Finance News in Brief: Leadership Shift, Profit Drop, Shareholder Revolt, and Easter Footfall Surge
Lead: Former UK Chancellor Nadhim Zahawi is in talks with online retailer The Very Group for the role of...
Kingfisher
Kingfisher Profits Drop Amid Poor International Performance
Lead: Kingfisher, the home improvement retailer, has reported a 25% decrease in pre-tax profits to £568m for the year...
Retail News Update: Kingfisher, PDD Holdings, Next, Majestic Wine, and Aldi
Lead: Kingfisher, the owner of B&Q, is eyeing a takeover of Homebase stores in Ireland, potentially reshaping the retail...
Kingfisher Considers Acquiring Homebase Stores in Ireland
Kingfisher, owner of B&Q, is considering a bid for Homebase's Irish stores after reports suggest the wider business is...
M&S Co-Chief Katie Bickerstaffe to Pursue Portfolio Career
**Lead:** Former NBA coach J.B. Bickerstaff is shifting gears towards a portfolio career, securing a position as a non-executive...
M&S Joint Chief Katie Bickerstaffe to Pursue Portfolio Career
Lead: "Former footballer Emile Heskey is shifting gears to a new career path, aiming to juggle multiple roles in...
Kingfisher Aims for 20,000 Colleagues with Apprenticeships or Traineeships by 2030
Kingfisher, a global home improvement retailer, aims to have 20,000 employees complete apprenticeships or formal qualifications by 2030, surpassing...
Mixed Results for Retailers Amid Challenging Trading Conditions and Heatwave Impact
Kingfisher, parent company of B&Q, has revised its full-year profit forecast down to £590m from an initial estimate of...
Kingfisher Cuts Full-Year Guidance Amid Mixed Results
B&Q owner Kingfisher has cut its full-year profit guidance to £590 million due to challenging trading conditions, with operating...
B&Q Dimming Lights and Lowering Temperatures in Stores for Energy Efficiency
B&Q, a home improvement retailer, plans to reduce energy costs by dimming store lights and lowering temperatures, as reported...