ESG Impact, Risk & opportunities public analysis
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Company ID
Services
0
Partners
0
Team
0
Socials
Public sources
181
Impacts, Risks & Opportunities
Positive impacts
5
Pollution -
Pollution Reduction through Sustainable Products
Brico can reduce its environmental impact and enhance its brand reputation by offering a wider range of sustainable products with lower embodied carbon and reduced packaging. This can attract environmentally conscious consumers, increase market share, and contribute to a circular economy. Promoting eco-friendly products also aligns with evolving consumer preferences and regulatory pressures.
Sources
Water and marine resources -
Water Resource Management in Operations
Implementing efficient water management systems in Brico's operations can reduce water consumption, minimize wastewater discharge, and lower operational costs. This can also enhance the company's reputation for environmental stewardship and contribute to water conservation efforts in the regions where it operates. This is particularly relevant given increasing water scarcity concerns.
Sources
Own workforce -
Employee Well-being and Productivity
Investing in employee well-being programs, including health and safety initiatives, training and development opportunities, and fair labor practices, can improve employee morale, reduce turnover, and enhance productivity. This can positively impact Brico's operational efficiency, customer service, and overall financial performance. A positive work environment also strengthens the company's reputation and attracts talent.
Sources
Workers in the value chain -
Fair Labor Practices in the Supply Chain
Ensuring fair labor practices throughout Brico's supply chain, including fair wages, safe working conditions, and freedom of association, can mitigate reputational risks, improve product quality, and enhance brand image. This involves implementing robust supplier codes of conduct and conducting regular audits to ensure compliance. Consumers are increasingly aware of ethical sourcing practices.
Sources
Affected communities -
Community Engagement and Social Impact
Engaging with local communities through social investment programs, supporting local initiatives, and fostering positive relationships can enhance Brico's reputation, build trust, and create a positive social impact. This can also improve stakeholder relations, facilitate business operations, and contribute to the company's long-term sustainability.
Sources
Negative impacts
1
Biodiversity and ecosystems -
Biodiversity Impact of Sourcing Practices
Brico's sourcing practices can have a significant impact on biodiversity, particularly in relation to deforestation and habitat loss. Implementing sustainable sourcing policies that prioritize certified materials and responsible land management can mitigate these risks and protect ecosystems. This can also enhance the company's reputation and attract environmentally conscious consumers.
Sources
Opportunities
1
Circular Economy -
Circular Economy Opportunities through Product Design
Designing products for durability, repairability, and recyclability can create opportunities for Brico to participate in the circular economy. This can reduce waste, lower material costs, and create new revenue streams through product take-back and refurbishment programs. It also aligns with increasing regulatory pressures and consumer demand for sustainable products.
Sources
Risks
3
Climate Change -
Climate Change Impact on Supply Chain Resilience
Climate change poses a significant risk to Brico's supply chain, potentially disrupting operations due to extreme weather events, resource scarcity, and increased transportation costs. This could lead to delays, shortages, and increased prices for raw materials and finished goods, impacting the company's profitability and ability to meet customer demand. Building a resilient supply chain through diversification and sustainable sourcing is crucial for mitigating this risk.
Sources
Consumers and end-users -
Customer Data Privacy and Security
Protecting customer data privacy and ensuring data security are crucial for maintaining customer trust and complying with data protection regulations. Implementing robust data security measures and transparent data privacy policies can mitigate reputational risks, avoid legal penalties, and enhance customer loyalty. Data breaches can have significant financial and reputational consequences.
Sources
Business conduct -
Ethical Business Conduct and Anti-Corruption
Implementing strong ethical guidelines, anti-corruption policies, and compliance programs can mitigate legal and reputational risks for Brico. This includes promoting transparency in business dealings, fostering a culture of integrity, and providing training to employees on ethical conduct. Ethical business practices enhance trust with stakeholders and contribute to long-term sustainability.
Sources
Climate Change
1
Financial
-
Risk
financial
-
Climate Change Impact on Supply Chain Resilience
Climate change poses a significant risk to Brico's supply chain, potentially disrupting operations due to extreme weather events, resource scarcity, and increased transportation costs. This could lead to delays, shortages, and increased prices for raw materials and finished goods, impacting the company's profitability and ability to meet customer demand. Building a resilient supply chain through diversification and sustainable sourcing is crucial for mitigating this risk.
Sources
Pollution
1
Material
-
Positive
material
-
Pollution Reduction through Sustainable Products
Brico can reduce its environmental impact and enhance its brand reputation by offering a wider range of sustainable products with lower embodied carbon and reduced packaging. This can attract environmentally conscious consumers, increase market share, and contribute to a circular economy. Promoting eco-friendly products also aligns with evolving consumer preferences and regulatory pressures.
Sources
Water and marine resources
1
Material
-
Positive
material
-
Water Resource Management in Operations
Implementing efficient water management systems in Brico's operations can reduce water consumption, minimize wastewater discharge, and lower operational costs. This can also enhance the company's reputation for environmental stewardship and contribute to water conservation efforts in the regions where it operates. This is particularly relevant given increasing water scarcity concerns.
Sources
Biodiversity and ecosystems
1
Material
-
Negative
material
-
Biodiversity Impact of Sourcing Practices
Brico's sourcing practices can have a significant impact on biodiversity, particularly in relation to deforestation and habitat loss. Implementing sustainable sourcing policies that prioritize certified materials and responsible land management can mitigate these risks and protect ecosystems. This can also enhance the company's reputation and attract environmentally conscious consumers.
Sources
Circular Economy
1
Financial
-
Opportunity
financial
-
Circular Economy Opportunities through Product Design
Designing products for durability, repairability, and recyclability can create opportunities for Brico to participate in the circular economy. This can reduce waste, lower material costs, and create new revenue streams through product take-back and refurbishment programs. It also aligns with increasing regulatory pressures and consumer demand for sustainable products.
Sources
Own workforce
1
Material
-
Positive
material
-
Employee Well-being and Productivity
Investing in employee well-being programs, including health and safety initiatives, training and development opportunities, and fair labor practices, can improve employee morale, reduce turnover, and enhance productivity. This can positively impact Brico's operational efficiency, customer service, and overall financial performance. A positive work environment also strengthens the company's reputation and attracts talent.
Sources
Workers in the value chain
1
Material
-
Positive
material
-
Fair Labor Practices in the Supply Chain
Ensuring fair labor practices throughout Brico's supply chain, including fair wages, safe working conditions, and freedom of association, can mitigate reputational risks, improve product quality, and enhance brand image. This involves implementing robust supplier codes of conduct and conducting regular audits to ensure compliance. Consumers are increasingly aware of ethical sourcing practices.
Sources
Affected communities
1
Material
-
Positive
material
-
Community Engagement and Social Impact
Engaging with local communities through social investment programs, supporting local initiatives, and fostering positive relationships can enhance Brico's reputation, build trust, and create a positive social impact. This can also improve stakeholder relations, facilitate business operations, and contribute to the company's long-term sustainability.
Sources
Consumers and end-users
1
Financial
-
Risk
financial
-
Customer Data Privacy and Security
Protecting customer data privacy and ensuring data security are crucial for maintaining customer trust and complying with data protection regulations. Implementing robust data security measures and transparent data privacy policies can mitigate reputational risks, avoid legal penalties, and enhance customer loyalty. Data breaches can have significant financial and reputational consequences.
Sources
Business conduct
1
Financial
-
Risk
financial
-
Ethical Business Conduct and Anti-Corruption
Implementing strong ethical guidelines, anti-corruption policies, and compliance programs can mitigate legal and reputational risks for Brico. This includes promoting transparency in business dealings, fostering a culture of integrity, and providing training to employees on ethical conduct. Ethical business practices enhance trust with stakeholders and contribute to long-term sustainability.
Sources
Raw data
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"document": "When mapping and measuring their own carbon footprints, organisations can also be selective in what they measure and report under Scope 3. Not so with Kingfisher. The company sought a clear-eyed perspective on emissions across its entire value chain so that it could make evidence-based decisions on mitigations.",
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"document": "**Laurence Turnbull, Sustainability Manager at Kingfisher, explained:** \u201cIn working to deliver our 2025/26 Scope 3 carbon target and build a program to enable future carbon reductions, we looked for a solution that would support our suppliers, a key part of our Scope 3 emissions, to help in understanding their carbon footprint and to create climate action plans.\u201d",
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"document": "Learning from and building on a foundation of environmental activities throughout its supply chain, Kingfisher needed a solution that would scale climate action across its whole supplier base. The company sought to enable consistency and understanding of data, management of climate actions, and visibility over impact reduction efforts.",
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"document": "Ricardo is now working with Kingfisher on the next phases of its decarbonisation journey, including building the internal processes to track progress towards the targets, and improving the quality and robustness of Scope 3 inventory data. ### Customer benefit",
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"document": "Collectively, these upstream sources of Scope 3 emissions accounted for almost half of the company\u2019s technology carbon footprint, and so the accurate measurements would provide clear targets for its carbon reduction strategies.",
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"document": "The TCS provides an approach that enables consistent analysis and benchmarking of organisations\u2019 technology carbon footprints. By mapping their technology estate into categories analogous to Greenhouse Gas (GHG) Protocol scopes, organisations can more easily identify the most carbon-intensive areas to prioritise for impact reduction.",
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"document": "In response, open-source methodologies have been established enabling robust estimates to be made; the TCS adopts and extends the most trusted of these methodologies. Transparency is a core value of the TCS, so the project relied exclusively on publicly available data. In our comprehensive assessment of Kingfisher\u2019s technology estate, we highlighted every assumption and supplied",
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"document": "Through this pioneering collaboration with Scott Logic, Kingfisher set a new standard for corporate responsibility in retail and demonstrated exceptional leadership in addressing the environmental impact of digital infrastructure. The comprehensive analysis of the company\u2019s technology estate provided a foundation on which Kingfisher could shape targeted, evidence-based carbon",
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"document": "reduction strategies. It also provided a baseline against which progress could be monitored and reported.",
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"document": "When mapping and measuring their own carbon footprints, organisations can also be selective in what they measure and report under Scope 3. Not so with Kingfisher. The company sought a clear-eyed perspective on emissions across its entire value chain so that it could make evidence-based decisions on mitigations.",
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"document": "* _Consistency of process_ * _Standardization of methodologies_ * _Identical supplier experience_ * _Uniform data management_ * _Convenient data access, centralized in one location_ * _One view of aggregated reduction plans_ ---|--- ## **Evolving methodology for measuring product data** ##### **Product carbon inventory**",
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"document": "Following on from this work, Ricardo have developed an enhanced Scope 3 emissions inventory using product-specific data to provide a more accurate picture. Lack of accurate data is always a challenge for Scope 3 inventories, but Ricardo\u2019s experts have facilitated moving away from using spend-based, average emission factors, to using:",
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"document": "Ricardo is now working with Kingfisher on the next phases of its decarbonisation journey, including building the internal processes to track progress towards the targets, and improving the quality and robustness of Scope 3 inventory data. ### Customer benefit",
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"document": "It is important not to get lost in a multitude of actions without objectives. The approach will be introduced gradually, with the aim of achieving tangible and measurable results with quantitative and qualitative indicators. It is important to find the right balance so that all stakeholders benefit, but also to be particularly uncompromising on ethical aspects, environmental criteria",
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"document": "It is important not to get lost in a multitude of actions without objectives. The approach will be introduced gradually, with the aim of achieving tangible and measurable results with quantitative and qualitative indicators. It is important to find the right balance so that all stakeholders benefit, but also to be particularly uncompromising on ethical aspects, environmental criteria",
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"document": "Fundamentals \u2013 the many issues and impacts we need to measure and manage to ensure we continue to operate responsibly across our business.",
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"document": "It is important not to get lost in a multitude of actions without objectives. The approach will be introduced gradually, with the aim of achieving tangible and measurable results with quantitative and qualitative indicators. It is important to find the right balance so that all stakeholders benefit, but also to be particularly uncompromising on ethical aspects, environmental criteria",
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"document": "It is important not to get lost in a multitude of actions without objectives. The approach will be introduced gradually, with the aim of achieving tangible and measurable results with quantitative and qualitative indicators. It is important to find the right balance so that all stakeholders benefit, but also to be particularly uncompromising on ethical aspects, environmental criteria",
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"document": "* **Monthly HSEQ Audits:** Digital audits linked to reporting dashboards provide an easy way to monitor trends and spot gaps. * **Dangerous Situations Flow:** Enables teams to report and resolve safety hazards before they become incidents. * **Battery Room Audits:** Regular checks ensure safe and compliant operation in battery storage areas.",
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"document": "* **Monthly HSEQ Audits:** Digital audits linked to reporting dashboards provide an easy way to monitor trends and spot gaps. * **Dangerous Situations Flow:** Enables teams to report and resolve safety hazards before they become incidents. * **Battery Room Audits:** Regular checks ensure safe and compliant operation in battery storage areas.",
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"document": "* **Monthly HSEQ Audits:** Digital audits linked to reporting dashboards provide an easy way to monitor trends and spot gaps. * **Dangerous Situations Flow:** Enables teams to report and resolve safety hazards before they become incidents. * **Battery Room Audits:** Regular checks ensure safe and compliant operation in battery storage areas.",
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{
"document": "This is part 5 of a 6-part series about integral thinking and true materiality. It proposes a new impetus to develop reporting that is able to serve the idea of a green & inclusive economy. Read Part 1, Part 2, Part 3, and Part 4. . [ View More ](https://sustainablebrands.com/read/integral- thinking-true-materiality-part-5-scalability-opportunities-define-the-size-of- impact) Article",
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{
"document": "[ ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact) Published on February 25, 2016 About a 12 minute read",
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{
"document": "Article [ New Metrics ](https://sustainablebrands.com/channels/new-metrics) ##### [ Integral Thinking & True Materiality, Part 5: Scalability Opportunities Define the Size of Impact ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact)",
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"description": "Brico's sourcing practices can have a significant impact on biodiversity, particularly in relation to deforestation and habitat loss. Implementing sustainable sourcing policies that prioritize certified materials and responsible land management can mitigate these risks and protect ecosystems. This can also enhance the company's reputation and attract environmentally conscious consumers.",
"material_scope": "current",
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"document": "**Laurence Turnbull, Sustainability Manager at Kingfisher, explained:** \u201cIn working to deliver our 2025/26 Scope 3 carbon target and build a program to enable future carbon reductions, we looked for a solution that would support our suppliers, a key part of our Scope 3 emissions, to help in understanding their carbon footprint and to create climate action plans.\u201d",
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"document": "Learning from and building on a foundation of environmental activities throughout its supply chain, Kingfisher needed a solution that would scale climate action across its whole supplier base. The company sought to enable consistency and understanding of data, management of climate actions, and visibility over impact reduction efforts.",
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"document": "This is part 5 of a 6-part series about integral thinking and true materiality. It proposes a new impetus to develop reporting that is able to serve the idea of a green & inclusive economy. Read Part 1, Part 2, Part 3, and Part 4. . [ View More ](https://sustainablebrands.com/read/integral- thinking-true-materiality-part-5-scalability-opportunities-define-the-size-of- impact) Article",
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"document": "This is part 5 of a 6-part series about integral thinking and true materiality. It proposes a new impetus to develop reporting that is able to serve the idea of a green & inclusive economy. Read Part 1, Part 2, Part 3, and Part 4. . [ View More ](https://sustainablebrands.com/read/integral- thinking-true-materiality-part-5-scalability-opportunities-define-the-size-of- impact) Article",
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"document": "[ ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact) Published on February 25, 2016 About a 12 minute read",
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"document": "[ ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact) Published on February 25, 2016 About a 12 minute read",
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{
"document": "Article [ New Metrics ](https://sustainablebrands.com/channels/new-metrics) ##### [ Integral Thinking & True Materiality, Part 5: Scalability Opportunities Define the Size of Impact ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact)",
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{
"document": "[ ](https://sustainablebrands.com/read/bsr-forum-for-the-future-partner-to- help-companies-quantify-execute-on-net-positive-goals) Published on June 7, 2016 About a 5 minute read . [ View More ](https://sustainablebrands.com/read/bsr-forum-for-the-future- partner-to-help-companies-quantify-execute-on-net-positive-goals) Article",
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{
"document": "[ ](https://sustainablebrands.com/read/sb7-copenhagen-day-2-circularity- impact-valuation-and-other-ways-to-put-a-positive-spin-on-business) Published on November 1, 2017 About a 8 minute read",
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},
{
"document": "Article [ Marketing & Communications ](https://sustainablebrands.com/channels/marketing-comms) [ Marketing & Communications ](https://sustainablebrands.com/channels/marketing-comms) ##### [ More Than 60% of FTSE 100 Companies Not Reporting Climate Risks ](https://sustainablebrands.com/read/more-than-60-of-ftse00-companies-not- reporting-climate-risks)",
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"document": "Following the engagement, as a recommended enhancement to this baseline, Kingfisher implemented the [ Cloud Carbon Footprint tool ](https://www.cloudcarbonfootprint.org/) within its infrastructure, improving the measurement of its cloud service emissions.",
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"document": "Fundamentals \u2013 the many issues and impacts we need to measure and manage to ensure we continue to operate responsibly across our business.",
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"document": "This is part 5 of a 6-part series about integral thinking and true materiality. It proposes a new impetus to develop reporting that is able to serve the idea of a green & inclusive economy. Read Part 1, Part 2, Part 3, and Part 4. . [ View More ](https://sustainablebrands.com/read/integral- thinking-true-materiality-part-5-scalability-opportunities-define-the-size-of- impact) Article",
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"document": "[ ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact) Published on February 25, 2016 About a 12 minute read",
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"document": "Article [ New Metrics ](https://sustainablebrands.com/channels/new-metrics) ##### [ Integral Thinking & True Materiality, Part 5: Scalability Opportunities Define the Size of Impact ](https://sustainablebrands.com/read/integral-thinking-true-materiality- part-5-scalability-opportunities-define-the-size-of-impact)",
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"document": "[ ](https://sustainablebrands.com/read/bsr-forum-for-the-future-partner-to- help-companies-quantify-execute-on-net-positive-goals) Published on June 7, 2016 About a 5 minute read . [ View More ](https://sustainablebrands.com/read/bsr-forum-for-the-future- partner-to-help-companies-quantify-execute-on-net-positive-goals) Article",
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"document": "[ ](https://sustainablebrands.com/read/sb7-copenhagen-day-2-circularity- impact-valuation-and-other-ways-to-put-a-positive-spin-on-business) Published on November 1, 2017 About a 8 minute read",
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"document": "Article [ Marketing & Communications ](https://sustainablebrands.com/channels/marketing-comms) [ Marketing & Communications ](https://sustainablebrands.com/channels/marketing-comms) ##### [ More Than 60% of FTSE 100 Companies Not Reporting Climate Risks ](https://sustainablebrands.com/read/more-than-60-of-ftse00-companies-not- reporting-climate-risks)",
