All Home & DIY articles – Page 221
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NewsMarks & Spencer strikes design partnership with Sir Terence Conran
Marks & Spencer has struck a partnership with legendary designer and retailer Sir Terence Conran to produce an exclusive home collection.
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NewsKingfisher profits up 23%
DIY giant Kingfisher has reported full-year pre-tax profits up 23% to £670m and said it will ramp up expansion and continue to focus on value for shareholders through the priorities of management, capital and returns.
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NewsNext posts profit rise and warns that retail landscape has been transformed
Fashion giant Next has reported record profits but warned that the retail landscape has fundamentally changed.
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NewsJohn Lewis records 1.8% fall in weekly sales
Sales at John Lewis department stores fell last week as the retailer came up against tough comparatives.
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NewsManagement behind deal for Allied Carpets
Allied Carpets operations director Dean Weston is understood to have led Savana Trading’s purchase of the retailer, which was completed on Monday.
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NewsPoor weather conditions hit Flying Brands’ profit
Multichannel retailer Flying Brands reported a fall in full-year group pre-tax profit as poor weather hampered its core gardening and flowers business during crucial trading periods.
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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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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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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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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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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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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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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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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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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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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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News
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.