All Home & DIY articles – Page 275
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MFI in emergency talks with landlords
MFI is reported to be in emergency talks with landlords over the future of its rental terms.
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ScS to embark on ad offensive in autumn push
Furniture retailer ScS is to launch its first TV and press ad campaign since being bought out of administration by Sun European Partners in July.
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Cabot Circus opening puts Bristol on the map
Cabot Circus – the 1.5 million sq ft mixed-use retail and residential scheme in the heart of Bristol – opened yesterday.
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Topps tiles: The city view
Topps Tiles revealed like-for-likes have plummeted 13.1 per cent in the past eight weeks, but the specialist retailer has managed to renegotiate its loan covenants.
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B&Q initiative a hit as Kingfisher profits leap
Kingfisher-owned DIY giant B&Q is reaping the benefits of a scheme to improve store standards, having cut gaps on shelves by 25 per cent.
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John Lewis furniture supplier Willis and Gambier in adminstration
Willis and Gambier, one of John Lewis's furniture suppliers, has gone into administration.
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Sales fall for majority of retailers
Sales have fallen for the majority of retailers on the high street, with no respite in sight for October.
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Laura Ashley profits climb as like-for-likes slip
Homewares and fashion retailer Laura Ashley has revealed its profit before tax and exceptionals has increased 13 per cent to 4.5 million, but like-for-likes have slipped.
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Topps Tiles hit as home improvement demand falls
Topps Tiles has announced a further deterioration of sales as demand for home improvement items falls.
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Macy’s to make overseas debut in Dubai
US department store chain Macy’s is to make its overseas debut with the launch of its Bloomingdale’s chain in Dubai.
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Carpetright cautious on full-year trading
Carpetright has warned that it remains cautious about expectations for the full financial year.
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Carpetright cautious on full-year trading
Carpetright has warned that it remains cautious about expectations for the full financial year.
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MFI 'seeks emergency funding'
MFI parent company Merchant Equity Partners (MEP) has appointed Argyll Partners to find new investors that can pump money into the company as a matter of urgency.
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Kingfisher to move HQ abroad
B&Q owner Kingfisher is considering moving headquarters out of the UK in an effort to save money.
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Kingfisher to move HQ abroad
B&Q owner Kingfisher is considering moving headquarters out of the UK in an effort to save money.
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Financial turmoil set to add to retailers’ woes
Intense turmoil in the financial markets precipitated by Lehman Brothers’ collapse will pile pressure on retailers’ finances, bankers have warned.
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DFS culls staff to weather economic storm
DFS has axed about 100 jobs including head office, production and store roles.
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Dunelm: the city view
Value homewares retailer Dunelm was one of the week’s winners after posting strong prelims.
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Home Retail’s first-half slump lowers forecasts
Analysts took their red pencils to Home Retail forecasts after the downturn took a toll on Argos and forced the write-down of DIY chain Homebase’s carrying value.
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Home Bargains cashes in on downturn as profits surge
Value retailer Home Bargains has recorded a 17 per cent leap in operating profits to 34.7 million in its full-year results as cash-strapped shoppers flock to its stores in search of cheap buys.