All Home & DIY articles – Page 211
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NewsSCS set to forge ahead with new stores despite trading slowdown
Sofa retailer SCS is pushing ahead with store expansion plans despite a slowdown in trading last month.
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Williams-Sonoma Q4 net revenues up 9.7% to £740m
Home furnishings retailer Williams-Sonoma has reported net revenues in its fourth quarter increased 9.7% to $1.2bn (£740m), including internet net revenue growth of 27.2% and a like-for-like sales increase of 5.2%.At the company’s mail order unit, Direct-to-customer (DTC), net revenues increased 17.3% to $466m (£287m), primarily driven by the Pottery ...
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Hornbach Holding net sales grow 5.7% to £2.6bn
DIY operator Hornbach Holding has revealed net sales growth of 5.7% to E3.02bn (£2.6bn) for the financial year ended February 28.DIY store division Hornbach-Baumarkt-AG achieved growth of 5.6% year on year. Builders material wholesale division Hornbach Baustoff Union increased its net sales by 8.4% to a still marginal E180m (£158m).
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NewsMarks & Spencer strikes design partnership with Sir Terence Conran
Marks & Spencer has struck a partnership with legendary designer and retailer Sir Terence Conran to produce an exclusive home collection.
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NewsKingfisher profits up 23%
DIY giant Kingfisher has reported full-year pre-tax profits up 23% to £670m and said it will ramp up expansion and continue to focus on value for shareholders through the priorities of management, capital and returns.
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NewsNext posts profit rise and warns that retail landscape has been transformed
Fashion giant Next has reported record profits but warned that the retail landscape has fundamentally changed.
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NewsJohn Lewis records 1.8% fall in weekly sales
Sales at John Lewis department stores fell last week as the retailer came up against tough comparatives.
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NewsPoor weather conditions hit Flying Brands’ profit
Multichannel retailer Flying Brands reported a fall in full-year group pre-tax profit as poor weather hampered its core gardening and flowers business during crucial trading periods.
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NewsManagement behind deal for Allied Carpets
Allied Carpets operations director Dean Weston is understood to have led Savana Trading’s purchase of the retailer, which was completed on Monday.
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NewsWorld of Sofas bought in pre-pack deal by management
World of Sofas, the sofa chain set up by Land of Leather founder Paul Briant, has been bought out of pre-pack administration by its management team, led by Briant.
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NewsFocus strikes deal to keep monthly rents
DIY group Focus has won agreement from most of its landlords to carry on paying monthly rents from the end of this month.
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NewsCarpetright shuts Ireland stores after steep sales fall
Carpetright has become the second high-profile UK retailer to close stores in Ireland over the past two weeks as retail sales continue to plummet in the country.
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NewsJohn Lewis reports half-term sales lift
Sales at department store chain John Lewis rose 7.2% to £54m last week, when the retailer benefited from the half-term holiday south of the border.
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NewsBensons Beds boss to step down from role
Bensons for Beds managing director Bill Carrahar is to step down from the retailer after five years in the role.
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NewsWickes online sales up 70% as it upgrades site
DIY retailer Wickes has increased the value of its online sales by 70% in the past year after introducing a range of initiatives on its website.
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NewsTile Depot planning another 15 shops
Tile Depot wants to double its store portfolio over the next two years after increasing its warehouse capacity.
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NewsB&Q to invest £35m in multichannel operations
Market leading DIY retailer B&Q is to spend £35m improving its online business.
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NewsFocus offloads 6 stores to Asda
DIY chain Focus has offloaded six stores to supermarket Asda in a bid to raise funds.
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NewsCity lukewarm on the outlook for retail
As pressure continued to bear down on general retail stocks, Nomura and Espirito Santo issued notes assessing prospects.
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NewsNew Dunelm boss maps out plan for expansion
Dunelm’s new chief executive Nick Wharton will focus on store roll-outs and multichannel operations as he seeks to further grow the business.