All Home & DIY articles – Page 218
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NewsWorld of Sofas bought in pre-pack deal by management
World of Sofas, the sofa chain set up by Land of Leather founder Paul Briant, has been bought out of pre-pack administration by its management team, led by Briant.
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NewsFocus strikes deal to keep monthly rents
DIY group Focus has won agreement from most of its landlords to carry on paying monthly rents from the end of this month.
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NewsCarpetright shuts Ireland stores after steep sales fall
Carpetright has become the second high-profile UK retailer to close stores in Ireland over the past two weeks as retail sales continue to plummet in the country.
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NewsJohn Lewis reports half-term sales lift
Sales at department store chain John Lewis rose 7.2% to £54m last week, when the retailer benefited from the half-term holiday south of the border.
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NewsBensons Beds boss to step down from role
Bensons for Beds managing director Bill Carrahar is to step down from the retailer after five years in the role.
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NewsWickes online sales up 70% as it upgrades site
DIY retailer Wickes has increased the value of its online sales by 70% in the past year after introducing a range of initiatives on its website.
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NewsTile Depot planning another 15 shops
Tile Depot wants to double its store portfolio over the next two years after increasing its warehouse capacity.
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NewsB&Q to invest £35m in multichannel operations
Market leading DIY retailer B&Q is to spend £35m improving its online business.
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NewsFocus offloads 6 stores to Asda
DIY chain Focus has offloaded six stores to supermarket Asda in a bid to raise funds.
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NewsCity lukewarm on the outlook for retail
As pressure continued to bear down on general retail stocks, Nomura and Espirito Santo issued notes assessing prospects.
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NewsNew Dunelm boss maps out plan for expansion
Dunelm’s new chief executive Nick Wharton will focus on store roll-outs and multichannel operations as he seeks to further grow the business.
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NewsAsda plans premium homewares line
Asda is to launch a premium homewares line that it claims will be up to 30% cheaper than the typical high street equivalent as it seeks to take further advantage of the buying power of parent Walmart.
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Fressnapf turnover up 7.6% to £1.08bn
Pet care retailer Fressnapf has posted an annual turnover of €1.28bn (£1.08bn) for the 2010 fiscal year - an increase of 7.6% compared with the year before.Like-for-like sales grew by almost 2%. In its home market of Germany, Fressnapf posted a turnover of €874.7m (£736.9m), a 5.2% increase.In 10 other ...
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NewsLand of Leather brand up for sale
The Land of Leather brand is up for sale, just over two years after the business collapsed into administration.
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NewsWickes gains market share despite flat like-for-likes
DIY chain Wickes like-for-likes remained flat in 2010, rising 0.2%, but current trading has improved.
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NewsFormer Kingfisher director Nigel Whittaker dies
Former Kingfisher director Nigel Whittaker died on Saturday after a long illness.
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AnalysisScrewfix taps a new market
Tradesmen’s choice Screwfix has opened Watersmith, a standalone bathroom store in Stoke-on-Trent. John Ryan assesses its prospects
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NewsNew Dunelm chief plans multichannel push as profits rise
Value homewares group Dunelm’s new chief executive, Nick Wharton, who formally takes up the role today, is confident of continued growth despite tough trading conditions and highlighted multichannel opportunities.
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NewsKingfisher expects profit to be at top end of expectations, despite B&Q hit by snow
DIY group Kingfisher expects to report full year pre-tax profit at the top end of analyst expectations, despite B&Q being hit by the snowy weather in December.
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Canadian Tire Q4 sales up 2.4% to £1.96bn
Canadian Tire reported sales up 2.4% in the fourth quarter to C$3.1bn (£1.96bn), while net earnings rocketed 88.2% to C$181.1m (£114.6m). Sales at its Canadian Tire Retail division, which comprises mainly company-owned and operated stores, increased 0.5%. Like-for-like sales declined 0.4%. Adjusted earnings before taxes at Canadian Tire Retail soared ...