All Home & DIY articles – Page 239
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News
Lowe’s opens first store in Mexico
US-based home improvement chain Lowe’s has opened its first store in Mexico, in the northern industrial city of Monterrey.The retailer has made a $100m (£61.6m) investment in the Latin American country and plans to open five stores in the Monterrey area over the next few years.
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News
Lakeland plans website revamp to aid expansion
Kitchen and homewares specialist Lakeland intends to relaunch its website this year as it lays out plans for expansion in the UK and the Middle East.
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News
HobbyCraft top target on Halfords acquisition list
A raft of potential buyers are circling HobbyCraft, including cycling and motoring accessories specialist Halfords and private equity house Isis, ahead of a February 26 deadline for first-round bids.
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OpinionWhen good news is bad news
Croydon has been waiting years for the arrival of John Lewis. The fact it’s going out of town is a hammer blow to the town centre.
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NewsJohn Lewis to invest a further £7.5m in home format
John Lewis will open its second home store, John Lewis at home, in Croydon in the autumn and has committed to investing a further £7.5m in the format.
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NewsFocus DIY asks for rent holiday as snow hits sales
Focus DIY has asked landlords for a rent holiday as the snow last month hit sales.
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NewsSales growth slows to 15-year low in January as snow hits trade
Bad weather brought sales growth on the high street to a 15-year low in January down 0.7% on a like-for-like basis.
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OpinionHot off the press
Heals celebrated its bicentennial by turning over its windows to students from the nearby Slade school of art. And it was the most interesting thing on Tottenham Court Road for some time.
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NewsDebenhams’ Rob Templeman linked to bid for DFS
Debenhams chief executive Rob Templeman is said to be considering a tie-up with private equity firm Cinven to mount a £500m bid for furniture group DFS.
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NewsH&M moves in on homewares
Swedish fashion giant to bring its Home offer to the UK, going head to head with Zara and Next
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NewsHomebase takes on DIY rivals with revamped value offering
DIY retailer Homebase has this week launched a revamped budget range as it seeks to drive sales in the difficult economic climate.
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AnalysisDFS: Sofa, so good
He may now be thinking about succession and selling the business, but Lord Kirkham does not intend to put his feet up yet. He tells Nicola Harrison about his plans to pass the £1bn sales barrier
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NewsSnow dampens Carpetright’s third quarter
Carpetright’s group sales rose 7% in the 13 weeks to January 30, but the UK performance was weaker than expected because of the snow.
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News
Asos co-founder tries hand at private sales
Asos co-founder Quentin Griffiths has this week launched a private sales site for luxury brands ranging from homewares to toys.
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NewsShop price inflation up 2.3% in January
Shop price inflation was slower than expected in January, rising 2.3% as many retailers held off passing on the VAT rise that came into effect at the start of the year.
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NewsSnow hits Carpetright sales
Carpetright group sales grew 7% in the 13 weeks to January 30 as snow last month hit sales.
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Opinion
Sofa so good
Our good friend and columnist Lord Kirkham is trying to sell DFS and yesterday’s Sunday Times reported that John Lovering had joined forces with Permira for a £500m bid for the company. I haven’t quite got to the bottom of why buying it for £500m would trigger a big windfall for Kirkham, as that’s pretty much exactly what he paid for it when he took it private in 2004, but there must be an explanation - we’ll try to find out this week.
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NewsJohn Lovering to make bid for DFS
Veteran retailer John Lovering has teamed up with private equity firm Permira to put together a deal for furniture retailer DFS valued at more than £500m.
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NewsB&Q embroiled in row as Titchmarsh fronts campaign
B&Q has been drawn into a row after hiring gardening expert Alan Titchmarsh after some critics argued BBC presenters must be impartial.