Abstract
Overview
Introduction
Verdict Research: UK DIY & Gardening Retailers 2008 analyses the DIY &
gardening market as it enters an extremely challenging period - recession.
With the market already in the mature stage, characterised by slow growth,
this report examines the market dynamics, drivers of growth and key
performance indicators. The performance of the leading market operators are
assessed between 1998 and 2008.
Scope
- Market size, sales and growth rates for the DIY & gardening markets
overall and at category level.
- In depth analysis of key strategic issues facing DIY retailers.
- 10 year trading records with key operating statistics and market share
analysis for the leading operators.
- Space allocation by product category across the leading operators.
Report Highlights
The DIY sector will bear the brunt of the recession, shrinking in size for the
third time in four years in 2008. Verdict estimates the market will decline by
4.1% in 2008, taking almost £1.0bn out of the market.
With DIY retailers already reeling from several years of weak demand and
market conditions set to deteriorate further in the year ahead, a new focus on
cost reduction has become imperative. Rightsizing, reducing occupancy and
operating costs and the disposal of non-core businesses now lead strategic
agendas.
With consumers less inclined to spend, the onus falls on DIY retailers to
drive demand themselves. To achieve higher levels of spend, DIY retailers must
enhance the quality of the shopping experience, ranging, price and customer
service. However, this will be hard to achieve in an environment of cost
reduction.
Reasons to Purchase
- This report provides a comprehensive analysis of the changing dynamics of
the UK DIY & gardening market
- It gives unique market share information and key operating statistics of
leading players for benchmarking across the sector.
- It provides comprehensive DIY & gardening market analysis, charting growth
trends for the broader market and the key statistics for 2008
Table of Contents
- CHAPTER 1 EXECUTIVE SUMMARY
- Key Findings
- Main Conclusions
- CHAPTER 2 MARKET ANALYSIS
- Market Definition
- Expenditure
- Inflation
- DIY Expenditure
- Gardening Expenditure
- DIY/Hardware Specialists
- Channels of Distribution
- CHAPTER 3 STRATEGIC ISSUES
- DIY Market Reels as Key Economic Drivers Turn Negative
- House Price Inflation
- Housing Transactions
- Real Disposable Income
- Housing Equity Withdrawal
- Strategic Respones by DIY Specialists
- Expansion Plans Cut Back
- Disposal of Non-core Assets
- Rightsizing Becomes A Priority
- Store Refurbishment Programmes At Risk
- Value Promotion Becomes Essential
- Capitalising on the Environmental Agenda
- Range Development and Diversification
- Multichannel Development
- CHAPTER 4 COMPANY DATA ANALYSIS
- Market Shares
- Key Operating Statistics
- Space Allocation
- Advertising Media Expenditure
- CHAPTER 5 B&Q
- Company Overview
- Strategic Priorities at Kingfisher
- Market Share
- Trading Record
- Year to January 2008
- Six months to August 2008
- Store Portfolio
- Outlook
- CHAPTER 6 FOCUS
- Company Overview
- Market Shares
- Trading Record
- Year to October 2007
- Year to October 2008
- Store Portfolio
- Retail Proposition
- Outlook
- CHAPTER 7 HOME RETAIL GROUP
- Company Overview
- Market Shares
- Trading Records
- Home Retail Group
- Argos
- Year ending February 2008
- Six months to August 2008
- Homebase
- Year ending February 2008
- Six months to August 2008
- Store Portfolios
- Retail Propositions
- Outlooks
- CHAPTER 8 TOPPS TILES
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Outlook
- CHAPTER 9 WICKES
- Company Overview
- Market Share
- Trading Record
- Year to December 2007
- Six months to June 2008
- Current Trading
- Store Portfolio
- Outlook
- CHAPTER 10 WILKINSON
- Company Overview
- Market Share
- Trading Record
- Store Portfolio
- Retail Proposition
- Outlook
- CHAPTER 11 WYEVALE GARDEN CENTRES
- Company Overview
- Market Shares
- Trading Record
- Year ending December 2007
- Current Trading
- Store Portfolio
- Retail Proposition
- Outlook
- CHAPTER 12 BUILDERS MERCHANTS
- Sector Overview
- Jewson
- Travis Perkins
- Wolseley
- CHAPTER 13 SMALLER DIY RETAILERS
- Overview
- Robert Dyas
- Tile Giant
- Trago Mills
- Woolworths
- CHAPTER 14 SMALLER GARDEN CENTRES
- Overview
- Dobbies
- Notcutts
- CHAPTER 15 GLOSSARY
- Financial Statistics - VAT
- Trading Record
- Physical Development
- Computer Rounding
- Abbreviations
- List of Tables
- Table 1: DIY & gardening market definition 2008
- Table 2: Consumer expenditure on DIY & gardening 1998-2008e
- Table 3: Consumer expenditure on DIY 1998-2008e
- Table 4: DIY expenditure £m - principal components 2006, 2007 & 2008e
- Table 5: Consumer expenditure on gardening 1998-2008e
- Table 6: Garden spend £m - principal components 2006, 2007 & 2008e
- Table 7: DIY/hardware specialists performance 1998-2008e
- Table 8: DIY & gardening channels of distribution 2003 & 2008e
