B&Q owner says it ‘respectful’ of Bunnings and is keeping a close eye on its novel DIY competitorB&Q owner Kingfisher has sent a team to Australia to check out rival Bunnings as it admits it faces tougher competition from the novel owner of Homebase. Unveiling a better than expected 0.3% rise in underlying profit to £686m on Wednesday,chief executive, Véronique Laury said: “There is no question that Bunnings will be a strong competitor in the UK. We are following their plans closely.”Continue reading...
Source: theguardian.com