Homebase announces new director of Bathstore

Homebase has announced it has appointed Ian


as director of Bathstore and announces

three new concession partnerships. The appointment follows the acquisition of Bathstore, the UK’s largest specialist bathroom retailer, by Homebase in July 2019 in a move that is set to considerably strengthen its bathroom offer.

Mr Penney

As director of Bathstore, will

take direct management responsibly for all

aspects of the Bathstore business, including the concession roll out into Homebase, Bathstore’s digital offering and the home improvement chain’s bathroom category. Mr Penney will be part of the Homebase senior leadership team, reporting to Homebase CEO, Damian McGloughlin. Having started his career as supply chain analyst with B&Q, Mr Penney arrives at Bathstore with 13 years of senior retail experience behind him. Most recently he was group category director of kitchens for Kingfisher, responsible for the strategic direction of the kitchen business across seven European countries.

Nick Roberts begins role as CEO for Travis Perkins

Nick Roberts has formally taken up his new post as CEO for Travis Perkins, the UK’s largest supplier of building materials. Mr Roberts first

joined the

Group as CEO designate on July 1 to ensure a smooth handover with his predecessor,

DIYWK-22FEB19-BHETA_Layout 1 07/03/2019 13:46 Page 1

John Carter, before taking up the CEO role on August 5. He said: “Since joining, colleagues across the Group have welcomed me with great warmth, and I have been struck by their quality, character and commitment, as well as the

capability we have across the Group. Over the coming weeks and months I will be focused on the clear plan that we’re in the middle of executing, which is to focus on the trade and simplify the Group, and positions us well for the future.”

Debenhams appoints new CEO, as Duddy paves way for exit

The ailing department store business has named “experienced turnaround expert” Stefaan Vansteenkiste as chief executive officer, with hopes he will take the business “into the next phase of its recovery”. Executive chairman Terry Duddy has revealed he will also step down in September.

Mr Vansteenkiste, who is managing director of professional

services firm Alvarez & Marsal, joined Debenhams in April this year as chief restructuring officer ahead of a controversial pre-pack administration deal and CVA. At the time it was announced that then-CEO Sergio Bucher would be stepping down from his role, with names of a number of successors bandied around, including Mr Vansteenkiste. He is described by Debenhams as a “seasoned retail operator”,

Stefaan Vansteenkiste

having served as a CEO or advisor at a number of large retail and consumer companies.

John Colley has resigned from role at Kingfisher

It has been reported that former Majestic Wine managing director John Colley has resigned from his role as chief trading officer at Kingfisher after just 20 months in the position, in order to return to Majestic.

According to the Times, Mr Colley will return to Majestic Wine under its new ownership, after its stores were bought for

£95 million earlier this month by American investment firm Fortress investment Group. Majestic made underlying earnings of £11.3 million on sales of £267.6 million from its 200 stores in the year to April. DIY Week contacted Kingfisher comment

for to which the

company responded: “We have no comment to add at this point in time.”


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