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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Mar- 2021 -24 March
Wickes demerger to commence following FCA approval
Travis Perkins has “marked the next milestone” in the demerger of Wickes from the group after submitting a proposal of…
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22 March
Kingfisher full-year profits soar amid DIY boom
Kingfisher has announced that pre-tax profit soared by 44.4% to £786m in the year ended 31 January 2021, following a…
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19 March
Halfords acquires Universal Tyre and Autocentres for £15m
Halfords has announced it has reached an agreement to acquire Universal Tyre and Autocentres (Universal) for a consideration of £15m.…
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15 March
Screwfix to open 50 new stores in UK and ROI
Screwfix has announced it plans to open more than 50 stores, creating around 600 new jobs in communities across the…
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9 March
Kingfisher to expand B&Q to Saudia Arabia
Kingfisher has announced that it has signed a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle…
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Feb- 2021 -25 February
Ikea UK hit with £33m loss amid pandemic
Ikea UK has announced that total sales fell by £200m to £1.9bn in its full-year ended 31 August 2020, down…
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16 February
Cox and Cox sees FY sales up 75%
Homeware retailer Cox and Cox has reported a “strong” Q4 that saw sales up 85.4% up on the previous year,…
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16 February
Dunelm deputy chair raises £192m from share sale
Dunelm has announced that Will Adderley, deputy chairman at the home furnishings retailer, has sold 15 million shares in the…
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Jan- 2021 -29 January
Screwfix reaches £2bn in yearly sales
Omnichannel retailer Screwfix has surpassed £2bn in sales for the year to January 2021, creating thousands of new jobs in…
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15 January
Dunelm revenues up 11% despite store closures
Homeware retailer Dunelm has reported an 11.8% increase in revenues for the 13-week period ended 26 December 2020, despite having…
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