DIY stores in Germany will achieve a nominal sales increase of 7.0 per cent in 2023. This forecast of a medium scenario was presented by industry expert Klaus Peter Teipel at the German industry conference organised by …
Third quarter
Kingfisher maintains total sales and is well ahead of 2019
Kingfisher reports third-quarter sales (three months ending 31 October 2022) of GBP 3.263 bn (EUR 3.797 billion). This …
BHB President Franz-Peter Tepaß
"We should not forget that there are opportunities"
BHB President and Obi board member Franz-Peter Tepaß opened the congress of the German DIY industry, organised by the industry …
Third Quarter
Ace retailers increase same-store sales by 5.8 per cent
Ace Hardware reports record third quarter 2022 revenues of USD 2.2 bn, an increase of 10.0 per cent compared with the third …
AFEB survey
Majority of Spanish manufacturers expect sales growth in 2022
The current situation of Spanish manufacturers of hardware and do-it-yourself products is not entirely clear. Only …
Revenge spending phenomenon
AllHome sales drop 16.5 per cent on shift in consumer spending
Philippine home improvement retailer AllHome saw a 16.5 per cent erosion in sales for the third quarter as leisure …
Focus on interior renovation
Byggmax launches new Byggmax Studio concept
DIY and building materials retailer Byggmax, which operates in Scandinavia, has announced that it will open one of its first stores …
“Better than expected”
Lowe’s total sales up by 2.2 per cent in Q3
Lowe’s total sales for the third quarter of 2022 amounted to USD 23.5 bn (EUR 22.65 bn), an increase of 2.2 per cent compared with USD 2…
Busier tills, a low base, and a price rise
Mr. DIY posts 25. 8 per cent revenue growth for Q3
A jump in the number of purchases coupled with a low base and price hikes led to a 25.8 per cent growth in Malaysian home …
Pilot DIY place
DCM launches DIY place in Tokyo
On 8 November, Japanese home improvement retailer DCM opened its first DCM DIY place near downtown Tokyo. According to DCM Holdings, the new …