Ace Indonesia aims to build 10 to 15 stores in 2023
Ace Hardware Indonesia, the country’s top home improvement retailer, aims to build 10 to 15 stores this year and has allotted up to 300 bn Indonesian rupiah (EUR 18.6 mio) for the undertaking. The company, which is run …
Two-part series at DIY+
Mr. DIY’s growth trajectory shows no signs of slowdown
Malaysian home improvement retailer Mr. DIY ended 2022 with more than 2 500 outlets across the globe, indicating that it has …
Mr. DIY I: Greece, Eastern Europe lined up
Mr. DIY out to replicate Asian success in Europe?
Malaysian home improvement retailer Mr. DIY continues to expand in Europe. But analysts doubt whether the business model and the …
Home of 30 years vacated
World Farm opens second garden centre in Singapore
World Farm, one of the largest garden centres in Singapore, has opened a second branch in the city-state shortly after it moved …
Another record year
Home Depot announces USD 157 bn in sales for 2022
Home Depot has reported sales for the fourth quarter of fiscal 2022 as well as total numbers for fiscal 2022. Sales for fiscal …
Thailand
DoHome sales up 21.4 per cent in 2022
A better economic outlook dampened by global issues and inclement weather resulted in a 21.4 per cent jump in Thai home improvement retailer …
Malaysia
New stores support Mr. DIY earnings for 2022
Top Malaysian home improvement retail chain Mr. DIY posted a 9.3 per cent rise in its revenues for the fourth quarter of 2022. The …
MD Purchasing Frank Staffeld, Hagebau
“We need to be bolder”
The new MD of purchasing and category management at German cooperative Hagebau has taken a critical look at price trends and the cooperative’s relationship …
Revenues for fiscal 2022
Ace Hardware reports an increase of 6.7 per cent
The US cooperative Ace Hardware has reported consolidated revenues of USD 9.1698 bn (EUR 8.5834 bn) for fiscal 2022, an increase of…
South East Asia
Global House reports uptick in sales
Thai home improvement retailer Siam Global House reported a 5.29 per cent rise in sales for 2022, crediting this to same-store sales growth as …
Peru
New commercial director at Promart
Milagros López Yendo is the new commercial director at the Peruvian DIY chain Promart. She has been working for Promart since 2010. In her new …
Jumbo
Coop's DIY sales to grow by 27 per cent in 2022
The Swiss retail group Coop achieved net sales of CHF 1.206 bn (EUR 1.222 bn) with its Jumbo DIY division last year. This is an …
Denmark and Panama
Silvan and Cochez Novey join Edra/Ghin
Edra/Ghin has two new members: Silvan from Denmark and the Cochez Novey group from Panama have joined the international DIY trade association…
CEO Sebastian Gundel
Obi aims to reach EUR 10 bn mark in five years
Obi wants to reach the EUR 10 bn sales mark in five years. This was stated by CEO Sebastian Gundel in the podcast on the German …
May to January
Clas Ohlson reports 3 per cent increase after nine months
A 3 per cent increase has been reported by Swedish retail chain Clas Ohlson for the first nine months of its 2022/2023 …