As planned, the US-American DIY-superstore concern Lowe's completed the takeover of the insolvent DIY-chain Orchard Supply Hardware Stores by the end of August. Lowe's reports that the purchase price was US$205m plus the assumption of ...
Tags: Construction, Decoration
On 2 May Praktiker A re-opened its DIY superstore in Neumünster, Germany, as a pilot business location. The future concept of the Praktiker sales channel involves a renewed change in strategy, which CEO Armin Burger explained at a ...
Tags: Praktiker
The DIY-superstore sales channel Homebase of the British Home Retail Group suffered a decline in turnover in the 2012/2013 financial year (end of February) of 5.2% to £1.43bn. Adjusted for selling space, revenues were down by 4.9%. ...
The DIY-superstore concern Praktiker aims to convert roughly 125 of the 234 German Praktiker DIY superstores to the more up-market sales channel Max Bahr by the end of 2013. The company reports that mainly the larger business locations will ...
Tags: DIY-superstore, Praktiker, north German
The DIY-superstore sales channel B&Q, owned by Kingfisher, intends to tighten up its organisational structure and in the process axe roughly 220 of the current roughly 1,200 work force at its headquarters in Eastleigh, the British magazine ...
Tags: B&Q, restructuring measures, report