All Home & DIY articles – Page 238
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NewsPrivate equity firm buys Cath Kidston
US private equity group TA Associates has agreed to buy Cath Kidston in a deal worth about £100m.
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NewsKingfisher full year profits surge 49%
DIY giant Kingfisher’s adjusted pre-tax profits surged 48.6% to £547m in the year to January 30 but the retailer remains cautious on the outlook.
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NewsNext profits soar 18%
Fashion retailer Next has reported an 18% increase in group pre-tax profit to £505m in the full year to January 30 in what chairman John Barton said was “an extraordinary year”.
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Praktiker reviewing store network
DIY retailer Praktiker is reviewing its store network, retail trade magazine Lebensmittel Zeitung reported.The aim of the review, part of the Praktiker 2013 project, is to optimise the profitability of the network, after sales and earnings have repeatedly fallen below expectations in recent years. The focus seems to be mainly ...
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Rewe Group sales up 2.7%
Germany’s second-largest grocer Rewe Group generated group sales of €50.9bn (£45.4bn) in 2009, up 2.7% on the previous year.The growth was mainly achieved through acquisitions and expansion, as store numbers climbed 5% to 15,453 outlets. In Germany, sales grew 2.6%, while overseas operations grew 2.9%.The Penny discount division, present in ...
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Home Depot introduces ‘Spring Black Friday’ promotions
DIY giant Home Depot is introducing “Spring Black Friday” promotions, with discounted prices on items such as plants, lawn care, outdoor electricals, eco-friendly gardening products, patio and grills.The promotions will occur throughout March and April.Home Depot executive vice-president for merchandising Craig Menear said: “Spring is our Christmas. Traffic in ...
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NewsRetail sales grow for second consecutive month
Retail sales have grown for the second consecutive month, and growth is expected to continue at a similar pace through Easter, according to the CBI Distributive Trades Survey.
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NewsCarpetright issues profit warning
Carpetright has issued a profit warning, citing the “pace of recovery seen towards the end of 2009 has not been sustained”.
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GalleryDobbies: From food to fuchsias in Aberdeen
The new-look Dobbies garden centre in Aberdeen is sustainable and modern, with a seamless mixed-product offer.
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NewsFlying Brands’ focus on core areas paying off
Home shopping group Flying Brands’ strategy to focus on its core gardening and gift divisions is bearing fruit, the retailer said as it posted improved full-year results.
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NewsHomebase fires back at B&Q price offensive
Home Retail-owned home enhancement chain Homebase has returned fire at B&Q, which last week launched a price-led advertising campaign targeting its arch-rival as the key Easter season approaches.
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NewsHome Retail to beat City forecasts
Home Retail reported that it would beat the City’s full-year profit forecasts despite a 9.4% decrease in like-for-like sales at flagship chain Argos.
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NewsTesco plots homewares line to propel F&F as global brand
New non-food chief Richard Jones will spearhead project to add homewares range to F&F label
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NewsDFS sale is ‘Lord Kirkham’s call’
Sofa retailer’s founder considers refinancing alternatives as doubts rise over sale of the business
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AnalysisCarpetright: Cleaning up in carpets
Carpetright might have emerged even more dominant from the recession, but it wants to up its game in service and product.
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NewsLakeland cooks up overseas debut
Homewares retailer Lakeland opened its first international store on Tuesday at the Mirdif City Centre Mall in Dubai.
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NewsGrow-your-own trend lifts gardening sector
The rising trend in growing your own produce, which heightened during the recession, has allowed gardening retailers to outperform the rest of the retail market.
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NewsB&Q ramps up its green credentials
B&Q will launch its first eco shop-in-shops at two of its biggest stores tomorrow (Friday).
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NewsPrivate equity firms confirm interest in DFS
Two private equity firms have reaffirmed their interest in buying sofa retailer DFS and a third is expected to do so, despite doubt about whether a sale will be concluded.