Global DIY Network: “Meet the CEO” with Hiromasa Tsuchiya, Owner and Chairman of CAINZ.

On the 17th of February at 10:00 CET John W. Herbert, General Secretary of EDRA/GHIN, will continue the “Meet the CEO” series for 2021 with an interview with Hiromasa Tsuchiya, Owner and Chairman of CAINZ.

As a home improvement centre, CAINZ has always kept the goal of “improving your lifestyle” in mind, and continue to provide numerous services in order to fulfill that goal. CAINZ gather great products from both inside and outside of Japan and make them affordable, so that they can help improve their customers’ lives both comfortably and conveniently.

The interview will take place through the The Global DIY-Network the global platform which brings together retailers, manufacturers, online players, consultants, journalists & professors, among other stakeholders from the home improvement industry.

Austria: DIY Stores and other Retailers Reopen.

From Monday 8 February, all retailers in Austria were permitted to reopen their stores.

This means that home improvement stores will once again be open to the general public as well as trade customers. However, opening times will be limited from 06:00 to 19:00 and protective measures will also be increased.

An area of 20 m² will now have to be available per customer instead of the previous regulation of 10 m². Further to this shoppers will also have to wear an FFP2 mask.

Following the reopening the editors of diy Magazine asked DIY retailers in Austria for a short description of the reopening and received statements from RWA / Lagerhaus, Hagebau, Hornbach, Bellaflora and 3e AG: these can be found HERE.

Generally the reopening was described as successful with good sales and no rush.

Finland: Hardware Sales Increased by 5% in 2020.

The building and home improvement trade ended up growing by 4.8 per cent in 2020, but the growth was not evenly distributed in the industry. There was a clear difference between consumer and professional customer trade. As larger projects went on ice, consumers themselves began to improve the home and yard.

The high levels of new construction, which has been taking place for several years, started to decline in 2020, which was reflected in the professional customer trade. “Consumers, on the other hand, found pleasure in do-it-yourself, which was also reflected in the sales development focused strongly on consumer sales,” says Minna Liuksiala, CEO of the construction and DIY retail association RASI ry.

“Almost all yard and garden products were sold in record terms. Outdoor decking and grills, as well as plants and garden products saw a huge increase in demand. Demand for larger garden investments, such as outdoor hot tubs, also exceeded all expectations” continued Minna Liuksiala.

www.rasi.fi

New Zealand: Article “How Mitre 10 is Transforming for the Future”.

In January 2021 the New Zealand Hardware Journal sat down with Chris Wilesmith, CEO of Mitre 10. Despite indicating that he would be leaving the position in September 2020 Chris Wilesmith will continue as the cooperative’s CEO following an easing of the trans-Tasman border restrictions.

At the start of his appointment as CEO Chris Wilesmith referred to a transformation said to involve “the single biggest investment in the history of Mitre 10”. One year into this transformation the cooperative continues to “drive efficiency, reduce costs and empower teams to focus on doing the right things for customers to create a frictionless experience”.

A series of workshops identified six key areas which the Mitre 10 NZ CEO calls “stratgic pillars”:

  1. Experience
  2. Solutions
  3. Inspiration
  4. Delivery
  5. Confidence
  6. Responsibility
You can read the entire interview in the New Zealand Hardware Journal February Edition HERE

EDRA/GHIN: Contribution to the United Nations Sustainable Goals.

The United Nations Sustainable Development Goals are a blueprint for a more sustainable future. We believe that the Home Improvement sector is one sector ideally placed to promote these goals, both in a way we organise our businesses and through the products and services we offer to our customers.

EDRA/GHIN have completed a recent project in which we collated some highlights of the work that the EDRA/GHIN membership complete to contribute towards these goals. This is by no means an extensive list, rather a collection of examples. All information provided was sourced from publically available information.

We fully understand that sustainability is a journey, not a destination, and we will update the document as our businesses continue to develope their own individual programmes.

The highlights of contributions to the UN Sustainable Development Goals can be found HERE.

Any reader who would like to know more about the project should contact EDRA/GHIN at info@edra-ghin.org

Trade Fairs: Management of spoga+gafa believe Trade Fair will take place.

The Trade Fair Management of spoga+gafa believe that the trade fair will take place from the 30 May to the 01 June 2021.

The spoga+gafa team are confident that the specialist trade show can, should and will be held a little over four months from now. However, time is still needed before they can better and more reliably assess what the situation will look like in early summer. Therefore, the management team will continue to observer how things develop in Europe and intercontinentally in February before a final decision is made.