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"page_content": "[ ](https://www.directorstalkinterviews.com/)\n\nFollow us on:\n\n[ X Logo ](https://twitter.com/directorstalk) [ Linkedin\n](https://www.linkedin.com/company/directorstalk-interviews/) [ Facebook\n](https://www.facebook.com/DirectorsTalkExclusive/)\n\n# Kingfisher Plc sells Brico D\u00e9p\u00f4t Romania to Altex Romania\n\n * [ Amilia Stone ](https://www.directorstalkinterviews.com/author/amilia-stone)\n * [ December 18, 2024 ](https://www.directorstalkinterviews.com/date/2024/12/18)\n * 7:28 am \n\n**[ Kingfisher plc ](https://www.directorstalkinterviews.com/ftse-\ncompany/kingfisher-plc/kgf.l) ** (LON:KGF), the international home improvement\ncompany, has announced, following a competitive process, the sale of its Brico\nD\u00e9p\u00f4t Romania business to Altex Romania for an enterprise value of \u20ac70m 1\n(equivalent to \u00a358m 2 ).\n\nThe sale comprises the entire Brico D\u00e9p\u00f4t Romania business, including its\nnetwork of 31 stores in 24 cities, distribution operations, and head office in\nBucharest.\n\nThe sale is expected to complete during the first half of FY 2025/26, subject\nto regulatory approval.\n\n**Thierry Garnier, Kingfisher CEO, said:**\n\n_\u201cWe are pleased to have found an experienced and successful local buyer for\nBrico D\u00e9p\u00f4t Romania. This decision enables us to have greater strategic focus\non markets and growth initiatives where we are most strongly positioned to\ndeliver attractive returns and create shareholder value._\n\n_\u201cI would like to thank all Brico_ _D\u00e9p\u00f4t Romania colleagues for their\ncommitment and customer focus over the years. Following strong interest, the\noutcome of the sale process is testament to the progress the team has made in\nstrengthening the foundations of the business.\u201d_\n\n**Dan Ostahie, Altex Romania CEO said:**\n\n_\u201cAltex Romania, the leader in the electro-IT market, is excited to announce\nthe acquisition of the Brico_ _D\u00e9p\u00f4t_ _store network. This marks a significant\nmilestone for all parties involved, and this first step opens up new horizons\nfor growth and opportunities in the DIY market in Romania. Our primary goal is\nto continue growing while delivering quality services with the customer at the\ncenter of our focus. Our growth strategy is built on an omnichannel model,\nensuring a seamless and enjoyable shopping experience for customers,\nregardless of the sales channel they choose._\n\n_\u201cI want to convey a message of confidence to all Brico_ _D\u00e9p\u00f4t_ _customers,\nemployees, and partners. We are committed to developing this business by\nbringing innovation and efficiency to every aspect of the operation. Every\nmember of our team will benefit from opportunities for professional\ndevelopment and a stimulating work environment that emphasizes collaboration\nand excellence. Altex Romania is confident in the future of Brico_ _D\u00e9p\u00f4t_\n_and is determined to continue serving the community with high-quality\nproducts and services.\u201d_\n\nIn FY 2023/24, Brico D\u00e9p\u00f4t Romania delivered sales of \u00a3269m, representing 2.1%\nof Group sales, and contributed a retail loss of \u00a3(18)m and a free cash\noutflow of \u00a3(17)m.\n\n[ You might also enjoy reading Kingfisher plc 18.3% potential upside\nindicated by Deutsche ](https://www.directorstalkinterviews.com/kingfisher-\nplc-18.3-potential-upside-indicated-by-deutsche/4121176202)\n\nKingfisher first entered the Romanian market in 2013, when it acquired\nBricostore Romania from French retail business Group Bresson. It expanded its\nstore network in the country through the acquisition of Praktiker Romania in\n2017.\n\nThis transaction has no impact on Kingfisher\u2019s Brico D\u00e9p\u00f4t banners in France,\nSpain and Portugal.\n\nShare on:\n\n[\n](https://www.addtoany.com/add_to/stocktwits?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"StockTwits\") [\n](https://www.addtoany.com/add_to/x?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"X\") [\n](https://www.addtoany.com/add_to/bluesky?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Bluesky\") [\n](https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Facebook\") [\n](https://www.addtoany.com/add_to/whatsapp?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"WhatsApp\") [\n](https://www.addtoany.com/add_to/telegram?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Telegram\") [\n](https://www.addtoany.com/add_to/reddit?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Reddit\") [\n](https://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"LinkedIn\") [\n](https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Email\") [\n](https://www.addtoany.com/add_to/google_translate?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Google Translate\")\n\n * Written by: Amilia Stone \n\n**Find more news, interviews, share price & company profile here for:\n\n**\n\n## [ Latest Company News\n](https://www.directorstalkinterviews.com/news/ftse-100)\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-grows-market-share-\nin-all-key-regions/4121189104)\n\n## [ Kingfisher Plc grows market share in all key regions\n](https://www.directorstalkinterviews.com/kingfisher-plc-grows-market-share-\nin-all-key-regions/4121189104)\n\nKingfisher Plc's final results for the year ending January 31, 2025, reveal\nstrategic growth and market share gains across key regions. Read on for\ninsights.\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-ian-\nmcleod-as-a-non-executive-director/4121182722)\n\n## [ Kingfisher Plc appoints Ian McLeod as a Non-Executive Director\n](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-ian-mcleod-\nas-a-non-executive-director/4121182722)\n\nKingfisher plc announces the appointment of Ian McLeod as Non-Executive\nDirector, while Catherine Bradley steps down after four years of dedicated\nservice.\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-lucinda-\nriches-as-a-non-executive-director/4121180964)\n\n## [ Kingfisher Plc appoints Lucinda Riches as a Non-Executive Director\n](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-lucinda-\nriches-as-a-non-executive-director/4121180964)\n\nKingfisher plc welcomes Lucinda Riches as a new Non-Executive Director,\njoining the Board and committees in 2025, succeeding Rakhi Goss-Custard.\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-18.3-potential-\nupside-indicated-by-deutsche/4121176202)\n\n## [ Kingfisher plc 18.3% potential upside indicated by Deutsche\n](https://www.directorstalkinterviews.com/kingfisher-plc-18.3-potential-\nupside-indicated-by-deutsche/4121176202)\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-11.6-potential-\nupside-indicated-by-deutsche/4121174703)\n\n## [ Kingfisher plc 11.6% potential upside indicated by Deutsche\n](https://www.directorstalkinterviews.com/kingfisher-plc-11.6-potential-\nupside-indicated-by-deutsche/4121174703)\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-h1-results-in-line-\nwith-expectations-market-share-gains-in-uk-and-poland/4121171404)\n\n## [ Kingfisher Plc H1 results in line with expectations, market share gains\nin UK and Poland ](https://www.directorstalkinterviews.com/kingfisher-\nplc-h1-results-in-line-with-expectations-market-share-gains-in-uk-and-\npoland/4121171404)\n\n**\n\n**\n\n## [ Latest interviews ](https://www.directorstalkinterviews.com/exclusives)\n\n[ ](https://www.directorstalkinterviews.com/gattaca-plc-confident-growth-amid-\nmarket-volatility-as-dividends-return-video/4121190041)\n\n## [ Gattaca Plc Confident Growth Amid Market Volatility as Dividends Return\n(Video) ](https://www.directorstalkinterviews.com/gattaca-plc-confident-\ngrowth-amid-market-volatility-as-dividends-return-video/4121190041)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/switch-metals-acquisition-of-\nswitch-metals-cote-d-ivoire-and-start-of-trading-on-aim/4121190006)\n\n## [ Switch Metals Acquisition of Switch Metals C\u00f4te d\u2019Ivoire and Start of\nTrading on AIM ](https://www.directorstalkinterviews.com/switch-metals-\nacquisition-of-switch-metals-cote-d-ivoire-and-start-of-trading-on-\naim/4121190006)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/thor-energy-natural-hydrogen-\ngiant-emerges-as-hy-range-resource-surprises-market-video/4121189747)\n\n## [ Thor Energy: Natural Hydrogen Giant Emerges as HY-Range Resource\nSurprises Market (Video) ](https://www.directorstalkinterviews.com/thor-\nenergy-natural-hydrogen-giant-emerges-as-hy-range-resource-surprises-market-\nvideo/4121189747)\n\n1 April 2025\n\n[ ](https://www.directorstalkinterviews.com/firering-strategic-\nminerals-2m-raised-to-fast-track-zambia-limeco-project/4121189451)\n\n## [ Firering Strategic Minerals \u00a32m Raised to Fast-Track Zambia Limeco\nProject ](https://www.directorstalkinterviews.com/firering-strategic-\nminerals-2m-raised-to-fast-track-zambia-limeco-project/4121189451)\n\n27 March 2025\n\n[ ](https://www.directorstalkinterviews.com/one-health-group-plc-aim-listing-\npowers-expansion-with-7-8m-surgical-hub-strategy-video/4121189008)\n\n## [ One Health Group Plc AIM Listing Powers Expansion with \u00a37.8M Surgical\nHub Strategy (Video) ](https://www.directorstalkinterviews.com/one-health-\ngroup-plc-aim-listing-powers-expansion-with-7-8m-surgical-hub-strategy-\nvideo/4121189008)\n\n24 March 2025\n\n[ ](https://www.directorstalkinterviews.com/boku-inc-surging-\ngrowth-2025-outlook-and-the-future-of-local-payment-methods-video/4121188823)\n\n## [ Boku Inc. Surging Growth, 2025 Outlook, and the Future of Local Payment\nMethods (Video) ](https://www.directorstalkinterviews.com/boku-inc-surging-\ngrowth-2025-outlook-and-the-future-of-local-payment-methods-video/4121188823)\n\n19 March 2025\n\n[ View all interviews ](https://www.directorstalkinterviews.com/exclusives)\n\n## [ Company Presentations\n](https://www.directorstalkinterviews.com/reports/investor-presentations)\n\n[ ](https://www.directorstalkinterviews.com/time-finance-profits-surge-book-\ngrows-86-as-new-strategy-targets-300m-lending/4121189644)\n\n## [ Time Finance Profits Surge, Book Grows 86% as New Strategy Targets \u00a3300m\nLending ](https://www.directorstalkinterviews.com/time-finance-profits-surge-\nbook-grows-86-as-new-strategy-targets-300m-lending/4121189644)\n\n31 March 2025\n\n[ ](https://www.directorstalkinterviews.com/challenger-energy-plc-\ntransforming-exploration-potential-into-a-frontier-opportunity/4121182843)\n\n## [ Challenger Energy plc Transforming Exploration Potential into a Frontier\nOpportunity ](https://www.directorstalkinterviews.com/challenger-energy-plc-\ntransforming-exploration-potential-into-a-frontier-opportunity/4121182843)\n\n8 January 2025\n\n[ ](https://www.directorstalkinterviews.com/cerillion-plc-annual-\nresults-2024-record-highs-louis-hall-ceo/4121180667)\n\n## [ Cerillion PLC Annual Results 2024 \u2018Record Highs\u2019, Louis Hall CEO\n](https://www.directorstalkinterviews.com/cerillion-plc-annual-\nresults-2024-record-highs-louis-hall-ceo/4121180667)\n\n9 December 2024\n\n[ ](https://www.directorstalkinterviews.com/norcros-plc-ceo-and-cfo-present-\ninterim-results-to-30-september-2024-lonnxr/4121180195)\n\n## [ Norcros Plc CEO and CFO Present Interim Results to 30 September 2024\n(LON:NXR) ](https://www.directorstalkinterviews.com/norcros-plc-ceo-and-cfo-\npresent-interim-results-to-30-september-2024-lonnxr/4121180195)\n\n5 December 2024\n\n[ ](https://www.directorstalkinterviews.com/ilika-plc-a-new-era-in-solid-\nstate-battery-innovation-2024-investor-presentation/4121175479)\n\n## [ Ilika plc: A New Era in Solid-State Battery Innovation \u2013 2024 Investor\nPresentation ](https://www.directorstalkinterviews.com/ilika-plc-a-new-era-in-\nsolid-state-battery-innovation-2024-investor-presentation/4121175479)\n\n28 October 2024\n\n[ ](https://www.directorstalkinterviews.com/time-finance-plc-strong-growth-\nand-strategic-progress-a-message-from-ceo-ed-rimmer/4121175354)\n\n## [ Time Finance PLC Strong Growth and Strategic Progress: A Message from\nCEO Ed Rimmer ](https://www.directorstalkinterviews.com/time-finance-plc-\nstrong-growth-and-strategic-progress-a-message-from-ceo-ed-rimmer/4121175354)\n\n24 October 2024\n\n[ View all Company Presentations\n](https://www.directorstalkinterviews.com/reports/investor-presentations)\n\n## [ Brokers Talk ](https://www.directorstalkinterviews.com/broker-thoughts-\non)\n\n[ ](https://www.directorstalkinterviews.com/quadrise-signs-key-agreement-as-\nmsc-trial-nears-shore-capital/4121190108)\n\n## [ Quadrise Signs Key Agreement as MSC Trial Nears \u2013 Shore Capital\n](https://www.directorstalkinterviews.com/quadrise-signs-key-agreement-as-msc-\ntrial-nears-shore-capital/4121190108)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-\nand-tomorrow-but-not-today/4121189990)\n\n## [ Apax Global Alpha: Jam yesterday, and tomorrow, but not today\n](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-and-\ntomorrow-but-not-today/4121189990)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/pharos-energy-eyes-future-growth-\nand-5-6-dividend-yield-shore-capital/4121189530)\n\n## [ Pharos Energy Eyes Future Growth and 5.6% Dividend Yield \u2013 Shore Capital\n](https://www.directorstalkinterviews.com/pharos-energy-eyes-future-growth-\nand-5-6-dividend-yield-shore-capital/4121189530)\n\n27 March 2025\n\n[ ](https://www.directorstalkinterviews.com/arbuthnot-banking-group-delivers-\nsolid-results-with-resilient-growth-shore-capital/4121189462)\n\n## [ Arbuthnot Banking Group Delivers Solid Results with Resilient Growth \u2013\nShore Capital ](https://www.directorstalkinterviews.com/arbuthnot-banking-\ngroup-delivers-solid-results-with-resilient-growth-shore-capital/4121189462)\n\n27 March 2025\n\n[ ](https://www.directorstalkinterviews.com/quadrise-charts-a-confident-\ncourse-towards-clean-marine-fuel-shore-capital/4121189413)\n\n## [ Quadrise Charts a Confident Course Towards Clean Marine Fuel \u2013 Shore\nCapital ](https://www.directorstalkinterviews.com/quadrise-charts-a-confident-\ncourse-towards-clean-marine-fuel-shore-capital/4121189413)\n\n27 March 2025\n\n[ ](https://www.directorstalkinterviews.com/valeura-energy-s-strong-position-\nreinforced-as-auctus-reiterates-c13-target-auctus-advisors-llp/4121189247)\n\n## [ Valeura Energy\u2019s Strong Position Reinforced as Auctus Reiterates C$13\nTarget \u2013 Auctus Advisors LLP\n](https://www.directorstalkinterviews.com/valeura-energy-s-strong-position-\nreinforced-as-auctus-reiterates-c13-target-auctus-advisors-llp/4121189247)\n\n25 March 2025\n\n[ View all Broker Talk ](https://www.directorstalkinterviews.com/broker-\nthoughts-on)\n\n## [ FTSE 100 News ](https://www.directorstalkinterviews.com/news/ftse-100)\n\n[ ](https://www.directorstalkinterviews.com/j-sainsbury-plc-appoints-two-new-\nnon-executive-directors/4121190026)\n\n## [ J Sainsbury Plc appoints two new Non-Executive Directors\n](https://www.directorstalkinterviews.com/j-sainsbury-plc-appoints-two-new-\nnon-executive-directors/4121190026)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/vodafone-group-plc-appoints-anne-\nfrancoise-nesmes-as-a-non-executive-director/4121189887)\n\n## [ Vodafone Group Plc appoints Anne-Fran\u00e7oise Nesmes as a Non-Executive\nDirector ](https://www.directorstalkinterviews.com/vodafone-group-plc-\nappoints-anne-francoise-nesmes-as-a-non-executive-director/4121189887)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/experian-plc-completes-\nacquisition-of-clearsale-in-brazil/4121189882)\n\n## [ Experian Plc completes acquisition of ClearSale in Brazil\n](https://www.directorstalkinterviews.com/experian-plc-completes-acquisition-\nof-clearsale-in-brazil/4121189882)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/intertek-group-plc-non-executive-\ndirector-lynda-clarizio-steps-down-from-board/4121189778)\n\n## [ Intertek Group Plc Non-Executive Director Lynda Clarizio steps down from\nBoard ](https://www.directorstalkinterviews.com/intertek-group-plc-non-\nexecutive-director-lynda-clarizio-steps-down-from-board/4121189778)\n\n1 April 2025\n\n[ ](https://www.directorstalkinterviews.com/mondi-plc-expands-sustainable-\npackaging-footprint-with-schumacher-acquisition/4121189772)\n\n## [ Mondi Plc expands sustainable packaging footprint with Schumacher\nacquisition ](https://www.directorstalkinterviews.com/mondi-plc-expands-\nsustainable-packaging-footprint-with-schumacher-acquisition/4121189772)\n\n1 April 2025\n\n[ ](https://www.directorstalkinterviews.com/astrazenecas-imfinzi-granted-fda-\napproval-in-the-us-for-bladder-cancer/4121189621)\n\n## [ AstraZeneca\u2019s Imfinzi granted FDA approval in the US for bladder cancer\n](https://www.directorstalkinterviews.com/astrazenecas-imfinzi-granted-fda-\napproval-in-the-us-for-bladder-cancer/4121189621)\n\n31 March 2025\n\n## Search\n\n## [ Green News ](https://www.directorstalkinterviews.com/news/sustainable-\nplcs)\n\n[ ](https://www.directorstalkinterviews.com/jubilee-metals-secures-exclusive-\nrights-to-the-large-waste-project-in-zambia/4121190005)\n\n## [ Jubilee Metals secures exclusive rights to the Large Waste Project in\nZambia ](https://www.directorstalkinterviews.com/jubilee-metals-secures-\nexclusive-rights-to-the-large-waste-project-in-zambia/4121190005)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/diversified-energy-company-\ndelivering-reliable-affordable-and-sustainable-energy/4121189999)\n\n## [ Diversified Energy Company delivering reliable, affordable, and\nsustainable energy ](https://www.directorstalkinterviews.com/diversified-\nenergy-company-delivering-reliable-affordable-and-sustainable-\nenergy/4121189999)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/quadrise-partners-with-mac2-for-\nmarine-fuel-trials/4121189760)\n\n## [ Quadrise partners with MAC2 for marine fuel trials\n](https://www.directorstalkinterviews.com/quadrise-partners-with-mac2-for-\nmarine-fuel-trials/4121189760)\n\n1 April 2025\n\n[ ](https://www.directorstalkinterviews.com/jubilee-metals-group-revenue-\nup-51-0-to-us141-5-million/4121189607)\n\n## [ Jubilee Metals Group revenue up 51.0% to US$141.5 million\n](https://www.directorstalkinterviews.com/jubilee-metals-group-revenue-\nup-51-0-to-us141-5-million/4121189607)\n\n31 March 2025\n\n[ ](https://www.directorstalkinterviews.com/thor-energy-prospective-resource-\nresults-vastly-exceed-expectations/4121189603)\n\n## [ Thor Energy prospective resource results vastly exceed expectations\n](https://www.directorstalkinterviews.com/thor-energy-prospective-resource-\nresults-vastly-exceed-expectations/4121189603)\n\n31 March 2025\n\n[ View all Sustainable sectors, Plcs and news\n](https://www.directorstalkinterviews.com/sustainability) [ \u00bb\n](https://www.directorstalkinterviews.com/page/2)\n\n## [ Q&A's ](https://www.directorstalkinterviews.com/qa)\n\n[ ](https://www.directorstalkinterviews.com/firering-strategic-minerals-on-\nfundraising-and-limeco-outlook-lonfrg/4121189929)\n\n## [ Firering Strategic Minerals on Fundraising and Limeco Outlook (LON:FRG)\n](https://www.directorstalkinterviews.com/firering-strategic-minerals-on-\nfundraising-and-limeco-outlook-lonfrg/4121189929)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/one-health-group-ceo-on-aim-\nlisting-7-8m-raise-and-nhs-support-plans-lonohgr/4121189923)\n\n## [ One Health Group CEO on AIM listing, \u00a37.8m raise and NHS support plans\n(LON:OHGR) ](https://www.directorstalkinterviews.com/one-health-group-ceo-on-\naim-listing-7-8m-raise-and-nhs-support-plans-lonohgr/4121189923)\n\n26 March 2025\n\n[ ](https://www.directorstalkinterviews.com/tekmar-group-plc-bold-strategy-ma-\nand-strong-pipeline-drive-growth-ceo-qa/4121188602)\n\n## [ Tekmar Group Plc: Bold Strategy, M&A, and Strong Pipeline Drive Growth\n(CEO Q&A) ](https://www.directorstalkinterviews.com/tekmar-group-plc-bold-\nstrategy-ma-and-strong-pipeline-drive-growth-ceo-qa/4121188602)\n\n14 March 2025\n\n[ ](https://www.directorstalkinterviews.com/volta-finance-\nstrong-2024-positive-2025-outlook-lonvta/4121188320)\n\n## [ Volta Finance: Strong 2024, Positive 2025 outlook (LON:VTA)\n](https://www.directorstalkinterviews.com/volta-finance-\nstrong-2024-positive-2025-outlook-lonvta/4121188320)\n\n6 March 2025\n\n[ ](https://www.directorstalkinterviews.com/itim-group-cfo-ian-hayes-on-\nebitda-growth-new-contracts-and-2025-outlook/4121188317)\n\n## [ itim Group CFO Ian Hayes on EBITDA growth, new contracts and 2025\noutlook ](https://www.directorstalkinterviews.com/itim-group-cfo-ian-hayes-on-\nebitda-growth-new-contracts-and-2025-outlook/4121188317)\n\n6 March 2025\n\n[ View all Question and Answers ](https://www.directorstalkinterviews.com/qa)\n\n## [ Funds ](https://www.directorstalkinterviews.com/news/funds)\n\n[ ](https://www.directorstalkinterviews.com/volta-finance-reports-strong-\nperformance-with-9-8-dividend-yield/4121189918)\n\n## [ Volta Finance reports strong performance with 9.8% dividend yield\n](https://www.directorstalkinterviews.com/volta-finance-reports-strong-\nperformance-with-9-8-dividend-yield/4121189918)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/blackrock-american-income-trust-\ndeclares-first-quarterly-interim-dividend/4121189879)\n\n## [ BlackRock American Income Trust declares first quarterly interim\ndividend ](https://www.directorstalkinterviews.com/blackrock-american-income-\ntrust-declares-first-quarterly-interim-dividend/4121189879)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/blackrock-latin-american-\ninvestment-trust-declares-first-quarterly-interim-dividend-2/4121189863)\n\n## [ BlackRock Latin American Investment Trust declares first quarterly\ninterim dividend ](https://www.directorstalkinterviews.com/blackrock-latin-\namerican-investment-trust-declares-first-quarterly-interim-\ndividend-2/4121189863)\n\n1 April 2025\n\n[ ](https://www.directorstalkinterviews.com/jedt-european-investment-trust-\ntargeting-small-cap-growth/4121189858)\n\n## [ JEDT: European Investment Trust targeting Small-Cap Growth \u2013 Latest\nResearch ](https://www.directorstalkinterviews.com/jedt-european-investment-\ntrust-targeting-small-cap-growth/4121189858)\n\n1 April 2025\n\n[ ](https://www.directorstalkinterviews.com/european-equity-outlook-february-\ngains-and-2025-positioning/4121189593)\n\n## [ European equity outlook: February gains and 2025 positioning\n](https://www.directorstalkinterviews.com/european-equity-outlook-february-\ngains-and-2025-positioning/4121189593)\n\n28 March 2025\n\n[ View all Funds, Market Insights and news\n](https://www.directorstalkinterviews.com/news/funds) [ \u00bb\n](https://www.directorstalkinterviews.com/page/2)\n\n## [ UK Broker Ratings ](https://www.directorstalkinterviews.com/reports/uk-\nratings/ratings)\n\n[ ](https://www.directorstalkinterviews.com/land-securities-group-\nplc-5-5-potential-downside-indicated-by-jefferies/4121186054)\n\n## [ Land Securities Group plc -5.5% potential downside indicated by\nJefferies ](https://www.directorstalkinterviews.com/land-securities-group-\nplc-5-5-potential-downside-indicated-by-jefferies/4121186054)\n\n10 February 2025\n\n[ ](https://www.directorstalkinterviews.com/burberry-group-plc-7-5-potential-\nupside-indicated-by-rbc-capital-markets/4121186030)\n\n## [ Burberry Group plc 7.5% potential upside indicated by RBC Capital\nMarkets ](https://www.directorstalkinterviews.com/burberry-group-\nplc-7-5-potential-upside-indicated-by-rbc-capital-markets/4121186030)\n\n10 February 2025\n\n[ ](https://www.directorstalkinterviews.com/rentokil-initial-\nplc-9-0-potential-upside-indicated-by-jp-morgan-cazenove/4121186065)\n\n## [ Rentokil Initial plc 9.0% potential upside indicated by JP Morgan\nCazenove ](https://www.directorstalkinterviews.com/rentokil-initial-\nplc-9-0-potential-upside-indicated-by-jp-morgan-cazenove/4121186065)\n\n10 February 2025\n\n[ ](https://www.directorstalkinterviews.com/duke-capital-ltd-53-6-potential-\nupside-indicated-by-canaccord-genuity/4121186041)\n\n## [ Duke Capital Ltd 53.6% potential upside indicated by Canaccord Genuity\n](https://www.directorstalkinterviews.com/duke-capital-ltd-53-6-potential-\nupside-indicated-by-canaccord-genuity/4121186041)\n\n10 February 2025\n\n[ ](https://www.directorstalkinterviews.com/dunelm-group-plc-35-2-potential-\nupside-indicated-by-canaccord-genuity/4121186042)\n\n## [ Dunelm Group plc 35.2% potential upside indicated by Canaccord Genuity\n](https://www.directorstalkinterviews.com/dunelm-group-plc-35-2-potential-\nupside-indicated-by-canaccord-genuity/4121186042)\n\n10 February 2025\n\n## [ Hardman & Co ](https://www.directorstalkinterviews.com/broker/hardman-\nco)\n\n[ ](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-\nand-tomorrow-but-not-today/4121189990)\n\n## [ Apax Global Alpha: Jam yesterday, and tomorrow, but not today\n](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-and-\ntomorrow-but-not-today/4121189990)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/ht-group-2024-results-reasons-to-\nbe-cheerful-1-2-3-4-and-5/4121188855)\n\n## [ H&T Group 2024 results: Reasons to be cheerful 1, 2, 3, 4 and 5\n](https://www.directorstalkinterviews.com/ht-group-2024-results-reasons-to-be-\ncheerful-1-2-3-4-and-5/4121188855)\n\n20 March 2025\n\n[ ](https://www.directorstalkinterviews.com/nb-private-equity-partners-nav-\ncapital-trump-and-interest-rates/4121188792)\n\n## [ NB Private Equity Partners: NAV, capital, Trump and interest rates\n](https://www.directorstalkinterviews.com/nb-private-equity-partners-nav-\ncapital-trump-and-interest-rates/4121188792)\n\n18 March 2025\n\n[ ](https://www.directorstalkinterviews.com/accesso-technology-group-we-\nexpect-revenue-growth-to-accelerate-2/4121187719)\n\n## [ accesso Technology Group: We expect revenue growth to accelerate\n](https://www.directorstalkinterviews.com/accesso-technology-group-we-expect-\nrevenue-growth-to-accelerate-2/4121187719)\n\n28 February 2025\n\n## [ Don't Miss Our News Alerts\n](https://www.directorstalkinterviews.com/alerts)\n\n[ Subscribe Free ](https://www.directorstalkinterviews.com/alerts)\n\n**Find us on:**\n\n[ X Logo ](https://twitter.com/directorstalk) [ Linkedin\n](https://www.linkedin.com/company/directorstalk-interviews/) [ Facebook\n](https://www.facebook.com/DirectorsTalkExclusive/)\n\n## Useful links\n\n## Disclaimer\n\nYou understand and agree that no content published on the Site constitutes a\nrecommendation that any particular security, portfolio of securities,\ntransaction, or investment strategy is suitable or advisable for any specific\nperson. 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"url": "https://www.directorstalkinterviews.com/kingfisher-plc-sells-brico-depot-romania-to-altex-romania/4121181566"
},
