All Kingfisher articles – Page 35
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NewsB&Q suffers second quarter sales fall
DIY group Kingfisher suffered a sales decline at its UK arm in the second quarter as shoppers avoided big-ticket purchases.
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NewsRetail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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NewsKingfisher puts Euan Sutherland in charge of group sourcing
DIY group Kingfisher has rejigged directors’ responsibilities to put more “management resource” behind its group sourcing drive.
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OpinionPutting on a united front
Individual talent alone is not enough, it is great teams that win the day.
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NewsRetailers in favour despite hike in VAT
Retailers can live with the effects of Tuesday’s emergency Budget: that was the snap judgement of store chiefs and investors alike to the Chancellor’s announcement.
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NewsB&Q to open small city centre stores
DIY retailer B&Q intends to open small-format city centre stores in the UK after the success of similar pilot stores run by parent Kingfisher overseas.
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AnalysisKingfisher’s French connection
Kingfisher’s French arm has been an unsung hero for the DIY giant, achieving strong results in a tough market. Nicola Harrison reports from Lyon
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NewsKingfisher’s ‘self help’ drives 12% profit rise
Kingfisher chief executive Ian Cheshire has said its “self help” agenda has helped it achieve growth in a tough market as the DIY group posted a profit rise of 12% in the 13 weeks to May 1, slightly ahead of market consensus.
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NewsRetail shares rebound after last week’s blow
Food and general retail stocks alike bounced back after last week’s plunge, both outperforming the All Share index.
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NewsSelf-help measures drive Kingfisher quarterly profits rise
Improved gross margin and cost productivity helped DIY giant Kingfisher post a rise in first quarter profits despite a like-for-like sales fall.
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NewsCo-op hires independent directors to bolster food board
The Co-operative Group has appointed two independent directors to bolster the board of its food subsidiary.
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OpinionProperty on the board
The crossover of retailers and landlords on each other’s boards can only be a good thing.
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NewsKingfisher and Topps Tiles updates won’t lift home sector gloom
Updates from Kingfisher and Topps Tiles next week are expected to paint a subdued picture of the home sector’s performance.
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NewsLess healthy foods face ‘fat VAT’ threat, Justin King warns
Sainsbury’s boss envisages tax change as Government tries to balance the books
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NewsKingfisher boss wades into VAT debate
Kingfisher chief executive Ian Cheshire has called on the government to consider extending VAT to food and other exempt items if an increase in the tax is implemented.
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NewsScrewfix adopts ‘British Football Time’ opening hours during World Cup
Screwfix, the Kingfisher-owned trade DIY chain, will switch its trading hours to “British Football Time” for England matches during the World Cup.
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AnalysisPark life: retail parks bouncing back
Retail parks have been on the back foot, but new names are now starting to freshen up their offers and draw footfall.