All Home & DIY articles – Page 264
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Allied Carpets in sale talks with Hilco
Allied Carpets has held preliminary talks with restructuring specialist Hilco over a potential sale.
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B&Q pulls Olympics sponsorship
DIY retailer B&Q has terminated its sponsorship deal with the British Olympic Association because of the global economic downturn.
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Topps Tiles like-for-likes plummet
Topps Tiles’ like-for-likes plummeted 18.1 per cent in the 13 weeks to September 28, 2008.
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Habitat appoints group chief executive
Levi Strauss Europe vice president of retail Mark Saunders has been appointed chief executive of Habitat.
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Land of Leather suspends shares
Land of Leather has suspended its shares on the London Stock Exchange.
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Retailers to press ahead with global plans despite downturn
Retailers are set to plough on with international expansion in 2009, despite being forced to curtail some plans in order to make short-term cost savings, according to retail experts.
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Dunelm still confident despite turmoil in homewares sector
Homewares retailer Dunelm posted a 5.6 per cent drop in like-for-like sales for the 26 weeks to December 27 but insisted it is in “very robust shape” to weather the downturn.
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Sofa Workshop on brink of administration
Sofa Workshop is teetering on the brink of administration as it faces financial difficulties in the tough economic climate.
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Wyevale's Andrew Livingston to join Screwfix
Andrew Livingston is leaving Wyevale to join DIY chain Screwfix as its commercial director.
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Carpetright eyes up rivals
Carpetright has laid out medium term growth plans which will include acquisitions in a year’s time.
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Dunelm gains market share while like-for-likes drop
Homewares retailer Dunelm has revealed its like-for-likes dropped 5.6 per cent in the 26 weeks to December 27, 2008, and said it is in “very robust shape” to weather the downturn.
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Negative trading statements soar in fourth quarter
Stores unveiled a record number of negative trading updates during the the fourth quarter of 2008 – a figure that has only ever been equalled in the first quarter of 2005.
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Wedgwood falls into administration
Ceramics and crystal retailer and wholesaler Waterford Wedgwood has entered administration.
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Retail rents fall for first time in 15 years
Retail rents fell for the first time in 15 years in 2008 and are not expected to return to growth until 2013.
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M&S expected to report worst Christmas trading in a decade
The new year will bring little cheer for retailers with Marks & Spencer expected to report its worst Christmas trading performance in a decade.
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Tesco to launch £100 million sale on Boxing Day
Tesco is the latest in a long line of retailers to announce its biggest ever sale.
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Allied Carpets put up for sale
Allied Carpets has been put up for sale by its French owner, which is seeking an exit from the struggling UK high street.
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Retailers' pre-Christmas Sales to hit new record
Retailers will embark on the biggest ever pre-Christmas Sales drive from now until Christmas Eve in a last-ditch attempt to lure shoppers onto the high street.
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B&Q marketing director steps down amid board shake-up
B&Q marketing director Jo Kenrick is leaving at the end of this month as part of a restructure of the board.