All Home & DIY articles – Page 222
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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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News
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 ...
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NewsB&Q to sell Royal Wedding gnomes
B&Q is celebrating the Royal Wedding with the sale of a commemorative pair of gnomes.
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NewsCPI inflation rises to 4%
Consumer prices index (CPI) inflation rose to 4% in January, up from 3.7% in December.
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NewsJohn Lewis reports 'pleasing' start to new financial year
Sales at department store chain John Lewis rose last week as its new financial year kicked off.
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NewsRoyal wedding bank holiday to hit store costs
Leading retailers face higher staff costs due to this year’s extra bank holiday for the Royal Wedding.
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AnalysisMary Portas: Queen of shops or enemy of retailers?
Mary Portas’ new series, Secret Shopper, has incurred the wrath of retailers. But the ‘queen of shops’ remains defiant.
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Analysis
Not just a pretty face
Successful collaborations between retailers and celebrities now require the famous faces to do much more than just smile for the camera.
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Opinion
Mydeco.com
Buying furniture online is not easy. Trying to envisage the products in place, and combining and comparing products from lots of retailers is tricky. Which is where Mydeco.com comes in.
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NewsShop price inflation rises to 2.5%
Shop price inflation rose sharply to 2.5% in January, up from 2.1% the month before.
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NewsCarpetright cautions prices will rise in 2011
Floorings giant Carpetright is to hike up its prices by about 8% this year as it seeks to mitigate soaring costs including freight and petrol.
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NewsKingfisher’s trade chain Screwfix opens up to public with showroom
DIY giant Kingfisher’s trade chain Screwfix is to trial a standalone bathroom store, called Watersmith.
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NewsRobert Dyas chief executive Steven Round in shock exit
Chairman to run the business until new chief executive is appointed, while board is bolstered.
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NewsIn Focus: Edinburgh Woollen Mill
Edinburgh Woollen Mill, whose Retail Week Knowledge Bank profile has been updated, is an example of a maturing retailer that has been evolving against a background of market vagaries. Despite its diversification being questioned, it seems to be paying off.
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OpinionInflation hides a multitude of sins
“Lies, damned lies and retailers’ Christmas trading statements.” As a retail analyst I always hated January and its seemingly never ending stream of sales updates.