All Home & DIY articles – Page 257
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News
BrightHouse sales up as consumers opt to rent
Rent-to-buy electricals and furniture specialist BrightHouse has revealed underlying revenue increased 13.5 per cent in the 13 weeks to December 28.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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News
Habitat poaches chief from Levi’s
Levi Strauss Europe vice-president of retail Mark Saunders has been appointed chief executive of furniture and homewares chain Habitat.
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News
Homebase in talks with restructuring specialists
Home Retail Group has approached restructuring specialists to review the store portfolio of its DIY chain Homebase, according to The Times.
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News
Land of Leather gets strong sale interest
Land of Leather has this week received 14 expressions of interest for its business and stores after the furniture retailer collapsed into administration on Monday.
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Opinion
Pre-pack abuse needs to end
Retailers face many injustices, some real, others perceived. But they don’t come much bigger than this. One of your biggest rivals – which has been in administration and then bought out – has a store on a major high street. And you’re paying their rent.
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News
Argos and Homebase sales fall further
Home Retail Group has revealed a 7.5 per cent like-for-like sales decline at Argos in the 18 weeks to January 3, while its sister DIY chain Homebase suffered a 10.2 per cent fall.
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News
The White Company begins consultation period with staff
Upmarket homewares retailer The White Company has begun a consultation period with its employees.
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News
Allied Carpets in sale talks with Hilco
Allied Carpets has held preliminary talks with restructuring specialist Hilco over a potential sale.
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News
B&Q pulls Olympics sponsorship
DIY retailer B&Q has terminated its sponsorship deal with the British Olympic Association because of the global economic downturn.
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News
Topps Tiles like-for-likes plummet
Topps Tiles’ like-for-likes plummeted 18.1 per cent in the 13 weeks to September 28, 2008.
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News
Habitat appoints group chief executive
Levi Strauss Europe vice president of retail Mark Saunders has been appointed chief executive of Habitat.
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News
Land of Leather suspends shares
Land of Leather has suspended its shares on the London Stock Exchange.
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News
Retailers to press ahead with global plans despite downturn
Retailers are set to plough on with international expansion in 2009, despite being forced to curtail some plans in order to make short-term cost savings, according to retail experts.
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News
Dunelm still confident despite turmoil in homewares sector
Homewares retailer Dunelm posted a 5.6 per cent drop in like-for-like sales for the 26 weeks to December 27 but insisted it is in “very robust shape” to weather the downturn.
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News
Sofa Workshop on brink of administration
Sofa Workshop is teetering on the brink of administration as it faces financial difficulties in the tough economic climate.
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News
Wyevale's Andrew Livingston to join Screwfix
Andrew Livingston is leaving Wyevale to join DIY chain Screwfix as its commercial director.