All Home & DIY articles – Page 242
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NewsLord Harris upbeat as Carpetright delivers stellar first half
Carpetright, the UK’s biggest floor coverings specialist, generated pre-tax profit growth of 15.8% to £11m in its first half and is considering further expansion in Europe.
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NewsDFS brings Boxing Day Sale forward ahead of VAT hike
Britain’s biggest sofa retailer DFS has brought forward its Boxing Day Sale, sparking fears of a furniture sector price war.
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NewsFocus reshuffles its management team
Focus DIY has made a series of senior management changes, which include promoting its chief operating officer Rob Gladwin to the position of managing director.
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NewsUnited Carpets reports strong half
Profits for United Carpets grew 10.2% to £702,000 in the six months to September 30.
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NewsShowroom sales rocket at Wickes
DIY chain Wickes has generated strong sales growth in showroom categories and made market share gains, parent Travis Perkins revealed.
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NewsKingfisher appoints former global Ikea boss as non exec
Ikea’s former global chief executive Anders Dahlvig is to join DIY giant Kingfisher as a non-executive director.
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NewsScottish retail sales record worst decline in six months
Scottish retail sales fell 0.6% on a like-for-like basis in November, the worst decline since May.
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NewsLaura Ashley like-for-likes rise 4.9%
Homewares and womenswear retailer Laura Ashley expects full year trading to be broadly in line with company expectations after like-for-like sales rose 4.9% over the first 19 weeks of the second half to 12 December.
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NewsDunelm founder transfers 10% stake
Dunelm founder Bill Adderley has offloaded more shares in the family-run business, transferring around a 10% share of the retailer to his son and Dunelm chief executive Will.
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NewsCarpetright notches up best half-year performance in five years
Carpetright pre-tax profit grew 15.8% to £11m in the 26 weeks to October 31 as the domestic arm clocked up it strongest half year performance since 2004.
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NewsHabitat sold to Hilco
Habitat has been sold to Hilco in a deal that will see chief executive Mark Saunders remain in his position.
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GallerySteamer Trading: A cook shop worth its salt
Kitchen retailer Steamer Trading has opened an architecturally bold store that is sure to impress. John Ryan gets a tour in historic Guildford.
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NewsCarpetright set for record UK sales
Floor coverings retailer Carpetright is expected to announce strong interim results on Tuesday following its most recent trading update for the 12 weeks ended October 24, which showed group sales up 10.3%, while like-for-like sales rose 5.6%.
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NewsHilco-backed buyout on the cards at Habitat
The management of Habitat is understood to be close to securing a buyout of the furniture retailer.
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NewsVAT to return to 17.5% in January
Chancellor Alistair Darling has confirmed in his pre-budget report that VAT will return to 17.5% on January 1, 2010.
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AnalysisEuan Sutherland is making good headway at Kingfisher
Kingfisher’s turnaround is still a work in progress, but its UK chief executive is making good headway, says George MacDonald.
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NewsNatuzzi accused in price-fixing case
Upmarket furniture retailer Natuzzi has denied involvement in alleged price fixing, for which it has been reported to the Office of Fair Trading.
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NewsManagement and Hilco lead race to buy Habitat
Habitat could be sold as early as next week with its management and restructuring specialists Hilco reported to be the front runners to buy it.
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NewsFundraising to help Topps Tiles expansion
Topps Tiles will use funds raised from a proposed placing of 17.1 million shares, equivalent to 10% of its existing capital, to refocus on UK expansion as consumer confidence returns to the home sector.
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NewsDreams targets Yorkshire in store expansion
Dreams has embarked on an expansion plan to open 40 shops over the next two years.