1. The Signature Brands (the supply group that operates the Paul Costelloe, Four Seasons and Dannimac
Summary brands), Azuri, Sam Thomas and Shakeaway went into administration since our January Update.
Four retailers are new to UK including Core Spirit, Green Cauldron Coffee, Jacobson Group and
Timeout Jeans – see our new retailers section.
Birth and Death of Retailers
10
5
0
Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan-
09 09 10 10 10 10 10 10 10 10 10 10 10 10 11
In Adminis tration New Retailers
In the news…
A cold month overall with business (Bargain Booze, Bench, Hooch and Jaeger) being put up for
sale. It was interesting to note that two of the retailers namely Paul Costelloe, and Shakeaway
were shaken with appointment of administrators but were rescued relatively quickly.
Presence of retailers in social networks, launch of Facebook shops seems to be trending recently.
Acquisition of Kiddicare by Morrisons for £70m may be just re-enforces the above trend.
In all this business transformation, royal wedding fever is upbeat as chefs are invited to a cake
design competition to celebrate the forthcoming royal wedding also one might even be able to
celebrate on Royal Wedding weekend with extended opening hours to restaurants and pubs on
Saturday 30 April and Sunday 1 of May.
Last but not the least FSP’s retailer of the month award goes to “Waitrose” as it dominated the
news as its opens first store in the Channel Islands, huge expansion plans underway, introduction
of Little Waitrose, winning annual supermarket satisfaction survey etc…
www.snap-shop.co.uk
2. Geoff’s The Changing Face of UK Retailing
View
Visiting the first Discount UK outlet, the new fascia from Poundworld, prompted some thoughts
about the dynamism of UK retailing. The Discount UK proposition is to offer a wide variety of
branded, mostly household, products at discounted prices. There is no great depth within each
merchandise category but major brands are on offer. The store environment is bright, well laid-out
and tidy.
The proposition is not unique – it has been part of the Wilkinson offer for years – but it represents
another challenge to specialist retailers. Needing to restock my current preferred everyday writing
implement, a Mitsubishi Uni-ball, I discovered it was available from Discount UK, Wilkinson and
Ryman. Ryman had it at a price significantly higher than the other two but within a much broader
product offer. Within a self-serve environment, no alternative to the Uni-ball caught my eye and I
was offered no assistance. Given the high fixed costs of retailing, the loss of turnover on best
selling lines has a severe impact on profitability. Added to the current wider economic conditions,
new competition cannot be much welcomed by existing players.
If specialist retailers are to survive, they will have to emphasise their specialism, recognising all its
implications for the definition of the target customer and how best to meet their requirements. The
population required to provide sufficient customers for a stationery specialist, for example, is quite
large. Logically therefore, the emerging distinction between relatively few large shopping locations
that can support specialist shops, the majority that can support only mass market retailers and
locations where retailing is ancillary to its leisure attractions, will be reinforced. This is of course a
familiar pattern within the village context. Unless they are a tourist attraction, they already have, at
best, just a convenience store, some services such as a hairdresser and a pub - comparison
shopping takes place in the neighbouring town. This process of increasing specialisation is now
moving further up the retail hierarchy, facilitated by internet shopping. Remaining at the lower
levels of the hierarchy will be “convenience” stores, large footprint outlets that generate the
necessary volume of business to be profitable with limited merchandise margins, services such as
pawn broking, shoe repair and hairdressing, and a leisure offer that will include restaurants and
cafes.
While such a development creates challenges for retailers and property owners, the driver is the
consumer who benefits. The customer indeed is king.
