Germany: Bauhaus Joins the BHB.

From mid-November, BAUHAUS will become a new member of the German DIY Retail Association – the BHB, and in effect a member of EDRA/GHIN.

BAUHAUS, with sales just under 7 Billion Euros in 2019 and 500,000 associates, is the 8th largest retailer in the Home Improvement industry. The chain has a presence in 19 countries through over 270 specialist stores – more than 150 of these located in Germany. BAUHAUS will also bring with it a high degree of strategic and operational experience in association work.

BAUHAUS is delighted with the membership and is looking optimistically towards future cooperation. The new membership of the BHB shows the importance of association bodies, especially in the turbulent times we are currently experiencing, and demonstrates that cross-company cohesion is taking a more prominent role.

BHB Board spokesman Franz-Peter Tepaß emphasized this by saying “the last
months alone have shown that the industry is particularly successful when working in unity in regard to communication with politics, authorities and the media. Viewing the challenges that the industry is likely to face in the years to come, it is good to know that the most important players are collaborating under the neutral umbrella of the BHB”.

Footnote: John W. Herbert, General Secretary of EDRA/GHIN, congratulated both the BHB and BAUHAUS for coming together, recognising the excellent work the BHB does for its members.

Germany: Hornbach CEO Steffen Hornbach to resign at end of year

Steffen Hornbach has informed the Hornbach Supervisory Board that for personal reasons he would like to resign from his mandate as chairman and member of the executive board of Hornbach Baumarkt AG in agreement with the company’s supervisory board with effect from 31 December 2019, as soon as a new chairman of the executive board has been found.
Steffen Hornbach will hold corresponding discussions with the Supervisory Board and its Personnel Committee. The Supervisory Board has noted his request and will appoint a suitable successor, who could be an external candidate, as soon as possible. Steffen Hornbach (61) joined the company in 1988 and was appointed to the Executive Board in 1992. He has been chairman of the board since 1 November 2001.
Find out more here: www.hornbach-holding.de

 

Germany: DIY stores increase sales in 2018

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The German trade association Heimwerken, Bauen und Garten e.V. (BHB) reported at its annual press conference on the major developments in the DIY sector in the DACH region, with sales increasing in Germany, Austria and Switzerland. The companies of the German DIY store trade are still on course for success in the financial year 2018: With total gross sales of €18.75 bn, the industry was able to achieve sales growth of 1.6% in the past year. Like-for-like sales also saw solid growth at 1.3% in the most challenging weather conditions. The market figures were just announced by the BHB at its annual press conference in Frankfurt. The figures are based on current market figures of the Gesellschaft für Konsumforschung (GfK).

www.baumarktmanager.de