Essential reading for retailers and suppliers in the home improvement market

Latest News

Industry sees significant declines...but not in all sectors

GfK's Spotlight on DIY reveals that some areas of the market are up as much as 34%, suggesting a growing 'don't move, improve' mentality. 
8 October 2008

BRC welcomes Bank of England's decision to cut interest rates

British Retail Consortium believes 0.50% cut is 'the kind of decisive action needed in the current financial turbulence'. 
8 October 2008

Joy stores bought by founder

It was announced today that a buyer had been found for 12 of Joy's 28 retail stores. And it appears that of the two brands, Joy and cookshop brand Hob, it may be that Hob is the one to survive. Read more... 
8 October 2008

Asda launches Direct offer

Expansion of non-food arm steps up supermarket’s challenge and takes it head to head with Tesco and Argos. 
7 October 2008

BHS sees profits plummet but homewares holds up

It was bad news for department store group British Home Stores this morning, as it reported a drop of 34% in annual profits. However, Home was one of its star departments. 
7 October 2008

MFI divisions in administration after MBO

MFI's retail and property divisions were placed into administration yesterday after chief exec Gary Favell completed an MBO which saved 106 stores. 
7 October 2008

Focus to axe 750 jobs

Following a review of the business, DIY chain calls staff to attend store meetings to hear details of redundancies. 
6 October 2008

More woe for big ticket retailers

MFI is to place between 90 and 100 of its 192 stores into administration this week, according to reports over the weekend, with a loss of more than 1,000 jobs. While Magnet Kitchens has informed its suppliers that they must accept a 5% reduction on all prices from this month on. Read more... 
6 October 2008

BHF Finance reduces vehicle loan rates

Members to benefit as rates for used cars and vans are brought in line with new vehicles. 
3 October 2008

Seeds not 'sow' reliable

Annual Which? Gardening report reveals some leading flower and vegetable seed brands are still 'not up to scratch'. 
3 October 2008

Decco supports DIY Dinner 09

Decco has confirmed its support for the Rainy Day Trust (RDT) by again sponsoring the raffle at the DIY Charity Gala Dinner, held in aid of the industry charity. 
3 October 2008

John Lewis sees weekly sales slide

John Lewis has blamed the deepening credit crisis, or rather the coverage it is getting in the media, combined with unseasonably sunny weather for an 8.3% fall in sales for the week ending September 26. 
3 October 2008

Scotts announces Humax purchase

The Scotts Miracle-Gro Company has announced the purchase of Humax for an undisclosed sum. 
2 October 2008

Notcutts buys NWF centres

Notcutts has been revealed as the buyer for the six NWF garden centres which were put up for sale in August this year. 
2 October 2008

Bridgemere Garden World to be demolished

The Nantwich centre is to be demolished, it has been announced, to make way for a brand new, improved multi-million pound centre. 
2 October 2008

Hillhout merger creates new company

Garden timber manufacturer Hillhout has merged with Dutch brand Gouderak BV, creating one of the largest garden timber firms in Europe. 
2 October 2008

National minimum wage increases by 3.8%

One million UK workers to benefit from the hourly rise, which is effective from today. 
1 October 2008

B&Q launches new City & Guilds qualification scheme

DIY chain becomes first UK retailer to offer nationally recognised Home Improvement Qualification. 
1 October 2008

Crown buyout completed

The management team of Crown Paints has today completed its buyout of the business from parent company Akzo Nobel. 
1 October 2008

The City says: Kingfisher

City broker Investec has cut its pre-tax forecasts for B&Q parent Kingfisher by 2% for the current year, and by 9% for the next. 
30 September 2008

What do you think?

With all the extra social distancing measures retailers have been forced to put in place, floor planning, product positioning, creative merchandising and POS displays are more crucial than ever.
But which of the following product categories do you feel are the most challenging to merchandise?

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