International Expansion in European Retail

SUMMARY

Abstract

Overview

Introduction

Verdict Research: The European retail market has seen heavy consolidation over the past 10 years and this trend is set to continue. This report looks at the expansion strategies of some of Europe's largest retailers.

Scope

• This brief discusses the key issues that have impacted some of Europe's leading retailers' expansion plans over the last 10 years.
• It also looks at the expansion strategies of some of the leading European retailers, across a variety of sectors.

Highlights

The European retail market has been rapidly consolidating over the last 10 years. Western European retailers have been the driving force behind this, moving into fragmented eastern European retail markets in order to take advantage of strong economic growth in these countries.

The widening of the EU has made new members states more attractive for foreign investment due to the economic stability EU membership can often bring.

A growing, well-run core market is crucial for continued investment in new periphery markets. Core markets provide retailers with cash to invest into new business opportunities. Stuttering core markets can often mean less cash is available for European expansion.

Reasons to Purchase

• Identify the major factors that impact the ongoing European expansion of some of Europe's largest retailers.
• Learn from the expansion strategies of Carrefour, Tesco, Metro Group, DSGI, IKEA and Kingfisher.
• Discover where these leading retailers are looking to focus their European expansion going forward.

TABLE OF CONTENTS

Table of Contents

• VERDICT VIEW
  • CATALYST
  • SUMMARY
• ANALYSIS
  • Pan-European growth
  • Key Issues
    • Distractions
      • Performance of core market
      • Expansion beyond Europe
    • Acquisition or organic expansion?
      • Finding suitable acquisition targets
      • Pedigree in organic growth
    • Flexibiity
    • Admitting defeat
    • Future opportunities
      • Expansion of the EU
      • Beyond the EU
  • Leading European retailers
    • Carrefour
      • Company Overview
      • European Expansion
      • Outlook
    • Tesco
      • Company Overview
      • European Expansion
      • Outlook
    • Metro Group
      • Company Overview
      • European Expansion
      • Outlook
    • DSGI
      • Company Overview
      • European Expansion
      • Outlook
    • IKEA
      • Company Overview
      • European Expansion
      • Outlook
    • Kingfisher
      • Company Overview
      • European Expansion
      • Outlook
• MAIN CONCLUSIONS
  • Consolidation in the European retail market
  • List of Tables
    • Table 1: Carrefour company overview 2006
    • Table 2: Tesco company overview 2006
    • Table 3: Metro Group company overview 2007
    • Table 4: DSG International company overview 2006
    • Table 5: DSG International company overview 2006
    • Table 6: Kingfisher company overview 2007
  • List of Figures
    • Figure 1: Total number of European countries key pan-European retailers operate in 1996, 2001 and 2006
    • Figure 2: Total European store numbers of key pan-European retailers 1996, 2001 and 2006
    • Figure 3: Carrefour European expansion at 1996, 2001 and 2006
    • Figure 4: Tesco European expansion at 1996, 2001 and 2006
    • Figure 5: Metro's electricals European expansion at 1996, 2001 and 2006
    • Figure 6: Metro's hypermarket European expansion at 1996, 2001 and 2006
    • Figure 7: DSGi European expansion at 1996, 2001 and 2006
    • Figure 8: IKEA European expansion at 1996, 2001 and 2006
    • Figure 9: Kingfisher European expansion at 1996, 2001 and 2006