All Home & DIY articles – Page 246
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NewsSigns of improvement for big-ticket retailers
There were indications of improved prospects among hard-pressed big-ticket retailers as Home Retail Group and Kesa issued updates and Carpetright held its AGM.
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NewsDunelm to double openings in 2010 but remains cautious
Dunelm chief executive Will Adderley said the value homewares retailer intends to double store openings over the next year compared with last.
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NewsKingfisher profits climb
B&Q owner Kingfisher reported that measures to improve its UK and Ireland business were paying off after it reported a 35% rise in half-year profits.
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NewsDunelm sales recovery in the second half
Value homewares retailer Dunelm has reported pre-tax profit is up 6.8% to £52.5m in its full year results, helped by a strong sales recovery in the second half.
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NewsSales growth slows in London
Retail sales growth in London hit its lowest levels for four years with like-for-like sales in August dropping 5.9% for the month.
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NewsRefinancing repesents ‘new beginning’ for Robert Dyas
Hardware retailer Robert Dyas has launched a 100-day invigoration programme after striking a refinancing deal.
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NewsNew chair for Robert Dyas as debt deal nears
Hardware retailer Robert Dyas has lined up former Kingfisher director Geoff Brady as chairman and is concluding a debt-for-equity swap as it refocuses on trading following financial restructuring.
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NewsOptimism and merger talk send shares flying
Sunnier economic signs and excitement generated by some potentially massive mergers pushed the FTSE 100 to a new high for the year on Tuesday.
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NewsStrong UK trading drives Kingfisher’s first-half profits
B&Q parent Kingfisher revealed better than expected pre-tax profit figures this week for the six months to August 1, driven by a strong performance in the UK.
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NewsCarpetright's Lord Harris confident that trading conditions are improving
Carpetright chairman and chief executive Lord Harris has reaffirmed his belief that trading conditions are improving.
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NewsCash focus keeps Home Retail profitability on track
Home Retail Group has revealed better-than-expected second-quarter sales at Argos and Homebase.
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NewsSales success for Laura Ashley
Laura Ashley has reported a 6.3% gain in half-year group sales to £127.8m, with increases across all product categories.
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News‘Recovery hopes premature’ as August UK retail sales fall
UK retail like-for-like sales fell 0.1% in August as shoppers stayed away from the high street due to very wet weather, casting doubt on early economic recovery hopes.
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NewsKingfisher forced to reveal profits
B&Q owner Kingfisher has revealed adjusted pre-tax profits for the six months to August 1 will be between £285m and £290m.
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NewsHomewares sales recovery sustained in August
An improvement in homewares sales in July carried through into August, the BDO Stoy Hayward High Street Sales Tracker showed.
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Ikea intends to resume planning for expansion in Russia
Furniture giant Ikea has said that it intends to resume planning for expansion in Russia. The change of heart comes after the retailer won a two-year bureaucratic battle to open a mall in the southern city of Samara.Head of Ikea Russia Per Kaufmann believes that the main stumbling blocks are ...
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NewsÇilek to open third UK store
Turkish bespoke children’s bedroom furniture and accessories retailer Çilek is to open its third UK store as it sets out expansion plans for the UK.
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NewsBlinding light bulb sales as ban sparks hoarding
Sales of incandescent light bulbs have shot through the roof as shoppers stock up in the wake of the European ban, brightening up DIY retailers’ trade.
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Woolworths-Lowe’s deal signals lift for Australia
Woolworths Australia this week announced plans to move into the DIY sector with a joint venture with Lowe’s, America’s second-largest home improvement chain.