Airlines Deals

Airlines Deals

Kingfisher steps up tests for new format

The fourth branch in a test run of the format will open this week at Wednesbury near Birmingham, as Kingfisher considers whether to proceed with a three-year, £200m overhaul programme in the autumn.
The sites devote more space to showroom displays of complete kitchens and bathrooms as the chain looks to get away from aisle-based layouts.
The moves come after profits last year dived 70 per cent in Britain because of a challenging market and the impact of promotional activity.
It will report further negative sales figures on Thursday, although analysts expect a slight improvement on B&Q’s underlying sales performance in the first quarter, which showed a fall of 8.8 per cent.

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