Kingfisher Bucks the Trend As Retailers Report Gloom

Summary


B& Q owner Kingfisher defied the economic gloom by posting forecast-busting sales figures on a day when it was revealed the high street suffered its biggest slide in sales in 22 years.

The DIY chain benefitted from the recent sunshine with barbecues and garden furniture in demand. B& Q notched up a creditable 0.2pc increase in underlying revenues in the last three months.

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Extract


Kingfisher Bucks the Trend As Retailers Report Gloom

But its performance was very much the exception not the rule as the nation's retailers remain...

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