Ilya Kornyukhov helped establish Obi in Russia and advised other German companies. In an interview with the German trade magazine diy, he talks about the current situation in the country
Offset by new openings
HomePro feels weak consumption in the third quarter
Thai home improvement group HomePro's third quarter sales were 3.11 per cent higher than the same period last year. Sales …
Increase in turnover expected
Leroy Merlin has remodelled first Romanian store
Leroy Merlin has reopened its first Romanian market after a remodelling. The store in question is the Colosseum location in the …
Ann-Marie Campbell named senior executive vice president
Home Depot to align its pro business
U.S. American and world market leader Home Depot announces changes to align the organisation around its pro business which is seen as its l…
Against late payments, for long payments
Edra wants to block the EU Late Payment Regulation in Brussels
The European DIY association Edra is currently working intensively with its representation in Brussels to block the …
Big differences between countries
European purchasing power increases by 5.8 per cent in 2023
In 2023, Europeans have a total of around 12.1 trillion euros at their disposal to spend on food, housing, services, …
-14 per cent in the third quarter
High sales decline at Byggmax slows to some extent
Sales of the Swedish DIY group Byggmax were down by 13.8 per cent in the third quarter compared with the same quarter last year. …
Markus Pieters
New Bauhaus boss in the Netherlands
Bauhaus in the Netherlands has a new managing director. The national company is now headed by Markus Pieters (58), reports Dutch trade magazine …
Study
Dynamics in cross-border marketplaces in Europe
In 2022, the total cross-border e-commerce market in Europe, including the UK, Switzerland and Norway, was worth EUR 265 bn …
UP 5.7 PER CENT
Ingka Group accounts for most of Ikea's turnover
Inter Ikea Systems B.V., owner of the Ikea concept and global franchisor, today announced total Ikea retail sales for the 2023 …
Rona
Dick’s Lumber acquires Zy Tech Building Systems
Dick’s Lumber, a banner of Canadian home improvement retail group Rona, has completed the acquisition of Zy Tech Building Systems, a…
USA
Heidi Petz becomes CEO of Sherwin-Williams
US paint manufacturer and distributor Sherwin-Williams has announced a change at the top. As of 1 January 2024, Heidi Petz (48) will …
“From China to America by way of Europe”
New Home Improvement Report published
The new Home Improvement Report Retail Worldwide is out. Produced as the result of close collaboration between the global retail and …
Southeast Asia
Bangladesh seems to be Mr. DIY’s next expansion target
Malaysian retail chain Mr. DIY is preparing for its market entry into Bangladesh. A Linkedin account and Facebook page have …
169.4 million people
Mr. DIY quietly setting up in Bangladesh
The Malaysian market leader is still looking for new expansion targets. Bangladesh will be the retailer’s second South Asian market after …