Latest Intelligence on Home Improvement and Gardening Supplies in Europe

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Type Product title / description Pub Price
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Home Retail Group: repositioning Homebase for the future

Home Retail Group has released its interim results for the six months to September 1, 2007 and has much to be proud about, with Argos sales up 4.7% and Homebase extending its appeal with new product ranges and more aspirational store environments. However, with competition growing across its core markets, Homebase in particular will need to run just to stay still.

Published By Datamonitor
24 Oct 2007
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DIY & gardening retailers: fragile recovery comes at a high price

A new report published by retail analysts Verdict Research, predicts that the UK DIY & gardening market will return to growth in 2007, after two years of decline. However, it notes the recovery will be fragile. Verdict says that rather than being driven by an upturn in underlying demand for home improvement products, the recovery reflects higher inflation and substantial investment by retailers.

Published By Datamonitor
19 Oct 2007
CommentWire
CommentWire

Kingfisher: the going will get tough

For the first half of 2007, DIY retail group Kingfisher has reported overall like-for-like sales growth of 4.3% to GBP4.8 billion, while UK like-for-likes were considerably weaker at 1.9%, reaching GBP2.3 billion. Despite improvements to its retail brand B&Q, a wet UK summer has negatively affected sales. However, its efforts to gain market share are set to pay off once the market bounces back.

Published By Datamonitor
20 Sep 2007
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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Dobbies: Tesco wins bidding war

Tesco's critics often accuse it of reducing competition by raising the bar for smaller retailers, but in relation to its acquisition of Dobbies, Tesco's intervention could create a genuine heavyweight able to provide gardening shoppers with a much needed alternative to UK market leader Wyevale.

Published By Datamonitor
14 Aug 2007
CommentWire
CommentWire

Travis Perkins: impressive figures provide platform for growth

Just a week after Kingfisher reported lackluster quarterly figures, UK building materials group Travis Perkins has delivered an extremely upbeat set of first-half results. With double digit uplifts in both sales and operating profits, and like-for-like growth at its highest rate since 1993, the company is keen to expand its scale further and looks set to be successful in doing so.

Published By Datamonitor
03 Aug 2007
CommentWire
CommentWire

Kingfisher: weak UK performance takes shine off strong international results

Kingfisher, Europe's leading home improvement retailer, pinned the blame for a disappointing set of UK figures on the recent unseasonal weather. While results from other markets are generally encouraging, Kingfisher desperately needs to convince skeptical investors that its recovery strategy at B&Q can deliver results.

Published By Datamonitor
30 Jul 2007
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Kingfisher: planning to profit from Russia's retail revolution

DIY retailer Kingfisher has outlined plans for a GBP250 million expansion in Russia, just a year after opening its first store there. While some will see this is a risky strategy, when its fledgling stores have not had time to prove themselves, Kingfisher rightly counters that it cannot afford to miss out on Russia's retail revolution.

Published By Datamonitor
17 Jul 2007
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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
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Focus: a new beginning?

After months of negotiations, an agreement has finally been reached that secures the future of the UK's third largest DIY specialist, Focus. While long term competitive challenges remain, this deal offers the company the best chance yet of a platform for profitable growth.

Published By Datamonitor
19 Jun 2007

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