All Home & DIY articles – Page 277
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News
Beds Direct hits the buffers
Bed retailer Beds Direct has fallen into administration, making it the latest casualty of the credit crunch.
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News
Hilco bosses join MFI board
Two senior directors at turnaround specialist Hilco are understood to have joined the board of furniture giant MFI in a move that throws further speculation on the retailer’s future.
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News
MFI owner gives ground in spatwith Galiform
MFI’s owner Merchant Equity Partners (MEP) has conceded ground in its ongoing legal dispute with Galiform.
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News
Castorama opens green store
Kingfisher’s home improvement chain Castorama has opened its first eco store in France. The 150,700 sq ft store opened in Cormeilles-en-Parisis, near Paris.
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News
Lombok ups clearance space with concessions
Homewares retailer Lombok has ramped up its clearance space in its London warehouse in an effort to lure in cash-strapped shoppers.
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News
Halfords: the city view
Car accessories and bikes retailer Halfords has bolstered its pole market position, revealing a total sales rise of 1.7 per cent, writes Nicola Harrison.
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News
Share bounce does little to ease pressure as City remains bullish
Retailers rallied after the misery of the past few weeks, but the mood among many sector analysts remained resolutely downbeat.
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News
Ilva Furniture stores to close
Ilva Furniture, which fell into administration last month, is to shut its three UK stores after a buyer could not be found.
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AnalysisHandy Men: Kingfisher assembles international management
As Kingfisher boss Ian Cheshire builds his top team of international managers, the question is how successful will they be in reviving the retailer’s fortunes? Nicola Harrison reports.
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News
B&Q like-for-like decline slows
Like-for-likes at Europe’s biggest DIY group Kingfisher slid 1.5 per cent in the 10 weeks to July 12.
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News
United Carpets profits soar
United Carpets has shrugged off difficult trading conditions, increasing pre-tax profits by 46.8 per cent to 1.51 million in the year to March 31.
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News
Floors-2-Go enters administration
Flooring retailer Floors-2-Go has gone into administration, appointing Kroll as administrator. 41 stores will close, resulting in 97 redundancies.
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News
Management buy-out rescues ProCook from administration
Troubled cookware retailer ProCook has been bought out of administration by its management and a consortium of shareholders for an undisclosed sum.
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News
Ikea picks internal candidate to replace Hogsted
Martin Hansson will replace Peter Hogsted as retail manager of Ikea UK after DIY giant Kingfisher poached him to head its international operations.
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News
Saint Maclou tightens grip on French carpet market
Saint Maclou, the French parent company of UK carpet retailer Allied Carpets, has ramped up its European presence by acquiring its biggest French rival – Mondial Moquette – and Switzerland’s Carpetland Suisse.
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Opinion
Is Kingfisher only worth 92p?
Kingfisher boss Ian Cheshire will report on how his DIY retail improvement project is going next Thursday, when a pre-close update is due.
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News
Kingfisher poaches Ikea and DSGi bosses
DIY giant Kingfisher has poached Ikea’s UK chief executive, Peter Hogsted, to head its international division.
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News
MFI calls in restructuring expert
Furniture retailer MFI is understood to have called in corporate restructuring company Kroll Talbot Hughes (KTH) as the credit crunch bites.
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News
Regional malls continue to deliver for House of Fraser despite fuel worries
House of Fraser is bucking the sales downturn at out-of-town centres, recording like-for-like rises at its stores in regional malls despite claims that consumers are cutting back on visits.
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News
OKA Direct sets up Cotswolds show house
Furniture and homewares retailer OKA Direct has bought a Georgian house in the Cotswolds to convert into a showroom that it claims will set it apart from the rest of the high street.