Kingfisher is an international home improvement company with over 1,470 stores. It operates in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtaş. It offers home improvement products and services to consumers and trade professionals who shop in its stores and via e-commerce channels. As of FY2022, it operated 1,471 stores across all regions.
By the end of FY2022, Kingfisher operated with 1,474 stores adding a net of 88 stores during the fiscal. This includes 1,102 stores in UK & Ireland, 216 in France,90 in Poland,28 in Spain, three in Portugal, and 35 in Romania. It opened 90 new stores (including 69 stores in the UK, 12 in Ireland, seven in Poland, and two in France) and closed two stores in the UK.
The total sales increased by 9.7% on a constant currency basis, in FY2022, largely driven by a strong sales performance in the UK and France. On a reported basis, which includes the impact of exchange rates, total sales increased by 6.8%.
E-commerce sales in constant currency were up 5.3% during FY2022. The e-commerce sales maintained a high e-commerce sales penetration of 18%, excluding Screwfix, whose e-commerce sales penetration remained at 7%. The penetration is expected to grow over the coming years. In FY2022, it accelerated the use of its store assets for faster click & collect (C&C) and last-mile delivery, including launching one-hour delivery with Screwfix Sprint, and launching a new scalable e-commerce marketplace model (at B&Q initially) to enhance choice for customers.
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