency for financial transactions and large ticket items, including cars. In January 2002, the euro took over as circulating...

Trendy Copenhagen.(News Analysis)
March 22, 2006... Today Copenhagen is one of Europe's trendiest and most inspiring cities. This article explores and discusses why and how international companies can benefit from studying consumption trends in Copenhagen by entering into a dialogue with the 3-5...

A focus on emerging markets.(News Analysis)
March 22, 2006... IGD's 7th annual Global Retailing Conference will be held this year on Tuesday 13th June at the QEII Conference Centre, London. One of the key issues that will be considered at this year's conference is the opportunity presented by emerging...

Retail signage.(News Analysis)
March 22, 2006... Why so much Waste? Promotions are becoming important to attract and keep loyal customers. They are used to introduce products, revitalise poor sales or to respond to price points of competitors. Only 20% of promotions are advertised in...

3C, Internet dynamics and retail: towards a new market segmentation?(News Analysis)
March 22, 2006... Introduction The Internet introduces new business choices for customer interaction. In this article we introduce two claims. Firstly, we will show that the way companies shape their customer interaction, and not their sector or size,...

South Africa's emerging black middle class.(Letter / South Africa)
March 22, 2006... Dear Reader: South Africa is currently experiencing its longest economic boom since the 2nd World War. The cause is primarily three-fold, rising disposable incomes, low interest and inflation rates, and an emerging and energetic black...

Location research planning: the need for less hype.(Letter / America)
March 22, 2006... Dear Reader: Increasingly, technology is being applied to retail location planning on both sides of the Atlantic. Location analysis software is employed with retailers' customer data--together with information on competitors,...

Driving successful shopping occasions through deeper insights.(Viewpoint)
March 22, 2006... Introduction The rules of the retail market have changed. Pronounced shifts in demographics, attitudes and values have fragmented the marketplace and created a world of extremes. Consumers now want products and services that meet their...