Beijing Wumart To Acquire 70% Stake In B&Q China For CNY1.4 Billion
Kingfisher Group plans to sell the controlling stake in B&Q China to Wumart, a Chinese supermarket retail chain.
Kingfisher Group plans to sell the controlling stake in B&Q China to Wumart, a Chinese supermarket retail chain.
The home supplies retailer B&Q has closed one more store in Nanjing.
Home decoration retailer B&Q has opened a new generation flagship store in Shanghai, its first such flagship store in China since its introduction of a new retail model.
All fingers are pointing at China for bringing big financial losses to Kingfisher plc, one of Europe and Asia's largest home improvement retail groups.