All Home & DIY articles – Page 170
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NewsCarpetright eyes Tottenham Court Road store in London push
Floorings giant Carpetright is making a push for the capital as it seeks out smaller high street stores in London.
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AnalysisCarpetright: What the analysts say
Carpetright delivered a pre-tax profit surge to £5.2m in the first half of its financial year against £800,000 in the same period last year but sales fell 1.6% to £189.1m.
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NewsCarpetright profits up despite sales fall
Carpetright has reported an increase in first-half profits despite a fall in sales, which were held back by a poor performance in mainland Europe.
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GalleryStore gallery: Project DIY for Homebase
The retailer has revamped its Ruislip store to include a Habitat shop-in-shop and a decoration inspiration area.
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NewsB&Q trials banking scheme for tradesmen
B&Q is trialing a Government-led scheme to become a bank for small tradesman.
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NewsKingfisher ramps up eco agenda and ups home design advice
DIY giant Kingfisher is to ramp up its eco agenda and give more attention to helping shoppers visualise how to do up their homes after carrying out a European home survey on 15,000 households.
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NewsFormer Dreams director Greg Suthern joins bed specialist
Former Dreams chief operating officer Greg Suthern has taken up the same role at retailer and supplier Studio Moderna Brands International.
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NewsRetail like-for-likes edge up 0.4% in November
UK retail like-for-likes edged up 0.4% year on year in November signalling a nervous wait for retailers ahead of Christmas.
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NewsJohn Lewis achieves record online sales last week
John Lewis sales jumped 9.3% to £124.2m last week, representing the third best week ever at the department store group and its best ever week online.
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Analysis
Kingfisher: What the analysts say
Profits jumped but like-for-like sales fell in the third quarter at B&Q owner Kingfisher. The performance drew mixed reaction from analysts.
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NewsKingfisher group profit drops 5.9% but UK earnings up
Kingfisher group retail profit plunged 5.9% to £257m in its third quarter to October 27, despite UK and Ireland profits advancing.
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News
Foreign Investment Promotion Board deals Ikea India a blow
Ikea’s application to enter the Indian market has been dealt a blow by the government’s Foreign Investment Promotion Board (FIPB), The Economic Times reported.The FIPB, which approved the retailer’s application last week, has blocked Ikea from setting up its Swedish food markets or restaurants within its stores. FIPB ruled that ...
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InterviewQ&A: Topps Tiles chief executive Matt Williams
Topps Tiles revealed a fall in profits despite a sales uplift in its full year, both of which were inline with expectations. Retail Week talks to Topps Tiles chief executive Matt Williams and chief financial officer Rob Parker about attracting a more affluent customer base and improving its online proposition.
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NewsProfits rise at Topps Tiles despite like-for-likes slip
Topps Tiles has shrugged off a difficult start to the financial year to return a £12.5m pre-tax profit after a rapid turnaround in like-for-like sales.
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NewsDreams founder teams up with Lord Harris to line up bid
Dreams founder Mike Clare is lining up a takeover of the bed specialist with a consortium including Carpetright chairman Lord Harris.
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NewsProfits rise at Cath Kidston
Earnings at quintessentially British fashion and homewares specialist Cath Kidston surged last year, powered by higher sales at home and abroad.
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NewsJoules mulls stake sale to fund expansion
Fashion and homewares retailer Joules is considering selling a minority stake in the business to fund expansion.
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NewsFlying Brands leases its last asset
Flying Brands has agreed a lease on its Retreat Farm property in Jersey, which is its last significant asset.
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NewsIkea 'regrets' using forced labour
Ikea has admitted some of its suppliers used political prisoners as forced labour in East Germany under the Communist regime.
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NewsDwell founder Aamir Ahmad steps down as managing director
Furniture retailer Dwell has appointed a new managing director, replacing founder Aamir Ahmad who has stepped down from the role.