Essential reading for retailers and suppliers in the home improvement market

News Archive June 2018

Over 300 jobs axed at Homebase after Bunnings departure 29 June 2018

Homebase has announced it is cutting 303 jobs at its Milton Keynes head office after Bunnings parent Wesfarmers agreed to divest the Homebase business to Hilco Capital for just £1 in May, as it said the “risks associated with a turnaround don’t ...


B&Q responds to Wickes' recruitment drive 29 June 2018

DIY giant B&Q has responded to Wickes' announcement that it is "targeting 900 B&Q colleagues" in a bid to bolster its expanding kitchen and bathroom team. Despite Wickes settings its sights on "acquiring design consultants and installers" ...


Wickes targets 900 B&Q colleagues, as it ramps up kitchen and bathroom offer 27 June 2018

Wickes is investing significantly in its professional kitchen and bathroom offer by acquiring design consultants and installers from B&Q, as its rival pulls plug on installation services in the category.Wickes says it is bucking the ...


Carpetright reports losses and stock shortages, as restructure continues 26 June 2018

The struggling flooring retailer posted pre-tax losses of £70.5million for the year ended April 28 and says trading at the start of the new financial year was impacted the ongoing CVA and withdrawal of some suppliers, leading to stock shortages....


Tile Mountain opens new showroom in Greater Manchester 25 June 2018

Online tile retailer, Tile Mountain opened its second showroom at the weekend – a 10,000sq ft unit in Stockport – with more such outlets in the pipeline following the success of its first-ever bricks-and-mortar location in Tunstall ...


Garden retailers see uplift in May 22 June 2018

Garden centres across the country reported a boost to trading last month and record results, thanks to the good weather and two Bank Holidays, with core gardening categories seeing double-digit growth ...


House of Fraser to close 31 stores 22 June 2018

House of Fraser has announced today that the Company Voluntary Arrangement (CVA) proposals launched on 6 June 2018 have been approved by the companies’ creditors.The creditors’ meetings for House of Fraser (Stores) Limited and House of Fraser ...


Wyevale Nurseries reports “best May sales ever” 22 June 2018

The Hereford-based nursery said it had the best May ever in its recorded trading history, with sales up by 14% for the month. Wyevale, which supplies into garden centres accross the UK, also reported year-on-year (2017-18) growth of 17% in shrub sales and ...


UK and EU Paint coatings industry show united front ahead of Brexit talks 22 June 2018

Concerned about possible barriers to trade, the British Coatings Federation (BCF) and CEPE, the European association representing paints and inks, have pledged to continue their close working relationship beyond Brexit and have set out the terms ...


Colour confidence powers downloads of Akzo Nobel's Visualizer app past 20 million 22 June 2018

Akzo Nobel has announced that downloads of its Visualizer decorating app has surpassed the 20 million mark, attributing its success to "giving people the simple pleasure of making confident colour choice". The award-winning digital colour tool was ...


Delegates delighted with 6th Global DIY Summit 2018 21 June 2018

Feedback from the annual international event was overwhelmingly positive, say organisers, as the sixth Global DIY Summit came to a close in Barcelona last week. A record of 1,100 delegates from 55 countries attended this year’s congress, including ...


Rose ‘Timeless Purple’ wins Visitor Vote Award 21 June 2018

Visitors to the HTA National Plant Show has voted Rose ‘Timeless Purple’ from Whartons Roses as Best in Show at the New Plant Awards. The Visitor Vote Award proved extremely popular and with over 100 entries for visitors to choose from.The rose is ...


Barclaycard partners with Travis Perkins and Toolstation on co-branded business credit cards 21 June 2018

The financial services provider is partnering with selected companies within the Travis Perkins Group to launch a new range of co-branded business credit cards that offer customers extended interest-free periods on payments. The rollout of the new ...


Habitat to open two new stores 20 June 2018

Habitat will open two new stand-alone stores this autumn – one in Westfield London this September, followed by another in Brighton’s busy town centre in October.Sainsbury’s, which acquired Habitat in September 2016, is investing £1.5 million in the ...


