Online - May 2012

B&Q invests £69m in brands as sales fall


B&Q owner Kingfisher will be hoping that a £69m investment into own brand products and stores will help reverse a steep fall in sales and profit in the first three months of the year.

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M&S chief outlines digital-first strategy after profits plummet Marks & Spencer (M&S) is gearing up for a digital-first future, after its revealed on Wednesday (23 May) that profits had dropped a massive 62.1% to £66.8m compared to the previous year. A day earlier, the struggling retailer confirmed it will close more than 100 stores over […]