Thursday, Mar 27, 2008
Slowdown in home decorating ?
Bloomberg: Kingfisher Says Annual Profit Slid 20%, Cuts Dividend
"Kingfisher Plc, the U.K.'s largest home-improvement retailer, said full-year profit dropped 20 percent and cut its dividend as a slumping housing market caused Britons to spend less money redecorating. B&Q, the largest U.K. home improvement chain, have fallen for three straight quarters as consumers rein in spending".
Posted by alan @ 08:32 AM (264 views) Add Comment
3 Comments
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1. Landedgentry said...
These people must be really stuffed:
http://www.londonkitchenextensions.co.uk/gallery.htm
2. uncle tom said...
I'm not surprised - the stores I've seen are a right mess..
3. jack c said...
The message obviously isnt getting accross these days that you can add £10k to the value of your house with a few coats of fresh B&Q magnolia and a silver toilet roll holder - more property programmes required - time Kirsty had a regular 5 minute property slot on News at Ten with Sir Trevor.