Kingfisher news and archive

Debenhams said to be in talks with former Kingfisher CEO to replace chairman

Troubled department store group Debenhams is said to be in talks with the former boss at Kingfisher, Sir Ian Cheshire, to replace current chairman Nigel Northridge in what would be the latest boardroom shake up for the group. According to reports from the Sunday Times, Debenhams has been under pressure from its shareholders in regards to its...

Fashion

Kingfisher Q1 sales plummet

Home improvements retailer Kingfisher Plc announced a drop in same-store sales in the first quarter. Meanwhile trading in its key French and UK markets remains difficult. Last month the company warned waning consumer demand would affect its quarterly reports. It reported a like-for-like sales drop of 5.6 per cent. Retail profits fell 15.6 per...