All Kingfisher articles – Page 42
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News
Adams to walk from Kingfisher in shock move
Veteran Kingfisher executive George Adams is to leave at the end of next month as new group chief executive Ian Cheshire begins to reshape the retail giant.
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News
Kingfisher sales fall in UK and China but full-year is on track
Home improvement retailer Kingfisher reported weaker than expected performance in its UK and Chinese businesses in the fourth quarter, but remained confident that full-year profit would meet expectations.
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News
Competition probe and Asda success help quoted grocers
Food retailers staged a comeback after they emerged largely unscathed from the Competition Commission’s investigation into the grocery market. Good fourth-quarter figures from Asda helped, confirming that food retailers as a group have been doing well.
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News
Kingfisher reports poor trading in fourth quarter
Kingfisher reported weak trading in its fourth quarter to February 3, but said full-year pre-tax profit will be in line with expectations.
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AnalysisReturns policies: 28 days later
A liberal returns policy can encourage loyal customers, but, if too relaxed, it can be abused and eat into profits. It’s all about striking the right balance, says Liz Morrell
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News
Morrisons’ soaring growth dents rival supermarkets’ share prices
Following share price rises in recent weeks, retail stocks went into reverse and food groups were hit most heavily.
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News
Cheshire could earn £16m over four years
Kingfisher boss Ian Cheshire could earn more than 16 million over the next four years in salary, bonus and shares if he succeeds in turning around the DIY and home improvement group.
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Opinion
The Retail Week – February 1, 2008
Surveying the wreckage of pub company Mitchells & Butlers, you have to conclude that Sainsbury's had a lucky escape when Qatari bid interest collapsed.
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Opinion
Non-food cannot afford to slip the net
Even against modest forecasts, the January trading statement season was miserable.
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News
Hopes rise for retailers as City says prospects are looking up
Another good week for the sector meant brokers chewed over whether it is once again the right time to buy on the back of retailers’ sharp re-ratings.
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Opinion
Cheshire has a big job ahead
While not wanting to question the thoroughness of the search, Ian Cheshire’s appointment as chief executive of Kingfisher won’t have surprised many.
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News
Cheshire: Kingfisher needs culture change
Kingfisher boss Ian Cheshire has vowed to change the culture of the home improvement giant as he takes up his position as group chief executive this week.
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News
Ian Cheshire made Kingfisher chief executive
Kingfisher has appointed Ian Cheshire as group chief executive with effect from January 28.
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News
B&Q targets grey pound
DIY giant B&Q is to aggressively chase the lucrative grey pound by launching hundreds of affordable products aimed at the over-55s.
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News
B&Q to stop selling patio heaters
B&Q is to no longer stock gas patio heaters, following claims that they are harmful to the environment.
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AnalysisThe end of the affair?
The City has fallen out of love with retail, as share prices tumble on the back of disappointing Christmas trading. George MacDonald asks whether it is a trial separation or a case for divorce
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News
Blow to Kingfisher as Asia chief Gilman quits
Veteran B&Q boss Steve Gilman, who is chief executive of its Asia division and one of the company’s most respected retailers, has made a surprise decision to stand down later this year.
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Opinion
Tenants will call the shots in 2008
This morning, homewares retailer Dunelm reported a strong performance in its trading update in a market that has shown little or no growth over the past year.
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News
Kingfisher exits B&Q Taiwan as growth opportunities abate
Kingfisher, owner of DIY chain B&Q, has sold its 50 per cent stake in B&Q Taiwan to joint venture partner Test Rite International for 51.6 million.
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News
Kingfisher exits Taiwan
Kingfisher has sold its 50 per cent joint venture stake in B&Q Taiwan for US$106.5 million ( 52.7 million) to its joint venture partner Test Rite International.