All Home & DIY articles – Page 274
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News
Christmas in the balance
Sector braced for toughest season since the 1980s, with December like-for-like drop expected.
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Opinion
An opportunity for shoppers
Retailers need to counter the despondency that the media is instilling in their customers.
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News
Interest rate held at 5%
The Bank of England has held the interest rate at 5 per cent for the fifth month running despite increasing fears of an imminent recession.
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News
Price rises to hit non-food
Price hikes of more than 6 per cent on non-food items such as T-shirts, shoes and sofas are possible next year, because of the sterling’s collapse against the euro and the dollar.
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News
Hob snaps up store at Leeds’ Clarence Dock
Culinary retailer Hob has taken its third UK store and its second outside London as part of a raft of signings to Clarence Dock in Leeds.
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News
Out-of-town retail parks to ‘lead retail renaissance’
Out-of-town retail is set to bounce back from the economic gloom and will be more successful than town centres in instigating a retail resurgence, a Verdict survey has claimed.
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News
Hunter takes charge at Wyevale as Hodkinson quits
Jim Hodkinson has stepped down as executive chairman of garden centre group Wyevale, Retail Week can reveal.
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News
Smallbone trebles profits
Furniture retailer Smallbone became the latest luxury retailer to buck the downturn, more than trebling its pre-tax profit for the six months to June 30. However, the retailer remains cautious about the future trading environment.
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News
Fads owner makes a loss
Strategic Retail, which owns home furnishings retailer Fads, has revealed a loss of 145,000 for the year to March 1 compared with profit of 194,000 the year before.
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News
Homewares trio push on with survival tactics
Big-ticket homewares retailers are redesigning store layouts and extending low-cost accessories lines in an effort to boost sales during the credit crunch.
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News
35 retailers back Green’s letter to landlords
Sir Philip Green has written to some of the UK’s biggest landlords on behalf of 35 retail groups in an attempt to bring key aspects of how retail property is leased into the modern era.
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News
Russia still on West’s retail map despite political chill
International retailers are likely to push on with expansion in Russia despite a return to icy relations between the Kremlin and the West.
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Analysis
Sitting pretty
Furniture chain Dwell achieved record sales last month at a time when most retailers in the sector are struggling. Founder Aamir Ahmed tells Nicola Harrison how he does it.
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News
Worst retail figures in 25 years, CBI reports
Wet weather and difficult trading conditions have resulted in the worst retail performance for 25 years.
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News
Victorinox to unveil Bond Street flagship
Luxury Swiss brand Victorinox is to open its European flagship store on London's Bond Street.
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News
John Lewis sales slide
John Lewis blamed the summer exam results and the Olympics as a distraction for its customers as it suffered a 4.2 per cent drop in sales for the week to August 16.
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News
Floors-2-Go founders lay down revival plan
Floors-2-Go’s founders are poised to revive the retailer’s fortunes after axing the existing senior management as they make a return to the business.
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News
Debenhams plagued by delayed developments
Debenhams is understood to have been hit by a string of delays to upcoming schemes it is due to anchor as the slowdown hits property developers hard.
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AnalysisDo stars still sell?
With marketing budgets feeling the pinch, retailers may be thinking twice about signing celebrities to front their brand. Charlotte Hardie asks when they’re worth it and how they can be put to best use
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News
Wyevale picks COO
Wyevale Garden Centres has promoted Andrew Livingston to chief operating officer.