All Home & DIY articles – Page 224
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AnalysisJim Hodkinson
The retail veteran will be able to call on decades of experience as he takes on his latest challenge at Floors-2-Go.
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NewsCath Kidston appoints new managing director as sales surge 52%
Fashion and homewares specialist Cath Kidston has appointed former Habitat chief executive Mark Saunders as managing director and reported strong Christmas trading.
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NewsThe Original Factory Shop Christmas like-for-likes up 5%
The Original Factory Shop has reported like-for-like sales up 5% over the Christmas period with sales of outdoor products strong in the snow.
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NewsIkea group profits rise 6%
Furniture giant Ikea has revealed full year net profit growth of 6.1% to €2.7bn.
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NewsJohn Lewis sales up 39% ahead of VAT increase
John Lewis sales soared 38.7% to £74.7m in the week to January 8, making it the largest weekly increase this financial year.
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NewsHodkinson joins Floors-2-Go
Floorings specialist wins £3.25m cash injection and hires sector veteran as it guns for growth
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NewsBrightHouse sees demand surge but stays cautious
Rent-to-own electricals and furniture retailer BrightHouse has revealed a strong Christmas but cautioned that current trading has been tougher. Like-for-likes increased 9.8% in the 13 weeks to December 31, 2010.
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NewsDunelm down in the dumps while Topps Tiles impresses
Updates from home retailers Dunelm and Topps Tiles painted a contrasting picture of trading conditions in the sector.
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NewsDreams founder Mike Clare sets up new furniture venture
Entrepreneur Mike Clare, who founded beds giant Dreams, has set up a new mid-to-high-end furniture retailer.
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NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.
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NewsDunelm's Christmas like-for-likes slide
Dunelm Group has reported a like-for-like sales fall of 4.2% in its second quarter over the Christmas period, resulting in a like-for-like dip of 1.2% for its first half.
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NewsTopps Tiles sales up despite snow disruption
Topps Tiles like-for-like sales grew 2.2% in the 13 weeks to January 2.
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NewsMarks & Spencer posts 2.8% Christmas like-for-like sales rise
Retail bellwether Marks & Spencer generated UK like-for-like growth of 2.8% and market share gains over the Christmas period, despite arctic weather conditions.
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NewsKingfisher launches tender offer for £100m of notes
International DIY group Kingfisher is to cut debt and improve its return on cash by purchasing up to £100m of loan notes from holders.
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NewsBrightHouse reveals strong Christmas and remains confident for 2011
Rent to own electricals and furniture retailer BrightHouse has revealed a strong Christmas trading period and feels confident of sustaining “robust” growth in 2011.
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NewsLosses fall at Jysk as turnover soars 20%
Danish furniture retailer Jysk has increased sales in a difficult market while shaving a third off its losses.
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NewsHarveys appoints former Dixons director to drive market share
Furniture chain Harveys has hired former Dixons director Stephen Campbell as its new managing director.
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NewsFurniture Sales benefit from VAT rise
Furniture retailers have experienced a good start to their Boxing Day Sales despite the snow putting off customers initially.
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News
DCM Holdings revenue falls 2% to £2.5bn
Home improvement retailer DCM Holdings reported a 2% fall in revenues to ¥320.8bn (£2.5bn) in the nine months ending November 30, 2010. Operating profit was up by 3.8% to ¥11.8bn (£93m), while net profit was up by almost a quarter to ¥6.5bn (£51m).
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NewsThe White Company reveals strong Christmas trading
Furniture and fashion retailer The White Company experienced a 24% surge in Christmas sales as gifts, clothing and fragrance helped pull in shoppers.