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‘Two Bills’ set for Focus DIY
Two men who revived the fortunes of Wickes in the 1990’s are set to be asked to repeat the trick at troubled Focus DIY.
17 June 2007
Battle lines drawn as Sir Tom Hunter increases his stake in Dobbies
Sir Tom Hunter shows no sign of backing down in the face of Tesco's £156m bid after acquiring a further 10% of Dobbies' shares with backing from investment bank Kaupthing Singer & Friedlander.
14 June 2007
Focus confirms sale talks
Focus DIY has today (Thursday June 14) confirmed it is in talks with US hedge fund Cerberus about a sale of the company.
14 June 2007
Argos and Homebase see sales increase
Chief Executive Terry Duddy is pleased with Home Retail Group's 'strong start' to the new financial year.
14 June 2007
New chief executive for NWF Group
NWF Group has announced the appointment of Richard Whiting to the board as chief executive designate as of October 1, 2007.
12 June 2007
Sir Tom Hunter mulls over counter-bid for Dobbies
It is looking increasingly likely that Tesco will be drawn into a bidding war for Dobbies after it emerged that one of its major shareholders, Sir Tom Hunter, is in talks with rival retailers, including Marks & Spencer.
11 June 2007
Home improvement 'on the up'
UK diyers hope to add £5,000 to value of their property with improvements carried out in the last 12 months.
11 June 2007
Butterfly Elite to close UK subsidiary
Butterfly Elite, suppliers of stainless steel housewares, is in discussions whether to close its UK subsidiary in Eastbourne.
11 June 2007
Tesco is shock bidder for Dobbies
Tesco, has emerged as the shock bidder for Edinburgh-based Dobbies Garden Centres.
8 June 2007
Good start to the year for Screwfix
First quarter results for Screwfix have been encouraging and showed sales growth of 25.9% to £103 million in the 13 weeks ending May 5, 2007.
8 June 2007
HTA welcomes Tesco's proposed acquisition
In the short term, the gardening industry should be cheered by Tesco’s proposed acquisition of Dobbies, the HTA said.
8 June 2007
Tasker’s undertakes overhaul and re-positioning of brand
One of Liverpool’s premier home improvement outlets is re-working its appeal with changes to its website, product mix and internal store environment.
7 June 2007
Industry leaders confirm support for DIY & Garden Show and Totally Tools
Brintex, organiser of the London DIY & Garden Show and Totally Tools, has confirmed that leading trade associations and retail marketing groups are in place for its 2008 show.
7 June 2007
Dobbies offer on the table
The spotlight is on Sir Tom Hunter this week after private equity house Apax revealed it was ready to pay an estimated £143m for the garden centre chain.
7 June 2007
Calling the best in gardening
GIMA has launched its search for the best in gardening products for the GIMA Awards 2007.
7 June 2007
Outdoor shines for Woolworths
Woolworths has seen group sales for the 17 weeks to June 2 up 11.4% as hot spells drove sales of outdoor products.
6 June 2007
Update - Focus receives consent to waiver interest payments
Focus has been granted consent from its bondholders to waive interest payments on notes due in June until the beginning of July.
3 June 2007
Focus' suitors work together to tie up deal
Cerberus Capital Management, a private investment company, is reportedly working with Hilco, the US distressed debt specialist to acquire Focus DIY.
1 June 2007
Wake Up to the dangers of carbon monoxide and fire, homeowners told
Wake Up, a campaign urging homeowners to take all possible precautions to make sure they have early warning of a fire or carbon monoxide in their homes, launches today.
1 June 2007
New owners for Cromford Garden Centre
Cromford Garden Centre in Derby has new owners who are looking to develop the four acre site – an acre of which is currently only occupied by the centre and a cafe.
1 June 2007
[View latest news archive by year/month]
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