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Further disruption to Argos distribution network, as workers gear up to strike

Argos customers could see a delay of three weeks for their orders, as more than 1,000 warehouse staff get set to strike over an ongoing redundancy payments row. The UK catalogue retailer is faced with three weeks of strikes across its distribution ... 
4 August 2017

B&M targets convenience sector with acquisition

B&M has announced a takeover of Heron Foods, a discount convenience retailer operating predominantly in the North of England with 251 storesThe deal was done by B&M’s subsidiary, EV Retail Limited, for £152 million, including the debt ... 
3 August 2017

ASA agrees Oak Furnitureland’s claims are solid

The Advertising Standards Authority (ASA) has revoked its decision to ban Oak Furnitureland from using its ‘100% solid hardwood’ and ‘no veneer in ’ere’ phrasing in advertising.The decision comes after a 12-month independent review of the case ... 
2 August 2017

Travis Perkins reports revenue up, profits down

Travis Perkins has reported a rise in revenue but reduced profits for the first half of its financial year.The company said its revenue grew by 3.5%to £3.2bn for the six months to June 30 while pre-tax profits fell by 4.5% to £168m. Adjusted ... 
2 August 2017

John Lewis again reports increase in home sales

John Lewis has reported home sales were up 7.7% for week ending July 29, 2017 on the same week last year. The company said customers were investing in their bedrooms with sales in bed linen up 19.2% and beds and bedroom up 17.5%, driven by the last ... 
1 August 2017

Poundland launches its first summer sale

Poundland has launched its first summer sale, cutting the price of thousands of product lines to 50p.At the start of the year the company said said it would continue to sell the majority of items at a £1 but would introduce added value with simple ... 
1 August 2017

Retailers must embrace contactless payment, according to Barclaycard study

The continued surge of ‘touch and go’ payments is set to save UK shoppers 141 million hours, worth almost a billion pounds in time, by 2021 according to a new study from Barclaycard.Ahead of the 10th anniversary of contactless payments next month, ... 
1 August 2017

wilko continues to invest in own brands and online shopping

wilko reported a year of solid growth with sales of £1,513 million for 2016/17 (£1,464 million 2015/16) representing growth of 3%. This performance reflects the investment in infrastructure, growing demand for own brand products, convenience for ... 
31 July 2017

Material prices are soaring says FMB

One third of small building firms report that soaring material prices are squeezing their margins and almost a quarter have found it necessary to pass these increases onto consumers, according to the latest research by the Federation of Master ... 
31 July 2017

Wickes ups appeal to trade with new loyalty scheme

The home improvement retailer has launched a new loyalty programme exclusively for its trade customers – called Wickes TradePro – offering 10% off purchases in-store or online throughout the year, with no minimum spend.The scheme has been created to ... 
28 July 2017

Flooring Republic set for “monster growth” in UK

The Chinese-owned flooring retailer has set out a manifesto to become the biggest player in the UK flooring market by the end of 2018, with plans to grow its store portfolio from 21 to 80. "Massive investment, major impact and monster growth” are set ... 
27 July 2017

Positive H1 for Akzo as it commits to growth strategy

Dulux parent, Akzo Nobel has reported a 3% uplift in sales within its Decorative Paints business for H1, despite the weak pound and poor consumer confidence in the UK, and adds that it is making “strong progress” on its strategy to grow and add ... 
26 July 2017

DIY and houseware retailers score high with customers

John Lewis tops the overall rankings of the best brands for customer service, according to YouGov BrandIndex’s score. This is a measure of overall brand health which takes into account consumers’ perceptions of a brand’s quality, value, impression, ... 
26 July 2017

Oak Furnitureland opens Fife store

Oak Furnitureland is officially opening its first Fife store in Kirkcaldy on Saturday, July 29.Featuring a mezzanine floor, the 18,119 sq ft showroom is located at the Fife Central Retail Park, creating 7 new hobs and forms part of the company’s on-... 
25 July 2017

Bunnings opens new Folkestone site

Bunnings has today opened its fifth Warehouse store – the first outside of the existing Homebase estate - taking over a former B&Q site in Folkestone, Kent. The new store at Park Farm Retail Park is Kent’s first Bunnings Warehouse and follows the ... 
25 July 2017

Argos unveils 2500 home essentials for AW17

Argos launched its new AW17 range to shoppers on Saturday July 22, offering around 2,500 new products and featuring popular brands including Nespresso, Bose, Lego, Habitat, Samsung, Dyson and Sony.“Whether it’s getting the kids ready for a new school ... 
25 July 2017

B&Q to cover costs of foul-smelling Valspar paint

The Kingfisher-owned DIY retailer and US paint brand Valspar have agreed to pay out to redecorate the homes of customers complaining of an unpleasant smell after using Valspar paint on their walls.DIYers who used the paint, have likened the smell to ... 
20 July 2017

Retail sales heat up in June

Compared with May 2017, the volume of retail sales increased by 0.6%, with non-food stores providing the main contribution, up 1.8%.The Office for National Statistics (ONS) reports that warmer weather boosted clothing sales for retailers, however, ... 
20 July 2017

Reduced profit reflects additional operating costs at Howden

In its half-yearly report Howden Joinery UK depot showed a revenue £539.5m (2016: £518.9m), an increase of 4.0% and 2.4% on a same depot basis. Group revenue was £553.0m (2016: £528.9m) and gross profit margin 64.1% (2016: 64.5%), stable on FY 2016 ... 
20 July 2017

Sunshine gives high street footfall a boost in June

Footfall in June was up 0.8% on a year ago, easing it ahead of the three-month average of 0.5%. British Retail Consortium chief executive Helen Dickinson OBE said: “The arrival of summer spurred greater shopper footfall in the majority of retail ... 
19 July 2017
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