Belgian interior design chain Heytens hopes to grow through franchising: currently it only has 18 franchise stores in a total of 130. To get more franchise stores, it will join two franchise fairs.
Interior design chain Heytens seeks growth through franchising
DIY group Kingfisher has experienced yet another disappoiting quarter: the British-French group suffered setbacks in both its home markets and the restructuring plan is also weighing down its results.
Swiss sanitation specialist Geberit has had a disappointing first semester of 2017, in which its profit dropped about 20 %. Turnover also slumped, but only slightly.
Irish group CRH, which owns nearly 50 % of DIY Intergamma’s shares, wants to sell those shares, but the other shareholders cannot find an appropriate solution.
German DIY chain Hornbach’s turnover and profit grew a lot in the past fiscal year, which ended 28 February 2017. Particularly its Dutch division performed very well.
Belgian’s largest cooperative in tools, hardware and DIY, Menouquin, will join German Hagebau, a move designed to help Menouquin grow.
On 14 April, DIY store chain Bauhaus will open its second Dutch store in Twente. Its 15,000 sqm store will be located in the Westermaat business park in Hengelo.