"reason": "This article discusses Kingfisher's sale of Brico Depot Romania. While the source isn't a top-tier news outlet, it appears to be a business news site providing factual information on the transaction.",
"reliability_score": 0.7,
"search_query": "company 'Brico' overview financial performance",
"summary": "Reports on Kingfisher selling Brico Depot Romania to Altex Romania.",
"url": "https://www.directorstalkinterviews.com/kingfisher-plc-sells-brico-depot-romania-to-altex-romania/4121181566"
},
{
"content": {
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"source": "https://www.forbes.com/companies/brico/?list=fintech50"
},
"page_content": "[ Fintech 50 ](/fintech50/)\n\n[ Prev ](/companies/bilt-rewards/?list=fintech50) / [ Next\n](/companies/candex/?list=fintech50)\n\nPROFILE\n\n# Brico\n\nSan Francisco, California\n\nFrom the Editor\n\nBrico\u2019s platform helps fintechs and other nonbank financial players, including\nlenders, money transmitters and debt collectors, automate the cumbersome\nstate-by-state licensing process and keep up with renewals, reporting\nrequirements and regulatory changes. The startup frames its goals in ambitious\nterms: It wants to be the TurboTax of state-by-state licensing. While it was\nonly founded in 2023, the company already has 30 customers.\n\nFunding: $8 million from Restive Ventures, Cambrian Ventures, Pear VC and\nFlourish Ventures, among others.\n\nLatest valuation: $30 million.\n\nDate of last valuation:... Read More\n\nBrico\u2019s platform helps fintechs and other nonbank financial players, including\nlenders, money transmitters and debt collectors, automate the cumbersome\nstate-by-state licensing process and keep up with renewals, reporting\nrequirements and regulatory changes. The startup frames its goals in ambitious\nterms: It wants to be the TurboTax of state-by-state licensing. While it was\nonly founded in 2023, the company already has 30 customers.\n\nFunding: $8 million from Restive Ventures, Cambrian Ventures, Pear VC and\nFlourish Ventures, among others.\n\nLatest valuation: $30 million.\n\nDate of last valuation: July 2024.\n\nBona fides: In less than two years, Brico has landed customers such as Funding\nCircle, Empower, Bilt and Marqeta.\n\nCofounders: CEO Snigdha Kumar, 33, former head of product operations at Digit\n(now Oportun) and CTO Edward Swiac, 35, a software engineer with experience at\nMarqeta, Twitter and Expedia. Read Less\n\nBrico Company Stats\n\nAs of February 2025\n\nHeadquarters\n\n San Francisco, California \n\nCountry/Territory\n\n United States \n\n### Forbes Lists\n\n[ Fintech 50 (2025) ](https://www.forbes.com/fintech50/)\n\nRelated People & Companies\n\n[ ](/teams/golden-state-warriors/)\n\n[ Golden State Warriors ](/teams/golden-state-warriors/)\n\nLocated in San Francisco-Oakland-Fremont, CA Metropolitan Area\n\n[ View Profile ](/teams/golden-state-warriors/)\n\n[ ](/teams/san-francisco-giants/)\n\n[ San Francisco Giants ](/teams/san-francisco-giants/)\n\nLocated in San Francisco-Oakland-Fremont, CA Metropolitan Area\n\n[ View Profile ](/teams/san-francisco-giants/)\n\n[ ](/teams/las-vegas-raiders/)\n\n[ Las Vegas Raiders ](/teams/las-vegas-raiders/)\n\nLocated in San Francisco-Oakland-Fremont, CA Metropolitan Area\n\n[ View Profile ](/teams/las-vegas-raiders/)\n\n### More on Forbes\n\n8 minutes ago\n\n### [ Is Inter\u2019s Nicol\u00f2 Barella One Of The Best Midfielders In The World?\n](https://www.forbes.com/sites/adamdigby/2025/04/09/is-inters-nicol-barella-\none-of-the-best-midfielders-in-the-world/)\n\nTaking on Bayern Munich is undoubtedly a tough challenge, but Inter managed a\nwin thanks to their star man in midfield\n\nBy [ Adam Digby ](https://www.forbes.com/sites/adamdigby/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f65b0c983973952c192013%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F&caption=www.forbes.com&description=Taking%20on%20Bayern%20Munich%20is%20undoubtedly%20a%20tough%20challenge%2C%20but%20Inter%20managed%20a%20win%20thanks%20to%20their%20star%20man%20in%20midfield)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F&via=forbes&text=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F&title=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F&summary=Taking%20on%20Bayern%20Munich%20is%20undoubtedly%20a%20tough%20challenge%2C%20but%20Inter%20managed%20a%20win%20thanks%20to%20their%20star%20man%20in%20midfield)\n[\n](mailto:?subject=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F%0A%0AIs%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F%0A)\n\n[ ](https://www.forbes.com/sites/adamdigby/2025/04/09/is-inters-nicol-barella-\none-of-the-best-midfielders-in-the-world/)\n\n20 minutes ago\n\n### [ Four Indian Films Make It To Netflix Top 10 Worldwide\n](https://www.forbes.com/sites/swetakaushal/2025/04/09/four-indian-films-make-\nit-to-netflix-top-10-worldwide/)\n\nFour Indian films rank among global top 10 on Netflix and it is the third week\non the list for two of those - Tamil film 'Dragon' and Malayalam film 'Officer\nOn Duty'.\n\nBy [ Sweta Kaushal ](https://www.forbes.com/sites/swetakaushal/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f60b0f7bf9a625f6374c17%2F0x0.jpg%3Fformat%3Djpg%26crop%3D1919%2C1079%2Cx0%2Cy0%2Csafe%26width%3D440&name=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide&caption=www.forbes.com&description=Four%20Indian%20films%20rank%20among%20global%20top%2010%20on%20Netflix%20and%20it%20is%20the%20third%20week%20on%20the%20list%20for%20two%20of%20those%20-%20Tamil%20film%20'Dragon'%20and%20Malayalam%20film%20'Officer%20On%20Duty'.%20)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F&via=forbes&text=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F&title=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide&summary=Four%20Indian%20films%20rank%20among%20global%20top%2010%20on%20Netflix%20and%20it%20is%20the%20third%20week%20on%20the%20list%20for%20two%20of%20those%20-%20Tamil%20film%20'Dragon'%20and%20Malayalam%20film%20'Officer%20On%20Duty'.%20)\n[\n](mailto:?subject=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F%0A%0AFour%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide%0A)\n\n[ ](https://www.forbes.com/sites/swetakaushal/2025/04/09/four-indian-films-\nmake-it-to-netflix-top-10-worldwide/)\n\n21 minutes ago\n\n### [ How NBA\u2019s New CBA Led To Nuggets Parting With Michael Malone And Calvin\nBooth ](https://www.forbes.com/sites/bryantoporek/2025/04/09/how-nbas-new-\ncba-led-to-nuggets-parting-with-michael-malone-and-calvin-booth/)\n\nThe NBA's new CBA caused the dynamic between Nuggets head coach Michael Malone\nand GM Calvin Booth to deteriorate prior to their shocking dismissal on\nTuesday.\n\nBy [ Bryan Toporek ](https://www.forbes.com/sites/bryantoporek/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f5f30138f951d54f96cec4%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth&caption=www.forbes.com&description=The%20NBA's%20new%20CBA%20caused%20the%20dynamic%20between%20Nuggets%20head%20coach%20Michael%20Malone%20and%20GM%20Calvin%20Booth%20to%20deteriorate%20prior%20to%20their%20shocking%20dismissal%20on%20Tuesday.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F&via=forbes&text=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F&title=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth&summary=The%20NBA's%20new%20CBA%20caused%20the%20dynamic%20between%20Nuggets%20head%20coach%20Michael%20Malone%20and%20GM%20Calvin%20Booth%20to%20deteriorate%20prior%20to%20their%20shocking%20dismissal%20on%20Tuesday.)\n[\n](mailto:?subject=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F%0A%0AHow%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth%0A)\n\n[ ](https://www.forbes.com/sites/bryantoporek/2025/04/09/how-nbas-new-cba-led-\nto-nuggets-parting-with-michael-malone-and-calvin-booth/)\n\n21 minutes ago\n\n### [ Stock Market Crash Does Not Foretell Recession Or Future Decline\n](https://www.forbes.com/sites/billconerly/2025/04/09/stock-market-crash-does-\nnot-foretell-recession-or-future-decline/)\n\nDespite the panic or dread that many people felt, the recent drop does not\npredict an economic recession nor further stock market declines, they are\ncertainly possible\n\nBy [ Bill Conerly ](https://www.forbes.com/sites/billconerly/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f58efbea68e09a8411f0bf%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline&caption=www.forbes.com&description=Despite%20the%20panic%20or%20dread%20that%20many%20people%20felt%2C%20the%20recent%20drop%20does%20not%20predict%20an%20economic%20recession%20nor%20further%20stock%20market%20declines%2C%20they%20are%20certainly%20possible)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F&via=forbes&text=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F&title=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline&summary=Despite%20the%20panic%20or%20dread%20that%20many%20people%20felt%2C%20the%20recent%20drop%20does%20not%20predict%20an%20economic%20recession%20nor%20further%20stock%20market%20declines%2C%20they%20are%20certainly%20possible)\n[\n](mailto:?subject=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F%0A%0AStock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline%0A)\n\n[ ](https://www.forbes.com/sites/billconerly/2025/04/09/stock-market-crash-\ndoes-not-foretell-recession-or-future-decline/)\n\n41 minutes ago\n\n### [ Oil Slumps 20% In April To 4-Year Lows. Worse May Yet Follow\n](https://www.forbes.com/sites/gauravsharma/2025/04/09/oil-slumps-20-in-april-\nto-4-year-lows-worse-may-yet-follow/)\n\nAs the so-called Trump Tariffs continue to cause havoc in the world\u2019s\nfinancial markets, oil prices have slipped to levels that would be hard to\nrecover from quickly.\n\nBy [ Gaurav Sharma ](https://www.forbes.com/sites/gauravsharma/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f62e1104871b93376c309b%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow&caption=www.forbes.com&description=As%20the%20so-\ncalled%20Trump%20Tariffs%20continue%20to%20cause%20havoc%20in%20the%20world%E2%80%99s%20financial%20markets%2C%20oil%20prices%20have%20slipped%20to%20levels%20that%20would%20be%20hard%20to%20recover%20from%20quickly.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F&via=forbes&text=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F&title=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow&summary=As%20the%20so-\ncalled%20Trump%20Tariffs%20continue%20to%20cause%20havoc%20in%20the%20world%E2%80%99s%20financial%20markets%2C%20oil%20prices%20have%20slipped%20to%20levels%20that%20would%20be%20hard%20to%20recover%20from%20quickly.)\n[\n](mailto:?subject=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F%0A%0AOil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow%0A)\n\n[ ](https://www.forbes.com/sites/gauravsharma/2025/04/09/oil-slumps-20-in-\napril-to-4-year-lows-worse-may-yet-follow/)\n\n51 minutes ago\n\n### [ Netflix Docuseries Provides A Riveting Inside Look At Boston Red Sox\n](https://www.forbes.com/sites/johnperrotto/2025/04/09/netflix-docuseries-\nprovides-a-riveting-inside-look-at-boston-red-sox/)\n\nThe Netflix docuseries \"The Clubhouse: A Year With the Red Sox\" provide a\nriveting inside look at the Boston Red Sox's 2024 season and some of their\nplayers.\n\nBy [ John Perrotto ](https://www.forbes.com/sites/johnperrotto/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjohnperrotto%2F2025%2F04%2F09%2Fnetflix-\ndocuseries-provides-a-riveting-inside-look-at-boston-red-\nsox%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f618e105c2f87b493e2545%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Netflix%20Docuseries%20Provides%20A%20Riveting%20Inside%20Look%20At%20Boston%20Red%20Sox&caption=www.forbes.com&description=The%20Netflix%20docuseries%20%22The%20Clubhouse%3A%20A%20Year%20With%20the%20Red%20Sox%22%20provide%20a%20riveting%20inside%20look%20at%20the%20Boston%20Red%20Sox's%202024%20season%20and%20some%20of%20their%20players.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjohnperrotto%2F2025%2F04%2F09%2Fnetflix-\ndocuseries-provides-a-riveting-inside-look-at-boston-red-\nsox%2F&via=forbes&text=Netflix%20Docuseries%20Provides%20A%20Riveting%20Inside%20Look%20At%20Boston%20Red%20Sox)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjohnperrotto%2F2025%2F04%2F09%2Fnetflix-\ndocuseries-provides-a-riveting-inside-look-at-boston-red-\nsox%2F&title=Netflix%20Docuseries%20Provides%20A%20Riveting%20Inside%20Look%20At%20Boston%20Red%20Sox&summary=The%20Netflix%20docuseries%20%22The%20Clubhouse%3A%20A%20Year%20With%20the%20Red%20Sox%22%20provide%20a%20riveting%20inside%20look%20at%20the%20Boston%20Red%20Sox's%202024%20season%20and%20some%20of%20their%20players.)\n[\n](mailto:?subject=Netflix%20Docuseries%20Provides%20A%20Riveting%20Inside%20Look%20At%20Boston%20Red%20Sox&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fjohnperrotto%2F2025%2F04%2F09%2Fnetflix-\ndocuseries-provides-a-riveting-inside-look-at-boston-red-\nsox%2F%0A%0ANetflix%20Docuseries%20Provides%20A%20Riveting%20Inside%20Look%20At%20Boston%20Red%20Sox%0A)\n\n[ ](https://www.forbes.com/sites/johnperrotto/2025/04/09/netflix-docuseries-\nprovides-a-riveting-inside-look-at-boston-red-sox/)\n\n51 minutes ago\n\n### [ A Resilient Fashion Brand Takes On Tariffs\n](https://www.forbes.com/sites/geristengel/2025/04/09/tariff-turmoil-tests-\nfashion-brand-warrior-culture/)\n\nFrank & Eileen is a women's fashion brand built on resilience. From 2008\ncrisis to today\u2019s trade wars, Audrey McLoghlin's vision thrives. Discover the\nstory.\n\nBy [ Geri Stengel ](https://www.forbes.com/sites/geristengel/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgeristengel%2F2025%2F04%2F09%2Ftariff-\nturmoil-tests-fashion-brand-warrior-\nculture%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f40293f31e4ad44bbbb963%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=A%20Resilient%20Fashion%20Brand%20Takes%20On%20Tariffs&caption=www.forbes.com&description=Frank%20%26%20Eileen%20is%20a%20women's%20fashion%20brand%20built%20on%20resilience.%20From%202008%20crisis%20to%20today%E2%80%99s%20trade%20wars%2C%20Audrey%20McLoghlin's%20vision%20thrives.%20Discover%20the%20story.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgeristengel%2F2025%2F04%2F09%2Ftariff-\nturmoil-tests-fashion-brand-warrior-\nculture%2F&via=forbes&text=A%20Resilient%20Fashion%20Brand%20Takes%20On%20Tariffs)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgeristengel%2F2025%2F04%2F09%2Ftariff-\nturmoil-tests-fashion-brand-warrior-\nculture%2F&title=A%20Resilient%20Fashion%20Brand%20Takes%20On%20Tariffs&summary=Frank%20%26%20Eileen%20is%20a%20women's%20fashion%20brand%20built%20on%20resilience.%20From%202008%20crisis%20to%20today%E2%80%99s%20trade%20wars%2C%20Audrey%20McLoghlin's%20vision%20thrives.%20Discover%20the%20story.)\n[\n](mailto:?subject=A%20Resilient%20Fashion%20Brand%20Takes%20On%20Tariffs&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fgeristengel%2F2025%2F04%2F09%2Ftariff-\nturmoil-tests-fashion-brand-warrior-\nculture%2F%0A%0AA%20Resilient%20Fashion%20Brand%20Takes%20On%20Tariffs%0A)\n\n[ ](https://www.forbes.com/sites/geristengel/2025/04/09/tariff-turmoil-tests-\nfashion-brand-warrior-culture/)\n\n1 hour ago\n\n### [ Real Madrid Has Already Signed Ancelotti Replacement, Reports COPE\n](https://www.forbes.com/sites/tomsanderson/2025/04/09/real-madrid-has-\nalready-signed-ancelotti-replacement-reports-cope/)\n\nReal Madrid has already signed a replacement for under fire head coach Carlo\nAncelotti according to the Spanish media.\n\nBy [ Tom Sanderson ](https://www.forbes.com/sites/tomsanderson/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Ftomsanderson%2F2025%2F04%2F09%2Freal-\nmadrid-has-already-signed-ancelotti-replacement-reports-\ncope%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f64a2f013860c962c16bd3%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Real%20Madrid%20Has%20Already%20Signed%20Ancelotti%20Replacement%2C%20Reports%20COPE&caption=www.forbes.com&description=Real%20Madrid%20has%20already%20signed%20a%20replacement%20for%20under%20fire%20head%20coach%20Carlo%20Ancelotti%20according%20to%20the%20Spanish%20media.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Ftomsanderson%2F2025%2F04%2F09%2Freal-\nmadrid-has-already-signed-ancelotti-replacement-reports-\ncope%2F&via=forbes&text=Real%20Madrid%20Has%20Already%20Signed%20Ancelotti%20Replacement%2C%20Reports%20COPE)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Ftomsanderson%2F2025%2F04%2F09%2Freal-\nmadrid-has-already-signed-ancelotti-replacement-reports-\ncope%2F&title=Real%20Madrid%20Has%20Already%20Signed%20Ancelotti%20Replacement%2C%20Reports%20COPE&summary=Real%20Madrid%20has%20already%20signed%20a%20replacement%20for%20under%20fire%20head%20coach%20Carlo%20Ancelotti%20according%20to%20the%20Spanish%20media.)\n[\n](mailto:?subject=Real%20Madrid%20Has%20Already%20Signed%20Ancelotti%20Replacement%2C%20Reports%20COPE&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Ftomsanderson%2F2025%2F04%2F09%2Freal-\nmadrid-has-already-signed-ancelotti-replacement-reports-\ncope%2F%0A%0AReal%20Madrid%20Has%20Already%20Signed%20Ancelotti%20Replacement%2C%20Reports%20COPE%0A)\n\n[ ](https://www.forbes.com/sites/tomsanderson/2025/04/09/real-madrid-has-\nalready-signed-ancelotti-replacement-reports-cope/)\n\nMar 25, 2024\n\n### [ Kingfisher Shares Drop As Annual Profits Slump Again\n](https://www.forbes.com/sites/roystonwild/2024/03/25/kingfisher-shares-drop-\nas-annual-profits-slump-again/)\n\nSales at the FTSE 100 retailer dropped 0.6% during the 12 months to January,\nwhile pre-tax profits sank 22.3% year on year.\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F66013a4aa0ea00b7353d12d7%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again&caption=www.forbes.com&description=Sales%20at%20the%20FTSE%20100%20retailer%20dropped%200.6%25%20during%20the%2012%20months%20to%20January%2C%20while%20pre-\ntax%20profits%20sank%2022.3%25%20year%20on%20year.) [\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F&via=forbes&text=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F&title=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again&summary=Sales%20at%20the%20FTSE%20100%20retailer%20dropped%200.6%25%20during%20the%2012%20months%20to%20January%2C%20while%20pre-\ntax%20profits%20sank%2022.3%25%20year%20on%20year.) [\n](mailto:?subject=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F%0A%0AKingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2024/03/25/kingfisher-shares-\ndrop-as-annual-profits-slump-again/)\n\nNov 22, 2023\n\n### [ Kingfisher Shares Slide 6.2% As FTSE Firm Cuts Profit Guidance Again\n](https://www.forbes.com/sites/roystonwild/2023/11/22/kingfisher-shares-\nslide-62-as-ftse-firm-cuts-profit-guidance-again/)\n\nSales at the B&Q and Screwfix owner dropped 2.1% to \u00a33.2 billion during\nquarter three as troubles in its French markets intensified.\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F6419a3adae0623913b3cc1c5%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again&caption=www.forbes.com&description=Sales%20at%20the%20B%26Q%20and%20Screwfix%20owner%20dropped%202.1%25%20to%20%C2%A33.2%20billion%20during%20quarter%20three%20as%20troubles%20in%20its%20French%20markets%20intensified.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F&via=forbes&text=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F&title=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again&summary=Sales%20at%20the%20B%26Q%20and%20Screwfix%20owner%20dropped%202.1%25%20to%20%C2%A33.2%20billion%20during%20quarter%20three%20as%20troubles%20in%20its%20French%20markets%20intensified.)\n[\n](mailto:?subject=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F%0A%0AKingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2023/11/22/kingfisher-shares-\nslide-62-as-ftse-firm-cuts-profit-guidance-again/)\n\nFeb 11, 2021\n\n### [ How Judy Collins Returns To Her Musical And Activist Roots\n](https://www.forbes.com/sites/jerylbrunner/2021/02/11/how-judy-collins-\nreturns-to-her-musical-and-activist-roots/)\n\nJudy Collins will recreate her very first concert at Town Hall where she\nperformed in 1964\n\nBy [ Jeryl Brunner ](https://www.forbes.com/sites/jerylbrunner/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F602522ed1af86e3238dda6d0%2F0x0.jpg%3Fformat%3Djpg%26crop%3D3024%2C1701%2Cx0%2Cy99%2Csafe%26width%3D440&name=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots&caption=www.forbes.com&description=Judy%20Collins%20will%20recreate%20her%20very%20first%20concert%20at%20Town%20Hall%20where%20she%20performed%20%20in%201964)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F&via=forbes&text=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F&title=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots&summary=Judy%20Collins%20will%20recreate%20her%20very%20first%20concert%20at%20Town%20Hall%20where%20she%20performed%20%20in%201964)\n[\n](mailto:?subject=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F%0A%0AHow%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots%0A)\n\n[ ](https://www.forbes.com/sites/jerylbrunner/2021/02/11/how-judy-collins-\nreturns-to-her-musical-and-activist-roots/)\n\nFeb 16, 2018\n\n### [ 9 New Luxury Beach Resorts, The Best Airports For Dining And More\n](https://www.forbes.com/sites/passport/2018/02/16/9-new-luxury-beach-resorts-\nthe-best-airports-for-dining-and-more/)\n\nPassport by ForbesLife chronicles the latest in luxury travel, drinking and\ndining, fashion\u2014and life's other indulgences.\n\nBy [ Passport by ForbesLife ](https://www.forbes.com/sites/passport/) Forbes\nStaff\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fblogs-\nimages%2Fpassport%2Ffiles%2F2018%2F02%2Fhttps-2F2Fblogs-\nimages.forbes.com2Fannabel2Ffiles2F20182F022FMukan-1200x801.jpg%3Fformat%3Djpg%26width%3D440&name=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More&caption=www.forbes.com&description=Passport%20by%20ForbesLife%20chronicles%20the%20latest%20in%20luxury%20travel%2C%20drinking%20and%20dining%2C%20fashion%E2%80%94and%20life's%20other%20indulgences.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F&via=forbes&text=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F&title=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More&summary=Passport%20by%20ForbesLife%20chronicles%20the%20latest%20in%20luxury%20travel%2C%20drinking%20and%20dining%2C%20fashion%E2%80%94and%20life's%20other%20indulgences.)\n[\n](mailto:?subject=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F%0A%0A9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More%0A)\n\n[ ](https://www.forbes.com/sites/passport/2018/02/16/9-new-luxury-beach-\nresorts-the-best-airports-for-dining-and-more/)\n\nJan 24, 2018\n\n### [ Slow Travel Is Back: The 10 Best Luxury Trains\n](https://www.forbes.com/sites/annabel/2018/01/24/slow-travel-is-back-\nthe-10-best-luxury-trains/)\n\nA spate of new, newly redone and classic trains harks back to the day when\nrail travel was an elegant affair. Consider it the antidote to Amtrak\u2014to say\nnothing of the ever-shrinking seat 32E.\n\nBy [ Ann Abel ](https://www.forbes.com/sites/annabel/) Senior Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fblogs-\nimages%2Fannabel%2Ffiles%2F2018%2F01%2FAndean-\nExpress-1200x806.jpg%3Fformat%3Djpg%26width%3D440&name=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains&caption=www.forbes.com&description=A%20spate%20of%20new%2C%20newly%20redone%20and%20classic%20trains%20harks%20back%20to%20the%20day%20when%20rail%20travel%20was%20an%20elegant%20affair.%20Consider%20it%20the%20antidote%20to%20Amtrak%E2%80%94to%20say%20nothing%20of%20the%20ever-\nshrinking%20seat%2032E.) [\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F&via=forbes&text=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F&title=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains&summary=A%20spate%20of%20new%2C%20newly%20redone%20and%20classic%20trains%20harks%20back%20to%20the%20day%20when%20rail%20travel%20was%20an%20elegant%20affair.%20Consider%20it%20the%20antidote%20to%20Amtrak%E2%80%94to%20say%20nothing%20of%20the%20ever-\nshrinking%20seat%2032E.) [\n](mailto:?subject=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F%0A%0ASlow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains%0A)\n\n[ ](https://www.forbes.com/sites/annabel/2018/01/24/slow-travel-is-back-\nthe-10-best-luxury-trains/)\n\nAug 1, 2017\n\n### [ 3 FTSE 100 Stocks That Should Be Avoided In August\n](https://www.forbes.com/sites/roystonwild/2017/08/01/3-ftse-100-stocks-i-\nthink-should-be-avoided-in-august/)\n\nToday I am discussing three Footsie shares investors should keep on shunning.\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F39755703%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August&caption=www.forbes.com&description=Today%20I%20am%20discussing%20three%20Footsie%20shares%20investors%20should%20keep%20on%20shunning.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F&via=forbes&text=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F&title=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August&summary=Today%20I%20am%20discussing%20three%20Footsie%20shares%20investors%20should%20keep%20on%20shunning.)\n[\n](mailto:?subject=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F%0A%0A3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2017/08/01/3-ftse-100-stocks-i-\nthink-should-be-avoided-in-august/)\n\nMar 22, 2017\n\n### [ Kingfisher Drags The FTSE 100 Lower Following Fearful Outlook\n](https://www.forbes.com/sites/roystonwild/2017/03/22/kingfisher-drags-the-\nftse-100-lower-following-fearful-outlook/)\n\nShare pickers have dumped B&Q owner Kingfisher after murky trading\nforecast. What should savvy investors do now?\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F37426414%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook&caption=www.forbes.com&description=Share%20pickers%20have%20dumped%20B%26amp%3BQ%20owner%20Kingfisher%20after%20murky%20trading%20forecast.%20What%20should%20savvy%20investors%20do%20now%3F)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F&via=forbes&text=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F&title=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook&summary=Share%20pickers%20have%20dumped%20B%26amp%3BQ%20owner%20Kingfisher%20after%20murky%20trading%20forecast.%20What%20should%20savvy%20investors%20do%20now%3F)\n[\n](mailto:?subject=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F%0A%0AKingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2017/03/22/kingfisher-drags-the-\nftse-100-lower-following-fearful-outlook/)\n\nNov 29, 2007\n\n### [ Kingfisher Flies In France\n](https://www.forbes.com/2007/11/29/kingfisher-france-retail-markets-equity-\ncx_ll_1129markets12/)\n\nThe home-improvement company cites strong growth in France relative to its\nsliding British operations.\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F&picture=&name=Kingfisher%20Flies%20In%20France&caption=www.forbes.com&description=The%20home-\nimprovement%20company%20cites%20strong%20growth%20in%20France%20relative%20to%20its%20sliding%20British%20operations.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F&via=forbes&text=Kingfisher%20Flies%20In%20France) [\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F&title=Kingfisher%20Flies%20In%20France&summary=The%20home-\nimprovement%20company%20cites%20strong%20growth%20in%20France%20relative%20to%20its%20sliding%20British%20operations.)\n[\n](mailto:?subject=Kingfisher%20Flies%20In%20France&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F%0A%0AKingfisher%20Flies%20In%20France%0A)\n\n[ ](https://www.forbes.com/2007/11/29/kingfisher-france-retail-markets-equity-\ncx_ll_1129markets12/)\n\n### also on forbes\n\n[ Is Inter\u2019s Nicol\u00f2 Barella One Of The Best Midfielders In The World?\n](https://www.forbes.com/sites/adamdigby/2025/04/09/is-inters-nicol-barella-\none-of-the-best-midfielders-in-the-world/)\n\n[ Four Indian Films Make It To Netflix Top 10 Worldwide\n](https://www.forbes.com/sites/swetakaushal/2025/04/09/four-indian-films-make-\nit-to-netflix-top-10-worldwide/)\n\n[ How NBA\u2019s New CBA Led To Nuggets Parting With Michael Malone And Calvin\nBooth ](https://www.forbes.com/sites/bryantoporek/2025/04/09/how-nbas-new-cba-\nled-to-nuggets-parting-with-michael-malone-and-calvin-booth/)\n\n[ ](https://www.forbes.com/) \u00a9 2025 Forbes Media LLC. 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"url": "https://www.forbes.com/companies/brico/?list=fintech50"
