Essential reading for retailers and suppliers in the home improvement market

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Kingfisher completes sale of Castorama Italy for €615m

Kingfisher plc has announced it has completed the sale of its Castorama Italy business to Leroy Merlin Italy for total cash proceeds of €615m (£591 million), including an adjustment for profit generated between 1 July 2008 and completion. 
2 February 2009

TK Maxx to expand its dedicated homeware chain

TJX Europe - owners of TK Maxx - is to expand its HomeSense chain to eight outlets. 
2 February 2009

Hiatt Hardware finds a buyer

22 jobs saved as Mascot Metal Manufacturers acquires the Birmingham-based hardware fittings distributor for an undisclosed sum. 
2 February 2009

Beales sees gross margins improve but revenue falls

The department store chain has reported a group loss before tax of £1.52m rising from last year's £1.39m. 
30 January 2009

RTA and George Wilkinson International consolidate to fight downturn

The logistics and administration of the sister firms will come together, allowing both companies to focus on new developments and improving efficiencies. 
30 January 2009

MBO saves BDC brand

A management buy-out (MBO) by three of BDC's senior management team, has meant the north-London based distribution brand will continue. 
30 January 2009

Asda announces expansion on non-food and thousands of new jobs

Supermarket Asda has said it will create more than 7,000 new jobs in 2009 as it expands the non-food format. 
29 January 2009

Kingfisher's Polish arm continuing to expand

Kingfisher, owner of B&Q, are planning to double its business in Poland over the next five years as waves of Poles head back to the country. 
29 January 2009

Garden and housewares showcased at London museum

An east-London museum is showcasing innovative and ethically designed products for the home and garden. 
28 January 2009

Nail in the coffin of Woolworths

Woolworths Group plc was last night granted an application for an order of administration. 
28 January 2009

Pre-pack administrations to be watched

The spotlight was turned on pre-pack administrations as an influential panel of MPs looked into whether companies were abusing the system. 
28 January 2009

ProCook boss attacks 'extortionate' business rates as he closes stores

Kitchenware company ProCook has been forced to close 18 stores across the country. 
28 January 2009

Marks & Spencer stores to find buyers?

Marks and Spencer outlets earmarked for closure are possible targets for the supermarket chains, according to the high street retailer. 
27 January 2009

Tchibo looking to leave UK market

German coffee and homeware chain Tchibo looks like exiting the UK market following the closure of concessions up-and-down the country. 
27 January 2009

British Hardware Federation award winners

The British Hardware Federation's award winners for 2009 were announced at the Totally shows in London. 
27 January 2009

Home Depot axes Expo and cuts 7,000 jobs

The North American DIY market has taken a blow with the news Home Depot plans to cut 7,000 jobs. 
27 January 2009

Homebase set to axe hundreds of jobs

Senior staff across 300 of DIY chain’s stores are at risk of redundancy following a 10% decline in sales over the Christmas period. 
26 January 2009

Focus DIY’s Grimsey slams insurers

DIY chain calls for government investigation after credit insurers withdraw almost all cover for Focus’ suppliers. 
26 January 2009

Beers buys rival Bromborough Paints' merchant business

Bromborough Paint & Building Supplies has sold its builders merchant business at Eastham to Beers Timber & Building Supplies. 
23 January 2009

Flying brands warns of profit fall

Flying Brands - the Jersey and Essex based home and gardening products group - has issued a profits warning in its latest trading update. 
23 January 2009
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