All Home & DIY articles – Page 127
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NewsShop price deflation accelerates in September and is set to continue
Shop price deflation accelerated to 1.8% in September from 1.6% in August, as retailers recorded historically low levels of price increases which are set to continue.
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OpinionComment: Ohlsson can bring some Ikea magic to troubled Tesco
Former Ikea boss Mikael Ohlsson is swapping flat-pack furniture for the fruit and veg aisle, as a newly appointed non-exec director of troubled grocer Tesco.
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AnalysisIn the news: Tesco non-execs Richard Cousins and Mikael Ohlsson profiled
Tesco has brought in two new non executive directors to help steady the ship. Retail Week takes a closer look at their careers to discover what they will bring to the beleaguered grocer.
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NewsKingfisher comms boss Ian Harding flies off into the sunset
Kingfisher’s long-serving group communications director has revealed his intention to step down next year, for unconventional reasons.
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NewsIkea pays customers compliments with motion-sensing mirror
Ikea is testing an interactive ‘motivational mirror’ to provide people with positive reinforcement, with messages including “suits you sir”.
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NewsInfographic: John Lewis sales surge 14.9% thanks to price match activity
John Lewis sales surged 14.9% to £80.2m in the week to September 27 as its price matching activity drove strong trade.
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NewsDunelm like-for-likes jump 8.9% helped by weak comparatives
Homewares retailer Dunelm’s like-for-likes jumped 8.9% in its first quarter helped by weak comparatives during last year’s heatwave.
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NewsBreakfast briefing: Retail news on Sports Direct, Debenhams, John Lewis Partnership and Ted Baker
Retail news round-up on October 3, 2014: Sports Direct ups Debs stake, John Lewis’ sales surge, Dunelm sales soar, Ted Baker expands into tall and cycling clothes.
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NewsFurniture Village swings back to pre-tax profit after realigning margins
Furniture Village has swung to a pre-tax profit of £1.6m for the year following a loss last year, on the back of improving margins.
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NewsWRC: John Lewis boss rules out overseas stores as he invests in changing UK market
John Lewis managing director Andy Street has ruled out opening stores abroad in order to invest in navigating a changing UK market.
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NewsConsumer confidence in stasis as growth in GDP fails to rub off
Consumer confidence has dropped in September as people failed to feel better off despite the UK’s growth in GDP, according to GfK.
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NewsWRC: Distinctive product and the right model is key to global success, says Cheshire
Distinctive product and getting the model right is the key to global expansion, said Kingfisher chief executive Sir Ian Cheshire.
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AnalysisIn the news: Made.com co-founder and chief executive Ning Li
Young entrepreneur Ning Li was in his mid twenties, working as an investment banker, when he had an epiphany that led him to create Made.com.
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NewsMade.com's sales surge 68% as international roll-out gathers pace
Made.com’s sales surged in its last financial year on the back of rapid web traffic growth and international launches in France and Italy.
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GalleryIn pictures: Hermes Retail Week Supply Chain Awards winners
The Hermes Retail Week Supply Chain Awards 2014 recognise innovation and excellence in the retail supply chain.
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NewsInfographic: Fashion sales fall at John Lewis as weather puts off shoppers
Department store John Lewis’s clothing sales plunged 6.9% last week as the warm weather put people off buying autumn stock.
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NewsRetail sales well above average in September despite grocery fall, says CBI
Retail sales were well above average for the time of year in September as department stores and furniture retailers performed strongly, according to the CBI
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NewsDreams forecasts return to profit as it eyes brand extensions
Dreams is confident it can turn a profit this financial year after reporting a loss in its most recent trading period.
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NewsHouse of Fraser first-half EBITDA grows as online and own brand power sales
House of Fraser adjusted EBITDA rose from £7.5m to £8.6m in its first half as online and own-brand growth drove a 4.2% uplift in like-for-likes.
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NewsTopps Tiles expects annual pre-tax profit to surge 30%
Topps Tiles expects pre-tax profit to have surged 30% in the current financial year owing to its “relentless” focus on growing market share.