May sees strongest growth in online retail since 2010 19 June 2018

Retailers reported a year-on-year (YOY) increase of 19.4% in online sales, continuing a stellar year for the retail channel, with garden amongst the strongest-performing sectors. While the sun was shining on the high street last month, internet ...


Fire at Farnborough Hardware 18 June 2018

Firefighters tackled a blaze at an independent hardware store in the centre of Farnborough yesterday, where a woman was treated for smoke inhalation.Firefighters from Rushmoor, Basingstoke and Surrey tackled a fire on the ground floor of Farnborough ...


Amazon launches Home Services in the UK 18 June 2018

Amazon has announced the launch of Home Services in the UK. Customers buying more than 4 million products on Amazon.co.uk, ranging from TVs and household appliances to garden furniture and exercise equipment, can now schedule installation or ...


BHETA shortlisted for award 18 June 2018

The British Home Enhancement Trade Association (BHETA) is a finalist in the Trade Association Forum (TAF) 2018 Awards.  The association has been shortlisted in the Marketing Campaign of the Year category for its inaugural National Home Improvement ...


Shortlist for Jewson building better communities trade hero announced 15 June 2018

Jewson has revealed the five finalists in its Trade Hero category of Building Better Communities awards. After being selected by a panel of industry judges, the shortlist now needs public votes to be in with a chance of winning up to £50,000 in ...


Stephen Mangan to host 2018 GIMA Awards 15 June 2018

The Garden Industry Manufacturer's Association (GIMA) has announced that TV, film and stage actor Stephen Mangan will compered its annual awards event this year. Best known for his role as Sean in the hit transatlantic comedy series Episodes, and as ...


Scheurich enhances outdoor offer with Deroma takeover 15 June 2018

Leading indoor plant pot manufacturer, Scheurich GmbH & Co KG has received backing from German private investors, the Bavaria Industries Group AG (Baikap) to acquire Deroma, the world‘s leader in terracotta pottery. The company, located in the ...


Taylor Grange Retail acquires Flooring Republic in a bid to rescue the company 15 June 2018

The Manchester office of national law firm Shoosmiths has advised on a rescue deal for a flooring business with more than 20 stores across the country.Taylor Grange Retail Limited, a new business set up by the owner of long-standing client, property ...


Kingfisher opens first net zero energy store 15 June 2018

Kingfisher, the international home improvement company, has announced that the recently opened Peterborough Screwfix store will be the first in its estate to be net zero in its energy usage. The news comes as Kingfisher publishes its annual ...


Toolbank parent makes Irish acquisitions 12 June 2018

Dormole, the privately-owned business that owns Toolbank, has increased its investment in the Irish market by purchasing 100% of the share capital of Tucks O’Brien Ltd (TOB) and Tucks Fasteners & Fixings Ltd (QFF ) – the leading tools and ...


Poundworld calls in administrators putting more than 5,000 jobs on line 11 June 2018

Discount chain Poundworld has become the latest high street name to fall into administration after attempts to restructure the business have failed.Deliotte restructuring partners Daniel Butters and Clare Boardman have, today, been appointed as ...


Garden centres report ‘rollercoaster month’ in April 11 June 2018

Sales at garden centres across the country were up and down during April, according to the Garden Centre Association’s (GCA) Barometer of Trade (BoT) report. Outdoor plant sales remained down at -12.73% compared with the same month last year but ...


B&Q overhauls kitchen and bathroom sales process 8 June 2018

B&Q has entered into a consultation process with 700 employees as a result ofnew plans to simplify the buying process within kitchens & bathrooms, including scrapping its Homefit installation service.The DIY giant has proposed to change the ...


British consumers want more government support for indies 8 June 2018

New research revealed that nearly three quarters (72%) of UK consumers want the government to do more to back the growth of smaller, independent retailers. According to a YouGov poll of GB consumers, 42% said they would consider shopping with an ...


