All Home & DIY articles – Page 192
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News
Ikea signs franchise agreement in Indonesia
Home furnishings retailer Ikea has signed a franchise agreement with the Indonesian publicly listed retail conglomerate PT Hero Supermarket. “Ikea gives rights and responsibilities to [Hero] to open and operate Ikea stores in Indonesia,” a statement to the Jakarta Stock Exchange revealed, without providing details on the investment value and ...
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NewsDFS founder Lord Kirkham set to batter fish and chip market
DFS founder Lord Kirkham has swapped furniture for fillets in an audacious play for the catering market as the entrepreneur plots a plan for a national chain of fish and chip restaurants.
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AnalysisEaster: What do retailers need to know?
Vouchers, offers, reductions and free delivery are the name of the game as retailers go all out to maximise sales over the crucial four-day holiday.
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NewsRobert Dyas sale process gains momentum
Up-for-sale hardware and homewares chain Robert Dyas is expected to enter exclusivity with a buyer next month.
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NewsFeather & Black sales boosted by multichannel
Beds retailer Feather & Black has outperformed a tough big-ticket market, posting rising sales in its first half as its multichannel offer chimed with shoppers.
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NewsFood drives shop price inflation increase
Shop price inflation rose to 1.5% in March from February’s two-year low of 1.2% as food inflation shot up in the month, according to the British Retail Consortium (BRC)-Nielsen Shop Price Index.
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NewsCold Easter could affect peak trading for DIY and garden retailers
Snowy conditions and a cool outlook could put a dampener on hopes garden centres and DIY retailers had for a bumper Easter weekend.
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Analysis
B&Q: Where do you start with overhauling the second largest store estate in the UK?
Where do you start when it comes to overhauling the second largest store estate in the UK. Simple – set standards and then do everything “invisibly”.
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NewsGovernment launches Portas Plus plans to rescue failing high streets
The Government has pledged almost £13m to save suffering high streets as it is this morning expected to accept the “vast majority” of recommendations made by the Portas Review.
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NewsJohn Lewis makes a play for ‘premium’ overseas presence
Retailer to partner with South Korean department store to sell ‘very British’ own-brand homewares.
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NewsTopps Tiles expects 4.5% like-for-like sales fall
Topps Tiles is expected to report a 4.5% fall in like-for-like sales for the first half.
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News
DIY retailer Hornbach reports sales increase
DIY retailer Hornbach, in which Kingfisher has a minority stake, has reported that preliminary sales rose 6.2% to E3.2bn (£2.67bn) for the year to February 29, 2012. DIY sales in Germany increased 5.4% to E1.73bn (£1.45bn), while like-for-likes were up 5.8%. International like-for-likes grew 1.6%, excluding currency effects, but fell ...
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NewsRetail sales flat in March according to CBI
Retail sales were flat in March according to the CBI.
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NewsGarden Centre Group bought by Terra Firma in £276m deal
Garden Centre Group has been acquired by private equity firm Terra Firma in a deal that values the business at £276m.
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AnalysisDriving logistics efficiency
Faced with the challenge of cutting costs, supply chain teams should scrutinise logistics efficiency because even small changes can bring big savings. Alison Clements reports.
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AnalysisCampaign of the week: B&Q You can do it too
B&Q’s spring/summer campaign continues its shift towards a more emotive form of advertising, focusing on the emotional aspects of home improvement as opposed to the functional price-led approach it used to rely on.
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NewsCath Kidston: Booming sales for the kitsch retailer
Booming sales at the retailer reflect two years of rapid growth under its private equity owner.
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NewsDFS EBITDA plummets in first half
Furniture specialist DFS’ EBITDA plummeted 32% to £28.3m in its half year.
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NewsKingfisher profits up as it eyes new markets for growth
Kingfisher full year adjusted pre-tax profits soared 20% to £807m, driven by a strong performance in France and the UK.
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News
Ikea plans first Croatian store
Home furnishings retailer Ikea plans to open its first store in Croatia at the end of 2013, the Croatian Times reported.Following a meeting with company officials, the Swedish ambassador to Croatia, Fredrik Vahlquist, said long-term plans included the opening of two more stores in Rijeka and in the Dalmatian city ...