DIY
The latest news, updates and analysis on the DIY and home improvements segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
-
Jul- 2023 -25 July
Wickes Q2 LFL sales up 3%
Wickes Group has announced that its like-for-like sales for the 13 weeks to 1 July were up 3%. Alongside this the company’s like-for-like sales for the first half of the year were up 0.7% despite the fact that Q1 like-for-like sales were down 1.8%. The company’s core LFL sales were…
Read More » -
4 July
SCS names Mark Fleetwod as CFO
Flooring and furniture retailer ScS has revealed it has appointed Mark Fleetwood as chief financial officer (CFO). He will join the board of the group and take up his role as CFO on 4 September 2023. The retailer said Fleetwood has significant retail and PLC experience most recently serving a…
Read More » -
Jun- 2023 -19 June
B&Q to cut energy costs by dimming lights in stores
B&Q is reportedly set to dim lights and lower temperatures in stores in order to cut energy costs and avoid price rises, according to The Telegraph. The outlet reported that parent company, Kingfisher, has lowered the temperature in stores by 1-2 degrees alongside shortening the hours its heating is in…
Read More » -
12 June
Dreams appoints new CFO and CIO
Bed retailer Dreams has announced the appointment of Petra Kasperova as the new chief financial officer, effective from the end of June, and Dan West as chief information officer. Kasperova has been promoted to CFO from her role as director of finance and insight, having 19 years of experience at…
Read More » -
May- 2023 -30 May
GNG Group appoints commercial director
Mattress retailer GNG Group has announced the appointment of Richard Gretton to the role of commercial director at its West Yorkshire business. He joins the group from Hypnos Beds where he spent almost six years as global retail sales director. Prior to that, he was commercial director at Castelan Group…
Read More » -
24 May
Kingfisher Q1 sales hit £3.3bn
Kingfisher has revealed that it has posted £3.3bn in sales for the three months to 30 April 2023, an increase of 0.8% year on year. The B&Q and Screwfix owner stated that 18% of sales were affected by poor weather conditions in the spring causing a like for like decrease…
Read More » -
23 May
Topps Tiles HY profits drop despite record sales
Topps Tiles has seen its profit before tax drop to £1.7m compared with £5.6m in the same period last year, for the 26 weeks ended 1 April 2023. This profit drop comes despite the company posting £130.3m in sales, a record for a six-month period and an increase of 9.3%…
Read More » -
23 May
Victoria Plumbing revenues up 10% in H1
Victoria Plumbing has revealed that half-year revenues increased 10% year-on-year to £146.8m for the six months ended 31 March, compared with £133.9m in the same period last year. In addition, the bathroom retailer has improved its gross profit for the period, increasing 14% year-on-year to £66.8m, with the gross profit…
Read More » -
12 May
Dunelm to open its first store at Atria Watford
Dunelm, the homewares retailer, is to open a 33,000 sq ft store within Atria Watford. Dunelm already has 179 stores across the UK and this new store will be located in the former John Lewis unit, which closed in 2020 as part of the department store’s store closure programme. Set…
Read More » -
3 May
Wickes sales hit by adverse weather in Q1
Wickes has revealed that for the first 16 weeks of the year to 22 April the group’s like-for-like sales were down by 0.6%, with core like-for-like sales down by 3.6%. The group has attributed this to its core sales having been affected by adverse weather at the start of the…
Read More »