All Home & DIY articles – Page 232
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NewsUnited Carpets full year profits rocket while current trading weakens
Floorings retailer United Carpets pretax profits soared 84.5% to £1.1m in the year to March 31, although current trading has weakened.
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NewsJohn Lewis first-half sales growth of 15% unlikely to be sustained says Andy Street
Sales at department store chain John Lewis rose 14.9% in the first half, or 12.6% excluding VAT.
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NewsWickes predicts tough times ahead for big-ticket market
DIY retailer Wickes anticipates a punishing big-ticket market for years to come as consumer confidence dips and the outlook for mortgage approvals is weak.
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GalleryNext Home: The Next chapter in homewares
Next Home’s new format store is a case of evolution rather than revolution, but that doesn’t make it a bad store, says John Ryan
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NewsMorrisons runs pilot for expanded homewares
Morrisons is piloting an expanded homewares range in the Thornbury store near to its headquarters in Yorkshire under the name Your Home.
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NewsFurniture chain Mark Elliot rescued from administration
Furniture chain Mark Elliot has been bought out of administration by investor SKG Capital.
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NewsCarpetright remains cautious as Q1 sales drop
Flooring giant Carpetright has revealed a 2.5% decline in group sales in the 13 weeks to July 31.
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NewsHub puts EPoS system in place to aid expansion
Variety store Hub, set up by Poundland co-founder Dave Dodd, has implemented an EPoS system that will support its expansion.
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NewsKingfisher focus on profits over sales welcomed
Kingfisher’s focus on profits over sales growth has been welcomed by analysts following a sales dip.
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AnalysisSteven Round
He may have bought Robert Dyas back from the brink but the hardware chain boss tells Nicola Harrison why he’s more than just a turnaround specialist
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NewsBedroom furniture sales to grow, says Verdict
Brits continue to spend money on beds and bedroom furniture, despite all other areas of the furniture area struggling, according to research house Verdict.
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NewsTough start to the year for Wickes
Builders merchant Travis Perkins’ has reported a tough start to the year at its retail division, including DIY chain Wickes, but the business has gained market share.
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NewsRetail sales ahead of expectations in July, says CBI
Retail sales increased in July, and were ahead of expectations, the latest CBI Distributive Trades Survey has found.
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NewsHabitat hires retail director
Habitat has hired Gary Waldron as retail director, following his departure from fashion retailer Fat Face earlier this year.
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NewsJohn Lewis sales up nearly 10% in last week of Sale
John Lewis has reported weekly sales up 9.8% in the final week of its Clearance Sale.
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AnalysisKingfisher trades its brightest ideas
The international retail group tried something different at its June conference to promote the exchange of ideas.
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News
M&S’s new DC to slash lead times for furniture
Marks & Spencer’s new state-of-the-art distribution centre, officially opened in Bradford on Tuesday, will slash furniture lead times.
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NewsIn Focus: Steinhoff
Furniture is retail’s hardest hit sector in a recession. High-profile names such as MFI, Land of Leather and The Pier have disappeared, ScS went into administration but survived and all have struggled. But one group seems to have bucked the trend, at least in turning itself around from four years ...
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NewsB&Q suffers second quarter sales fall
DIY group Kingfisher suffered a sales decline at its UK arm in the second quarter as shoppers avoided big-ticket purchases.
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News
Massmart to acquire Pupkewitz Megabuild
South Africa-based Massmart has announced the acquisition of Namibian DIY retailer Pupkewitz Megabuild for an undisclosed price. The deal, which is part of Massmart’s ambition to expand further into Africa, has been approved by Namibia’s competition authorities. Pupkewitz Megabuild operates 16 stores, employing 600 staff.