All Home & DIY articles – Page 239
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NewsCentral London retail sales up 9.9% in February
Central London retail sales in February were 9.9% higher on a like-for-like basis than a year ago according to British Retail Consortium figures, suggesting that low January sales were a blip caused by the snowy weather.
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NewsB&Q ads challenge Homebase on price
B&Q has fired the first salvo in what could be a savage price war in the DIY sector as the home improvement giant takes aim at rival Homebase.
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NewsLosses widen at Jysk despite strong sales
Danish furniture retailer Jysk’s UK operation has reported strong sales in its full-year accounts, although losses widened as start-up costs hit its bottom line.
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NewsRetail sales ahead 2.2% in February
UK retail sales grew 2.2% on a like-for-like basis in February, according to the British Retail Consortium (BRC).
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NewsDFS set to be sold within days
Sofa giant DFS is poised to be sold for more than £500m before the end of next week.
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NewsHomebase unveils networking website
Homebase has launched a social networking site to promote its gardening credentials.
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NewsRWC2010: Carpetright’s Lord Harris warns 2010 will be tougher than last year
Carpetright founder and chairman Lord Harris believes 2010 could shape up to be tougher for retailers than 2009.
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Heal’s in talks to shutter ailing Manchester store
Upmarket furniture retailer Heal’s is in negotiations with the landlord of its Manchester store to exit the site, after disappointing sales and a decision to focus more on its online arm.
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Dunelm eyes expansion as profit and sales impress City
Dunelm’s pre-tax profits rocketed 69.3% to £46.2m in the 26 weeks to January 2 and the retailer is to double the size of its warehouse to support future expansion.
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RWC2010: Focus chief Bill Grimsey defends CVAs
Focus chief executive Bill Grimsey has defended Company Voluntary Arrangements in a presentation at the Retail Week Conference.
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Ikea to launch first Latin American store
Ikea has opened its first store in Latin America. The store is located on a 753,500 sq ft plot in the Dominican Republic’s capital Santo Domingo.The store cost $85m (£54.5m) to build and will provide as many as 2,500 direct and indirect jobs.
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NewsKingfisher to beat forecasts despite sales dip
DIY giant Kingfisher reported a like-for-like drop of 3% in constant currency in the 13 weeks to January 30 but the retailer still expects to beat profit forecasts. Group revenue decreased 1.6% to £2.3bn.
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NewsCarpetright targets Europe and high street for expansion
Flooring specialist strives for ‘service like Sainsbury’s and value of Tesco’ as it ramps up growth
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Tile Depot gears up for expansion with team rejig
Tile specialist Tile Depot has revealed expansion plans as it reshuffles its management team.
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NewsTesco fires up Dobbies
Tesco-owned garden centre chain Dobbies is to unveil a new model store next week as part of ambitious plans to quadruple its number of shops to 100 over the next 10 years.
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NewsDwell guns for growth in tenants’ market
Mid-market furniture retailer Dwell has laid out plans to reach up to 60 stores and 20 concessions in the next five years.
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NewsLombok eyes growth as sales start to revive
Lombok has recorded like-for-like sales up “single digits” since the start of 2010, after being bought out of pre-pack administration last year.
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NewsMixed start for Wickes as full-year profits rocket but like-for-likes slip
DIY retailer Wickes experienced a 2.4% decline in like-for-likes in the seven weeks to February 20, but full-year profits soared as the chain grew its market share.
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NewsDunelm’s value proposition drives growth
Dunelm has reported like-for-like sales up 15.4% in its interim results, bolstered by its “simply value for money” proposition.
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NewsEthel Austin and Au Naturale to shut 114 stores and make 1,048 redundancies
The administrators of value clothing chain Ethel Austin and sister homewares retailer Au Naturale have confirmed the closure of 114 stores and 1,048 redundancies.