Opinion on Home Improvement and Gardening Supplies

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Type Product title / description Pub Price
CommentWire
CommentWire

Kingfisher: franchising scheme to lead to swift expansion

The UK-based Kingfisher is set to introduce a franchise model as part of its long-term growth plans, which are to be announced in the first quarter of 2011. This initiative will enable Kingfisher to expand quickly, reduce the impact of difficult trading conditions in the UK and increase its hold over the European market.

Published By Datamonitor
07 Oct 2010
CommentWire
CommentWire

Kingfisher: fourth quarter sales decline in the UK

Home improvement giant Kingfisher's sales in the UK fell by 5.1% in the fourth quarter amid a backdrop of toughening macroeconomic conditions. However, a better performance abroad puts the group on target for profit when it announces its full year results next month.

Published By Datamonitor
21 Feb 2008
Expert View
Expert View

Kingfisher: feeling the full force of UK retailing slowdown

Leading home improvement retailer Kingfisher has displayed evidence of the full force of the slowdown in big-ticket spending in the UK as B&Q's profits more than halved during the third quarter. Chief executive Gerry Murphy said he did not expect the home market to improve until late 2006, however this cautious forecast comes from a man who is not afraid of making big decisions...

Published By Datamonitor
02 Dec 2005
CommentWire
CommentWire

Kingfisher: expanding into Russia

After establishing a presence with an 8,600 square meter Castorama outlet in Russia in February 2006, DIY retailer Kingfisher plans to increase its selling space provision by 150% over the next 12 months. As an emerging market, the country has plenty of potential and Kingfisher could use this opportunity to become market leader in the DIY sector.

Published By Datamonitor
24 Oct 2006
CommentWire
CommentWire

Kingfisher: enjoying its holiday in the sun

Kingfisher has announced that for the 13 weeks to May 2, 2009, total group sales grew by 9.6% (2.4% on a constant currency basis), while like-for-like sales declined by 1.7%. Although sales were boosted by comparatively favorable weather conditions, low consumer confidence and the depressed housing market are likely to make Q1 a positive anomaly in an otherwise difficult trading year.

Published By Datamonitor
02 Jun 2009
CommentWire
CommentWire

Kingfisher: DIY downturn brings rude awakening

Kingfisher emphasized its international successes when it reported its latest financial results, but could do little to deflect attention from the profit slump at its UK business B&Q. The group blamed the poor performance on market conditions, but a failure to spot the shift away from DIY to "Do-It-For-Me" was a key management error.

Published By Datamonitor
22 Mar 2006
CommentWire
CommentWire

Kingfisher: confident despite weak UK figures

Kingfisher, Europe's leading home improvement retailer has announced mixed results for the third quarter. Sales were up sharply in Asia and in minor European markets, but profits were lower in the UK and flat in France. Though the company remains confident that its UK recovery plan will bear fruit, these figures will concern anxious investors.

Published By Datamonitor
01 Dec 2006
CommentWire
CommentWire

Kingfisher: Castorama Italy is given the boot

Kingfisher, Europe's leading DIY retailer, has announced that it will be selling its Italian Castorama business to Groupe Adeo. While Kingfisher's exit from Italy will provide a slight cash relief for the debt-ridden retailer, a deteriorating macroeconomic climate across Europe continues to hamper the company's prospects of improving its financial situation.

Published By Datamonitor
01 Aug 2008
CommentWire
CommentWire

Kingfisher: B&Q upsets a good performance

On the surface, Kingfisher's results look promising, with a 6.4% rise in total sales, helped by a 1.9% like-for-like improvement, but beneath this, the Group has a number of underperforming divisions it needs to address. Crucially, this includes B&Q in the UK, and with an uncertain economic outlook in the UK, B&Q has its work cut out.

Published By Datamonitor
30 Nov 2007
CommentWire
CommentWire

Kingfisher: B&Q quits Korea

Although some will see Kingfisher's withdrawal from South Korea as evidence of the company reining in its international ambitions in the face of continuing challenges in its domestic markets, it should be viewed as a sensible strategic move that will allow Kingfisher to focus resources elsewhere in more lucrative Asian operations.

Published By Datamonitor
08 May 2007

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