• UK
  • World
    • USA
  • Entertainment
    • Celeb
    • Showbiz
    • Magazine
  • Politics
  • Sports
  • Gaming
  • Tech
  • Science
    • Education
  • Insurance
  • Business
  • Auto
  • ToS/Contact
    • ToS
    • Privacy Policy
    • Contact
NewsExplored
  • UK
  • World
    • USA
  • Entertainment
    • Celeb
    • Showbiz
    • Magazine
  • Politics
  • Sports
  • Gaming
  • Tech
  • Science
    • Education
  • Insurance
  • Business
  • Auto
  • ToS/Contact
    • ToS
    • Privacy Policy
    • Contact
  • Facebook

  • Twitter

  • LinkedIn

  • Tumblr

  • RSS

UK

B&Q owner sees sales soar in lockdown DIY boom

B&Q owner sees sales soar in lockdown DIY boom
Newsexplored
22nd July 2020
5
SHARES
ShareTweet
SubscribeRedditGoogleWhatsappStumbleuponPinterestDiggLinkedinTumblrTelegram
Views:
3
Woman painting a wallImage copyright Getty Images

Sales of paint, wallpaper, plants and compost have soared during lockdown, the owner of B&Q and Screwfix has said.

Kingfisher said people had been doing more DIY than usual, as like-for-like sales jumped by 21.6% in the three months to 18 July.

Store re-openings also boosted revenue, while online sales more than tripled.

Kingfisher’s UK stores, as well as those in France, were closed in mid-March due to lockdown measures to stop the spread of coronavirus.

Although B&Q’s UK stores only started reopening in late April, online sales continued to see a huge increase, it said.

The retailer made click-and-collect and home delivery options available and the group saw online sales surge more than 200% in both May and June.

  • DPD and B&Q owner to hire 7,500 as demand surges
  • DIY spending splurge helps May sales recover

According to the Office for National Statistics, retail sales across the UK partly recovered in May driven by DIY stores and garden centres reopening.

Sales were boosted by a 42% rise at household goods stores, such as hardware, furniture and paint shops, it said.

Kingfisher said that good weather had also helped demand – in addition to people having more time to spend on DIY improvements while they spent more time at home.

Image copyright Getty Images

In June, the group said it would recruit 3,000 to 4,000 more workers to meet the rising demand, about half of them in the UK.

Kingfisher boss Thierry Garnier said the firm’s new recruits would be “temporary” during the summer, depending on what happened to demand after coronavirus measures were eased.

data-ad-format="auto">

The DIY group is one of the few large retailers to add to its workforce instead of cutting jobs amid the pandemic.

DIY is one area that has done well during lockdown. Other businesses that have seen buoyant sales include supermarkets and online-only fashion stores.

Sainsbury’s, for example, saw grocery sales up 10.5% during the lockdown, fuelled by online orders. Online fashion firm Asos also reported an increase in group sales of 10% to £1bn in the four months to 30 June.

Despite Kingfisher’s strong performance, the group said in a statement on Wednesday that it would not give guidance for the second half of the year due to “uncertainty around Covid-19 and the wider economic outlook”.


It also said its sales over the six months to 18 July were down 3.7% compared with the same period last year.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Google+ (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Share on Skype (Opens in new window)

Related

Related Itemslockdownownersales
UK
22nd July 2020
Newsexplored @newsexploredweb

Related Itemslockdownownersales

More in UK

  • Read More
    Storm Christoph: Homes evacuated in Wales amid severe flood warning

    Views:3 image captionUp to 30 people have been forced out of their homes in Bangor-on-Dee, Wrexham Homes...

    Newsexplored 22nd July 2020
  • Read More
    Newspaper headlines: ‘New dawn for America’ as Joe Biden takes over

    Views:3 By BBC NewsStaff image captionPhotographs from Joe Biden’s inauguration as the 46th US president feature across...

