Home Depot announces USD 150 mio. fund for start up investment
Home Depot has announced a USD 150 million venture capital fund created to identify, fund and partner with early-stage companies. According to a company report, the fund's goal is "to accelerate emerging …
Sustainability strategy recognised
Lowe’s Canada receives Merkur award
The DIY store operator Lowe’s Canada was awarded the Merkur prize in the category Strategy for Sustainable Development at the 2022 Gala Les …
Travis Perkins
Toolstation sales down 6 per cent in first quarter
Toolstation stores' sales in the first quarter were 6.0 per cent lower than in the same period last year. This was announced by …
Ukraine war
PEFC: Wood from Russia and Belarus is considered conflict wood
In the future, all wood from Russia and Belarus will be regarded as so-called "conflict wood" and therefore cannot be…
2021 figures corrected upwards
The German garden market is growing more strongly than thought
The garden market in Germany may have grown more strongly in 2021 than the data available so far indicated. According…
Obi headquarters distances itself
Russian Obi store reopens in Moscow, all others to follow
A former Obi store has reopened in Moscow. The reopening of the other former Russian Obi stores is also announced on the …
Austria
Zgonc renounces capital "Z" because of Ukraine war
The Austrian trading company Zgonc renounces its logo, a capital "Z", the first letter of its name, in its online advertising …
Oliver Kuhrt, CEO Messe Essen
"Trade fairs and medium-sized fair companies are the winners".
Oliver Kuhrt, CEO of Messe Essen, gave an overall optimistic outlook in an interview with John Herbert on the Global …
DIY stores below average
Spanish manufacturers increase quarterly sales by 5 per cent
Spanish manufacturers in the DIY and hardware sector have closed the first quarter of 2022 with a 5.18 per cent …
“Shopping and Payback”
HomePro benefits from government stimulus programme
Thai home improvement retailer HomePro has reported an increase in sales for the first quarter of 2022. Sales revenue increased …