All Home & DIY articles – Page 266
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Land of Leather: the City view
The sofas specialist disclosed on Tuesday that talks about a potential sale are over.
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Habitat looks East in international assault
Habitat has pushed the button on international expansion plans and will launch stores in the Middle East and Russia next year.
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The Pier makes redundancies at head office
The Pier has made almost half its head office staff redundant after falling into administration last week.
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GalleryClas Ohlson – Croydon
Scandi DIY retailer Clas Ohlson makes its UK debut in Croydon’s Whitgift Centre.
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Land of Leather ends takeover talks
Land of Leather has ended talks with parties interested in buying the business, saying the offers would fail to deliver shareholder value.
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Verdict: Retail profits to dive in 2009
Retailers should brace themselves for one of the worst years on record in 2009, as high street spending goes into reverse and retail profits nosedive.
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Like-for-like retail sales slide 2.6 per cent
Retail Sales Monitor: UK like-for-like retail sales slipped 2.6 per cent in November, and total sales fell for a second consecutive month for the first time since records began in 1995.
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Clas Ohlson makes its UK debut in Croydon centre
Swedish hardware retailer Clas Ohlson has opened its first UK store, dubbing itself a “really useful shop”.
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Kingfisher update welcomed despite a nosedive in profits
The City welcomed a better-than-expected third-quarter performance from DIY group Kingfisher despite a fall in retail profit and continuing problems in China.
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B&Q abandons customer mag to up TV ads
B&Q has ditched its customer magazine as it ploughs more of its marketing spend into TV advertising.
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Home Retail prepares to launch clearance site for cut-price sofas
Home Retail Group is to launch a standalone clearance web site offering “massive discounts” on sofas.
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Interest rate slashed to 2%
The Bank of England has cut the interest rate by 1 percentage point to 2 per cent in a move that will bring some respite to retailers.
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Retailers ramp up pre-Christmas Sales
Retailers have stepped up their discounting dramatically in recent weeks, with three quarters of the UK's leading chains offering discounts in the run-up to Christmas.
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The Pier descends into administration
Homewares retailer The Pier has fallen into administration.
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MFI swamped by bargain-hunters after its collapse
Shoppers have flocked to MFI stores as the defunct retailer offered discounts of up to 80 per cent following its administration last week.
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DFS reprimanded for 'misleading' ads
DFS has been rebuked by the Advertising Standards Authority (ASA) for misleading consumers about the size of its sofas.
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Retail failures up 17 per cent
More than a thousand retail businesses have hit the buffers in the past year, with more failures expected due to poor Christmas trading.
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Land of Leather confirms interest in business
Land of Leather has confirmed that it has received a number of expressions of interest to buy its furniture retail business.
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CBI survey: Retailers fear dire Christmas
Retailers are expecting a lacklustre Christmas after reporting a decline in high street sales in November, according to the CBI's Distributive Trades Survey.
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Strategic Retail losses deepen as consumer confidence dives
Strategic Retail, which owns homewares retailer Fads, has revealed pre-tax losses have worsened dramatically to 855,000 in the six months to August 30.