All Home & DIY articles – Page 205
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News
Bed Bath & Beyond reports net sales increase
Home furnishings retailer Bed Bath & Beyond has reported net sales for the second quarter ended August 27, 2011 increased by 8.3% to $2.3bn (£1.5bn). Like-for-like store sales in the financial second quarter of 2011 increased by approximately 5.6% compared with the period the year before. Net earnings grew by ...
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NewsLakeland warns of "miserable" 2011 despite profits rise last year
Lakeland grew profits and sales last year but the homewares retailer has said that 2011 has been “miserable” in the last two months.
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NewsMorrisons eyes Garden Centre Group
Supermarket Morrisons is considering bidding for garden centre specialists Garden Centre Group, formerly known as Wyevale.
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News
Ikea reveals sales increase
Ikea has revealed that sales rose 6.9% in the year ended August 31, 2011 to reach nearly E25bn (£21.7bn). Over the year, the retailer cut prices and added stores to drive sales. The weak economy meant customers switched to smaller ticket items. Chief executive Mikael Ohlsson confirmed the company’s interest ...
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OpinionGrocery retailing isn’t just about price
It would have been hard for Tesco’s Big Price Drop to live up to the hype that built up before its launch.
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AnalysisOut of the ashes
B&Q’s new store in Witney is a former branch of DIY operator Focus. After visiting on a bank holiday Monday, John Ryan is convinced that, while its predecessor came unstuck, this one will do the job.
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AnalysisBill Carrahar
The new director of Carpetright’s beds business, Sleepright, is passionate about the sector that has given him a second career, and is looking forward to working with an ‘icon in the industry’
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AnalysisMarks & Spencer: Finding its way
Marks & Spencer is piloting a new in-store look aimed at improving navigation and making its in-store brands more obvious. John Ryan reports
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NewsInflationary pressures hit The Range
Homewares retailer The Range chief executive Chris Dawson has cited “massive inflation” as being a key contributor to stagnant profits at the company last year as the high costs of fuel and other capital expenses frustrated growth.
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NewsWickes to shrink stores as web transforms retail
1.4 million sq ft to be ditched as online reduces need for physical store space
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NewsConran Shop opens 'Play Zone'
The Conran Shop has opened a new ‘Play Zone’ where you won’t be the only adult playing around.
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NewsRiot-hit furniture store House of Reeves to be rebuilt
The family–run Croydon furniture business devastated by a blaze during rioting in August is preparing to apply for planning permission to build a new store on the same site.
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NewsB&Q launches mobile site
DIY retailer B&Q has today launched a mobile transactional website in a move to capitalise on growing online sales.
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NewsRecord squeeze on family spending power in August, says Asda Income Tracker
Sustained inflation and the rising cost of fuel, gas and electricity have forced the sharpest decline in family spending power on record, the Asda Income tracker has revealed.
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NewsTopps Tiles expects pre-tax profit to hit consensus of £13.4m
Topps Tiles expects to report adjusted pre-tax profit for the year to October 1 within analysts’ estimates with a consensus of £13.4m.
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NewsThe Range rolls out new stores
Furniture, leisure and homeware chain The Range is pressing ahead with expansion plans with six more stores due to open before the year is out.
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NewsPortas guilty of unfairness to ScS, OFCOM says
Broadcasting watchdog OFCOM has found self-styled ‘Queen of Shops’ Mary Portas guilty of unfair treatment of furniture retailer ScS in her last series, Mary Portas, Secret Shopper.
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NewsHilco boss rakes in £4.5m in 2010
Hilco UK boss Paul McGowan took home a £4.5m bonus last year as the restructuring firm benefitted from snapping up ailing retailers.
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NewsHarris mounts audacious assault on beds market
Floor coverings giant aims to take share from bed specialists Dreams and Bensons
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OpinionSelf-help retailers show how to buck the gloom
You’d expect Kingfisher to know a bit about do-it-yourself. But the self-help initiatives espoused by B&Q’s owner extend far beyond painting a wall or fitting a kitchen – it’s helping itself to strong results.