All Home & DIY articles – Page 257
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News
Dreams defies furniture sector gloom with 18% jump in profits
Bed specialist Dreams has triumphed over grim furniture retail conditions by revealing an 18 per cent hike in operating profits to £14.4m in the year to December 25.Dreams said it was able to lift profits as a result of driving “significant economies of scale, despite the rising fuel and steel ...
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News
New Waterford Wedgwood owner to invest €100m
The new owners of crockery and glassware company Waterford Wedgwood will pump €100m ( 92.5m) into the business and embark on an aggressive growth strategy.
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News
Bid talk lifts Topps Tiles shares ahead of update
Topps Tiles’ share price climbed last week as bid speculation swirled around the retailer.
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News
Operating in a downturn: strategies for success
It’s not all doom and gloom. The big hitters had lots of practical insight into surviving the crunch at this year’s Retail Week Conference. We summarise some of the hot topics discussed at the event
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News
The Q in B&Q: Founder visits New Malden eco-store
David Quayle, one of the B&Q founders and the man behind the Q in the retailer’s name, visited the eco-friendly New Malden store last week with chief executive Euan Sutherland as the business celebrates its 40th anniversary
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News
B&Q website to take advantage of ‘world-class’ Screwfix fulfilment
B&Q and its sister brand Screwfix are sharing fulfilment capabilities as parent company Kingfisher seeks to expand its UK trade business and find synergies between the two businesses.
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News
Carpetright likely to retain top spot
What does the acquisition of Allied Carpets by investment fund Sigma mean for Carpetright, the quoted player?
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AnalysisAt home with M&S
M&S’s latest Home store, in Cardiff, has moved the format on and even added food to help drive precious footfall.
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News
February sales volume growth slows
The volume of retail sales in February was 0.4 per cent higher than last year, showing the lowest growth rate since September 1995.
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News
Kingfisher profits tumble
Kingfisher pre-tax profits plummeted 75 per cent after being hit by a poor performance in China and the closure of its Trade Depot chain in the UK.
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News
Topps Tiles like-for-likes continue to decline
Topps Tiles expects to report an 18 per cent slump in like-for-like sales for the 26 weeks to March 28.
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News
Jessops says it will pay quarterly rent bill
Jessops has said it will have no problem meeting its quarterly rent bill that is due this week after speculation cast doubt on the retailer’s ability to pay.
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News
Rotherham council to support retail rent payments
A scheme to encourage retailers to take space in Rotherham has been launched enabling new businesses to have part of their rent paid by the council.
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News
Pension funds pile pressure on M&S over Sir Stuart Rose's power
Further pressure is being piled on M&S to reduce Sir Stuart Rose’s power as chairman and chief executive of the retailer – this time by the National Association of Pension Funds.
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News
Laura Ashley suffers profits dive
Pre-tax profits at Laura Ashley almost halved to £10.2m in its full year to January 31 but group sales grew 9.6 per cent to £207m.
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News
Allied Carpets rescued by investment fund
Allied Carpets has been acquired for an undisclosed sum by an offshore investment fund backed by US investors.
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Opinion
So what is a great retail brand?
Today sees the publication of a survey that purports to reveal “The Best Retail Brands”. Assembled by branding consultancy Interbrand, the top five European players, perhaps unsurprisingly, are H&M, Carrefour, Ikea, Tesco and Zara, in that order.
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News
Lombok lightens up with new collection
Upmarket furniture and homewares retailer Lombok has launched its first range of light wood furniture as it seeks to attract a wider audience.
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News
Homebase joins Nectar with plans to up marketing
Homebase is ramping up its direct marketing as it becomes the first DIY chain to join loyalty programme Nectar.