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innovation in retail and home improvement

Home Depot announces USD 150 mio. fund for start up investment

Home Depot has announced a USD 150 million venture capital fund created to identify, fund and partner with early-stage companies. According to a company report, the fund's goal is "to accelerate emerging …

Distribution5. May 2022

Sustainability strategy recognised

Lowe’s Canada receives Merkur award

The DIY store operator Lowe’s Canada was awarded the Merkur prize in the category Strategy for Sustainable Development at the 2022 Gala Les …

Distribution5. May 2022

Southeast Asia

Global posts double digit growth for Q1

Thailand-based home improvement retailer Siam Global House Public Co. Ltd grew its net sales by 11 per cent in the first quarter of 2022 …

Distribution4. May 2022

Travis Perkins

Toolstation sales down 6 per cent in first quarter

Toolstation stores' sales in the first quarter were 6.0 per cent lower than in the same period last year. This was announced by …

Distribution3. May 2022

Philippines

Philippines' Wilcon starts strong with 14.6 per cent rise in sales

Wilcon Depot Inc., the Philippines' largest home improvement retailer, started the year strong with a 14.6 per …

Distribution3. May 2022

Ukraine war

PEFC: Wood from Russia and Belarus is considered conflict wood

In the future, all wood from Russia and Belarus will be regarded as so-called "conflict wood" and therefore cannot be…

Distribution3. May 2022

Obi headquarters distances itself

Russian Obi store reopens in Moscow, all others to follow

A former Obi store has reopened in Moscow. The reopening of the other former Russian Obi stores is also announced on the …

Distribution28. April 2022

Austria

Zgonc renounces capital "Z" because of Ukraine war

The Austrian trading company Zgonc renounces its logo, a capital "Z", the first letter of its name, in its online advertising …

Distribution28. April 2022

“Shopping and Payback”

HomePro benefits from government stimulus programme

Thai home improvement retailer HomePro has reported an increase in sales for the first quarter of 2022. Sales revenue increased …

Distribution26. April 2022

Rural lifestyle retailer

Tractor Supply's net sales increase by 8.3 per cent in the first quarter

US retailer Tractor Supply increased its net sales for the first quarter of 2022 (ending 26 March) by 8.3 …

Distribution25. April 2022

Acquisitions driving growth

Byggmax grows by 14.4 per cent overall, 1.6 per cent in Sweden

In the first quarter of the current year, the Swedish DIY group Byggmax turned over SEK 1.271 bn (EUR 124 mio), 14.4 …

Distribution22. April 2022

New CIO: Fahim Siddiqui

The Home Depot names Matt Carey EVP of customer experience

The Home Depot has named Matt Carey executive vice president (EVP) of customer experience. In this newly formed role, he …

Distribution21. April 2022

CEO of Mitre 10 New Zealand

Andrea Scown on female leadership, international inspiration and war

Andrea Scown, CEO of the New Zealand cooperative Mitre 10, was guest in Edra general secretary John Herbert's …

Distribution19. April 2022

Dähne publishing house and DIY International

Hopeful Easter days!

Those to whom Easter is important associate it with hope. We wish you, our readers, advertisers and users, that you are able to keep hope, even during these …

Distribution14. April 2022