Essential reading for retailers and suppliers in the home improvement market

International News

Akzo Nobel acquires Malaysia's Colourland Paints business

Akzo Nobel has strengthened its business in Asia by acquiring (100% shares in) Colourland Paints Sdn Bhd and Colourland Paints (Marketing) Sdn Bhd - both referred to as "Colourland Paints" - a home-grown paints and coatings manufacturer with wide ... 
1 November 2018

Walmart extends two-day shopping and returns policy ahead of Christmas

Asda parent and US retail giant Walmart is working with its marketplace sellers to make millions of items available for free two-day shipping without a membership fee and simplifying the returns process for items purchased from these sellers, in ... 
24 October 2018

Sears files for bankruptcy

US retail giant and Kmart parent, Sears Holdings has, today, filed for Chapter 11 bankruptcy protection, as it strives to reorganise the business and become a "more competitive retailer". The decision was reportedly taken when Sears could not meet a ... 
15 October 2018

Akzo Nobel steps up market position in Spain and Romania with new acquisitions

Akzo Nobel has today completed the acquisition of 100% of the shares of Fabryo Corporation S.R.L. (Fabryo), becoming the leader in the Romanian decorative paints market.The news follows the announcement last month that the Dutch paint giant had ... 
1 October 2018

Sure Fit Home Décor acquires Protect-A-Bed

The acquisition of the firm, which is known for its patented mattress protection and mattress encasement protection, adds a new category to Sure Fit’s product portfolio, which already includes a wide assortment of home textiles and accessories.... 
1 October 2018

Clas Ohlson opens second Lab Store

The Swedish retailer opened the second of its new concept stores today in Helsinki, Finland, offering customers the chance to shop a more tailored, seasonal product range and experience Clas Ohlson “in a new and exciting way”.The Lab Stores are ... 
19 September 2018

Kingfisher One transformation adds to challenges in French market

The international home improvement giant described operations in France as “difficult”, as retail profit plummeted more than 30% and sales across its Castorama chain fell 6% in the first half, impacted by activity surrounding its five-year turnaround ... 
19 September 2018

IKEA’s services platform TaskRabbit expands to Canada

Small jobs online platform TaskRabbit, which was bought last year by the world’s biggest furniture retailer IKEA Group, has said it is expanding into Canada, its third market after the United States and Britain.TaskRabbit, whose platform connects ... 
18 September 2018

The Home Depot reports an increase of 8.4% for Q2

The Home Depot has reported sales of $30.5 billion for the second quarter of fiscal 2018, an 8.4% increase from the second quarter of fiscal 2017. Comparable sales for the second quarter of fiscal 2018 were positive 8.0%, and comp sales in the U.S. ... 
17 August 2018

Akzo Nobel strengthens African presence with new coatings facility in Kenya

Dutch paint giant, Akzo Nobel has opened a new coatings production facility in the capital, Nairobi, and says its long-term plan is to expand further and use Kenya as a gateway to the whole of East Africa. The site, which produces coil coatings ... 
9 July 2018
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re: Tommy Walsh: 'I'm really proud of my £1 tools'

Danny Ocean
When are the general public going to realise, that every so called brand or celebrity named product is all to often, a low cost Chinese ...

re: Tommy Walsh: 'I'm really proud of my £1 tools'

Chris Elliot
Professional trades man with a full range of tools from Poundland. My favourite is my spirit level never lets me down. I like going on a ...

re: Homebase appoints Ian Topping as chairman

Jason
Homebase is a lost and needs to close all its stores and do what a pc has to do when it gets a virus...a complete factory reset.Start again ...

re: Graham Bell to head up B&Q as part of Kingfisher reshuffle

B&Q alice
Disgraceful share price plummet seemed to accelerate with buyback scheme. No leadership from VL to help stem this plummet leaving investors ...

re: Homebase appoints Ian Topping as chairman

Gel
HMV & Steinhoff hardly success stories by any stretch of the imaginiation!Homebase needs someone with relevant sector background....

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