All Home & DIY articles – Page 283
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AnalysisHomeSense: No-nonsense format could do well in tough times
The arrival of TJX’s HomeSense in the UK might appear untimely, but the no-nonsense format could do well in tough times. John Ryan samples the latest addition in Bristol
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NewsFocus to shrink 40 stores in turnaround plan
DIY retailer Focus is to downsize approximately 40 of its 176 stores as chief executive Bill Grimsey steers the business into the next phase of its recovery plan.
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News
ONS retail sales growth slows
Sales volume growth has slowed over the past three months as the household sector reported the largest fall in sales volumes for three years.
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News
Conran Shops poaches Natuzzi boss to be MD
Conran Shops has appointed former Natuzzi boss Nick Moore as managing director.
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News
Hunter to sell Dobbies stake to Tesco
Grocery giant Tesco aims to take full control of AIM-listed garden centre group Dobbies, in which it has a 65.5 per cent stake.
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News
Feather & Black plans to open 50 new-format mattress shops
Furniture retailer Feather & Black is to shake up the bed market by rolling out a new-format store selling its adjustable mattresses.
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Opinion
Will £1bn profit bring M&S joy?
The old retail adage that you’re only as good as last week’s sales isn’t quite right. Any quoted retailer is only as good as next year’s forecasts.
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News
OKA has designs on rapid growth
Furniture and interiors retailer OKA is seeking to open up to 20 stores in the next three years, as it bucked the downturn to post a 28 per cent increase in like-for-like sales for the 13 weeks to March 29.
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News
Tough market claims Habitat’s Irish stores
Habitat’s franchise partner in the Republic of Ireland has been forced to close its two stores because of a “severe downturn in sales”.
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News
New lows for New Heights, but five shops saved
A handful of New Heights stores have been rescued by Sofa Workshop after its sister furniture retailer collapsed into administration this week.
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News
MFI to slash a third of head office and support jobs
Furniture retailer MFI is to axe about a third of its head office and central support staff, as it enters a new phase of its five-year turnaround plan.
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News
John Lewis sales plummet
Sales at John Lewis fell during the spring sunshine, while sales at Waitrose soared.
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News
Sir Tom Hunter fails to halt Dobbies rights issue
Tycoon Sir Tom Hunter has failed in his attempt to halt a rights issue by garden centre Dobbies.
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News
Dobbies refuses Sir Tom Hunter’s order
The board of Dobbies Garden Centres has confirmed that Sir Tom Hunter’s application for an interim order has been refused.
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News
Au Naturale sold to undisclosed buyer
Value homewares retailer Au Naturale has been acquired out of administration by an unnamed buyer.
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News
TK Maxx posts strong sales
TK Maxx's like-for-like sales rose 6 per cent in for the first quarter of this year in Europe.
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News
ScS issues profit warning
Sofa specialist ScS has issued the latest in a string of profit warnings after dire sales over the key bank holiday weekend.
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News
New Heights enters administration
Upmarket furniture retailer New Heights has collapsed into administration, the latest furniture retailer to fall victim to the tough economic climate.
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News
West Coast seeks legal order for Tesco over Dobbies stake
Tycoon Sir Tom Hunter’s West Coast Capital investment vehicle is seeking a legal order forcing Tesco to buy its minority stake in garden centre group Dobbies.
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News
Travis Perkins expects slowdown
Builders’ merchant Travis Perkins has reported turnover for the 17-week period to April 26 up 3.3 per cent in its retail division.