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Reply to: More gloom on the highstreet
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Previously on "More gloom on the highstreet"
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More gloom on the highstreet
http://news.bbc.co.uk/1/hi/business/4247762.stm
B&Q-owner Kingfisher has said it is to shut 22 of the DIY chain's stores as it faces up to what it describes as the "toughest" market conditions for years.
The firm said it would also be reducing the size of about 16 other B&Q stores.
The consumer slowdown has hit sales of DIY goods hard and earlier this month B&Q shed 400 office jobs as part of a cost-cutting drive.
So even the shelf stacking opportunities for the Java brigade are fading fast.Tags: None
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