With kind regards
Geoff Nicholson
Managing Director, FSP
geoff@fspretail.co.uk
www.snap-shop.co.uk
3. New Retailers
Camper is to launch an online venture Medwinds selling lifestyle fashion exclusively online
Core Spirit has launched its first standalone store in London‟s New Bond Street - with its own in-store
catwalk
Green Cauldron has opened in Liverpool, as part of a £12.5m investment to break into the UK market
Coffee
Jacobson Group has agreed a licence to design, develop and distribute Babycham branded footwear,
accessories & apparel in the UK, Europe & North America
Timeout Jeans is seeking shops between 1,500sq ft and 2,500sq ft in shopping centres & high streets
across the south of England
Kate Spade is close to securing its first UK store. It is under offer to take Ted Baker's 2,500 sq ft shop at
9-10 Floral Street
Store News
Abercrombie & Fitch and its sister brand Hollister are set to make their Irish debuts
Albemarle and Bond is rolling out a new fascia across its portfolio as it looks to revamp its image as its retail
sales fall in the face of soaring gold prices
Amazon has launched a lingerie range on its UK site as it seeks to widen its fashion offer
ASDA has launched a dating website (asdadating.com) to pair up singles looking for love based
on their shopping habits
Avon has launched a social networking site to connect its sales people with new & existing
customers
Barratts has increased its email conversion rates after an overhaul of its e-commerce strategy
Bestseller House has once again increased its stake in etailer Asos and now owns just over 20% of the
company
Browns Restaurant along with Pesto and the Handmade Burger Company has taken restaurant space at
Hammerson's proposed extension to the Birmingham Bullring
Burberry is to take the store on Regent Street which is currently occupied by Habitat
Cafe Rouge is trialling a fast-service version of itsbrand outside London's Euston Station
Canterbury Of New is to open a store in Bath, its first to offer only its lifestyle ranges
Zealand
Chinese Buffet is to take largest restaurant space in the food area of Trinity Walk, Wakefield
Crew Clothing has launched a new user friendly website as part of a company-wide rebranding
programme
Debenhams has opened a pop-up shop to celebrate the launch of its latest designer collection, Edition
www.snap-shop.co.uk
4. Domino's Pizza is planning to add around 55 stores this year to its existing 665 stores portfolio
Domino's Pizza is to open up to 43 stores at motorway services operated by Moto, as part of plans to
almost double its outlets by 2020
Everything is to open its first high street store located in Altrincham followed by openings in Bishops
Everywhere Stortford and Eltham
Fonehouse is ramping up the roll-out of its new store format as it plans to triple its store count by early
next year
Foyles is to open its first store outside London in 70 years after it signed a deal with Land
Securities and Hammerson to take a 5,500 sq ft store at their Cabot Circus shopping centre
in Bristol
French Connection is to follow ASOS & launch a dedicated Facebook store in a move to ramp up its
ecommerce services
Fresh & Easy Tesco‟s US business, is considering smaller stores as it seeks out new locations in northern
California
Gap is continuing its international expansion after extending its online shopping to eight more
European countries
Go Outdoors will decide whether to push the button on a float of the business early next year
H&M is to relaunch its global websites in a bid to make them more consumer friendly
Habitat has launched a new website for customers in the UK, Germany and France
Haldanes Stores is to invest in a raft of initiatives to revitalise the hard discounter model when it launches its
“Netto plus” chain at the end of April
Henleys is planning to more than double its number of UK stores by expanding into around 20 new
locations as it revamps its brand
John Lewis is poised to expand into Europe by bolstering its website to attract international orders from
Partnership up to 25 European countries also enabling the retailer to gather data on which cities could
support physical department stores
Kiddicare is moving into consumable products such as nappies & food, in a bid to build repeat visits to
its website
Masala Zone has announced plans to expand outside London & is currently looking for sites in the south
east and believes it has the potential for up to 50 sites in the UK
Net-a-Porter is to launch its own digital TV station to air on its website