An abundance of inspiration from the HTA catering conference 7 June 2018

A Recipe for Growth’ was the theme of this year’s HTA Catering Conference, held on 5 and 6 June, in the new venue of the beautiful Birmingham Botanical Gardens. The two-day event and exhibition provided a great forum for looking at opportunities and ...


Stores still key to shopper journey 7 June 2018

Despite numerous CVAs and branch closure plans on the high street, stores offering convenience and a destination shopping experience will continue to provide value for retailers, as online sales grow. Stores are still a key part of the multichannel ...


Ultra Furniture Ltd in administration, as business is hit by Tesco Direct closure 7 June 2018

UK upholstery manufacturer, Ultra Furniture Ltd, appointed administrators yesterday, resulting in 160 job losses, following news that its biggest customer, Tesco Direct is set to close this summer.Steven Muncaster of Duff & Phelps, was ...


Hartley Botanic's 'Tropical Britain' tradestand wins best in show at RHS Chatsworth 7 June 2018

British greenhouse and glasshouse manufacturer Hartley Botanic has been awarded the best tradestand accolade at RHS Chatsworth Flower for its ‘tropical Britain’ tradestand. Key to the Lancashire manufacturer’s success has been its single-minded ...


Amazon UK on recruitment drive 7 June 2018

Online retail giant set to create more than 2,500 permanent jobs in the UK this year in order to meet increasing customer demand and an ongoing expansion of products and services. The new additions will grow Amazon’s total permanent workforce in the ...


Carpetright gets go-ahead from shareholders for recovery plan 6 June 2018

Flooring specialist, Carpetright has secured shareholder approval for emergency plans to keep the business trading using money raised through a conditional placing. The placing and open offer, which took place on June 5, raised around £60million. ...


Consumer spending in DIY stores and garden centres soar in May 6 June 2018

The sunshine brought shoppers out in force in May, as consumer expenditure rose significantly during May, peaking over the early Bank holiday, with garden centres recording a year-on-year increase of 50.3% over the weekend, whilst spending in DIY ...


Police report 4% increase in shoplifting across UK 4 June 2018

Latest figures reveal that retailers have seen an average increase of 4% in shoplifting incidents in the past year, with over 370,000 offences reported in 2017-18.Overall, a total of 378,725 shoplifting incidents were recorded in the UK during the ...


John Lewis Partnership acquires home improvement business Opun to enhance home services offer 4 June 2018

The John Lewis Partnership today announced that it has acquired Opun, which manages home improvement projects on behalf of customers. The acquisition will strengthen the retailer’s position in the home services market while also complementing its ...


Wilsons of Colchester acquire Westbrook & Thompson 1 June 2018

DIY Wholesaler Wilsons of Colchester has announced it has acquired Westbrook & Thompson, the South London wholesaler of household hardware and DIY products who has been established since 1919, offering products and service to retailers and trade ...


BHS.com’s fate shows retailers need physical stores and website to survive 1 June 2018

Yesterday’s announcement that Al Manna Group would be scrapping the resurrected BHS website demonstrates that UK department stores, can only survive by employing a multi-channel sales approach that incorporates both high street shops and a website, ...


Sugru inventor nominated for European Inventor Award 1 June 2018

Irish inventor Jane ní Dhulchaointigh and her team have been nominated for a European Patent Office (EPO) prize for creating the world's first mouldable glue.Mrs ní Dhulchaointigh is the first ever Irish finalist thanks to the putty-like, mouldable ...


B&M profits soar as customers flock to discount retailers 1 June 2018

Discount retailer B&M has announced a positive result in revenue despite purse strings tightening and high street retailers struggling to keep afloat.Income at B&M European Value Retail S.A. for the 53 weeks to 31 March 2018 was £3.03bn ...


Stax takes to the road with mobile showroom 1 June 2018

Stax Trade Centres has invested in a new mobile showroom that is visiting customers’ premises to showcase its workwear range.The showroom, which is mounted on a road trailer, is a first for Stax, which supplies workwear services to a wide range of ...


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