Distribution

GfK survey

Retail in the EU grows by 6.8 per cent

After the retail trade in the 27 EU states already recorded a sales increase of 1.5 per cent in the first coronavirus year of 2020, sales rose again significantly by 6.8 per cent in 2021. The highest growth rates were …

Distribution21. June 2022

Production also to be sold

Ikea continues to scale down business in Russia and Belarus

Ikea continues to scale down its activities in Russia and Belarus. On 3 March, the Swedish group had already announced …

Distribution17. June 2022

2022/2023 financial year

Hornbach confirms sales and reduces EBIT forecast

The German DIY group Hornbach has confirmed its sales forecast for the first quarter, but reduced its EBIT forecast for the …

Distribution15. June 2022

Change at the top

Obi: Sergio Giroldi retires - Sebastian Gundel to succeed him

At today's supervisory board meeting, Sergio Giroldi (67) announced his decision to retire as chief executive officer …

Distribution14. June 2022

Central bank data

Brunei: Loans for home improvement continue to fall

Bruneians’ appetite for home improvement remained weak in the last quarter of 2021, with borrowings for the purpose hitting …

Distribution8. June 2022

2015 to 2020

Top 5 DIY retailers worldwide increased sales space almost without exception

Four out of five of the world's Top 5 DIY retailers increased their retail space between 2015 and 2020…

Distribution8. June 2022

Press reports

Bauhaus Austria to grow by 15.8 per cent

The German DIY chain Bauhaus is believed to have achieved sales of around EUR 490 mio in Austria in 2021, equivalent to an increase of …

Distribution7. June 2022

Strongest growth in the garden

Italian DIY stores increased their turnover by 9.1 per cent in 2021

DIY stores in Italy increased their turnover by 9.1 per cent in 2021. The garden range grew the most, by 16.0 …

Distribution3. June 2022

Inflation depresses earnings

Ace Hardware reports growth of 8.9 per cent

Ace Hardware has reported record first-quarter 2022 revenues of USD 2.2 billion, an increase of USD 181.8 million, or 8.9 per cent, …

Distribution1. June 2022

Wickes like-for-like at the beginning of 2022 with a slight minus

Wickes has reported a slight year-on-year decline in its like-for-like sales of 0.6 per cent in the first 20 weeks…

Distribution30. May 2022

Statistics

Kingfisher sales up 25.6 per cent since 2010

UK-based Kingfisher has delivered strong sales growth of 6.8 per cent and 7.3 per cent in both the 2021 and 2020 coronavirus years. …

Distribution30. May 2022

Omni-channel strategy

Ikea opens in skyscraper

Ikea has opened a furniture store in the Canadian city of Toronto. It is the first time it is in the immediate downtown area. Located on the first two …

Distribution26. May 2022