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Sales figures rise at DIY store

A trend for budget makeovers has boosted sales figures for B&Q, according to DIY retail giant Kingfisher.

The retail group said that a growing demand for gardening products and the demise of rival firms such as MFI had helped B&Q’s sales increase by 1.5 per cent in the 10 weeks to July 11.

B&Q’s like-for-like figure is lower than the 3.2 per cent rise in the previous quarter, but Kingfisher said that the results were distorted by unusually warm spring weather, which caused a rush in sales on outdoor products.

Kingfisher is benefiting from the housing market slump, which is causing more homeowners to do up their homes and gardens as opposed to moving. Kitchens, bathrooms and bedrooms from B&Q all sold well during the quarter with a number of new ranges and the withdrawal of competitors contributing to their success.

Kingfisher chief executive Ian Cheshire said: “B&Q in the UK was again stronger than anticipated as it continued to capitalise on the growing trend for home and garden DIY, low cost room makeovers and competitor withdrawal in the bigger ticket categories