All Home & DIY articles – Page 23
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NewsMade.com to enter voluntary liquidation process
Made.com will be placed into members’ voluntary liquidation to formally wind up the company, a shareholder vote on the future of the company has concluded.
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NewsDFS reiterates profit guidance after strong start to the year
Furniture specialist DFS has reiterated its full-year profit guidance and hailed a strong start to winter trading, having spent much of last financial year struggling with low customer demand.
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NewsProCook confident of recovery despite challenging Christmas period
ProCook has said it is confident its performance will improve despite reporting falling revenues over a Christmas period hampered by challenging trading conditions.
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NewsVery sales rise at Christmas as toy and beauty categories do well
Pureplay retailer The Very Group has reported a lift in sales in the run up to Christmas, with strong demand for toys and beauty products in particular.
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NewsTopps Tiles delivers strong Christmas performance as trade sales rise
Topps Tiles has posted robust Christmas trading results, thanks to a boost in sales from trade professionals.
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NewsSofa-in-a-box brand Snug bought by ScS
ScS has snapped up digital-first sofa-in-a-box brand Snug for £875,000.
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AnalysisAnalysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
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NewsTrouva acquired by personal shopping platform Re:store
Trouva, the online marketplace for independent brands, has been bought by Cambridge-based digital personal shopping platform Re:store for an undisclosed sum.
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NewsNext ups profit guidance as Christmas sales beat expectations
Fashion powerhouse Next has increased its earnings guidance after a strong Christmas performance.
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NewsVictorian Plumbing to open new £50m distribution centre
Victorian Plumbing is to open a new 544,000 sq ft, purpose-built distribution centre in Lancashire after agreeing on a 20-year lease.
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AnalysisBuys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
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NewsMade.com customers to be left £12m out of pocket, warn administrators
Tens of thousands of Made.com customers will collectively lose out on £12m worth of deposits made around the time the retailer collapsed into administration.
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NewsOak Furnitureland defies sector gloom as it returns to profitability
Oak Furnitureland has defied ongoing pandemic-induced disruption and soaring inflation in freight and raw materials to post a 10% year-on-year uplift in group revenue and a return to profit.
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NewsExclusive: Loaf names Sam Perkins chief executive as founder Marshall takes up brand role
Furniture specialist Loaf has appointed former In The Style boss Sam Perkins as chief executive as founder Charlie Marshall steps aside, Retail Week can reveal.
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NewsProCook swings to loss despite ‘good strategic progress’
ProCook has swung to a half-year loss after suffering a slide in sales against tough comparatives.
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NewsIkea unveils £12m cost-of-living support package for staff
Ikea has invested £12m in a pay rise and wellbeing support package to support its staff through the cost-of-living crisis.
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NewsMade.com: Unsecured creditors and suppliers to get just 2% of £187m owed
Hundreds of unsecured creditors to Made.com will receive less than 2% of the £187m owed to them by the collapsed homewares business.
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NewsKingfisher inches down profit guidance amid rising wages and energy bills
Kingfisher has shaved £10m from the upper end of its profit guidance in the face of rising wages and energy bills.
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NewsDreams unveils £5m cost-of-living support package for staff
Dreams is set to provide its employees with a financial and wellbeing support package to assist them through the cost-of-living crisis.
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OpinionGraham Bell: ‘Retailers have as big a role as government in tackling cost-of-living crisis’
Retailers are undoubtedly operating in an ongoing challenging environment, with consumers facing the challenges of the increased cost of living against the backdrop of a looming recession.