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.
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Dec- 2021 -22 December
Wickes appoints new retail director
Wickes has announced the appointment of Carol Campbell to the newly created role of retail director, with effect 6 January…
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13 December
Dunelm signs £185m credit deal linked to sustainability
Dunelm Group plc has announced the signing of a £185m sustainability-linked unsecured revolving credit facility (“RCF”). It revealed the deal…
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10 December
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend…
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9 December
IKEA exceeds Living Wage rates amid pay rise
IKEA has exceeded the new real Living Wage rates in its latest pay increase, which sees staff wages rise to…
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3 December
Wickes ups profit guidance amid ‘strong’ Q4 sales
Wickes has increased its full-year earnings expectations after a “strong” fourth-quarter trading period, with profit expected to be no less…
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2 December
Halfords acquires automotive service company for £62m
Halfords has announced the purchase of tyre and automotive servicing company Axle Group Holdings Ltd (National) for a total consideration…
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Nov- 2021 -26 November
ScS orders hit by fall in ‘big ticket’ purchases
ScS has seen a decline in orders in recent weeks, with a one-year like-for-like order decline of 10.6% following an…
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19 November
Kingfisher profits to reach top end of forecast after strong Q3
Kingfisher believes its full-year profit will be at the top end of guidance after welcoming a strong sales performance in…
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1 November
Ikea workers to benefit from £93m Covid bonus
More than 170,000 Ikea employees are set to benefit from a share of €110m (£93m) in recognition of their efforts…
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Oct- 2021 -28 October
Travis Perkins hikes profit guidance amid ‘robust’ trading
Travis Perkins has upgraded its expected profit for its full-year results following a period of “robust” trading in recent months. …
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