All Home & DIY articles – Page 203
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NewsAllders goes national again with website
Department store Allders launched a transactional website this week, which chief executive Andrew MacKenzie said could turn over more than its high street store in the next three years.
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OpinionPrivate equity still has an eye for retail
The £533m acquisition of Jimmy Choo by Labelux is the latest of a stream of retail M&A transactions to successfully complete since the credit markets reopened.
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NewsMatalan posts quarterly sales fall
Value fashion group Matalan has posted a quarterly sales decline and warned that trading conditions remain tough, despite an uptick in July.
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NewsUnited Carpets posts level profits
United Carpets aims to increase its market share in core categories after holding profitability last year.
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NewsWhite Company EBITDA rockets as boss prepares to step down
Fashion and homewares retailer White Company has defied the economic gloom to post a better than expected 37% surge in EBITDA to £10.7m in the year to March 27.
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NewsReturn to sales growth puts Dunelm on course
Value homewares retailer Dunelm expects full year profit to be in line with expectations after revealing like-for-like growth improved in the fourth quarter.
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OpinionFrom crisis comes opportunity
The retail collapses of the past few weeks were sad news for those losing their jobs, but the focus on failure meant the bigger picture was obscured: crisis for one means opportunity for others, and good quoted retailers are seizing it.
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NewsGeneral retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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NewsDreams appoints Steve Johnson as chairman to navigate downturn
Bed specialist Dreams has hired former Woolworths boss Steve Johnson as chairman, replacing John Clare, who is retiring from the retailer.
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NewsTopps Tiles sales dip in third quarter
Topps Tiles like-for-likes declined 1.9% in the 13 weeks ended July 2.
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NewsBoots' Tim Stacey joins DFS in new online role
Sofa giant DFS has appointed Boots UK’s director of healthcare services and solutions Tim Stacey as its online and business development director.
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NewsCath Kidston poaches Claire's Stores boss to be chief executive
Quintessentially English fashion and homewares specialist Cath Kidston has named Kenny Wilson chief exective.
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NewsGarden Centre Group sales up 8% in first half
The Garden Centre Group, formally known as Wyevale, has revealed an 8% jump in revenues to £152m in the six months to June 30.
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NewsHilco sells Habitat European arm to Cafom Sa
Habitat’s European business has been sold by Hilco to Cafom SA, a French international home furnishings retailer.
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NewsWeekly sales fall at John Lewis
Sales at department store chain John Lewis tumbled 3.4% last week but the year-on-year comparison was muddied by the timing of its Sale.
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News
Hornbach reports sales increase
Home improvement retailer Hornbach said consolidated sales for the first three months of the financial year to May 31 rose 11.1% to E918.1m (£795m). Net income for the period rocketed by 30.6%. Sales at the 92 DIY stores in Germany grew by 10.7% overall, and by 7.7% on a like-for-like ...
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AnalysisEdinburgh Woollen Mill
The unassuming woollens and knitwear retailer recently caught the headlines by snapping up the Jane Norman brand, but its history shows it is no stranger to acquisitions
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NewsHomebase interested in failed Moben and Dolphin
Homebase is mulling acquiring some of the Homeform brands that collapsed into administration on Wednesday.
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OpinionCompetition system needs flexibility
The OFT needs to be allowed to take a broader view when making decisions, says Ian Cheshire
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News20 stores a day shut by multiples, report says
Multiple retailers closed 20 stores a day on average between January and May as they slashed costs amid punishing trading conditions.