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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

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