    Newsexplored 22nd July 2020
  • Read More
    Scotland’s papers: Restrictions ‘for months’ and Trump’s exit

    Views:3 Daily Record The Herald The Scotsman The Scottish Sun The National The Times Daily Mail Daily...

    Newsexplored 22nd July 2020
  • Read More
    Newspaper headlines: ‘It’s the back of Trump’ and ‘vaccine pivot’

    Views:3 By BBC NewsStaff image captionAll of Wednesday’s front pages carry a mention of Joe Biden’s inauguration...

    Newsexplored 22nd July 2020
  • Read More
    Storm Christoph: Flood warnings in parts of England

    Views:3 image captionIn Hebden Bridge, West Yorkshire, residents have prepared their homes and businesses ahead of the...

    Newsexplored 22nd July 2020
  • Read More
    Newspaper headlines: Jab complacency fears and smart motorway inquest

    Views:3 By BBC NewsStaff image captionThe Daily Telegraph says government scientific advisers are concerned millions of people...

    Newsexplored 22nd July 2020
  • Read More
    Manchester Arena Inquiry: Help given to Saffie-Rose Roussos to be examined

    Views:3 image copyrightFamily handouts image captionTop row (left to right): Alison Howe, Martyn Hett, Lisa Lees, Courtney...

    Newsexplored 22nd July 2020
  • Read More
    England: Phil Neville leaves Lionesses manager role

    Views:3 Phil Neville has left his role as manager of England’s women and is set to take...

    Newsexplored 22nd July 2020
  • Read More
    Scotland’s papers: Army leads vaccine rollout and ‘patchy supplies’

    Views:3 Daily Record The Herald The Scotsman The Scottish Sun The National The Times Daily Mail Daily...

    Newsexplored 22nd July 2020
  • Read More
    Sri Lanka v England: Tourists win first Test by seven wickets

    Views:3 Dan Lawrence scored 94 runs and Jonny Bairstow 82 in the match First Test, Galle (day...

    Newsexplored 22nd July 2020
  • Read More
    Brexit: ‘Putting UK, not GB, delayed my fish for 24 hours’

    Views:3 By Lucy HookerBusiness reporter, BBC News Published duration4 hours ago Share Share page linkCopy link About...

    Newsexplored 22nd July 2020
  • Read More
    The Papers: ‘Hope in the post’ as ‘5 million more offered jab’

    Views:3 By BBC NewsStaff image captionCovid vaccination progress leads Monday’s front pages, as over-70s and clinically extremely...

    Newsexplored 22nd July 2020
Scroll for more
Tap
data-ad-format="auto">
NewsExplored

NewsExplored - Making sure all the latest news is explored?

Contact us for help

  • Popular

  • Latest

  • Comments

  • Trump pardons two convicted by Russia investigation
    USA23rd December 2020
  • Kieran Trippier suspended for 10 weeks over breaches of betting rules
    Sports23rd December 2020
  • The Papers: UK and EU on ‘verge’ of Brexit trade deal
    UK23rd December 2020
  • Former BBC sports reporter Kevin Gearey dies
    Entertainment23rd December 2020
  • Biden inauguration: New president to be sworn in amid Trump snub
    USA20th January 2021
  • Biden inauguration: Democrat to be sworn in as Trump leaves office
    USA20th January 2021
  • Biden inauguration rehearsal paused amid US Capitol lockdown
    USA18th January 2021
  • Migrant caravan: Guatemala blocks thousands bound for US
    USA18th January 2021
  • Les Rehrer says:

    Hello Its me :P and thanks for this post

  • optumrx login says:

    Thank For News.

  • Kent Laatsch says:

    Please let me know if you're looking for a writer…

  • Bob says:

    RT News was where I learned that Erdogan controlled isis.…

Copyright © 2018 Top News Theme. Theme by MVP Themes, powered by Wordpress.

Gorleston deaths: Bodies of man and woman found at house
Coronavirus: Leicester textile firms face enforcement action after safety breaches
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok