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Screwfix halves direct emissions since 2021

Trade tool vendor cuts direct carbon emissions by 50 per cent since 2021 despite adding more than 100 stores to retail estate

DIY retailer Kingfisher cuts profit outlook again on weak French market, ET Retail

Kingfisher said group like-for-like sales fell 3.9% in the three months to Oct. 31, its fiscal third quarter, and were down 3.4% in the first three weeks of its fourth quarter. Third quarter like-for-like sales in the UK and Ireland division rose 1.1%, but in France they fell 8.6%.

Kingfisher Shares Slide 6 2% As FTSE Firm Cuts Profit Guidance Again

Sales at the B&Q and Screwfix owner dropped 2.1% to £3.2 billion during quarter three as troubles in its French markets intensified.

Kingfisher Faces Profit Woes Amid French Market Struggles as UK Flourishes on Improve Not Move Trend

The company s stock saw a sharp decline of six per cent, marking it as the top faller on the FTSE 100. The underlying issue, as Kingfisher explained, stemmed from ongoing weaknesses in their French

DIY retailer Kingfisher launches AI-powered customer assistant, ET Retail

Kingfisher said the virtual assistant, which can operate in multiple languages, is initially launching on the website and app of its Castorama France unit. If it proves successful, it will be rolled out to its other businesses which include B&Q and Screwfix in Britain and Brico Depot in France.

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