Analysis: Why Kingfisher’s success is built on more than just lockdown headwinds

Exterior of B&Q St Albans store seen from car park

With inflationary pressures front of mind for both retailers and customers, Retail Week explores why Kingfisher believes the business is prepared to sail through the storm

DIY giant Kingfisher registered record profits and sales over the past year as consumers turned their hands to home-improvement projects and reimagined their spaces for the “new normal”.

Home and DIY has been tipped by experts as a booming market, but the return of other discretionary spending categories – including holidays, leisure activities and clothing – threatens to slow its growth.

 

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