The management team were also delighted to pass on that your garden lifestyle fair is in excellent shape. This is particularly demonstrated by the large number of reservations that have been received for all of the segments in all of the 14 halls.

Three events will also be held alongside spoga+gafa. The ‘Garden Summit 2021’ organised by the BHB wil take place on the afternoon of 1 June 2021. The VDG Winter Conference, the annual general meeting of the German garden centres will also take place at spoga+gafa 2021 as well as the Motoristen-Kongress.

The full Press Release can be found HERE

 

Sweden: Byggmax Grows by Almost 29 Per Cent in 2020.

 The Swedish DIY retail group Byggmax achieved a turnover of 6.801 billion SEK (675 million euros) in 2020, a growth of 28.9 per cent. Adjusted for currency and like-for-like effects, the Group’s sales rose by 28.5 per cent. In the fourth quarter, sales increased by 28.7 per cent to 1.222 billion SEK (121 million euros).

Online revenues grew by around 60 per cent; in 2020 this was around 50 per cent. The online business had a share of around 20 per cent over the year as a whole. “Our model of integrating e-commerce and markets enables faster growth,” says the annual report. “Order online, collect in store has grown much faster than home delivery and is one of the strengths of our 169 stores, and online sales typically increase by 15 percent where a new store is opened.”

Global DIY Network: “Meet the CEO” with Carl Otto Løvenskiold, CEO of Løvenskiold-Vækerø AS.

On Wednesday 27th of January John W. Herbert, General Secretary of EDRA/GHIN, will kick-start the “Meet the CEO” series for 2021 with an interview with Carl Otto Løvenskiold, CEO of Løvenskiold-Vækerø AS.

Løvenskiold-Vækerø is a modern company with a long history, being established in 1649. The company is a leading player within commerce, real estate, forestry and agriculture, and constantly aims to take an active part in the further development of these industries in Norway.

The core values of Løvenskiold-Vækerø AS form the basis of their culture, shaping all of their actions. These core values are:

  1. Customer Focus
  2. Innovation
  3. Energy
  4. Long-Term View
MAXBO is the flagship of Løvenskiold Handel, Løvenskiold-Vækerø’s daughter company. The MAXBO chain originates from the traditional retail store for building material at Vækerø. The MAXBO concept consists of MAXBO, MAXBO Stormarked and MAXBO Proff.

The interview will take place through the The Global DIY-Network the global platform which brings together retailers, manufacturers, online players, consultants, journalists & professors, among other stakeholders from the home improvement industry.

Russia: Technosystems Striving Forward Despite Covid-19

“Crisis is a period which requires quick action in retaliation to rapid change” –  was the unofficial motto of Technosystem’s in 2020.

Analysts had predicted a 40% drop in sales in the DIY market in April and a 20% drop in May. However, the management of the Domingo chain, which has been a DIY player for almost 26 years with 13 shops in 8 cities throughout Siberia, quickly took all possible measures in reaction to the spread of Covid-19.

The outlets were equipped with individual sanitation posts, a  rigorous cleaning schedule was introduced, a wide range of socially important products were added to the range, and new standards for the delivery of goods from the online shop were introduced.

Denis Lizunov, General Director of Technosystem Management Company, said “In 9 months of 2020, the company’s turnover grew by 12% and profit by 15% compared to the same period last year. We haven’t stopped moving forward for a minute!”. He continued “Next year we plan to open seven more shops in several cities. Our priority is the mini format, designed to provide maximum comfort and convenience for our customers, and to become a portal to the showcase of our online shop.”

Further to this, from February 2021 customers of Pervomaster will be able to make use of its new mobile app. The app will offer customers a convenient product search using AI elements, the possibility to search for goods via barcode, add goods to cart in one click and see the unique price of goods as well as their own points balance.

Europe: Kingfisher Release their Q4 Pre-close Trading Update.

Kingfisher plc released their Q4 pre-close trading update yesterday.

Kingfisher has continued to experience strong demand across its markets with Q4 20/21 Group LFL sales (to 9 January 2021) up 16.9%. Financial year to date (1 February 2020 to 9 January 2021), Group LFL sales are up 6.5%.

Thierry Garnier, CEO of Kingfisher, welcomed the results by saying:
“The safety of our customers and teams remains our first priority while we fulfil the essential needs of our customers. We will continue to support our colleagues during these most difficult times, and I want to express my sincere appreciation for all our teams as they continue to operate in such a challenging environment.”

The full pre-close trading update can be viewed here