Former Ace Hardware stores in Indonesia now go by the name Azko, formally ending the American home improvement retailer’s three-decade dominance in the Southeast Asian market. PT Aspirasi Hidup Indonesia Tbk (AHI), the …
Thai retail group
Global House aborts plans to expand to the Philippines
Thai home improvement retailer Siam Global House has abandoned its planned expansion to the Philippines due to hardships in …
DIY stores in Germany
Further switch from Hagebaumarkt to Obi
In Germany, a further seven locations of the Hagebaumarkt sales division are switching to Obi. These are the stores of Hagebau shareholder …
Building materials, plumbing and gardening in decline
DIY store sales in Italy down slightly in 2024
The Italian DIY market has shrunk slightly in 2024. The sales volume of DIY stores in Italy has decreased by 0.7 per cent to 6.2768 …
Continuation of “Local Heroes”
Obi launches advertising campaign simultaneously in nine countries
The German DIY group Obi has launched its first international advertising campaign, which is running …
Easy markets in South America
Cencosud founder Horst Paulmann has passed away
Horst Paulmann, the founder of the Chilean retail group Cencosud, has passed away. He died today, 11 March 2025, at the age of 89. …
Relationship with the USA
Rona strengthens Canadian manufacturers with the ‘Well made here’ label
The conflict with neighbouring Canada sparked by the new US rulers has reached the home improvement industry…
Mylow and Magic Apron
US DIY retailers present their AI tools
Just in time for the spring season, Home Depot and Lowe’s are introducing their individual AI tools for customers. Both share a similar …
Four billion mark exceeded
DIY market in the Netherlands grows by 2.6 per cent
The DIY market in the Netherlands grew by 2.6 per cent last year and exceeded the 4 billion euro mark. This was reported by the …
South Africa
Cashbuild increases revenue by 5 per cent
Cashbuild, Southern Africa’s leading retailer of building materials and associated products, reported its financial results for the last s…
New EVPs for Pro and HR as well
Home Depot Canada under new management
The Home Depot, the world's largest home improvement retailer, announced three changes in its management: Vinod Nalajala as the new president…
20 new tools and garden equipment
Clas Ohlson relaunches its own battery platform
Swedish retail chain Clas Ohlson is relaunching its own battery platform, Cocraft LXC, with a completely new range of 20 new …
Thailand and Malaysia
HomePro just misses previous year's sales
The Thai home improvement chain HomePro just missed its 2024 sales level of the previous year. The company generated 67.95202 bn baht (THB…
US market leader
Home Depot's sales to fall by 1.8 per cent in 2024/2025
DIY world market leader Home Depot recorded a year-on-year decline in sales of 1.8 per cent to USD 159.514 bn (EUR 152.182 …
No. 2 in the US and worldwide
Lowe's reports a 3.1 per cent drop in sales for 2024/2025
The US home improvement retailer Lowe's closed the 2024/2025 financial year (ending 31 January 2025) with a year-on-year …