Opinion on Home Improvement and Gardening Supplies

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Type Product title / description Pub Price
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Homeform: investment plans provide new direction

Two months after being acquired by private equity group Sun Capital Partners for an undisclosed sum, HomeForm's management has unveiled plans to overhaul its stores and deliver operational efficiencies, in a bid to rebuild the fitted home improvement specialist's profitability. Such actions are urgently needed if HomeForm is to prosper in an intensely competitive market.

Published By Datamonitor
27 Jun 2007
CommentWire
CommentWire

Hornbach: building on solid growth

Europe's sixth largest DIY retailer has trebled its EBIT to E32.6 million due to increased sales volumes domestically and abroad. In spite of the challenging German DIY market, Hornbach has grown strongly in recent years. Hornbach's prospects are expected to get even better with economic parameters in Germany picking up and a peak in consumer expenditure before the VAT rise in 2007.

Published By Datamonitor
13 Dec 2006
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Hornbach: strong 2006 and future outlook

Europe's seventh largest DIY retailer has released FY results, with strong growth both abroad and at home. Despite a challenging domestic market, the German DIY group Hornbach has performed well in recent years, due to the retailer proactively targeting the right growth areas. Going forward, the retailer is well placed to reach its target of doubling turnover over the next decade.

Published By Datamonitor
25 May 2007
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HRG: Argos defies expectations as Homebase's woes continue

Home Retail Group has announced that its main fascia, Argos, has experienced better than expected recent trading, with like-for-likes declining by only 1.6% in the final eight week trading period of the financial year ended February 28, 2009. However, sister chain Homebase has continued to struggle, with like-for-likes declining by 10.2%.

Published By Datamonitor
12 Mar 2009
CommentWire
CommentWire

HRG: spreading the risk

The benefits of a multi-channel, multi-fascia retail business were shown when the UK's HRG reported contrasting fortunes for its two retail brands, Homebase and Argos, over the last quarter. While there is a certain amount of crossover between the two businesses, each one's different focus helps insulate the group from poorly performing markets.

Published By Datamonitor
13 Sep 2007
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HSS: a change of ownership

Former Asda boss and Conservative MP Archie Norman has bought tool hire specialist HSS from 3i. The acquisition, the first by Mr Norman's new investment vehicle Aurigo Management, marks the second change of ownership in four years for HSS. While the price of GBP310 million seems high compared to the GBP125 million 3i paid for it, HSS is a changed business with excellent long term growth potential.

Published By Datamonitor
14 Jun 2007
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Is there a market for 'no-frills' fuel retailing?

Service stations are getting more like 'one-stop-shops' every day. With products from hot food to Internet access, you could be forgiven for forgetting the fuel was there. The major reason is that retailers make low margins on fuel. But in that case, why are Petroplus' fuel-only unmanned sites doing so well in the Netherlands? Datamonitor's Mike Phillips looks at the curious case of Tango...

Published By Datamonitor
24 Jan 2002
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Kingfisher faces more pain before gains

Kingfisher, the European DIY market leader, has reported weak Q1 results. However, this seems to be an industry trend, as Kingfisher's new figures, which follow results from its US rivals, Home Depot and Lowe's, paint a bleak picture of home improvement retailing. With the possibility that retailing conditions may worsen, Kingfisher will have to work hard in order to return to financial health.

Published By Datamonitor
05 Jun 2008
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Kingfisher shows strong performance in France

Kingfisher's like-for-like growth of 2.6% over the 12 months to February 2, 2008 lifted global turnover to GBP9.4 billion. However, the figure hides a mixed picture of underlying profitability. Retail profit was down by 2.7%, impacted by tough market conditions in the UK and China, but, with more than half of its sales coming from abroad, the retailer has become a strong international player.

Published By Datamonitor
28 Mar 2008
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Kingfisher's new appointments complete board makeover

Kingfisher, Europe's leading home improvement group, has announced new appointments that will complete its newly convened retail board. While its senior management will be relieved that these seats have been filled with talented individuals, investors should not expect a quick return to form at the ailing retailer, especially with the prospects for the home improvement market deteriorating.

Published By Datamonitor
17 Jul 2008

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