News | New strategic plan
BackKingfisher wants to develop more compact stores
The British DIY retail group Kingfisher wants to increasingly test new store concepts in future. "We will develop more compact stores, experiment with innovative stores formats, and explore partnerships including 'shop-in-shop', concessions and franchising," says the report on the full year results of financial year 2019/2020.
That is part of the new strategic plan with the title "Powered by Kingfisher". Further elements of the new strategy are, among other things, a simpler local-group operating model, an increase in e-commerce sales, a mobile-first, service-oriented customer experience and a differentiation through own exclusive brands.
- First half of 2020/2021 Kingfisher’s online sales grow by 164 per cent
- Share plan Kingfisher starts sale of shares to employees
- Advanced second quarter information Kingfisher: plus 25 per cent in June, e-commerce plus 225 per cent
- -0.8 per cent Kingfisher only publishes unaudited figures
- French B2B2C platform Kingfisher acquires NeedHelp services marketplace
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DIY International 4/2020

Actual figures
Statistics Home Improvement Europe
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