Footfall ‘plummets’ in retail locations across the UK

Posted 18th June |
Money Matters

Colder weather and economic uncertainty ‘made many consumers think twice before heading out to the shops’, said the BRC

Furniture sales drive shop price inflation in May

Posted 13th June |
Money Matters

However, deep deflation in other categories, including electricals, put ‘downward pressure’ on non-food prices

Topps Tiles lauds ‘resilient’ H1 2019 performance despite slip in profits

Posted 21st May |
Money Matters

Pre-tax profit fell by 18.8% in the period, while revenue declined by 0.2% year-on-year

Retail vacancies hit highest rate in four years

Posted 17th May |
Money Matters

‘Empty shopfronts, particularly for larger stores, can deter shoppers from an area, decreasing footfall’

Kingfisher sales bounce back in Q1 after tough 2018

Posted 15th May |
Money Matters

The group will be launching new ranges in surfaces, bathrooms and kitchens this year

Furniture sales bolstered by Easter weekend

Posted 15th May |
Money Matters

However, April’s figures were ‘positively distorted’ by the timing of the run-up to Easter, the BRC noted

Shop price growth slows in April, says BRC

Posted 9th May |
Money Matters

There was a significant pick-up in promotional activity last month, with the number of discounted products doubling

Wickes bounces back in Q1 2019 following difficult 2018

Posted 8th May |
Money Matters

The Travis Perkins brand saw growth in its kitchen and bathroom sales after being ‘hard hit’ last year

Norcros sees 2.4% LFL revenue rise in 2018

Posted 25th April |
Money Matters

However, overall like-for-like revenue in the UK declined by 0.2%, the group added

Topps Tiles buys majority stake in Strata Tiles

Posted 18th April |
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


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