Content about Economy of the United Kingdom

January 9, 2012
Former Wolseley exec to lead ProBuild

ProBuild Holdings has announced the appointment of Robert Marchbank, the former CEO of European operations for Wolseley, as its new CEO.  Fred Marino, who had filled the role of interim CEO for the past several months, will continue to serve as vice chairman of the company’s board of directors.

November 1, 2010
At the new BMC: "Playing offense"

With 50 locations in nine states, BMC is a chiseled-down version of its former self...

October 31, 2010
At the new BMC: “Playing offense”

In his first interview with Home Channel News since becoming CEO of BMC Select—now simply...

September 27, 2010
Wolseley seeks Swiss headquarters

Wolseley, the parent company of U.S. plumbing distributor Ferguson, has announced plans to move its...

November 18, 2008
Stock reports $60 million loss

Quarterly results released by Wolseley, parent company of Stock Building Supply, indicate a 20 percent...

October 5, 2008
Stock Building Supply posts further losses

Statements made by the parent company of Stock Building Supply on Sept. 22 have sparked...

July 28, 2008
Wolseley makes some management changes to shave costs

Earlier this month, Wolseley posted an 8 percent drop in revenues for its North American...

July 16, 2008
Earnings fall at Stock, Ferguson

Wolseley’s North American division continues to suffer from the weak U.S. housing market....

July 9, 2008
U.K. home builders also see difficulty

The country’s home builders have reported job cuts in the past week after housing sales...

June 23, 2008
Report: China’s retail growth prospects strong

In spite of short-term pressures such as inflation and heightened nationalism, China can expect double-digit...

June 15, 2008
Stock and Ferguson feel pinch: U.K.-based parent company Wolseley looks for ways to cut costs

The stalled U.S. housing market continues to take its toll on U.K.-based Wolseley, a global...

April 3, 2008
New CEO named at B&Q

Euan Sutherland succeeds Ian Cheshire, who was promoted to group chief executive on Jan. 25....

March 20, 2008
Stock Building Supply reports loss in half-year results

A weak housing market in the United States has put pressure on the finances of...

February 26, 2008
France’s Castorama helps float Kingfisher

Kingfisher, parent of B&Q and Castorama, posted fourth-quarter sales of 2.18 billion British pounds (US$4.33...

January 31, 2008
European DIY giant names new CEO

Kingfisher, the largest DIY retailer in Europe, has named Ian Cheshire as group CEO for...

January 7, 2008
Wal-Mart picks up Tesco exec

Jack Sinclair will oversee the grocery business for Wal-Mart and will integrate planning, category management...

January 1, 2008
Wolseley delists from New York Stock Exchange

The company will no longer be subject to reporting obligations to the SEC....

December 16, 2007
B&Q sees “limited opportunities” in Taiwan, sells stake

The British home improvement chain has confronted a difficult DIY market and aging stores in...

November 29, 2007
Kingfisher profit down slightly in third quarter

Sales are up 0.8 percent at B&Q stores in the U.K. and up 5.6 percent...

November 27, 2007
Further 1,300 positions to be eliminated at Stock, Ferguson

The companies’ U.K.-based parent Wolseley noted it already had made a 3,500 headcount reduction over...

November 15, 2007
Wolseley completes deal for French truss company

Sofiparts had assets of 24.5 million British pounds (US$53.5 million), with total sales of US$177.6...

August 7, 2007
Wolseley makes two more acquisitions

The company has added Fire Fab, a North American distributor of fire safety products, and...

July 17, 2007
Kingfisher to tap Russian DIY market

The expansion plan is expected to cost 250 million pounds ($511.6 million)....

July 15, 2007
Wolseley will close branches, cut jobs at Stock

England-based Wolseley will close 24 branches and cut 370 jobs at Stock Building Supply....

July 4, 2007
Wolseley announces acquisitions in United States, France and Norway

Stock Building Supply has acquired Sarasota, Fla.-based Hollow Metal Specialists....

© 2013 Home Channel News. All Rights Reserved.