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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Oct- 2018 -25 October
ScS to pull concessions from House of Fraser
Furniture and floorings retail chain, ScS, has announced it will cease trading within House of Fraser stores in its trading…
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11 October
Ikea reports strong growth in retail sales for FY 2018
Flat pack furniture retailer Ikea has reported a 4.7% increase in retail sales to €38.8bn (£33.9bn) in its full year…
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9 October
Ikea fined £100,000 after worker loses part of two fingers
Furniture retailer Ikea has been fined £100,000 after two of an engineer’s fingers were partially amputated during maintenance work on…
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8 October
B&Q slash 200 management roles to ‘boost shop floor staff numbers’
DIY retailer B&Q has announced proposals to “improve customers’ shopping experience” in stores by moving 1,750 colleagues to shop floor…
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Sep- 2018 -28 September
Unions file complaint against Ikea over ‘workers’ rights abuses’
An international coalition of labour unions is calling for an investigation into supposed “wide-ranging violations” of workers’ rights at furniture…
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19 September
B&Q owner Kingfisher sees 15% profit slump with H1 results
Kingfisher, which owns DIY retailers B&Q and Screwfix, has reported a 14.8% drop in H1 pre-tax profits, dragged down by…
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Aug- 2018 -31 August
Homebase ‘very likely’ to enter administration if CVA isn’t passed
The future of Homebase is to be decided today as creditors vote on a CVA which would see the closure…
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20 August
Amazon ‘aggressive bidders’ for empty Homebase stores
Retail giant Amazon is looking to purchase empty Homebase stores from new owner Hilco in order to help increase its…
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16 August
B&Q owner Kingfisher records Q2 revenue boost thanks to warm weather
Kingfisher, the owner of B&Q and Screwfix, has posted a 1.6% increase in revenue during the three months ending 31…
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14 August
42 Homebase stores to face the axe
DIY retailer Homebase has announced the closure of 42 stores, resulting in around 1,500 redundancies. The DIY chain has already…
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