All Home & DIY articles – Page 224
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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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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.
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NewsDFS reports first quarter earnings flat at £15.2m
DFS, the specialist sofas retailer owned by private equity firm Advent, has posted flat earnings in its first quarter.
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NewsDixons, Home Retail and HMV among most at risk from snow disruption
Electricals group Dixons, Argos-owner Home Retail Group and entertainment specialist HMV are among the retailers most likely to be affected by snow and icy conditions broker Numis believes.
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NewsJohn Lewis beats snow to post sales leap
Despite taking a sales hit of almost £5m on Saturday, department store chain John Lewis managed to achieve turnover of more than £120m for the second week running and for only the second time in its history.
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Danks acquire five Magnet Mart stores as part of owners Woolworths and Lowe's venture into hardware
Woolworths and its US-based home improvement partner Lowe’s have acquired a Canberra-based hardware chain, as part of their aggressive venture into the hardware arena. The five stores, which trade under the name Magnet Mart, have been acquired by Danks, the hardware wholesaler that ...
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PPR enters talks with South African Steinhoff International Holdings
Luxury and retail group PPR has entered into exclusive negotiations with South African Steinhoff International Holdings over the sale of its shares in Conforama. The transaction is worth about E1.2 bn (£1bn) in cash. In November 2009, PPR announced that it was planning to sell off its retail division including ...
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NewsBig-ticket retailers race to start Sales before the VAT rise hits
DIY and furniture retailers confident about early start to January Sales but cautious about early 2011
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NewsChristmas on ice
High street could benefit at the expense of out-of-town shops if the bad weather continues
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NewsStakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
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NewsLaura Ashley sales rise despite snow
Furniture and fashion retailer Laura Ashley like-for-likes grew 2.7% in the 19 weeks to December 11.
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NewsFranchise model insulates United Carpets from harsh trading conditions
United Carpets has posted a fall in first-half profits but labelled performance “solid” in the tough trading environment.
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NewsClas Ohlson scales back UK expansion plans in tough market
Swedish DIY and homewares chain Clas Ohlson has scaled back its UK expansion plans due to difficult market conditions.