},
"reason": "This Forbes page lists Brico in the Fintech 50. While Forbes is generally reliable, this is a list, so the information is limited and requires further verification.",
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"search_query": "company 'Brico' overview financial performance",
"summary": "Brico listed in Forbes Fintech 50.",
"url": "https://www.forbes.com/companies/brico/?list=fintech50"
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"page_content": "D&B Business Directory\n\n 1. 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](/marketing/marketing-sales/hoovers-free-\ntrial-directory.html)\n\nOverview\n\n?\n\nLaurent Olivier VITTOZ See more contacts\n\n[ Building Material and Supplies Dealers ](/business-directory/industry-\nanalysis.building_material_and_supplies_dealers.html) , [ Building Material\nand Garden Equipment and Supplies Dealers ](/business-directory/industry-\nanalysis.building_material_and_garden_equipment_and_supplies_dealers.html) ,\n[ Retail Trade ](/business-directory/industry-analysis.retail_trade.html) ,\nPaint, glass, and wallpaper stores\n\n[ Automobile Dealers ](/business-directory/industry-\nanalysis.automobile_dealers.html) , [ Automotive Parts, Accessories, and Tire\nRetailers ](/business-directory/industry-\nanalysis.automotive_parts_accessories_and_tire_retailers.html) , [ Beer,\nWine, and Liquor Retailers ](/business-directory/industry-\nanalysis.beer_wine_and_liquor_retailers.html) , [ Book Retailers and News\nDealers 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](/business-directory/industry-\nanalysis.health_and_personal_care_retailers.html) , [ Jewelry, Luggage, and\nLeather Goods Retailers ](/business-directory/industry-\nanalysis.jewelry_luggage_and_leather_goods_retailers.html) , [ Lawn and Garden\nEquipment and Supplies Retailers ](/business-directory/industry-\nanalysis.lawn_and_garden_equipment_and_supplies_retailers.html) , [ Office\nSupplies, Stationery, and Gift Retailers ](/business-directory/industry-\nanalysis.office_supplies_stationery_and_gift_retailers.html) , [ Other\nMiscellaneous Retailers ](/business-directory/industry-\nanalysis.other_miscellaneous_retailers.html) , [ Other Motor Vehicle Dealers\n](/business-directory/industry-analysis.other_motor_vehicle_dealers.html) , [\nShoe Retailers ](/business-directory/industry-analysis.shoe_retailers.html) ,\n[ Specialty Food Retailers ](/business-directory/industry-\nanalysis.specialty_food_retailers.html) , [ Sporting Goods, Hobby, and Musical\nInstrument Retailers ](/business-directory/industry-\nanalysis.sporting_goods_hobby_and_musical_instrument_retailers.html) , [ Used\nMerchandise Retailers ](/business-directory/industry-\nanalysis.used_merchandise_retailers.html) [ Warehouse Clubs, Supercenters, and\nOther General Merchandise Retailers ](/business-directory/industry-\nanalysis.warehouse_clubs_supercenters_and_other_general_merchandise_retailers.html) \nView fewer\n\n[ Building Material and Supplies Dealers ](/business-directory/company-\ninformation.building_material_and_supplies_dealers.fr.html) [ Building\nMaterial and Garden Equipment and Supplies Dealers ](/business-\ndirectory/company-\ninformation.building_material_and_garden_equipment_and_supplies_dealers.fr.html)\n[ Retail Trade ](/business-directory/company-\ninformation.retail_trade.fr.html)\n\n[ Printer Friendly View ]()\n\n[ 30/32 30 RUE DE LA TOURELLE 91310, LONGPONT-SUR-ORGE, ILE DE FRANCE France\n](https://maps.google.com/?q=30/32%2030%20RUE%20DE%20LA%20TOURELLE%2091310,%20LONGPONT-\nSUR-ORGE,%20ILE%20DE%20FRANCE%20France) See other locations\n\n?\n\n[ www.bricodepot.fr ](http://www.bricodepot.fr)\n\n?\n\nActual\n\n \n?\n\nActual\n\n? ?\n\n[ Unlock full sales materials and reports ](/content/dnb-\nus/en/home/marketing/marketing-sales/hoovers-free-trial-directory.html)\n\nContacts\n\nGet in Touch with 2 Principals*\n\n * Laurent Olivier VITTOZ \n\nGeneral Manager\n\n * Contact 2 \n\n?\n\n[ See All Contacts ](/marketing/marketing-sales/hoovers-free-trial-\ncontacts.html)\n\nDynamic search and list-building capabilities\n\nReal-time trigger alerts\n\nComprehensive company profiles\n\nValuable research and technology reports\n\n[ Get a D&B Hoovers Free Trial ](/marketing/marketing-sales/hoovers-free-\ntrial-directory.html)\n\nStay on top of your Business Credit File\n\nGet full access to view your D&B business credit file now for just $39/month!\n\n[ View D&B Scores & 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All rights reserved. \n\n",
"url": "https://www.dnb.com/business-directory/company-profiles.brico_depot.e48972f6c0eff17dcc268a3d01dd0a03.html"
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"reason": "D&B (Dun & Bradstreet) is a reputable source of business information. This page provides a company profile for Brico Depot, offering reliable business data.",
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"search_query": "company 'Brico' overview financial performance",
"summary": "Company profile for Brico Depot from Dun & Bradstreet.",
"url": "https://www.dnb.com/business-directory/company-profiles.brico_depot.e48972f6c0eff17dcc268a3d01dd0a03.html"
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"page_content": "__\n\n__\n\nClaritas est etiam processus dynamicus, qui sequitur mutationem consuetudium\nlectorum eleifend option congue nihil imperdiet doming.\n\n## Latest News\n\n * [ ](https://www.bricoalliance.eu/ermitazas/) [ Ermita\u017eas ](https://www.bricoalliance.eu/ermitazas/)\n\n24 May, 2022\n\n * [ ](https://www.bricoalliance.eu/united-hardware/) [ United Hardware ](https://www.bricoalliance.eu/united-hardware/)\n\n24 May, 2022\n\n * [ ](https://www.bricoalliance.eu/coferdroza/) [ Coferdroza ](https://www.bricoalliance.eu/coferdroza/)\n\n24 May, 2022\n\n##### Contact Us\n\n * 123 6th St. Melbourne, FL 32904 \n * Phone: (888) 123-4567 \n * Email: info@example.com \n\n## Follow Us On\n\n * [ __ ](http://www.linkedin.com/company/2151717)\n\nReinforcing our \npartners on \nthe market. Bricoalliance is an alliance of 9 independent European DIY chains\nwith stores in 12 countries. As a knowledge and purchase platform, we aim to\ngive added value to our shareholders. \n[ More about us __ ](/about-us/)\n\n#### 9 partners, + 1.000 stores\n\nBauhof in Estonia, Byggmax in Sweden, Norway, Finland and Denmark, Byko in\nIceland, Brico io in Italy, Coferdroza in Spain, Ermita\u017eas in Lithuania, Hubo\nin Belgium, United Hardware in Ireland and Utility in Italy. Our partners\nrepresent over 1.000 stores and are still growing.\n\n[ Meet our partners __ ](https://www.bricoalliance.eu/our-partners/ \"Our\nmembers\")\n\n#### Office in Belgium and Shanghai\n\nWith an office in Belgium and Shanghai, we are at the centre of manufacturing.\nThis allows us to maintain quick and efficient access directly with the\nproducers.\n\n[ More about us __ ](https://www.bricoalliance.eu/about-us/ \"Our partners\")\n\n#### 2 billion euro turnover\n\nOur financially healthy partners have an ambitious business plan, thus\nenabling us to build a strong alliance for the future.\n\n[ Read more __ ](https://www.bricoalliance.eu/about-us/ \"About Us\")\n\n## Bricoalliance partners\n\n####\n\n[ View all Bricoalliance partners ](https://www.bricoalliance.eu/our-\npartners/ \"Our partners\")\n\n[ ](/)\n\nBricoalliance was founded in 2006 as **a knowhow and purchase platform for\nindependent retail chains** .\n\nWe provide our partners with knowledge of the markets, products and suppliers.\n\n##### Quick Links\n\n * [ About Us ](https://www.bricoalliance.eu/about-us/)\n * [ Contact us ](https://www.bricoalliance.eu/contact-us/)\n * [ Who is who ](https://www.bricoalliance.eu/who-is-who/)\n * [ Our partners ](https://www.bricoalliance.eu/our-partners/)\n\n##### Head Office\n\nKoralenhoeve 35 \n2160 Wommelgem \nBelgium\n\nPhone: +32 3 350 36 04 \nE-mail: [ info@bricoalliance.eu ](mailto:info@bricoalliance.eu)\n\n * [ Privacy statement ](https://www.bricoalliance.eu/privacy/)\n\nBricoalliance 2022\n\nWe use cookies on our website to give you the most relevant experience by\nremembering your preferences and repeat visits. By clicking \u201cAccept All\u201d, you\nconsent to the use of ALL the cookies. However, you may visit \"Cookie\nSettings\" to provide a controlled consent.\n\nCookie Settings Accept All\n\nManage consent\n\n#### Privacy Overview\n\nThis website uses cookies to improve your experience while you navigate\nthrough the website. Out of these, the cookies that are categorized as\nnecessary are stored on your browser as they are essential for the working of\nbasic functionalities of the website. We also use third-party cookies that\nhelp us analyze and understand how you use this website. These cookies will be\nstored in your browser only with your consent. You also have the option to\nopt-out of these cookies. But opting out of some of these cookies may affect\nyour browsing experience.\n\nNecessary\n\nAlways Enabled\n\nNecessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously. Cookie | Duration | Description \n---|---|--- \ncookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category \"Analytics\". \ncookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category \"Functional\". \ncookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category \"Necessary\". \ncookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. 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"url": "https://www.bricoalliance.eu/"
},
"reason": "This is the official website of Brico Alliance, a reliable source of information about the company and its activities.",
"reliability_score": 1.0,
"search_query": "company 'Brico' customers stakeholders",
"summary": "This is the official website of Brico Alliance, a reliable source of information about the company and its activities.",
"url": "https://www.bricoalliance.eu/"
},
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"source": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
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The insights and\nservices we provide help to create long-term value for clients, people and\nsociety, and to build trust in the capital markets.\n\n[ Explore ](/en_ro/about-us)\n\nSee more\n\n#### Spotlight\n\n[ Global IPO divergence widens as Americas and EMEIA surge and Asia-Pacific\nslows ](/en_ro/newsroom/2024/06/global-ipo-divergence-widens-as-americas-and-\nemeia-surge)\n\n__ 28 Sep 2024 [ EY Romania ](https://www.ey.com/en_ro/people/ey)\n\n[ EY advised TehnoWorld in the transaction with Romcim, a CRH company\n](/en_ro/newsroom/2024/08/ey-advised-tehnoworld-in-the-transaction-with-\nromcim-a-crh-company)\n\n__ 12 Aug 2024 [ EY Romania ](https://www.ey.com/en_ro/people/ey)\n\n[ Institutional integrity standards are strengthening, but there are still\nchallenges ](/en_ro/newsroom/2024/07/institutional-integrity-standards-are-\nstrengthening-but-there-are-still-challenges)\n\n__ 29 Jul 2024 [ EY Romania ](https://www.ey.com/en_ro/people/ey)\n\nSearch\n\nSee all results for ' __ '\n\nNo results have been found\n\nTopics\n\nSee All\n\n* [ ]()\n\nGeneral\n\nSee All\n\nPeople\n\nSee All\n\n * [ ]()\n\nRecent Searches\n\nTrending\n\n * [ Top 10 geopolitical developments for 2024 An even more complex geopolitical environment is on the horizon. 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Read more. 09 Jan 2024 AI ](/en_ro/insights/supply-chain/how-generative-ai-in-supply-chain-can-drive-value)\n\n[ My EY ](https://login.ey.com/myey/home \"My EY\") [ My EY\n](https://login.ey.com/myey/login \"My EY\")\n\n__\n\nSelect your location\n\n__\n\nLocal sites\n\nPress release\n\n19 Dec 2024\n\n# EY advised Kingfisher on the divestment of Brico D\u00e9p\u00f4t Romania to Altex\n\nPress contact\n\n[ EY Rom\u00e2nia ](/en_ro/people/ey)\n\nOrganiza\u021bie de servicii profesionale\n\n * * [ Open X profile of EY Rom\u00e2nia ](https://twitter.com/EY_Romania \"Open X profile of EY Rom\u00e2nia\")\n * [ Open LinkedIn profile of EY Rom\u00e2nia ](https://www.linkedin.com/company/ernstandyoung \"Open LinkedIn profile of EY Rom\u00e2nia\")\n\nRelated topics\n\n[ Strategy and Transactions ](/en_ro/services/strategy-transactions)\n\n * Facebook \n * Twitter \n * LinkedIn \n * Link Copied \n\nEY Romania is privileged to advise Kingfisher, an international home\nimprovement company with over 2,000 stores and 78,000 employees, on the agreed\nsale of Brico D\u00e9p\u00f4t Romania to Altex, market leader of the Romanian electro-IT\nretail sector.\n\nDuring the EY-led process, the team provided full sell-side M&A assistance,\nstructuring and coordinating the execution of the transaction.\n\nBrico D\u00e9p\u00f4t Romania has the 2 nd largest store network on the Romania DIY\nretail market, having entered the country in 2013 via its acquisition of\nBricostore Romania and further expanding in 2017 through its acquisition of\nlocal Praktiker operations. Brico D\u00e9p\u00f4t\u2019s stores are designed to maximise\ncustomer shopping experience and address all DIY, DIFM and trade needs under\none roof. The network is supported by a strong omnichannel proposition\u200b and an\nagile centralized headquarters.\n\nFounded in 1992, Altex is Romania's market leader in electro IT retail and one\nof the largest and most recognisable Romanian brands. It currently operates\n135 stores under two brands (Altex and Media Galaxy) in around 70 cities,\ncovering all of Romania\u2019s 42 counties.\n\nEY\u2019s multi-jurisdictional team provided end-to-end M&A advisory with an\nintegrated service offering covering the full spectrum of sell-side assistance\nservices, including vendor financial and tax due diligence, as well as SPA\nadvisory and operational separation services. 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"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
"reason": "This is a news article from EY (Ernst & Young) about advising Kingfisher on the divestment of Brico Depot Romania. EY is a reputable source, and the article provides factual information.",
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"search_query": "company 'Brico' customers stakeholders",
"summary": "This is a news article from EY (Ernst & Young) about advising Kingfisher on the divestment of Brico Depot Romania. EY is a reputable source, and the article provides factual information.",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
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"source": "https://www.brusselstimes.com/893351/brico-diy-chain-put-up-for-sale"
},
"page_content": "\n\n",
"url": "https://www.brusselstimes.com/893351/brico-diy-chain-put-up-for-sale"
},
"reason": "This is a news article from the Brussel Times about Brico being put up for sale. The Brussel Times is a reputable news source, making this a reliable source of information.",
"reliability_score": 0.8,
"search_query": "company 'Brico' customers stakeholders",
"summary": "This is a news article from the Brussel Times about Brico being put up for sale. The Brussel Times is a reputable news source, making this a reliable source of information.",
"url": "https://www.brusselstimes.com/893351/brico-diy-chain-put-up-for-sale"
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"source": "https://www.romania-insider.com/leroy-merlin-brico-depot-takeover-talks-sept-2024"
},
"page_content": "Skip to main content\n\n[ M&A ](/business/ma)\n\n# Leroy Merlin reportedly in talks to take over Kingfisher\u2019s Brico D\u00e9p\u00f4t\nstores in Romania\n\n30 September 2024\n\n[ Iulian Ernst ](/user/3575)\n\n### Like this article? Share it with your friends!\n\n[ Facebook ](https://www.facebook.com/)\n\n[ Twitter ](https://twitter.com/)\n\n[ Google ](https://plus.google.com/)\n\n[ Pinterest ](https://pinterest.com/)\n\n[ Reddit ](https://www.reddit.com/)\n\n[ Email ](https://mail.google.com)\n\n[ LinkedIn ](https://www.linkedin.com)\n\nFrench DIY retailer Leroy Merlin is reportedly preferred by the UK group\nKingfisher, which seeks to sell its 32 Brico D\u00e9p\u00f4t stores in Romania,\naccording to [ Ziarul Financiar ](https://www.zf.ro/companii/retail-\nagrobusiness/exclusiv-zf-britanicii-de-la-kingfisher-poarta-discutii-\npentru-22497587?mc_cid=62eaedc66c&mc_eid=cd1f92f96c) . Several other bidders\nexpressed interest.\n\nThe deal would pinpoint Leroy Merlin\u2019s ambition to surpass the market leader\nDedeman within five years.\n\nBritish group Kingfisher entered the local market in 2013 by acquiring the\nBricostore stores, later renamed Brico D\u00e9p\u00f4t. In 2017, Kingfisher also bought\nthe Praktiker stores from businessman Omer Susli and included them in its own\nchain. But in 2023, it closed down three stores in Giroc (near Timisoara),\nOradea, and Suceava.\n\nBrico D\u00e9p\u00f4t, which operates locally through the company Bricostore Romania,\nended 2023 with a turnover of RON 1.5 bln (EUR 300 mln), down 6% compared to\nthe previous year.\n\nRomania\u2019s DIY market is dominated by local player Dedeman, with other relevant\nplayers being Leroy Merlin and Hornbach.\n\nLeroy Merlin plans to become the leader in the market within five years, as\nLeroy Merlin CEO Mathieu Bauduin said last fall in an interview for Ziarul\nFinanciar. It currently has 21 stores with another one to be opened in\nOctober.\n\nThe company\u2019s turnover rose 6% y/y to RON 3.1 bln in 2023.\n\n_iulian@romania-insider.com_\n\n_(Photo source:[ Dreamstime.com ](https://www.dreamstime.com) ) _\n\nNormal\n\n[ M&A ](/business/ma)\n\n# Leroy Merlin reportedly in talks to take over Kingfisher\u2019s Brico D\u00e9p\u00f4t\nstores in Romania\n\n30 September 2024\n\n[ Iulian Ernst ](/user/3575)\n\n### Like this article? Share it with your friends!\n\n[ Facebook ](https://www.facebook.com/)\n\n[ Twitter ](https://twitter.com/)\n\n[ Google ](https://plus.google.com/)\n\n[ Pinterest ](https://pinterest.com/)\n\n[ Reddit ](https://www.reddit.com/)\n\n[ Email ](https://mail.google.com)\n\n[ LinkedIn ](https://www.linkedin.com)\n\nFrench DIY retailer Leroy Merlin is reportedly preferred by the UK group\nKingfisher, which seeks to sell its 32 Brico D\u00e9p\u00f4t stores in Romania,\naccording to [ Ziarul Financiar ](https://www.zf.ro/companii/retail-\nagrobusiness/exclusiv-zf-britanicii-de-la-kingfisher-poarta-discutii-\npentru-22497587?mc_cid=62eaedc66c&mc_eid=cd1f92f96c) . Several other bidders\nexpressed interest.\n\nThe deal would pinpoint Leroy Merlin\u2019s ambition to surpass the market leader\nDedeman within five years.\n\nBritish group Kingfisher entered the local market in 2013 by acquiring the\nBricostore stores, later renamed Brico D\u00e9p\u00f4t. In 2017, Kingfisher also bought\nthe Praktiker stores from businessman Omer Susli and included them in its own\nchain. But in 2023, it closed down three stores in Giroc (near Timisoara),\nOradea, and Suceava.\n\nBrico D\u00e9p\u00f4t, which operates locally through the company Bricostore Romania,\nended 2023 with a turnover of RON 1.5 bln (EUR 300 mln), down 6% compared to\nthe previous year.\n\nRomania\u2019s DIY market is dominated by local player Dedeman, with other relevant\nplayers being Leroy Merlin and Hornbach.\n\nLeroy Merlin plans to become the leader in the market within five years, as\nLeroy Merlin CEO Mathieu Bauduin said last fall in an interview for Ziarul\nFinanciar. It currently has 21 stores with another one to be opened in\nOctober.\n\nThe company\u2019s turnover rose 6% y/y to RON 3.1 bln in 2023.\n\n_iulian@romania-insider.com_\n\n_(Photo source:[ Dreamstime.com ](https://www.dreamstime.com) ) _\n\nNormal\n\n[ M&A ](/business/ma)\n\n# Leroy Merlin reportedly in talks to take over Kingfisher\u2019s Brico D\u00e9p\u00f4t\nstores in Romania\n\n30 September 2024\n\n[ Iulian Ernst ](/user/3575)\n\n### Like this article? Share it with your friends!\n\n[ Facebook ](https://www.facebook.com/)\n\n[ Twitter ](https://twitter.com/)\n\n[ Google ](https://plus.google.com/)\n\n[ Pinterest ](https://pinterest.com/)\n\n[ Reddit ](https://www.reddit.com/)\n\n[ Email ](https://mail.google.com)\n\n[ LinkedIn ](https://www.linkedin.com)\n\nFrench DIY retailer Leroy Merlin is reportedly preferred by the UK group\nKingfisher, which seeks to sell its 32 Brico D\u00e9p\u00f4t stores in Romania,\naccording to [ Ziarul Financiar ](https://www.zf.ro/companii/retail-\nagrobusiness/exclusiv-zf-britanicii-de-la-kingfisher-poarta-discutii-\npentru-22497587?mc_cid=62eaedc66c&mc_eid=cd1f92f96c) . Several other bidders\nexpressed interest.\n\nThe deal would pinpoint Leroy Merlin\u2019s ambition to surpass the market leader\nDedeman within five years.\n\nBritish group Kingfisher entered the local market in 2013 by acquiring the\nBricostore stores, later renamed Brico D\u00e9p\u00f4t. In 2017, Kingfisher also bought\nthe Praktiker stores from businessman Omer Susli and included them in its own\nchain. But in 2023, it closed down three stores in Giroc (near Timisoara),\nOradea, and Suceava.\n\nBrico D\u00e9p\u00f4t, which operates locally through the company Bricostore Romania,\nended 2023 with a turnover of RON 1.5 bln (EUR 300 mln), down 6% compared to\nthe previous year.\n\nRomania\u2019s DIY market is dominated by local player Dedeman, with other relevant\nplayers being Leroy Merlin and Hornbach.\n\nLeroy Merlin plans to become the leader in the market within five years, as\nLeroy Merlin CEO Mathieu Bauduin said last fall in an interview for Ziarul\nFinanciar. It currently has 21 stores with another one to be opened in\nOctober.\n\nThe company\u2019s turnover rose 6% y/y to RON 3.1 bln in 2023.\n\n_iulian@romania-insider.com_\n\n_(Photo source:[ Dreamstime.com ](https://www.dreamstime.com) ) _\n\nNormal\n\n## Recommended stories\n\n[ ](/romania-elections-presidential-candidates-apr-2025)\n\n07 April 2025\n\n[ Politics ](/society/politics)\n\n[ Update - Romania's 2025 elections: Who is running for president? ](/romania-\nelections-presidential-candidates-apr-2025)\n\n[ ](/oradea-new-thermal-garden--project-april-2025)\n\n08 April 2025\n\n[ Administration ](/society/administration)\n\n[ Western Romania: Oradea to build new thermal garden in RON 214 million\nproject financed by EU ](/oradea-new-thermal-garden--project-april-2025)\n\n[ ](/romania-bnr-policy-rate-april-2025)\n\n08 April 2025\n\n[ Macro ](/business/macro)\n\n[ Romania keeps policy rate at 6.5% in line with expectations ](/romania-bnr-\npolicy-rate-april-2025)\n\n[ ](/interior-ministry-and-us-immigration-service-joint-criminal-\ninvestigative-unit-apr-2025)\n\n07 April 2025\n\n[ Justice ](/society/justice)\n\n[ Romanian Interior Ministry and US Immigration Service establish joint\nCriminal Investigative Unit ](/interior-ministry-and-us-immigration-service-\njoint-criminal-investigative-unit-apr-2025)\n\n[ ](/romanian-14-year-old-singer-britains-got-talent-jury-apr-2025)\n\n07 April 2025\n\n[ Events ](/life/events)\n\n[ Romanian 14-year-old singer impresses Britain\u2019s Got Talent jury\n](/romanian-14-year-old-singer-britains-got-talent-jury-apr-2025)\n\n[ ](/first-romanian-reach-mystical-lake-tele-irina-papuc-interview-2025)\n\n31 March 2025\n\n[ Interviews ](/latest/interviews)\n\n[ First Romanian to reach mystical Lake Tele: Irina Papuc on her once-in-a-\nlifetime Congo adventure ](/first-romanian-reach-mystical-lake-tele-irina-\npapuc-interview-2025)\n\n__ __\n\n## Romania Insider Free Newsletters\n\n[ Subscribe now ](https://www.romania-insider.com/newsletters-signup)\n\n## Editor's picks\n\n09 April 2025\n\n[ Politics ](/society/politics)\n\n[ Elena Lasconi refuses to withdraw from Romania\u2019s presidential race after USR\nshifts support to Nicu\u0219or Dan ](/usr-nicusor-dan-elena-lasconi-presidential-\nelections-april-2025)\n\n09 April 2025\n\n[ Healthcare ](/society/healthcare)\n\n[ Microsoft to develop Romania\u2019s first smart hospital ](/microsoft-romania-\nfirst-smart-hospital-PRIL-2025)\n\n09 April 2025\n\n[ Transport ](/business/transport)\n\n[ Bucharest\u2019s main airport to expand with new passenger terminal ](/bucharest-\nhenri-coanda-airport-new-terminal-april-2025)\n\n09 April 2025\n\n[ Travel ](/discover-ro/travel)\n\n[ Danube Delta wins \u201cDestination of the Year 2025\u201d title in Romania ](/danube-\ndelta-destination-year-romania-2025)\n\n09 April 2025\n\n[ Politics ](/society/politics)\n\n[ Romania to clarify Visa Waiver delay with US Homeland Security, interim\npresident says ](/bolojan-usa-visa-waiver-clarifications-april-2025)\n\n09 April 2025\n\n[ Defense ](/society/defense)\n\n[ Romania was not notified of any withdrawal of US troops, Defense Ministry\nsays ](/romania-not-notified-withdrawal-us-troops-april-2025)\n\n09 April 2025\n\n[ Macro ](/business/macro)\n\n[ Romania's interim president names key industries hit by US tariffs, calls\nfor moderate response ](/romania-president-sectors-usa-tariffs-april-2025)\n\n09 April 2025\n\n[ Capital markets powered by BSE ](/business/capital-markets-powered-bse)\n\n[ Bucharest Exchange recovers in one day half of the loss incurred since US\ntariffs shock ](/bucharest-exchange-recovers-april-2025)\n\n## [ Latest Press Releases ](/press-releases)\n\n07 April 2025\n\n[ Energy ](/business/energy)\n\n[ EPC Masterclass: RPIA (Romanian Photovoltaic Industry Association)\nhighlights the strategic role of EPCs in Renewable Energy through a Dedicated\nworkshop at Romexpo, April 10 ](/epc-masterclass-rpia-highlights-strategic-\nrola-epc-renewable-energy-workshop-romexpo-april-10-2024)\n\n07 April 2025\n\n[ Real Estate ](/business/real-estate)\n\n[ One United Properties, named Superbrand in the category Business - 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"url": "https://www.romania-insider.com/leroy-merlin-brico-depot-takeover-talks-sept-2024"
