All Home & DIY articles – Page 246
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NewsCarpetright's Lord Harris confident that trading conditions are improving
Carpetright chairman and chief executive Lord Harris has reaffirmed his belief that trading conditions are improving.
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NewsCash focus keeps Home Retail profitability on track
Home Retail Group has revealed better-than-expected second-quarter sales at Argos and Homebase.
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NewsSales success for Laura Ashley
Laura Ashley has reported a 6.3% gain in half-year group sales to £127.8m, with increases across all product categories.
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News‘Recovery hopes premature’ as August UK retail sales fall
UK retail like-for-like sales fell 0.1% in August as shoppers stayed away from the high street due to very wet weather, casting doubt on early economic recovery hopes.
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NewsKingfisher forced to reveal profits
B&Q owner Kingfisher has revealed adjusted pre-tax profits for the six months to August 1 will be between £285m and £290m.
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NewsHomewares sales recovery sustained in August
An improvement in homewares sales in July carried through into August, the BDO Stoy Hayward High Street Sales Tracker showed.
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News
Ikea intends to resume planning for expansion in Russia
Furniture giant Ikea has said that it intends to resume planning for expansion in Russia. The change of heart comes after the retailer won a two-year bureaucratic battle to open a mall in the southern city of Samara.Head of Ikea Russia Per Kaufmann believes that the main stumbling blocks are ...
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NewsÇilek to open third UK store
Turkish bespoke children’s bedroom furniture and accessories retailer Çilek is to open its third UK store as it sets out expansion plans for the UK.
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NewsBlinding light bulb sales as ban sparks hoarding
Sales of incandescent light bulbs have shot through the roof as shoppers stock up in the wake of the European ban, brightening up DIY retailers’ trade.
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News
Woolworths-Lowe’s deal signals lift for Australia
Woolworths Australia this week announced plans to move into the DIY sector with a joint venture with Lowe’s, America’s second-largest home improvement chain.
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NewsMore retailers expected to go bust in 2010
The number of retail businesses going bust is set to continue next year as rising unemployment is expected to continue to impact consumer spending.
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NewsFocus’s CVA dashes rivals’ hopes of market share gains
The success of Focus DIY’s CVA has quashed competitors’ hopes that capacity would be taken out of the DIY market.
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AnalysisBill Grimsey is driven by turning around the fortunes of ailing retailers
As the Focus DIY boss successfully pulls off a CVA for his struggling business, he tells Nicola Harrison why he’s so driven by turning around ailing retailers
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NewsSales declines set to continue
Sales across the high street fell for the fourth consecutive month in the year to August, according to figures from the CBI.
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NewsMydeco gets great response from early bird emails
Homewares shopping site Mydeco has introduced a second weekly e-mail newsletter to a proportion of its user base offering early access to special deals and exclusive offers.
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NewsLowe’s makes first international move with Woolworths Australia
Lowe’s, America’s second biggest DIY chain, is making its first international move through a joint venture with Australia’s Woolworths.
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NewsFocus wins backing for CVA
The future of embattled DIY group Focus has been secured after creditors today supported a proposal for a company voluntary arrangement (CVA).
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NewsConsumer loyalty to own-brand products here to stay
The growth in sales of retailers’ own-brand products is likely to slow although the shift in loyalty away from branded lines is permanent, according to retail consultancy Verdict Research.
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OpinionRubbish service means a rubbish store
Everybody knows that good store design is really only a starting point. If a walk through the doors means entering a slapdash operational environment where stock, staff and service all militate against getting what you want or need, then the design effort has been utterly wasted.
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NewsJohn Lewis fashion holds out amid sales dip
John Lewis sales fell 1.4% in the week to August 15 with fashion showing resilience despite the good weather keeping shoppers out of the stores for a large part of the week.While fashion remained flat, the decline in sales of beds, bedroom furniture and white goods showed signs of slowing.The ...