All Home & DIY articles – Page 273
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News
ScS suspends shares
ScS Upholstery has suspended its shares as it enters talks with an external party for a possible buy-out.
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News
Sofa drama nears climax
It is hard to believe that less than three months ago, as he posted interim results, ScS chairman Mike Browne was “confident of a profitable second half”.
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News
Home Retail Q1 stable but tough times ahead
Home Retail Group recorded flat first-quarter like-for-like sales at its flagship Argos chain – ahead of expectations – but warned that the outlook remains challenging.
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AnalysisFrom the ground up: Wyevale reforms recruitment
Wyevale’s staff just weren’t retail-focused when Jim Hodkinson arrived after the 2006 buy-out. He tells Katie Kilgallen how recruitment has been overhauled to get the business in shape
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Analysis
Red light for retail?
While harsh trading persists, retailers such as ScS and Land of Leather are reeling as supplier credit insurance is withdrawn. George MacDonald examines the power of the insurers
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News
Land of Leather close to £18m refinancing deal
Land of Leather was on the verge of an 18 million financial re-upholstering as Retail Week went to press, but even mid-week, the deal still hung in the balance.
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News
Land of Leather plans rescue deal as sales collapse
Land of Leather has announced plans to secure a rescue financing deal of 14.8 million, gross of expenses, by way of placing almost 30 million shares, underwritten by its brokers.
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News
May online sales hit £4.5 billion
Online spending in May rose to more than 4.5 billion, an increase of 1.6 per cent on April, according to the IMRG Capgemini e-Retail Sales Index.
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News
Habitat UK chief steps down as it restructures
Habitat UK country manager Ruth Dangerfield has left the business as the retailer implements a new organisational structure.
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News
Land of Leather and ScS review finances
Furniture retailers Land of Leather and ScS Upholstery have this morning confirmed that they are both examining the structure of their businesses.
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News
Tesco takeover of Dobbies almost complete
Tesco now owns 90.13 per cent of the shares in Dobbies, after announcing last week that it would take the retailer private within the next month.
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News
ScS fights to hold on to supplier insurance as sector fears grow
Sofas specialist ScS is in talks with Euler Hermes, the world’s biggest credit insurer, in an effort to retain cover for its suppliers.
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Opinion
The Retail Week – June 13, 2008
If this week’s stream of negative news from retailers proved one thing, it’s that the ties that bind the retail sector and the housing market run deep.
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News
ScS credit insurer withdraws supplier coverage
Sofas retailer ScS Upholstery has revealed that one of its credit insurers has withdrawn coverage from suppliers.
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News
Focus finance director Hoskins resigns
Focus finance director Bill Hoskins has resigned from the business less than a year after being brought in to help save the DIY chain.
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News
Furniture Village defies slowdown with record year
Furniture Village has bucked the trend in its market to post its best ever profits and volumes for last year.
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Gallery
Store of the week: Marks & Spencer Colliers Wood
An edge-of-town store measuring 100,000 sq ft (9,290 sq m) is hardly remarkable these days, but when it is the biggest store that a retailer has opened in a large city for a decade, it’s worth taking a look at.
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AnalysisDebenhams takes the high ground at Liverpool One
Debenhams’ new store at Liverpool One is built on a slope, but that is only one of many striking differences about the topsy-turvy shop. John Ryan goes to see what all the hype is about
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News
Kingfisher sourcing set to deliver margin gain
Kingfisher is poised to reap margin benefits from improved cross-border sourcing as it attempts to bring its French and UK operations more closely in line.
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News
B&Q sets sights higher for next eco-store build
B Q will open a two-floor, 150,000 sq ft flagship eco-store in New Malden, Surrey, in November.