DIY
DIY covers the latest business developments and trends across the UK home improvement and hardware retail sector. This section reports on trading performance, consumer demand, sustainability initiatives, and supply chain management among leading DIY and home retail brands. Retail Sector’s DIY coverage provides insight into how retailers are adapting to shifts in housing, lifestyle, and economic conditions — offering practical analysis for executives, suppliers, and category managers shaping strategy and operations in this competitive market.
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Jun- 2021 -14 June
UK Flooring Direct appoints new CCO
UK Flooring Direct has announced the appointment of Elia Green as the new chief commercial officer (CCO). Green was originally appointed head of marketing campaigns in April 2019 and since then has achieved three promotions, from commercial director to now taking a place on the company board. The retailer is…
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14 June
Cox & Cox invests in consumer protection as sales soar
Homeware retailer Cox and Cox has joined the Furniture and Home Improvement Ombudsman (FHIO) amid reported sales growth of 74.5% year on year for the period ending January 2021. Cox and Cox said the decision comes as it aims to demonstrate its “ongoing commitment to raising standards and promoting consumer…
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10 June
Kingfisher unveils carbon reduction targets
Kingfisher has announced its new carbon reduction targets, which are consistent with reductions needed to keep global warming at 1.5°C. Over the past four years, the business has successfully cut operational carbon emissions by 27%. The group also formed a partnership with the Rainforest Alliance to “protect, restore and enable…
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2 June
Kingfisher signs £550m responsible credit facility
Kingfisher, the owner of B&Q and Screwfix, has signed a £550m three-year revolving credit facility agreement linked to responsible business targets. Through the agreement, Kingfisher will benefit from lower interest rates if the responsible business plan’s targets are met, with a two-year extension also a possibility. The targets focus on…
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1 June
Wickes edges up FY guidance amid strong sales
Wickes Group has anticipated that its half-year profits will reach £45m and that its full year adjusted profits will range between £55m and £74m, following “better than expected” sales growth. The news follows the retailer’s recent trading update for the 21 weeks to 22 May which saw total like for…
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May- 2021 -24 May
Homebase opens new store in Cheltenham
Homebase has revealed that it has opened a new store in Cheltenham, marking the first one to open in six years. Located on Tewkesbury Road, the new 36,591 sq. ft store has created 29 jobs in the local area. Included in the new showroom is a variety of kitchen and…
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24 May
Travis Perkins to sell plumbing and heating business for £325m
Travis Perkins has announced that it has agreed to sell its plumbing and heating (P&H) distribution business to an affiliate of H.I.G. Capital for a cash consideration of £325m. The transaction is expected to be completed within the next three months and falls alongside the recent demerger of Wickes, with…
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20 May
Travis Perkins makes formal commitment to disability inclusion
Travis Perkins has formally announced its commitment to disability inclusion after joining The Valuable 500 last year. According to the group, the commitment is part of a “wider strategy” to build a fully inclusive workplace for its 20,000 colleagues who work across its offering . It also extends to the…
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20 May
Kingfisher raises guidance as Q1 sales soar 60%
Kingfisher has increased its profit forecast for the year after total sales for the first quarter of 2021 came to £3.44bn, resulting in a 60% year-on-year increase. The B&Q parent company saw like-for-like sales grow by 64.2% over the period compared to last year and posted a 22.5% rise when…
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19 May
Dunelm sees sales soar by 59% following reopening
Dunelm has reported a 59% increase in sales in the seven weeks ending 9 May, despite only being able to trade for five weeks following the easing of lockdown restrictions on 12 April. In an update, the homewares retailer said that sales growth has been “very strong” since non-essential retail…
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