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- 2019 -5 December
Dunelm profits to beat expectations
Dunelm expects its full-year profits to beat original forecasts, the company said in its latest trading update. The furniture and…
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Nov- 2019 -27 November
Ikea profits slip amid increased focus on online business
DIY retail giant Ikea has reported a 10% decrease in profits for the year to the end of August 2019,…
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27 November
SCS reports sales slump
Furnishings retailer SCS has reported a fall in like-for-like sales amid “growing political uncertainty”. In the 17 week period ended…
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26 November
Topps Tiles warns of ‘heightened economic uncertainty’ as sales slump
Topps Tiles has reported a 7.2% decrease in like-for-like revenues for the first eight weeks of its new financial year,…
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20 November
Kingfisher sales take a tumble in Q3
Kingfisher, the parent company of B&Q and Screwfix, has announced a poor quarter of sales in its latest trading update.…
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8 November
Halfords acquires garage chain amid profit plunge
Halfords has announced the acquisition of garage chain McConechy’s Tyre Service after closing a deal worth around £9.3m. The deal,…
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7 November
Ikea UK sales top £2bn in 2019
Furniture retailer Ikea has announced that total annual sales in the UK have soared by 8% to £2.1bn for the…
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Oct- 2019 -22 October
Wickes helps boost Travis Perkins Q3 sales by 3.8%
DIY retailer Travis Perkins has reported a 3.8% increase in Q3 sales boosted in part by a “strong performance” from…
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8 October
Ikea could face large EU back-tax bill
Swedish furniture giant Ikea is facing the possibility of having to pay millions of euros in back taxes, as the…
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Sep- 2019 -4 September
Halfords sales fall 3.9% amid poor weather and consumer confidence
Halfords has reported a 3.9% drop in revenues for the 20-week period ending 16 August, after it revealed “wetter weather”…
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