All Home & DIY articles – Page 286
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News
Hunter bids to block Dobbies’ rights issue
Scottish business tycoon Sir Tom Hunter is trying to block Tesco-controlled garden centre chain Dobbies’ rights issue unveiled last month.
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Opinion
Hopes live on for Boots debt deal
The idea that debt markets may be starting to relax again looked like a triumph of hope over experience as renewed attempts by Alliance Boots’ lenders to offload loans came to nought.
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News
Land of Leather sales slump set to continue
Land of Leather’s negative like-for-like sales are expected to continue for the rest of the year, as the City forecasts that there will be no upturn for the troubled furniture sector.
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News
Fabric Warehouse enters administration
Homewares retailer Fabric Warehouse has gone into administration, becoming the latest victim of the credit crunch.
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News
Argos to launch flatpack houses
General merchandise retailer Argos is launching a range of self-assembly log cabins with price points from as low as 11,000.
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News
Kingfisher finance director to step down
DIY group Kingfisher’s finance director Duncan Tatton-Brown is to step down after seven years with the retailer.
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News
Bhs puts freeze on refits to ride out tough times
Bhs is to temporarily halt its store refurbishment programme from the end of this month.
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News
Home Depot to axe underperforming stores
Home Depot is to close 15 of its underperforming US stores within the next two months, affecting 1,300 employees.
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News
MFI offers five years’ interest free credit deal
MFI has launched its first five-year interest-free credit promotion, as its customers are squeezed by the credit crunch.
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News
Carpetright eyes takeovers in tough climate
Carpet and floorings specialist Carpetright is on the hunt to snap up smaller rival retailers, as it revealed challenging trading in its UK and Ireland business.
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News
HomeSense makes UK debut with Poole store
TK Maxx parent TJX opened its first HomeSense store in the UK at Poole last week.
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News
The Pier boss makes exit after business review
The Pier managing director John Higgins has stepped down from the homewares retailer following a shake up by its Icelandic parent Lagerinn.
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News
Next takes Home Retail to court over copycat furniture claims
Fashion-to-homewares retailer Next has begun legal action against Argos over alleged design infringement of its children’s bedroom furniture range Storm.
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Analysis
Home Retail Group: the City view
Argos, Home Retail’s flagship chain, delivered record profits last year, but the outlook is cloudy.
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News
Murphy paid £1.6 million in last year at Kingfisher
Former Kingfisher chief executive Gerry Murphy was paid more than 1.6 million in his last year with the business.
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News
Land of Leather sales plunge again
Sofa specialist Land of Leather has revealed another plunge in sales and warned that trading conditions will remain tough for the rest of the year.
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News
Carpetright on track to hit targets
Carpetright recorded challenging trade for the second half of its financial year in the UK and Ireland, but expected the group’s underlying pre-tax profit for the full year to be in line with City forecasts.
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News
Dunelm sales rise
Dunelm has posted strong sales for the 43 weeks to April 26 and its chief executive is bullish about the outlook for the value homewares retailer.
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News
B&Q to step up multichannel offer after successful trials
DIY giant B&Q is to ramp up its multichannel offer this month to increase its share of the 19.5 billion online retail market.
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News
Findel profit warning feeds City fears for home shopping sector
Home shopping group Findel issued a profit warning last week, after it was forced to increase provisions for bad debt by 5 million.