Essential reading for retailers and suppliers in the home improvement market

News Archive September 2017

Screwfix Live opens its doors on “biggest and best-ever” show 29 September 2017

Now in its fifth year, the Screwfix Live event is set to attract thousands of visitors from today and during its weekend run. DIY Week catches up with marketing director Graham Smith while he is at the show ...


Entry is open to the DIY Week Awards 29 September 2017

Entry into the retailer and supplier categories of the 2018 DIY Week Awards is now open.With a host of all-new categories recognising excellence and innovation, the awards could be the perfect time for your company or product to shine.This year we ...


IKEA Group signs agreement to acquire TaskRabbit 29 September 2017

IKEA Group (Ingka Holding B.V. and its controlled entities), the world’s largest home furnishing retailer, has signed a conditional agreement to acquire 100% of the shares in TaskRabbit, Inc., an on-demand services platform company. TaskRabbit ...


Chichester Homebase to become latest Bunnings conversion 28 September 2017

The large Homebase store, on Discovery Park, Barnfield Drive, which is located on the edge of Chichester, will close on November 6, as work commences to transform it into the latest Bunnings Warehouse. The Bunnings store will open later this year. ...


Ikea opens new store in Sheffield today 28 September 2017

The Scandinavian furniture giants has opened a brand new £60 million store in Sheffield this morning, following an announcement of the opening date back in August. This year IKEA is celebrating 30 years in the UK, and the opening of IKEA Sheffield ...


Tool Shop opens new store 27 September 2017

London hardware independent opens the doors to the first of two new additions to its store portfolio, having completely refurbished the shop on Upper Road, Islington and opened for trading in under six weeks.The new outlet is Tool Shop’s second on ...


DMD wins best display stand at trade show 27 September 2017

At Home Hardware’s Autumn Trade Show on Tuesday, September 19, DMD was voted the ‘Best Display Stand’, earning key accounts manager Rachel Procter and head of sales Rob Blackburn a cash prize of £100 and a glass trophy. Minky (Robert Winstanley) ...


Akzo converts to green energy for paint production in the Netherlands 27 September 2017

All of AkzoNobel's paint and coatings production in the Netherlands is now powered by green energy, marking another milestone on the company's journey to becoming carbon neutral by 2050.An agreement has been signed with energy company Eneco which ...


Bunnings Warehouse Sittingbourne officially opened today 27 September 2017

A new Bunnings Warehouse was officially opened in Sittingbourne today by former featherweight world boxing champion Barry McGuigan MBE.The new Bunnings Warehouse at Sittingbourne Retail Park on Mill Way replaces the former Homebase and has created ...


Potting Shed Garden Centre re-opens after summer make-over 27 September 2017

A popular potting shed garden centre at Stapenhill Cemetery has reopened following a summer of redevelopment.East Staffordshire Borough Council’s horticultural team is behind the Potting Shed Garden Centre, based at the Greenhouse at the cemetery.It ...


B&M to open new store in Wales 27 September 2017

B&M is to open a new Homestore store in Cross Hands on Saturday, October 28 and will create 70 jobs for local people at the site on Cross Hands Business Park.B&M is one of the UK’s fastest growing retailers and customers can expect to find a ...


Mica raises record amount for Rainy Day Trust 26 September 2017

Mica held its annual conference on September 23-25, 2017, of which a full exclusive report will be provided for the next issue of DIY Week. The Co-operative group of independent retailers has announced exclusively to DIY Week that this year’s Gala ...


BIRA opens new offices 26 September 2017

The British Independent Retailers Association (bira) officially opened its new offices in Edgbaston in Birmingham on September 21, 2017. The event was attended by 150 members, staff and friends of the association and included a talk by Professor ...


Wyevale reveals new strategy update after £100m refinancing 26 September 2017

Wyevale Garden Centres (WGC), one of the largest operator of garden centres in the UK, has released a new strategy that will implement its refinancing to achieve its strategic goals by investing in people, upgrading systems and controls and ...


Retailers have up to six months to develop AR apps or risk losing customers 25 September 2017

Nearly three in four consumers (69%) now expect retailers to launch an augmented reality app within the next six months, according to new research by DigitalBridge.Following the launch of iPhone 8 and iOS 11, and Apple’s new AR platform - ARKit - ...


Gender pay gap: Female managers in retail earn £4.3K less than male colleagues 25 September 2017

According to new research from The Chartered Management Institute (CMI) and XpertHR, it has been revealed that the gender pay gap for managers in the retail sector is 19.4%, an average of £4,315 per year. A percentage considerably lower than the ...


BHETA to lobby minister on proposed knife legislation 25 September 2017

Having canvassed member opinion on the Government’s proposed legislative changes on the selling and marketing of knives, The British Home Enhancement Trade Association (BHETA) has approached home secretary Amber Rudd for a meeting to discuss the ...


