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Home & DIY

Kingfisher chairman departs amid successful turnaround results

Wednesday 22 March 2017 - Posted by Ben Stevens

B &Q owner Kingfisher has announced the departure of its chairman Daniel Bernard while revealing strong growth in its full year results. In the year to the end of January, adjusted pre-tax profits for the group rose by 8.3 per cent to £743 million, while underlying pre-tax pro...


The White Company eyes US expansion

Monday 20 March 2017 - Posted by Elias Jahshan

Furniture and fashion retailer The White Company is set to make its bricks-and-mortar debut in the US with plans to open a New York City store. Opening in the city’s famous Fifth Avenue this summer, there are also plans to open more stores in shopping centres across New York s...


Bunnings to launch ecommerce platform

Wednesday 15 March 2017 - Posted by Elias Jahshan

Bunnings business plans to launch an e-commerce platform in the next 18 months as it aims to capitalise on the UK's £38 billion hardware market. In a presentation to investors on Monday, Bunnings UK managing director PJ Davis said digital engagement in the UK was “very importa...


Dobbies CEO John Cleland quits

Monday 06 March 2017 - Posted by Elias Jahshan

The head of garden retailer Dobbies John Cleland has just resigned after eight months at the helm, due to family and personal reasons. Former Wyevale boss Nicholas Marshall, who has over 30 years’ experience in the garden retail sector, will replace Cleland as the new chief ex...


Dreams ends 3-year turnaround with skyrocketing profits & sales

Monday 06 March 2017 - Posted by Elias Jahshan

Profits and sales at bed and mattress retailer Dreams soared in 2016, ending its third and final year of its turnaround plan on a high note. In its unaudited results for the full-year period ending December 24, Dreams’ sales surged by 20 per cent to £280 million, compared to 2...


Wickes & Toolstation parent company profits plummet 67%

Thursday 02 March 2017 - Posted by Elias Jahshan

The parent company of DIY chain Wickes has posted a 67 per cent plunge in full-year profits due to the cost of branch closures and its struggling plumbing and heating business. Travis Perkins, which also owns Toolstation, lost £57 million from costs incurred from its plan to s...


Amara hires first chief customer officer

Wednesday 01 March 2017 - Posted by Elias Jahshan

Online homewares retailer Amara has hired Maddie Melson to be its first chief customer officer. Working closely with non-executive director Robin Terrell, Tesco’s former chief customer officer who joined the luxury etailer in November, Melson’s role will focus on refining Amar...


Sainsbury's Argos hires Gary Kibble as new marketing director

Tuesday 28 February 2017 - Posted by Elias Jahshan

Argos has appointed Gary Kibble as its new marketing director, poaching him from Mothercare where he held a similar role for almost two years. Kibble will join the Sainsbury’s-owned retailer in the next few months, and will report to Bertrand Bodson, chief digital and marketin...


Argos forced to pay £2.4 million back to underpayed employees

Thursday 16 February 2017 - Posted by Ben Stevens

A £1.5 million fine has been handed to Argos, alongside a £2.4 million repayment bill, after it was found to have paid staff less than the minimum wage. Following a report naming and shaming retailers who were in breach of minimum wage laws, HMRC has issued a penalty fine to t...


B&Q to debut small-format store in north London

Monday 13 February 2017 - Posted by Elias Jahshan

Home and DIY retailer B&Q is set to debut its small-format store on the high street at the beginning of March when it opens on Holloway Road, north London. With the “home improver” as its target consumer group, the stripped-back version of B&Q will feature tools and hardware, ...