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Kingfisher has been investing heavily in digital across the group, improving fulfilment and mobile to drive online growth. It is also overhauling its systems in a bid to drive efficiency and make the business more agile. Smaller-format stores have been around since , with an offer tailored to urban markets.

Kingfisher chief executive Thierry Garnier said he was positive the DIY giant would thrive despite posting a dip in like-for-like sales. In the s Kingfisher continued to expand its broad mix of retail businesses. Other acquisitions in that decade saw Kingfisher buy Darty, the French electricals chain in , and Screwfix , the e-commerce and catalogue seller of screws and fixings, in Kingfisher's roots go back to with the acquisition of FW Woolworth by Paternoster.

It was the start of a decade of major expansion which created one of Europe's biggest and broadest retail conglomerates. The company bought the Comet electricals chain in and the Superdrug health and beauty stores in Kingfisher at a glance. Responsible Business report. Modern Slavery Statement. Kingfisher said the pandemic had accelerated growth in online sales. It is "right-sizing" a small number of its bigger stores and investigating using excess space solely to fulfil online orders.

It said there had been particular demand for plants and vegetable seeds, compost and pressure washers. Kingfisher's share price rose by 3. BA to continue work-from-home plan after Covid. Image source, Getty Images.