All Home & DIY articles – Page 247
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NewsFloors-2-Go seeks new investment to fund expansion
Floors-2-Go is close to securing new investment, and is thought to be looking to acquire up to £5m to fund expansion.
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NewsDwell hires chairman as it eyes Habitat acquisition
Mid-market furniture retailer Dwell has made Neil McCausland chairman and is considering bidding for all or parts of Habitat if it is put up for sale by Ikea owner ICAF Antillen.
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Analysis
Is furniture getting back on its feet?
Furniture retailers may no longer be dropping like flies, but that doesn’t mean the sector’s troubles are over just yet. Nicola Harrison reports.
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NewsFlying Brands sales flourish in third quarter
Strong sales at Flying Brands’ gardening business helped keep revenues at the home shopping group in line with expectations in the three months to October 2.
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NewsKingfisher creates innovation role to hold on to market leadership
B&Q owner Kingfisher has created a role of group innovation director to ensure it remains at the cutting edge of retail.
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NewsB&Q launches string of green initiatives
B&Q is launching a raft of new green initiatives including shop-within-shops and eco-advisors in stores.
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NewsHome Retail Group reveals better than expected first half
Home Retail Group has revealed better than expected trading in the first half as it makes market share advances at both Argos and Homebase.
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NewsKingfisher writes to landlords to secure better terms
B&Q owner Kingfisher has written to landlords demanding similar concessions to those offered to its rival Focus as a result of its Company Voluntary Agreement.
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NewsHabitat may be sold after advisors brought in
Habitat’s Swedish owner has begun a strategic review of the furniture retailer which may lead to a sale of the business.
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NewsJohn Lewis sales up 13%
Total sales at John Lewis grew 13.3% on last year for the week to October 10.
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NewsM&S reveals homewares and online food ambitions at investor day
Marks & Spencer general merchandise director Kate Bostock has identified homewares as a “huge opportunity” for the retailer, which intends to carve out a market leading position in the category.
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NewsHomebase launches ‘biggest ever’ home and garden consumer survey
DIY retailer Homebase has launched what it calls Britain’s “Biggest Home and Garden survey” as it seeks to determine the public’s tastes when it comes to the home.
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OpinionB&Q property deal shows the way
B&Q’s rent renegotiation with British Land is a grown-up way for retailers and landlords to face up to the downturn.
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NewsRetail sales grow in September
UK retail sales grew 2.8% in September on a like-for-like basis, according to the BRC-KPMG Retail Sales Monitor.
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NewsB&Q wins landlord concession to cut rent on seven larger stores
B&Q has secured a 10% reduction in rents for seven of its warehouse-format stores in a deal with landlord British Land.
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NewsHabitat chief puts date on profitability return
New Habitat chief executive Mark Saunders expects to return the furniture and homewares chain to profitability within three years.
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GalleryStore of the week: Estella Cologne, Germany
This is Estella – a name that will be almost totally unfamiliar to British ears as it is a fledgling retailer that has just opened its first store, in Cologne.
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NewsHalfords like-for-likes up 2.2%
Halfords has reported like-for-like sales are up 2.2% in its second quarter and said it is confident it will deliver further profit growth in the second quarter.
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NewsDunelm founder sells 8% stake
Updated: Dunelm founder and life president Bill Adderley has sold a 7.8% stake in the company.