Retail Pulse - October 2018
Retail Burn
This month, we've got a mix of names featuring for several different reasons.
The most talked about retailers, according to the Retail Burn, include: H&M, HMV, The Entertainer, and Fat Face all reporting positive news stories, and Patisserie Valerie, Claire’s, Wilko, House of Fraser, Debenhams and Gourmet Burger Kitchen where the news hasn't been so great.
The Retailer Database shows plenty of good news about H&M. H&M has appointed a new UK boss, expanded both in the UK and internationally, and is upping its environmental credentials in time for Christmas.
At the other end of the scale is Gourmet Burger Kitchen. Gourmet Burger Kitchen has confirmed plans for a CVA and earmarked sites for closure.
Hot 100
Pragma analyses retailer accounts to understand their financial health and sustainability. Those with good scores in these areas feature in our Hot 100.
The Hot 100 in October 2018 included;
Radley; celebrating 20 years with the appointment of its first brand ambassador and launch of a new campaign
Lipsy; aiming for a slice of the men’s market with the launch of its first menswear range
B&M; expanding in the UK and Europe
Dreams; opening at St George’s Retail Park in Leicester
Hotel Chocolat; joining the line-up at Eastgate, Inverness
Hugo Boss; opening a second UK store for sub-brand Hugo
Lidl; continuing to gain market share as sales rise
Quiz; launches a flagship store at Liverpool One
Retail News Index
The October RNI index for All Retailers, at 97, has decreased by 2.
Leisure, at 93, has decreased by 6.
Clothing & Footwear, at 93, has increased by 1.
Household, at 95, has decreased by 14.
Personal, at 87, has decreased by 13.
Grocery, at 103, has increased by 1.
Food & Beverage, at 92, has decreased by 6.
Pragma on average reviews over 350 unique items of retailer news. Each article is scored according to sentiment. RNI is the sum of these scores indexed against 2005 and averaged over a three month period. The RNI time series for all retailers starts from May 2002.
Retailer Births & Deaths
There were 6 administrations recorded in October: sporting goods retailer American Golf, womenswear retailer Coast, butcher Crawshaws, bicycle chain Evans Cycles, bakery chain Peyton & Byrne, and, athletic clothing brand Zakti. Apart from Zakti, which has closed due to owner Mountain Warehouse reshuffling its estate, the others have been rescued via pre-pack deals.
There were no new additions to the Pragma Retailer Database in October.