All Kingfisher articles – Page 33
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News
Retailers neglecting succession planning
Only 17% of retail CEOs and board directors are actively engaged in succession planning, according to a report published today at World Retail Congress.
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NewsKingfisher’s rising star to join the board of B&Q
B&Q has hired one of parent company Kingfisher’s rising stars as commercial director on its board.
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AnalysisSlow road to South Korea will help Ikea’s prospects
Ikea has reported that group sales for the year ended August 31, 2010, rocketed 7.7% to €23.1bn (£19.2bn).
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OpinionInnovating through a downturn
Don’t let the day-to-day stop you investing in your company’s future
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Analysis
Promoted to death?
As retailers rely more and more on promotions it seems customers are less willing to pay full price. Is it too late to turn the tide, asks George MacDonald
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NewsB&Q lures Asda head of marketing to board role
DIY giant B&Q has poached Asda marketing director Katherine Paterson and appointed her to the board, reinstating a marketing role at that level for the first time in two years.
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NewsKingfisher aims for overseas growth in emerging markets
DIY giant Kingfisher aims to grow by expanding internationally over the next five to 10 years.
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News
Former Kingfisher director George Adams named chief executive of Maxeda DIY
Former Kingfisher executive George Adams is to become chief executive of Maxeda DIY, part of the Dutch private equity-backed retail group of the same name.
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NewsCharlie Mayfield urges retailers to act on skills shortages
John Lewis Partnership chairman Charlie Mayfield has warned retailers they face the business equivalent of climate change unless they focus on developing employees’ skills.
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NewsKingfisher reports profits surge but warns on ‘fragile’ outlook
Kingfisher group adjusted pretax profit surged 22.9% to £354m in the 26 weeks to July 31, but warned that the “outlook for consumer spending is fragile”.
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OpinionFlat outlook for retail shares
Next chief executive Simon Wolfson put the cat among the retail share price pigeons last week with a frank summary of current trading conditions and the shape of things to come.
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NewsNext update and BRC data hits retail stocks
Retail stocks were left on the shelf following downbeat reports last week from Carpetright and Next and gloomy BRC July retail sales data this week.
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NewsWolfson and Harris: tough times in store
Bellwether retailers Carpetright and Next spooked the City on Tuesday with cautious updates presaging punishing times for the stores sector.
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NewsKingfisher focus on profits over sales welcomed
Kingfisher’s focus on profits over sales growth has been welcomed by analysts following a sales dip.
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NewsKingfisher boss heads to India with Prime Minister
Kingfisher group chief executive Ian Cheshire is this week visiting India with Prime Minister David Cameron as the only stores chief represented on the trade mission.
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OpinionIndian take-aways
The Prime Minister has taken a delegation out to India to show off our businesses and culture; but when it comes to retail and technology the ideas flow won’t be all one way.
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AnalysisKingfisher trades its brightest ideas
The international retail group tried something different at its June conference to promote the exchange of ideas.
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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.