The Ingka Group reports a decline in Ikea's retail sales for the 2024/2025 financial year (ending 31 August 2025). The furniture chain generated Euro 39 bn in sales worldwide, down 1.6 per cent on the previous year. …
Romania
Stihl opens first battery plant
Stihl has officially inaugurated its first site in Oradea (Romania), which is dedicated exclusively to the production of battery packs and …
Cross-border e-commerce
Marketplaces in Europe on the rise
In 2024/2025, the European cross-border e-commerce market reached a volume of EUR 358.7 billion, of which EUR 247.5 billion, or 70 per cent, was …
Between stabilization and decline
Global home improvement market shrank by 1.9 percent in 2024
The global home improvement market shrank by 1.9 percent in 2024. The main reason for this development is the market …
Peter Abraham from Eurobaustoff
German DIY store association BHB has a new board spokesperson
The German DIY store association BHB has a new board spokesperson. The five current members of the BHB board have …
Higher share of own brands
Obi centralises purchasing
Obi is partially realigning its purchasing strategy. From 2026, the German DIY store group will change its responsibilities and processes with regard to …
Following acquisition of True Value
Do it Best increases turnover by 6.1 per cent
The US hardware cooperative Do it Best, which acquired its competitor True Value a year ago, reports consolidated net sales of USD 4…
Efficiency in the supply chain
Ikea acquires AI logistics company Locus
Ikea's parent company Ingka has acquired US logistics specialist Locus, which is known for its artificial intelligence-based software. The …
For ambitious DIY enthusiasts and professionals
Bauhaus launches online marketplace
The German DIY store operator Bauhaus has launched its online marketplace in August. According to a press release from the company, this will …
In Munich
Registrations for ICGA Congress are now open
The Association of German Garden Centres (Verband Deutscher Garten-Center, VDG) has launched the website for the IGCA Congress 2026 in …