All Home & DIY articles – Page 172
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NewsDFS reports record profits
DFS enjoyed record profits last year as EBITDA rose 2.5% to £82m despite a fall in sales.
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AnalysisAnalysis: Homewares retailers move with the times
The homewares and furniture sector has faced trying times, and difficult trading conditions have hit retailers unprepared for change. Anna Richardson Taylor speaks to those who see opportunities for innovation and growth.
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NewsGovernment postpones business rates revaluation to 2017
The Government has been accused of delivering a “further blow to the country’s struggling high streets” by postponing the revaluation of business rates from 2015 to 2017.
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InterviewQ&A: Matalan chairman Allan Leighton
Former Asda chief executive and value fashion chain Peacocks chairman Allan Leighton tells Retail Week about his new role as chairman of value fashion and homewares retailer Matalan, which sits alongside his chairmanships at footwear retailer Office and Danish jewellery company Pandora
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NewsKingfisher boss Ian Cheshire calls for responsible retailing
Kingfisher group chief executive Ian Cheshire has called for large companies to do more to restore faith in business’ contribution to society.
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NewsLike-for-likes inch up at Carpetright
Carpet and floor coverings specialist Carpetright’s like-for-likes edged up 0.6% in its second quarter.
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AnalysisAnalysis: Ten problems the weather is creating for retailers
The last five years have seen global and UK weather patterns start to change. What impact is this having on the retail industry?
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NewsHomebase ad banned for 'misleading' shoppers
The Advertising Standards Authority has banned an advert created by DIY retailer Homebase after it concluded it was “misleading” shoppers over promotions.
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NewsB&Q sublets store to Asda as part of multichannel overhaul
DIY giant B&Q is set to launch a series of multichannel initiatives next year including kiosks and an overhauled website as it sublets store space for the first time to Asda as part of its plan to reduce its footprint as multichannel sales grow.
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NewsLike-for-likes slip at Wickes
Travis Perkins’ retail division, which largely comprises Wickes, posted a 7% slump in like-for-likes for the third quarter to September 30 as trade was disrupted by the Olympics and wet weather.
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News
Ikea Italy sales fall 2.6%
Sales at Ikea Italy fell 2.6% to e1.6m (£1.3m) in the year ended August 30, the retailer’s first ever year-on-year decline since entering Italy in 1989.Ikea has 20 stores and more than 46 million visitors annually. It plans to invest e400m (£322m) over the next three years in new openings ...
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GalleryIn pictures: John Lewis' first small department store, Exeter
John Lewis will open its first small department store in Exeter on Friday.
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NewsM&S boss Marc Bolland urges Government to give more support to high streets
Marks & Spencer chief executive Marc Bolland has said high streets need more Government support if they are to survive.
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NewsGarden Centre Group boss Nicholas Marshall exits
Garden Centre Group chief executive and veteran of the industry Nicholas Marshall has stepped down from his post after four years.
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NewsB&Q makes 15% of head office staff redundant
DIY giant B&Q is making 15% of its head office staff redundant as it restructures to create a more “customer focused, agile, omnichannel retailer”.
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NewsClothing drives September retail sales rise
UK like-for-like retail sales jumped 1.5% last month as shoppers splashed out on winter wardrobes.
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NewsUnited Carpets bought in pre-pack administration deal
A parcel of 73 United Carpets stores have been bought out of pre-pack administration.
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AnalysisAnalysis: Exploring the challenges of retail acquisitions
Over the past year a number of acquisitions have been made by retailers. Liz Morrell explores the challenges of the deals and subsequent integration.
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NewsDunelm like-for-likes up 3%
Value homewares retailer Dunelm’s like-for-likes rose 3% in the first quarter as it grew share.
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AnalysisIn pictures: What are the new season visual merchandising trends in Paris?
While London’s retailers greet the new season with a wave of discounting, in Paris the value message is much more muted.