Kingfisher sees sales rebound as stores reopen

LONDON — Kingfisher PLC, which owns the B&Q banner, reported an uptick in sales a month into its phased reopening. Revenues rose by 2.7 percent in the first week of May after a 74 percent dive at the beginning of April as public health restrictions were put into place. All 288 B&Q stores have reopened as have France’s Castorama and Brico Depot locations. Kingfisher’s 683 Screwfix outlets are offering click-and-collect services.