All Home & DIY articles – Page 248
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News
Robert Dyas plunges into red with £10m loss
Hardware chain Robert Dyas has plunged into the red, posting a pre-tax loss of £10.4m for the year to March 28.
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AnalysisLowe’s curtails expansion as it braces for tough 2010
DIY retailer Lowe’s has followed in the footsteps of rival Home Depot by scaling back its expansion plans.
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News
ScS ramps up advertising to woo shoppers
Sofa retailer ScS has increased its marketing with an ad campaign offering sofas for £10 a month, and upped its ad spend by 25% year on year.
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NewsWickes sales boosted by showroom ranges
DIY retailer Wickes’ like for likes rose 0.7% in the 39 weeks to September 26.
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NewsHabitat takes store at Liverpool One
Furniture and homewares retailer Habitat has signed for a store in shopping centre Liverpool One.
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NewsLaura Ashley finance chief quits
Laura Ashley has said its chief financial officer and company secretary is to resign from the furniture and homeware retailer for personal reasons.
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NewsB&Q tests new trade offer
B&Q is trialling an in-store trade offer called Trade Point in four stores as it seeks to maximise synergies with sister chain Screwfix.
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NewsHabitat launches Europe marketing capaign with Helena Christensen
Furniture and homewares retailer Habitat is launching a marketing campaign across Europe featuring supermodel Helena Christensen.
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NewsB&Q launches £20m price offensive
DIY giant B&Q has announced what it described as its biggest-ever Autumn price investment.
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NewsCBI: UK economy to emerge from recession in Q3
The UK economy is expected to emerge from recession through modest growth in the third and fourth quarters of this year, but constraints on demand will mean that growth in 2010 is fragile, according the CBI.
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NewsTopps Tiles confirms profit outlook and sees signs of stability
Specialist retailer Topps Tiles expects to report operating profit of between £10.5m and £14m – the range of analysts’ expectations – when it delivers full year results in November.
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NewsOka climbs into the black
Furniture and interiors retailer Oka recorded EBITDA of £53,000 in the calendar year to December 31, 2008, compared with a loss of £1.03m the year before.
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NewsDunelm to double openings in 2010 but remains cautious
Dunelm chief executive Will Adderley said the value homewares retailer intends to double store openings over the next year compared with last.
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NewsSigns of improvement for big-ticket retailers
There were indications of improved prospects among hard-pressed big-ticket retailers as Home Retail Group and Kesa issued updates and Carpetright held its AGM.
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NewsFurniture Village profits hit by crunch
For the year to March 29, profit before interest and tax was £2.4m, down from £7.1m a year earlier, when the retailer recorded its best-ever profit. Total sales fell 9.4% from the previous year to £162m, and like-for-likes were down 12.4%.
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GalleryPutting on the style at Homebase
Homebase has been working hard to improve the interior of its stores. John Ryan visits Basingstoke to see the latest stage in its design journey
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NewsKingfisher preview sparks upgrades
Kingfisher was scheduled to issue its interims as Retail Week went to press, but the headline numbers were already known following last week’s administrative slip-up.
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NewsLakeland profits tumble in tough market
Lakeland, the kitchen and homewares specialist, famous for its innovative gadgets, suffered a profits fall last year as the shock of Lehman Brothers’ demise holed consumer sentiment.
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NewsKingfisher profits climb
B&Q owner Kingfisher reported that measures to improve its UK and Ireland business were paying off after it reported a 35% rise in half-year profits.
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NewsDunelm sales recovery in the second half
Value homewares retailer Dunelm has reported pre-tax profit is up 6.8% to £52.5m in its full year results, helped by a strong sales recovery in the second half.