All Home & DIY articles – Page 245
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NewsShowroom sales rocket at Wickes
DIY chain Wickes has generated strong sales growth in showroom categories and made market share gains, parent Travis Perkins revealed.
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NewsKingfisher appoints former global Ikea boss as non exec
Ikea’s former global chief executive Anders Dahlvig is to join DIY giant Kingfisher as a non-executive director.
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NewsScottish retail sales record worst decline in six months
Scottish retail sales fell 0.6% on a like-for-like basis in November, the worst decline since May.
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NewsLaura Ashley like-for-likes rise 4.9%
Homewares and womenswear retailer Laura Ashley expects full year trading to be broadly in line with company expectations after like-for-like sales rose 4.9% over the first 19 weeks of the second half to 12 December.
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NewsDunelm founder transfers 10% stake
Dunelm founder Bill Adderley has offloaded more shares in the family-run business, transferring around a 10% share of the retailer to his son and Dunelm chief executive Will.
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NewsCarpetright notches up best half-year performance in five years
Carpetright pre-tax profit grew 15.8% to £11m in the 26 weeks to October 31 as the domestic arm clocked up it strongest half year performance since 2004.
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NewsHabitat sold to Hilco
Habitat has been sold to Hilco in a deal that will see chief executive Mark Saunders remain in his position.
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NewsHilco-backed buyout on the cards at Habitat
The management of Habitat is understood to be close to securing a buyout of the furniture retailer.
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NewsCarpetright set for record UK sales
Floor coverings retailer Carpetright is expected to announce strong interim results on Tuesday following its most recent trading update for the 12 weeks ended October 24, which showed group sales up 10.3%, while like-for-like sales rose 5.6%.
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GallerySteamer Trading: A cook shop worth its salt
Kitchen retailer Steamer Trading has opened an architecturally bold store that is sure to impress. John Ryan gets a tour in historic Guildford.
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NewsVAT to return to 17.5% in January
Chancellor Alistair Darling has confirmed in his pre-budget report that VAT will return to 17.5% on January 1, 2010.
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NewsNatuzzi accused in price-fixing case
Upmarket furniture retailer Natuzzi has denied involvement in alleged price fixing, for which it has been reported to the Office of Fair Trading.
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AnalysisEuan Sutherland is making good headway at Kingfisher
Kingfisher’s turnaround is still a work in progress, but its UK chief executive is making good headway, says George MacDonald.
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NewsManagement and Hilco lead race to buy Habitat
Habitat could be sold as early as next week with its management and restructuring specialists Hilco reported to be the front runners to buy it.
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NewsDreams targets Yorkshire in store expansion
Dreams has embarked on an expansion plan to open 40 shops over the next two years.
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NewsFundraising to help Topps Tiles expansion
Topps Tiles will use funds raised from a proposed placing of 17.1 million shares, equivalent to 10% of its existing capital, to refocus on UK expansion as consumer confidence returns to the home sector.
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NewsGrocers’ non-food sales to increase 40% by 2014
Non-food sales from grocers are expected to increase by 40% to £16.2bn in 2014, representing nearly 10p in every pound spent in supermarkets.
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NewsTopps Tiles proposes share placing as profits fall
Topps Tiles has announced a proposed share placing as it reported adjusted full-year pre-tax profits of £16.3m, down from £29.5m the year before.
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News
Woolworths and Lowe’s win final approval to jointly set up hardware stores in Australia
Woolworths and Lowe’s, the US’s second largest home improvement chain, have won final approval to jointly set up big hardware stores in Australia, acquiring domestic hardware wholesaler Danks Holdings to act as their supplier.The Australian Competition and Consumer Commission said it allowed the takeover to go ahead after Woolworths and ...
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OpinionSocial commerce in practice
Retail Week yesterday hosted a webinar on social commerce that highlighted both how much retailers have to gain from engaging with their customers, but also the many questions they have concerning how they should go about it.