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...He reckons that more than 80 per cent of his goods are cheaper than the B&Q chain store. And if you only want a dozen screws, you don’t need to buy a whole box....
...The Covid-19 lockdowns that started in 2020 and continued intermittently through 2021, brought the experience economy to a halt and boosted retailers such as Currys and DIY chain B&Q, as people stuck at...
...B&Q owner Kingfisher — whose total returns lag behind the index by 43 per cent over two decades — is worth roughly the same now as it was as a sprawling retail conglomerate two decades ago....
...Every day, he’d eat the same meals, get a massage at the same time.”...
...Stoya, the independently-minded artist, was now working for a porn conglomerate. What she’d witnessed was the birth of the modern porn industry....
...But in the absence of masterpieces, the cellar is yielding up all sorts of booty — serving as an anarchic and thoroughly idiosyncratic alternative to B&Q. Need to improve the bathroom?...
...“Suddenly there’s a pipeline, and something flows through it, and it supplies industry, and it warms people’s houses.”...
...He doesn’t like the alternative, B&Q. Too many friends have been nicked there. “The security guards are going on like the fucking Viet Cong,” he says....
...Sniper Labs offers tools to allow “Pro” NFT buyers “snipe” NFTs on the Solana blockchain....
...FT commenter The Dubliner: Do you think will the interesting example of self-regulation by Facebook, the Oversight Board, (a) work and (b) be copied by other tech firms?...
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...If Madness is worth a fiver today, the old B & O might have a value in 2040....
...In September, Kingfisher — Homebase’s bigger and more international rival and owner of B&Q and Screwfix — reported a 23 per cent increase in first-half profitability....
...What if oil demand peaks at 100m b/d? ––––– FT commenter Bruna Mascotte: Hi!...
...“It’s given us confidence that we are not reliant on the B&Q or the Currys around the corner to generate footfall. We are a destination in our own right”....
...All manner of tat, including festoon lighting, fake rechargeable candles that flicker and wearable blankets are now à la mode. Outdoor furniture from Indian Ocean will do nicely; B&Q will not....
...Kingfisher, the group behind the UK’s B&Q and Screwfix and France’s Castorama, reported a 23 per cent increase in half-year adjusted pre-tax profits to £415m as the two nations spent the summer smartening...
...Follow the money (2): India-based insurtech Acko has raised $60m in a series D funding round that values the company at $500m, according to TechCrunch....
...US election Q&A with Demetri Sevastopulo We are starting a new weekly item, featuring the FT’s Washington bureau chief Demetri Sevastopulo and Marc Filippino, host of the FT News Briefing podcast....
...But equally B&Q hobbyists, Screwfix pros and Brico Dépôt bargain hunters don’t all want the same thingamajigs. Restoring some flexibility to each of the brands, as Mr Garnier is, should help margins....
...When DIY retailer B&Q reopened this week, some stores had queues half a mile long outside....
...Global demand was 18m b/d — or about 20 per cent — less than a year earlier, according to the IEA. Stockpiles bulged. WTI crashed below zero for the first time ever....
...It’s not really a huge surprise that Softbank then bought a load of unknown-duration call options that are pro tech -- it’s Softbank!...
...We value IAG at a P/B 2019 of 0.4x (as for AF-KLM / at a 20% discount to Lufthansa’s P/B multiple in the lows in 2009; IAG was formed in 2011)....
...Goldman’s also pro Kingfisher: Previous strategy saw market share losses, particularly from the larger format stores (B&Q, Castorama); Kingfisher has lost market share in France and the UK, primarily reflecting...
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