All Home & DIY articles – Page 183
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AnalysisAnalysis: Lessons from the September reporting season
A raft of retailers ranging from John Lewis to Argos and spanning food to homewares updated last week. Retail Week examines the picture they paint of retail conditions.
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News
Home Depot to close remaining big-box stores in China
US-based home improvement retailer Home Depot is to close its remaining seven big-box stores in China. However, it will keep a new formats team in the country to continue research and development. In addition, the retailer is retaining two recently opened specialist stores in Tianjin – a paint and flooring ...
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NewsEuan Sutherland joins Kingfisher board
Kingfisher chief operating officer Euan Sutherland has joined the retailer’s board.
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NewsBill Carrahar exits Carpetright
Bill Carrahar has left floorings giant Carpetright a year after being hired to head up its burgeoning beds business.
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NewsInflation rate slows to 2.5%
The rate of inflation slowed to 2.5% in August due to smaller rises in the price of clothing.
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NewsIkea appoints new group chief executive
Ikea Group has appointed Peter Agnefjäll as president and chief executive to replace Mikael Ohlsson, who will step down next September after 34 years with the retailer.
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NewsDreams chief operating officer Greg Suthern departs
Dreams chief operating officer Greg Suthern has left the business after nine years.
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NewsOcado launches DIY and car care lines
Etailer Ocado has launched DIY and car care ranges as part of its shift move from a “supermarket to a hypermarket”.
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OpinionComment: Retail lessons from Home Depot's failure in China
US retailer Home Depot has decided to pull out of China, shutting all its stores.
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InterviewQ&A: Next chief executive Simon Wolfson
Next boss Simon Wolfson gives his views on the current economy after the home and fashion retailer reported a rise in profit but decline in like-for-like sales in its first half.
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NewsProfits dip at Lakeland
Homewares specialist Lakeland’s pre-tax profits slipped to £7.2m in 2011 from £10.7m the previous year, although sales advanced.
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InterviewQ&A: John Lewis boss Andy Street
John Lewis revealed its first half figures this morning, revealing an operating profit surge of 188.6% to £29.8m, while like-for-like sales rose 9.2%. Retail Week talks to John Lewis managing director Andy Street about pop up shops, relaunching the web site and Christmas
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AnalysisDunelm: What the analysts say
Value homewares chain Dunelm reported another set of positive full year results this morning as pre-tax profits surged 15.1% to £96.2m in the 52 weeks to 30 June. The City was not disappointed.
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NewsDunelm full-year profits soar as wet weather lifts sales
Value homewares retailer Dunelm’s pre-tax profits surged 15.1% to £96.2m in the 52 weeks to 30 June, 2012.
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NewsJohn Lewis Partnership profits climb 60% in first half
Profits at the John Lewis Partnership soared almost 60% as buoyant trading and the growth of online shopping drove sales at both John Lewis and Waitrose.
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NewsTablets and e-readers drive Argos like-for-likes up 1.4%
Like-for-likes at catalogue retailer Argos rose 1.4% in the 13 weeks to September 1 and parent Home Retail expects group full-year profits to be in line with expectations.
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NewsNext reports rise in profits despite like-for-like decline
Next recorded an increase in sales and profits despite a fall in like-for-like sales in the first half.
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NewsB&Q reviews store portfolio for the "omnichannel world"
B&Q is reassessing its 360-strong store portfolio to determine what size estate it needs in an “omichannel world”.
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AnalysisKingfisher: What the analysts say
The DIY group Kingfisher saw its adjusted pre-tax profits plummet 15.5% to £371m in the first half, with the B&Q-owner blaming record wet weather over the summer. The City highlighted other factors as well as weather.
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NewsProfits leap at Laura Ashley
Fashion and homewares retailer Laura Ashley has reported first-half profits up 13.7% to £8.3m driven by its multi-channel strategy and a differentiated product range.