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B&Q expanded into China during 1999, building up a chain of nearly 40 shops, but opted to sell a 70% controlling stake of operations in China to Wumart in 2015, due to poor sales. [50] B&Q's parent company had previously sold its 50% stake in B&Q Taiwan in 2007 in order to focus on what was then a rapidly growing business in China. [13]
This deal eventually made Focus Group the UK's second largest home improvement retailer, behind B&Q. [9] 36 Focus stores were rebranded to Focus DIY, growing Wickes from 131 stores in October 2000 to 172 in March 2004. [10] In December 2004, Focus Group sold Wickes to Travis Perkins. [11] The sale was completed in February 2005. [12]
B&Q Warehouse store, Grimsby. In the United Kingdom, hardware stores can be known as ironmongers, DIY stores and home improvement stores. British retail chains include B&Q, Homebase, and Wickes. Australian hardware chain Bunnings opened their first shop in St Albans in February 2017 and planned to convert several other Homebase shops into pilot ...
Following the split of Kingfisher, alongside low sales and poor financial results, Woolworths scrapped the Big W format in 2004, selling a quarter of the stores off while keeping the rest, operating them in a smaller format known as Woolworths Out-of-Town Stores. These stores remained in operation until the administration and closure of ...
All stores had an inhouse timber cutting service, and all but the smallest had in-store concessions for businesses such as Harris Carpets. During the 1980s, fierce competition saw the chain struggle. In 1988, it merged with the rival chain Payless DIY, which was owned by the Boots Group. As a result, WHSmith and Boots each owned 50% of the ...
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