All Home & DIY articles – Page 240
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NewsGrow-your-own trend lifts gardening sector
The rising trend in growing your own produce, which heightened during the recession, has allowed gardening retailers to outperform the rest of the retail market.
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NewsB&Q ramps up its green credentials
B&Q will launch its first eco shop-in-shops at two of its biggest stores tomorrow (Friday).
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NewsPrivate equity firms confirm interest in DFS
Two private equity firms have reaffirmed their interest in buying sofa retailer DFS and a third is expected to do so, despite doubt about whether a sale will be concluded.
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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.