TITLE

MFI wins back sales from B&O

PUB. DATE
February 2005
SOURCE
Cabinet Maker;2/25/2005, Issue 5427, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that MFI Furniture Group PLC recovered market share in the kitchen sector over the winter sale period, as it clawed sales back from B&Q. The chain increased kitchen and bathroom sales slightly in the quarter to January 29, 2005, but had to cut prices to meet increased discounting from the market leader. Gerry Murphy, chief executive of parent Kingfisher said that MFI lost sales after B&O and Homebase out-advertised and out-discounted it. The environment in Great Britain is tough and has been getting tougher, said Murphy.
ACCESSION #
16319899

 

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