All Home & DIY articles – Page 279
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News
Ikea enters mobile phone market
Swedish furniture retailer Ikea has joined retailers such as Asda and Tesco by offering a mobile phone service.
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Opinion
The Retail Week – August 1, 2008
Ian Cheshire has wasted no time in getting to grips with the mammoth task ahead of him at Kingfisher.
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News
Flying Brands profits plummet
Pre-tax profits at multichannel retailer Flying Brands have more than halved in the 26 weeks to June 27, falling to 1.2 million.
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News
Kingfisher agrees sale of Castorama Italy
DIY giant Kingfisher has agreed to sell its Castorama Italy business for €560 million ( 440 million) to French home improvement retailer Groupe Adeo.
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News
Rumours of MFI restructure played down
The appointment of directors of restructuring specialist Hilco to the board of MFI-owner MEP Mayflower does not signal a need for emergency surgery, sources close to the retailer insist.
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News
Kingfisher reverses UK decline as B&Q revives
Kingfisher, Europe’s biggest DIY group, posted a 1.5 per cent fall in second quarter like-for-like sales, but the City was impressed by its UK performance.
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News
Consumer confidence nosedives
Consumer confidence has plummeted to an all-time low as concerns over the economy and finances take hold.
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News
Retailers rethink business travel
More than half of retailers say they have changed the way they consider business travel out of concern for the environment, a survey has revealed.
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Opinion
Store manager’s diary: Quality and value will ride out the downturn
You don’t need me to remind you that it’s not an easy time out there at the moment – particularly in furniture. The sector is going through a period of consolidation, but Ikea will be there at the end and our offer of good design combined with low prices is ...
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News
Praktiker growth hit by slump in German market
DIY group Praktiker has warned that sales growth will slow in its second half because of a decline in its German domestic market.
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News
Topps Tiles sales slump
Topps Tiles has revealed deteriorating sales as the credit crunch continues to hit demand for big-ticket items.
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News
Wickes like-for-likes slide 1.1 per cent
Travis Perkins-owned DIY retailer Wickes has revealed a 1.1 per cent decline in like-for-like sales for the six months to June 30.
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News
Dunelm buys Dorma for £5 million
Homewares specialist Dunelm has bought bedlinen and soft furnishings brand Dorma for 5 million.
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News
July sales volumes plummet
The Summer Sales have bought no respite for beleaguered retailers as they reported plummeting sales volumes in July.
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News
Beds Direct sold to management
Beds Direct has been bought out of administration by its management.
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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.