- Table 9: Leading retailers DIY & gardening market shares 2002-2008e
- Table 10: Key operating statistics 2007/08
- Table 11: Store portfolios of leading retailers 2007/08
- Table 12: Summary of space allocation for leading retailers 2008
- Table 13: Advertising expenditure 2002-2007
- Table 14: Breakdown of advertising expenditure 2007
- Table 15: B&Q company overview 2009
- Table 16: B&Q key operating statistics 2003-2009e
- Table 17: B&Q trading record 1998-2009e
- Table 18: B&Q store portfolio 1998-2009e
- Table 19: B&Q and Kingfisher store estate by format July 2006-2008
- Table 20: B&Q retail proposition 2009
- Table 21: B&Q space allocation 2008
- Table 22: Focus company overview 2009
- Table 23: Focus key operating statistics 2003-2008e
- Table 24: Focus trading record 1998-2008e
- Table 25: Focus store profile 1998-2008
- Table 26: Focus retail proposition 2009
- Table 27: Focus space allocation 2008
- Table 28: Home Retail Group overview 2009
- Table 29: Argos key operating statistics 2003-2008
- Table 30: Homebase key operating statistics 2003-2008
- Table 31: Home Retail Group trading record 2001-2008
- Table 32: Argos trading record 1998-2009e
- Table 33: Homebase trading record 1998-2008
- Table 34: Argos store portfolio 1998-2008
- Table 35: Homebase store portfolio 1998-2008
- Table 36: Homebase sales area breakdown 2003-2008
- Table 37: Argos retail proposition 2009
- Table 38: Homebase retail proposition 2009
- Table 39: Argos catalogue space allocation Spring/Summer 2008 and
Autumn/Winter 2008
- Table 40: Homebase space allocation 2008
- Table 41: Topps Tiles company overview 2009
- Table 42: Topps Tiles UK key operating statistics 2003-2008
- Table 43: Topps Tiles UK trading record 1998-2008e
- Table 44: Topps Tiles UK store portfolio 2003-2008e
- Table 45: Topps Tiles retail proposition 2009
- Table 46: Wickes company overview 2009
- Table 47: Wickes key operating statistics 2002-2008e
- Table 48: Wickes trading record 1997-2008e
- Table 49: Wickes store portfolio 1997-2008e
- Table 50: Wickes retail proposition 2009
- Table 51: Wickes space allocation 2008
- Table 52: Wilkinson company overview 2009
- Table 53: Wilkinson key operating statistics 2003-2008
- Table 54: Wilkinson trading record 1998-2009e
- Table 55: Wilkinson store profile 1998-2009e
- Table 56: Wilkinson retail proposition 2009
- Table 57: Wilkinson space allocation 2008
- Table 58: Wyevale Garden Centres company overview 2009
- Table 59: Wyevale key operating statistics 2002-2008e
- Table 60: Blooms of Bressingham key operating statistics 2002-2008e
- Table 61: Wyevale trading record 1998-2008e
- Table 62: Wyevale store profile 1998-2008e
- Table 63: Wyevale retail proposition 2009
- Table 64: Wyevale space allocation Summer 2008
- Table 65: Builders merchants - key operating statistics 2007/08
- Table 66: Jewson company overview 2009
- Table 67: Travis Perkins company overview 2009
- Table 68: Travis Perkins store portfolio 2006-2007
- Table 69: Wolseley company overview 2009
- Table 70: Smaller DIY retailers - key operating statistics 2007/2008
- Table 71: Robert Dyas company overview 2009
- Table 72: Tile Giant company overview 2009
- Table 73: Trago Mills company overview 2009
- Table 74: Woolworths company overview 2009
- Table 75: Dobbies & Notcutts company overviews 2009
- Table 76: Smaller garden centre operators - key operating statistics 2007
- Table 77: Dobbies trading record 2002-2008e
- Table 78: Notcutts trading record 2002-2008e
- List of Figures
- Figure 1: DIY & gardening vs. total retail growth 1998-2008e
- Figure 2: DIY vs. gardening growth 1998-2008e
- Figure 3: DIY & gardening vs. total retail inflation/deflation
1998-2008e
- Figure 4: DIY expenditure - principal components % 2008e
- Figure 5: Gardening expenditure - principal components % 2008e
- Figure 6: Key drivers of DIY spending 2009
- Figure 7: UK annual house price inflation 1998-2009e
- Figure 8: Housing transactions (England & Wales) 1998-2009e
- Figure 9: DIY market growth & real disposable income 1998-2009e
- Figure 10: Housing equity withdrawal 1998-2009e
- Figure 11: Key strategy responses by DIY specialists 2009
- Figure 12: Store opening activity by major retailers 2003-2009e
- Figure 13: Tactics in communicating value credentials 2008
- Figure 14: Environmental initiatives in DIY & Gardening Retailing
2009
- Figure 15: Multi-channel developments 2009
- Figure 16: B&Q DIY & gardening market share 1998-2008e
- Figure 17: Focus DIY & gardening market shares 1998-2008e
- Figure 18: Argos & Homebase DIY & gardening market shares
1998-2008e
- Figure 19: Home Retail Group sales breakdown 2007/08
- Figure 20: Home Retail Group profit breakdown 2007/08
- Figure 21: Homebase sales mix 2007/08
- Figure 22: Topps Tiles DIY & gardening market share 1998-2008e
- Figure 23: Wickes DIY & gardening market share 1998-2008e
- Figure 24: Wilkinson DIY & gardening market shares 1998-2008e
- Figure 25: Wyevale market shares 1998-2008e
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