The retailer says it has "smashed the ball out of the park" in its attempt to move upmarket.
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But a report by professional services firm KPMG warns that "clouds remain on the horizon".
Read moreRising sales of household goods and clothes contributed to stronger-than-expected retail sales in June.
Read moreProfits at the sportswear retailer plummet 60%, which the company blames on the weaker pound.
Read moreLydia Thomas
You and Yours, Radio 4
The DIY chain is to compensate people who experienced bad smells after using Valspar paint.
Read moreRetail experts say a drop in non-food sales is "becoming something of a bleak trend".
Read moreRakuten boss Hiroshi Mikitani talks about his first purchase online, drones, and sponsorship of Barcelona.
The deal adds to Mike Ashley's growing list of holdings in High Street retailers.
Read moreThe UK Competition and Markets Authority says there are concerns over the proposed £3.7bn tie-up.
Read moreThe West Midlands fashion retailer has closed the doors on its 85 year history after going bust.
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