News

Joy stores bought by founder

It was announced today that a buyer has been found for 12 of Joy's 28 retail stores, following its collapse into administration.

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BHS sees profits plummet but homewares holds up

It was bad news for department store group British Home Stores this morning, as it reported a drop of 34% in annual profits. However, Home was one of its star departments.

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First woman president for BHF Group

Sadie Chalkley, managing director of Tenbury Wells hardware and housewares retailer J G Banfield, will assume the BHF Group chain of office next year.

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John Lewis sees weekly sales slide

John Lewis has blamed the deepening credit crisis, or rather the coverage it is getting in the media, combined with unseasonably sunny weather for an 8.3% fall in sales for the week ending September 26.

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Another homewares chain in administration

Joy, the high street fashion and homewares chain which is parent company of the Hob cookshop and food stores, is the latest casualty of the economic downturn.

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Supermarkets shift focus to non-food as food sales fall

Cash-strapped shoppers are not only cutting back on buying premium-range food but sales of food in general are on the slide - and supermarkets are now devoting more space to non-food items such as homewares and electrical appliances.

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