Footfall ‘plummets’ in retail locations across the UK
Posted 18th June | Money MattersColder 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 MattersHowever, 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 MattersPre-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 MattersThe group will be launching new ranges in surfaces, bathrooms and kitchens this year
Furniture sales bolstered by Easter weekend
Posted 15th May | Money MattersHowever, 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 MattersThere 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 MattersThe 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 MattersHowever, 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 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
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