All Kingfisher articles – Page 31
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OpinionThe global shopping centre
Tuesday’s thronged opening of Westfield Stratford City showed that the right stores in the right locations will continue to seduce shoppers.
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NewsKingfisher first half profits soar
DIY giant Kingfisher group adjusted pretax profit soared 24% to £439m in the 26 weeks to July 30, with two thirds of profits coming from outside the UK.
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NewsInvestor worry grows as trading stays tough
Grocers, led by Tesco, bucked a gloomy market, but it was a poor week for general retailers as investors continued to wring their hands about general prospects, not helped when fashion group Alexon warned on profits.
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OpinionKingfisher turns the page
The collapses of furniture retailers such as Floors2Go in the last month served to show that the furniture and home sectors are in a run-down state – a verdict reinforced by the BRC retail sales data this week.
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NewsOFT investigates e-Spares acquisition
The Office of Fair Trading (OFT) is to investigate the acquisition of online spare parts retailer e-Spares by Connect Distribution Services.
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NewsKingfisher’s sales rise despite slump at B&Q
Kingfisher’s second quarter impressed analysts, despite a slump in UK sales as bust rival Focus launched a closing down Sale.
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NewsFormer Kingfisher director considers bidding for Comet
Former Kingfisher director Jim Weight is among the bidders for troubled electricals chain Comet, it is understood.
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NewsFocus closing down Sale knocks B&Q performance
Sales at DIY giant Kingfisher’s flagship UK division slumped in the second quarter, affected partly by the closing down Sale of rival Focus, but the retailer expects to end the year in “excellent shape”.
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NewsGeneral retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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OpinionFrom crisis comes opportunity
The retail collapses of the past few weeks were sad news for those losing their jobs, but the focus on failure meant the bigger picture was obscured: crisis for one means opportunity for others, and good quoted retailers are seizing it.
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OpinionCompetition system needs flexibility
The OFT needs to be allowed to take a broader view when making decisions, says Ian Cheshire
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NewsKingfisher gets go-ahead on Focus stores deal
The Office of Fair trading has cleared Kingfisher’s acquisition of 30 Focus DIY stores from the latter’s administrators .
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NewsKingfisher targets aspirational shoppers with Polish revamp
Kingfisher is revamping its Polish business to focus on higher-margin, aspirational products as the DIY group ramps up its own-brand offer in the country.
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OpinionRetailers have to adapt or die
The outlook for UK consumer spending continues to be weak with disposable incomes under increasing pressure, driven largely by the cost of living rising faster than income growth, which in turn is exacerbated by the threat of ongoing public sector cuts.
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NewsDelay to Focus transfers frustrates Ian Cheshire
Kingfisher boss Ian Cheshire has hit out against competition laws that he says are preventing the DIY group from transferring staff who work at the Focus DIY stores it has acquired.
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AnalysisHow can retailers crack China?
China is now the second biggest economy in the world. Rebecca Thomson looks at the numbers and considers how retailers can reap rewards from this global superpower.
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NewsWeather helps Kingfisher to strong first quarter
DIY giant Kingfisher has recorded a strong first quarter, helped by good weather, the late Easter and the run of Bank Holidays in the UK.