Latest Intelligence on Home Improvement in Europe

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Type Product title / description Pub Price
Expert View
Expert View

Kingfisher: Ireland rescued but for how long?

A new business plan from parent company Kingfisher has enabled B&Q Ireland to exit examinership while retaining eight stores. Under its new investment plan, Kingfisher will invest E2.4m, and new rents have been agreed to help profitability. However, given the challenging market conditions and the comparative size of market leader Woodies, the retailer still faces an uncertain future.

Published By Datamonitor
05 Oct 2013
Expert View
Expert View

UK Customer Satisfaction Awards 2013: why the sector winners stand out

John Lewis may have been the leading name in the roll call of winners at last week's Verdict Customer Satisfaction Awards, but the Verdict poll of 5,900 consumers also revealed the winning retailers within individual sectors. Verdict's analysts give their insight into why these retailers stood out to their customers.

Published By Datamonitor
01 May 2013
CommentWire
CommentWire

Kingfisher: franchising scheme to lead to swift expansion

The UK-based Kingfisher is set to introduce a franchise model as part of its long-term growth plans, which are to be announced in the first quarter of 2011. This initiative will enable Kingfisher to expand quickly, reduce the impact of difficult trading conditions in the UK and increase its hold over the European market.

Published By Datamonitor
07 Oct 2010
Expert View
Expert View

UK DIY specialists: diversifying to survive

The Big Four DIY specialists have experienced somewhat of a renaissance in 2009, following significant like-for-like declines in 2008. This has very much been driven by range diversification and transferred spend; demand in core DIY categories remains stagnant and smaller independents with a high exposure to these categories these are still struggling.

Published By Datamonitor
22 Oct 2009
Expert View
Expert View

Focus DIY: looks to CVA for survival

Focus DIY is reported to be attempting to set up a company voluntary arrangement with its creditors, which would allow the specialist retailer to cut its debts without going into administration. Such an arrangement would be sensible as it would relieve pressure on Focus, which is becoming a necessity given the downturn in the DIY market and the retailer's weakness compared to its major rivals.

Published By Datamonitor
24 Jun 2009
Expert View
Expert View

Topps Tiles: succumbs to market downturn

UK tile market leader Topps Tiles has announced an 18.3% decline in like-for-like sales for the first seven weeks of the new financial year on the back of a significant decline in the trading environment. With market conditions set to deteriorate further and new competitors emerging, trading is set to become tougher still; however, Topps Tiles is still in a good position to compete.

Published By Datamonitor
25 Nov 2008
Expert View
Expert View

Wolseley hit hard by building industry downturn

Third quarter results from Wolseley, the world's largest supplier of plumbing and heating products, has revealed continued weak trading, with pre-tax profits for the nine months to April 30 down 30% year-on-year. Wolseley's dependence on the highly cyclical building sector means that there is little that it can do to boost sales growth, while its huge debts make cost cutting the top priority.

Published By Datamonitor
23 May 2008
Expert View
Expert View

Praktiker sees healthy foreign growth prop up domestic market

Although sales at Praktiker were up by 24.8% to E4 billon in 2007, EBITA was down to E116 million, impacted by heavy losses in Germany. Despite it being the right strategic move, the company has slowed its domestic store conversion program to maintain financial flexibility during the credit crunch. However, there is a brighter outlook as foreign growth looks set to continue.

Published By Datamonitor
03 Apr 2008
CommentWire
CommentWire

Topps Tiles: ready to face challenging conditions

Although like-for-like revenue is expected to show a decline of 0.5%, and operating profit is likely to fall by 2.9% to approximately GBP20.7 million, the long-term outlook for Topps Tiles looks positive. The firm is well positioned to fend off new entrants to the market, and although it faces tough trading conditions ahead, a strong business model means that Topps Tiles can weather the storm.

Published By Datamonitor
26 Mar 2008
Expert View
Expert View

Travis Perkins: taking advantage of adversity

In contrast to the gloom engulfing many of Britain's retailers, builders' merchant to DIY group Travis Perkins has reported healthy preliminary results for 2007, with revenues up by 11.9% to GBP3.2 billion and an increased operating profit. Looking ahead, the company is keen to use its financial strength to take advantage of acquisition opportunities, despite concerns about weak consumer demand.

Published By Datamonitor
05 Mar 2008

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