Annual Report 2009/10 Excellence in Retailing - Douglas Holding
Annual Report 2009/10 Excellence in Retailing - Douglas Holding
Annual Report 2009/10 Excellence in Retailing - Douglas Holding
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86 Divisions<br />
Thalia · Books<br />
driver. By contrast, the 232 fixed-location bookstores <strong>in</strong><br />
Germany saw sales decl<strong>in</strong>e by 1.4 percent to about EUR<br />
619 million, although they extended their position overall<br />
<strong>in</strong> a generally lackluster market environment. Thanks<br />
particularly to the additional revenues from buch.ch,<br />
turnover outside Germany was up by 13.1 percent to<br />
over EUR 216 million. But the fixed-location bookstores<br />
<strong>in</strong> Austria (33) and Switzerland (24) also posted a 3.8<br />
percent sales ga<strong>in</strong> for a total topp<strong>in</strong>g EUR 198 million.<br />
In Austria Thalia clearly outperformed the market once<br />
aga<strong>in</strong>, cement<strong>in</strong>g its status as the country’s most popular<br />
retail brand. In Switzerland Thalia successfully secured<br />
its lead<strong>in</strong>g position <strong>in</strong> a market where prices are<br />
not regulated.<br />
In Germany Thalia opened five new bookstores <strong>in</strong><br />
the <strong>2009</strong>/<strong>10</strong> f<strong>in</strong>ancial year; eleven unprofitable locations<br />
were closed. In October <strong>2009</strong> Thalia had launched a new<br />
era <strong>in</strong> shop design by open<strong>in</strong>g its first multi-channel<br />
bookstore <strong>in</strong> the “Loop5” shopp<strong>in</strong>g mall <strong>in</strong> Weiterstadt.<br />
The venues which opened dur<strong>in</strong>g 20<strong>10</strong> – at Leverkusen’s<br />
“Rathaus-Galerie” (February), <strong>in</strong> the university town of<br />
Goett<strong>in</strong>gen (March) and on Westenhellweg <strong>in</strong> Dortmund<br />
(May) – already represent the second generation<br />
of multi-channel bookstores. With every new location<br />
that it opens, Thalia is gather<strong>in</strong>g useful experience on<br />
what customers like most – <strong>in</strong>sights that are systematically<br />
<strong>in</strong>corporated <strong>in</strong>to plans for the next new venue.<br />
Thalia also set new benchmarks <strong>in</strong> the fields of sales<br />
tra<strong>in</strong><strong>in</strong>g, product displays, and merchandise configuration<br />
and management. In the area of shop design, emphasis<br />
was placed on <strong>in</strong>vest<strong>in</strong>g venues with a local flavor.<br />
In Goett<strong>in</strong>gen, for example, pillars recall<strong>in</strong>g birch<br />
Colorful read<strong>in</strong>g for budd<strong>in</strong>g bookworms – as here <strong>in</strong> Dortmund.<br />
Olaf Schwenk<br />
Head of Children’s Books,<br />
Augsburg<br />
The Books of Umber.<br />
Happenstance Found.<br />
(P. W. Catanese)<br />
“This marks the birth of an<br />
excit<strong>in</strong>g new cult trilogy!<br />
Catanese’s great mixture: Hap,<br />
the boy without a past but with<br />
surpris<strong>in</strong>g gifts, his mysterious<br />
mentor Lord Umber, whales that<br />
piggy-back submar<strong>in</strong>es, and a<br />
s<strong>in</strong>ister character <strong>in</strong> pursuit.<br />
A magical world that is fatefully<br />
l<strong>in</strong>ked to the end of technological<br />
civilization.”<br />
trees allude to the city university’s science faculties. The<br />
Dortmund bookstore not only echoes the unique character<br />
of Germany’s traditional <strong>in</strong>dustrial hub but also features<br />
numerous regional works from the areas of literature,<br />
history and the arts. For Thalia Austria, the August<br />
20<strong>10</strong> open<strong>in</strong>g of its first multi-channel bookstore at the<br />
“Varena” shopp<strong>in</strong>g center <strong>in</strong> Vöcklabruck proved a major<br />
highlight. Thalia also launched Austria’s very first <strong>in</strong>teractive<br />
theme world – cover<strong>in</strong>g some 6,500 square<br />
feet and dedicated exclusively to the delights of read<strong>in</strong>g.<br />
In the area of market<strong>in</strong>g, the Group’s advertis<strong>in</strong>g dur<strong>in</strong>g<br />
20<strong>10</strong> produced a significant leap <strong>in</strong> brand awareness<br />
– as affirmed by the “20<strong>10</strong> Brand and Advertis<strong>in</strong>g<br />
Track<strong>in</strong>g” study. It found that the Thalia brand’s aided<br />
recall score is 73 percent, while some 80 percent of customers<br />
are satisfied with their local Thalia bookstore.<br />
Other representative surveys among book buyers also<br />
showed that awareness of both the fixed-location stores<br />
and onl<strong>in</strong>e shops is ris<strong>in</strong>g quickly. The sharp <strong>in</strong>crease<br />
<strong>in</strong> awareness of the onl<strong>in</strong>e shops was especially noteworthy.<br />
Over 50 percent of respondents who knew the<br />
Thalia brand are also familiar with thalia.de and thalia.at<br />
– a year ago the figure was appreciably lower. This surge<br />
was powered above all by the extreme dedication of the