Indonesian home improvement retailer Mitra10 aims to double its store network in the next six years, to 100 in 2030 from 50 as of end-June 2024, as it sees opportunities to grow and meet the needs of shoppers in the …
Kingfisher in France
Castorama and Brico Dépôt also as franchise stores
Kingfisher is opening up to franchising in France. In its half-year report, the British DIY retail group announces that it will …
New openings
Clas Ohlson's 100th store in Sweden – and soon in Norway too
Clas Ohlson has opened its 100th store in its home country of Sweden. The Swedish retailer also wants to reach the …
Trade Point and e-commerce positive
Kingfisher sales down in the first half of the year
The British Kingfisher Group closed the first half of its 2024/2025 financial year (ending 31 July 2024) with a drop in sales. …
Group also reportedly planning Indonesian IPO
Mr. DIY Thailand formalises application to list on Thai bourse
The Thailand-domiciled holding company that operates home goods superbrand Mr. DIY in the Southeast Asian country has…
Down 3.9 per cent in the first half of the year
Wickes loses in Design & Installation, but maintains Retail sales
The British DIY chain Wickes generated around GBP 799.9 million (EUR 948.1 million) in the first half of 2024…
Ikea wants to help shape the future of AI
The Ingka Group, the parent company of Ikea, is becoming a partner of the Partnership on AI (PAI) organisation. The alliance of companies …
Heat pumps
Great potential
Despite bureaucratic obstacles, the market for heat pumps in Europe has been developing very dynamically recently - a new study also explores the opportunities for …
New format
Screwfix opened six City stores in London
Screwfix, a UK based retailer owned by Kingfisher, opened its newest store format: Screwfix City. Following initial tests of the u…
Third opening in Norway this year
Clas Ohlson expands in Tønsberg
Clas Ohlson has opened a new store in Tønsberg, Norway, its second store in the city. "We have been a popular destination in Tønsberg ever since we …
South Africa
Cashbuild sales up 5 per cent
Cashbuild, Southern Africa’s leading retailer of quality building materials and associated products, has reported its financial results for the f…