Essential reading for retailers and suppliers in the home improvement market

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John Lewis reports strong sales in store over Black Friday week

Despite many shoppers opting to buy online during Black Friday, a number of the John Lewis shops enjoyed a record week last week, with the retailer reporting strong trading across both its physical stores and website.The department store business ... 
28 November 2018

Topps Tiles profits fall and plans for Brexit disruption

Tile specialist Topps Tiles plc, has announced its annual financial results for the 52 weeks ended 29 September 2018. The net debt has been reported as reduced by £11.3 million year-on-year to £16.2 million with a £35.0 million loan facility now in ... 
27 November 2018

Westland launches new Peckish marketing campaign

Westland’s wild bird food brand Peckish has signed up to sponsor the Channel 4 weather bulletins from January 1 until the end of February and will champion feeding wild birds to more than 12.5million consumers.Off the back of strong brand growth ... 
27 November 2018

Black Friday footfall drops compared to last year

Footfall on Black Friday dropped 5.4% compared to 2017, but online sales had skyrocketed 46% year on year by 4pm, Springboard reports.There was similiarly lower footfall over the weekend as shoppers avoided the crush. Saturday’s figures were down 5.... 
26 November 2018

Homebase completes refinancing with £95m

Home retail giant Homebase has confirmed it has secured an asset-based lending facility of up to £95m with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). “We are really pleased to have secured lending facilities from ... 
23 November 2018

John Lewis sees home sales dip, as shoppers wait for end-of-week discounts

Home sales were down by 14.7% at John Lewis & Partners over the past week, as competitor discounts tailed off in anticipation of price drops during today’s Black Friday event.... 
23 November 2018

Outdoor plant sales are the highlight in October

Sales in outdoor plant areas at garden centres across the country performed better than other categories in October according to the Garden Centre Association’s (GCA) Barometer of Trade (BoT) report.Compared to last year (2017) sales of outdoor ... 
23 November 2018

More retailers jump on Black Friday bandwagon

New data finds that 72% more UK retailers are taking part in Black Friday this year, compared to 2017, with even bigger price cuts and more stores than ever before getting involved in the day of deals ... 
23 November 2018

Wyevale agrees sale of five more centres

Wyevale Garden Centres (WGC) has, today, announced deals that will see four centres bought by discount goods and garden retailer In-Excess Ltd, and another purchased by architectural salvage and antiques business English Salvage Ltd... 
22 November 2018

B&Q UK sales slide, as Kingfisher exits Russian and Iberian markets

Kingfisher’s Q3 results reveal a 2.9% LFL decline in sales in the UK & Ireland, as the axing of Homefit took its toll. The global company also announced plans to pull out of Spain, Portugal and Russia, in a bid to focus on more profitable ... 
21 November 2018

Ikea speeds up transformation plan

Ikea has announced it is accelerating its transformation, stepping up investments in new and existing Ikea stores and fulfilment centres, developing city centre formats and focusing on its e-commerce platform, to better meet the needs of its ... 
21 November 2018

Kingfisher confirms sale and leaseback of B&Q stores

Following speculation that money raised from the sale of six B&Q stores would be used to fund Kingfisher’s transformation plan, the global home improvement giant has said this is not the case.A report in the Sunday Times suggested that CEO ... 
20 November 2018

Garland warns of stock availability issues after spike in demand

Garland Products/Worth Gardening is urging retailers to secure stocks from suppliers, as demand for garden products soar – with Garland's sales up 90% in the past month.The garden care products manufacturer has reported a significant surge... 
20 November 2018 predicts Black Friday rush

Home appliance e-tailer is predicting its biggest day for online sales on Friday and has already seen a 70% jump in traffic to the Black Friday area of website, as customers seek deals on branded appliances and household gadgets. 
20 November 2018

Footfall declines expected on Black Friday but online may not strike it big either

Black Friday footfall is forecast to drop by 3.7% across the UK, as consumers head online to shop deals rather than heading out to the high street – although internet sales growth will still not match last year, thanks to poor timing, price ... 
19 November 2018

Capitol Tiles outlets snapped up by BC Ceramics

Following news that Tile Mountain chairman Mo Iqbal acquired Capitol Tiles’ distribution operations after it went into administration, it has been revealed that retailer BC Ceramics has bought six of Capitol’s 11 remaining retail outlets in a ... 
19 November 2018

Akzo delivers on promise to shareholders

Akzo Nobel announces it is to conduct €2 billion capital repayment and share consolidation, returning vast majority of net proceeds from sale of Specialty Chemicals, stating it is now “a focused paints and coatings company”... 
19 November 2018

Visa encourages shoppers back to the high street with Christmas campaign

Visa debuted its first-ever Christmas advert last week, with the campaign featuring real independent businesses and urging consumers to shop their local high street.The commercial first aired on ITV on Friday, November 9 at 7.45pm and has had ... 
16 November 2018

Tong Garden Centre wins Elite Business of the Year

Tong Garden Centre was announced as the Elite Business of the Year at the recent Aagrah Restaurant Group's 36th Annual Dinner and Elite Yorkshire Business Awards that raised £125,000 for charity.Tong's managing director, Mark Farnsworth and ... 
15 November 2018

DIY prices on the up

After weeks of unseasonable discounting and, following news that the CPI inflation rate remained unchanged in October, prices of DIY products have shot up 36% since last week, whilst discounts have also become watered down... 
15 November 2018

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Latest reader comments

re: A guide to construction safety for home builders

Daniel Wood
Safety should always be the first priority. If followed properly, these precautions are all we need to tackle all unwanted accidents. I ...

re: Further Homebase closures ahead

Shaun Collorick
Cheltenham homebase has closing down signs outside, but not Gloucester homebase.... Yet!...

re: B&Q sales slide, as Screwfix decision to exit German market costs millions

B&Q bob
No surprises from us on the shopfloor management paralysed by fear of jobs and to weak to take chances so bumble around. Ranges boring, and ...

re: Further Homebase closures ahead

Miss l'a tesha gc Wilson
Please keep me updated regards all Store closures Thank you...

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

Peter Earl

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