Ocado has launched a microsite aiming to take a slice of the pet products sector
Papa John's plans to open 40 stores in the UK with intention of expanding outside of the M25
Paul Costelloe is to launch its first ever pop up shop shortly after the designer opens London Fashion
Week
Pizza Hut will focus on expanding its delivery stores over next couple of years across the UK
www.snap-shop.co.uk
5. Primark will open a flagship store at Metrocentre, making it the centre‟s third new anchor inside two
years, following the Odeon and TK Maxx
Primark to trade in Queensgate shopping centre for Christmas trading next year
Sushisamba has signed a lease to operate the restaurant and sky bar at the top of London‟s Heron
Tower - spanning a total of 13,423 sq ft
Tesco plc has unveiled plans to transform Wolverhampton's Royal Hospital site into a 139,800 sq ft
superstore
Thomas Sabo is to open a store at Capital Shopping Centre's Lakeside scheme in Essex
Waitrose will open five stores in the Channel Islands, its first outside the UK and is to take a 12,969sq
ft store on the corner of Acorn Road and Osborne Road site in Jesmond, Newcastle
Waitrose is trialling a new fascia for its convenience stores, Little Waitrose with first one on London's
Old Brompton Road
Wilkinsons has taken a 19,000sq ft anchor unit at the Gates Shopping Centre in Durham on a 15-year
lease at £200,000 a year
Wolf & Badger has launched a transactional website which has attracted 1,000 visitors a day since its
launch
Woolworths(.co.uk) has branched into arts and crafts, launching a dedicated offer on its website
Zizzi part of Gondola Holdings, is to open in Uxbridge at a former Auberge site
Financial
Restructuring
Alexon Group whose brands include Ann Harvey, is looking to exit or re-gear 20 shops across the UK
ASOS launched a Facebook shop allowing its 390,000 fans to buy its clothes without leaving the
Facebook site
Bargain Booze has been put up for sale with a price tag of £90m
Bench and sister label Hooch have been put up for sale for about £250m
Blacks Leisure Group hopes of takeover bid are fading after several interested parties walked away from
discussions with the outdoor leisure retailer
Champion Sports has been bought by JD Sports Fashion which has agreed to advance £14.7m by way of a
secured loan to allow Champion‟s outstanding debts, excluding finance lease commitments
totalling £2.2m, to be settled
Clas Ohlson is planning to expand its chain of 11 hardware stores with up to six new outlets a year
Comet will shut 14 of its service centres and has begun consultations with 411 affected staff as it
seeks to make redundancies
Co-operative Group is to create 1,700 new management jobs in its food stores over the next few months
Hamleys has been put up for sale by Icelandic bank Landsbanki which it has a 65% stake
www.snap-shop.co.uk
6. House of Fraser stakeholder Landsbanki that holds a 35% stake, denied that its holding in the department
store was up for sale
J Sainsbury PLC plans to open more than 1,000 Fresh Kitchen sandwich shops that could rival Pret A
Manger
Jaeger has reportedly been put up for sale by owner Harold Tillman. Banking Group Rothschild
have been appointed to consider strategic options for the business
Jewel Nation and HPJ Jewellers have been bought out of administration by Gordon Brothers saving 329
jobs
Jimmy Choo owners are likely to put the firm up for sale, according to people familiar with the situation
JJB Sports was heading for a battle with its landlords and other retailers after confirming its CVA is to
include the renegotiation of two-fifths of its rent payments
Jones Bootmakers one of the high street's oldest shoe shop chains has been snapped up by a Dutch retail
giant, Macintosh, after a five-month sale process, landing its owners a £40m payday. It is to
run as separate chain from Macintosh's other footwear chain Brantano
Joules has hired Rothschild to advise on its growth and the potential sale of a minority stake
Morrisons has bought online baby products retailer Kiddicare for £70m
Nokia is said to be looking to expand its global chain of 40 mobile phone stores to 200 over the
next two years, with the focus on existing markets such as the UK
Novus Leisure is understood to be in exclusive negotiations to buy Balls Brothers, the London wine bar
business currently in administration
Shakeaway has been rescued by corporate recovery specialists Begbies Traynor
Signature Brands the supply group that operates the Paul Costelloe womenswear collection and the Four
Seasons and Dannimac brands, went into administration in late January of which Paul
