Grafton’s DIY business falters

The Irish Grafton Group saw its retail revenue between January and June fall by 12.4 per cent to € 98.2 mio compared with the same period last year. Sales by Woodie’s DIY, the group’s main distribution channel, fell by 18 per cent. No change in sales was reported for its Atlantic Homecare chain, which is under examinership. A restructuring plan envisages the closure of two of the 13 Atlantic stores currently in operation.