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Latest news & analysis

Kingfisher has sold a controlling stake in its B&Q China business

Kingfisher sells controlling stake in B&Q China for £140m

Kingfisher has sold a controlling stake in its B&Q China business to Wumei Holdings for £140m as it seeks to focus on its European business.

Latest news & analysis

Tesco\'s accounting to be investigated by the Financial Reporting Council

Tesco and auditor PwC to be investigated by Financial Reporting Council

The Financial Reporting Council (FRC) has launched an investigation into the role auditor PwC has played in the overstating of Tesco profits.

Terry Leahy predicts fortunes will change for the big four in 2015

Sir Terry Leahy predicts turnaround for big four grocers in 2015

Former Tesco boss Sir Terry Leahy is predicting a turnaround for the big four supermarkets in 2015 and a more buoyant Christmas this year.

Tesco suppliers will be quizzed by the SFO

Tesco suppliers embroiled in Serious Fraud Office investigation

Suppliers are expected to be interviewed by the Serious Fraud Office (SFO) as part of the investigation into Tesco’s profit overstatement.

Cycle Republic

Comment: Seeking inspiration from the retail market as a whole makes sense

Knowing your competitive backyard is just not good enough. Take a look at what retailers en masse are doing to sell more merchandise.

Retail Week\'s Breakfast Briefing

Breakfast briefing: Retail news on Tesco, Zara, Panic Saturday and more

Retail news round-up on December 22, 2014: SFO to probe Tesco suppliers; Zara launches home store format; shoppers spend £1.2bn on ‘panic Saturday’; retailers poised for record online Christmas Day spending; Sainsbury’s boss Mike Coupe warns of two more years of pain.

B&Q China has sold a 70% stake to Wumei

Company profile: Wumei Holdings takes control of B&Q China

Wumei Holdings has acquired a 70% stake in B&Q China as it dips its toes in the DIY sector, having previously focused on supermarkets and department stores.

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