Retail news
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B&Q owner sees further slide in sales
- Posted:
- 02 December 2010 10:08
B&Q owner Kingfisher today said 80% of its profits were generated overseas in the last quarter after a further deterioration in sales at the UK's biggest DIY chain.The group's flagship B&Q business, which operates from 330 stores in the UK and Ireland, saw like-for-like sales drop 5.1% in the third ...read more
Kingfisher weathers UK storm
- Posted:
- 16 September 2010 10:12
B&Q owner Kingfisher weathered a fall in UK sales today after cost cuts and its sparing use of promotions helped group profits lift 23%.The DIY business, which has 330 B&Q stores in the UK and Ireland, said self-help initiatives and a decent performance from Castorama and Brico Depot in France ...read more
B&Q sees sales drop as households hold back
- Posted:
- 22 July 2010 09:25
B&Q owner Kingfisher said quarterly sales at the UK's biggest DIY chain remained under pressure after shoppers put off "big-ticket" purchases.The retailer's decision to run fewer promotions contributed to the downturn as B&Q's like-for-like sales fell 4.3% in the 10 weeks to July 10th, compared with a drop of 2.8% ...read more
B&Q waits for warmer weather
- Posted:
- 03 June 2010 09:30
B&Q owner Kingfisher today said first-quarter sales at the DIY chain had been hampered by cold weather as shoppers put off their spring purchases. The chain reported a 2.8% fall in UK like-for-like sales in the 13 weeks to May 1st as trading was hit by snow as well as ...read more
Kingfisher builds strong profits
- Posted:
- 25 March 2010 09:30
B&Q owner Kingfisher has reported annual pre-tax profits of £547 million, up almost 50%, amid a strong performance for its UK DIY business in the year ended January 30th.Profits at the UK and Ireland arm soared 64.5%, benefiting from total sales growth in the year as the home improvement market ...read more
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