DIY Week Awards: Entry opens Monday 22 September 2017

Entry into the retailer and supplier categories of the 2018 DIY Week Awards will open on Monday, September 25. With a host of all-new categories recognising excellence and innovation, the awards could be the perfect time for your company or product ...


Majority of SMEs do not trust traditional lenders to support their businesses 22 September 2017

Homebase halts home delivery as website is revamped 22 September 2017

Homebase’s home delivery service has temporarily halted as new owners Bunnings works to move the business to a new web platform.Wesfarmers, the Australian conglomerate that owns Bunnings, acquired Homebase last year as part of an attempt to enter ...


Decco announces regional trade shows 22 September 2017

Home improvement and garden wholesaler, Decco is to hold six regional trade shows between now and the start of 2018The first of the trade shows took place in Belfast on September 19 at the La Mon Hotel, with further evets set to take place on the ...


Sugru to double retail presence with new family-safe glue 22 September 2017

The inventor behind the world's first mouldable glue, Sugru, has today launched a brand new Family-Safe, Skin-Friendly Formula expected to double the brand's presence in retail by the end of 2018.Sugru's new Family-Safe formula will be available ...


Coleman's Garden Centre creates 100 new jobs with a £5million Investment in Templepatrick 21 September 2017

Templepatrick based garden centre Colemans, has unveiled plans for a £5million investment to renovate and extend its facilities over the coming months, with an official opening of the new site expected this Autumn. Coleman’s Garden Centre has gained ...


Akzo Nobel studies plans to build world-class EHEC plant 21 September 2017

Akzo Nobel's Specialty Chemicals business is studying plans to build a world-class plant for its Bermocoll business, which supplies essential ingredients for the paint and buildings and construction industries. This comes after an announcement from ...


Kingfisher first half profit exceed expectations 20 September 2017

Half-year profits at B&Q and Screwfix parent, Kingfisher have fallen 5.9% to £402 million amid what the company describes as “business disruption” on the second year of iits five-year transformation.Kingfisher made an underlying pretax profit of ...


Squire's Shortlisted for 'Best Garden Centre' by the Express 20 September 2017

Squire’s Garden Centres has been shortlisted for ‘Best Garden Centre’ by the Express in their inaugural Home & Living Awards. These awards celebrate the UK’s best household products, services and retailers. As well as recognising style, value ...


Nicholas Marshall joins line up for HTA Garden Futures Conference 19 September 2017

Dobbies CEO and former Wyevale boss, Nicholas Marshall has joined the line-up of speakers for this year’s HTA Garden Futures Conference, where he will be interviewed by journalist Cathy Newman.Mr Marshall, who boasts over 30 years’ experience in the ...


Kingfisher profits expected to fall in first half update 19 September 2017

Last month, B&Q and Screwfix owner Kingfisher issued an underwhelming second-quarter trading update which has caused speculation as to whether the first half update will provide news of lower profits due to the wetter weather during the Summer ...


IHF’s DIY Boulevard already fully booked 18 September 2017

After a successful premier in 2016, the DIY Boulevard at the Eisenwarenmesse – International Hardware Fair enters its second round next year and organisers say all space has been sold.Koelnmesse vice president Catja Caspary explained: “The premiere ...


New inflation figures threaten huge tax hike for retailers 15 September 2017

Business insiders believe September’s Retail Price Inflation (RPI) figure is likely to push up already-onerous business rates bills for retailers across the country by £280 million next April.Retailers could face a significant hike in their rates ...


Habitat launches click & collect service across 2,300 locations 15 September 2017

As of today, the Sainsbury’s owned retailer Habitat, has offered its online customers the choice of picking up their purchases in a convenient location at the time of their choice, or continue to have them delivered direct to their home.Following a ...


Next upgrades profit forecast, as it plows ahead with portfolio expansion 14 September 2017

“Retail stores are an asset,” says Next plc as it confirms plans to add between 150,000 and 200,000sq ft of net trading space in 2018. Despite reporting tough trading in H1, with retail sales falling 8.3%, a predicted pick-up in H2 has lead the ...


John Lewis profits plummets by more than 50% 14 September 2017

John Lewis Partnership (JLP) reported its pre-tax profits fell by 53.3% down to £26.6m in H1, after the company was hit by costs for restructuring of the business.The changes to the company, which operates John Lewis department stores and Waitrose, ...


Dunelm suffers profit loss due to 'subdued' markets 13 September 2017

Homewares retailer, Dunelm has suffered a 2.4% decrease in like-for-like sales, making it a part of the many companies who have endured trading challenges as consumers spend less. These figures were blamed on unseasonal weather; however Dunelm ...


Akzo opens €100m Dulux paint plant 13 September 2017

Akzo Nobel has officially opened the world's most advanced and sustainable paint plant, in Ashington, in the UK. The hi-tech facility - which cost more than €100 million to build - represents the largest-ever global investment by the company's ...


