Lowe's is giving up its stake in the Australian DIY retail chain Masters. Masters is a joint venture with the Australian trading group Woolworths. The US DIY retail operator has now announced it has provided …
Expected at the end of the quarter
Bunnings obtains agreement for the acquisition of Homebase
The Australian DIY market leader Bunnings has acquired Homebase, the second largest DIY chain in Great Britain and Irelan…
December
Clas Ohlson keeps on growing
The Swedish retailer Clas Ohlson increased its revenues in December by 5 per cent to SEK 1.114 bn compared to the same month last year. Since then the …
Year end 2015
Homebase closures push sales down further
The British DIY chain Homebase reported sales of GBP 434 mio from September up to the year end (30 August to 2 January 2016). This figure …
Takeover bid
Wesfarmers wants to buy Homebase and turn it into Bunnings
The Australian retail group Wesfarmers, which owns the Bunnings DIY chain, wants to buy the British chain Homebase. The …
British trade fair
New two-day show format for Totally DIY Totally Tools
Totally DIY Totally Tools, the UK's national trade event for hand/power tools and DIY products, returns to the Ricoh Arena in …
Japanese retailers
Kohnan and Joyful Honda become members of the GHIN
Two more Japanese DIY store operators, Kohnan and Joyful Honda, have joined the Global Home Improvement Network (GHIN). Kohnan is…
Acquisition of Onninen
Kesko strengthens its position in the B2B trade
The Finnish Kesko Group has acquired Onninen Oy's whole share capital from the investment company Onvest Oy. Onninen provides …
Switzerland
Small increase in real terms for Coop Bau+Hobby
The Swiss DIY chain Coop Bau+Hobby realised net sales amounting to CHF 633 mio last year, equivalent to a nominal decline of 1.1 per…
Homebase’s parent company
Home Retail Group turns down Sainsbury’s offer
The British supermarket operator J Sainsbury has made a bid to acquire the Home Retail Group (HRG), which also owns the Homebase DIY …