},
"reason": "This is a news article from Romania Insider discussing potential takeover talks between Leroy Merlin and Brico Depot. Romania Insider is a reputable source for business news in Romania.",
"reliability_score": 0.8,
"search_query": "company 'Brico' customers stakeholders",
"summary": "This is a news article from Romania Insider discussing potential takeover talks between Leroy Merlin and Brico Depot. Romania Insider is a reputable source for business news in Romania.",
"url": "https://www.romania-insider.com/leroy-merlin-brico-depot-takeover-talks-sept-2024"
},
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"origin": "public",
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"resource_type": "webpage",
"source": "https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU"
},
"page_content": "[ Financial Times ](/)\n\n# Company Announcements\n\n[ Kingfisher PLC ](/data/equities/tearsheet/summary?s=KFI1:BER)\n\n### Final Results (Part 2 of 2)\n\n * [ Twitter ](https://twitter.com/intent/tweet?url=https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU&text=Final+Results+\\(Part+2+of+2\\)+&related=&via=FT)\n * [ Facebook ](http://www.facebook.com/sharer.php?u=https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU)\n * [ LinkedIn ](http://www.linkedin.com/shareArticle?mini=true&url=https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU&title=Final+Results+\\(Part+2+of+2\\)+&summary=&source=Financial+Times)\n * [ GooglePlus ](https://plus.google.com/share?url=https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU)\n * [ Pinterest ](http://www.pinterest.com/pin/create/button/?url=https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU&description=Final+Results+\\(Part+2+of+2\\)+)\n\n[ __ ](/data/announce/full?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU) __\n\nMar 25 2025 07:00 BST Source: RNS\n\nRNS Number : 9552B\n\nKingfisher PLC\n\n25 March 2025\n\nConsolidated income statement | \n \n---|--- \nYear ended 31 January 2025 | \n \n \n| \n| \n| \n \n \n| \n| \n| \n| 2024/25 | 2023/24 \n \n| \n| Before adjusting items | Adjusting items (note 4) | \n| Before adjusting items | Adjusting items (note 4) | \n \n\u00a3 millions | Notes | Total | Total \nSales | 3 | 12,784 | \\- | 12,784 | 12,980 | \\- | 12,980 \nCost of sales | \n| (8,021) | \\- | (8,021) | (8,204) | \\- | (8,204) \nGross profit | \n| 4,763 | \\- | 4,763 | 4,776 | \\- | 4,776 \nSelling and distribution expenses | \n| (3,122) | (99) | (3,221) | (3,143) | (87) | (3,230) \nAdministrative expenses | \n| (1,018) | (97) | (1,115) | (982) | (8) | (990) \nOther income | \n| 20 | \\- | 20 | 23 | 2 | 25 \nOther expenses | \n| \\- | (25) | (25) | \\- | \\- | \\- \nShare of post-tax results of joint ventures and associates | \n| (15) | \\- | (15) | (1) | \\- | (1) \nOperating profit | 3 | 628 | (221) | 407 | 673 | (93) | 580 \nFinance costs | \n| (132) | \\- | (132) | (133) | \\- | (133) \nFinance income | \n| 32 | \\- | 32 | 28 | \\- | 28 \nNet finance costs | 5 | (100) | \\- | (100) | (105) | \\- | (105) \nProfit before taxation | \n| 528 | (221) | 307 | 568 | (93) | 475 \nIncome tax expense | 6 | (147) | 25 | (122) | (153) | 23 | (130) \nProfit for the year | | 381 | (196) | 185 | 415 | (70) | 345 \n| \n| | | | \n| \n| \n \n \n| \n| | | | \n| \n| \n \nEarnings per share | 7 | | | | \n| \n| \n \nBasic | \n| | | 10.1 | \n| \n| 18.2p \nDiluted | \n| | | 9.9 | \n| \n| 18.0p \nAdjusted basic | \n| | | 20.7 | \n| \n| 21.9p \nAdjusted diluted | \n| | | 20.4 | \n| \n| 21.6p \n \n| \n| | | | \n| \n| \n \n \n| \n| \n| \n| \n| \n| \n| \n| \n \n \nThe proposed dividend for the year ended 31 January 2025, subject to approval\nby shareholders at the Annual General Meeting, is 12.40p per share, comprising\nan interim dividend of 3.80p in respect of the six months ended 31 July 2024\nand a final dividend of 8.60p.\n\n \n \n\nConsolidated statement of comprehensive income Year ended 31 January 2025 | | \n| \n \n---|---|---|--- \n\u00a3 millions | Notes | 2024/25 | 2023/24 \nProfit for the year | \n| 185 | 345 \nRemeasurements of post-employment benefits | 9 | (11) | (42) \nInventory cash flow hedges - fair value gains/(losses) | \n| 22 | (32) \nTax on items that will not be reclassified | \n| 28 | 28 \nTotal items that will not be reclassified subsequently to profit or loss | \n| 39 | (46) \nCurrency translation differences | \n| | \n \nGroup | \n| (25) | (3) \nJoint ventures and associates | \n| 6 | (1) \nTransferred to income statement | \n| \\- | (2) \nInventory cash flow hedges - losses transferred to income statement | \n| 1 | 12 \nTax on items that may be reclassified | \n| \\- | (2) \nTotal items that may be reclassified subsequently to profit or loss | \n| (18) | 4 \nOther comprehensive income/(expense) for the year | \n| 21 | (42) \nTotal comprehensive income for the year | \n| 206 | 303 \n \n| \n| \n| \n| \n \n \n \n \n\nConsolidated statement of changes in equity Year ended 31 January 2025 | \n---|--- \n \n| \n| \n| \n| \n| \n| \n| \n| 2024/25 \n\u00a3 millions | Notes | Share capital | Share premium | Own shares held | Retained earnings | Capital redemption reserve | Other reserves | Total equity \nAt 1 February 2024 | | 294 | 2,228 | (31) | 3,741 | 82 | 290 | 6,604 \nProfit for the year | | \\- | \\- | \\- | 185 | \\- | \\- | 185 \nOther comprehensive income/(expense) for the year | | \\- | \\- | \\- | 23 | \\- | (2) | 21 \nTotal comprehensive income/(expense) for the year | | \\- | \\- | \\- | 208 | \\- | (2) | 206 \nInventory cash flow hedges - losses transferred to inventories | | \\- | \\- | \\- | \\- | \\- | 15 | 15 \nShare-based compensation | | \\- | \\- | \\- | 20 | \\- | \\- | 20 \nNew shares issued under share schemes | | \\- | \\- | \\- | 2 | \\- | \\- | 2 \nOwn shares issued under share schemes | | \\- | \\- | 23 | (23) | \\- | \\- | \\- \nPurchase of own shares for cancellation | \n| (12) | \\- | \\- | (251) | 12 | \\- | (251) \nPurchase of own shares for ESOP trust | \n| \\- | \\- | (26) | \\- | \\- | \\- | (26) \nDividends | 8 | \\- | \\- | \\- | (228) | \\- | \\- | (228) \nTax on equity items | \n| \\- | \\- | \\- | 6 | \\- | (4) | 2 \nAt 31 January 2025 | | 282 | 2,228 | (34) | 3,475 | 94 | 299 | 6,344 \n \n| \n| \n| \n| \n| \n| \n| \n| \n \n \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n \n \n \n| \n| \n| \n| \n| \n| \n| \n| 2023/24 \n---|---|---|---|---|---|---|---|--- \n\u00a3 millions | Notes | Share capital | Share premium | Own shares held | Retained earnings | Capital redemption reserve | Other reserves | Total equity \nAt 1 February 2023 | | 305 | 2,228 | (22) | 3,796 | 71 | 285 | 6,663 \nProfit for the year | | \\- | \\- | \\- | 345 | \\- | \\- | 345 \nOther comprehensive expense for the year | | \\- | \\- | \\- | (20) | \\- | (22) | (42) \nTotal comprehensive income/(expense) for the year | | \\- | \\- | \\- | 325 | \\- | (22) | 303 \nInventory cash flow hedges - losses transferred to inventories | | \\- | \\- | \\- | \\- | \\- | 33 | 33 \nShare-based compensation | | \\- | \\- | \\- | 22 | \\- | \\- | 22 \nNew shares issued under share schemes | | \\- | \\- | \\- | 4 | \\- | \\- | 4 \nOwn shares issued under share schemes | | \\- | \\- | 15 | (15) | \\- | \\- | \\- \nPurchase of own shares for cancellation | \n| (11) | \\- | \\- | (153) | 11 | \\- | (153) \nPurchase of own shares for ESOP trust | \n| \\- | \\- | (24) | \\- | \\- | \\- | (24) \nDividends | 8 | \\- | \\- | \\- | (237) | \\- | \\- | (237) \nTax on equity items | \n| \\- | \\- | \\- | (1) | \\- | (6) | (7) \nAt 31 January 2024 | | 294 | 2,228 | (31) | 3,741 | 82 | 290 | 6,604 \n \n| \n| \n| \n| \n| \n| \n| \n| \n \n \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n \n \n \n \n\nConsolidated balance sheet | \n| | \n \n---|---|---|--- \nAt 31 January 2025 | \n| | \n \n \n| \n| \n| \n \n\u00a3 millions | Notes | 2024/25 | 2023/24 \nNon-current assets | \n| \n| \nGoodwill | \n| 2,312 | 2,398 \nOther intangible assets | \n| 312 | 368 \nProperty, plant and equipment | \n| 3,105 | 3,206 \nInvestment property | \n| 34 | 27 \nRight-of-use assets | \n| 1,771 | 1,881 \nInvestments in joint ventures and associates | \n| 29 | 19 \nPost-employment benefits | 9 | 202 | 212 \nDeferred tax assets | \n| 7 | 10 \nOther tax authority asset | 12 | \\- | 68 \nDerivative assets | \n| 2 | \\- \nOther receivables | \n| 11 | 15 \n \n| \n| 7,785 | 8,204 \nCurrent assets | \n| | \n \nInventories | \n| 2,719 | 2,914 \nTrade and other receivables | \n| 276 | 344 \nDerivative assets | \n| 22 | 2 \nCurrent tax assets | \n| 78 | 73 \nOther tax authority asset | 12 | 69 | \\- \nCash and cash equivalents | \n| 336 | 360 \nAssets held for sale | \n| 158 | 3 \n \n| \n| 3,658 | 3,696 \nTotal assets | \n| 11,443 | 11,900 \n \n| \n| | \n \nCurrent liabilities | \n| | \n \nTrade and other payables | \n| (2,355) | (2,445) \nBorrowings | \n| (108) | (7) \nLease liabilities | \n| (345) | (366) \nDerivative liabilities | \n| (5) | (23) \nCurrent tax liabilities | \n| (6) | (12) \nProvisions | \n| (16) | (9) \nLiabilities directly associated with assets held for sale | \n| (92) | \\- \n \n| \n| (2,927) | (2,862) \nNon-current liabilities | \n| | \n \nOther payables | \n| (2) | (3) \nBorrowings | \n| (1) | (102) \nLease liabilities | \n| (1,866) | (2,001) \nDerivative liabilities | \n| \\- | (1) \nDeferred tax liabilities | \n| (193) | (207) \nProvisions | \n| (9) | (7) \nPost-employment benefits | 9 | (101) | (113) \n \n| \n| (2,172) | (2,434) \nTotal liabilities | \n| (5,099) | (5,296) \nNet assets | \n| 6,344 | 6,604 \n \n| \n| | \n \nEquity | \n| | \n \nShare capital | \n| 282 | 294 \nShare premium | \n| 2,228 | 2,228 \nOwn shares held in ESOP trust | \n| (34) | (31) \nRetained earnings | \n| 3,475 | 3,741 \nCapital redemption reserve | \n| 94 | 82 \nOther reserves | \n| 299 | 290 \nTotal equity | \n| 6,344 | 6,604 \n \nThe financial statements were approved by the Board of Directors on 24 March\n2025 and signed on its behalf by:\n\nThierry Garnier Bhavesh Mistry\n\nChief Executive Officer Chief Financial Officer\n\n \n\n \n\nConsolidated cash flow statement | \n---|--- \nYear ended 31 January 2025 | \n \n \n| \n \n\u00a3 millions | Notes | 2024/25 | 2023/24 \nOperating activities | \n| | \n \nCash generated by operations | 10 | 1,411 | 1,438 \nIncome tax paid | \n| (109) | (117) \nNet cash flows from operating activities | | 1,302 | 1,321 \n \n| | | \n \nInvesting activities | | | \n \nPurchase of property, plant and equipment and intangible assets | \n| (317) | (363) \nProceeds from disposals of property, plant and equipment, intangible assets and assets held for sale | \n| 2 | 2 \nPurchase of businesses | \n| \\- | (3) \nJoint venture capital contributions | \n| (19) | \\- \nDisposal of subsidiaries and associates, net of cash disposed | \n| (3) | 9 \nInterest received | | 23 | 16 \nInterest element of lease rental receipts | | 1 | 1 \nPrincipal element of lease rental receipts | | 2 | 3 \nAdvance payments on right-of-use assets | | (5) | (4) \nNet cash flows used in investing activities | | (316) | (339) \n \n| | | \n \nFinancing activities | | | \n \nInterest paid | | (8) | (7) \nInterest element of lease rental payments | | (123) | (126) \nPrincipal element of lease rental payments | | (387) | (348) \nArrangement fees paid | | (2) | \\- \nNew shares issued under share schemes | | 2 | 4 \nPurchase of own shares for cancellation | | (225) | (160) \nPurchase of own shares for ESOP trust | | (26) | (24) \nOrdinary dividends paid to equity shareholders of the Company | 8 | (228) | (237) \nNet cash flows used in financing activities | | (997) | (898) \nNet (decrease)/increase in cash and cash equivalents and bank overdrafts | | (11) | 84 \nCash and cash equivalents and bank overdrafts at beginning of year | \n| 353 | 270 \nExchange differences | | (6) | (1) \nCash and cash equivalents and bank overdrafts at end of year | 11 | 336 | 353 \n \nCash and cash equivalents and bank overdrafts at the end of the year include\n\u00a39m of cash included within assets held for sale on the balance sheet\n(2023/24: \u00a3nil).\n\n \n \n\nNotes\n\n1 General information\n\nKingfisher plc ('the Company'), its subsidiaries, joint ventures and\nassociates (together 'the Group') supply home improvement products and\nservices through a network of retail stores and other channels, located mainly\nin the United Kingdom and continental Europe.\n\nThe Company is incorporated in England and Wales, United Kingdom, and is\nlisted on the London Stock Exchange. The address of its registered office is\nOne Paddington Square, London, W2 1GG.\n\n2 Basis of preparation\n\nThe consolidated financial statements of the Company, its subsidiaries, joint\nventures and associates are made up to 31 January. The current financial year\nis the year ended 31 January 2025 ('the year' or '2024/25'). The comparative\nfinancial year is the year ended 31 January 2024 ('the prior year' or\n'2023/24').\n\nThe condensed financial information, which comprises the consolidated income\nstatement, consolidated statement of comprehensive income, consolidated\nstatement of changes in equity, consolidated balance sheet, consolidated cash\nflow statement and related notes do not constitute statutory financial\nstatements for the year ended 31 January 2025, but are derived from those\nstatements. Statutory financial statements for 2023/24 have been filed with\nthe Registrar of Companies and those for 2024/25 will be filed in due course.\nThe Group's auditors have reported on both years' accounts; their reports were\nunqualified and did not contain statements under Section 498 (2) or (3) of the\nCompanies Act 2006.\n\nThe condensed financial information has been abridged from the 2024/25\nstatutory financial statements, which have been prepared in accordance with\nUnited Kingdom adopted international accounting standards and International\nFinancial Reporting Standards (IFRS Standards). The financial statements have\nalso been prepared in accordance with International Financial Reporting\nStandards as issued by the IASB. The consolidated income statement and related\nnotes represent results for continuing operations, there being no discontinued\noperations in the years presented. The condensed financial information has\nbeen prepared under the historical cost convention, as modified by the use of\nvaluations for certain financial instruments, share-based payments and post-\nemployment benefits.\n\nGoing concern\n\nBased on the Group's liquidity position and cash flow projections, including a\nforward--looking remote downside scenario, the Directors have a reasonable\nexpectation that the Company and the Group have adequate resources to continue\nin operational existence for the foreseeable future, a period of at least 12\nmonths from the date on which the financial statements are authorised for\nissue, and they continue to adopt the going concern basis of accounting in\npreparing the consolidated financial statements for the year ended 31 January\n2025.\n\nThe financial position of the Group, its cash flows, liquidity position and\nborrowing facilities are described in the Financial Review in part 1 of this\nannouncement. The Directors have considered these areas alongside the\nprincipal risks and how they may impact the going concern assessment. Further\ndetails, including the analysis performed and conclusions reached, are set out\nbelow.\n\nAs of 31 January 2025, Kingfisher had access to \u00a3986m of liquidity, comprising\ncash and cash equivalents (net of bank overdrafts and including cash held for\nsale) of \u00a3336m and access to an undrawn Revolving Credit Facility (RCF) of\n\u00a3650m (which expires at the end of May 2027). The ratio of net debt to\nAdjusted EBITDA was 1.6 as of 31 January 2025.\n\nIn considering whether the Group's financial statements can be prepared on a\ngoing concern basis, the Directors have reviewed the Group's business\nactivities together with factors likely to affect its performance, financial\nposition and access to liquidity (including consideration of financial\ncovenants and credit ratings).\n\nThe terms of the RCF require that the ratio of Group operating profit\n(excluding adjusting items) to net interest payable (excluding interest on\nlease liabilities) must be no less than 3:1 for the preceding 12 months as at\nthe half and full year-ends. As of 31 January 2025, Kingfisher was compliant\nwith this requirement.\n\nIn forming their outlook on the future financial performance, the Directors\nconsidered the risk of higher business volatility and the potential negative\nimpact of the general economic environment on household and trade spend.\n\nThe Directors' review also included consideration of a remote scenario that\nmodels the impact of a significant demand or supply shock preventing the Group\nfrom realising a large part of its sales over the period of a month followed\nby subdued demand for the remainder of the year. The total loss of sales in\nthis scenario is c.\u00a31.5bn (12% over the impacted period). The scenario assumes\nthe impact of lost sales is partially offset by a limited set of mitigating\nactions on variable and discretionary costs, capital expenditure and the\nsuspension of capital returns to shareholders. Even under this remote\nscenario, which requires drawing on the RCF for a few months, the Group\nretains headroom on its credit facilities.\n\nGiven current trading and expectations for the business, the Directors believe\nthat this scenario reflects a remote outcome for the Group. Should a more\nextreme scenario occur than currently modelled by the Directors under this\nremote scenario, the Group would need to implement additional operational or\nfinancial measures.\n\nAccounting policies\n\nThe accounting policies adopted are consistent with those of the annual\nfinancial statements for the year ended 31 January 2024, as described in note\n2 of those financial statements.\n\nCritical accounting judgements and key sources of estimation uncertainty\n\nThe critical accounting judgements and key sources of estimation uncertainty\nare consistent with those of the annual financial statements for the year\nended 31 January 2024, as described in note 3 of those financial statements,\nexcept where set out below.\n\nFollowing the reallocation of goodwill balances to retail banners (refer to\nnote 2), an impairment charge of \u00a384m was recorded in relation to the goodwill\nassociated with Castorama France, resulting from higher discount rates and\nrevised financial projections. In addition, impairment of Castorama France\ngoodwill has been added as a new 'Key source of estimation uncertainty' given\nthe risk of further material impairments over the next 12 months.\n\nIn September 2024, the European Court of Justice annulled the decision in\nrelation to the European Commission's previous ruling in relation to the state\naid investigation into the Group Financing Exemption section of the UK\nControlled Foreign Company rules. As a result, this is no longer considered to\nbe a critical accounting judgment.\n\nNew and amended accounting standards\n\nNew standards, amendments and interpretations are in issue and effective for\nthe Group's financial year ended 31 January 2025, but they do not have a\nmaterial impact on the consolidated financial statements.\n\nUse of non-GAAP measures\n\nIn the reporting of financial information, the Group uses certain measures\nthat are not required under IFRS, the generally accepted accounting principles\n('GAAP') under which the Group reports. Kingfisher believes that retail\nprofit, adjusted pre-tax profit, adjusted effective tax rate, and adjusted\nearnings per share provide additional useful information on performance and\ntrends to shareholders. These and other non-GAAP measures (also known as\n'Alternative Performance Measures'), such as net debt, are used by Kingfisher\nfor internal performance analysis and incentive compensation arrangements for\nemployees. The terms 'retail profit', 'adjusting items', 'adjusted', 'adjusted\neffective tax rate', 'net cashflow' and 'net debt' are not defined terms under\nIFRS and may therefore not be comparable with similarly titled measures\nreported by other companies. They are not intended to be a substitute for, or\nsuperior to, GAAP measures.\n\nRetail profit is defined as continuing profit before tax before central costs,\nthe Group's share of interest and tax of joint ventures and associates,\nadjusting items and net finance costs. Central costs principally comprise the\ncosts of the Group's head office before adjusting items.\n\nAdjusting items, which are presented separately within their relevant income\nstatement category, include items which by virtue of their size and/or nature,\ndo not reflect the Group's ongoing trading performance. Adjusting items may\ninclude, but are not limited to:\n\n\u00b7 non-trading items included in operating profit such as profits and losses\non the disposal, closure, exit or impairment of subsidiaries, joint ventures,\nassociates and investments which do not form part of the Group's ongoing\ntrading activities;\n\n\u00b7 the costs of significant restructuring and incremental acquisition\nintegration costs;\n\n\u00b7 profits and losses on the disposal/exit of properties, impairments of\ngoodwill and significant impairments (or impairment reversals) of other non-\ncurrent assets, which the Group identifies as adjusting due to volatility\nwhich can arise year on year based on future forecasts and assumptions;\n\n\u00b7 prior year tax items (including the impact of changes in tax rates on\ndeferred tax), significant one-off tax settlements and provision\ncharges/releases and the tax effects of other adjusting items;\n\n\u00b7 financing fair value remeasurements i.e. changes in the fair value of\nfinancing derivatives, excluding interest accruals, offset by fair value\nadjustments to the carrying amount of borrowings and other hedged items under\nfair value (or non-designated) hedge relationships. Financing derivatives are\nthose that relate to hedged items of a financing nature.\n\nThe term 'adjusted' refers to the relevant measure being reported for\ncontinuing operations excluding adjusting items.\n\nThe adjusted effective tax rate is calculated as continuing income tax expense\nexcluding prior year tax items (including the impact of changes in tax rates\non deferred tax), significant one-off tax settlements and provision\ncharges/releases and the tax effects of other adjusting items, divided by\ncontinuing profit before taxation excluding adjusting items. Prior year tax\nitems represent income statement tax relating to underlying items originally\narising in prior years, including the impact of changes in tax rates on\ndeferred tax. The exclusion of items relating to prior years, and those not in\nthe ordinary course of business, helps provide a better indication of the\nGroup's ongoing rate of tax.\n\nNet debt comprises lease liabilities, borrowings and financing derivatives\n(excluding accrued interest) less cash and cash equivalents and short-term\ndeposits, including such balances classified as held for sale.\n\nRefer to the Financial Review for definitions of all of the Group's\nAlternative Performance Measures, including further information on why they\nare used and details of where reconciliations to statutory measures can be\nfound where applicable.\n\nSegmental analysis\n\nDetermination of operating segments\n\nFollowing the dissolution of the 'France'-level management structure during\nthe year, the change in internal reporting structures, and in consideration of\nthe increase in retail banner autonomy under the Group's 'Powered by\nKingfisher' strategy, the Group has reassessed its determination of operating\nsegments against the criteria defined under IFRS 8 - Operating segments.\n\nFollowing this change in the management structure and resulting reassessment,\nthe Group has concluded that each retail banner now represents a separate\noperating segment. The retail banner level determination of operating segments\nprimarily impacts the Groups' banners located in the UK & Ireland (i.e. B&Q UK\n& Ireland and Screwfix UK & Ireland) and France (i.e. Castorama France and\nBrico D\u00e9p\u00f4t France) where the operating segments have historically been\nidentified at a geographical level. This change does not have any impact on\nthe existing determination of operating segments for the Group's retail\nbanners outside of the UK & Ireland and France as there is only one retail\nbanner within each of the geographical locations.