This is a detailed report covering Kingfisher’s store formats, private labels, history, key employees, and key financial and operational metrics in Turkey.
Introduction and Landscape
Why was the report written?
This is a comprehensive report covering Kingfisher’s operations in Turkey. It offers an insightful analysis of the company and details of its store formats, private labels, history, news, key employees, and key financial and operational metrics. The report also presents revenues and investment strategies of the company’s key local competitors.
What is the current market landscape and what is changing?
Economic growth in Turkey has been relatively slow, with a submissive growth rate of 2.2% in 2012. However, credit rating agencies Fitch and Moody’s upgraded the country’s foreign currency rating to investment grade. The challenges related to economic growth continue to affect the growth pace of the local retail industry.
What makes this report unique and essential to read?
The report provides detailed information on Kingfisher’s operations and strategy in Turkey. Additionally, it presents revenues and investment strategies of the company’s key competitors in the country.
Key Features and Benefits
The report provides a comprehensive analysis of Kingfisher’s operations in Turkey and is an essential tool to gain a detailed understanding of the company’s local operations.
The report presents Kingfisher’s strategy, which is essential for understanding the direction of the company in the coming years.
A unique table that presents the information of major retailers in Turkey. It provides information on the retailers’ store banners, country of origin, store count, and the year of inception in Turkey.
An insightful analysis of Kingfisher in Turkey, providing details of its store formats, private labels, history, news, key employee biographies, and key financial and operational metrics.
The report provides revenue data for Kingfisher and its key competitors in Turkey. Additionally, it presents investment strategies of the company’s key competitors, and this information is essential to gain an understanding of the market.
Key Market Issues
Retailers in Turkey have struggled due to the weak economic conditions, which have affected the retail industry in general and slowed the growth pace of retailers.
Kingfisher Turkey intends to open four new stores as well as opening ‘click & collect’ centers in the country.
Kingfisher plans to augment its distribution capability in the country in order to provide cost effective and quick product delivery to customers.