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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Sep- 2021 -21 September
Home DIY boosts Kingfisher H1 profits to £677m
B&Q owner Kingfisher, has revealed that for the six months ending 31 July 2021, statutory pre-tax profits increased 70.6% to £677m from £398m the previous year. Total sales during the six-month period also increased by 19.9% to £7.1bn from £5.92bn in 2020 and was driven by strong demand for home…
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14 September
Made.com sees H1 losses narrow to £10.1m
Made.com has revealed that it has narrowed its pre-tax losses for the six-months period ending 30 June 2021 to £10.1m from £15.2m the prior year. During the period, revenues grew 61% to £171m from £106.3m and was boosted by a “strong’ second quarter. Despite the ongoing supply chain issues, gross…
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8 September
Dunelm sees FY21 profits surge 44% to £157.8m
Dunelm has reported that pre-tax profits for the full-year ended 26 June 2021, grew by 44.6% to £157.8m from £109.1m, reflecting the group’s ongoing focus on operational grip, despite the impact of store closures. Total sales also rose by 26.3% to £1.3bn for the period from £1.05bn the previous year…
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3 September
Travis Perkins acquires new site for flagship branch
Travis Perkins has announced that it has acquired the former Motus Commercials site in the St Philips area of Bristol in a multimillion-pound deal for the creation of a new flagship branch. The site which was brokered by NG Chartered Surveyors, has been transformed into a new 20,000 sq ft…
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2 September
Homebase welcomes gov Kickstart recruits to Nottingham store
Homebase has announced that it has kickstarted its creation of 300 jobs across Britain for young people with the first recruits set to join the retailer’s Nottingham store. As part of the government’s Kickstart Scheme, the retailer will be offering people aged 16-24 the chance to learn new skills, gain…
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Aug- 2021 -13 August
Homebase returns to Bradford with new store set to open
Homebase has announced its return to Bradford with a new store set to open at Enterprise 5 Retail Park later this year. The 34,500 sq ft store and 10,000 sq ft garden centre will feature home and garden products alongside paint and wallpaper as well as home furniture and accessories.…
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10 August
Homebase extends Macmillan Cancer Support partnership grant
Homebase has announced that it has extended its partnership with Macmillan Cancer Support for another three years, with a new aim of working together to provide home-related grants. The grant, which is a one-off payment of £350, will support those affected by cancer, and their families with the extra costs…
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5 August
ScS ‘encouraged’ by strong trading
ScS has been “encouraged” by a period of strong trading in FY21, despite stores being closed for 17 weeks of the period, with its full year like-for-like order intake down by only 6.5% on 2019. The group said that when stores have been open, performance has been “encouragingly” strong, with…
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Jul- 2021 -23 July
Homebase to create 300 jobs for young people
Homebase has revealed that it is creating 300 jobs for young people across the UK as the first home and garden retailer to take part in the government’s new Kickstart Scheme. The scheme gives people aged 16-24 the chance to learn new skills, gain “real life” work experience and build…
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21 July
Wickes sales surpass pre-pandemic levels in H1
Wickes has revealed that sales have once again surpassed pre-pandemic levels following a strong half-year of trading, as the group reported a two-year sales growth of 22.4% in H1. Meanwhile, like-for-like growth for the 26 weeks to 26 June 2021 rose by 33.1% year-on-year. Since reopening, ordered sales have grown…
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