All Home & DIY articles – Page 274
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News
Lord Kirkham nets £46.3m DFS dividend
DFS founder Lord Kirkham pocketed a 46.3 million dividend last year from his furniture chain.
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News
Blacks Leisure eyes market towns to spark a turnaround
Outdoor specialist retailer Blacks Leisure will target market towns for its eponymous, Millets and Freespirit stores as part of new chief executive Neil Gillis’s turnaround plan.
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News
More misery for DIY as housing slump worsens
Deepening gloom in the housing market is likely to exact a heavy discretionary spending toll on retailers this year.
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Analysis
All rise for the king of carpets
Lord Harris’s nomination for World Entrepreneur of the Year proves just how far the tycoon has come since inheriting three London carpet stores. Katie Kilgallen meets him at the awards in Monte Carlo
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News
Habitat boss resigns
Habitat chief executive Jens Nordahl has resigned to take up a post at Lego Holding.
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News
Rosebys hires new chief
Curtains and textiles retailer Rosebys has appointed David Barrett as its new chief executive.
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News
Kingfisher profits rise 8.9% in first quarter
DIY group Kingfisher reported a better-than-expected rise in sales and profits for the 13 weeks to May 3.
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News
Credit insurer warns of more retail administrations
Credit insurer Euler Hermes has signalled more retail administrations on the horizon as trading conditions continue to worsen on the high street.
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GalleryMarks & Spencer – Colliers Wood
The biggest store from Marks and Spencer in a decade is in a South London suburb.
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Analysis
Topps Tiles: The City View
With first-half results to March 29 revealing a 16 per cent pre-tax profit fall and like-for-like sales down 0.9 per cent, Topps Tiles is not proving immune to the housing downturn, writes John Ryan.
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News
DIY chains take hammering over first quarter
The world’s two largest home improvement retailers, Home Depot and Lowe’s, have reported a meltdown in first-quarter profits as the US housing market continues to slump.
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News
Wilkinson to open first store in Scotland
Value retailer Wilkinson is to take its discount offer north of the border with the opening of its first store in Scotland this autumn.
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NewsBill Gates buys stake in Carpetright
Carpetright has been given an unexpected boost after Microsoft billionnaire Bill Gates bought a 3 per cent stake in the flooring and carpet specialist.
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News
Topps Tiles profits slide
Topps Tiles posted a fall in pre-tax profits of 16 per cent for the 26 weeks to March 29, as a tighter housing market feeds through into sales.
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News
Laura Ashley like-for-likes fall
Fashion and homewares retailer Laura Ashley today reported total UK sales had increased 7.9 per cent in the first 17 weeks of its present financial year, but like-for-likes had slumped.
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News
Debenhams to ramp up international arm
Debenhams is to more than double its international sales over the next four years.
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AnalysisM&S has no time to revel in its glory as share price plummets
Marks & Spencer may have made 1 billion, but there was no feelgood factor as its share price – and those of its general merchandise and food counterparts – slid.
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News
Ikea products to feature in virtual reality game
Swedish furniture retailer Ikea has taken its famous flat-pack products into the virtual world via a deal with publisher Electronic Arts to launch into its computer game The Sims 2 .
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AnalysisHomeSense: No-nonsense format could do well in tough times
The arrival of TJX’s HomeSense in the UK might appear untimely, but the no-nonsense format could do well in tough times. John Ryan samples the latest addition in Bristol
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NewsFocus to shrink 40 stores in turnaround plan
DIY retailer Focus is to downsize approximately 40 of its 176 stores as chief executive Bill Grimsey steers the business into the next phase of its recovery plan.