Tuesday, April 24, 2018

Carpetright will “emerge much stronger” after CVA says boss

Carpetright’s chief executive believes the business will “emerge much stronger” after a company voluntary agreement (CVA).

Is B&Q about to move on to the high street?

B&Q chief executive Veronique Laury has revealed the business is considering trading in its warehouse stores for smaller formats.

Homebase flies in specialist consultants as UK future under threat

Homebase has flown in the help of specialist consultancy firm Boston Consulting Group (BCG) as it continues to struggle in the UK

Dunelm posts 5.1% rise in Q3 revenue

More good news from Dunelm this morning as the UK’s leading homewares retailer reported back on its third quarter trading.

300 jobs at Carpetright slashed as insolvency plans continue

Carpetright has announced plans to pull the shutter on dozens more stores making hundreds of employees redundant.

Hobbycraft announces new CEO Dominic Jordan

Arts and craft retailer Hobbycraft this morning announced Dominic Jordan will be promoted to chief executive

Ikea CEO announces dramatic “transformation” plans

Ikea has announced plans for a dramatic “transformation of our business” over the next three years.
Asos homewares

Asos poised to launch own-brand homewares

Asos is planning to launch its first own-brand homeware range, after quietly expanding its non-clothing offering.

Wesfarmers flies in chairman Michael Chaney to review problems

Wesfarmers has flown in its chairman Michael Chaney who will tour the company’s Homebase and Bunnings stores in the UK.

Homebase edges closer to sale as potential buyers circle

Homebase could soon be bought from its struggling Australian owner Wesfarmers as interested private equity firms begin to circle.

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