All Home & DIY articles – Page 259
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OpinionCarpetright on solid ground
The latest BRC retail sales figures showed that while some sectors were up after several months of poor trade, the furniture and floor coverings sector worsened. But next week we may well see one retailer faring better than most in its sector – Carpetright.
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News
Tengelmann to relaunch online store Plus
Grocer Tengelmann plans to relaunch its non-food online store Plus later this year, according to reports. The project will extend the online shop’s product range to around 10,000 items by the end of this year.New product ranges will include electronics, DIY and furniture. The site will also feature innovations such ...
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News
B&Q awards £9m of shares to staff
B&Q is awarding £9m of shares in parent company Kingfisher to more than 300 store managers in order to maintain high store operating standards.
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NewsLondon like-for-likes climb 5.1 per cent
London retail sales grew 5.1 per cent on a like-for-like basis in March, outperforming the UK as a whole which declined 1.2 per cent.The British Retail Consortium-KPMG figures show like-for-likes grew 5.8 per cent in January to March, while UK like-for-likes dropped 0.7 per cent.The BRC said comparisons were difficult ...
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NewsBRC demands credit insurance redress at Budget
Half of large retailers say the reduction or withdrawal of trade credit insurance has undermined their ability to trade.According to the British Retail Consortium’s Credit Conditions Survey, 40 per cent of small and medium-sized retailers also say the reduction or withdrawal has undermined their position.Two thirds of larger retailers believe ...
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NewsRobert Dyas sets out plans after buyout
Hardware chain Robert Dyas has laid out a three-year strategy to revitalise the business after completing a management buyout last week.Chief executive Steve Round, along with turnaround specialist and new non-executive chairman Ian Gray, now wholly own the business after buying out private equity firm Change Capital.The three-year plan includes ...
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NewsDwell seeks foothold in concessions arena
Mid-market furniture chain Dwell is opening department store concessions for the first time as it seeks to widen its appeal.The retailer opened its first concession in Selfridges on London’s Oxford Street this week, taking a 4,000 sq ft space, and is in talks to open in House of Fraser at ...
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News
Clouds lift as steady first quarter cheers retail industry
Mood of cautious optimism emerges that trading conditions are starting to stabilise
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NewsLakeland unveils a new-look store design
Homewares retailer Lakeland has unveiled a new-look store design with the opening of its Durham shop.The 5,000 sq ft shop, which opened last week, features a demonstration kitchen to promote the retailer’s recently-launched own-brand electricals range, alongside an area to showcase kitchen essentials.The centrepiece of ...
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OpinionKingfisher well placed for future
This year Easter is just one battle in a longer war of attrition between the DIY groups that many believe will end in consolidation.
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NewsPerfectHome accelerates expansion
Rent-to-buy specialist PerfectHome is ramping up its store expansion as cash-strapped shoppers drive sales.
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News
DIY chains prepare Easter ad campaigns
DIY retailers are gearing up for the crucial Easter trading period with a series of high-profile marketing campaigns, but trade could be hit by changeable weather.
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NewsCargo to open garden centre concessions
Furniture and homewares retailer Cargo will this week launch its first concession in a garden centre as it seeks to widen its appeal.
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NewsDunelm’s strengths are in the price
Value homewares specialist Dunelm has been a favourite in the downturn. Investors like its low-ticket offer and the retailer expects to land good property deals as a result of others’ struggles, aiding expansion.On Monday, UBS downgraded Dunelm from buy to neutral, because Dunelm’s shares had performed so well rather than ...
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AnalysisWhat are you doing on Twitter?
The micro-blogging website is this year’s internet phenomenon, so can Twitter form part of a serious marketing and customer insight strategy for retailers? Joanna Perry investigates
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NewsRobert Dyas completes management buyout
Hardware retailer Robert Dyas has completed its management buyout.The retailer, which said the deal is “fully supported” by its banks, said it will now be able to “build on its recent excellent trading performance while safeguarding the future of its employees and stores across the South of England”. Chief ...
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News
B&Q to personalise marketing
B&Q is to introduce more personalised marketing to customers in the second half of this year to better target specific segments such as older shoppers and trade customers.The DIY retailer has been analysing customer data using things like its Trade Discount Card, to work out how different customer segments behave, ...
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NewsHalf of Brits fear losing their jobs, according to Asda survey
Half the population fear losing their jobs during the next six months and two thirds would be prepared to take a pay cut or a reduction in hours to avoid being made redundant, according to an Asda survey.The survey of 1,000 people also found that half expect their pay to ...
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NewsRobert Dyas pays owners £2.75m
Robert Dyas has paid its private equity owners Change Capital £2.75m in fees for ‘strategic’ advice, according to The Daily Telegraph.It comes as the management team of the troubled retailer, led by chief executive Steve Round, is trying to secure a management buy-out of the company, which would, in effect, ...