All Home & DIY articles – Page 2
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News
Tapi has turned a profit for the first time outside of the pandemic
Tapi has turned a profit for first time outside of the Covid-19 pandemic, despite shoppers’ subdued appetite for big-ticket home improvements.
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News
Dobbies plans to close a raft of garden centres, risking hundreds of jobs
Dobbies will close unprofitable locations, exit the Little Dobbies format and make hundreds of staff cuts as the retailer seeks to navigate out of financial difficulty.
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News
Dreams sales climb following a record investment in store and tech upgrades
Dreams has recorded a sales boost following record store, tech and supply chain investments as part of its modernisation programme.
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News
DFS has swung to a loss as shipping delays and interest rate rises take their toll
Furniture retailer DFS has swung to a loss, blaming ongoing shipping delays in the Red Sea and the effects of higher interest rates on borrowing.
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News
Oliver Bonas profits have dipped as shoppers tighten belts
Fashion, jewellery and homewares retailer Oliver Bonas has reported rising sales but declining profits for the 2023 financial year as it battles soaring inflation and “subdued discretionary consumer spending”.
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Opinion
‘John Lewis ad has started a conversation, but I’m not sold just yet’
The splash made by John Lewis’ new advert is testament to the retailer’s influence, but it needs to be easier for people to understand the message, believes Kantar’s Lynne Deason
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Analysis
Four must-see charts from the Next half-year results
For the time-poor, Retail Week has extracted four of the most interesting charts from today’s Next results that help paint a picture of what to expect
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News
Carpetright customers owed £8m in outstanding orders
Carpetright owes nearly £8m in outstanding orders to 21,000 customers with the majority of them expected not to be refunded, the company director’s statement of affairs revealed.
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News
Ikea is piloting ‘next generation’ lockers in a tie-up with Tesco
Home goods and furniture giant Ikea has launched a trial of “next generation” lockers in Tesco stores.
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News
John Lewis losses have narrowed as it remains on track to deliver higher full-year profits
John Lewis Partnership has reported growth in sales and reduced losses in the first half of the year as it remains on track to deliver “significantly higher profits” in 2024.
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News
Dunelm has gained more ground on John Lewis in homewares market share
Dunelm has put more space between itself and John Lewis in the league table of homeware market share.
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Analysis
SWOT analysis: As Dunelm’s sales keep growing, what are its strengths and weaknesses?
Dunelm delivered healthy sales growth despite operating within a subdued homeware sector, but how has it managed it? Where should it focus to find future growth, and what might be standing in the way of its success?
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News
Dunelm has recorded a rise in sales and profits
Homewares retailer Dunelm has reported an increase in sales and profits boosted by a growth in volume, despite an overall “softer market”.
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News
Wickes’ retail arm has continued to grow despite profits declining
Wickes has hailed the growth of its retail business despite profits declining during the first half and it not being “immune” from design and installation market struggles.
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News
The Cotswold Company sales have climbed despite the home and furniture slowdown
Sales at The Cotswold Company swelled by 15% for the first half of the financial year thanks to a step up in digital marketing and increased demand for “made-to-last” furniture.
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Data
Ranking: The UK retailers with the highest global sales
Thanks to data collected by our sister brand Retail Navigator by Lumina Intelligence, Retail Week can reveal the UK retailers with the highest international sales, and how they stack up against one another.
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News
John Lewis will revive its famous ‘Never Knowingly Undersold’ promise
Department store business John Lewis is to bring back its famous price pledge – ‘Never Knowingly Undersold’ – and apply it to online rivals too.
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News
M&S turns to AI and social media spending to boost sales and attract Gen Z shoppers
Marks & Spencer is ramping up its growth strategy with an “accelerated pace of change” across digital, data and tech as it uses AI and social media spending to attract younger shoppers.
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Analysis
How Boots, B&Q, Next and John Lewis are leading the retail generative AI revolution
Few technological advancements in recent years have generated more news coverage than the advent of generative AI. For all the science-fiction headlines, though, several big retail names are already leading the way when it comes to adoption
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News
Dobbies likely to seek rent cuts as restructuring advisers drafted in
Garden centre group Dobbies is working on restructuring proposals that may lead to store closures and rent reductions.