All Home & DIY articles – Page 64
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NewsFurniture Village warns on market as profits slump
Furniture Village’s bottom line was dented last year as it invested to defend itself against a ‘deteriorating economic backdrop’.
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AnalysisAnalysis: Five lessons for retailers from Lotus
Intense competition, financial shortfalls and senior management disruption. Sound familiar?
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NewsEve Sleep sales soar as UK trading exceeds expectations
Eve Sleep, the mattress-in-a-box retailer, has reported rocketing sales as its UK business performs above expectations.
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NewsShop price deflation ‘coming to an end’, BRC warns
A run of shop price deflation stretching back more than four years is about to come to an end, new figures have warned.
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NewsTopps Tiles profits tumble amid ‘challenging’ market
Topps Tiles has suffered a fall in full-year profits as the business grappled with “challenging trading conditions”.
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NewsFeather & Black follows Multiyork into administration
Feather & Black has tumbled into administration just a week after its stablemate Multiyork, putting 123 jobs at risk.
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NewsAgenda: Topps Tiles, Pets at Home, Findel, Eve Sleep
Retail Week looks ahead to the next seven days, with updates from Topps Tiles, Pets at Home, Findel and Eve Sleep on the agenda.
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Analysis
Analysis: What does the Budget mean for retail?
Has Chancellor Philip Hammond delivered the Budget retailers craved? Or has he left the industry high and dry?
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NewsMultiyork collapses into administration
Furniture retailer Multiyork has tumbled into administration, leaving the future of its 50 stores and 547 staff hanging in the balance.
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NewsSteinhoff UK poaches new digital boss from The Range
Steinhoff UK has poached Alexander Bartholomew from The Range to head up its ecommerce and digital functions at Harveys and Bensons for Beds.
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News
Budget 2017: Business rates to switch to CPI from April
The Government will base business rates increases on the CPI index rather than RPI two years earlier than planned, it revealed in today’s Budget.
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NewsScS bucks big-ticket blues with first-quarter sales rise
Sofa and carpet specialist SCS unveiled positive like-for-likes in its first quarter as it continues to sidestep the big-ticket slowdown caused by tough market conditions.
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NewsMountain Warehouse boss takes on Tiger with new venture
Mountain Warehouse founder Mark Neale has launched new retailer Neon Sheep to target the ‘impulse gifting’ sector, Retail Week can reveal.
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NewsKingfisher UK sales driven up by Screwfix and inflation
Kingfisher posted a boost in its overall third-quarter sales as a strong performances at Screwfix compensated for falling sales at B&Q.
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NewsDFS’ Sofology acquisition given green light by CMA
DFS has been given the go-ahead by the competition watchdog to complete its £25m acquisition of rival retailer Sofology.
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NewsBrightHouse bondholders on cusp of restructuring deal
BrightHouse owner Vision Capital could be left with just a 3% stake in the retailer as part of a £220m restructuring of the embattled business.
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NewsChristmas spending to fall for first time in five years
Christmas spending is expected to fall for the first time in five years as economic uncertainty and the return of inflation squeeze consumer budgets.
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NewsRetailers urge Chancellor to deliver 'shoppers' Budget'
Retail leaders have urged Chancellor Phillip Hammond to deliver “a shoppers’ Budget” and put a lid on “inexorable” rises in costs such as business rates.
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NewsThe Range profits advance amid aggressive expansion
The Range delivered a jump in pre-tax profits in its last full year as the value retailer continued on its successful streak of sales growth.
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NewsRetail sales in first year-on-year fall since 2013
October’s retail sales fell for the first time since 2013 on a year-on-year basis, according to the Office for National Statistics.