All Home & DIY articles – Page 166
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NewsNext full-year profits soar 9% as new year gets off to slow start
Next pre-tax underlying profit jumped 9% to £622m over the year against a 3.1% sales jump, however, the new year has got off to a slow start.
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News
Adeo claims 2012 results make it European DIY leader
Adeo has claimed its 2012 results now make it the European DIY leader, ahead of UK-based Kingfisher, which announces its 2012 results later this month.The owner of the Leroy Merlin banner reported that sales rose 8.3% to E14.9bn (£12.76bn) for the year, driven by a 3.4% rise in like-for-like sales. ...
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NewsWaitrose launches gardening range in bid to be 'serious' player in category
Waitrose is this week launching a gardening range as it aims to become a “serious” retailer in the category.
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NewsJohn Lewis sales increase 14% in the run-up to Mother's Day
John Lewis records “another huge week” as sales at its department stores climbed 14% last week in the run-up to Mother’s Day
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NewsArgos like-for-likes rise 5.2% as tablets drive sales
Argos like-for-like sales jumped 5.2% in the eight weeks to March 2 as sales of tablet devices drove a strong performance.
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NewsFeather & Black boss Adam Black steps down
Beds retailer Feather & Black’s managing director Adam Black has stepped down to “pursue other opportunities” leaving the retailer without either of its founders.
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NewsBedtime story of Dreams’ original sale
Dreams’ founder and former chief executive Mike Clare might have been disappointed to have lost out on buying back the beds and furniture retailer - that he sold in 2008 - last week.
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NewsVideo: John Lewis to invest a record £200m as it plots overseas expansion
Department store John Lewis is to invest a record £200m in its business this year as it plots overseas expansion.
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NewsIkea UK profits down as it invests to grow its market share
Ikea UK profits fell last year as the retailer invested in shopper experience to stay ahead in the tough big ticket market.
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NewsDreams founder Mike Clare vows to launch new 200-store beds business
Dreams founder Mike Clare has vowed to start up his own beds retailer by the summer after failing to buy back the business last night
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NewsIkea partners with Marriott to launch budget hotel venture
Swedish furniture giant Ikea is to open a string of budget hotels across western Europe and has teamed up with hotel giant Marriott International to support the venture.
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NewsFood price inflation reaches lowest point in five months
Food price inflation fell to a five-month low last month as upward pressure from rises in wheat and corn prices in previous months began to ease.
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NewsDreams acquired by Sun European in £35m pre-pack administration deal
UPDATED: ScS-owner Sun European last night acquired beds giant Dreams in a pre-pack administration deal for £35m, Retail Week has learned.
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AnalysisAnalysis: What do the BRC figures tell us about the retail market?
The BRC reported an unexpected 2.7% rise in the value of retail sales in February today, representing the fastest growth since December 2009. Retail Week looks at the implications for the market.
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NewsHomewares retailer Textiles Direct heads for administration
Homewares retailer Textiles Direct is understood to have filed a notice of intention to appoint an administrator, putting 400 jobs at risk.
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NewsHalf-term and cold weather drives John Lewis sales up 17%
Sales at department store John Lewis rocketed 17.2% to £63.3m in the week to February 23, as half-term and cold weather helped to boost performance.
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AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
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NewsFormer Tesco US boss Tim Mason poised for UK retail return
Former Tesco US boss Tim Mason is in advanced talks to join Sun European, one of the front runners to buy up-for-sale retailer Dreams.
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NewsJohn Lewis to invest £57m in store refurbs over next two years
Department store John Lewis is to invest £32m in an “extensive” refurbishment programme across four shops in the next two years, including its flagship on London’s Oxford Street.
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NewsUnited Carpets' share suspension lifted after administration
United Carpets Group has relisted its shares after a controversial pre-pack administration in which the company acquired its assets back from the administrators.