New Report Forecasts Slightly Less Favourable Growth for the European out-of-Town Retailing Market

Business Wire,  March 14, 2008  

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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c86086) has announced the addition of European Out-of-Town Retailing 2008 to their offering.

Introduction

This report analyses the OOT market conditions of the six core EU member states. It explores the dynamics, growth trends, drivers and key indicators and provides detailed recommendations. It also profiles the top OOT operators including Auchan, Carrefour, E.Leclerc, ITM, IKEA, Metro, Kingfisher, Rewe, Schwarz and Tesco.

Scope

Proprietary data on market value, space and growth. 2002 -2007 data for Germany, France, Italy, the Netherlands, Spain and the UK. Extensive profiles of the major EU OOT retailers, data on sales densities, space and store portfolio analysis, retail proposition and analysis. Detailed chapters on six core European OOT markets, with information on leading players, legislation, recent developments and future outlook.

Highlights

While convergence is a major theme across business activities in the EU, the European out-of-town (OOT) market is still characterised by huge differences. These lie in development, ownership structure, retail formats, integration into a wider infrastructural framework, environmental standards, planning legislation and age and quality of stock. There are still significant opportunities for retailers and developers in the OOT arena, however going forward these become harder to find. Broadly speaking the Mediterranean countries show strong potential for further development, while in northern Europe retailers will need to focus on redeveloping older sites and make existing space work harder. We estimate that sales in the European OOT market grew by 19.1% over the 2002-07 period. We forecast slightly less favourable growth going forward. Sales growth will follow space growth quite closely and as a result we predict relatively low growth in overall sales densities.

Reasons to Purchase

Learn how difficult market conditions are driving competition among OOT retailers and what the outlook will be in the short to medium term. Understand how evolving consumer behaviour is forcing retailers to develop new product, sales and marketing strategies to appeal to a wider market. Identify the success stories and growth prospects of the key competitors and benchmark their performance against the market.

For more information visit http://www.researchandmarkets.com/reports/c86086

Source: Verdict Research

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