All B&Q articles – Page 4
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Analysis
Going local: the retailers opening neighbourhood stores
With less commuting and more time spent exploring the shops and cafes on our doorstep, it comes as little surprise that localism is seeing a resurgence in 2021. Retail Week explores the small store formats popping up on the high street.
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News
Retail bosses demand business rates reform and online sales tax
Bosses from 18 retailers have called on chancellor Rishi Sunak to permanently cut business rates in a bid to save the high street.
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News
Screwfix sales hit £2bn as store estate grows
Screwfix has doubled its sales to £2bn over the last five years, while continuing to open new stores despite the pandemic.
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News
Kingfisher expects profits at top end of range after strong fourth quarter
Home and DIY giant Kingfisher has said it expects full-year profits to be at the top end of its £667m to £742m estimate, following continued strong trading in its fourth quarter.
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Interview
Interview: How B&Q boss Graham Bell plans to ‘beat the pureplays’
In his first interview as B&Q chief executive, Graham Bell tells Retail Week how the DIY giant ‘got its mojo back’ and why it has the tools to topple Amazon.
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Analysis
John Lewis, Tesco and B&Q bosses: Lessons from the year that changed retail forever
2020 has been one of the most disruptive, unpredictable years in living memory. What have retail’s leaders taken as their biggest lesson from the year that changed everything?
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Opinion
‘After its most defining year ever, retail will emerge stronger in 2021’
A retail chief executive put a question to me earlier this week during a (these days somewhat rare) face-to-face meeting: “How would you sum up this year for retail in one word?”
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Analysis
Why Kingfisher’s NeedHelp acquisition is ‘missing piece of the puzzle’
Home and DIY giant Kingfisher announced the acquisition of French start-up NeedHelp this week, marking its first foray into the services sector.
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News
Kingfisher buys home improvement services marketplace NeedHelp
Kingfisher has acquired home improvement services marketplace NeedHelp as the group ramps up plans to become “more digital and service orientated”.
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News
Kingfisher sales surge as online demand drives growth
Kingfisher has posted a spike in sales during its third quarter as surging ecommerce demand drove its top-line growth.
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Analysis
Analysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
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Analysis
How B&Q owner Kingfisher is switching to digital-first stores
Kingfisher has shifted strategy to prioritise in-store picking and new store types as it seeks to accelerate the integration of on- and offline.
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News
Kingfisher ecommerce sales soar as Garnier praises ‘resilient’ results
B&Q owner Kingfisher has seen ecommerce sales soar in the first half of the year and pre-tax profits climb in what chief executive Thierry Garnier hailed as a “resilient” set of results.
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News
Asda to pilot convenience format and B&Q shop-in-shops
Asda is to test a new convenience store format and launch B&Q shop-in-shops inside four of its largest superstores.
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News
Watch: B&Q launches new ‘Build a Life’ campaign
B&Q has launched its latest campaign “Build a Life”, which marks a new creative direction for the retailer.
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News
B&Q pledges £100,000 to help Solent small businesses
B&Q has pledged to donate £100,000 of levy funds to the Transfer to Transform scheme, which aims to boost small and medium businesses in the Solent area.
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Opinion
Thierry Garnier: ‘In a crisis, speed, agility and empowerment beat perfection’
B&Q owner Kingfisher’s chief executive Thierry Garnier on how the home and DIY retail giant responded to the Covid-19 pandemic, and why ‘done is better than perfect’
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News
Kingfisher poaches John Lewis digital director
Kingfisher has announced two new appointments to its customer & digital team, including former John Lewis digital director Sienne Veit.
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Analysis
Analysis: Is Kingfisher’s new strategy enough to rebuild it?
Under the management of chief executive Thierry Garnier, who joined the group in September, Kingfisher has announced its new strategy, ‘Powered by Kingfisher’ – but will it be enough to turn things around?
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News
Kingfisher unveils new strategy as full-year profits fall
B&Q’s parent company Kingfisher reported a dip in full-year sales and profits as new chief executive Thierry Garnier unveiled new ‘Powered by Kinfisher’ group strategy.