All Home & DIY articles – Page 270
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Home Retail: The City View
The Argos and Homebase owner warned that unless there is respite from the consumer slowdown full-year profits will come in at the low end of City expectations.
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NewsTravis Perkins warning reignites fears for DIY
Travis Perkins’ profit warning last week again sparked fears about the impact of the downturn on home and DIY retailers.
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Retail sales growth slows further
Retail sales volume growth has continued to slow in the three months to September, rising only 0.1 per cent.
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Wyevale director leaves after four months in the job
Garden centre chain Wyevale’s director of e-commerce and marketing Deborah Poll has left the company having only joined in June of this year.
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Verdict: Retailers facing dismal Christmas
Retailers are facing the “toughest trading environment ever” this Christmas according to research company Verdict, which is predicting the second lowest consumer spending growth in a fourth quarter for 20 years.
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Scotland: Worst retail sales growth since March 2006
Retail sales growth in Scotland was at its slowest rate in two and a half years in September, as consumer confidence and rising living costs squeezed spending.
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Tough outlook for Home Retail as profits fall
Home Retail Group has posted a plunge in first-half profits and warned that the full-year figure will be at the low end of expectations unless trading conditions improve.
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Flying Brands sales fall
Sales for multi-channel retailer Flying Brands have fallen 19 per cent to 7.5 million in the three months to September 26.
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Retail round-up: October 19, 2008
What the Sunday papers said about the retail sector, including reports on Baugur, Asda, Carphone Warehouse, Debenhams, Ghost, DSGi, Home Retail, Sainsbury's, Game, JJB Sports, Woolworths and Tesco.
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London retail sales worst since 2005
Retail sales in London outperformed the rest of the country in September but were still the worst since summer 2005.
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B&Q launches 2,000 eco-products
DIY retailer B&Q is introducing 2,000 new eco-friendly products to help customers reduce the impact that running their homes has on the environment.
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Travis Perkins update sparks fears for DIY
Travis Perkins, the builders’ merchant that owns DIY chain Wickes, has warned that profits will be at the low end of expectations.
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String of up-for-sale MFI stores set to shut
Some of the 81 MFI stores placed into administration last week are to close because no purchasers have been identified.
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Kingfisher: the City view
DIY giant Kingfisher flew analysts to Turkey last week to show off Koctas, its joint venture there.
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Analysis
Steamer Trading: Full steam ahead
Kitchenware retailer Steamer Trading Cookshop’s gleaming new store shows what can still be done in a depressing retail climate. John Ryan takes a look at its impressive visual merchandising
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MFI 'not paying redundancy money' to call centre staff
More than 130 MFI call centre workers who lost their jobs last month are unlikely to be paid any redundancy money, according to The Times.
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Habitat axes more stores to staunch losses
Furniture retailer Habitat is continuing with a programme of store closures as part of its plans to revive its fortunes.
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UK retail like-for-likes down 1.5 per cent in September
UK like-for-like retail sales slid 1.5 per cent in September as turmoil in the financial markets hit consumer confidence hard.
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Majority of shoppers to spend less this Christmas
Two thirds of shoppers will spend less this Christmas compared with last year, according to a poll by Gfk Research Panels.