Content about Focus

March 1, 2012

Canadian retailer Rona will close 10 of its warehouse-sized stores by the end of the year, shifting its focus to the opening of 25 smaller-format units, the company announced on Feb. 24.

The new focus comes on the heels of a C$151 million loss posted for the company’s fourth quarter, which ended Dec. 25, 2011. This compares with a profit of C$20 million in the same period a year ago.

Net sales for the fourth quarter increased 2.6% to C$1.17 billion. Same-store sales were down 2.3% in the quarter.

November 7, 2011

British retail giant Kingfisher plans to go about its DIY retail business in China with a new approach, according to an article in the Financial Times.

The company's CEO Ian Cheshire told the newspaper that big-box DIY "is not the model for China," which has proven difficult for DIY retailers to gain acceptance. The international retailer is trying a showroom format targeting the do-it-for-me customer.

September 17, 2008

The CIHA has seen exhibitor participation grow from around 1,800 in 2007 to well over...

June 5, 2008

Home Depot CEO Frank Blake shot down rumors of the retailer's interest in German DIY...

September 10, 2007

Kingfisher hopes to tap the estimated $20.3 billion home improvement market in Russia. HCN spoke...

July 15, 2007