festive trading 2013-14 | christmas sales report

FSP RETAIL BUSINESS CONSULTANTS

Christmas Sales Report 16 January 2014

2 FSP Christmas Sales Report – 16 January 2014 FSP RETAIL BUSINESS CONSULTANTS

Comment

In our first Christmas commentary, we noted that consumer trust probably played a big part this year in the fortunes of John Lewis et al. However, it’s not just longevity that cultivates such trust, some of the well-known but comparatively more recent fascias on the high street – such as Boux Avenue, Radley, Mountain Warehouse, Lush, The Fragrance Shop and Joules - have posted some very positive like-for-likes, whilst those with much longer retailing history, like M&S, Tesco, Morrisons and Mothercare have all foundered this Christmas. Grocery, as a category, has fared worst, with the 7 retailers reporting like-for-likes not averaging anything positive. Indeed, if it weren’t for the nation’s love of chocolate, the category would be even more in the doldrums. Clothing & Footwear is the best performing category, with all bar Mothercare reporting positive like-for-likes. Please see the individual categories for a comprehensive view of trading reported so far. Please note, the like-for-like data in some categories remains limited until more retailers report:

2011/12 2012/13 2013/14

Clothing & Footwear 12 8 10 Personal 9 5 4 Food & Beverage* 2 8 3 Household 12 7 5 Leisure 5 6 5 Department Stores 8 5 6 Grocery 7 16 7

3 FSP Christmas Sales Report – 16 January 2014 FSP RETAIL BUSINESS CONSULTANTS

All Retailers

4 FSP Christmas Sales Report – 16 January 2014 FSP RETAIL BUSINESS CONSULTANTS

Christmas Trading and Administrations It is still the case that FSP’s retailer database shows no retail casualties over the festive period. Tie Rack, although not a Christmas casualty, finally reached the point of a CVA on January 2nd with which the creditors are not happy.

The number of retailers recorded on SnapShop entering administration in each of the past few years is: 2013 – 43 2012 – 44 2011 – 57 2010 – 42 2009 – 93 2008 – 56

5 FSP Christmas Sales Report – 16 January 2014 FSP RETAIL BUSINESS CONSULTANTS

3 Year Comparison

Where retailers report a similar period (and for the same part of the group) year-on-year, FSP compares the like-for-like trading each year. More retailers will be added in the next report.

6 FSP Christmas Sales Report – 16 January 2014 FSP RETAIL BUSINESS CONSULTANTS

Merchandise Groups Department Stores

Clothing & Footwear

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Grocery

Household Goods

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Personal Good

Food & Beverage

Leisure Goods

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Online Sales

FSP Christmas Sales Report Methodology

FSP seeks to gain an accurate review of the Christmas period, hence the period end date must be at least Christmas Eve and no later than the end of January; the period must be 13 weeks or less.

Online Sales are always shown as Total changes. Graphs are ranked in order, highest to lowest, first by Like-for-Like change, then by Total change

www.fspretail.com

FSP has gone to its best efforts to ensure this data is correct but the author reserves the right not to be responsible for the accuracy

of information provided.

FSP RETAIL BUSINESS CONSULTANTS 19 Manor Courtyard Hughenhen Avenue High Wycombe UK, HP13 5RE T +44(0)1494 474740 F +44(0)1494 474262 fspretail@fspretail.com www.fspretail.com www.snap-shop.co.uk

Heidi Roberts Associate Director T +44(0)1494 474740 F +44(0)1494 474262

Heidi@fspretail.com

Tanu Bajaj Business Analyst T +44(0)1494 474740 F +44(0)1494 474262

Tanu@fspretail.com