All Home & DIY articles – Page 207
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NewsBusinesses set up further High Street Fund for riot hit retailers
A further nationwide High Street Fund has been set up to help small business affected by the riots that hit England this month.
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NewsOka profits up 24%
Oka, the furniutre chain part owned by Lady Astor, David Cameron’s mother-in-law, reported a 24% rise in underlying profits to £427,000 in its last financial year.
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NewsJohn Lewis beats rioters with weekly sales rise
Department store chain John Lewis generated a sales increase of 2.9% to £52.9m last week, despite riot disruption. Excluding VAT, the rise was 1.3%.
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GalleryThe Next big thing
Next opened a store last week for its homewares, furniture and clothing offers with a DIY and gardening offshoot. John Ryan travelled to Shoreham-by-Sea to look at its latest innovation
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NewsTwelve more TJ Hughes stores to close
A further 12 TJ Hughes stores are to close, administrator Ernst & Young has revealed.
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NewsLombok insists it’s committed to growth despite second pre-pack
Lombok has not ruled out opening more stores after being bought out of pre-pack administration by its management for the second time in two years.
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NewsTK Maxx owner triples profits in Q2
TJX Europe, the parent company of off-price fashion chain TK Maxx, tripled its profits in the second quarter of 2011 as like-for-like sales in Europe remained stable.
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NewsLondon footfall slumps amid riots
Footfall slumped in London last week as people stayed away from the high street to avoid the riots and retailers shut up shops.
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NewsCreditors better protected under new pre-pack rules
Businesses may find it harder to push through controversial pre-pack administrations under a new draft regulation to be unveiled next month.
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OpinionThe Next DIY store
Retailers’ brand extensions may work better as high street standalones than catchall behemoths.
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NewsLombok bought out of pre-pack administration
Furniture retailer Lombok has been bought out of pre-pack administration by its management for the second time in two years.
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NewsWeekly sales slip at John Lewis
Sales at John Lewis department stores slipped 1.4% last week to £51.8m as warm weather and the peak holiday period took a toll. Excluding VAT the decline was 3.3%.
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NewsFindel turnaround gathers steam with sales rise
Home shopping group Findel reported an encouraging start to its turnaround as group sales rose 1.1% year-on-year.
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NewsTrevor Reeves: "I felt total despair"
The owner of The House of Reeves furniture store in Croydon has described the “extremely emotional” moment when the store was demolished after being razed to the ground amid the riots.
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NewsStore stocks bear up despite wave of riots
Despite the wave of rioting, including shop-burning and widespread looting, stores were down but outperformed other stocks in a week when the global markets were undermined by renewed financial fears.
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GalleryIn pictures: First look at Next Home and Garden
Next has opened the first of it’s Home and Garden stores in Shoreham-by-Sea, West Sussex.
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NewsAdministration looms for Lombok
UPDATED: Furniture chain Lombok has filed an intention to appoint an administrator and is danger of going bust in the next few days.
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NewsRobert Dyas boss to ‘get back to basics’
Robert Dyas’s new boss is to focus on supply chain, cost control and leveraging customer loyalty as the owner of the hardware and homewares chain looks for an exit.
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NewsConsumers more cash-strapped than ever
British consumers have never felt so strapped for cash as rising utility bills leave little money left over for basic needs.