Topps Tiles buys majority stake in Strata Tiles

Posted Thursday |
Money Matters

The company has the option to acquire the remaining 20% stake in the Guildford supplier based on performance over the next two years

Hettich surpasses €1bn in sales for 2018

Posted 8th April |
Money Matters

The group said its UK operations achieved both sales and market share growth last year for all of its ‘core’ products

Sink and tap brand Roux Lifestyle falls into administration

Posted 4th April |
Money Matters

Martin Maloney and Andrew Poxon of Leonard Curtis have been appointed joint liquidators

Cosentino Group sees ‘record EBITDA’ of €143m in 2018

Posted 4th April |
Money Matters

The company said it created close to 400 new jobs last year, as well as investing more than €88m

Topps Tiles sees LFL revenue uptick in H1 2019

Posted 3rd April |
Money Matters

However, total sales in the period fell from the £109.4m recorded in 2018 to £108.8m

Overspending on kitchen revamps can negatively affect property value

Posted 21st March |
Money Matters

Online builders’ merchant D.W. Nye said luxury products in a non-luxury property can be detrimental to profit margins

Kingfisher sees profits drop by more than half in 2018

Posted 20th March |
Money Matters

The group has said that it plans to roll out more Screwfix stores in the UK, while B&Q’s performance remains poor

Footfall 'falls fast' in February, says BRC

Posted 19th March |
Money Matters

‘The uncertainty surrounding Brexit appears to be driving a ‘needs-not-wants’ approach to shopping’

Time to prepare: Making Tax Digital is coming

Posted 16th March |
Money Matters

The first element of a new tax regime, Making Tax Digital, is coming into force in April

Brexit uncertainty impacts retail growth, says BRC

Posted 14th March |
Money Matters

Retail sales in the UK declined by 0.1% on a like-for-like basis in February, according to the latest monitor

Shop price inflation at six-year high, says BRC

Posted 6th March |
Money Matters

However, weak discretionary spending and intense competition means heavy discounting is likely to return

Travis Perkins sees profits drop as Wickes takes hit

Posted 4th March |
Money Matters

The group said kitchen and bathroom showroom sales at the DIY brand were ‘hard hit’ in H1 2018

Footfall decline slows in January, says BRC

Posted 25th February |
Money Matters

BRC CEO Helen Dickinson noted that retailers are focusing on in-store discounts to attract shoppers

Brits predict demise of independent retailers on high streets

Posted 22nd February |
Money Matters

The survey by KIS Finance also found that 61% of Brits are ‘worried the high street will disappear in the next 10 years’

Retailers cautious despite return to sales growth

Posted 18th February |
Money Matters

‘The risk of a disruptive no deal Brexit could see these fortunes reversed,’ said BRC CEO Helen Dickinson

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