All Home & DIY articles – Page 287
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News
United Carpets tells AGM trading as expected
United Carpets has reported at its Annual General Meeting this morning that trade is continuing in line with expectations, driven by its strategy to maximise revenues from existing stores and expand its franchise business.
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News
Zara launches home offering online
Zara’s online home shopping business made its debut across 14 European countries today.
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News
Wickes strikes franchise deal to enter Ireland
Wickes has agreed a franchise agreement with Moritz Home Improvements to roll out stores across Ireland , according to parent company Travis Perkins.
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News
Mike Clare primes Dreams for sale
Dreams is understood to have appointed KPMG to explore the possibility of a sale of the business for 250 million.
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News
Merchant Equity circles Kesa’s furniture chain
Private equity house Merchant Equity Partners is poised to buy French furniture chain BUT from Kesa for more than 400 million ( 278.2 million).
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News
Home Retail: The City View
Interim group profits at the general merchandise and DIY retailer soared 40 per cent to 149.8 million on sales up 3 per cent to 2.74 billion, powered by Argos.
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News
Kingfisher and DSGi shares drop as Debenhams revives fortunes
A swathe of updates, deal gossip and big swings in share prices characterised the week.
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News
Argos drives Home Retail profits up
General merchandise to DIY group Home Retail has posted a surge in first-half profits, powered by the Argos catalogue store chain.
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News
Wickes delivers solid sales as Travis Perkins initiatives pay
DIY chain Wickes reported an 8.5 per cent sales rise for the 39-week period to September 29.
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News
Grimsey hails 100-day turnaround at Focus
DIY veteran Bill Grimsey has delivered his promised turnaround for ailing retailer Focus in just 90 days.
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News
Home Retail: the city view
Home Retail, owner of Argos and Homebase, preceded next Wednesday’s first-half figures with the acquisition of 27 stores from Focus DIY for 40 million.
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News
Wyevale commits to being carbon neutral by 2010
Garden centre chain Wyevale has published a consultation document called the Ten Commitments detailing how it will deliver its plan to become carbon neutral by 2010.
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News
Investment vehicle snaps up Smallbone stake
Luxury kitchen and furnishings group Smallbone is the latest retailer to become the subject of stake-building, with investment vehicle Toscafield snapping up a stake of almost 7 per cent.
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News
US Carpetright shareholder to block Lord Harris deal
Carpetright’s third biggest investor, Harris Associates, aims to halt the 850 million acquisition of the retailer by its founder.
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NewsFocus store disposals to raise £68 million
DIY group Focus is to sell 41 stores for a total of £68 million as it undergoes a restructure, following its acquisition in July by investment firm Cerberus.
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News
Lord Harris on brink of making Carpetright bid as sales soar
Lord Harris, chairman and chief executive of Carpetright, is poised to make a cash offer for the retailer after receiving the go-ahead to make a bid from the carpet retailer’s board.
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News
Focus store disposals to raise £68 million
DIY group Focus is to sell 41 stores for a total of 68 million as it undergoes a restructure, following its acquisition in July by investment firm Cerberus.
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Opinion
BRC sales data lifts mood with general retailers outperforming
General retailers had another good week as they outperformed the All Share index, although they still lagged behind on the year. Stronger than expected BRC’s sales data lifted the mood, although the organisation noted that widespread price-cutting contributed to the rise.
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News
US Carpetright shareholder to block Lord Harris deal
Carpetright’s third biggest investor, Harris Associates, aims to halt the 850 million acquisition of the retailer by its founder.
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News
Harris plans Euro assault
Carpetright founder Lord Harris of Peckham has ambitious plans to double the size of the business in five years if his bid to take the company private is successful.