…
In the six months to 31 July 2022, Kingfisher Group saw sales fall by 4.1% to €8.1 billion and profit fall by almost 30% to €562 million. Compared to the first half of 2019, sales were up by 13.5%. E-commerce accounted for 16% of the business (€1.31 billion, down by 19% year-on-year but up by 156% over 3 years). This is 5% below the figures achieved during the Covid lockdown in 2021.
Among the elements that have driven the momentum is the B&Q marketplace. For the chain with 300 stores, the...
You are reading this article thanks to your subscription to Mind Retail.
Explore new horizons by checking out our other verticals:
Do you have information to share with us?