Kingfisher
This coverage focuses on Kingfisher’s activities and performance in the UK retail sector, including brand strategies, store operations, financial results, and leadership decisions. Reporting highlights how Kingfisher navigates market trends, customer expectations, and sustainability goals — providing insight for executives, managers, and professionals overseeing DIY, home improvement, and multi-brand retail operations.
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Oct- 2025 -9 OctoberDIY
Kingfisher appoints Deba Sen as chief commercial officer
Kingfisher has appointed Debarati (Deba) Sen as chief commercial officer. She will join the international home improvement group in December and become a member of its group executive team, based in London. The news comes after Kingfisher confirmed that Henri Solère, chief offer and sourcing officer, will step down from…
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Sep- 2025 -23 SeptemberDIY
Kingfisher ups guidance amid strong H1
Kingfisher has revealed that it is now targeting the “upper end” of its full year 25/26 adjusted PBT of between £480m to £540m, and free cash flow of between £480m to £520m after a strong half year. During the period, the company saw its sales rise to £6.81bn for the…
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12 SeptemberClothing & Shoes
B&Q eyes plans to cut 650 jobs to ‘simplify’ structure
B&Q is reportedly considering plans to cut around 650 jobs in order to “simplify” its structure. According to media reports first revealed by Retail Week, the DIY retailer is looking to reduce the number of trading manager, deputy manager and team leader roles. B&Q said it is in consultation with…
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May- 2025 -28 MayDIY
Kingfisher sales rise 2.2% to £3.3bn in Q1
Kingfisher, which operates DIY brands Screwfix and B&Q, has reported that total sales rose 2.2% to £3.3bn in the first quarter ended 30 April. It comes as like-for-like sales grew 1.8% during the period, with the group noting a 2.7% boost in underlying growth, thanks to customers making more large…
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Mar- 2025 -25 MarchNews-In-Brief
Today’s news in brief-25/3/25
WH Smith has successfully completed a refinancing deal, securing a £200m US Private Placement and a new £120m bank term loan. The move diversifies its debt financing ahead of a potential sale of its high street business, which includes over 500 stores. Two firms, Alteri Investors and Modello Capital, remain…
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25 MarchDIY
Kingfisher profits fall 7% to £528m in FY24
Kingfisher has reported a 7% dip in profits to £528m, including £33m of one-off business rates refunds at B&Q, during the year ended 31 January 2025. The home improvement retailer, which owns B&Q and Screwfix, has seen its total sales decrease 0.8% to £12.7bn. Operating profit for the group also…
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Jan- 2025 -7 JanuaryNews-In-Brief
Today’s news in brief-7/1/25
Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary…
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7 JanuaryPeople Moves
Former Coles chief executive to join Kingfisher board
Kingfisher has announced the appointment of former Coles CEO in Australia, Ian McLeod, to its board of directors as a non-executive director, effective from 20 January. A retail executive with over 40 years of experience across various different international markets, he most recently served as group chief executive at DFI…
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7 JanuaryNews
B&Q acquires five Homebase UK stores for £2.5m
B&Q has announced that it has reached an agreement to acquire five leasehold stores in the UK, currently trading as Homebase, for a total purchase price of £2.5 m. This follows the agreement to buy three stores currently trading as Homebase in the Republic of Ireland announced on 24 December…
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Nov- 2024 -29 NovemberDIY
Kingfisher and M&S eye remaining Homebase sites
Kingfisher and Marks and Spencer are reportedly eyeing more than 20 of Homebase’s stores after the DIY company fell into administration earlier this month.According to Sky News, the two companies are among several retailers circling the remaining Homebase estate ahead of a deadline for offers today (29 November). The two…
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