Essential reading for retailers and suppliers in the home improvement market

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All Poundworld stores to close by next month

Poundworld is set to vanish from high streets as its administrator announces all stores will close by August.The Administrators of Poundworld Retail Limited, Deloitte UK, has announced that the distribution centre operations will close on Friday 20 ... 
23 July 2018

Disappointing figures, as heatwave and World Cup keep shoppers away

Non-food sales suffered in June, according to the latest ONS Retail Sales Index (RSI), falling 0.6% in volume terms, whilst online reported some uplifts. The Office for National Statistics (ONS) reported that retail sales in June grew 2.9% on an ... 
19 July 2018

Akzo reports loss of revenue in Q2

Akzo Nobel has announced its operating income fell 23% to 225 million euros (£199.92 million), however Decorative Paints return on sales1 up at 12.2% (2017: 11.6%) driven by 5% higher selling prices. The first wave of price increases were successful ... 
19 July 2018

Valspar partners with B&Q and Screwfix to offer exclusive trade range

Valspar Trade has announced it is launching a range of new trade products aimed at professional decorators with the two major retailers nationwide.The Sherwin-Williams-owned brand has a long-standing exclusive relationship with B&Q, since it was ... 
19 July 2018

£1billion VAT bombshell for building supplies

A £1billion VAT bombshell will hit building supplies to the UK if builders merchants are forced to pay 20% VAT upfront on European timber and other materials. Parliament voted this week to ban the UK from raising taxes bound for the EU unless the EU ... 
19 July 2018

Bradfords Building Supplies posts 19% sales jump

The merchant group says it is reaping the rewards of expansion, with turnover set to pass £150million in FY2018/19. Bradfords Building Supplies (BBS) reported a 19% year-on-year increase in total sales for 2017/18. The business continues to expand ... 
19 July 2018

Stax registers as private company

The wholesale and cash and carry operator has announced a change of status, as it prepares for future growth. The Stax business has been re-registered as a Private Limited Company and will now be known as Stax Trade Centres Ltd.“This is a ... 
17 July 2018

Winners announced for GIMA Awards 2018

The winners of the GIMA awards 2018 were announced at the Celtic Manor Resort, Newport, in South Wales last week. The pinnacle of the garden retail industry’s calendar, the event brought together manufacturers, retailers, members of the press and ... 
16 July 2018

GCA to host international congress

The Garden Centre Association (GCA) is set to host the International Garden Centre Association congress for the first time in 10 years, with garden retailers from across the globe to attend the 20119 event.The GCA is expecting 250 delegates from ... 
13 July 2018

Stax acquires Groundsman from Harris

Wholesale operator, Stax Trade Centres has expanded its own-brand offering with the acquisition of the Groundsman brush range range of household brooms, brushes and dustpans.The Groundsman brand, which was previously distributed by LG Harris, joins ... 
13 July 2018

B&M posts 8.3% sales jump in Q1

Discount retail chain reported its best-ever first quarter early summer trading season, with record sales from garden and outdoor leisure ranges and like-for-like sales up 1.6% across the UK business. The strong start to the year, B&M believes, ... 
12 July 2018

Traditional bathroom retailers to benefit from DIY withdrawal

A new report on the UK bathroom retail market finds that sales have increased by £235million in the past six years, with a new boost for ‘full service’ bathroom retailers likely from 2019 following the withdrawal of B&Q’s Homefit installation ... 
12 July 2018

B&Q moves away from promotional activity with new pricing policy

The DIY and garden chain has announced plans to lower prices on 2,000 products across the business in a bid to deliver its ‘Do It For Less’ strategy and to make its pricing more transparent for customers. B&Q said it is investing more than £... 
11 July 2018

Covers enhances doors and windows offer with new showroom

Covers will celebrate the official opening of the revamped doors and windows showroom at its Chichester branch on Wednesday, July 18.The improved showroom follows a refurbishment of the branch in Quarry road last year and the opening of the new-look ... 
9 July 2018

June sales cap off “crippling” first half

Further sales declines mean 2018 is on course to be worst year on record for UK high street, with the British government urged to step up and help retailers.This year may be remembered for the Royal wedding, a summer of sunshine and the World Cup, ... 
6 July 2018

Shopware capitalises on “considerable growth” with first UK office

E-commerce platform Shopware is opening a dedicated London office in response to increased demand for its services, as it describes the UK as “one of our most important markets”.Shopware reports that it has enabled more than £5billion in gross e-... 
6 July 2018

Amazon set to rake in $1.6billion, as it extends Prime day of deals

Amazon has dubbed this its “bigger than ever, Prime Day (and a half)”, with the promotional event extending from 30 hours to 36 hours this year and featuring more than one million deals globally, with 40% more ‘Spotlight’ deals in the UK than in ... 
6 July 2018

Amazon secures top spot for customer satisfaction for sixth year in a row

The online giant has retained the top spot in the UK Customer Satisfaction Index (UKCSI), with John Lewis coming in at number two and as many as eight non-food retailers making up the top 20, including Argos, Wilko, M&S and Pets at Home.... 
5 July 2018

B&Q sweeps the board at Hampton Court with award-winning Bizzie Lizzie garden

B&Q sweeps the board at Hampton Court with award-winning Bizzie Lizzie gardenAs well as proving a huge success instore, B&Q’s impatiens revival, the Imara Bizzie Lizzie, has landed B&Q a Gold medal at the RHS Hampton Court Flower Show, ... 
4 July 2018

Topps’ LFLs continue downward trend in Q3

The tile specialist’s latest trading update revealed a 2.3% decline in like-for-like (LFL) sales for the 13 weeks ended July 1, as Topps reports challenging market but strives to stay ahead with investments in promotional activity and a stronger ... 
4 July 2018
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Latest reader comments

re: £1billion VAT bombshell for building supplies

VAT Bombshell
I do not understand the problem?You just need to organise VAT deferment facilities with your Bank, the same as non-EU country imports now....

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

Muriel
Have to agree that this paint is expensive and poor .Went to Valspar for a colour match which granted is correct .But the eggshell wood ...

re: Tesco plans alliance with French giant Carrefour

Glenn Phillips
Does this mean Carrefour will return to our shores again? i do hope so, sadley missed by many...

re: B&Q overhauls kitchen and bathroom sales process

H D Fawx
B&Q's latest overhaul to its design and installation service is all about profit for shareholders. I'm not fooled into thinking your ...

re: Acana tackles carpet moths with carpet & fabric moth killer and freshener

Stephanie Ferrante
Hello, could someone from customer service call me - I am located in the US and we have a moth/ carpet issue. I am going to purchase this ...

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