Lowe's Canada is sold to private equity firm Sycamore
Lowe's Canada is being sold to an investment fund. The parent company, US home improvement giant Lowe's, is selling its Canadian retail business for USD 400 mio (EUR 410 mio) to Sycamore Partners, a private equity firm …
New member of the executive board
Manuel van de Kamp is the new chief product officer at Obi
Obi has filled a new executive board position. Manuel van de Kamp is the new chief product officer (CPO) at Obi Group …
Share of turnover remains very low
Cashbuild quadruples e-commerce turnover
South African home improvement chain Cashbuild has increased its e-commerce sales by 276 percent in the 2021/2022 financial year (ending 26…
Kingfisher
Screwfix opens first branch in France
The British Kingfisher Group has now opened its first Screwfix store in France. It is located in northern France near Wattrelos, close to Lill…
Guatemala
Cemaco becomes first Edra/Ghin member from Central America
Edra/Ghin now has a member in Guatemala with the addition of Cemaco, the largest home improvement chain in the Central …
Umeå 23rd store in Sweden
Bauhaus moves closer to the Arctic Circle
In Umeå, the German DIY chain Bauhaus has opened its second store within five months in Sweden. It is the 23rd store to be opened by …
Third quarter
Removal of restrictions, resumption of construction buoy Wilcon's sales
Wilcon Depot, the Philippines' top home improvement retailer, posted a 32.6 per cent rise in net sales in …
Floods on the one hand, more tourists on the other
HomePro sales grow by 21 per cent in the third quarter
The development of sales at HomePro, the Thai home improvement retailer, was characterised in the third quarter by partly …
British horticulture in focus for four days
Great Britain is the partner country of IPM 2023
The official partner country of the upcoming IPM 2023 is Great Britain. From 24 to 27 January 2023, the United Kingdom will be the …
FMB figures
Plus 4 per cent for DIY stores in France in September
For the third month in a row, sales at DIY stores in France were up year-on-year in September. The sector saw a 4.22 per cent …