Carl Otto Løvenskiold to receive Global DIY-Lifetime Award
This year’s Global DIY-Lifetime Award goes to Carl Otto Løvenskiold, owner and CEO of Løvenskiold-Vækerø and former board member of the international DIY trade association Edra/Ghin. He will receive the award at the …
To drive AI integration
Home Depot names new EVP and CTO
The Home Depot, the world's largest home improvement retailer, has named Dr. Franziska "Fran" Bell as executive vice president (EVP) and chief …
Nominal and real terms
DIY sales in Germany continue to fall in February
Following a slight decline in January, DIY store sales in Germany fell further in February. Retail sales of metal goods, paints …
Expansion
Action aims to enter the US market
Action is expanding. By 2026, the non-food discounter plans to open at least 400 new stores and enter two new markets: Croatia and Slovenia. A …
Mr. DIY bucks trend
Thai home improvement mostly down in 2025
Thai home improvement retailers had a challenging 2025 owing to macroeconomic pressures, conflict at the border it shares with Cambodia, …
UK up, France down
Kingfisher closes 2025/26 with a 1.3 per cent increase
The British Kingfisher Group has reported a 1.3 per cent increase in turnover for the 2025/2026 financial year (ending 31 …
Online retail
E-commerce share in the DIY sector is growing
Since 2019, the share of e-commerce in total sales of DIY and home improvement products in Europe has seen significant growth. This …
Only international business performed well
Mr. Bricolage sees a 3.3 per cent drop in turnover in 2025
The French DIY group Mr. Bricolage ended 2025 with a 3.3 per cent year-on-year decline in turnover. Turnover stood at EUR…
Overall target achieved
Hornbach up 3.8 per cent in 2025/26 and in the fourth quarter
The German Hornbach Group increased its net turnover by 3.8 per cent to EUR 6.4339 bn in the 2025/2026 financial year …
Jan and Nils Hornbach appointed
Erich Harsch succeeds Albrecht Hornbach as CEO
Erich Harsch (64) is to succeed Albrecht Hornbach (71) as head of the German Hornbach Management AG. In addition to this new role as …
Travis Perkins
Toolstation increases turnover by 2.7 per cent in 2025
Toolstation, the retail arm of the British building materials group Travis Perkins, increased its turnover by 2.7 per cent t…
DIY and Pro sectors grow
Wickes grows by 5.9 per cent in 2025
The British DIY retailer Wickes increased its turnover by 5.9 per cent to GBP 1.6362 bn (EUR 1.8946 bn) in the 2025 financial year. The Retail …
The beaver stays
Obi's new brand strategy will be managed from Vienna across Europe
Obi is reorganizing its brand strategy. This will affect the logo and brand identity — which will be rolled out …
Decline in net income
Ace Hardware reports increase in sales
Ace Hardware has reported full year results for 2025. Revenues were USD 10.0 bn (EUR 8.73 bn), an increase of USD 552.2 mio (EUR 481,85 mio)…
Europe and North America
Ikea to open 20 small stores
In addition to its traditional Ikea stores, the international furniture chain will open 20 new small stores in Europe and North America. This is set to…