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B&Q shakes with Morrisons again over store share

Published: 1 July 2013
B&Q has struck another deal with Morrisons that will see the DIY retailer shed more selling space.
B&Q shakes with Morrisons again over store share
B&Q's superstore in Bamber Bridge, near Preston, Lancashire, is to be divided into two, with the supermarket retailer taking the vacated area. B&Q described its rent on the outlet as "unsustainable".

The move comes just weeks after B&Q agreed to sign over 40% of its 100,000sq ft sales area at its Wigan branch to Morrisons. And in October last year it sublet half of its 120,000sq ft Belvedere store to Asda.

The space-splitting schemes are part of B&Q's focus on reducing its trading area while at the same time aiming to maintain turnover. It is understood that no jobs will be lost as a result of the Bamber Bridge move.

Comments

Published prior to March 2014
By Orange Bib
B&Q Filton, Bristol
Published prior to March 2014
By Tim evans
job losses as bq slim down their senior mgrs in all stores

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