All Home & DIY articles – Page 172
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NewsJohn Lewis sales increase 23.1% despite wintery conditions
John Lewis sales surged 23.1% last week despite the coldest March in 50 years having a “dramatic effect” on the department store’s sales pattern.
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InterviewQ&A: Kingfisher Group chief executive Ian Cheshire
Ian Cheshire, Group chief executive at Kingfisher, speaks to Retail Week about the retailer’s performance and growth prospects.
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NewsRent-to-own retailer BrightHouse creates new senior roles
Rent-to-own electricals and furniture retailer BrightHouse has made a raft of senior appointments including its first head of ecommerce.
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NewsDutch DIY chain Praxis makes ex-B&Q director Colley chief executive
Former B&Q director John Colley has been promoted to chief executive of Dutch DIY firm Praxis as Tony DeNunzio becomes executive chairman of parent company Maxeda.
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NewsEaster sales at garden centres 'well down' as cold weather continues to bite
Sales at garden centres were “well below what was expected” over the critical Easter weekend as the cold weather continued to bite.
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NewsLaura Ashley blames fall in fashion sales on poor product offering
Laura Ashley has admitted it got its fashion product offering wrong after reporting a “disappointing” fall in full-year clothing sales this morning.
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NewsLaura Ashley full-year profits jump as like-for-likes rise 2%
Laura Ashley has recorded a 9.2% leap in full-year profits to £20.1m while like-for-like sales grew 2% in the year to January 26.
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Stong performance for homewares retailer Williams-Sonoma
Homewares retailer Williams-Sonoma’s net revenues increased 8.7% to $4.04bn (£2.66bn) in the year ended February 3. Performance was driven by a 14.5% increase in direct-to-customer revenues and like-for-like growth of 6.1%.Net earnings rose 8.4% to $256.7m (£168.9m).
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AnalysisAnalysis: Waitrose’s budding plans for growth in the gardening sector
As Waitrose announces a new gardening range, we look at how the category is performing and whether there’s space for a new entrant.
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NewsTopps Tiles profits expected to dip as it kicks off cost reduction initiatives
Topps Tiles underlying pre-tax profit is expected to fall in the 26 weeks to March 30 “against a background of weaker than expected demand”.
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NewsKingfisher boss insists growth plan is on track despite profit dip
Kingfisher boss Ian Cheshire has insisted that the DIY giant’s growth plan remains on track despite profits slipping for the first time in five years last year.
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NewsCold weather threatens to ruin Easter trading for DIY and garden retailers
DIY and garden retailers are bracing themselves for an Easter weekend sales freeze during the most important time of the year for home improvement categories, as wintry conditions continue to undermine performance.
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NewsEtailer Occa Home adds former Best Buy Europe boss Willett to board
Occa Home, the furniture etailer backed by Asos and The Hut investor The William Currie Group, has appointed former Best Buy Europe boss Bob Willett to its board.
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AnalysisKingfisher full-year figures: What the analysts say
Kingfisher, the DIY group which owns B&Q and Screwfix, today posted an 11% drop in pre-tax profit to £715m for the year to January 31, 2013. Retail Week takes a look at what the City thinks.
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NewsB&Q owner Kingfisher posts full-year profits plunge
Kingfisher full-year group pre-tax profits plunged 11% to £715m in its year to January 31 as wet weather hindered sales in the UK.
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NewsSofa specialist DFS backs Irish retail market and eyes expansion
DFS has signalled its confidence in the Irish market despite some UK retailers putting their businesses through insolvency protection processes this year.
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Group sales increase for DIY retailer Hornbach
DIY retailer Hornbach’s group sales increased 0.8% to E3.23bn (£2.75bn) in the year ended February 28.The Hornbach-Baumarkt fascia achieved growth of 0.6% to E3bn (£2.5bn) year on year. Consolidated like-for-like sales dropped 1.4% from the previous year’s level of 2.8%.
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NewsLaura Ashley puts squeeze on suppliers with price cut demands
Furniture and fashion retailer Laura Ashley has been accused of squeezing its suppliers by support group the Forum of Private Business.
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NewsCath Kidston plots Spanish concession expansion
Kitsch retailer Cath Kidston is in talks to roll out concession stores in Spain, which will be its first step into continental Europe.
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NewsSofa retailer CSL invests £1m to roll out iPads across stores
Sofa retailer CSL is set to roll out iPad minis to its entire store estate in a new £1m project, which is expected to significantly increase sales.