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John Lewis tops week with Which? award
John Lewis' week got better and better following its award for best British Retailer as trading figures for the week to June 23 indicated sales rose 5.1%.
29 June 2007
Business news round-up
Debenhams leases Irish outlet; Carpetright targets investments to fuel improvements; Galiform restructures
29 June 2007
Maisie retires from GIMA
Maisie Slater will end her 17-year association with the Garden Industry Manufacturers Association (GIMA) on Wednesday (July 4).
27 June 2007
Webbs of Wychbold wins Ruxley Rose
Midlands garden centre, Webbs of Wychbold was crowned regional winner of the Ruxley Rose Award for its plants department.
22 June 2007
Hunter further increases his stake
Tom Hunter’s West Coast Capital investment vehicle has taken its stake up to 21.4% by acquiring a further chunk of shares at 1800p a share.
20 June 2007
Green light to shine at HTA conference
This year’s HTA conference will not only be distinctly green in its business agenda, but will also be the first major carbon neutral event in the garden industry.
20 June 2007
Hunter gets his 25%; Tesco reduces conditions for shareholders
Another day, another Dobbies tale to relate.
Sir Tom Hunter has gained 25.57% to block Tesco's cash bid, however it has emerged that Tesco reduced the acceptance level to shareholders saying its bid would be valid with only 50% of the shares taken.
20 June 2007
Akzo Nobel's cash offer for ICI could trigger competing bids
Speculation is mounting that after Akzo Nobel's £7.2bn offer for ICI, any one of a number of bidders – including BASF, DuPont, Dow Chemical, and private equity – will come in to try and trump the Dutch paint giant.
18 June 2007
Cerberus ties up deal for Focus
Focus DIY was sold today to Cerberus. The private equity firm will pay off debts of £174m to bondholders, and bring in two former Wickes directors.
18 June 2007
‘Two Bills’ set for Focus DIY
Two men who revived the fortunes of Wickes in the 1990’s are set to be asked to repeat the trick at troubled Focus DIY.
17 June 2007
Battle lines drawn as Sir Tom Hunter increases his stake in Dobbies
Sir Tom Hunter shows no sign of backing down in the face of Tesco's £156m bid after acquiring a further 10% of Dobbies' shares with backing from investment bank Kaupthing Singer & Friedlander.
14 June 2007
Focus confirms sale talks
Focus DIY has today (Thursday June 14) confirmed it is in talks with US hedge fund Cerberus about a sale of the company.
14 June 2007
Argos and Homebase see sales increase
Chief Executive Terry Duddy is pleased with Home Retail Group's 'strong start' to the new financial year.
14 June 2007
New chief executive for NWF Group
NWF Group has announced the appointment of Richard Whiting to the board as chief executive designate as of October 1, 2007.
12 June 2007
Sir Tom Hunter mulls over counter-bid for Dobbies
It is looking increasingly likely that Tesco will be drawn into a bidding war for Dobbies after it emerged that one of its major shareholders, Sir Tom Hunter, is in talks with rival retailers, including Marks & Spencer.
11 June 2007
Home improvement 'on the up'
UK diyers hope to add £5,000 to value of their property with improvements carried out in the last 12 months.
11 June 2007
Butterfly Elite to close UK subsidiary
Butterfly Elite, suppliers of stainless steel housewares, is in discussions whether to close its UK subsidiary in Eastbourne.
11 June 2007
Tesco is shock bidder for Dobbies
Tesco, has emerged as the shock bidder for Edinburgh-based Dobbies Garden Centres.
8 June 2007
Good start to the year for Screwfix
First quarter results for Screwfix have been encouraging and showed sales growth of 25.9% to £103 million in the 13 weeks ending May 5, 2007.
8 June 2007
HTA welcomes Tesco's proposed acquisition
In the short term, the gardening industry should be cheered by Tesco’s proposed acquisition of Dobbies, the HTA said.
8 June 2007
[View latest news archive by year/month]
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