All Home & DIY articles – Page 222
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NewsGrowing pains at TK Maxx blamed for tumbling profits
TJX Companies, the US parent of off-price retailer TK Maxx and homewares chain HomeSense, has blamed the poor second quarter performance of its European business on operations in the UK and Ireland.
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NewsFlying Brands acquires online gardening business
Home shopping group Flying Brands has completed its acquisition of Garden Centre Online, it said today.
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News
Rona Q2 sales rise 2.1%
Home improvement retailer Rona has reported that consolidated sales rose 2.1% in the second quarter to reach C$1.4bn (£863.1m). Net earnings rose 12% to C$67.8m (£41.8m). Corporate and franchised stores’ sales were reported to have been strong in the early part of the quarter due to the gathering pace of ...
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NewsRetailers in Scotland suffer worst like-for-like slide in 10 years
Retail like-for-likes in Scotland suffered their worst fall in 10 years during July - with the exception of April this year because of Easter distortions - when they slipped 1.4% year on year. Total sales advanced 0.8% in the month - the weakest growth since April 1999.
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AnalysisPaula Nickolds
John Lewis home buying director Paula Nickolds answers questions about her career in retail.
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NewsMark Elliot’s new owner reveals plans for rapid store expansion
The new owner of handmade furniture retailer Mark Elliot is preparing to press ahead with ambitious expansion plans for the chain, which could result in the number of stores doubling within months.
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GalleryThe Danish Tiger roars into Croydon
Variety retailer Tiger has set itself apart from the competition with a simple but effective design. John Ryan visits its Whitgift Centre store
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NewsUnited Carpets warns positive results will be hard to replicate
Floorings specialist United Carpets posted full-year results ahead of expectations but weaker current trading led to downgrades of this year’s profit forecasts.
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OpinionRetail surgery: Can we compete with the biggest retailers when it comes to marketing ourselves on our sustainability policies?
Can we compete with the biggest retailers when it comes to marketing ourselves on our sustainability policies?
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NewsMultiyork appoints Indira Thambiah as chairman
Privately owned furniture group Multiyork has appointed former Argos multichannel chief Indira Thambiah as its new executive chairman.
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NewsFlying Brands turnaround continues apace
Home shopping group Flying Brands is confident that renewed focus on its core gardening and gifts offer and a push for more online sales will strengthen the business as it continues with its turnaround.
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NewsUnited Carpets full year profits rocket while current trading weakens
Floorings retailer United Carpets pretax profits soared 84.5% to £1.1m in the year to March 31, although current trading has weakened.
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NewsJohn Lewis first-half sales growth of 15% unlikely to be sustained says Andy Street
Sales at department store chain John Lewis rose 14.9% in the first half, or 12.6% excluding VAT.
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NewsMorrisons runs pilot for expanded homewares
Morrisons is piloting an expanded homewares range in the Thornbury store near to its headquarters in Yorkshire under the name Your Home.
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GalleryNext Home: The Next chapter in homewares
Next Home’s new format store is a case of evolution rather than revolution, but that doesn’t make it a bad store, says John Ryan
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NewsWickes predicts tough times ahead for big-ticket market
DIY retailer Wickes anticipates a punishing big-ticket market for years to come as consumer confidence dips and the outlook for mortgage approvals is weak.
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NewsFurniture chain Mark Elliot rescued from administration
Furniture chain Mark Elliot has been bought out of administration by investor SKG Capital.
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NewsCarpetright remains cautious as Q1 sales drop
Flooring giant Carpetright has revealed a 2.5% decline in group sales in the 13 weeks to July 31.
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AnalysisSteven Round
He may have bought Robert Dyas back from the brink but the hardware chain boss tells Nicola Harrison why he’s more than just a turnaround specialist
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NewsKingfisher focus on profits over sales welcomed
Kingfisher’s focus on profits over sales growth has been welcomed by analysts following a sales dip.