Tag Archive: Kingfisher

Is Amazon becoming the UK’s top DIY retailer?

New data suggests that Amazon will overtake Kingfisher as the UK’s biggest DIY retailer by 2026. [24-5-2022]

Strong Q2 sees Kingfisher half-year profits up by 62%

The Kingfisher group, which owns B&Q and Screwfix, has delivered “resilient” results for the six months to July 31, with overall pre-tax profits up 62.4%. [28-9-2020]

Uncertainty heightens trading risks for B&Q owner Kingfisher

Kingfisher has said that risks to its business, particularly its retail operations, had increased as a result of the continuing lack of insight over how Brexit will pan out. [21-5-2019]

B&Q owner looks to mini-stores to help recovery

The owner of B&Q has said it is piloting a new “convenience store” concept, which will be smaller than its retail park sheds, following in Ikea's footsteps. [16-5-2019]

Which? accuses KBB retailers of ‘misleading’ discount offers

Some UK kitchen and bathroom retailers are potentially misleading shoppers with dubious discount claims, according to Which? [23-4-2019]

Kingfisher boss to leave as 15 B&Q stores face the chop

Kingfisher boss Véronique Laury will leave the business that owns B&Q in the UK as the firm said 15 “poor performing” B&Q stores face the chop. [21-3-2019]

‘No quick fix’ for B&Q as owner struggles with transformation

B&Q sales dropped almost 3% during the three months to the end of October but its owner said it was “making progress” with its turnaround strategy. [21-11-2018]

B&Q showroom sales fall in first half of the year

B&Q showroom sales fell during the first half of its financial year to end of July as the DIY chain failed to benefit from the problems at rival Homebase. [19-9-2018]

New chief executive for B&Q

Kingfisher veteran and former Screwfix boss Graham Bell has been appointed as new chief executive of B&Q UK and Ireland, effective October 1. [10-9-2018]

B&Q sales drop 9% in Q1

Sales for B&Q have dropped by 9% to £828 million in Q1 compared with the previous year. Sister company Screwfix has seen an increase in like-for-like sales of 3.6% to £395m. [31-5-2018]