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
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