All Home & DIY articles – Page 246
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NewsRetail sales grow in September
UK retail sales grew 2.8% in September on a like-for-like basis, according to the BRC-KPMG Retail Sales Monitor.
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NewsB&Q wins landlord concession to cut rent on seven larger stores
B&Q has secured a 10% reduction in rents for seven of its warehouse-format stores in a deal with landlord British Land.
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NewsHabitat chief puts date on profitability return
New Habitat chief executive Mark Saunders expects to return the furniture and homewares chain to profitability within three years.
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GalleryStore of the week: Estella Cologne, Germany
This is Estella – a name that will be almost totally unfamiliar to British ears as it is a fledgling retailer that has just opened its first store, in Cologne.
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NewsHalfords like-for-likes up 2.2%
Halfords has reported like-for-like sales are up 2.2% in its second quarter and said it is confident it will deliver further profit growth in the second quarter.
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NewsDunelm founder sells 8% stake
Updated: Dunelm founder and life president Bill Adderley has sold a 7.8% stake in the company.
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Robert Dyas plunges into red with £10m loss
Hardware chain Robert Dyas has plunged into the red, posting a pre-tax loss of £10.4m for the year to March 28.
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AnalysisLowe’s curtails expansion as it braces for tough 2010
DIY retailer Lowe’s has followed in the footsteps of rival Home Depot by scaling back its expansion plans.
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ScS ramps up advertising to woo shoppers
Sofa retailer ScS has increased its marketing with an ad campaign offering sofas for £10 a month, and upped its ad spend by 25% year on year.
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NewsWickes sales boosted by showroom ranges
DIY retailer Wickes’ like for likes rose 0.7% in the 39 weeks to September 26.
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NewsHabitat takes store at Liverpool One
Furniture and homewares retailer Habitat has signed for a store in shopping centre Liverpool One.
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NewsLaura Ashley finance chief quits
Laura Ashley has said its chief financial officer and company secretary is to resign from the furniture and homeware retailer for personal reasons.
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NewsB&Q tests new trade offer
B&Q is trialling an in-store trade offer called Trade Point in four stores as it seeks to maximise synergies with sister chain Screwfix.
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NewsHabitat launches Europe marketing capaign with Helena Christensen
Furniture and homewares retailer Habitat is launching a marketing campaign across Europe featuring supermodel Helena Christensen.
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NewsB&Q launches £20m price offensive
DIY giant B&Q has announced what it described as its biggest-ever Autumn price investment.
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NewsCBI: UK economy to emerge from recession in Q3
The UK economy is expected to emerge from recession through modest growth in the third and fourth quarters of this year, but constraints on demand will mean that growth in 2010 is fragile, according the CBI.
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NewsTopps Tiles confirms profit outlook and sees signs of stability
Specialist retailer Topps Tiles expects to report operating profit of between £10.5m and £14m – the range of analysts’ expectations – when it delivers full year results in November.
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NewsOka climbs into the black
Furniture and interiors retailer Oka recorded EBITDA of £53,000 in the calendar year to December 31, 2008, compared with a loss of £1.03m the year before.
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NewsDunelm to double openings in 2010 but remains cautious
Dunelm chief executive Will Adderley said the value homewares retailer intends to double store openings over the next year compared with last.
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NewsSigns of improvement for big-ticket retailers
There were indications of improved prospects among hard-pressed big-ticket retailers as Home Retail Group and Kesa issued updates and Carpetright held its AGM.