All Home & DIY articles – Page 283
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Analysis
Red light for retail?
While harsh trading persists, retailers such as ScS and Land of Leather are reeling as supplier credit insurance is withdrawn. George MacDonald examines the power of the insurers
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News
Land of Leather close to £18m refinancing deal
Land of Leather was on the verge of an 18 million financial re-upholstering as Retail Week went to press, but even mid-week, the deal still hung in the balance.
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News
Land of Leather plans rescue deal as sales collapse
Land of Leather has announced plans to secure a rescue financing deal of 14.8 million, gross of expenses, by way of placing almost 30 million shares, underwritten by its brokers.
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News
May online sales hit £4.5 billion
Online spending in May rose to more than 4.5 billion, an increase of 1.6 per cent on April, according to the IMRG Capgemini e-Retail Sales Index.
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News
Habitat UK chief steps down as it restructures
Habitat UK country manager Ruth Dangerfield has left the business as the retailer implements a new organisational structure.
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News
Land of Leather and ScS review finances
Furniture retailers Land of Leather and ScS Upholstery have this morning confirmed that they are both examining the structure of their businesses.
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News
Tesco takeover of Dobbies almost complete
Tesco now owns 90.13 per cent of the shares in Dobbies, after announcing last week that it would take the retailer private within the next month.
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News
ScS fights to hold on to supplier insurance as sector fears grow
Sofas specialist ScS is in talks with Euler Hermes, the world’s biggest credit insurer, in an effort to retain cover for its suppliers.
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Opinion
The Retail Week – June 13, 2008
If this week’s stream of negative news from retailers proved one thing, it’s that the ties that bind the retail sector and the housing market run deep.
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News
ScS credit insurer withdraws supplier coverage
Sofas retailer ScS Upholstery has revealed that one of its credit insurers has withdrawn coverage from suppliers.
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News
Focus finance director Hoskins resigns
Focus finance director Bill Hoskins has resigned from the business less than a year after being brought in to help save the DIY chain.
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News
Furniture Village defies slowdown with record year
Furniture Village has bucked the trend in its market to post its best ever profits and volumes for last year.
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Gallery
Store of the week: Marks & Spencer Colliers Wood
An edge-of-town store measuring 100,000 sq ft (9,290 sq m) is hardly remarkable these days, but when it is the biggest store that a retailer has opened in a large city for a decade, it’s worth taking a look at.
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AnalysisDebenhams takes the high ground at Liverpool One
Debenhams’ new store at Liverpool One is built on a slope, but that is only one of many striking differences about the topsy-turvy shop. John Ryan goes to see what all the hype is about
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News
Kingfisher sourcing set to deliver margin gain
Kingfisher is poised to reap margin benefits from improved cross-border sourcing as it attempts to bring its French and UK operations more closely in line.
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News
B&Q sets sights higher for next eco-store build
B Q will open a two-floor, 150,000 sq ft flagship eco-store in New Malden, Surrey, in November.
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News
Lord Kirkham nets £46.3m DFS dividend
DFS founder Lord Kirkham pocketed a 46.3 million dividend last year from his furniture chain.
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News
Blacks Leisure eyes market towns to spark a turnaround
Outdoor specialist retailer Blacks Leisure will target market towns for its eponymous, Millets and Freespirit stores as part of new chief executive Neil Gillis’s turnaround plan.
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News
More misery for DIY as housing slump worsens
Deepening gloom in the housing market is likely to exact a heavy discretionary spending toll on retailers this year.
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Analysis
All rise for the king of carpets
Lord Harris’s nomination for World Entrepreneur of the Year proves just how far the tycoon has come since inheriting three London carpet stores. Katie Kilgallen meets him at the awards in Monte Carlo