Topps Tiles buys majority stake in Strata Tiles
Posted Thursday | Money MattersThe 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 MattersThe 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 MattersMartin 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 MattersThe 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 MattersHowever, 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 MattersOnline 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 MattersThe 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 MattersThe 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 MattersRetail 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 MattersHowever, 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 MattersThe 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 MattersBRC 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 MattersThe 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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