Lowe's ended the first quarter (ended 5 May 2017) of its financial year with sales up by 10.7 per cent. The second-biggest home improvement store operator in the USA and worldwide recorded sales of USD 16.860 bn in this…
F. Robotics Acquisitions
MTD acquires Robomow and aims to gain market share in the USA with it
The American manufacturer of garden appliances, MTD Products, has acquired the Israeli company F. Robotics …
First quarter
Kingfisher sales down at home with B&Q and in France
In the first quarter of its fiscal year (ended 30 April), the British Kingfisher Group unveiled a nominal sales increase of 5.…
First quarter
German DIY stores notch up a sales increase of 5.4 per cent
In the first three months of the year, German DIY and home improvement stores recorded overall gross sales of EUR 4.04 b…
Suspected of money laundering
Chairman of Home Pro in Thailand steps down
Anant Asavabhokhin, the chairman and director of the Thai DIY store group Home Product Center Public Company Limited, stepped down from …
China
Bosch collaborating with online giant Alibaba
The Bosch Group in Germany is entering into a strategic alliance with the Chinese e-commerce giant Alibaba to strengthen collaboration…
Pro business
Lowe’s takes over one more MRO distributor
Lowe's gets more heavily involved in the Pro business. The US DIY store operator acquires Maintenance Supply Headquarters, a distributor …
Bunnings UK and Ireland
David Haydon will be the new Homebase boss
David Haydon is to become the head of Homebase in Great Britain. This has been announced by the Australian DIY chain Bunnings, which took…
Fewer visitors and exhibitors
The National Hardware Show also addresses online trading
The National Hardware Show took place in the past week in Las Vegas (USA) with more than 2 600 exhibitors. The number of …
Sales concept
3E AG drops Toolpark and completely switches to Let’s do it
The Austrian specialised trade cooperation 3E AG has dropped its Toolpark sales concept. The former Toolpark locations …