All Home & DIY articles – Page 253
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NewsMay food inflation falls to lowest level this year
Shop price inflation growth has slowed to 1.3 per cent in May, from 1.4 per cent in April.
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NewsKingfisher profits soar 38.5 per cent in first quarter
Kingfisher’s retail profit surged 38.5 per cent to £128m in the 13 weeks to May 2, beating expectations as seasonal products and favourable weather lifted sales.
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NewsLaura Ashley enjoys sales lift
Laura Ashley has reported a like-for-like sales uplift of 6.9 per cent in the 17 weeks to May 30.
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NewsWales and Southwest footfall shows sharpest decline
Wales and the Southwest have experienced the biggest fall in footfall numbers in the UK.
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NewsRecession has 'dramatically' changed spending habits
The recession has caused “dramatic” changes in the way consumers spend their money, according to Experian’s Insight Report.
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Homebase focuses on loyalty to beat recession
DIY retailer Homebase has experienced a pick up in trade thanks to the good weather as it focuses on customer loyalty in the downturn.
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NewsRetail sales fall in year to May
Retail sales fell again in the year to May after remaining broadly flat in April.
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NewsCustomer ratings to be pooled across appliance retailers’ sites
Appliance e-tailer DRL plans to pool customer ratings and reviews from its own websites and white-label sites it runs for other retailers including Boots.
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NewsTopps Tiles pre-tax profits slump, but stay ahead of expectations
Pre-tax profits at Topps Tiles have slumped from £17.6m to £7.5m in the 26 weeks to March 28, although the figure exceeds analysts’ forecasts.
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NewsB&Q takes on Argos and Ikea with furniture launch
B&Q is to go head to head with Argos and Ikea by stocking sofas and other furniture for the first time.
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NewsJohn Lewis unveils new home store format name
John Lewis has revealed that the name of its new format home and electricals store will be ‘John Lewis at home’.
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News£3.9bn opportunity for survivors of the downturn
Retailers who survive the downturn could pick up £3.9bn of business over the next few years.
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NewsHouse of Fraser launches designer-inspired collections in Linea range
The department store group has launched designer-inspired collections for its Linea range as it aims to drive sales from the own-label.
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NewsIkea exercises caution as furniture market toughens
Ikea group president and chief executive Anders Dahlvig has offered some words of warning for retailers in the Western world.
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NewsHeal’s drives e-tail sales after site relaunch
Upmarket furniture retailer Heal’s expects its website to account for up to 16 per cent of its sales after relaunching the site.
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NewsCautious brokers upgrade Kingfisher on Q1 prospects
Brokers have increased profit forecasts for DIY giant Kingfisher in expectation of a good first quarter but remain cautious about longer- term prospects.
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NewsClothing retailers benefit from April sales rise
Retail sales rose 3 per cent in value year on year during April and 2.6 per cent by volume, ONS data showed.
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NewsTK Maxx first quarter profits rise
TJX Companies, the US parent company behind discount designer TK Maxx in the UK and Europe, has notched up record growth in its first quarter and revealed that profits at the European division have soared.
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NewsLondon sales helped by warm weather
London sales have continued to grow ahead of the rest of the country with retail sales up 5.4 per cent in April, according to the BRC-KPMG London Retail Sales monitor.
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NewsONS admits it has overstated sales volumes
The Office for National Statistics is to revise the way it calculates its much criticised official retail sales figures.The Government’s official statistical body said the net impact of the changes will be to revise down its estimates of sales volumes. There will be no impact on the assessment of sales ...