B&Q owner Kingfisher suffers a slowdown in sales after a fall in demand for big-ticket items

B&Q owner Kingfisher suffered a fall in sales in the first quarter of the year, blaming a late start to spring and consumers holding back on big-ticket items. 

The group, which also owns Screwfix, said underlying like-for-like sales fell 0.7 per cent in the three months to 30 April, while total sales rose 1.4 per cent to £3.3billion. 

Screwfix posted a 4.1 per cent jump in sales, as the retailer also increased its market share, which helped to offset a decline in sales at B&Q. 

B&Q reported a 4.1 per cent drop in sales, with the retailer blaming poor weather and a ‘late start’ to

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