All Kingfisher articles – Page 34
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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.
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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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