Hagebau's central sales fall by double digits in 2023
Central sales of the German specialist retail and DIY store cooperation Hagebau fell by 14.5 per cent to EUR 6.56 bn in 2023. The merchandise business recorded a drop of 14.9 per cent to EUR 5.969 bn. In Germany, sales …
Paolo Alemagna remains on board
Gabriele Gennai becomes the new country manager of Obi Italy
Obi's new country manager for Italy is Gabriele Gennai (53). He takes over the position on 1 July from Paolo Alemagna, …
Goal: Number 1 in the building materials trade too
Leroy Merlin will be called Lemana Pro in Russia in future, while the operating company will be called Le Monlid
Leroy Merlin in Russia is getting a new name and will be called …
USA
Home Depot completes acquisition of SRS
The Home Depot, the world's largest home improvement retailer, has completed the acquisition of SRS Distribution, Inc. (SRS) for a total …
New country manager
Rusta opens sourcing office in Turkey
Swedish hard discounter Rusta opens a new sourcing office in Istanbul, Turkey, to further develop and control sourcing activities in …
Swiss Migros Gruppe
Do it + Garden to be sold
The Swiss co-operative group Migros wants to sell its DIY store sales line Do it + Garden. The company had already announced a review of the business …
THE INDUSTRY TAKES RESPONSIBILITY
28,000 visitors at Spoga+Gafa
Around 28,000 trade visitors from 113 countries took part in the world's largest garden and BBQ trade fair from 16 to 18 June. 1,800 exhibitors from …
Lowest Point Seems to Be Reached
European parquet market with 30.5 percent decline in 2023
After a strong year in 2022, which matched the level of the boom year 2021, the European parquet market experienced a …
Succession for Bernard Bot
Bhavesh Mistry will become new Kingfisher CFO
Kingfisher has announced that Bhavesh Mistry will join the company's board as Chief Financial Officer. Bhavesh will succeed current …
Minus 15 per cent in 2023
Eurobaustoff feels the effects of the construction crisis and remains below the previous year until May
The decline in sales at Eurobaustoff has continued in the current year, but …