The home improvement retailer Mr. DIY from Malaysia is planning a major expansion. The company already has more than 750 stores across six of the ten member states of the Association of Southeast Asian Nations (Asean): …
Previously at Denner and Aldi
Andreas Siegmann is new CEO of Coop Bau + Hobby
The new CEO of the Swiss DIY market leader Coop Bau + Hobby is Andreas Siegmann. He has been holding this position, which has been …
Chile, Argentina, Colombia
Cencosud gains 17.3 per cent in local currency
The Chilean trading group Cencosud made sales of CLP 284.938 bn (EUR 362 mio) in its home improvement division in the first quarter …
Latin America
America Expo Group partners with Panama Green Building Council
America Expo Group (AEG), organiser of the hardware and lighting trade shows Expo F and Inter Lumi Panama, has …
Financial statement press conference
Hornbach targets increased earnings
The German DIY store operator Hornbach is targeting sales growth in the mid-single-digit percentage range and a significantly above-average …
Hometree survey
Why Generation Z prefers paying for help
Another study has come out in Great Britain showing that the so-called Generation Z (those born after 1997) are much less comfortable with…
Pricing and planning
Lowe’s acquires retail analytics specialist
Lowe's acquired the Retail Analytics platform from Boomerang Commerce. The technology will be integrated into the company's core retail …
Press reports
Silvan boss dismissed after loss of millions
Reports in the Danish business newspaper Børsen state that the DIY store group Silvan is replacing its CEO Jesper Lien. It is said that…
First quarter
Lowe’s reports comparable sales growth of 4.2 per cent in the US
Lowe's reports sales of USD 17.741 bn (EUR 15.897 bn) in the first quarter of fiscal 2019/2019 (ended: 3 May). This…
Austria
Lagerhaus stores grow by 0.5 per cent
The Lagerhaus stores in Austria grew only slightly in the last year. Sales in 2018 rose by 0.5 per cent to EUR 645 mio. Store operators are …