Costelloe has been rescued from administration by Portuguese supply group Calvelex
Suits You former owners, Peter Lucas and Arafa Holding have acquired 12 of its 66 stores through
Baird Group & relaunched them under the Suitdirect fascia
Vergo Retail Ltd administrators have appointed specialists to sell off the brand assets of the group
VF Corporation has signed a deal to buy premium denim brand Rock & Republic for $57m (£36.8m), deal to
be finalised by April 2011
WH Smith plc has brought 22 stores from British Bookshops and Stationers for just over £1m
Internal
Restructuring
Aldi has launched a new ad campaign highlighting „brand-like quality‟ of its products
Arcadia Group is considering returning its manufacturing from overseas to the UK
ASDA is selling cheapest e-readers for £52 which is less than half the amount Amazon charges for
www.snap-shop.co.uk
7. its Kindle
B&Q has signed up with TV property experts Kirsty Allsopp & George Clarke as part of its
campaign to make home improvement easier
Clarks will launch its first international advertising campaign for its Clarks Originals collection next
month when it will also open a pop-up store for the sub-brand at its store in London‟s
Regent Street
Co-op Retail has introduced a new product range (Taste the Seasons) to reflect the British seasons
aiming to cash in on the growing desire for seasonal foods
D&D London is slashing the prices of its fine wines across its 20 restaurants in the capital
Dixons Retail is testing Office Depot shop-in-shops in its stores
Game has struck a deal with Microsoft to sell downloadable games in its stores
Habitat is closing its Regent Street store in Central London because it "no longer fits" with the
retailer‟s strategy
Harrods has started to accept UnionPay, the Chinese debit and credit card, in an attempt to pull in
the spend of Chinese tourists
Hed Kandi has shut its two stores at Bluewater and Liverpool One, less than a year after opening
HMV has started the first phase of its store closure programme
Hobbs is to feature in a BBC series about teaching young people about the world of work
Homebase is partnering with celebrity chef Jamie Oliver & has launched a range of grow-your-own fruit,
vegetables & herbs
House of Fraser is planning to roll out the Biba brand in more of its 63 stores after last year‟s successful re-
launch of the iconic 1960s fashion label
Lions Rampant is to be renamed Rampant Sporting & will unveil its new-look logo at trade show Pure
London
McDonalds is making its first foray into shared meals in the UK with the countrywide launch of a 20-
piece Chicken McNuggets ShareBox
Moss Bros is ready to roll out a bespoke tailoring service in about 50 of its UK stores, funded by sale of
its 15 Hugo Boss franchise stores
Net-a-Porter will be launching a website which will feature meanswear and style advice
O2 to offer free public internet hotspots across the UK, even to non-customers through
partnerships with restaurants, shops, and high-street retailers across the UK
Orchid Group has teamed up with Express Newspapers to become the first pub operator to sell
newspapers & magazines directly to customers
Peacocks has partnered with Daisy Lowe to launch a range of retro-inspired swimwear designed by
the model
www.snap-shop.co.uk
8. People Tree has unveiled its spring 11 collaboration with actress Emma Watson
Poundworld is to roll out its multi-price format, Discount UK, as it opens its second store in Stevenage
Sainsbury's in partnership with British Gas have introduced in-store energy centres (Sainsbury's
Supermarkets Energy)
Tesco plc clothing arm F&F has teamed up with Mark Fast to sponsor his autumn 11 catwalk show at
London Fashion Week
Waterstone's to close 11 stores as part of parent HMV‟s plan to shed 60 stores across the group this year
Zara has created a kidswear collection for its Zara Home Kid range in collaboration with Liberty
print fabrics - collection is available at zarahome.com
General
UK Property Market grew in value by 8.9% in 2010, almost double that of its nearest European competitor,
according to the latest research by CB Richard Ellis
ASDA has been told by the Advertising Standards Authority to make its marketing of its Price
Guarantee offer clearer to consumers & highlight that it does not cover non-grocery
products
Clothing Spend 25% of young people plan to spend less on clothing in the start of 2011, with working
women aged 20-24 most likely to cut back, according to research by Mintel. However,
purchases by young people in the UK has helped the 16-24s clothing market grow by 17%
