Kingfisher plans smaller store formats for city centres

06/21/2010 | Reuters

Kingfisher has been experimenting with smaller stores in various town centres around Russia and France and is now looking to expand the strategy to its UK retail chain B&Q, according to CEO Ian Cheshire. "There's 60 catchments where there isn't a B&Q within 20 minute drive time where you have got more than 40,000 people," he said, noting that most were in market towns or densely populated regions.

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