\n\nDetermination of reportable segments\n\nIn consideration of the change in determination of operating segments, the\nGroup has reassessed its reportable segments in line with the requirements of\nIFRS 8. Following this reassessment and in consideration of the quantitative\nresults of the segments in the current period, it was considered appropriate\nthat the reportable segments should be UK & Ireland, France and Poland. Within\nboth the UK & Ireland and France reportable segments, operating segments\ndetermined at the retail banner level have been aggregated to form reportable\nsegments (i.e. B&Q and Screwfix in the UK & Ireland and Castorama and Brico\nD\u00e9p\u00f4t in France). Upon aggregation, it was identified that the UK & Ireland\nand France segments meet the quantitative criteria to be defined as reportable\nsegments. Screwfix France has not been aggregated as part of the France\nreportable segment due to its level of maturity relative to Castorama France\nand Brico D\u00e9p\u00f4t France. As the Poland operating segment meets the IFRS 8\nquantitative threshold to be a reportable segment it has been separated from\nthe 'Other International' combined segment and presented as a separate\nreportable segment. Other operating segments, which do not individually meet\nthe definition of a reportable segment, have been combined and are presented\nas 'Other International'.\n\nGoodwill impairment testing implications\n\nAs a result of the change to a retail banner level determination of operating\nsegments, the goodwill balances previously allocated to the UK & Ireland and\nFrance CGUs have been reallocated to the retail banners within those\ngeographical areas (i.e. B&Q and Screwfix in the UK & Ireland and Castorama\nand Brico D\u00e9p\u00f4t in France), and tested for impairment at that level. Within\nPoland there is only one retail banner and so no reallocation is required. In\nline with 'IAS 36 - Impairment of Assets', where undergoing reporting\nstructure changes, goodwill should be reallocated using a 'relative value'\napproach. The Group has determined that each retail banners' relative value-\nin-use represents the most appropriate methodology to determine 'relative\nvalue' and has reallocated the goodwill balances on this basis.\n\nFollowing the above reallocation of goodwill balances to retail banners, an\nimpairment charge of \u00a384m was recorded in relation to the goodwill associated\nwith Castorama France. In addition, impairment of Castorama France goodwill\nhas been added as a new 'Key source of estimation uncertainty' given the risk\nof further material impairment over the next 12 months.\n\nPrincipal rates of exchange against Sterling\n\n \n| \n| 2024/25 | \n| 2023/24 \n---|---|---|---|--- \n \n| Average rate | Year end rate | Average rate | Year end rate \nEuro | 1.18 | 1.20 | 1.15 | 1.17 \nUS Dollar | 1.28 | 1.24 | 1.25 | 1.27 \nPolish Zloty | 5.08 | 5.04 | 5.20 | 5.08 \nRomanian Leu | 5.89 | 5.95 | 5.71 | 5.83 \nTurkish Lira 1 | 44.38 | 44.38 | 38.64 | 38.64 \n \n1 the Turkish Lira average exchange rates represent the closing rates for the\nyear, due to the application of hyperinflation accounting in Turkey.\n\n3 Segmental analysis\n\nIncome statement\n\n \n| \n| 2024/25 \n---|---|--- \n \n| \n| \n| \n| \n| \n| \n \n \n| \n| UK & Ireland | France | Poland | Other International | Total \nSales | | 6,456 | 3,883 | 1,788 | 657 | 12,784 \nRetail profit/(loss) | | 558 | 95 | 90 | (47) | 696 \nCentral costs | | | | | | (62) \nShare of interest and tax of joint ventures and associates | | | | | | (6) \nAdjusting items | | | | | | (221) \nOperating profit | | | | | | 407 \nNet finance costs | | | | | | (100) \nProfit before taxation | | | | | | 307 \n \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n \n \n \n| \n| 2023/24 (re-presented 1 ) \n---|---|--- \n \n| \n| \n| \n| \n| \n| \n \n \n| \n| UK & Ireland | France | Poland | Other International | Total \nSales | \n| 6,387 | 4,246 | 1,694 | 653 | 12,980 \nRetail profit/(loss) | \n| 555 | 139 | 82 | (27) | 749 \nCentral costs | \n| \n| \n| \n| \n| (60) \nShare of interest and tax of joint ventures and associates | \n| \n| \n| \n| \n| (16) \nAdjusting items | \n| \n| \n| \n| \n| (93) \nOperating profit | \n| \n| \n| \n| \n| 580 \nNet finance costs | \n| \n| \n| \n| \n| (105) \nProfit before taxation | \n| \n| \n| \n| \n| 475 \n \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n| \n \n \n1 The Group has reassessed its determination of operating and reportable\nsegments in the year. Following this reassessment, Poland is now determined to\nbe a separate reportable segment and has been separated from the 'Other\nInternational' combination of operating segments. Other operating segments,\nwhich do not individually meet the definition of a reportable segment,\ncontinue to be combined and are presented as 'Other International'. As a\nresult, the 2023/24 segmental disclosures presented above have been re-\npresented to reflect this revised determination of reportable segments. There\nare no changes to the Group's reportable segments in the UK & Ireland and\nFrance.\n\nThe Group's operating segments are based on the information reported\ninternally to the Board of Directors and Group Executive, and are generally\ndetermined to be the retail banners operating in each geographical area (i.e.\nB&Q and Screwfix in the UK & Ireland, Castorama, Brico D\u00e9p\u00f4t and Screwfix in\nFrance, Castorama in Poland, Brico D\u00e9p\u00f4t in Iberia, Brico D\u00e9p\u00f4t in Romania and\nKo\u00e7ta\u015f, the Group's joint venture in Turkey). NeedHelp, an online services\nmarketplace, and the Group's franchising and wholesaling operation are also\ndetermined to be operating segments. On 18 July 2024, the Group completed the\ndivestment of its c.80% equity interest in NeedHelp.\n\nThe reportable segments disclosed above are based on the geographical areas in\nwhich the Group operates. Within both the UK & Ireland and France reportable\nsegments, operating segments determined at the retail banner level have been\naggregated to form reportable segments (i.e. B&Q and Screwfix in the UK &\nIreland and Castorama and Brico D\u00e9p\u00f4t in France). Other operating segments,\nwhich do not individually meet the definition of a reportable segment, are\ncombined and presented as 'Other International', consisting of Brico D\u00e9p\u00f4t\nIberia, Brico D\u00e9p\u00f4t Romania, Screwfix France, Ko\u00e7ta\u015f, NeedHelp and results\nfrom franchising and wholesaling operations. Screwfix France has not been\naggregated as part of the France reportable segment due to its level of\nmaturity relative to Castorama and Brico D\u00e9p\u00f4t France.\n\nThe principal activities of the Group are the supply of home improvement\nproducts and services. The majority of the sales in each segment are derived\nfrom in-store and online sales of products.\n\nCentral costs principally comprise the costs of the Group's head office before\nadjusting items.\n\n \n\n# 4 Adjusting items\n\n\u00a3 millions | 2024/25 | 2023/24 \n---|---|--- \nIncluded within selling and distribution expenses | | \nNet store asset impairment losses | (94) | (76) \nOperating model restructuring | (5) | (11) \n| (99) | (87) \nIncluded within administrative expenses | \n| \n \nCastorama France goodwill impairment | (84) | \\- \nCastorama France head office restructuring | (15) | \\- \nUK guaranteed minimum pension credit | 2 | \\- \nNeedHelp goodwill impairment | \\- | (8) \n \n| (97) | (8) \nIncluded within other income/(expenses) | | \n \nImpairments of Romania assets and other exit costs | (22) | \\- \nLoss on disposal of NeedHelp | (3) | \\- \nProfit on disposal of Crealfi associate investment | \\- | 2 \n \n| (25) | 2 \nAdjusting items before tax | (221) | (93) \nPrior year and other adjusting tax items | 25 | 23 \nAdjusting items | (196) | (70) \n| | \n \n \nAgainst the context of our performance in FY 24/25, we have revised future\nfinancial projections for a number of stores across the Group's portfolio.\nThese revised projections, combined with the impact of higher discount rates\nin France, have resulted in the recognition of \u00a394m of net store impairment\ncharges in the year. Impairment charges of \u00a3118m have been recorded\nprincipally in France and the UK, partially offset by impairment reversals of\n\u00a324m principally in France, driven by higher property market values.\n\nDuring the prior year, the Group commenced formal consultations with employee\nrepresentatives regarding the Group's technology operating model restructuring\nprogramme. Charges of \u00a35m were recorded in the year relating to this\nprogramme, which has now been completed.\n\nFollowing the Group's reassessment of operating and reportable segments (refer\nto note 2) and the resulting reallocation of goodwill balances to retail\nbanners, an impairment charge of \u00a384m was recorded in relation to the goodwill\nassociated with Castorama France, resulting from increased discount rates and\nrevised financial projections.\n\nDuring the year, the Group held formal consultations with employee\nrepresentatives regarding a head office restructuring programme in Castorama\nFrance. Restructuring costs of \u00a315m have been recognised related to this\nprogramme, primarily relating to redundancy costs. No additional adjusting\ncosts expected to be incurred relating to this programme.\n\nDuring the year, we updated the methodology under which the liability relating\nto guaranteed minimum pension equalisation is calculated for the UK defined\nbenefit scheme, to reflect the methodology chosen by the Trustees, resulting\nin a \u00a32m credit.\n\nIn December 2024, the Group announced that it had reached an agreement to\ndispose of its 100% interest in its Brico D\u00e9p\u00f4t Romania business for an\nenterprise value of \u00a358m. The sale is expected to complete during the first\nhalf of 2025/26. Adjusting charges of \u00a322m have been recognised in the year\nrelating to this disposal, principally relating to impairment charges\nrecognised on classification of the business as held for sale, and other exit\ncosts.\n\nDuring the year, the Group completed the disposal of its c.80% interest in\nNeedHelp for nil proceeds, resulting in a loss on disposal of \u00a33m.\n\nPrior year and other adjusting tax items relate principally to deferred tax\ncredits recorded in respect of the impairment and restructuring expenses noted\nabove, movements in prior year provisions to reflect a reassessment of\nexpected outcomes, agreed positions with tax authorities and items that have\ntime-expired. \n \n\n# 5 Net finance costs\n\n#\n\n\u00a3 millions | 2024/25 | 2023/24 \n---|---|--- \nBank overdrafts, bank loans and derivatives | (1) | \\- \nFixed term debt | (8) | (7) \nLease liabilities | (123) | (126) \nFinance costs | (132) | (133) \n| | \n \nCash and cash equivalents and short-term deposits | 22 | 16 \nNet interest income on defined benefit pension schemes | 7 | 7 \nFinance lease income | 1 | 1 \nOther interest income | 2 | 4 \nFinance income | 32 | 28 \n| | \n \nNet finance costs | (100) | (105) \n \n# 6 Income tax expense\n\n\u00a3 millions | 2024/25 | 2023/24 \n---|---|--- \nUK corporation tax | \n| \nCurrent tax on profits for the year | (79) | (73) \nAdjustments in respect of prior years | 4 | 2 \n| (75) | (71) \nOverseas tax | | \n \nCurrent tax on profits for the year | (26) | (37) \nAdjustments in respect of prior years | 4 | 8 \n| (22) | (29) \nCurrent tax | (97) | (100) \n| | \n \nDeferred tax | | \n \nCurrent year | (13) | (25) \nAdjustments in respect of prior years | (12) | (4) \nAdjustments in respect of changes in tax rates | \\- | (1) \nDeferred tax | (25) | (30) \n| | \n \nIncome tax expense | (122) | (130) \n \nThe adjusted effective tax rate on profit before adjusting items is 28%\n(2023/24: 27%). The adjusted effective tax rate calculation is set out in the\nFinancial Review in part 1 of this announcement.\n\n# 7 Earnings per share\n\nPence | \n| 2024/25 | 2023/24 \n---|---|---|--- \nBasic earnings per share | | 10.1 | 18.2 \nEffect of dilutive share options per share | | (0.2) | (0.2) \nDiluted earnings per share | | 9.9 | 18.0 \n| | | \n \nBasic earnings per share | | 10.1 | 18.2 \nAdjusting items before tax per share | | 12.0 | 4.9 \nPrior year and other adjusting tax items per share | | (1.4) | (1.2) \nAdjusted basic earnings per share | | 20.7 | 21.9 \n| | | \n \nDiluted earnings per share | | 9.9 | 18.0 \nAdjusting items before tax per share | | 11.8 | 4.8 \nPrior year and other adjusting tax items per share | | (1.3) | (1.2) \nAdjusted diluted earnings per share | | 20.4 | 21.6 \n| | \n| \n \n \n| \n| \n| \n| \n \n \nBasic earnings per share is calculated by dividing the profit for the year\nattributable to equity shareholders of the Company by the weighted average\nnumber of shares in issue during the year, including vested but contingently\nissuable shares and excluding those held in the Employee Share Ownership Plan\ntrust ('ESOP trust') which for the purpose of this calculation are treated as\ncancelled.\n\nFor diluted earnings per share, the weighted average number of shares is\nadjusted to assume conversion of all dilutive potential ordinary shares. These\nrepresent share options granted to employees where both the exercise price is\nless than the average market price of the Company's shares during the year and\nany related performance conditions have been met.\n\nThe calculation of basic and diluted earnings per share is based on the profit\nfor the year attributable to equity shareholders of the Company. A\nreconciliation of statutory earnings to adjusted earnings is set out below:\n\n \n| \n| \n| \n \n---|---|---|--- \n\u00a3 millions | \n| 2024/25 | 2023/24 \nEarnings | | 185 | 345 \nAdjusting items before tax | | 221 | 93 \nPrior year and other adjusting tax items | | (25) | (23) \nAdjusted earnings | | 381 | 415 \n| | \n| \n \n \n| \n| \n| \n| \n| \n| \n| \n \n \nThe weighted average number of shares in issue during the year, excluding\nthose held in the Employee Share Ownership Plan Trust ('ESOP trust'), is set\nout below:\n\n \n| \n| \n| \n \n---|---|---|--- \nWeighted average number of shares (millions) | \n| 2024/25 | 2023/24 \nBasic | | 1,838 | 1,898 \nEffect of dilutive potential ordinary shares | | 29 | 23 \nDiluted | | 1,867 | 1,921 \n \n| \n| \n| \n| \n| \n \n \n# 8 Dividends\n\n\u00a3 millions | 2024/25 | 2023/24 \n---|---|--- \nDividends paid to equity shareholders of the Company | \n| \n \nOrdinary interim dividend for the year ended 31 January 2025 of 3.80p per share (year ended 31 January 2024: 3.80p per share) | 69 | 72 \nOrdinary final dividend for the year ended 31 January 2024 of 8.60p per share (year ended 31 January 2023: 8.60p per share) | 159 | 165 \n \n| 228 | 237 \n \nThe proposed dividend for the year ended 31 January 2025, subject to approval\nby shareholders at the Annual General Meeting, is 12.40p per share, comprising\nan interim dividend of 3.80p in respect of the six months ended 31 July 2024\nand a final dividend of 8.60p. The total final dividend for the year ended 31\nJanuary 2025 based on the issued share capital as at 31 January 2025 is\nexpected to be c.\u00a3154m. The final amount may vary depending on share movements\nbetween the balance sheet and payment date.\n\n \n\n# 9 Post-employment benefits\n\n \n| 2024/25 | 2023/24 \n---|---|--- \n\u00a3 millions | UK | Overseas | Total | UK | Overseas | Total \nNet surplus/(deficit) in schemes \nat beginning of year | 212 | (113) | 99 | 251 | (114) | 137 \nCurrent service cost | (3) | (7) | (10) | (3) | (8) | (11) \nPast service credit | 2 | 13 | 15 | \\- | 3 | 3 \nAdministration costs | (5) | \\- | (5) | (4) | \\- | (4) \nNet interest income/(expense) | 10 | (3) | 7 | 11 | (4) | 7 \nNet remeasurement (losses)/gains | (14) | 3 | (11) | (43) | 1 | (42) \nContributions paid by employer | \\- | 5 | 5 | \\- | 5 | 5 \nExchange differences | \\- | 1 | 1 | \\- | 4 | 4 \nNet surplus/(deficit) in schemes at end of year | 202 | (101) | 101 | 212 | (113) | 99 \n| | | | \n| \n| \n \nPresent value of defined benefit obligations | (1,711) | (121) | (1,832) | (1,826) | (133) | (1,959) \nFair value of scheme assets | 1,913 | 20 | 1,933 | 2,038 | 20 | 2,058 \nNet surplus/(deficit) in schemes | 202 | (101) | 101 | 212 | (113) | 99 \n \nThe assumptions used in calculating the costs and obligations of the Group's\ndefined benefit pension schemes are set by the Directors after consultation\nwith independent professionally qualified actuaries. The assumptions are based\non the conditions at the time and changes in these assumptions can lead to\nsignificant movements in the estimated obligations, as illustrated in the\nsensitivity analysis.\n\nA full actuarial valuation of the scheme is carried out every three years by\nan independent actuary for the Trustee and the last full valuation was carried\nout as at 31 March 2022. Following this valuation and in accordance with the\nscheme's Statement of Funding Principles, the Trustee and Kingfisher have\nagreed to cease annual employer contributions during the period from August\n2022 to July 2025. This agreement has been reached with reference to a funding\nobjective that targets a longer-term, low risk funding position in excess of\nthe minimum statutory funding requirements. This longer-term objective is\nbased on the principle of the scheme reaching a point where it can provide\nbenefits to members with a high level of security, thereby limiting its\nreliance on the employer for future support. The Company monitors the scheme\nfunding level on a regular basis and will reassess with the scheme Trustee the\nappropriate level of contributions as part of the 2025 valuation.\n\nA key assumption in valuing the pension obligations is the discount rate.\nAccounting standards require this to be set based on market yields on high-\nquality corporate bonds at the balance sheet date. The UK scheme discount rate\nis derived using a single equivalent discount rate approach, based on the\nyields available on a portfolio of high-quality Sterling corporate bonds with\nthe same duration as that of the scheme liabilities.\n\nThe principal financial assumptions for the UK scheme are as follows:\n\nAnnual % rate | 2024/25 | 2023/24 \n---|---|--- \nDiscount rate | 5.40 | 4.85 \nRate of pension increases | 3.05 | 2.95 \n \nFor the UK scheme, the mortality assumptions used have been selected with\nregard to the characteristics and experience of the membership of the scheme\nas assessed from time to time relating to triennial funding valuations. The\nassumptions for life expectancy of UK scheme members are as follows:\n\nYears | \n| 2024/25 | 2023/24 \n---|---|---|--- \nAge to which current pensioners are expected to live (60 now) | | | \n \n\\- Male | | 85.6 | 85.6 \n\\- Female | | 88.3 | 88.3 \nAge to which future pensioners are expected to live (60 in 15 years' time) | | | \n \n\\- Male | | 86.9 | 86.9 \n\\- Female | | 90.4 | 90.4 \n \n| \n| \n| \n| \n \n \nThe following sensitivity analysis for the UK scheme shows the estimated\nimpact on the obligation resulting from changes to key actuarial assumptions,\nwhilst holding all other assumptions constant.\n\nAssumption | Change in assumption | Impact on defined benefit obligation \n---|---|--- \nDiscount rate | Increase/decrease by 0.5% | Decrease/increase by \u00a3122m \nPrice inflation | Increase/decrease by 0.25% | Increase/decrease by \u00a353m \nRate of pension increases | Increase/decrease by 0.25% | Increase/decrease by \u00a350m \nMortality | Increase/decrease in life expectancy by one year | Increase/decrease by \u00a359m \n \n\n# 10 Cash generated by operations\n\n\u00a3 millions | 2024/25 | 2023/24 \n---|---|--- \nOperating profit | 407 | 580 \nShare of post-tax results of joint ventures and associates | 15 | 1 \nDepreciation and amortisation | 656 | 641 \nNet impairment losses | 198 | 87 \nLoss on disposal of property, plant and equipment and investment property | 8 | \\- \nLoss/(profit) on disposal of subsidiaries and associates | 3 | (2) \nLease gains | \\- | (7) \nShare-based compensation charge | 20 | 22 \nDecrease in inventories | 87 | 132 \nDecrease/(increase) in trade and other receivables | 63 | (6) \nDecrease in trade and other payables | (50) | (14) \nMovement in provisions | 9 | (3) \nMovement in post-employment benefits | (5) | 7 \nCash generated by operations | 1,411 | 1,438 \n \n11 Net debt\n\n\u00a3 millions | 2024/25 | 2023/24 \n---|---|--- \nCash and cash equivalents | 336 | 360 \nCash and cash equivalents included within assets held for sale | 9 | \\- \nBank overdrafts | (9) | (7) \nCash and cash equivalents and bank overdrafts (including cash and cash equivalents held for sale) | 336 | 353 \nBank loans | (1) | (3) \nFixed term debt | (99) | (99) \nLease Liabilities | (2,211) | (2,367) \nLease Liabilities directly associated with assets held for sale | (42) | \\- \nNet financing derivatives | 2 | \\- \nNet debt (including net debt held for sale) | (2,015) | (2,116) \n| | \n \n\u00a3 millions | 2024/25 | 2023/24 \nNet debt at beginning of year | (2,116) | (2,274) \nNet (decrease)/increase in cash and cash equivalents and bank overdrafts | (11) | 84 \nArrangement fees paid | 2 | \\- \nNet cash flow | (9) | 84 \nMovements in lease liabilities | 107 | 71 \nExchange differences and other non-cash movements | 3 | 3 \nNet debt at end of year | (2,015) | (2,116) \n \n| \n| \n| \n \n \n \n\n12 Contingent liabilities\n\nThe Group is subject to claims and litigation arising in the ordinary course\nof business and provision is made where liabilities are considered likely to\narise on the basis of current information and legal advice.\n\nThe Group files tax returns in many jurisdictions around the world and at any\none time is subject to periodic tax audits in the ordinary course of its\nbusiness. Applicable tax laws and regulations are subject to differing\ninterpretations and the resolution of a final tax position can take several\nyears to complete. Where it is considered that future tax liabilities are more\nlikely than not to arise, an appropriate provision is recognised in the\nfinancial statements.\n\nWhilst the procedures that must be followed to resolve these types of tax\nissues make it likely that it will be some years before the eventual outcome\nis known, the Group does not currently consider the likelihood of adverse\noutcomes in relation to these matters (other than those matters for which\nliabilities have already been recorded) to be probable.\n\nIn October 2017, the European Commission opened a state aid investigation into\nthe Group Financing Exemption section of the UK Controlled Foreign Company\nrules. While the Group had complied with the requirements of UK tax law in\nforce at the time, in April 2019 the European Commission concluded that\naspects of the UK Controlled Foreign Company regime partially constituted\nillegal state aid. In September 2024, the European Court of Justice annulled\nthis decision, and repayment of the tax and interest, totalling \u00a369m, is\nexpected in 2025/26. At the balance sheet date, the Group is recognising this\namount as a current asset.\n\n13 Post balance sheet events\n\nDuring the period since the balance sheet date, the Group purchased 10 million\nof the Company's own shares for cancellation at a cost of \u00a326m. This amount\nwas deducted from equity in 2024/25 as a result of an irrevocable buyback\nagreement which was in place at 31 January 2025.\n\n \n\n \n\nThis information is provided by RNS, the news service of the London Stock\nExchange. 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"url": "https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU"
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"reason": "This is a financial announcement from the London Stock Exchange related to Kingfisher, which mentions Brico. The Financial Times is a highly reputable source for financial news.",
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"summary": "Financial announcement from the London Stock Exchange related to Kingfisher and Brico.",
"url": "https://markets.ft.com/data/announce/detail?dockey=1323-16955957-0FGK10ISHOR0P3JMASI3GH19DU"
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"source": "https://en.wikipedia.org/wiki/Brico"
