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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Aug- 2018 -8 August
80 Homebase stores to shutter affecting 1,000 jobs
Homebase will announce the closure of 80 stores next week resulting in the loss of 1,000 jobs. The DIY chain…
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Jul- 2018 -31 July
Wickes owner Travis Perkins lowers profit outlook amid ‘challenging DIY market’
The parent company of DIY retailer Wickes, Travis Perkins, has announced that profits “will be lower than previously expected” amid…
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27 July
B&Q reinforces commitment to kitchen and bathrooms market
Home improvement retailer B&Q has begun to recruit 800 new colleagues in its bid to further commitment to the kitchens…
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Jun- 2018 -29 June
Wickes to take on 900 staff from B&Q to meet kitchen and bathroom demand
Wickes has announced that it will take on 900 staff from B&Q to add to its bespoke kitchen and bathroom…
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29 June
Homebase to axe 303 head office jobs
Embattled DIY retailer Homebase will restructure operations at its store support centre in Milton Keynes, resulting in the loss of…
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8 June
B&Q announces sales overhaul with 700 employees consulted over new roles
B&Q has announced that it is to make changes to its sales processes with 700 employees consulted over the changes.…
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8 June
Ikea to remove all single-use plastic products by 2020
Swedish furniture retailer Ikea has launched its updated ‘People and Planet Positive’ scheme, as part of new sustainability strategy. The…
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May- 2018 -25 May
Homebase sold for £1 putting 11,000 jobs at risk
Australian retail group Wesfarmers has sold Homebase to HMV owner Hilco Capital for a token £1. Hilco specialises in restructuring…
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24 May
B&Q owner Kingfisher reports poor Q1 sales
DIY retailer B&Q has reported a 9% drop in like-for-like sales for the three months to April 30 2018. According…
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22 May
Topps Tiles see profits crack by almost 33%
Topps Tiles has seen a 32.6% drop in pre-tax profits, falling from £9.5m to £6.4m. The firm did see revenue…
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