over the last five years, according to a different study by Mintel
Collect+ a new parcel delivery service based from 3,500 corner shops, in direct competition with the
Post Office
Co-operative Group is set to improve its product availability as it rolls out a stock management system it
inherited from Somerfield
Empty Properties Government plans to scrap rate relief on empty commercial properties could force landlords
to consider "constructive vandalism" and "ways to get round the legislation"
Empty Shops level across the UK has risen to an all-time high, according to figures from The Local Data
Company
Esprit has vowed to stop using the controversial sandblasting technique in its global production
chain with immediate effect
Food Prices will soar 50% over the next 40 years because of supply shortages, according to scientists
H&M is to launch a sustainable fashion range in April, made from eco materials such as organic
cotton and recycled fabrics
HM Revenue and is increasingly rejecting company voluntary arrangements (CVAs), according to a
Customs turnaround specialist from K2 Business Rescue
J Sainsbury PLC is to source all of its Fairtrade cotton from a co-operative supplier in Gujarat, India
Jack Wills is to expand further internationally, with the US, Europe and the Far East in its sights
www.snap-shop.co.uk
9. Jaeger is to enter the Russian market with two Jaeger London stores
Jimmy Choo is set to take control of its Japanese retail business & open a string of stores in the country
Leading Retailers face higher staff costs due to this year‟s extra bank holiday for the Royal Wedding
Location Marketing deals are offered by retailers including Argos & Debenhams who have teamed up with
Facebook
London's West End stores have seen strong growth in sales in January, despite the rise in VAT and sluggish
wage growth
Market Share of the fast-food sector in the UK grew by 55% to reach a market value of £8bn in the
decade to 2009, data from Mintel shows
Marks & Spencer plans to open a new store on the Champs-Elysees in Paris
New Look private equity backer slashed the value of its holding in the fashion chain by nearly 50%
Prices of everyday goods and services are rising about twice as rapidly as average wages,
inflation figures confirmed, which means that the standard of living of many Britons is
already falling
Ralph Lauren is laying out a long-term strategy to open its own stores in Chinese retail market
Retailers & falling into administration continued to decline in the final quarter of 2010, as per new
Wholesalers figures by the Insolvency Service
Rising Costs of sourcing in Far East and heritage trend trigger huge increase in orders for British
factories
Royal Wedding will see the government granting extended opening hours to restaurants and pubs, allowing
venues in England & Wales to serve food & alcohol until 1am on the festive weekend
Shopping Experience London, Glasgow, and Manchester offer the best town centre shopping experience
according to research conducted on more than 700 town centres
The Dune Group has stepped up its overseas expansion plans to target 250 Dune stores outside of the UK
by 2015
Topshop to feature new capsule collection by David Koma
Key Staff Changes took place in Robert Dyas, Republic, Best Buy, Morrisons, Comet, Brand Alley and Gucci
Property
Allied London is joined by IM Properties to buy all the retail & leisure property in Manchester's
Properties Limited Spinningfields from Delancey & the Royal Bank of Scotland in a deal that values the assets
at £45m
ASOS has appointed Knight Frank to review its office strategy in London
British Land has confirmed that it has exchanged contracts in a £30m deal to buy the leasehold interest
in Green Lanes Shopping Centre in Barnstaple, Devon
Capital & Regional has made its first property purchase since 2007, buying Waterside Shopping Centre in
www.snap-shop.co.uk
10. Properties plc Lincoln for £24.8m
Capital Shopping is to complete the £1.6bn purchase of Manchester's Trafford Centre, the largest single-
Centres asset deal in UK property history
CB Richard Ellis has completed its acquisition of most of ING REIM for $940m
Crown Estate is in talks to buy the 170,000sq ft Ocean retail park, in Portsmouth, Hampshire, for around
£58m
Grosvenor has agreed lettings to four new brands, occupying a total of 14,495 sq ft, at Liverpool One
Developments
Limited
Helical Bar has exchanged contracts to buy the 140,000sq ft Sutton in Ashfield shopping centre in
Leicestershire from LaSalle Investment Management for £16.1m, an 8.5% yield.