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"page_content": "# Brico\n\n * [ Article ](/wiki/Brico)\n * [ Talk ](/wiki/Talk:Brico)\n\nFor other uses, see [ Brico (disambiguation) ](/wiki/Brico_\\(disambiguation\\)\n\"Brico \\(disambiguation\\)\") .\n\n**This article has multiple issues.** Please help **[ improve it ](/wiki/Special:EditPage/Brico \"Special:EditPage/Brico\") ** or discuss these issues on the **[ talk page ](/wiki/Talk:Brico \"Talk:Brico\") ** . _([ Learn how and when to remove these messages ](/wiki/Help:Maintenance_template_removal \"Help:Maintenance template removal\") ) _ | This article **may rely excessively on sources[ too closely associated with the subject ](/wiki/Wikipedia:Verifiability#Self-published_sources \"Wikipedia:Verifiability\") ** , potentially preventing the article from being [ verifiable ](/wiki/Wikipedia:Verifiability \"Wikipedia:Verifiability\") and [ neutral ](/wiki/Wikipedia:Neutral_point_of_view \"Wikipedia:Neutral point of view\") . Please help [ improve it ](https://en.wikipedia.org/w/index.php?title=Brico&action=edit) by replacing them with more appropriate [ citations ](/wiki/Wikipedia:Citing_sources \"Wikipedia:Citing sources\") to [ reliable, independent sources ](/wiki/Wikipedia:Independent_sources \"Wikipedia:Independent sources\") . _( February 2012 ) _ _( [ Learn how and when to remove this message ](/wiki/Help:Maintenance_template_removal \"Help:Maintenance template removal\") ) _ \n--- \nThis article **contains[ promotional content\n](/wiki/Wikipedia:What_Wikipedia_is_not#Wikipedia_is_not_a_soapbox_or_means_of_promotion\n\"Wikipedia:What Wikipedia is not\") ** . Please help [ improve it\n](https://en.wikipedia.org/w/index.php?title=Brico&action=edit) by removing [\npromotional language ](/wiki/Wikipedia:Spam \"Wikipedia:Spam\") and\ninappropriate [ external links\n](/wiki/Wikipedia:External_links#Advertising_and_conflicts_of_interest\n\"Wikipedia:External links\") , and by adding encyclopedic text written from a [\nneutral point of view ](/wiki/Wikipedia:Neutral_point_of_view\n\"Wikipedia:Neutral point of view\") . _( November 2019 ) _ _( [ Learn how and\nwhen to remove this message ](/wiki/Help:Maintenance_template_removal\n\"Help:Maintenance template removal\") ) _ \n--- \n \n_( [ Learn how and when to remove this message\n](/wiki/Help:Maintenance_template_removal \"Help:Maintenance template removal\")\n) _ \n \n**Brico** is a [ Belgian ](/wiki/Belgium \"Belgium\") [ hardware store\n](/wiki/Hardware_store \"Hardware store\") chain. The chain focuses mainly on [\nDIY ](/wiki/DIY \"DIY\") items but also sells garden-related articles. The chain\nhas 140 locations (as of February 2016) spread over Belgium, about 95 of which\nare franchised. [ 1 ]\n\nBrico [ ](/wiki/File:Brico_logo.svg) \n--- \nCompany type | [ Public ](/wiki/Public_company \"Public company\") \nIndustry | [ Retail ](/wiki/Retail \"Retail\") \nFounded | 1973 ; 52 years ago ( 1973 ) in [ Schoten ](/wiki/Schoten \"Schoten\") , Belgium \nHeadquarters | [ Groot-Bijgaarden ](/wiki/Groot-Bijgaarden \"Groot-Bijgaarden\") , [ Belgium ](/wiki/Belgium \"Belgium\") \nArea served | [ Belgium ](/wiki/Belgium \"Belgium\") \n[ Luxembourg ](/wiki/Luxembourg \"Luxembourg\") \nProducts | [ DIY ](/wiki/Do_it_yourself \"Do it yourself\") , [ garden ](/wiki/Garden \"Garden\") -related \n[ Parent ](/wiki/Parent_company \"Parent company\") | Until 2002: [ GIB Group ](/wiki/GIB_Group \"GIB Group\") \nSince 2002: [ Maxeda ](/wiki/Maxeda \"Maxeda\") \nWebsite | [ www .brico .be ](https://www.brico.be/) [ ](https://www.wikidata.org/wiki/Q2510786#P856 \"Edit this at Wikidata\") \n \n## Contents\n\n * 1 History \n * 2 Sponsoring \n * 3 Online store \n * 4 External links \n * 5 References \n\n## History\n\n[ edit ](/w/index.php?title=Brico&action=edit§ion=1 \"Edit section:\nHistory\")\n\nThe first store opened in 1973 in [ Schoten ](/wiki/Schoten \"Schoten\") . The\nname Brico comes from the [ French ](/wiki/French_language \"French language\")\n_bricoler_ , which means _to do DIY_ . During the 1980s, Brico produced two\nbrands of its own, namely Stop and Bricobi. Currently, these brands are known\nas Central Park and Sencys. [ 2 ] Until 2002, Brico was part of the [ GIB\nGroup ](/wiki/GIB_Group \"GIB Group\") , which was sold to the Dutch [ Vendex\n](/wiki/Vendex \"Vendex\") (currently [ Maxeda ](/wiki/Maxeda \"Maxeda\") ).\nMaxeda also owns the Hardware store chains [ Praxis ](/wiki/Praxis_\\(store\\)\n\"Praxis \\(store\\)\") and [ Formido ](/wiki/Formido_\\(store\\) \"Formido\n\\(store\\)\") .\n\nFormer locations of [ Leroy Merlin ](/wiki/Leroy_Merlin \"Leroy Merlin\") in\nBelgium have become part of Brico NV and have been reformed and renamed Plan-\nIt. These stores focus mainly on larger DIY and decoration projects.\n\nIn 2006, the first Brico City shops were opened. These are smaller stores in\nthe city centers ( [ Antwerp ](/wiki/Antwerp \"Antwerp\") , [ Brussels\n](/wiki/Brussels \"Brussels\") , [ Liege ](/wiki/Li%C3%A8ge \"Li\u00e8ge\") , [ Ghent\n](/wiki/Ghent \"Ghent\") ) that focus on the most basic and easy-to-store items.\n[ 3 ]\n\n * [ ](/wiki/File:Brico.png \"Brico in Sint-Denijs-Westrem\")\n\nBrico in [ Sint-Denijs-Westrem ](/wiki/Sint-Denijs-Westrem \"Sint-Denijs-\nWestrem\")\n\n * [ ](/wiki/File:BricoPlanit.png \"BricoPlanit in Ternat\")\n\nBricoPlanit in [ Ternat\n](/w/index.php?title=Ternat_\\(Belgi%C3%AB\\)&action=edit&redlink=1 \"Ternat\n\\(Belgi\u00eb\\) \\(page does not exist\\)\")\n\n * [ ](/wiki/File:BricoCity.jpg \"BricoCity in Ukkel\")\n\nBricoCity in [ Ukkel ](/wiki/Ukkel \"Ukkel\")\n\n## Sponsoring\n\n[ edit ](/w/index.php?title=Brico&action=edit§ion=2 \"Edit section:\nSponsoring\")\n\nThroughout the 1990s, the chain played a significant role as a co-sponsor of\nthe [ Mapei cycling team ](/wiki/Mapei_\\(cycling_team\\) \"Mapei \\(cycling\nteam\\)\") through the brand Bricobi. This collaboration not only showcased the\nchain's commitment to sports and teamwork but also solidified its presence\nwithin the competitive world of cycling.\n\n## Online store\n\n[ edit ](/w/index.php?title=Brico&action=edit§ion=3 \"Edit section: Online\nstore\")\n\nIn 2006, Brico responded to the changing landscape of retail by introducing\nits own webshop. This move allowed customers to access Brico's products and\nservices through an online platform, conveniently integrated into the existing\nBrico website.\n\n## External links\n\n[ edit ](/w/index.php?title=Brico&action=edit§ion=4 \"Edit section:\nExternal links\")\n\n * [ Official website ](https://www.brico.be/) [ ](https://www.wikidata.org/wiki/Q2510786#P856 \"Edit this at Wikidata\")\n\n## References\n\n[ edit ](/w/index.php?title=Brico&action=edit§ion=5 \"Edit section:\nReferences\")\n\n 1. ** ^ ** [ \"Brico Onderneming\" ](https://web.archive.org/web/20071026190954/http://www.brico.be/wabs/nl/onderneming/index.do) . _Brico_ (in Dutch). Archived from [ the original ](http://www.brico.be/wabs/nl/onderneming/index.do) on 2007-10-26 . Retrieved 2024-06-20 . \n 2. ** ^ ** [ \"Brico roept twee producten van merk Sencys terug\" ](https://archive.today/20120804060958/http://www.demorgen.be/dm/nl/996/Economie/article/detail/1169198/2010/10/13/Brico-roept-twee-producten-van-merk-Sencys-terug.dhtml) . _[ De Morgen ](/wiki/De_Morgen \"De Morgen\") _ (in Dutch). 2010-10-13. Archived from [ the original ](https://www.demorgen.be/dm/nl/996/Economie/article/detail/1169198/2010/10/13/Brico-roept-twee-producten-van-merk-Sencys-terug.dhtml) on 2012-08-04 . Retrieved 2024-06-20 . \n 3. ** ^ ** [ \"Franchise\" ](https://web.archive.org/web/20081123083113/http://www.brico.be/wabs/fr/compagnie/franchise.do) . _Brico_ (in French). Archived from [ the original ](http://www.brico.be/wabs/fr/compagnie/franchise.do) on 2008-11-23 . Retrieved 2013-03-11 . \n\nRetrieved from \" [\nhttps://en.wikipedia.org/w/index.php?title=Brico&oldid=1279933106\n](https://en.wikipedia.org/w/index.php?title=Brico&oldid=1279933106) \"\n\n[ Last edited on 11 March 2025, at 12:47\n](/w/index.php?title=Brico&action=history)\n\n#### Languages\n\n * [ Dansk ](https://da.wikipedia.org/wiki/Brico \"Brico \u2013 Danish\")\n * [ Fran\u00e7ais ](https://fr.wikipedia.org/wiki/Brico \"Brico \u2013 French\")\n * [ Nederlands ](https://nl.wikipedia.org/wiki/Brico_\\(winkel\\) \"Brico \\(winkel\\) \u2013 Dutch\")\n\n * This page was last edited on 11 March 2025, at 12:47 (UTC) . \n * Content is available under [ CC BY-SA 4.0 ](https://creativecommons.org/licenses/by-sa/4.0/deed.en) unless otherwise noted. \n\n * [ Privacy policy ](https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy)\n * [ About Wikipedia ](/wiki/Wikipedia:About)\n * [ Disclaimers ](/wiki/Wikipedia:General_disclaimer)\n * [ Contact Wikipedia ](//en.wikipedia.org/wiki/Wikipedia:Contact_us)\n * [ Code of Conduct ](https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Universal_Code_of_Conduct)\n * [ Developers ](https://developer.wikimedia.org)\n * [ Statistics ](https://stats.wikimedia.org/#/en.wikipedia.org)\n * [ Cookie statement ](https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Cookie_statement)\n * [ Terms of Use ](https://foundation.m.wikimedia.org/wiki/Special:MyLanguage/Policy:Terms_of_Use)\n * [ Desktop ](//en.wikipedia.org/w/index.php?title=Brico&mobileaction=toggle_view_desktop)\n\n",
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"summary": "This is a Wikipedia page about Brico, providing background information and history. Wikipedia is generally reliable, though it should be cross-referenced with other sources.",
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"page_content": "[ News ](https://business-review.eu/category/news)\n\n# Brico D\u00e9p\u00f4t gives its employees the opportunity of becoming shareholders in\nthe mother company and doubles their shares\n\n[ Mihai-Alexandru Cristea ](https://business-review.eu/author/mihai-cristea) 13/10/2020 | 16:05 \n\n[ Twitter ](http://twitter.com/share?text=Brico D\u00e9p\u00f4t gives its employees the\nopportunity of becoming shareholders in the mother company and doubles their\nshares&url=https://business-review.eu/news/brico-depot-gives-its-employees-\nthe-opportunity-of-becoming-shareholders-in-the-mother-company-and-doubles-\ntheir-shares-213975) [ Facebook\n](http://www.facebook.com/sharer.php?u=https://business-review.eu/news/brico-\ndepot-gives-its-employees-the-opportunity-of-becoming-shareholders-in-the-\nmother-company-and-doubles-their-shares-213975) [ Linkedin\n](https://www.linkedin.com/shareArticle?mini=true&url=https://business-\nreview.eu/news/brico-depot-gives-its-employees-the-opportunity-of-becoming-\nshareholders-in-the-mother-company-and-doubles-their-shares-213975)\n\n**Brico D\u00e9p\u00f4t Romania, part of international home improvement company\nKingfisher plc, offers a bold strategic share plan for all its employees,\nunder the global umbrella \u201c1+1 Sharing In Our Future\u201d plan. Every one of the\ncirca 2.500 employees working at Brico D\u00e9p\u00f4t will have the opportunity to\nbecome a shareholder within the company. Moreover,** **every share bought by\nan employee will be matched by the company on a one-for-one basis.**\n\n****\n\nThe share plan is open to all 74.000 Kingfisher current employees, who can\nenrol in the program between October 12 and November 20, 2020. They will have\nto allocate a fixed amount for a period of six months to buy shares and hold\nthem for one year, to benefit of the doubled shares.\n\n[ ](https://myhive-offices.com/en/)\n\n> \u201cBehind the success of every company lies the hard work and dedication of\n> its employees. We are committed to rewarding each and every one of them for\n> their implication, regardless of their position within the company. We are\n> glad that Romania is part of this strategic plan launched by Kingfisher and\n> that all our colleagues have the opportunity to become shareholders, thus\n> offering them an even higher role in the future of the company. This is our\n> way of thanking them for their contribution, especially during the past\n> months, when the efforts to continue our activity under these challenging\n> conditions and to find the best solutions for our customers and partners\n> were even more substantial\u201d, stated **Adela Smeu, CEO,** **Brico D\u00e9p\u00f4t**\n> **Romania** .\n>\n> [ ](https://business-review.eu/business/retail/altex-buys-brico-depot-\n> romania-for-eur-70-million-277177)\n>\n> Read more about\n>\n> [ Altex buys Brico Depot Romania for EUR 70 million ](https://business-\n> review.eu/business/retail/altex-buys-brico-depot-romania-for-\n> eur-70-million-277177)\n>\n> [ read more ](https://business-review.eu/business/retail/altex-buys-brico-\n> depot-romania-for-eur-70-million-277177)\n>\n> [ ](https://bucharest.businessgarden.eu/)\n\nIn Romania, the contributions are set between 50 RON and 1.250 RON per month\nand will be automatically deducted from the salaries between January 2021 and\nJune 2021. The shares will be bought in July 2021 and the company will match\nevery share purchased on a one-for-one basis, so every employee who registered\nin the program will have twice as many shares as they initially bought. They\nwill also benefit of any potential dividends that will be allocated within\nthis period, which are automatically reinvested into shares that will also be\nmatched by the company. After a vesting period of one year, in July 2022, the\nshares, both purchased and matched, will be automatically sold at market\nprice.\n\nFor more details regarding the plan, please access [ www.kingfisher-\nshareplan.com/ro ](http://www.kingfisher-shareplan.com/ro) .\n\n[ ](https://www.energyexpo.ro/)\n\n**Tags:** [ 1+1 Sharing In Our Future ](https://business-\nreview.eu/tag/11-sharing-in-our-future) , [ Adela Smeu ](https://business-\nreview.eu/tag/adela-smeu) , [ Brico D\u00e9p\u00f4t ](https://business-\nreview.eu/tag/brico-depot) , [ Brico Depot Romania ](https://business-\nreview.eu/tag/brico-depot-romania) , [ Kingfisher plc ](https://business-\nreview.eu/tag/kingfisher-plc) , [ share plan for employees ](https://business-\nreview.eu/tag/share-plan-for-employees)\n\nFeatured article\n\n[ ](https://business-review.eu/business/retail/br-interview-auchan-retail-\nmedia-leads-third-wave-of-advertising-in-romania-279878)\n\n[ Retail & FMCG ](https://business-review.eu/category/business/retail)\n\n## [ BR Interview | Tiberiu Danetiu: Auchan Retail Media leads third wave of advertising in Romania ](https://business-review.eu/business/retail/br-interview-auchan-retail-media-leads-third-wave-of-advertising-in-romania-279878)\n\n[ ](https://myhive-offices.com/en/)\n\nLatest Issue\n\n[ ](https://business-review.eu/issues/2-2025)\n\n[ Current issue ]()\n\n## [ Issue 2/2025 ](https://business-review.eu/issues/2-2025)\n\n[ view archive \u00bb ](https://business-review.eu/issues)\n\n[ ](https://bucharest.businessgarden.eu/)\n\n[ ](https://business-review.eu/br-events/working-romania-spring-2025#register)\n\n[ ](https://www.energyexpo.ro/)\n\n[ ](https://www.gts.ro/ro/centru-date-romania/)\n\n[ ](https://track.adform.net/C/?bn=68156357;C=0)\n\nRelated\n\n[ ](https://business-review.eu/business/brico-depot-romania-announces-sales-\nof-63-million-pounds-in-the-first-quarter-of-fiscal-year-2024-260702)\n\n[ Business ](https://business-review.eu/category/business)\n\n## [ Brico D\u00e9p\u00f4t Romania announces sales of 63 million pounds in the first\nquarter... ](https://business-review.eu/business/brico-depot-romania-\nannounces-sales-of-63-million-pounds-in-the-first-quarter-of-fiscal-\nyear-2024-260702)\n\n[ ](https://track.adform.net/C/?bn=68156356;C=0)\n\nBR Magazine | Latest Issue \n\n[ Magazine ](https://business-review.eu/category/magazine)\n\n## [ Download PDF: Business Review Magazine March 2025 Issue\n](https://business-review.eu/magazine/download-pdf-business-review-magazine-\nmarch-2025-issue-280301)\n\nThe March 2025 issue of Business Review Magazine is now available in digital\nformat, featuring the main cover story titled \u201cAuchan Retail Media Leads Third\nWave of Advertising in Romania.\u201d To\n\nMihai-Alexandru Cristea | 10/03/2025 | 16:26 \n\n[ ](https://business-review.eu/magazine/download-pdf-business-review-magazine-\nmarch-2025-issue-280301)\n\n[ ]()\n\nEditor\u2019s picks\n\n[ ](https://business-review.eu/tech/d-tech-forum-2025-victor-negrescu-calls-\non-romania-to-contribute-to-the-future-european-competitiveness-plan-281685)\n\n[ Tech ](https://business-review.eu/category/tech)\n\n## [ D-Tech Forum 2025. 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"url": "https://business-review.eu/news/brico-depot-gives-its-employees-the-opportunity-of-becoming-shareholders-in-the-mother-company-and-doubles-their-shares-213975"
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"summary": "This is a news article from Business Review about Brico Depot giving employees the opportunity to become shareholders. Business Review is a reputable source for business news in Romania.",
"url": "https://business-review.eu/news/brico-depot-gives-its-employees-the-opportunity-of-becoming-shareholders-in-the-mother-company-and-doubles-their-shares-213975"
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Read more. 09 Jan 2024 AI ](/en_ro/insights/supply-chain/how-generative-ai-in-supply-chain-can-drive-value)\n\n[ My EY ](https://login.ey.com/myey/home \"My EY\") [ My EY\n](https://login.ey.com/myey/login \"My EY\")\n\n__\n\nSelect your location\n\n__\n\nLocal sites\n\nPress release\n\n19 Dec 2024\n\n# EY advised Kingfisher on the divestment of Brico D\u00e9p\u00f4t Romania to Altex\n\nPress contact\n\n[ EY Rom\u00e2nia ](/en_ro/people/ey)\n\nOrganiza\u021bie de servicii profesionale\n\n * * [ Open X profile of EY Rom\u00e2nia ](https://twitter.com/EY_Romania \"Open X profile of EY Rom\u00e2nia\")\n * [ Open LinkedIn profile of EY Rom\u00e2nia ](https://www.linkedin.com/company/ernstandyoung \"Open LinkedIn profile of EY Rom\u00e2nia\")\n\nRelated topics\n\n[ Strategy and Transactions ](/en_ro/services/strategy-transactions)\n\n * Facebook \n * Twitter \n * LinkedIn \n * Link Copied \n\nEY Romania is privileged to advise Kingfisher, an international home\nimprovement company with over 2,000 stores and 78,000 employees, on the agreed\nsale of Brico D\u00e9p\u00f4t Romania to Altex, market leader of the Romanian electro-IT\nretail sector.\n\nDuring the EY-led process, the team provided full sell-side M&A assistance,\nstructuring and coordinating the execution of the transaction.\n\nBrico D\u00e9p\u00f4t Romania has the 2 nd largest store network on the Romania DIY\nretail market, having entered the country in 2013 via its acquisition of\nBricostore Romania and further expanding in 2017 through its acquisition of\nlocal Praktiker operations. Brico D\u00e9p\u00f4t\u2019s stores are designed to maximise\ncustomer shopping experience and address all DIY, DIFM and trade needs under\none roof. The network is supported by a strong omnichannel proposition\u200b and an\nagile centralized headquarters.\n\nFounded in 1992, Altex is Romania's market leader in electro IT retail and one\nof the largest and most recognisable Romanian brands. It currently operates\n135 stores under two brands (Altex and Media Galaxy) in around 70 cities,\ncovering all of Romania\u2019s 42 counties.\n\nEY\u2019s multi-jurisdictional team provided end-to-end M&A advisory with an\nintegrated service offering covering the full spectrum of sell-side assistance\nservices, including vendor financial and tax due diligence, as well as SPA\nadvisory and operational separation services. The successful execution of the\nannounced transaction is owed to EY\u2019s multi-disciplinary approach and globally\nintegrated network.\n\nRelated news\n\n* __\n\n* * *\n\nEY logo\n\n * [ Connect with us ](/en_ro/about-us/connect-with-us) \n\n * [ Our locations ](/en_ro/locations)\n * [ My EY ](https://login.ey.com/)\n * [ Site map ](/en_ro/functional/sitemap)\n * [ Legal and privacy ](/en_ro/legal-and-privacy)\n\n * [ Open Facebook profile ](http://www.facebook.com/pages/Ernst-Young/195665063800329 \"Open Facebook profile\")\n * [ Open X profile ](http://twitter.com/EYnews \"Open X profile\")\n * [ Open LinkedIn profile ](https://www.linkedin.com/company/1073 \"Open LinkedIn profile\")\n * [ Open Youtube profile ](http://www.youtube.com/ernstandyoungglobal \"Open Youtube profile\")\n\nEY refers to the global organization, and may refer to one or more, of the\nmember firms of Ernst & Young Global Limited, each of which is a separate\nlegal entity. 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"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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"reason": "This is a press release from EY (Ernst & Young), a reputable global professional services firm, regarding their advisory role in Kingfisher's divestment of Brico Depot Romania. The information is likely accurate and reliable.",
"reliability_score": 0.9,
"search_query": "company 'Brico' activities value chain",
"summary": "This is a press release from EY regarding their advisory role in Kingfisher's divestment of Brico Depot Romania.",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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"page_content": " * [ ](https://www.linnworks.com/the-state-of-commerce-ops-2025?utm_source=insight-retail-group&utm_medium=display&utm_campaign=soco_website_banner_insight-retail-group_display_mar_2025)\n * [ ](https://diysummit.org/)\n\nFind Insight DIY on\n\n[ ](https://www.facebook.com/industrynews/) [\n](https://twitter.com/InsightDIY) [\n](https://www.linkedin.com/company/insight-retail-group-ltd) [\n](https://www.pinterest.co.uk/009o9r2is894n2oy0vdxh589royvi8/pins/)\n\n[ ](/)\n\n * [ Home ](/)\n * [ News ](/news.htm)\n\n * [ News ](/news.htm)\n * [ UK DIY News ](/news-uk.htm)\n * [ UK Store News ](/news-uk-store.htm)\n * [ UK People News ](/news-uk-people.htm)\n * [ International DIY News ](/news-international.htm)\n * [ Digital Retail News ](/news-digitalretail.htm)\n\n * [ Retailers ](/retailers-and-channels.htm)\n\n * [ Retailers ](/retailers-and-channels.htm)\n * [ Multiples ](/retailers.htm)\n * [ Channels ](/channels.htm)\n\n * [ About ](/about.htm)\n\n * [ About IRG ](/about-irg.htm)\n * [ Steve's Opinion ](/steves-opinion.htm)\n * [ UK Store Visits ](/uk-store-visits.htm)\n * [ Training ](/training.htm)\n * [ Conferences ](/conferences.htm)\n * [ Compare Websites ](/compare.htm)\n * [ Contact Us ](/contact.htm)\n\n * [ Articles ](/articles.htm)\n * [ Videos ](/videos.htm)\n * [ Jobs ](/jobs.htm)\n * [ Knowledge Centre ](/knowledge-centre.htm)\n\n * [ Knowledge Centre ](/knowledge-centre.htm)\n * [ Newsletters ](/newsletter.htm)\n * [ Retailer Profiles ](/retailer-profiles.htm)\n * [ Economic Data ](/economic-data.htm)\n * [ Best of British ](/best-of-british.htm)\n * [ Industry Partners ](/industry-partners.htm)\n * [ Price Baskets ](/price-baskets.htm)\n * [ Corporate Clothing ](/corporate-clothing.htm)\n * [ What's New ](/whats-new.htm)\n * [ Industry Events ](/events.htm)\n * [ Logos & Links ](/logos.htm)\n * [ Store Lists ](/store-lists.htm)\n\n * [ Newsletter ](/newsletter.htm)\n * [ Advertisers ](/advertisers.htm)\n * [ Contact Us ](/contact.htm)\n\n## International DIY News\n\n# Kingfisher Makes Changes To French Management Structure\n\nKingfisher has updated on progress in relation to its performance and\nprofitability plan for the French business:\n\n**Background**\n\nIn June 2020, we set out a plan to \u2018fix\u2019 strategic and operational issues\nfaced by our banners in France, emanating from previous years. This included\nputting in place new leadership and teams, making significant improvements in\nour technology, supply chain and logistics operations, and restoring more\nlocal autonomy to manage the business needs and requirements of our banners in\nFrance (including broadening product ranges, implementing new trading\napproaches, and investing in price at Brico D\u00e9p\u00f4t). Castorama also closed nine\nunderperforming stores.\n\nIn September 2022 we said that the \u2018fixes\u2019 in France were largely complete \u2013\nresulting in clear differentiation between Castorama and Brico D\u00e9p\u00f4t, more\ncompetitive prices, better product availability, higher levels of customer\nsatisfaction, and a significant improvement in our sales performance relative\nto the market (as measured by Banque de France* data). These measures also\nenabled us to successfully navigate the banners through the COVID pandemic, as\nwell as more recent macroeconomic and consumer challenges. \n \nOver the last four years we have also put into place more strategic\ninitiatives, consistent with our \u2018Powered by Kingfisher\u2019 strategy, to move\nforward the long-term customer propositions for Castorama and Brico D\u00e9p\u00f4t.\nThese included accelerating the e-commerce capabilities of our French banners\n(including the creation of a \u2018hub\u2019 store network to facilitate faster\nfulfilment, and introducing more C&C options) and further differentiating\nCastorama and Brico D\u00e9p\u00f4t\u2019s offer through leveraging Kingfisher\u2019s OEB\ncapabilities. In addition, we have started to develop the trade customer\nproposition at both banners, trialled new compact store formats, started a new\nretail media business, and developed more comprehensive in-store and digital\nservices for our customers, including through the use of Kingfisher\u2019s data and\nAI capabilities.\n\nOur French banners have also been active in structurally lowering their cost\nbase across multiple areas, including in supply chain and logistics, property,\nGNFR and overheads. Over \u00a3150m of cost has been structurally removed from the\nbusinesses over the last four years. Furthermore, against the backdrop of an\nuncertain consumer environment in more recent times, they have continued to\nactively manage variable costs to better align to trading conditions. This has\nincluded strengthened actions around staff costs and discretionary spend,\nwhich in H2 23/24 resulted in an operating cost reduction of 4.4% YoY, despite\nsignificant pay rate and energy inflation.\n\n**Taking France to the next level \u2013 a new plan focused on simplicity,\nperformance and profitability**\n\nWith our banners well positioned both strategically and operationally, we are\ntoday announcing a new plan for Castorama and Brico D\u00e9p\u00f4t, designed to drive\nthe next level in our performance and profitability in France. The plan is\ncentred on three focus areas:\n\n * Simplifying the France organisation, \n * A clear and actionable plan for Castorama, and \n * Building on the exciting potential of Brico D\u00e9p\u00f4t \n\nThese actions support a medium-term retail profit margin target for France of\nc.5% to 7%, and are explained in detail below.\n\n**Simplifying the France organisation**\n\nWith clear strategies in place for Castorama and Brico D\u00e9p\u00f4t, the time is\nright to simplify the structure in France to make banner decision-making more\nagile \u2013 similar to the proven model in the UK & Ireland:\n\n * Effective from the end of April 2024, the \u2018France\u2019-level management structure will be dissolved, allowing our banners more autonomy and speed to make operational decisions and allowing for more streamlined head office operations \n \n\n * France-level joint operational responsibilities including human resources, finance and supply chain will be transferred to the two banners where appropriate \n \n\n * A limited number of cross-banner functions will be managed across banners to maintain joint synergies where efficient; for example, in the area of retail media \n\n * Leadership changes: \n\n\u2212 **Alain Rabec, CEO of France** , will retire at the end of September 2024.\nAlain joined Kingfisher in October 2019 and has overseen the significant\nprogress made by both banners described above. We thank Alain for his many\ncontributions to Kingfisher and wish him well\n\n\u2212 **Pascal Gil will become CEO of Castorama France** at the end of April 2024.