B&Q owner Kingfisher continuing to benefit from home improvement boom

Click & collect sales soared by 216% while e-commerce sales were up 153%

Online sales were up 153% in the third quarter, now representing 17% of the group’s total sales. Picture Dan Linehan

B&Q owner Kingfisher experienced a 17.4% spike in sales in its latest quarter, propelled forward by the growth in the home improvement market during the Covid-19 pandemic.

The home improvement group, whose main businesses include B&Q and Screwfix in the UK and Ireland, and Castorama and Brico Depot in France and other markets, reported strong performance across all retail banners and categories in the three month period up to October 31, with growth in overall footfall and average transaction value.