All Home & DIY articles – Page 173
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NewsIkea UK profits down as it invests to grow its market share
Ikea UK profits fell last year as the retailer invested in shopper experience to stay ahead in the tough big ticket market.
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NewsDreams founder Mike Clare vows to launch new 200-store beds business
Dreams founder Mike Clare has vowed to start up his own beds retailer by the summer after failing to buy back the business last night
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NewsIkea partners with Marriott to launch budget hotel venture
Swedish furniture giant Ikea is to open a string of budget hotels across western Europe and has teamed up with hotel giant Marriott International to support the venture.
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NewsFood price inflation reaches lowest point in five months
Food price inflation fell to a five-month low last month as upward pressure from rises in wheat and corn prices in previous months began to ease.
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NewsDreams acquired by Sun European in £35m pre-pack administration deal
UPDATED: ScS-owner Sun European last night acquired beds giant Dreams in a pre-pack administration deal for £35m, Retail Week has learned.
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AnalysisAnalysis: What do the BRC figures tell us about the retail market?
The BRC reported an unexpected 2.7% rise in the value of retail sales in February today, representing the fastest growth since December 2009. Retail Week looks at the implications for the market.
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NewsHomewares retailer Textiles Direct heads for administration
Homewares retailer Textiles Direct is understood to have filed a notice of intention to appoint an administrator, putting 400 jobs at risk.
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NewsHalf-term and cold weather drives John Lewis sales up 17%
Sales at department store John Lewis rocketed 17.2% to £63.3m in the week to February 23, as half-term and cold weather helped to boost performance.
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AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
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NewsFormer Tesco US boss Tim Mason poised for UK retail return
Former Tesco US boss Tim Mason is in advanced talks to join Sun European, one of the front runners to buy up-for-sale retailer Dreams.
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NewsJohn Lewis to invest £57m in store refurbs over next two years
Department store John Lewis is to invest £32m in an “extensive” refurbishment programme across four shops in the next two years, including its flagship on London’s Oxford Street.
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NewsUnited Carpets' share suspension lifted after administration
United Carpets Group has relisted its shares after a controversial pre-pack administration in which the company acquired its assets back from the administrators.
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NewsDIY retailer B&Q launches loyalty offer app to scan in store
DIY retailer B&Q has launched a new app for users to redeem loyalty offers on their smartphone and access deals on the go.
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NewsJohn Lewis weekly sales jump 8.3% as electricals drive growth
John Lewis sales jumped 8.3% to £63.2m in the week to February 16 as electricals and home technology once again powered growth.
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NewsDebenhams eyes furniture sales jump via catalogue launch
Debenhams is targeting a 50% jump in furniture sales as it launches its biggest ever catalogue this weekend.
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OpinionNick Bubb's verdict: Will B&Q's UK business go the same way as Ireland?
Kingfisher boss Ian Cheshire is fond of boasting that little Screwfix makes more money than Homebase, but the risk is that one day Screwfix will make more money than B&Q.
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AnalysisKingfisher fourth quarter: What the analysts say
Kingfisher group like-for-likes dipped 3.4% in its fourth quarter, with UK and Ireland like-for-likes dropping 5.8% and France down 2.4%. Retail Week takes a look at the analyst reaction
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NewsFinal bids for Dreams due next week as buyers including Sir Philip Green circle
Final bids are due in for beds retailer Dreams next week as suitors including Sir Philip Green circle the business.
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NewsShopper spend at supermarkets surges as retailers expand into non-food
Supermarkets report that 58p of every £1 spent by shoppers go in their tills, which is up from a decade ago after retailers have expanded into non-food categories.
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AnalysisProfile: Tesco - the UK’s largest retailer
The retail landscape has rarely been as turbulent as it is now, and with further economic uncertainty predicted understanding what is happening with the big retailers has never been more important.