TK Maxx | Verdict Retail Company Briefing

Published: April 2012

Publisher: Verdict

Product ref: 137498

Pages: 55

Format: PDF

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Report description

TK Maxx continues to grow sales through new space and expanding its online offer to include more product categories, enabling it to reach a larger customer base. However, store roll out is forecast to slow as it focuses on its store refurbishment program and tries to protect store productivity. This Verdict Retail company briefing includes estimated sales data and market shares for clothing and footwear

  • Compare your allocation of clothing retail space with TK Maxx by uncovering Verdict Retail's data on the space dedicated to over 30 product categories.
  • Justify and inform development of new store concepts and routes to market by uncovering TK Maxx's activity in this area.
  • Consider your own international expansion strategy by building awareness of TK Maxx's international plans and opportunities for new market entries.
  • Benchmark TK Maxx's performance in clothing by using Verdict Retail's proprietary sales data for womenswear, menswear, childrenswear and accessories.

2011 was much tougher for clothing and homewares retailers, with consumers holding back on discretionary purchases and buying fewer items – impacting TK Maxx's volumes. Moreover, a large proportion of its store portfolio is located on retail parks, to which shoppers have reduced visits due to high petrol prices

We expect clothing sales densities to have slipped in 2010/11 and 2011/12. The retailer should be careful in rolling out new stores going forward, as it could risk cannibalising sales of existing stores which would impact densities further. Moreover, its online channel should continue to grow with customers transferring store sales to online

Like much of the UK high street, we expect TK Maxx to find 2012/13 a tough year with consumers purchasing fewer discretionary items and justifying expenditure due to factors such as unique product offer, an enjoyable shopping experience and good staff service credentials – all of which TK Maxx is likely to find difficult

  • How have TK Maxx's clothing sales and densities developed and how does Verdict Retail see this changing? How does it allocate its space between categories?
  • What is TK Maxx's share of the womenswear, menswear, childrenswear, accessories & footwear markets? What is its forecast 2012 value clothing share?
  • Which customer segments visit TK Maxx for clothing and footwear and what is its share of each demographic group?
  • How will a change in consumer shopping habits impact TK Maxx and what challenges does it face from its opportunistic buying business model?

Table of contents

OVERVIEW
Introduction
Executive Summary
Concluding Statement

MARKET SHARE
Croatia
Volume
Value
Market Share
Slovenia
Volume
Value
Market Share
Consumer Behaviors
Greece
Volume
Value
Market Share
Consumer Behaviors
Portugal
Volume
Value
Market Share

MARKET FORECAST
Croatia
Volume
Value
Market Share
Slovenia
Volume
Value
Market Share
Greece
Volume
Value
Market Share
Consumer Behaviors
Portugal
Volume
Value
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SmartBrief RESEARCHSTORE
The Southern European Tire Market 2011-2015
Product Type: Report (55 pages) Published by: Datamonitor Single user price: $3995.00
Product Code: TD00031-005 Published on: 05 April 2012 Multi-user price: $9987.50
Market Share

APPENDIX
Definitions
Methodology
Further reading
Ask the analyst
Datamonitor's Global Automotive Proposition
Component Insight reports
Channel Insight reports
Strategic Insight reports
Consumer Insight reports
Databases
Disclaimer

TABLES
Table: Southern Europe Snapshot
Table: Croatia Snapshot
Table: Distribution Channel Volume and Value
Table: Slovenia Snapshot
Table: Distribution Channel Volume and Value
Table: Greece Snapshot
Table: Distribution Channel Volume and Value
Table: Portugal Snapshot
Table: Market Share by Distribution Channel in Portugal,
Table: Croatia Snapshot
Table: Market Share by Distribution Channel in Croatia,
Table: Slovenia Snapshot
Table: Market Share by Distribution Channel in Slovenia,
Table: Greece Snapshot
Table: Market Share by Distribution Channel Greece,
Table: Portugal Snapshot
Table: Market Share by Distribution Channel in Portugal,

FIGURES
Figure: Southern Europe Tire Market Volume 2007–15
Figure: GDP Growth and Tire Market Volume in Croatia 2005–11
Figure: Tire Market Value 2007–11
Figure: Price per Tire 2007–11
Figure: Tire Spend per Car 2007–10
Figure: Rubber Prices Versus Croatia Market Value
Figure: Tire Distribution Channels in Croatia
Figure: GDP Growth and Tire Market Volume in Slovenia 2005–11
Figure: Tire Market Value 2007–11
http://www.research-store.com/smartbrief/ Click here to buy this product online now
SmartBrief RESEARCHSTORE
The Southern European Tire Market 2011-2015
Product Type: Report (55 pages) Published by: Datamonitor Single user price: $3995.00
Product Code: TD00031-005 Published on: 05 April 2012 Multi-user price: $9987.50
Figure: Price per Tire 2007–11
Figure: Tire Spend per Car 2007–11
Figure: Rubber Prices Versus Slovenia Market Value
Figure: Tire Distribution Channels in Slovenia
Figure: GDP Growth and Tire Market Volume in Greece 2005–11
Figure: Tire Market Value 2007–11
Figure: Price per Tire 2007–15
Figure: Tire Spend per Car 2007–10
Figure: Rubber Prices Versus Greece Market Value 2007–11
Figure: Tire Distribution Channels Greece
Figure: GDP Growth and Tire Market Volume Portugal 2005–11
Figure: Tire Market Value 2007–11
Figure: Price per Tire 2007–11
Figure: Tire Spend per Car 2007–11
Figure: Rubber Prices Versus Portugal Market Value
Figure: Tire Distribution Channels in Portugal
Figure: GDP Growth (%) and Tire Market Volume in Croatia 2012–15
Figure: Tire Market Value 2012–15
Figure: Price per Tire 2012–15
Figure: Tire Distribution Channels in Croatia
Figure: GDP Growth (%) and Tire Market Volume in Slovenia 2012–15
Figure: Tire Market Value 2012–15
Figure: Price per Tire 2012–15
Figure: Tire Distribution Channels in Slovenia
Figure: GDP Growth (%) and Tire Market Volume in Greece 2012–15
Figure: Tire Market Value 2012–15
Figure: Price per Tire 2012–15
Figure: Tire Distribution Channels in Greece
Figure: GDP Growth (%) and Tire Market Volume in Portugal 2011–15
Figure: Tire Market Value 2012–15
Figure: Price per Tire 2012–15
Figure: Tire Distribution Channels in Portugal 2015

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