All Home & DIY articles – Page 230
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NewsB&Q suffers second quarter sales fall
DIY group Kingfisher suffered a sales decline at its UK arm in the second quarter as shoppers avoided big-ticket purchases.
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Massmart to acquire Pupkewitz Megabuild
South Africa-based Massmart has announced the acquisition of Namibian DIY retailer Pupkewitz Megabuild for an undisclosed price. The deal, which is part of Massmart’s ambition to expand further into Africa, has been approved by Namibia’s competition authorities. Pupkewitz Megabuild operates 16 stores, employing 600 staff.
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NewsTrinity Leeds work to resume in August
Shopping centre Trinity Leeds has been given the go ahead by developers Land Securites, which has said it expects work to resume on site next month, in preparation for opening in spring 2013.
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NewsMarks & Spencer unveils flagship Bradford distribution centre
Marks & Spencer officially opens a 1.1m sq ft state-of-the-art distribution centre in Bradford today in a key step in its Project 2020 business improvement programme.
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NewsBrightHouse full year like-for-likes grow 10.7%
BrightHouse has had another strong year of growth, with like-for-likes increasing 10.7% in the year to March 31.
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NewsJohn Lewis weekly sales rise 9.1%
Sales at department store chain John Lewis rose 9.1% last week to £59.2m as the retailer’s Sale drew shoppers.
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NewsGrowth will be hard to maintain, says Dunelm
Value homewares retailer Dunelm has warned of toughening trading conditions, despite the likelihood that operating profits this year will be just ahead of expectations.
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NewsDreams expects to continue its rapid growth as more rivals fail
Bed specialist Dreams is set to notch up double-digit revenue growth this year on the back of its record year in 2009, but the retailer predicts more of its rivals will hit trouble.
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NewsTopps Tiles Q3 sales improve
Topps Tiles like-for-like sales decline has softened to -1.2% in the 13 weeks to July 3.
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NewsOka halves full year losses
Furniture and homewares retailer Oka has halved its operating losses from £568,425 to £257,186 in the year to December 31.
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NewsDunelm grows revenue but remains cautious on outlook
Dunelm like-for-likes grew 8% in the year to July 3 and the retailer expects full year operating profit to come in “a little ahead” of market expectations.
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NewsWorld Cup and sunny weather lifts retail sales in June
Retail sales grew 1.2% in June on a like-for-like basis with retailers benefitting from the hotter weather and the start of the World Cup.
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NewsJohn Lewis sales benefit from England’s World Cup exit
England’s exit from the World Cup is helping sales at department store chain John Lewis, which rose 11.4% last week to £67m.
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NewsTopps Tiles is ‘good recovery story’
A Topps Tiles analysts’ trip last week helped convince the City that the retailer is a “good recovery story”.
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NewsThree-quarters of Focus stores could be downsized
Focus DIY has revealed a 17% uplift in full-year EBITDA as it lays out plans for further stores in its new compact format.
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NewsWickes revenue up 2.1% as it outperforms market
DIY retailer Wickes made market share gains in the 26 weeks to June 30.
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Harvey Norman acquires rival Clive Peeters
Electricals retailer Harvey Norman has announced that it has bought competitor Clive Peeters following its entry into voluntary administration after a difficult trading period.The company paid A$55m (£30.4m) for the 38 operating Clive Peeters and Rick Hart shops.The deal is expected to add between Aus$300 and Aus$400m (£166.1 and £221.5m) ...