J Sainsbury PLC has abandoned plans to move its head office to King‟s Cross after a lack of buyers for its
current Holborn location but will anchor part of Land Securities redevelopment of Corby
town centre
La Salle Investment will extend the main anchor unit at the High Chelmer Shopping Centre in Chelmsford,
Management Essex, ready for Primark
PruPIM is in advanced talks to buy a 12.5% stake in the Fort shopping park in Birmingham for
around £26m - a yield of around 5.5%
Somerfield supermarket in Thetford has been sold to Breckland district council for £3.5m - a 6.75% net
initial yield
Tesco plc has completed a £685m-plus sale and leaseback deal of 21 stores to release value from its
UK property portfolio
UK Commercial has confirmed its purchase of St George's retail park in Leicester from a fund managed by
Property Trust JP Morgan Asset Management for £49.9m
www.snap-shop.co.uk
11. Retailer
Results
Total Sales Changes
M and M Direct (6 wks to 02/01)
H&M (4 wks to 31/01)
Sports Direct Int (Retail) (13 wks to 23/01)
Sports Direct Int Plc (13 wks to 23/01)
Levi's Europe (12 wks to 28/11)
Kingfisher Grp (13 wks to 29/01)
John Lewis (Online) (26 wks to 26/01)
Albemarle (broking) (26 wks to 31/12)
Woolworths Grp (Retail) (26 wks to 31/12)
Thorntons (28 wks to 08/01)
WH Smith plc (21 wks to 22/01)
Cash Converters (52 wks to 30/06)
Prada Grp (52 wks to 31/01)
Sally (52 wks to 30/09)
Annoushka (Pascal) (52 wks to 31/07)
H&M (52 wks to 30/11)
Hotel Chocolat (52 wks to 30/06)
Waitrose (52 wks to 31/01)
Waitrose (52 wks to 31/01)
Caffe Nero (52 wks to 31/05)
Carluccio's (52 wks to 30/09)
MKM Building Supplies (52 wks to 30/09)
Jollyes (52 wks to 31/05)
Select Service Partners (52 wks to 30/09)
Pumpkin Patch (52 wks to 31/07)
Heal's (52 wks to 14/09)
Marston's (52 wks to 30/09)
WH Smith Travel Retail (52 wks to 31/08)
Botterills Conv Stores (52 wks to 31/05)
Spacemaker (52 wks to 31/08)
Tog 24 (52 wks to 03/07)
Wolseley UK (52 wks to 31/07)
WH Smith Retail (52 wks to 31/08)
Coppernob (52 wks to 30/05)
Delice de France (52 wks to 31/07)
-20 -10 0 10 20 30 40 50
%
NB- SuperGroup has reported an increase of 92% in Retail sales for 12 weeks to 31/01/11 while wholesale sales increased by 73% which
are not shown on our graph due to the relative impact they would have on other figures shown.
www.snap-shop.co.uk
13. UK Overview
ONS Retail The value of retail sales in January at current prices not seasonally adjusted increased 6.4% YoY with the 3
Sales month moving average at 3.5%. Value of sales through food stores in January increase by 1.8% YoY, while
the value of sales through non-food stores was up 9.5% YoY. Once again, non-store retailing made the
biggest gains –an increase of 21.3% in January 2011.
*Please note that ONS made several changes to its Retail Sales reporting in January 2010. For more information, see
http://www.statistics.gov.uk/pdfdir/rs0210.pdf
Please see the Retail & Economic Statistics page on SnapShop for more historical detail
www.snap-shop.co.uk
14. Internet Based on ONS experimental Internet sales, the non-seasonally adjusted average weekly value of Internet
Retail retail sales in January 2011 was £523 million, which was approximately 10.0 per cent of total retail sales
Sales (excluding automotive fuel). According to BRC, non-food non-store (internet, mail-order and phone) sales
were 12.3% higher than a year ago.
% Internet Sales
30
25
20
15
10
5
0
Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan-
09 10 10 10 10 10 10 10 10 10 10 10 10 11
ONS Internet as % of Total BRC YoY % Change
*ONS are trialling an experimental measure of Internet retail sales. For more details see
http://www.statistics.gov.uk/articles/nojournal/Internet_information_paper_February_2010.pdf.
BRC Retail UK retail sales values were up 2.3% on a like-for-like basis from January 2010, when sales had fallen 0.7%.
Sales On a total basis, sales were 4.2% higher, against a 1.2% increase in January 2010.
Please see the Retail & Economic Statistics page on SnapShop for more historical detail
www.snap-shop.co.uk
15. Pedestrian % Pedestrian Flows - Year-on-Year Change
Flows
3
2
1
0
-1
-2
-3
-4
-5
-6
-7
Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan-
09 10 10 10 10 10 10 10 10 10 10 10 10 11
Synovate (YoY)
FootFall (YoY)
NB: At the time of publishing Synovate‟s Retail Traffic Index for January were not available.
Interest The Bank of England‟s Monetary Policy Committee voted to maintain the official Bank Rate paid on
Rates commercial bank reserves at 0.5%. This rate has been maintained since March 2009.
