All Home & DIY articles – Page 175
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NewsEaster sales at garden centres 'well down' as cold weather continues to bite
Sales at garden centres were “well below what was expected” over the critical Easter weekend as the cold weather continued to bite.
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NewsLaura Ashley blames fall in fashion sales on poor product offering
Laura Ashley has admitted it got its fashion product offering wrong after reporting a “disappointing” fall in full-year clothing sales this morning.
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NewsLaura Ashley full-year profits jump as like-for-likes rise 2%
Laura Ashley has recorded a 9.2% leap in full-year profits to £20.1m while like-for-like sales grew 2% in the year to January 26.
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AnalysisAnalysis: Waitrose’s budding plans for growth in the gardening sector
As Waitrose announces a new gardening range, we look at how the category is performing and whether there’s space for a new entrant.
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Stong performance for homewares retailer Williams-Sonoma
Homewares retailer Williams-Sonoma’s net revenues increased 8.7% to $4.04bn (£2.66bn) in the year ended February 3. Performance was driven by a 14.5% increase in direct-to-customer revenues and like-for-like growth of 6.1%.Net earnings rose 8.4% to $256.7m (£168.9m).
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NewsTopps Tiles profits expected to dip as it kicks off cost reduction initiatives
Topps Tiles underlying pre-tax profit is expected to fall in the 26 weeks to March 30 “against a background of weaker than expected demand”.
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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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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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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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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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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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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. ...