All Home & DIY articles – Page 172
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NewsKingfisher boss insists growth plan is on track despite profit dip
Kingfisher boss Ian Cheshire has insisted that the DIY giant’s growth plan remains on track despite profits slipping for the first time in five years last year.
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NewsCold weather threatens to ruin Easter trading for DIY and garden retailers
DIY and garden retailers are bracing themselves for an Easter weekend sales freeze during the most important time of the year for home improvement categories, as wintry conditions continue to undermine performance.
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NewsEtailer Occa Home adds former Best Buy Europe boss Willett to board
Occa Home, the furniture etailer backed by Asos and The Hut investor The William Currie Group, has appointed former Best Buy Europe boss Bob Willett to its board.
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AnalysisKingfisher full-year figures: What the analysts say
Kingfisher, the DIY group which owns B&Q and Screwfix, today posted an 11% drop in pre-tax profit to £715m for the year to January 31, 2013. Retail Week takes a look at what the City thinks.
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NewsB&Q owner Kingfisher posts full-year profits plunge
Kingfisher full-year group pre-tax profits plunged 11% to £715m in its year to January 31 as wet weather hindered sales in the UK.
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NewsSofa specialist DFS backs Irish retail market and eyes expansion
DFS has signalled its confidence in the Irish market despite some UK retailers putting their businesses through insolvency protection processes this year.
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News
Group sales increase for DIY retailer Hornbach
DIY retailer Hornbach’s group sales increased 0.8% to E3.23bn (£2.75bn) in the year ended February 28.The Hornbach-Baumarkt fascia achieved growth of 0.6% to E3bn (£2.5bn) year on year. Consolidated like-for-like sales dropped 1.4% from the previous year’s level of 2.8%.
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NewsLaura Ashley puts squeeze on suppliers with price cut demands
Furniture and fashion retailer Laura Ashley has been accused of squeezing its suppliers by support group the Forum of Private Business.
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NewsCath Kidston plots Spanish concession expansion
Kitsch retailer Cath Kidston is in talks to roll out concession stores in Spain, which will be its first step into continental Europe.
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NewsSofa retailer CSL invests £1m to roll out iPads across stores
Sofa retailer CSL is set to roll out iPad minis to its entire store estate in a new £1m project, which is expected to significantly increase sales.
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NewsOnline, not stores, key to overseas growth, says Next boss
Next has shunned opening stores overseas in favour of pushing its online operation as it prepares to launch its Chinese website this year.
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NewsSofa retailer DFS refinances after strong first half
Sofa giant DFS has refinanced the business after it reported a 9.9% jump in EBITDA to £31.1m in the 26 weeks to January 26.
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NewsNext full-year profits soar 9% as new year gets off to slow start
Next pre-tax underlying profit jumped 9% to £622m over the year against a 3.1% sales jump, however, the new year has got off to a slow start.
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News
Adeo claims 2012 results make it European DIY leader
Adeo has claimed its 2012 results now make it the European DIY leader, ahead of UK-based Kingfisher, which announces its 2012 results later this month.The owner of the Leroy Merlin banner reported that sales rose 8.3% to E14.9bn (£12.76bn) for the year, driven by a 3.4% rise in like-for-like sales. ...
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NewsWaitrose launches gardening range in bid to be 'serious' player in category
Waitrose is this week launching a gardening range as it aims to become a “serious” retailer in the category.
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NewsJohn Lewis sales increase 14% in the run-up to Mother's Day
John Lewis records “another huge week” as sales at its department stores climbed 14% last week in the run-up to Mother’s Day
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NewsArgos like-for-likes rise 5.2% as tablets drive sales
Argos like-for-like sales jumped 5.2% in the eight weeks to March 2 as sales of tablet devices drove a strong performance.
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NewsFeather & Black boss Adam Black steps down
Beds retailer Feather & Black’s managing director Adam Black has stepped down to “pursue other opportunities” leaving the retailer without either of its founders.
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NewsBedtime story of Dreams’ original sale
Dreams’ founder and former chief executive Mike Clare might have been disappointed to have lost out on buying back the beds and furniture retailer - that he sold in 2008 - last week.
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NewsVideo: John Lewis to invest a record £200m as it plots overseas expansion
Department store John Lewis is to invest a record £200m in its business this year as it plots overseas expansion.