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B&Q
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==Corporate affairs== The retail chain offers over 40,000 products across their 300 shops and through their online presence.<ref name="corporate_about">{{cite web |url=http://www.diy.com/corporate/about |title=Company Information |publisher=B&Q |access-date=23 August 2011}}</ref> Reports in May 2007 suggested it was the second largest in Europe, and the fourth largest in the world (behind [[the Home Depot]], [[Lowe's]] and [[OBI (store)|OBI]]).<ref>{{cite news|url=http://uk.reuters.com/article/uk-kingfisher-trading-idUKL3117671620070531|archive-url=https://web.archive.org/web/20160109063049/http://uk.reuters.com/article/uk-kingfisher-trading-idUKL3117671620070531|url-status=dead|archive-date=9 January 2016|title=Interest rate worries cloud Kingfisher |date=31 May 2007 |work=Reuters |access-date=28 September 2011}}</ref> ===Shops=== [[File:Grimsby B and Q - geograph.org.uk - 150880.jpg|thumb|A B&Q store in [[Grimsby]], England]] By 2000, B&Q had 51 large warehouse shops; this had doubled by 2003. By May 2014, B&Q in the United Kingdom had 359 shops, and 20,887 employees;<ref>{{cite web |url=http://www.kingfisher.com/index.asp?pageid=33 |title=Kingfisher PLC About Us |publisher=kingfisher.com |access-date=11 July 2014 |archive-url=https://web.archive.org/web/20140727053215/http://www.kingfisher.com/index.asp?pageid=33 |archive-date=27 July 2014 |url-status=dead }}</ref> and eight shops in Ireland.<ref name="ireland_exit_examinership"/> In March 2015, Kingfisher said it would close 60 B&Q shops in the United Kingdom and Ireland over the next two years, and a few loss-making shops elsewhere in Europe. It also said that B&Q UK and Ireland could adequately meet local customer needs, from fewer shops, and some shops should be smaller.<ref name = "B&Q2015">{{cite web|url=https://www.bbc.co.uk/news/business-32126970 |title=Kingfisher to close about 60 B&Q shops |work=BBC News |date=31 March 2015 |access-date=29 August 2015}}</ref> ===Financial performance=== B&Q account for around a third of their parent company's revenues, seeing like for like sales increase by 5.6% in August 2016.<ref name="kingfisher_sales_surge_2016">{{cite news |url=https://www.telegraph.co.uk/business/2016/08/18/bq-owner-kingfisher-beats-expectations-with-diy-sales-surge/ |title=B&Q owner Kingfisher beats expectations with DIY sales surge |work=The Telegraph |date=18 August 2016 |access-date=12 February 2017}}</ref> In the year ending 31 January 2007, sales were £3.9 billion despite overall sales falling by 1.7% compared to the previous year, whilst profit was £162.9 million, a fall from £208.5 million during the previous year.<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/business/6505545.stm |work=BBC News |title=B&Q firm upbeat but profit falls |date=29 March 2007 |access-date=26 April 2010}}</ref> Profit fell further in the year ending 31 January 2008, to £131 million.<ref name="kingfisher_annual_0708">{{cite web |url=https://www.kingfisher.com/files/reports/annual_report_2008/index.asp?pageid=47 |title=Revamp programme gathers pace - Annual Report and Accounts 2007/08 |publisher=Kingfisher |date=February 2008 |access-date=13 February 2017 |archive-url=https://web.archive.org/web/20170214004021/https://www.kingfisher.com/files/reports/annual_report_2008/index.asp?pageid=47 |archive-date=14 February 2017 |url-status=dead}}</ref> In March 2013, it was reported that the retail chain's Ireland operation was making losses, with their then nine shops making a combined loss of £7 million throughout 2012, yet its operations within the United Kingdom turned a profit despite an overall decrease in sales by 5.6%.<ref name="2013_sales_slump">{{cite news |url=https://www.theguardian.com/business/2013/mar/26/b-and-q-sales-slump-kingfisher-profits |title=B&Q sales slump hits Kingfisher |work=The Guardian |date=26 March 2013 |access-date=12 February 2017}}</ref>
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