All Home & DIY articles – Page 233
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NewsHabitat hires Phil Wrigley as executive chairman
Furniture chain Habitat has appointed former New Look boss Phil Wrigley as executive chairman.
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NewsLaura Ashley to hit full year expectations as sales grow
Laura Ashley has said that full year trading will be in line with expectations as it revealed a like-for-like sales hike of 5.3% in the 17 weeks to May 29.
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NewsHomeSense reveals large format and website plans
Off-price furniture retailer HomeSense, the sister brand of TK Maxx, has opened a new-model, larger-format store in Merry Hill as it gears up to launch its first transactional website.
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AnalysisFlower power
Canny operators are turning the humble garden centre into an anchor for retail schemes. Mark Faithfull unearths some trailblazing examples
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AnalysisWhat it’s like to work at Dreams
The inside view from Dreams resources director Suzanne Taylor
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NewsWorld Cup no open goal for retailers in tough climate
Lower footfall and margin impact from promotions will create fiercely competitive trading conditions
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NewsFloors-2-Go and Topps Tiles in dispute over email allegations
Topps Tiles has become embroiled in a row with floorings retailer Floors-2-Go over allegations that an email was circulated by a Topps employee making allegations about Floors-2-Go’s performance.
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Costco Q3 sales up 12%
Costco has reported $17.4bn (£11.93bn) net sales for the third quarter, a 12% year-on-year increase.The results were driven by increased sales of fresh foods, clothing and homewares. Comparable sales for the quarter grew 10%, with a 6% rise at US stores and a 26% rise overseas. In constant currency terms ...
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Hornback full-year sales rise 3.7%
DIY retailer Hornbach has released its financial results for the year ended February 28, when sales rose 3.7% to €2.85bn (£2.42bn). EBIT fell 15.4% to €151.5m (£128.5m).In Germany, store sales increased 2.8%, and 1.8% on a like-for-like basis. Meanwhile, Hornbach’s international division grew 4.2%, although like-for-like sales contracted by 0.9%. ...
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NewsSelf-help measures drive Kingfisher quarterly profits rise
Improved gross margin and cost productivity helped DIY giant Kingfisher post a rise in first quarter profits despite a like-for-like sales fall.
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NewsTopps Tiles profit falls in first half
Topps Tiles adjusted profit before tax and discontinued operations fell from £8.7m to £7.8m in the 27 weeks to April 3 as consumer confidence remains subdued.
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NewsDemand for warm weather product lifts John Lewis sales
Warm weather helped increase sales at department store chain John Lewis and grocery stablemate Waitrose last week.
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NewsKingfisher and Topps Tiles updates won’t lift home sector gloom
Updates from Kingfisher and Topps Tiles next week are expected to paint a subdued picture of the home sector’s performance.
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NewsKütchenhaus steps up expansion trail
German kitchen specialist Kütchenhaus is on the expansion trail with plans to open up to seven stores in the next 12 months.
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NewsTopps Tiles invests in ads and website
Topps Tiles has made a “substantial investment” to bolster its marketing presence, revamping its website and resuming TV advertising after dropping it during the downturn.
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OpinionWho said anything about retiring?
Selling DFS might have been a surprise, but there’s plenty more to do yet, says Lord Kirkham
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NewsPeter Ruis appointed buying and brand director at John Lewis
John Lewis buying director of fashion Peter Ruis has been promoted to buying and brand director.
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News
Woolworths aquires hardware businesses
Woolworths has acquired Gunns Retail Division in Tasmania and, in a separate arrangement, the Becks Timber & Hardware business.The Gunns acquisition includes five hardware stores in Tasmania, one timber joinery centre, one truss manufacturing plant and a support office.The move is part of the joint venture between Woolworths and US ...
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No rush to sell PPR retail operations
According to chief executive François-Henri Pinault, PPR isn’t in a hurry to sell off its retail operations — entertainment and electronics retailer Fnac, household goods retailer Conforama and mail order specialist Redcats.He said: “I will take the time that is necessary to sell off our operations at good conditions.” When ...