All Home & DIY articles – Page 32
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NewsUK retail profits forecast to shrink by £8bn by 2025
UK retailers will see profits fall as the move towards ecommerce is accelerated by the pandemic.
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NewsScrewfix to trial half-hour deliveries to local builders and DIYers
Screwfix is to begin a trial in Bristol delivering products in as little as 30 minutes.
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NewsJohn Lewis expands furniture rental service after strong demand
Department store group John Lewis is to extend its furniture rental offer following a successful pilot.
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NewsDFS and Dunelm founders recognised in Queen’s Birthday honours list
DFS founder Lord Kirkham and Dunelm founder Bill Adderley have both been recognised in the Queen’s Birthday honours list, alongside six other retailers.
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NewsKingfisher and Burberry unveil ‘ambitious’ new sustainability targets
Kingfisher and Burberry have lifted the lid on ambitious new carbon reduction targets in a bid to beef up their sustainability credentials.
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NewsData: Sharpest online sales fall on record as restrictions ease
Online sales recorded their biggest drop in volume ever last month, though online spending remains significantly higher than pre-pandemic levels.
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NewsWickes hails strength of showrooms as sales exceed expectations
Wickes has reported that it expects full-year profits to be at the top end of expectations as kitchen and bathroom orders boom.
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NewsKingfisher signs credit deal linked to sustainability targets
Kingfisher has announced a new revolving credit facility conditioned to its ambitious sustainable and community-based targets.
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NewsDreams boss Mike Logue: ‘Tempur deal will take industry to next level’
Dreams chief executive Mike Logue said he’s looking forward to what the sale of the business to mattress specialist Tempur Sealy can bring to the table.
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NewsDreams sold to Tempur Sealy in £340m deal
Bed specialists Dreams is set to be acquired by mattress and bedding manufacturer Tempur Sealy for £340m.
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NewsMade.com presses button on £1bn IPO
Online furniture and homewares specialist Made.com aims to float on London’s main market, which could value the etailer at as much as £1bn.
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GalleryStore gallery: Carpetright lays out new high street format on Tottenham Court Road
Carpetright has opened a new store format on London’s Tottenham Court Road with a more trend-led customer in mind.
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AnalysisMixing it up: How Hotel Chocolat and Joules are diversifying to drive growth
Diversification is a growing trend for retailers, from new product categories to new store formats and other customer propositions. But can adding more strings to your bow offer a route to long-term growth?
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NewsOnline sales growth slows following non-essential retail reopening
Online retail sales reported positive growth in April despite the easing of restrictions, although sales did decline on a month-by-month basis.
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InterviewInterview: Asda strategy boss Preyash Thakrar on turning supermarkets into retail destinations
Having unveiled a flurry of recent in-store partnerships with the likes of The Entertainer, B&Q and Greggs, Asda’s chief customer officer tells Retail Week why the grocer is leaning so heavily into collaboration.
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NewsJoules upgrades profit expectations following ‘strong’ sales
Joules has upped its full-year profit forecast after hailing a “positive performance” across all its sales channels.
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AnalysisDeep dive: Understanding your new target shoppers – their favourite stores revealed
Where and how will the post-pandemic consumer want to shop? Retail Week unpacks the data.
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NewsIkea launches ‘buy back’ initiative as part of sustainability drive
Ikea is set to launch its ‘buy back’ initiative, which allows customers to sell their unwanted furniture back to the retailer.
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AnalysisThe Disruptors: Six businesses changing the face of DIY
In our second instalment of The Disruptors series – showcasing the new breed of businesses that retailers will be increasingly competing with post-pandemic – Retail Week explores the ones to watch in the DIY sector.
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AnalysisAnalysis: Who is set to win retail’s latest price war?
Retailers ranging from Asda and Sainsbury’s to John Lewis and Asos have all cut back prices this year in a bid to lure cash-conscious shoppers. Which retailers will fare well and which will flounder in retail’s new price war?