All Home & DIY articles – Page 272
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News
Smallbone profits feel the heat as demand for kitchens dries up
Smallbone has become the latest big-ticket retailer to be hit by the economic downturn after it issued a profits warning last week.
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News
Habitat to remerchandise stores for growth
Habitat is to increase merchandise densities across its store portfolio in an attempt to increase sales.
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DSGi’s Pixmania widens its online product range
DSGi-owned e-tailer Pixmania is increasing its online presence as a general merchandise retailer by expanding the product categories on its UK site.
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Decathlon sizes up MFI stores in administration
Decathlon is eyeing stores put into administration by furniture retailer MFI last month as potential sites for its store expansion programme.
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Analysis
DIY: Kingfisher’s pole position
It may be in the eye of the storm in the UK, but Kingfisher’s overseas operations are growing fast. George MacDonald reports from Warsaw on the retailer’s booming Polish operation.
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News
Interest rate slashed to 3%
The Bank of England has cut the interest rate by 1.5 percentage points to 3 per cent in a move that has been welcomed by retailers.
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Key Argos supplier hits the buffers
One of Home Retail Group’s largest furniture suppliers has gone into administration.
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Dunelm ups market share
Homewares retailer Dunelm reported that it has continued to gain share in a shrinking market as its sales performance improved.
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Rosebys stores sold to Edinburgh Woollen Mill subsidiary
A subsidiary of Edinburgh Woollen Mill has bought 77 outlets of Rosebys, which fell into administration in September, as well as all of the company’s stock.
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Laura Ashley finance director stands down
Laura Ashley finance director David Cook has resigned.
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Retailers' fury at hikes in Westfield London service charges
Retailers which opened in Westfield London last week are furious over hikes in service charges imposed by the shopping centre.
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Homebase in head office shake up
DIY retailer Homebase is understood to be poised to announce a reorganisation of its head office that could lead to job cuts.
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Castorama buoyed by Polish tradesmen
The return of the Polish plumber and his countrymen from the UK to Poland has lifted business at DIY group Kingfisher’s Castorama stores.
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Smallbone issues profit warning
Luxury furniture retailer Smallbone has issued a profit warning, saying that it expects figures to be “materially below” current market expectations.
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Focus launches budget range to be ‘Lidl of DIY’
Focus has launched a range of value-priced products as it guns to become the “Lidl of DIY”.
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News
Carpetright ventures into e-tail but warns of tough times ahead
Flooring retailer Carpetright is to launch a transactional web site next year, but still warned that trading will remain tough for the next 18 months.
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Analysis
Recession beaters: Some retailers are prospering in spite of the downturn
Despite what the mass media might suggest, some retailers are prospering in spite of the downturn. Charlotte Hardie looks at some of those that are flying and asks what we can learn from them.
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News
United Carpets posts mixed like-for-likes
Flooring retailer United Carpets’ like-for-like sales have dropped 6.4 per cent in the six weeks to October 23.
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Cath Kidston to double sales after stellar year
Floral fashion to furnishings retailer Cath Kidston aims to more than double sales to 50 million within three years.
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News
Anglia Co-op launches online furniture shop
Anglia Regional Co-operative Society made its first foray into e-commerce this week with the launch of a furniture web site.