All Home & DIY articles – Page 56
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NewsDunelm warns on profits as like-for-likes slide
Dunelm has issued a profit warning after experiencing “trading conditions materially more challenging than expected”.
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NewsCath Kidston names new boss to succeed outgoing Wilson
Cath Kidston has poached Melinda Paraie, an executive at American jewellery business John Hardy, to become its new boss.
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NewsHomebase sold to Hilco as Wesfarmers culls Bunnings UK
Wesfarmers, which bought Homebase two years ago, has disposed of the ailing DIY firm for just £1 following its disastrous attempt to launch Bunnings in the UK.
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NewsB&Q sales slump as big freeze forces store closures
Kingfisher blamed “unusually adverse weather” for a dramatic drop in B&Q sales during its first quarter.
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NewsHomebase on brink of sale to Hilco or Alteri
Homebase, owned by Australian giant Wesfarmers, is believed to be on the brink of a sale as restructuring firms Hilco, Alteri and Endless table final bids.
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NewsWyevale owner Terra Firma hoists For Sale sign
Private equity firm Terra Firma Capital has put Wyevale Garden Centres up for sale, Retail Week can reveal.
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NewsDFS COO Tim Stacey named boss as Ian Filby exits
DFS’s COO Tim Stacey will replace boss Ian Filby as he departs the business this autumn after eight years at the group.
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NewsTopps Tiles profits crash as inflation hits
Topps Tiles’ profits have dropped dramatically due to inflationary pressures despite sales rising over the period.
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AnalysisMaking small formats work for big-box retailers
As big-box retailers like B&Q, Screwfix, Dixons Carphone and Decathlon open smaller, high street formats, John Ryan looks at the rules that should be followed.
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NewsBathstore chief executive Gary Favell steps down
Bathstore boss Gary Favell has exited the bathroom specialist after nearly six years at the helm, Retail Week can reveal.
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NewsIkea pulls out of Preston store as profits nosedive
Ikea has parked plans for a superstore in Preston and reported plunging full-year profits.
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NewsAgenda: M&S, Kingfisher and Halfords update the market
Retail Week looks ahead to the next seven days, with updates from M&S, Kingfisher, Halfords and Pets at Home on the agenda
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NewsCarpetright launches share issue to fund CVA
Carpetright has issued shares in a bid to raise £60m to support its company voluntary arrangement (CVA) and restructure.
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NewsIkea names Quiñones as new UK boss to replace Drakeford
Ikea has named a new UK and Ireland boss as Gillian Drakeford prepares to move into its worldwide franchise business.
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InterviewInterview: Can embattled BrightHouse turn over a new leaf?
BrightHouse hasn’t been far from the headlines since it came under the scrutiny of the Financial Conduct Authority (FCA).
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Future LeadersBe Inspired: What makes Sir Ian Cheshire ‘batshit’ crazy?
Sir Ian Cheshire said that his time as a retail chief executive at B&Q was peppered with one very particular frustration.
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AnalysisAnalysis: Five international retailers making space pay
As the shockwaves of the latest retail CVA – House of Fraser – echo across the industry, the pressure mounts on traditional retailers to eke out profit from their store estate or risk suffering the same fate.
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NewsTapi plots swoop on Carpetright stores as CVA nears
Tapi is speaking with Carpetright’s landlords in the hope of snapping up a clutch of the retailer’s stores that are subject to rent reductions under the terms of its impending CVA.
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Video
Watch: DFS' Filby on cushioning the blow of the market
DFS boss Ian Filby tells Retail Week what’s in store for furniture retailers and explains how the sofa firm is working to navigate the “moribund” market.
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AnalysisAnalysis: Five lessons for retailers from Arsène Wenger
Veteran Arsenal manager Arsène Wenger takes charge of his final game at the North London club this month, 22 years after his appointment.