Glee New Product Award winners announced 12 September 2017

The winners of the coveted Glee New Product Awards 2017 have been announced at this year’s Glee exhibition in Birmingham.Selected from hundreds of entries showcased at the show, the winning products were chosen by an expert panel of judges, ...


Bunnings opens stores in Kent and north west of England 12 September 2017

Gary Pallister with Bunnings Broadstairs team membersHome improvement and garden retailer, Bunnings Warehouse, opened its doors to customers this morning at Westwood Gateway Retail Park in Broadstairs, Kent.Creating over 43 new full and part time ...


BBC Breakfast live from Glee 12 September 2017

Glee hit the UK’s TV screens yesterday morning as BBC’s Breakfast programme was broadcast live from the event.One of the presenters, Steph McGovern, interviewed leading garden industry figures in the halls.The programme returned to the show several ...


Online retailer ManoMano to develop its UK DIY and gardening market share with €60 million investment 11 September 2017

ManoMano, one of the leading European online marketplaces for DIY and gardening products, announced today that it has raised €60 million in Series C funding led by General Atlantic, a global growth equity firm. Existing investors Piton Capital, ...


An autumnal feel for the high street in August 11 September 2017

High street footfall declined by 2.6% in August, and shopping centre footfall decelerated to -0.8% in the same period, according to the Springboard retail footfall figures. In contrast, retail parks continued their recent trend of positive growth; ...


BHETA forum targets home improvement suppliers 8 September 2017

BHETA’s next networking forum is to feature guest speakers from Selco, ManoMano and Stax, guaranteeing an informative, practical and up to the minute agenda. Head of retail at KPMG Paul Martin will deliver the latest view on the economic situation ...


HTA all set for Glee 2017 6 September 2017

The Horticultural Trades Association (HTA) is looking forward to welcoming members at Glee next week. The organisation has an increased presence at the trade show this year, partnering with the new Retail Lab @ Glee feature, as well as holding the ...


Slightly softer sales trend for Clas Ohlson 6 September 2017

Clas Ohlson has reported soft sales growth but strong earnings in the last quarter due to lower footfall during the summer months. ?“We are closing the first quarter with sales of 1,783 MSEK, up 1% year-on-year. Operating profit increased by 33% to ...


Local family run business launches new Home Hardware store 5 September 2017

Euronics Telecentre is one of the oldest businesses still operating on the High Street in Stapleford, Nottingham. Family run by Babinder and Harbinder Sandhu since 1986, the couple are proud independent retailers specialising in home appliances and ...


Squire’s in West Horsley starts story time sessions 5 September 2017

Squire’s Garden Centre in West Horsley is starting a free drop-in story time session for pre-school children with their parents or guardians, held every Monday 9.30-10.00am during term-time. The first one will start on Monday 11, September. These ...


Retail sales up in August with home improvement a standout sector 5 September 2017

In August, UK retail sales increased by 1.3% on a like-for-like basis from August 2016, when they had decreased 0.9% from the preceding year.On a total basis, sales rose 2.4% in the period covering July 30 – August 26, against a decline of 0.3% in ...


AkzoNobel finalies acquisition of Disa Technology 4 September 2017

AkzoNobel has finalised the acquisition of French manufacturer, Disa Technology (Disatech). The acquisition strengthens AkzoNobel’s global leadership position in supplying industrial coatings and aerospace and automotive coatings.Headquartered in ...


Farewell to fish at Squires in Cobham 4 September 2017

Squire’s Garden Centre in Cobham is making some changes: the Café Bar will be extended to have a much larger seating area with stylish new furniture. This will coincide with a new winter menu and create a more relaxing environment and a great place ...


Exponent Private Equity LLP completes purchase of Scotts Miracle-Gro International Consumer Business 4 September 2017

Exponent Private Equity LLP has announced that it has completed its purchase of The Scotts Miracle-Gro Company’s business in Europe and Australia.The purchase of the international business of consumer lawn and garden products includes ScottsMiracle-...


Dover Homebase to close 2 September 2017

The Homebase store in Dover has officially announced plans to close. The premises in Honeywood Parkway, Whitfield will cease trading in five weeks' time and there are no plans for a Bunnings Warehouse to replace it.Homebase has been bought out by ...


John Lewis expands professional trade service trial 1 September 2017

John Lewis will expand a trial of a brand new home improvement and maintenance service across Bath, Bristol, Cardiff, Cheltenham, Gloucester and Taunton from 12 September. The initiative, called ‘Home Solutions from John Lewis’, which has already ...


UK discount retail market forecast to grow by 36.1% 1 September 2017

The UK discount retail market is set to grow by 36.1% reaching a total value of £32.5bn by 2022 according to GlobalData, with DIY, gardening and homewares gaining market share from mainstream retailers.The company’s latest report: UK Discounters ...


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