All Kingfisher articles – Page 4
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Retail Navigator Analysis
Kingfisher (Strategy)
Kingfisher chief executive Thierry Garnier refreshed the areas of focus for its ‘Powered by Kingfisher’ strategy in March 2023 “to ensure data, trade, culture and agility were given increased prominence and focus”.
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Retail Navigator Analysis
Kingfisher (Overview)
Home and DIY giant Kingfisher plc is the parent company of B&Q, Screwfix and TradePoint, as well as internationally Castorama, Brico Dépôt, and Koçtas, a mix of brands that serve both consumers and trade.
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Retail Navigator Analysis
Kingfisher (Financials)
Kingfisher saw its total sales decrease 0.6% to £12,980m for the year ending 31 January 2024 (FY2023). Revenues fell 1.8% in constant currency, affected by weaker international trade, which declined 3.9% to £6,593m.
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News
Retail Connected 2021: Hear from Mars and Ikea as day one kicks off
More than 100 speakers from around the world, including leaders from Alibaba, Walgreens Boots Alliance, Adidas, Levi’s and Shopify, will take to the virtual stage throughout this week at our new digital event.
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Analysis
Analysis: Why Kingfisher boss Thierry Garnier believes lockdown trends will last
DIY giant Kingfisher has posted a year of strong growth as the home improvement trend continued to thrive in lockdown – but how sustainable will the newfound passion for DIY be?
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News
Kingfisher profits and sales soar off back of strong Covid trading
Home and DIY giant Kingfisher has reported soaring profits and sales in the last year, with chief executive Thierry Garnier confident of its “continued outperformance” of the market.
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News
Screwfix set to open 50 new stores this year
Screwfix has announced plans to open 50 new stores across the UK and Ireland in 2021.
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News
Kingfisher rolls out plans for B&Q stores in Middle East
Kingfisher has announced plans to open B&Q franchised stores in the Middle East starting with two in Saudi Arabia.
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Analysis
Where is real tech transformation happening right now?
Retail Week looks at the investments helping retailers to operate faster and slicker, and investigates the different elements comprising digital transformation.
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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
Retail Connected 2021: Global insight from Walgreens, Levi’s and Shopify
More than 100 speakers from around the world, including leaders from Walgreens Boots Alliance, Adidas, Levi’s, Shopify and Asda, will take to the virtual stage at our new digital event in April.
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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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News
Leading retailers pledge to take action on diversity and inclusion in 2021
Following a year where business’ D&I agendas have come under scrutiny, 16 brands including M&S, New Look and Sainsbury’s Argos have partnered with Retail Week’s Be Inspired programme to promote diversity and empower their teams.
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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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Deep dive
Deep dive: How to think like a pureplay and survive the online sales shift
The time of the pandemic has been, for retail, the time of the pureplay – or at least a definitive switch to online.
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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.