32.1 C
Bangkok
Monday, May 6, 2024

the DIY giant building on back of pandemic

Kingfisher’s stores include B&Q shops like this one in London. Sales jumped as people spent lockdowns improving their homes.

LONDON – The coronavirus pandemic has caused the permanent closure of bricks-and-mortar retailers worldwide but European home-improvements giant Kingfisher is looking to expand, chief executive Thierry Garnier told AFP in an interview.

Kingfisher, along with rivals, have been allowed to keep stores open during the virus outbreak, enabling customers to purchase goods and collect online orders which have soared over the past year.

Kingfisher’s sales jumped seven percent in 2020 to pound sterling12.34 billion ($16.92 billion, 14.31 billion euros) as lockdowns saw people making improvements to their homes, the company revealed in its recent annual results statement.

Online sales…

Read more…

Latest Articles