% Bank of England - Base Rate
3
2
1
0
Nov-08 Mar-09 Jul-09 Nov-09 Mar-10 Jul-10 Nov-10
www.snap-shop.co.uk
16. Inflation CPI annual inflation stands at 4.0 per cent, up from 3.7 per cent in December. RPI stands at
5.1 per cent in January, up from 4.8 per cent in December.
% UK Inflation (CPI v RPI)
6
5
4
3
2
1
0
Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan-
09 10 10 10 10 10 10 10 10 10 10 10 10 11
CPI RPI
.
House According to the Nationwide index, the price of a typical house decreased by 0.1 % MoM in
Prices January and decreased 1.1% YoY. The average price of a typical UK property in November
was £161,602.
NB: YoY figures refer to left hand scale, MoM statistics refer to right hand scale. September YoY was flat.
Please see the Retail & Economic Statistics page on SnapShop for more historical detail
www.snap-shop.co.uk
17. Consumer According to GfK NOP, the overall index score January has dropped eight points to -29,
Confidence twelve points lower than this time last year. Commenting on fall Nick Moon, MD of GfK NOP
Social Research, said "January‟s eight point drop represents an astonishing collapse in
consumer confidence. In the 35 years since the Index began, confidence has only slumped
this much in a single month on six occasions, the last being November to December 1994…"
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18. Ireland Overview
CSO The volume of retail sales decreased by 3.1% in December 2010 on a YoY basis and there was a
Retail monthly decrease of 1.1%. The value of retail sales decreased by 4.1% in December 2010 on YoY
Sales basis and there was a MoM change of -0.9%.
Irish Retail Sales Growth - All Retail
% (Not Seasonally Adjusted)
4
2
0
-2
-4
-6
-8
-10
-12
-14
Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec-
09 09 09 10 10 10 10 10 10 10 10 10 10 10 10
Volume Value Inflation 3 mma
Irish Retail Sales Growth - Food Retail
% (Not Seasonally Adjusted)
4
2
0
-2
-4
-6
-8
-10
Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec-
09 09 09 10 10 10 10 10 10 10 10 10 10 10 10
Volume Value Inflation 3 mma
Irish Retail Sales Growth - Non-Food Retail
%
(Not Seasonally Adjusted)
4
2
0
-2
-4
-6
-8
-10
-12
-14
-16
-18
Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec-
09 09 09 10 10 10 10 10 10 10 10 10 10 10 10
Volume Value Inflation 3 mma
Please see the Retail & Economic Statistics page on SnapShop for more historical detail
www.snap-shop.co.uk
19. Inflation in In Ireland, CPI, decreased by 0.2% in January. This compares to a decrease of 0.6% recorded in January of
Ireland last year. HICP decreased by 0.3% in the month, compared to a decrease of 0.7% recorded in January of last
year.
% Irish Inflation (HICP v CPI)
2
1
0
-1
-2
-3
-4
Feb- Mar- Apr- May- Jun- Jul-10 Aug- Sep- Oct- Nov- Dec- Jan-
10 10 10 10 10 10 10 10 10 10 11
HICP CPI
Please see the Retail & Economic Statistics page on SnapShop for more historical detail.
www.snap-shop.co.uk
20. And Finally…
Turn your iphone into 80’s brick!
With a new gadget launched by a British company you can now turn your iPhone (sleekest of gadgets
available in the market) into an old-style 'brick' mobile phone beloved by executives of the 1980s.
It is a simple case, into which the iPhone slots, turns the slimline smart phone into a huge gadget, which will
not fit into a glove compartment, let alone a trouser pocket.
The case, which costs £12.99, has been developed by Thumbs Up, hoping to take advantage of 1980s
nostalgia.
A company spokesman said: "By today's standards, you'd be forgiven for mistaking a 1980s mobile phone for,
well, a house brick, but back in the day these chunky must-haves were the ultimate status symbol.
"Simply slot your iPhone into the custom-made holder and capture the look and feel of the 1980s 'house brick'
without losing any of your 21st-century specs!"
The case will be available from April and fits an iPhone 3, 3GS and 4.
www.fspretail.co.uk
18/02/11
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.
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