All Kingfisher articles – Page 2
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NewsKingfisher issues profit warning as French market struggles
DIY giant Kingfisher has lowered its full-year profit guidance, saying that market trends in France have been “weaker than expected”.
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AnalysisKitchen nightmares: what do property market worries mean for DIY retailers?
What do the UK’s biggest home improvement retailers think about the trouble swirling in a market which closely mirrors the fortunes of their own?
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NewsKingfisher cuts profit forecast as tough trading conditions bite
DIY giant Kingfisher has slashed full-year profit expectations after facing harsh trading conditions, particularly in overseas markets.
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Opinion‘Rain may mean soggy footfall, but retailers can’t forget the big climate picture’
Day to day, rain has probably been front of mind for retailers as dismal July weather resulted in soggy footfall in many places.
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InterviewQ&A: Kingfisher’s Dorothee D’Herde on meeting cost and sustainability needs
Kingfisher’s director of responsible business Dorothee D’Herde speaks to Retail Week about how the cost-of-living crisis is shaping how shoppers view sustainability
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AnalysisHow retailers are creating the best in-store experiences
The purpose of the retail store faced an overhaul as the pandemic caused many shops to shut for months, with customers having no choice but to turn to online shopping.
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Innovation of the WeekInnovation of the Week: DIY retailers join forces to tackle emissions
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsKingfisher sales dampened by wet weather
Kingfisher has reported flat sales as wet weather dampened demand for seasonal products like barbecues and garden furniture.
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NewsScrewfix takes rapid delivery service to TV with new campaign
Screwfix is launching a promotional campaign for its 60-minute rapid delivery service, Screwfix Sprint.
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AnalysisStrategy spotlight: Five ways Kingfisher is maximising growth with Screwfix
Barring the huge boost for the sector during the pandemic, DIY giant Kingfisher has been reliant on its Screwfix trade-counter format to drive sales and profit growth in recent years. Meanwhile, its larger businesses, including B&Q in the UK and Brico Dépôt and Castorama in France, have struggled in a difficult trading environment
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NewsCBI faces calls to disband as retailers exit en masse
The crisis at the Confederation of British Industry (CBI) deepened over the weekend as retailers joined other businesses in cutting ties amid calls the lobbying group should be disbanded.
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Opinion‘Retail operations has become the training ground for successful CEOs’
A retail operations background is increasingly the training ground for successful chief executives, says Fran Minogue
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NewsScrewfix ramps up expansion plans with more store openings
Screwfix plans to add more stores to its ambitious opening target, following a record year of openings in 2022.
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NewsKingfisher boss Garnier praises ‘resilient’ performance despite falling profits and sales
B&Q owner Kingfisher has reported a fall in annual profits despite an increase in like-for-like sales compared with pre-pandemic levels.
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NewsExclusive: B&Q and Screwfix to hike hourly pay rates
Kingfisher is increasing the hourly pay rate for its B&Q and Screwfix employees by more than 8% year-on-year, from the beginning of the new financial year.
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Opinion‘Does Tile Giant administration signal the end of the DIY boom?’
After a phenomenally busy period when everybody became Handy Andy or Andrea and painted the walls rather than climbed them during the depressing days of lockdowns, things are looking trickier as the consumer mentality shifts from DIY to done-IY.
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NewsExclusive: Kingfisher tech chief to leave as ‘next phase of digital journey’ begins
Kingfisher chief digital and technology officer JJ Van Oosten is leaving the DIY giant, Retail Week can reveal.
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Retail VoiceHow data can shine a light on supply chain visibility
With sustainability continuing to climb the retail agenda, Altruistiq’s Saif Hameed and Sir Ian Cheshire examine what more businesses can be doing.
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AnalysisWhat’s in store for 2023? Very, Primark and Kingfisher bosses predict the year ahead
In the last year, the UK has leapt from a pandemic to a political circus straight into an economic whirlwind, begging the question: what’s next? So we’ve asked the bosses of retail to predict the unpredictable and tell us the trends they think will dominate and direct the sector in 2023
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NewsKingfisher inches down profit guidance amid rising wages and energy bills
Kingfisher has shaved £10m from the upper end of its profit guidance in the face of rising wages and energy bills.