All Home & DIY articles – Page 214
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News120 Focus stores to be closed
UPDATED: The administrators of Focus DIY have confirmed the appointment of restructuring firm Gordon Brothers to advise on the sale of all stock with a view to “closing down the chain”.
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NewsFocus stock liquidation to begin next week
DIY group Focus’s administrator Ernst & Young has hired restructuring specialists to begin liquidating stock next week, Retail Week has learned.
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NewsWeekly sales flat at John Lewis
Sales growth at department store chain John Lewis was flat last week, when revenues came in at £53.4m.
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NewsBrand Alley on track for first profits as it aims to double sales on UK site
Brand Alley is aiming to double UK sales this year as the private Sales site looks to break into profit for the first time.
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NewsHabitat hires new boss as it targets both value and affluent shoppers
Furniture retailer Habitat is to broaden the appeal of its ranges and review its property portfolio in a bid to continue its turnaround under newly appointed group chief executive Kevin Styles.
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NewsRoyal wedding and weather help retail sales soar
Warm weather and the Royal Wedding helped retail sales soar 5.2% by value and 2.7% by volume in April compared to the same month last year.
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NewsHabitat invests £1m in overhaul of IT network
Furniture retailer Habitat aims to save 30% on its network costs by moving to a faster, more efficient wide area network (WAN) as part of a £1m IT infrastructure overhaul.
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NewsBolland mulls moving M&S more upmarket
M&S chief executive Marc Bolland is said to be plotting to move the business in a more contemporary and upmarket direction from the autumn, it is understood.
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NewsTopps Tiles appoints non exec Michael Jack as chairman
Topps Tiles has appointed former MP and non executive director Michael Jack as chairman.
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NewsWickes snaps up 13 Focus stores for £8.4m
Wickes has bought 13 Focus DIY stores following the retailer’s collapse into administration earlier this month.
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NewsLondon shops on high alert after bomb threat
Shopping centres and major retail destinations were on high alert this morning after Irish terrorists threatened to bomb London as the Queen visits Dublin today.
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NewsBrand Alley seeks £87m to fund growth
Online upmarket private sales site Brand Alley has appointed Merril Lynch to raise €100m (£87m) to fund acquisitions of fledgling businesses in the sector.
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NewsHomebase hires Jo Kenrick as marketing director
Homebase has hired former B&Q executive Jo Kenrick as its marketing director.
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NewsRestructuring firms and former rivals circle Focus
Collapsed DIY retailer Focus is attracting interest from a string of retailers and restructuring firms for all or part of the business.
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OpinionCheshire’s grinning
The demise of Focus, pancaked under a pile of debt, brings long-expected consolidation in the DIY sector and a big beneficiary will be Kingfisher.
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NewsFocus administrators report “fantastic level of interest" in business
Focus DIY administrators have received a “fantastic level of interest” in the business as it seeks offers for a sale of the retailer.
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NewsLike-for-like sales jump 5.2% in April, the BRC reports
Like-for-like sales leaped last month as sunny Easter weather and the royal wedding boosted sales.
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NewsWickes grows market share as like-for-likes rise 1.9%
Wickes like-for-likes increased 1.9% in the 17 weeks to April 30.
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NewsFootfall suffers as royal fever grips nation
Shopper numbers slumped on the weekend of William and Kate’s nuptials but food and garden retailers were boosted by wedding fever.
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OpinionA false dawn for the two-speed market?
After two bank holidays, a royal wedding and some cracking weather, this week had a bit of a back to school feeling.