Published in DIY on 17-12-2020
Erik Van Heuven...
He is the founder of the ‘everythingl under one roof’ approach in do-it-yourself and a European forerunner in franchising. What does retail pioneer Manfred Maus, the founder of OBI, think about the future of luxury department store sector?
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The corona crisis gave the DIY sector a boost, which is also reflected in the annual results of Maxeda, parent company of retail chains Brico and Praxis: sales and profits increased significantly.
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British DIY retailer Kingfisher has had a great quarter. The enormous growth in France is particularly noteworthy.
Kingfisher, the parent company of B&Q, Castorama and Brico Dépôt, among others, expects it will be difficult to match last year. As a result of the lockdowns, there was a real run on do-it-yourself products and garden items.