Essential reading for retailers and suppliers in the home improvement market

International News

The Home Depot acquires The Company Store

The Home Depot announced on December 21 2017 that it has acquired The Company Store, a leading online retailer of textiles and home décor products, from Hanover Direct. The deal closed on December 19 and terms were not disclosed.In addition to its ... 
2 January 2018

Gardenex secures government funding for major garden trade exhibitions in the US, Germany, Italy and Japan

The Gardenex export federation has been successful in securing cash grant funding for four major international garden trade exhibitions in the Government’s latest bidding round. The funding is available to eligible SMEs under the DIT’s Tradeshow ... 
2 January 2018

Poundland's parent company under investigation for accounting scandal

Global retailer and parent company of Poundland, Steinhoff, has come under fire recently due to an investigation into an accounting scandal at Steinhoff International Holdings NV that has seen the value of the company decrease sharply by $11.4 ... 
8 December 2017

Home Depot announces $15 billion share buyback scheme

The US home improvement giant has, today, announced a $15 billion share repurchase plan and set out a target to grow annual sales to between $114.7 billion and $119.8 billion by the year ending January 2021. The company said the new buyback program, ... 
6 December 2017

Bunnings to launch transactional website in Australia

News from Australian media have announced retail giant Bunnings will launch a transactional website down under in 2018. Avid DIY-ers will be able to purchase items from Bunnings’ special orders range online, where there are currently more than 20,... 
4 December 2017

AkzoNobel and MasterPeace complete 100 'let's colour walls of connection'

AkzoNobel and global peace movement MasterPeace have reached the milestone of creating 100 "walls of connection" in more than 30 cities this year. The 100th mural was painted this week at the AkzoNobel education center in Badshahpur, Gurgaon, India.... 
29 November 2017

Amazon late for launch down under

After months of speculation, Amazon was set to debut a soft launch of their new Australian marketplace website, retail consultant Scott Kilmartin told Australian news outlet, The New Daily, there would be a “soft launch” of the site on Thursday, ... 
28 November 2017
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With a mixed bag of reports on consumer confidence due to Covid-19 and figures at odds with actual sales, what are you seeing in terms of customer sentiment?



Latest reader comments

re: A guide to construction safety for home builders

Daniel Wood
Safety should always be the first priority. If followed properly, these precautions are all we need to tackle all unwanted accidents. I ...

re: Further Homebase closures ahead

Shaun Collorick
Cheltenham homebase has closing down signs outside, but not Gloucester homebase.... Yet!...

re: B&Q sales slide, as Screwfix decision to exit German market costs millions

B&Q bob
No surprises from us on the shopfloor management paralysed by fear of jobs and to weak to take chances so bumble around. Ranges boring, and ...

re: Further Homebase closures ahead

Miss l'a tesha gc Wilson
Please keep me updated regards all Store closures Thank you...

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Peter Earl
I HOPE GRAHAM BELL THE NEW CEO OF B&Q GETS TO GRIPS OF THE COMPANY VERY SOON.MY WIFE WENT FROM SHADOXHURST TO GILLINGHAM TO GET SOME ...

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