B&Q sales slump

Retail group Kingfisher today said sales at its B&Q business were down nearly 9% amid the slump in consumer spending.

Retail group Kingfisher today said sales at its B&Q business were down nearly 9% amid the slump in consumer spending.

The like-for-like figure – based on those stores trading for more than a year - reflected a 14% slide in sales of kitchen and bathroom units and poor demand for seasonal ranges following poor weather in August.

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