As the shoppers’ spending power is affected by the impact of geopolitical tensions and macro-economic conditions, Malaysia’s top home improvement retailer Mr. DIY sees tough times ahead and has put measures in place to …
Adeo
Agathe Monpays becomes new boss of Leroy Merlin in France at 28
Leroy Merlin France is getting a new chief executive. Agathe Monpays, who is only 28 years old, will be at the helm …
Speciality trade grows stronger
Italy's DIY stores grew by 3.5 per cent in the first quarter
DIY stores in Italy increased their sales in the first quarter by 3.5 per cent compared with the same period in the …
No revenge spending in the retail
AllHome sales fall in 2022
AllHome Corp., a Philippine home improvement retailer, reported a 12.3 per cent drop in sales for 2022 as it failed to shake off a slew of challenges …
Leroy Merlin leads the ranking
Home and furnishing still weak in Italian e-commerce
In Italian e-commerce, the home and furniture segment still plays a minor role. Last year, EUR 6446.257 mio were turned over in…
Home Improvement Tracker
A good time for small DIY projects
The Farnsworth Group and the Home Improvement Research Institute (HIRI) have partnered to provide building product manufacturers and suppliers …
New city store in Madrid
Ikea rolls out investment plan in Spain
Last week, Ikea opened a new city store in Madrid – Ikea Torrejón. The opening is part of the retailer’s extensive expansion plan in Spain, …
Sustainability in question
Global House's Philippines move banks on economic growth and rising prices
Thai retail company Siam Global House’s drive to enter the Philippines is hinged on the country’s strong …
174 stores and distribution centres
Lowe's invests in rooftop solar panels
Lowe's has announced details of rooftop solar panel installations at 174 stores and distribution centres nationwide, including 20 sites …
First Quarter 2023
Tractor Supply net sales increased by 9.1 per cent
Tractor Supply, the largest rural lifestyle retailer in the United States, reported financial results for its first quarter, …
Thailand
HomePro grows by 9.28 per cent in the first quarter
Thai home improvement chain HomePro has increased its first-quarter sales by 9.28 per cent year-on-year to 17.223 billion baht …
Statistics
DIY retail area in Germany barely grew in 2022
The retail area of German DIY store operators grew by a total of 0.1 per cent or 17 144 m² in 2022. This is according to figures from…
Down 25 per cent in the first quarter
Byggmax sales down sharply from record quarter
The Swedish Byggmax Group's sales in the first quarter were 25.1 per cent down on the first quarter of 2022, the company reported. …
In 2023
Mr. DIY returns to home region and sets sights on Vietnam
Ubiquitous Asian home improvement retailer Mr. DIY has set its sights on Vietnam, one of the three remaining countries in …
From Malaysia to Vietnam
Mr. DIY is looking for expansion targets nearby
The Malaysian retail giant is looking to expand further and is eyeing the Southeast Asia region. Its next target is Vietnam