Kingfisher profits drop by 18% in H1 2018

Posted today - 10:51am |
Money Matters

B&Q’s like-for-like sales declined by 2.5%, while Screwfix saw growth driven by specialist trade desks

Retail parks ‘salvage’ footfall as high streets see drop

Posted 11th September |
Money Matters

Overall, footfall dropped across all retail destinations by 1.6%, according to the BRC

BFC welcomes Government export strategy report

Posted 7th September |
Money Matters

‘We must keep reminding the Government of the importance of the furniture and furnishings industry to the economy,’ said BFC chairman Jonathan Hindle

Brits are rushing home refurbs to ‘beat Brexit clock’

Posted 5th September |
Money Matters

Homeowners are hurrying to buy bathroom fixtures and home appliances before March next year

Big-ticket item sales make comeback in August

Posted 4th September |
Money Matters

However, overall spend in the non-food sector ‘remained constrained’, the BRC said

Homebase creditors approve CVA proposal

Posted 31st August |
Money Matters

The favourable vote has prevented the troubled DIY chain from falling into administration

Five years of shop price deflation ‘comes to an end’

Posted 29th August |
Money Matters

Non-food deflation saw its lowest rate last month since April 2013

High streets see continued growth as retail park footfall drops

Posted 20th August |
Money Matters

‘There’s no escaping the fact that retail is changing,’ said BRC CEO Helen Dickinson, pictured

Kingfisher reports ‘improved’ performance at B&Q

Posted 16th August |
Money Matters

Sales were up for the DIY chain in Q2 2018 against a ‘continuing weak UK consumer backdrop’

Homebase confirms closure of 42 stores and 1,500 jobs at risk

Posted 14th August |
Money Matters

The company has launched a company voluntary arrangement as part of its restructuring plan

Furniture sales ‘forgotten’ in July, says BRC

Posted 10th August |
Money Matters

In-store sales of non-food products declined by 2.4% on a like-for-like basis in the three months to July

1,000 jobs at risk as Homebase owner looks to cut 60 stores

Posted 8th August |
Money Matters

Private equity firm Hilco Capital is outlining proposals for a company voluntary arrangement, according to reports

Mobile searches for UK brands grow in Q2 2018

Posted 8th August |
Money Matters

The home and garden sector saw the highest year-on-year growth in the second quarter, the BRC said

Shop prices see ‘lowest deflation’ in eight months

Posted 7th August |
Money Matters

Non-food shop price deflation ‘lessened’ to 1.4% in July, the BRC said

Kitchen and bathroom sales weaken at Wickes

Posted 31st July |
Money Matters

Owner Travis Perkins said it is implementing a “significant cost reduction programme” for the retailer

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