Debate on cooperation between manufacturers and retailers in the "new normal"
Cooperation between manufacturers and retailers remains on the agenda in the European DIY sector. In Germany, for example, the DIY manufacturers' association HHG has initiated a discussion on how manufacturers and …
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, …
28 000 visitors
Upbeat verdict on the first Interzoo after four years
Around 28 000 trade visitors from 129 countries attended Interzoo in Nuremberg (Germany) last week - "a brilliant comeback" …
UK
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…
Battery segment as driver
French tool manufacturers report double-digit growth for 2021
French manufacturers of power tools for professionals and end users reported 25.4 per cent more sales last year than …
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 …
Openings in April and May
Mr. DIY with nine stores in Turkey and eight in Spain
Malaysian home improvement retailer Mr. DIY has grown its footprint in Turkey and Spain, where it opened three outlets each …
1st Taiwan International Tools & Hardware Expo
New hardware fair planned in Taiwan in October
There will be a new trade fair in Taiwan that is also relevant for the DIY and gardening sector. The 1st Taiwan International Tools …
First quarter
Kingfisher down year-on-year but up double-digits on 2019 sales
UK-based Kingfisher Group has reported a 5.8 per cent (-4.2 per cent in constant currency, -5.4 per cent in constant…
Austria
Lagerhaus stores increase home and garden sales by 7.8 per cent
Lagerhaus stores in Austria increased their home and garden sales by 7.8 per cent to around EUR 667 mio in 2021. In …