Should a business be like your family? The boss of B&Q thinks so Retail A business should be more like a family in order to attract employees with the right moral and cultural judgements, the boss of B&Q has said.
Deliveroo partners with Not On The High Street in boost for small retailers Business Deliveroo has partnered with e-commerce distributor Not On The High Street to provide personalised gifts on demand in the latest expansion of the on-demand service’s shopping offering. The partnership, which Deliveroo has said could see gifts on customers’ doorsteps in as little as 25 minutes, will allow users to order from 15 independent small brands [...]
Kingfisher shares soar: B&Q owner sales dip as customers shun ‘big-ticket’ items Retail B&Q owner Kingfisher has reported a “resilient” set of results after a series of profit warnings last year, but weaker sales in France continued to weigh on profit. According to its half-year earnings for the six months ended 31 July 2024, sales fell by 1.8 per cent overall, to £6.75bn from £6.9bn, while gross profit [...]
Kingfisher: Former Tesco exec heads for big role at B&Q owner June 17, 2024 A former-Tesco exec is set to join the leadership team at Kingfisher, which owns B&Q and Screwfix, following the resignation of its chief financial officer Bernard Bot.
Kingfisher: B&Q owner holds guidance despite weak ‘big-ticket’ sales May 21, 2024 B&Q owner Kingfisher has held its guidance for the year, as the firm posts improving sales in its UK and Ireland market.
Kingfisher: Bonuses slashed for top executives at B&Q and Screwfix owner after profit plummets April 16, 2024 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.
City grandee and Kingfisher chair Andrew Cosslett to step down after seven years April 15, 2024 The City grandee chairman of the owner of B&Q will not stand for re-election, it was announced on Monday, a move which follows a string of profit warnings at the firm.
Carpetright drafts in advisers as it mulls cost cutting options April 5, 2024 Carpetright has reportedly drafted in advisers to explore cost-saving measures for the business as it struggles amid a slowdown in demand.
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.