All Home & DIY articles – Page 17
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NewsIkea to shutter Tottenham store to focus on smaller London formats
Ikea is set to close its Tottenham superstore as part of its London transformation plan.
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NewsRetail sales rise in February but online share falls back
Retail sales rose year on year in February but online continued on a downward trend as pandemic conditions eased, official data has shown.
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NewsWickes’ profits surge in ‘year of excellent growth’
Home improvement retailer Wickes has reported rocketing full-year sales and profits and said it is well positioned for further growth.
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NewsNext delivers surge in profits but global ‘uncertainty’ drives down forecasts
Next has posted a surge in profits but downgraded forecasts for its new financial year amid a slowdown in its international business.
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AnalysisAnalysis: Why Kingfisher’s success is built on more than just lockdown headwinds
With inflationary pressures front of mind for both retailers and customers, Retail Week explores why Kingfisher believes the business is prepared to sail through the storm
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NewsScS blames international supply chain issues as it slips to loss
ScS has slipped into the red, blaming international supply chain issues for its subdued revenues and profits.
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NewsKingfisher delivers record year as profits and sales soar
Kingfisher has said it is “ahead of schedule” with its new strategy after reporting record profits and sales last year.
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NewsDecathlon founders face backlash against Russian growth plans
Decathlon’s French founders have made plans to expand the Russian footprint of its Leroy Merlin DIY chain following other Western retailers’ exits.
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AnalysisChanging rooms: Why H&M, Next and Joules are making over the homewares sector
The homewares market has soared over the past two years as housebound consumers sought to redecorate and reimagine their living spaces. Retail Week explores how this trend has shifted the playing field across an already fragmented sector.
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NewsHomebase teams up with Tesco to launch shop-in-shop concept
Homebase has formed a partnership with Tesco to add its DIY products to the supermarket.
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NewsM&S boss Rowe steps down as Machin and Bickerstaffe take reins
Marks & Spencer chief executive Steve Rowe is stepping down from the business after six years and will be replaced in the top job by food boss Stuart Machin.
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NewsExclusive: B&Q launches online marketplace to create ‘one-stop shop for your home’
B&Q has launched an ecommerce marketplace as part of ambitious plans to expand its online range to more than 1 million home, DIY and garden products.
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NewsMade.com losses widen amid ongoing supply chain challenges
Made.com’s losses widened as the furniture retailer reported in its full-year results that it was “adversely affected by industry-wide global freight inflation and supply chain disruption”.
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NewsAmazon launches first ‘sustainable’ own-brand range
Amazon has launched an own-label range across several categories entirely comprising “consciously created” products certified to meet sustainability criteria.
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NewsIkea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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NewsMarks & Spencer launches Sparks promotional extravaganza to boost app take-up
Marks & Spencer is to stage a two-week spectacular of “daily personalised offers, giveaways and discounts” designed to drive customer adoption of its app.
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DataData: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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NewsStudio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.
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GalleryStore gallery: Ikea launches £1bn investment in London with pioneering Hammersmith shop
Ikea has opened a first-of-it-kind small-format store in the UK in Hammersmith, west London.
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AnalysisAnalysis: Flash in the pan or permanent shift – which pandemic trends will outlast Covid?
Retail Week looks at the key trends that have dominated during the pandemic to see which consumer behaviours are here to stay.