The Home Improvement Research Institute provided the results of its quarterly survey among homeowners.
Comparable sales down 1.5 per cent
Lowe’s sales up 5.2 per cent in Q4 2022
Lowe’s has reported an increase in sales for the fourth quarter of 2022 of 5.2 per cent. According to a press release by the second largest …
Mr. DIY II: Now over 2 500 stores worldwide
Mr. DIY aggressively expands despite geopolitical, economic circumstances
Rapid store expansion is one of Mr. DIY’s three pillars of growth. In 2022, the Malaysian retailer opened …
Bricomarché, Bricorama and Brico Cash lose sales in France
In France, the Bricomarché, Bricorama and Brico Cash DIY stores achieved a turnover of EUR 3.318 bn last year, 2.8 per …
South Africa
Cashbuild turnover down 4 per cent year-on-year in second half of 2022
South African home improvement retailer Cashbuild has reported sales of 5.649 bn South African Rand (ZAR, EUR…
Successor to Sergio Giroldi
Kingfisher CEO Thierry Garnier is the new president of Edra/Ghin
Kingfisher CEO Thierry Garnier is the new president of the international DIY association Edra/Ghin. Erwin van Osta…
In a bid to expand market share
Philippines’ Wilcon poised to add two more store formats
Wilcon Depot, the Philippines’ biggest home improvement retail chain, is set to add two new store formats to its two …
Up to 10 per cent sales growth
Ace Indonesia aims to build 10 to 15 stores in 2023
Ace Hardware Indonesia, the country’s top home improvement retailer, aims to build 10 to 15 stores this year and has allotted up…
Two-part series at DIY+
Mr. DIY’s growth trajectory shows no signs of slowdown
Malaysian home improvement retailer Mr. DIY ended 2022 with more than 2 500 outlets across the globe, indicating that it has …
Mr. DIY I: Greece, Eastern Europe lined up
Mr. DIY out to replicate Asian success in Europe?
Malaysian home improvement retailer Mr. DIY continues to expand in Europe. But analysts doubt whether the business model and the …
Home of 30 years vacated
World Farm opens second garden centre in Singapore
World Farm, one of the largest garden centres in Singapore, has opened a second branch in the city-state shortly after it moved …
Another record year
Home Depot announces USD 157 bn in sales for 2022
Home Depot has reported sales for the fourth quarter of fiscal 2022 as well as total numbers for fiscal 2022. Sales for fiscal …
Thailand
DoHome sales up 21.4 per cent in 2022
A better economic outlook dampened by global issues and inclement weather resulted in a 21.4 per cent jump in Thai home improvement retailer …
Malaysia
New stores support Mr. DIY earnings for 2022
Top Malaysian home improvement retail chain Mr. DIY posted a 9.3 per cent rise in its revenues for the fourth quarter of 2022. The …
MD Purchasing Frank Staffeld, Hagebau
“We need to be bolder”
The new MD of purchasing and category management at German cooperative Hagebau has taken a critical look at price trends and the cooperative’s relationship …