B&Q owner’s deteriorating sales highlight new boss’s tough task
Shares slumped after company said like-for-like sales dipped 3.7% in third quarter
Shares slumped after company said like-for-like sales dipped 3.7% in third quarter
Shares in home improvement retailer Kingfisher have fallen 31% over the last year
The last thing a successor needs is CEO’s ghost hanging around to act as lightning rod for disaffected opponents of change
Exit of Véronique Laury means only five FTSE100 firms have female chief executives
B&Q owner reports weak quarterly sales in French chains Castorama and Brico Depot
But company says it is on track to grow gross margin in the full year
Group trading as B&Q in Ireland sees sales fall 2.5% on back of ‘Beast from the East’
In Europe financials contributed the most to losses with banking sector down 0.9 per cent
Company made £440m pretax profit in first half of this year
B&Q owner made an underlying pretax profit of £686 million last year
Homebase to rebrand as Bunnings in Ireland and the UK as it goes head-to-head with B&Q
Kingfisher hit by falling sales in French arm
Firm shows improved growth in both Britain and France in its latest 10-week sales
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