Philippine home improvement chain AllHome Corp. has expanded into pet supplies retailing to capitalize on the “natural synergy” between home building and maintenance and animal companionship.The company announced in a …
“Grand Opening festivities”
Mr. DIY Philippines in a store opening frenzy
Malaysian Home improvement retailer Mr. DIY is on a store-opening frenzy in the Philippines, with the company going on a campaign of …
First in Germany and Austria
Obi no longer prints brochures and relies on digital communication
Obi is the first DIY store to abandon advertising brochures and in future will rely entirely on digital customer …
Statistics
Obi sales slightly down on 2021, but around 5 per cent up on 2019
After a steady growth in sales between 2016 and 2020, Obi, like many other DIY store operators in Germany, …
Online shop also closed
Clas Ohlson leaves the UK for good
Swedish retail chain Clas Ohlson has left the UK for good. This was revealed in the annual report for the financial year 2021/2022. The company …
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 …
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 …
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 …
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 …
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 …