All Home & DIY articles – Page 295
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News
Profits falls at Swedish furniture giant Ikea
Profits at Swedish furniture giant Ikea slid 8 per cent to 67.9 million in the year to August 31, 2006, according to accounts filed at Companies House. Sales rose 2 per cent to 1.09 billion for the year.
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News
Topps Tiles calls strong year ahead of results
Like-for-like sales expected to rise 4.6% at the home improvement retailer, while sales are tipped to increase 15%
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News
Land of Leather ramps up expansion plans
Soaring profits at furniture retailer prompt new store opening target
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News
Ikea changes marketing tack as sales spring back
Retailer focuses on property slowdown in its biggest-ever campaign
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News
Nordstrom prepares to make New York debut
Upmarket US department store chain Nordstrom is reported to be in talks to open its first shop in New York. The Seattle-based retailer, which generated US$8.6 billion ( 4.3 billion) in sales last year and operates 155 stores in 27 states, is believed to be in negotiations for a unit ...
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Opinion
Northern Rock fiasco a bad sign
The sight of scared consumers queuing up in their thousands to withdraw their cash from troubled Northern Rock might turn out to be almost as bad news for retailers as it was for the bank.Savers have withdrawn about£2 billion, fearful of losing everything despite reassuring statements from the Government and ...
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News
Laura Ashley pushes button on new branding as profits rocket
Fashion-to-furnishings retailer Laura Ashley will roll out a new brand identity following a successful trial. The retailer piloted the branding, dubbed “spring green”, in eight stores nationwide, as revealed by Retail Week (July 13). It will also up marketing investment in fashion, which represents 19 per cent of the UK ...
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News
City fears Northern Rock fiasco will erode consumer confidence
Cold weather will be better news for fashion retailers that suffered during the wet summer, but fears mounted that the consumer climate may turn truly arctic. The Northern Rock crisis could be the catalyst for shoppers to snap their purses shut. That fear was reflected in the general retail sector’s ...
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News
B and Q launches gift cards as it shakes up brand
B&Q is to launch its first gift card next month, as it unveils the biggest brand makeover in its history. The DIY giant’s plastic gift cards will feature different designs, such as moving house or Christmas images and will retail for between£1 and£100. This month, B&Q also started a trial ...
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News
B and Q overhauls small stores and products
Smaller Supercentres and ranges under scrutiny at DIY giant
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News
Carphone strikes deal with Virgin
Retailer to sell Virgin Media products in stores as part of range expansion drive
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News
Primark and Mothercare launch factory inquiries
Factories in India to be investigated after allegations over low pay
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News
Hunter buys Sanders Garden World for £15m
Move reinforces Scottish entrepreneur’s position in sector
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Opinion
Christmas crunch here we come
Now that the August bank holiday is out of the way and a torrid summer, in business terms, is coming to an end, what is the outlook for the sector as the year winds down?The back-to-school offensive is in full swing and Halloween is still to come but, from here ...