Poland

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…

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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…

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Temu earns high marks from top German consumer watchdog

Temu, the online marketplace, has received strong endorsements for its quality, data security, and customer-friendly returns in a recent evaluation…

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Pepco explores potential sale of Poundland amid trading challenges

Pepco has announced that it is “actively exploring” a potential sale of Poundland amid rising pressures on the business, and…

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Kingfisher lowers profit guidance amid flat Q3 sales

Kingfisher has lowered its full-year profit guidance after posting flat sales of £3.2bn for the three months ended 31 October,…

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Kingfisher HY profits improve despite weak sales

B&Q owner Kingfisher has revealed that its statutory pre-tax profits rose 2.3% to £324m for the six months ended 31…

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Today’s news in brief-29/5/24

Retail sales in the UK have seen their fastest growth since December 2022, according to the CBI Distributive Trades Survey.…

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Primark enters 17th market with new Budapest store

Primark has officially entered its 17th market with the opening of a store in Hungary’s capital Budapest.  The move comes…

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Today’s news in brief-21/5/24

Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths…

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B&Q owner holds guidance as UK&I outperforms European arms

Kingfisher has announced that it will be maintaining its profit guidance after Q1 sales at B&Q in the UK and…

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