ACES sets up new retail subsidiary ahead of rebranding campaign
The Indonesian licensee of Ace Hardware has established a new retail subsidiary ahead of its campaign to rebrand once its partnership with the American cooperative lapses. PT Aspirasi Hidup Indonesia Tbk, which trades …
Initial public offering
Mr. DIY Thailand to raise more than half a billion baht
Mr. DIY Thailand stands to raise more than half a billion Thai baht from its planned initial public offering, information e…
Hardware retailing in the USA
Do it Best wants to take over bankrupt competitor True Value
In the USA, there are currently major shifts in the co-operation and wholesaler sector serving independent hardware …
target of 10 stores by March 2025
Mr. DIY bullish on Poland
Indicating bullishness on its prospects in Poland, Malaysian home goods giant Mr. DIY has disclosed plans to rapidly grow in the country over the next …
Last conversion to Rona+
Rona says goodbye to Réno-Dépôt
The Canadian Rona Group has completely discontinued its Réno-Dépôt sales brand. The last 16 stores operating under this banner have now been …
Nexterio
New owners from Poland
Nexterio wants to grow in this country as well and is taking over the tile retail business from Stark Germany. The Polish specialist has a strong investor …
New home improvement report published
International home improvement market shrunk by 3.9 percent in 2023
The global home improvement market experienced a difficult year in 2023, reaching a level of 667.0 billion euros…
November-December 2024
Mr. DIY Poland sets opening for first stores
Malaysian home goods retailer Mr. DIY is gearing up for the opening of its first stores in Poland over the next two months, less than a…
Study by Cross-Border Commerce Europe
Marketplaces dominate cross-border online trade
The European cross-border e-commerce market will reach an annual turnover of EUR 326 bn this year. Of this, EUR 225 bn or 69 per …
Falabella Group
Sodimac narrowly maintains half-year sales in Chile
The Chilean retail group Falabella increased sales in the home improvement segment by 0.7 per cent in the Chilean domestic …
Garden and plumbing problematic
Dutch DIY market grows only modestly
The Dutch DIY market grew by 1.7 per cent in the first quarter of 2024. This is according to GfK's Total Store Report, as reported by the trade…
Canada
Sylvain Girard is Rona’s new CFO
Canadian home improvement cooperative Rona is announcing the appointment of Sylvain Girard as Chief Financial Officer as of 30 September 2024. …
Launched in Poland, Czech Republic and Slovakia
Obi app also coming to foreign markets
The German DIY retail group Obi has started to make its digital platform and app ‘Hey Obi’ available for its foreign markets. After Poland, …
Up from 61 stores
Mr. DIY Turkey now has 121 stores
Mr. DIY Turkey has almost doubled its store count throughout one year, from 61 stores in October 2023 to 121 stores currently. This was stated by …
4th Virtual DIY Summit
The global DIY market volume has fallen in 2023
The global DIY market reached a volume of EUR 666.9 bn last year. Edra Managing Director John Herbert presented the latest figures …