Essential reading for retailers and suppliers in the home improvement market

Homebase in diy to stay says md

Published: 4 January 2007
As Homebase celebrates its 25th anniversary, managing director, Paul Loft, insists that the company will not be getting out of diy.
Homebase in diy to stay says md
In an exclusive interview in this week's DIY Week, Mr Loft said that Homebase would not be turning its back on its traditional roots.

The rebuttal comes as retail giant has repositioned itself with a move to the softer end of the market.

This new home enhancement concept is bringing a new dimension and new breed of customer to Homebase, which opened its first store in Croydon, Surrey, in March 1981.

Mr Loft told DIY Week: "The diy enthusiast is still core to our business.
It would be a mad strategy to withdraw. Homebase is in diy and will stay there."

In the interview Mr Loft looks at the company's business strategy and its plans for the future.

He also reveals that Homebase expects to open another 150 new stores at a rate of 15 a year. It currently has 306 outlets.

o Read this week's DIY Week for the full revealing interview.

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark

What do you think?


As a retailer, what do you struggle most with in the adhesives & sealants category?




Latest reader comments

re: B&Q invites suppliers to pitch at Innovation Open Day

Chaminda Lankagama
We are an electrical engineering compay and a shet metal fabricator. we can provide customiezed products and also standared sheet metal ...

re: Independent Chichester DIY shop to close after almost 60 years

Martin Sampson
so sad to see a fellow independent retailer go, this a now a common sight across both our industry and the country as a whole, wishing you ...

re: Suspended prison sentences for Floors-2-Go directors

Lynn
I would look into culzeen ventures also for these.shite bags...

re: B&Q and Valspar partnership to "transform the paint market in the UK"

Kat
I own an eleven bed B&B and redecorate every year so have lots of experience. My local B&Q started stocking Valspar, so I decided ...

re: B&Q opens its first small-format high street store

Keith Messam
It is with regret that we are closing our 58 year old tool business in Chichester. Just wondering if B&Q would be interested in taking ...

Most read stories