Threatened B&Q stores announced

A calculator, pen, and financial statement.
A calculator, pen, and financial statement.

Following the announcement that B&Q are to close 60 stores across Britain a few of those under threat have emerged.

According to the DIY giant the six stores so far confirmed as earmarked for closure are: Dundee, Southampton, Mansfield, Birmingham’s Stetchford Road, Hyde and Barnsely.

Chief executive Veronique Laury, who took over from Sir Ian Cheshire in December, said the closure plan was one of a number of “sharp” decisions being taken by the FTSE 100 company.

She added: “Home improvement is a great market with huge potential and Kingfisher has a strong position within it with further scope to grow in a sustainable way. “However, it is clear to me that we need to organise ourselves very differently to unlock our potential.”

The Arbroath Herald has asked B&Q for information regarding the future of the store at the Westway Retail Park but at this time no details have been forthcoming.