Kingfisher: Bonuses slashed for top executives at B&Q and Screwfix owner after profit plummets Retail The bonuses of the chief executive and chief financial officer of the owner of B&Q have been slashed after Kingfisher's profits fell by almost 40 per cent during its latest financial year.
Nailed on: Screwfix to open 80 stores in expansion JOBS PUSH Home improvement business Screwfix is to create 800 retail jobs by January as part of plans to open 80 new shops across the UK and Ireland. The retailer’s sales were boosted during the pandemic as locked-down Britons hired tradespeople to spruce up their properties and gardens. Screwfix and B&Q owner Kingfisher enjoyed profits of more [...]
Post-pandemic expansion push for Screwfix as DIY giant goes on hiring spree for 800 people to staff 80 new UK stores High Street boost As part of plans to open 80 new shops across the UK and Ireland, home improvement business Screwfix said this morning it is to create 800 retail jobs by January. The retailer’s sales were boosted during the pandemic as locked-down Britons hired tradespeople to spruce up their properties and gardens. Screwfix and B&Q owner Kingfisher [...]
Exclusive: Reform stamp duty to boost energy efficiency, urges Kingfisher November 21, 2022 The Government should reform stamp duty to boost the energy efficiency, argued Kingfisher, the owner of brands such as Screwfix and B&Q.
Screwfix to open 50 new stores and create 600 jobs this year March 15, 2021 Screwfix is planning to open an extra 50 stores this year, creating around 600 new jobs, in response to the boom in demand for home improvements during the pandemic. The retailer, which is owned by B&Q parent company Kingfisher, will open 40 new branches in the UK, creating 500 jobs, and a further 10 in [...]
B&Q owner Kingfisher lowers outlook as struggling French arm drags down profit March 25, 2024 Kingfisher has made a loss during the full year as a slowdown in sales in its French arm continues to impact its bottom line.
B&Q owner Kingfisher builds from pandemic success but struggles to keep up with 2021 boom May 23, 2022 B&Q and Screwfix owner Kingfisher reported strong post pandemic growth in the first quarter, with three year like for like sales up 16.2 per cent.
Kingfisher: Profit warning at B&Q owner as economy bites September 19, 2023 Kingfisher: Profit warning at B&Q owner as economy bites
B&Q owner Kingfisher’s profits slump nearly 40 per cent although Covid backlog may yet boost DIY chain’s bottom line March 21, 2023 B&Q owner Kingfisher reported a sales slowdown as the DIY giant felt the hit from Brits scaling back on home improvements. For the year ending 31 January 2023 Kingfisher, which also owns brands such as Screwfix, posted pre-tax profits of £611m, down 39.3 per cent from £1.7bn in the same period last year. As shoppers [...]
DIY firm Screwfix to open 40 new stores and create 400 jobs August 26, 2020 DIY tool firm Screwfix has announced that it will open 40 new stores this year, creating around 400 jobs across the UK and Ireland. The retailer, which is owned by Kingfisher, said that it would open 30 stores in the UK by the end of January, with 300 jobs in retail management, service assistance and [...]