All Home & DIY articles – Page 275
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News
Matalan payment terms attacked
The Forum of Private Business (FPB) has put Matalan into its Hall of Shame following the retailer's decision to cut payments to suppliers by 2 per cent.
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London sales growth slows but still outperforms UK
Sales growth in central London has slowed by more than half compared with the same period last year, but continues to outstrip the rest of the UK.
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Homebase store jobs in jeopardy
Hundreds of store jobs are at risk at Homebase, the DIY chain owned by Home Retail Group.
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Shop Direct strike looms as pay dispute escalates
Home shopping giant Shop Direct Group faces the prospect of a crippling strike by key operational staff in a dispute over pay.
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News
Sainsbury’s to step up Tu Home introduction
Sainsbury’s is to roll out its Tu Home brand ahead of schedule following a three-month trial.
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Sales of value range rocket at Carpetright
Carpetright has posted double-digitgrowth for its value range products, as consumers feel the pinch.
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Oka unveils Cotswolds store
Furniture retailer Oka will open its store in the Cotswolds village of Broadway, Worcestershire on August 22.
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Analysis
Olympic hopefuls
As the London 2012 Olympics nears, British retailers need to prepare themselves for a once in a lifetime opportunity. Lisa Berwin reports.
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News
Wickes gives thumbs up to web review tool
Wickes says it is happy with the volume of feedback from a ratings and reviews service it added to its web site four months ago.
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TK Maxx celebrates strong second quarter
Value clothing and homewares retailer TK Maxx has posted a sector-busting 5 per cent rise in like-for-like sales in the UK for its second quarter to July 26, as shoppers continue to desert the mid-market.
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News
Inflation hits 4.4 per cent
Inflation has hit 4.4 per cent, more than twice the Government’s 2 per cent target and up by the highest amount since the Consumer Prices Index began in 1997.
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UK retail sales slip further
UK like-for-like retail sales fell 0.9 per cent in July compared with the same month last year.
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DIY endures worst summer since 2004
DIY retailers are suffering their worst summer since 2004, as consumers hit by the downturn put off big home improvement projects.
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Debenhams to help Wrapit customers
Debenhams will help to ease the disappointment of newlyweds left without their wedding gifts following the collapse of online gift service Wrapit.
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OFT clears Home Retail acquisition of Focus stores
The Office of Fair Trading (OFT) has approved the sale of 27 Focus stores to Home Retail Group.
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Sir Tom Hunter eyes Flying Brands
Multichannel retailer Flying Brands has confirmed an offer approach from Scottish billionaire Sir Tom Hunter’s investment vehicle West Coast Capital.
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MFI chief vows to fight slump and invest more
MFI chief executive Gary Favell has vowed to fight the savage downturn in the furniture market, insisting there is no immediate threat to the company’s future.
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ScS saviours unveil plans to revitalise chain
The new owner of ScS Upholstery, which fell into administration last month, has laid out its plans to revive the struggling furn-iture retailer.
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Ex-Beds Direct bosses outline Heli-Bed plans
The former management of Beds Direct, which hit the buffers last week, are to focus on generating sales from a smaller number of stores at its newly formed retail business Heli-Beds.
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News
Castorama Italy sale is welcomed by City
The sale of Kingfisher’s Castorama Italy business has been greeted with approval by the City.