All Home & DIY articles – Page 265
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News
Hundreds of retailers poised to collapse next year
Hundreds of retailers will hit the buffers next year as the recession kicks in, according to a retail insolvency expert.
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News
MFI customers to get refund as all stores close
MFI customers with outstanding orders will get their money back after all stores were closed down on Friday.
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News
Mixed reports on crucial weekend trading
There have been mixed reports this morning about weekend trading that retailers hoped would bring a last minute Christmas rush onto the high street.
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News
Retail insolvency practice set for reform
Retail insolvency regulations will come into force next year, designed to stymie quick sales of retailers in administration.
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News
Laura Ashley reports slump in sales
Laura Ashley has reported UK like-for-like sales down 9.9 per cent as it suffers under “tough trading conditions”.
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Opinion
Wake up and smell the turkey
Things may be tough, but there’s plenty for retailers and consumers alike to be positive about.
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News
Furniture clearance player cashes in on sector gloom
Furniture clearance retailer Trade Secret has reported strong sales as shoppers seek to rein in spend and seek out bargains.
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News
Monthly rents demand as Carpetright struggles
Carpetright has revealed to Retail Week that it will only take on new stores from landlords that offer monthly rents.
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News
Strategic Retail chief rescues raft of stores
More than half of Strategic Retail’s stores have been bought out of administration by a non-executive director of the company.
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News
Casino's Cdiscount launches in the UK
French grocery giant Casino has launched its discount e-tail site Cdiscount in the UK, as exclusively predicted by Retail Week earlier this year.
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News
Retail sales volume up 0.3 per cent
Retail sales volume rose by an unexpected 0.3 per cent between October and November, according to the Office for National Statistics (ONS).
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News
Focus boss calls on Mandelson to back shift to monthly rents
Bill Grimsey, boss of DIY chain Focus, has written to Business Secretary Lord Mandelson to flag up the “heavy-handed” behaviour of landlords that refuse to grant retailers monthly rents.
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News
United Carpets like-for-likes rebound
United Carpets has revealed a slight improvement in like-for-likes in the past 11 weeks as the retailer experienced an upturn in consumer confidence.
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News
Tom Hunter rejects claims he will lose his stake in Wyevale
Wyevale Garden Centre’s biggest shareholder, Sir Tom Hunter, has insisted he is not about to lose the majority of his stake in the retailer.
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News
Carpetright profits plummet
Carpetright has issued a profit warning for the full year as it recorded a sharp fall in underlying first-half pre-tax profit of 67.6 per cent to 8.8 million in the 26 weeks to November 1.
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News
Kingfisher demands monthly rents for all retailers
Kingfisher, owner of the B&Q DIY chain, will this week ask landlords to offer monthly rental deals to all retailers - not just those in trouble.
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News
Strategic Retail suspends shares
The shares for Fads owner Strategic Retail have been suspended this morning after it placed three of its subsidiaries into administration.
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News
Discounts fail to lift sales in London in November
Sales in London took a hit in November as discounts and promotions across retail stores failed to tempt shoppers to spend.
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News
Travis Perkins results to be in line with expectations
DIY group Travis Perkins said today that trading across both trade and retail divisions remains broadly in line with its expectations.