Essential reading for retailers and suppliers in the home improvement market

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Sainsbury's profits are hit due to Argos losses

The UK’s second largest supermarket chain reported an underlying profit before tax of £251 million which saw a loss of 9% as wage cost inflation and consolidation of Argos H1 losses took its toll, as well as the company being partly offset by ... 
9 November 2017

M&S to 'rejuvenate' clothing and home after 5.3% loss in half-year profits

High Street giant M&S reported a decrease in like-for-like revenue by 0.7% in Clothing & Home today in the company's half year results, also reporting 0% change in Clothing & Home revenue from October 1 to 2016 to September 30 2017. Full ... 
8 November 2017

Dunelm to close Hinckley store

Dunelm is closing its store in Hinckley, Leicestershire in January 2018 over concerns the site is too small.A spokesman for Dunelm said: “We continually review our store estate to ensure that we have the right size stores in the best locations, to ... 
8 November 2017

Record decline in non-food sales in October

In October, UK retail sales decreased by 1.0% on a like-for-like basis from October 2016 when they had increased 1.7% from the preceding year, according to the British Retail Consortium (BRC) KPMG sales monitor for the period covering October 1-28, ... 
7 November 2017

The latest Christmas ads from Argos, Currys and Asda

The beginning of November has signalled an abrupt end to Halloween and offered a warm welcome to Christmas and winter campaigns across the DIY industry. The latest of these come from catalogue retailer Argos, electrical retailer Currys PC World and ... 
3 November 2017

GIMA ‘Garden & Giftware Meet the Buyer’ event to be held at Longacres

Continuing its successful programme of Buyer Connect events, the Garden Industry Manufacturers Association (GIMA) has teamed up with Longacres – the UK’s largest independent garden centre – to hold a special speed networking event with the buying ... 
3 November 2017

What the interest rate rise could mean for business and the high street

The British Retail Consortium (BRC) believes the rate increase - the first since July 2007 – of up to 5%, means the Chancellor needs to deliver a new budget for shoppers.BRC head of retail insight & analytics Rachel Lund said today: “While the ... 
2 November 2017

What the interest rate rise could mean for housing and home improvement

As the Bank of England announces it is putting interest rates up for the first time in 10 years of between 0.25% and 5%, speculation and predictions have been rife over what impact this will have on the housing market.Although not a huge increase, ... 
2 November 2017

Firework celebrations set to light up sales for home and garden retailers this month

Retailers should capitalise on a prolonged period of ‘fireworks frenzy’ this month, as shoppers scramble to kit out their homes and gardens for the celebrations this year,According to new data from Ebay, searches for ‘blanket’, ‘candle’ and ‘... 
2 November 2017

Meols Cop Homebase reveals closing date to make way for Sainsburys

Homebase bosses have confirmed that the Meols Cop branch will close just weeks before Christmas. The store is being closed down to make way for a new Sainsburys superstore which is planned to be built on the same site. In order for that store, which ... 
1 November 2017

Bunnings opens Harlow store

Home improvement and garden retailer Bunnings has opened its 10th UK Warehouse store, taking over the former Homebase outlet on Edinburgh Way in Harlow today.The new opening has created over 25 full and part time jobs at the 78,000sq ft store, ... 
1 November 2017

Travis Perkins improves customer service with new software solution

Travis Perkins has selected Riverbed SteelCentral Aternity to increase end-user visibility, improving customer service and enhancing colleague productivity. Since deployment, the monitoring solution has significantly reduced the average time it ... 
1 November 2017

Successful trial sees further expansion of Habitat's mini-stores

Habitat is to launch four further new Mini Habitat stores by mid-November 2017. New Mini Habitat stores within Sainsbury’s supermarkets will open in York (Monk’s Cross), Manchester (Cheadle), Newcastle (Heaton) and London (Wandsworth), taking the ... 
31 October 2017

Axminster named Power Tool Supplier of the Year for second year running

East Devon firm Axminster Tools & Machinery was awarded the title ‘Power Tool Supplier of the Year’ at the recent ‘On the Tools gala dinner and awards.The event took place at the Edgbaston Cricket Ground in Birmingham, hosted by ‘On the Tools’ – ... 
31 October 2017

Decco partners Husqvarna

Home improvement and garden wholesaler, Decco, has been appointed retail distributor for garden power products supplier Husqvarna, covering the company’s consumer garden brands including Flymo and McCulloch.The move strengthens Decco’s offering in ... 
31 October 2017

Stax acquires PDS Logistics

Wholesaler Stax Trade Centres has made a further investment in its supply chain with the acquisition of the logistics firm for an undisclosed sum.Stax will assume control of PDS with immediate effect and hopes the move will allow it to gain greater ... 
31 October 2017

B&M opens stores in Llanelli and Skelton

B&M has increased its presence in South Wales with the opening of a new store in Llanelli.The B&M Home Store with Garden Centre is located at the new Cross Hands Business Park, opening its doors to the public on Saturday with the help of ... 
30 October 2017

BREAKING NEWS: Akzo Nobel in merger talks with Axalta

Dutch coatings firm, Akzo has today confirmed it is in “constructive discussions” with US rival Axalta with a view to creating a “leading global paints & coatings company through a merger of equals”.Akzo made its statement this morning in “in ... 
30 October 2017

Ideabright Ltd bought back in pre-pack deal

Retailer Ideabright Ltd, which operates three stores in Fulham under the Dibranto, PoshRosh and Cleanup names, has been bought out of administration by one of its directors.According to documents from Duff & Phelps, Ideabright, which went into ... 
27 October 2017

BREAKING NEWS: Top brands partner with BHETA for National Home Improvement Week

DIY WEEK EXCLUSIVE The British Home Enhancement Trade Association (BHETA) has told DIY Week exclusively that it is launching a new consumer-facing marketing campaign for Spring 2018: National Home Improvement Week. It is expected to make a wider ... 
27 October 2017
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