\nHe will remain a Kingfisher Group Executive team member. Pascal started his\ncareer at Castorama France, before leading Brico D\u00e9p\u00f4t Iberia and then Brico\nD\u00e9p\u00f4t France, before taking the role of CEO of Castorama Poland in April 2022.\nDetails of Pascal\u2019s successor as CEO of Castorama Poland will be announced in\ndue course\n\n\u2212 **Laurent Vittoz will continue as Managing Director of Brico D\u00e9p\u00f4t** ,\nsupported by Alain Rabec who will remain on the Kingfisher Group Executive\nteam until his retirement\n\n## **A clear and actionable plan for Castorama France**\n\nDespite making significant progress over the last four years, Castorama\u2019s\nretail profit margin % remains lower than the Group average, and also that of\nBrico D\u00e9p\u00f4t France. We have developed a plan with three core priorities to\nboost Castorama\u2019s performance, strengthen its resilience, and drive up its\nprofitability over the medium term: **(1) restructuring and modernising the\nstore network, (2) improving operating margin efficiency and (3) growing sales\ndensities.**\n\n**1) Restructuring and modernising the store network**\n\n * **Rightsizing** \u2013 we have identified several \u2018big-box\u2019 stores across the low-performing Castorama portfolio where we have surplus space. This is based on our analysis of store economics, but also demand in the local area, proximity to other stores, and the number of stores we need to achieve national coverage for home deliveries, as part our e-commerce strategy. Over the last two years we successfully rightsized two Castorama stores with encouraging results. These rightsizings resulted in an average space reduction of c.25% (taken over by discounter retailers, thereby driving incremental traffic), sales density improvements of c.40%, and a c.600 basis points improvement in the stores\u2019 retail contribution margin % and an anticipated payback on investment within four years. We will commence the rightsizing of three Castorama stores in FY 24/25 \n \n\n * **Modernising store formats** \u2013 we successfully carried out a pervasive Castorama store refit in FY 23/24. Over a six-month period between September 2022 and March 2023, we modernised the Castorama Englos store by reorganising the layout from 130 aisles to just six key areas, making the customer journey simpler while creating a fresh and \u2018open plan\u2019 store environment, with a focus on design inspiration and home improvement projects. Significant improvements were also made to instore digital and fulfilment services, the trade customer experience, and showcasing our energy efficiency ranges and services. We expect payback of our investment within four years. The refreshed Englos store has delivered strong results including significantly improved sales growth, strong \u2018bigticket\u2019 sales, higher customer traffic and NPS scores, and in FY 23/24 became one of Castorama\u2019s top 10 performing stores. We are planning to repeat the refit successfully applied at Englos to one further Castorama store in FY 24/25, with six additional low-performing stores benefiting from a refresh \n \n\n * **Brico D\u00e9p\u00f4t transfer** \u2013 over the last three years, Castorama has successfully converted two of its low-performing stores into the more profitable Brico D\u00e9p\u00f4t format. Our Pontault-Combault conversion saw a reduction of selling space of c.50%, a more than doubling of sales densities and a significant uplift in profitability. While these conversions have delivered encouraging results, there is a limit to the number of Castorama transfers that can be completed given the size of Castorama stores (relative to Brico D\u00e9p\u00f4t) and the proximity to existing Brico D\u00e9p\u00f4t stores. We are planning to transfer one Castorama store to a Brico D\u00e9p\u00f4t format in FY 24/25 \n\n * **Franchising** \u2013 the franchise model is commonplace in the French home improvement industry, and in French retail in general. Under the model, Castorama would transfer the management of store operations to a franchisee partner, along with the right to use the Castorama brand, in exchange for a 17 royalty fee. The franchisee would also leverage Kingfisher\u2019s capabilities, including its store technology systems, leading OEB product ranges (via wholesale), and Group buying scale. All store operating costs \u2013 such as staff and property costs \u2013 would transfer to the franchisee. We are planning to test the franchise model in two Castorama stores in the next 12 months, with an immediate focus on finding the right franchise partner and optimising commercial and financial terms \n\n**2) Improving operating margin efficiency**\n\nThe second core priority for Castorama is to further improve operating\nefficiency through strengthening its cost reduction plan, leveraging\nKingfisher\u2019s AI and data-driven solutions, and scaling Kingfisher\u2019s higher\nmargin initiatives around e-commerce marketplace and retail media:\n\n * **Strengthening cost reduction plan** \u2013 as discussed above, Castorama France has made strong progress in lowering its cost base across multiple areas. Significant opportunity remains to become even leaner. Our focus areas include: \n\u2212 **Store productivity** \u2013 further optimising store operations in line with\nseasonal changes in demand, and process improvements through increased use of\ntechnology such as self-checkout terminals and use of electronic labels \n\u2212 **Procurement & other costs ** \u2013 continuing to reduce energy usage,\nstrengthening security measures in-store to reduce shrinkage, and adopting\noptimised, system-enabled procurement practices to drive buying efficiency and\nscale \n\u2212 **Head office costs** \u2013 more efficient head office operations, in line with\nthe simpler management structure in France \n\u2212 **Supply chain and logistics** \u2013 further increasing the use of cross-docking\nsites to facilitate the movement of inventory from manufacturers to stores\n(with little or no storage required at distribution centres), and the\nreduction of logistics space through inventory reduction \n \n\n * **Leveraging markdown, clearance and promotional effectiveness solutions** \u2013 Castorama plans to implement Kingfisher\u2019s AI-driven solutions in FY 24/25. Following successful implementation at B&Q in FY 23/24, these solutions have resulted in improved sales, gross margin % and sell-through of stock. \n\n * **Scaling higher margin initiatives** \u2013 in FY 23/24, we signed a Group-wide partnership with CitrusAd to enable advertising for product display and sponsored search. Castorama was the first banner to launch this proposition, generating advertising income through its retail media. In H2 23/24, Castorama began marketing retail media to all its suppliers. We believe retail media has the future potential to reach up to 3% of e-commerce sales as it scales. Following successful launches at B&Q and Brico D\u00e9p\u00f4t Iberia, Castorama France launched its e-commerce marketplace in March 2024, and will prioritise scaling up the proposition in FY 24/25 to deliver sales of 3P products, incremental 1P sales, increased traffic, new customers to Castorama and, over time, a high incremental profit contribution. \n\n**3) Growing sales densities**\n\nThe final core priority is to leverage Kingfisher\u2019s capabilities in OEB,\ne-commerce marketplace, trade and energy efficiency to grow sales densities:\n\n * **Wider ranges and marketplace** \u2013 Castorama will leverage Kingfisher\u2019s OEBs, as well as leading national and international brands, to significantly extend its product offer over the next three years with a focus on key categories where they have market share leadership, ranges where there is scope for differentiation, and energy efficiency ranges. This will be complemented by additional 3P SKUs made available via the launch of Castorama\u2019s e-commerce marketplace, significantly expanding Castorama\u2019s current offer of c.70k products \n \n\n * **Growing trade penetration** \u2013 Castorama will leverage Kingfisher\u2019s trade \u2018Centre of Excellence\u2019 to grow trade customer penetration, and has developed a plan to increase the pace of trade tests, supported by the launch of a trade loyalty programme in FY 24/25. In H1, Castorama will test dedicated trade counters and sales partners in up to 20 stores \n \n\n * **Capture demand for green renovation** \u2013 Castorama will focus on offering new energy efficiency product ranges and services to make green renovation projects easier and more accessible for customers, including introducing new project design and funding simulation tools. Over time, energy and water efficiency product zones will be installed in stores with dedicated staff showcasing our ranges and services. In-home \u2018energy audit\u2019 services will be made available from all stores and online in early FY 24/25 to help customers identify opportunities to save energy in their homes through the purchase of our products. In FY 24/25, we will pilot customer service initiatives to make state subsidies easier for customers to access. We will also extend our network of installers to support renovation projects \n\n## **Building on the exciting potential of Brico D\u00e9p\u00f4t**\n\nBrico D\u00e9p\u00f4t is one of the world\u2019s leading discount home improvement retailers.\nAs described above, significant work has taken place to restore Brico D\u00e9p\u00f4t\u2019s\n\u2018discounter DNA\u2019 \u2013 including introducing new value-oriented ranges, investing\nin price and trading events \u2013 and the business has a much leaner operating\nmodel. As the business now enters its next stage of growth, Brico D\u00e9p\u00f4t has\naligned its strategy across four key priorities to further enhance its\nperformance:\n\n * **Driving LFL sales** \u2013 Brico D\u00e9p\u00f4t will broaden its product ranges by introducing more OEBs at lower price points, and more products aimed specifically at the trade customer and energy efficiency. To strengthen its price leadership, the business will seek to further invest in price in certain key ranges. The business will also strengthen its promotional activities to boost in-store traffic and sales conversion, including the return of its annual printed catalogue and more loyalty-driven marketing \n \n\n * **Capturing the trade opportunity** \u2013 growing trade customer penetration is a priority for Brico D\u00e9p\u00f4t. The business launched 24 trade tests in FY 23/24 to provide a differentiated proposition to trade customers including dedicated trade desks, customer service experts and a new trade loyalty programme. Early results have been very positive, more than doubling trade sales penetration in the 24 stores. The programme will be rolled out to the entire Brico D\u00e9p\u00f4t France network in FY 24/25. \n \n\n * **Testing and optimising the 1,000 sqm compact store format** \u2013 Brico D\u00e9p\u00f4t successfully opened its first compact store in Cahors, France, followed by a further store opening in H2. The concept allows customers to access the entire core Brico D\u00e9p\u00f4t range (c.11k SKUs) in an area of under 1,000 sqm, with a separate space to allow larger and bulk purchases to be collected. Customer reaction has been positive to date, with the focus in FY 24/25 on optimising the proposition. Assuming the format is validated, Brico D\u00e9p\u00f4t France is well positioned to penetrate more of the geographic \u2018white spaces\u2019 that exist in France. Brico D\u00e9p\u00f4t may also consider the franchising model as an option for the expansion of its network \n \n\n * **Further improving costs and productivity** \u2013 Brico D\u00e9p\u00f4t has started to deploy numerous projects to accelerate store productivity including electronic price labels in our stores (to allow price changes to be implemented more efficiently) and the implementation of self-checkout terminals. These projects will be rolled out across the Brico D\u00e9p\u00f4t France network in FY 24/25. We are also continuing to optimise store colleague operating models, with a more tailored approach to serving seasonal changes in demand. In addition, with the support of Kingfisher, the business is continuing to drive structural cost savings in the areas of supply chain and logistics and GNFR. \n\n[ For more detailed information, click here to download the final results\ndocument and visit Section 3: France performance and profitability plan, on\npage 14. ](/articles/kingfisher-20232024-results-/1402.htm)\n\nSource : Kingfisher\n\n[ For all the very latest news and intelligence on the UK's largest home\nimprovement and garden retailers, sign up for the Insight DIY weekly\nnewsletter. ](/newsletter.htm)\n\n27 March 2024\n\n## Related News\n\n[ ](/news/bq-twothirds-of-brits-now-living-in-their-forever-homes/14958.htm) \n\n[ B&Q: Two-Thirds Of Brits Now Living In Their Forever Homes ](/news/bq-\ntwothirds-of-brits-now-living-in-their-forever-homes/14958.htm)\n\n04 April 2025\n\n[ ](/news/brico-dpt-and-castorama-see-lfl-decline-amid-challenging-trading-\nconditions/14911.htm) \n\n[ Brico D\u00e9p\u00f4t And Castorama See LFL Decline Amid Challenging Trading\nConditions ](/news/brico-dpt-and-castorama-see-lfl-decline-amid-challenging-\ntrading-conditions/14911.htm)\n\n25 March 2025\n\n[ ](/news/kingfisher-bq-and-screwfix-performance/14910.htm) \n\n[ Kingfisher: B&Q And Screwfix Performance ](/news/kingfisher-bq-and-screwfix-\nperformance/14910.htm)\n\n25 March 2025\n\n[ view more International DIY News ](/news-international.htm)\n\nInsight DIY always publishes the latest news stories before anyone else and we\nfind it to be an invaluable source of customer and market information.\n\nMax Crosby Browne - CEO, Home Decor\n\nDon't miss out on all the latest, breaking news from the DIY industry\n\n[ ](/news-uk.htm)\n\n[ ](/news-uk-store.htm)\n\n[ ](/news-uk-people.htm)\n\n[ ](/news-international.htm)\n\n[ ](/news-digitalretail.htm)\n\n[ ](/knowledge-centre.htm)\n\n * [ Newsletters ](/newsletter.htm)\n * [ Retailer Profiles ](/retailer-profiles.htm)\n * [ Economic Data ](/economic-data.htm)\n * [ Best of British ](/best-of-british.htm)\n * [ Industry Partners ](/industry-partners.htm)\n * [ Price Baskets ](/price-baskets.htm)\n * [ Corporate Clothing ](/corporate-clothing.htm)\n * [ What's New ](/whats-new.htm)\n * [ Industry Events ](/events.htm)\n * [ Logos & Links ](/logos.htm)\n * [ Store Lists ](/store-lists.htm)\n\n[ ](http://www.kitchen-compare.com)\n\n## Retailers\n\n[ ](/retailers/homebase/3.htm)\n\n[ ](/retailers/wickes/6.htm)\n\n[ ](/retailers/bunnings-warehouse/51.htm)\n\n[ ](/retailers/victorian-plumbing/50.htm)\n\n[ ](/retailers/tile-giant--/49.htm)\n\n[ ](/retailers/bm-stores/48.htm)\n\n[ ](/retailers/howarth-timber-group/47.htm)\n\n[ ](/retailers/victoria-plum/46.htm)\n\n[ ](/retailers/ironmongerydirect/45.htm)\n\n[ ](/retailers/toolstation/44.htm)\n\n[ ](/retailers/amazon/43.htm)\n\n[ ](/retailers/dunelm/42.htm)\n\n[ ](/retailers/howdens-joinery/40.htm)\n\n[ ](/retailers/morrisons/39.htm)\n\n[ ](/retailers/clas-ohlson/38.htm)\n\n[ ](/retailers/poundland/37.htm)\n\n[ ](/retailers/grafton-group-plc/36.htm)\n\n[ ](/retailers/screwfix/35.htm)\n\n[ ](/retailers/bathstore/34.htm)\n\n[ ](/retailers/magnet-kitchens/28.htm)\n\n[ ](/retailers/ikea/27.htm)\n\n[ ](/retailers/wren-kitchens/26.htm)\n\n[ ](/retailers/selco-builders-warehouse/25.htm)\n\n[ ](/retailers/hobbycraft/21.htm)\n\n[ ](/retailers/next/20.htm)\n\n[ ](/retailers/john-lewis-partnership/17.htm)\n\n[ ](/retailers/the-range/15.htm)\n\n[ ](/retailers/jewson/14.htm)\n\n[ ](/retailers/dobbies-garden-centres/13.htm)\n\n[ ](/retailers/garden-centre-group/12.htm)\n\n## Quick Links\n\n * [ News ](/news.htm)\n * [ Videos ](/videos.htm)\n * [ Articles ](/articles.htm)\n * [ Jobs ](/jobs.htm)\n * [ Retailers ](/retailers-and-channels.htm)\n * [ Contact Us ](/contact.htm)\n\n## Knowledge Centre\n\n * [ Newsletters ](/newsletter.htm)\n * [ Retailer Profiles ](/retailer-profiles.htm)\n * [ Economic Data ](/economic-data.htm)\n * [ Best of British ](/best-of-british.htm)\n * [ Industry Partners ](/industry-partners.htm)\n * [ Price Baskets ](/price-baskets.htm)\n * [ Corporate Clothing ](/corporate-clothing.htm)\n * [ What's New ](/whats-new.htm)\n * [ Industry Events ](/events.htm)\n * [ Logos & Links ](/logos.htm)\n * [ Store Lists ](/store-lists.htm)\n\n## About\n\n * [ About IRG ](/about-irg.htm)\n * [ UK Store Visits ](/uk-store-visits.htm)\n * [ Training ](/training.htm)\n * [ Conferences ](/conferences.htm)\n * [ Compare Websites ](/compare.htm)\n\n## Legal\n\n * [ Privacy ](/privacy.htm)\n * [ Terms & Conditions ](/terms.htm)\n * [ Terms of Supply ](/terms-of-supply.htm)\n\n## Newsletter\n\nDon't miss out on all the latest, breaking news from the DIY industry\n\n[ ](https://www.facebook.com/industrynews/) [\n](https://twitter.com/InsightDIY) [\n](https://www.linkedin.com/company/insight-retail-group-ltd) [\n](https://www.pinterest.co.uk/009o9r2is894n2oy0vdxh589royvi8/pins/)\n\nCopyright Insight Retail Group Ltd [ design by uc4 ](https://www.uc4.co.uk)\n\n",
"url": "https://www.insightdiy.co.uk/news/kingfisher-makes-changes-to-french-management-structure/13525.htm"
},
"reason": "Insight DIY is a trade news website for the home improvement industry. The article discusses changes within Kingfisher, which previously owned Brico Depot. The information is likely reliable for industry-related news.",
"reliability_score": 0.8,
"search_query": "company 'Brico' activities value chain",
"summary": "This article discusses changes within Kingfisher, which previously owned Brico Depot.",
"url": "https://www.insightdiy.co.uk/news/kingfisher-makes-changes-to-french-management-structure/13525.htm"
},
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"source": "https://retailtechinnovationhub.com/home/2024/8/28/benelux-retailer-maxeda-diy-group-enhances-supply-chain-processes-by-deploying-blue-yonder-solutions"
},
"page_content": "[ ](/)\n\n[ ](/search)\n\n# Benelux retailer Maxeda DIY Group enhances supply chain processes by\ndeploying Blue Yonder solutions\n\n**Maxeda DIY Group has deployed Blue Yonder Demand and Fulfilment solutions.**\n\nThe company has 334 stores across the Benelux region with over 6,500\nemployees.\n\nIt operates under three brands: Praxis in the Netherlands, Brico in Belgium\nand Luxembourg, and BricoPlanit in Belgium. Maxeda DIY Group\u2019s \u201cMake it\nSustainable\u201d strategy aims to make the company and the life of its customers\nmore sustainable.\n\nIt deployed [ Blue Yonder\n](https://retailtechinnovationhub.com/home/2024/8/9/core-mark-works-with-blue-\nyonder-as-it-looks-to-digitally-transform-its-category-management-strategy)\nDemand and Fulfillment solutions in a SaaS environment, providing a single\nend-to-end demand and supply planning environment for all three company\nbrands.\n\nIt says that this significantly improved agility and informed decision-making\nby integrating processes, resulting in enhanced service levels, optimised\nstock levels, and reduced manual work that have boosted team motivation and\nfreed up working capital for strategic and high value tasks.\n\n\"For years, we have trusted Blue Yonder as a reliable supply chain solutions\nvendor, so they were a natural choice when it came to deploying our digital\ntransformation journey,\u201d says Erik Cuypers, Group CDO and CIO, Maxeda DIY\nGroup.\n\n\u201cThe collaboration with Blue Yonder Global Professional Services was\nexceptional; they helped us prioritise the right business actions, focusing on\nend-to-end category profitability, and refreshing our view of our supply chain\nstrategy, sustainability and proposition.\u201d\n\n\u201cThe teamwork and joint effort between our organisations were instrumental in\ndriving this success. As a result, we successfully achieved both technical and\nbusiness goals.\u201d\n\n\u201cWe are proud of our longstanding collaboration with Maxeda DIY Group and\nthrilled with the results achieved by their digital transformation thanks to\ndeploying our Blue Yonder Demand and Fulfilment solutions,\u201d says Rudi Boeye,\nSenior Vice President, Global Professional Services EMEA, Blue Yonder.\n\n\u201cMaxeda DIY Group has gained the necessary supply chain agility to keep pace\nwith the constant changes in the market and business landscape, futureproofing\ntheir adoption of technological advancements.\u201d\n\n**2024 RTIH INNOVATION AWARDS**\n\nSupply chain technology is a key focus area for [ the sixth edition of the\nRTIH Innovation Awards, which is now open for entries\n](https://retailtechinnovationhub.com/rtih-innovation-awards-2024) .\n\nThe awards, sponsored by [ CADS\n](https://cadsonline.com/videos/retail/storespace-retail-space-planning-\nsoftware/?utm_campaign=awards&utm_medium=banner&utm_source=rtih) , [ 3D Cloud\n](https://3dcloud.com/) , [ Retail Technology Show 2025\n](https://www.retailtechnologyshow.com/) , and [ Business France\n](https://www.businessfrance.fr/en/home) , celebrate global tech innovation in\na fast moving omnichannel world.\n\nIt\u2019s free to enter and you can do so across multiple categories.\n\n**Key 2024 dates**\n\n**Friday, 25th October:** Award entry deadline\n\n**Tuesday, 29th October:** 2024 shortlist revealed\n\n**30th October-6th November:** Judging days\n\n**Thursday, 21st November:** Winners announced at the 2024 RTIH Innovation\nAwards ceremony, to be held at [ RIBA\u2019s 66 Portland Place HQ\n](https://www.architecture.com/contact-and-visit/visit-66-portland-place) in\nCentral London.\n\n[ ](/home/2025/4/9/are-shoppers-electric-ikea-tests-out-do-it-yourself-\ndelivery-solutions-for-urban-customers)\n\nApr 9, 2025\n\n[ Are shoppers electric? Ikea tests out 'do it yourself delivery' solutions\nfor urban customers ](/home/2025/4/9/are-shoppers-electric-ikea-tests-out-do-\nit-yourself-delivery-solutions-for-urban-customers)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/9/british-supermarket-chain-waitrose-and-partners-signs-on-\nwith-polytag-ecotrace-programme)\n\nApr 9, 2025\n\n[ British supermarket chain Waitrose & Partners signs on with Polytag Ecotrace\nProgramme ](/home/2025/4/9/british-supermarket-chain-waitrose-and-partners-\nsigns-on-with-polytag-ecotrace-programme)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/8/ryft-bags-57-million-series-a-to-equip-marketplaces-and-\nplatforms-with-online-payment-solutions)\n\nApr 9, 2025\n\n[ Ryft bags \u00a35.7 million Series A to equip marketplaces and platforms with\nonline payment solutions ](/home/2025/4/8/ryft-bags-57-million-series-a-to-\nequip-marketplaces-and-platforms-with-online-payment-solutions)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/8/a-challenge-solved-with-fulfillment-by-stadium-logistics-\nsolution-for-marketplace-vendors-up-and-running)\n\nApr 9, 2025\n\n[ A challenge solved with Fulfillment by Stadium logistics solution for\nmarketplace vendors now live ](/home/2025/4/8/a-challenge-solved-with-\nfulfillment-by-stadium-logistics-solution-for-marketplace-vendors-up-and-\nrunning)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/8/online-asian-grocer-weee-agrees-stateside-partnership-with-\nforage-to-accept-snap-ebt-payments)\n\nApr 9, 2025\n\n[ Online Asian grocer Weee! agrees Stateside partnership with Forage to accept\nSNAP EBT payments ](/home/2025/4/8/online-asian-grocer-weee-agrees-stateside-\npartnership-with-forage-to-accept-snap-ebt-payments)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ 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retail\ntechnology stack ](/home/2025/4/8/travel-retailer-whsmith-north-america-\nenlists-aptos-as-it-upgrades-retail-technology-stack)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/8/chin-chin-millesima-deploys-nshift-delivery-management-and-\nexperience-platform-for-european-expansion)\n\nApr 9, 2025\n\n[ Millesima deploys nShift delivery management and experience platform for\nEuropean expansion ](/home/2025/4/8/chin-chin-millesima-deploys-nshift-\ndelivery-management-and-experience-platform-for-european-expansion)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/8/tailored-brands-deploys-ai-tech-to-enhance-demand-\nforecasting-and-inventory-management-processes)\n\nApr 9, 2025\n\n[ Tailored Brands deploys AI tech to enhance demand forecasting and inventory\nmanagement processes ](/home/2025/4/8/tailored-brands-deploys-ai-tech-to-\nenhance-demand-forecasting-and-inventory-management-processes)\n\nApr 9, 2025\n\nContinue 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briquettes are gaining momentum\nonline ](/home/2025/4/8/retail-e-commerce-trends-why-sawdust-ruf-briquettes-\nare-gaining-momentum-online)\n\nApr 9, 2025\n\nContinue reading\u2026\n\nApr 9, 2025\n\n[ ](/home/2025/4/8/manchester-based-retail-technology-firm-vypr-\nraises-5-million-to-support-international-expansion)\n\nApr 8, 2025\n\n[ Manchester based retail technology firm Vypr raises \u00a35 million to support\ninternational expansion ](/home/2025/4/8/manchester-based-retail-technology-\nfirm-vypr-raises-5-million-to-support-international-expansion)\n\nApr 8, 2025\n\nContinue reading\u2026\n\nApr 8, 2025\n\n[ ](/home/2025/4/8/fintech-big-hitter-stripe-inks-cross-border-payments-\nsystem-with-chinese-chain-luckin-coffee)\n\nApr 8, 2025\n\n[ FinTech big hitter Stripe inks cross-border payments system deal with\nChinese chain Luckin Coffee ](/home/2025/4/8/fintech-big-hitter-stripe-inks-\ncross-border-payments-system-with-chinese-chain-luckin-coffee)\n\nApr 8, 2025\n\nContinue 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](/home/2025/4/7/betting-on-\ninnovation-betinirelandie-explores-future-of-online-betting-in-ireland-as-\nretail-tech-shapes-betting-landscape)\n\nApr 8, 2025\n\nContinue reading\u2026\n\nApr 8, 2025\n\n[ ](/home/2025/4/7/uk-retailer-southern-co-op-taps-retail-insight-ai-powered-\nsolution-in-bid-to-reduce-food-waste)\n\nApr 7, 2025\n\n[ UK retailer Southern Co-op taps Retail Insight AI powered solution in bid to\nreduce food waste ](/home/2025/4/7/uk-retailer-southern-co-op-taps-retail-\ninsight-ai-powered-solution-in-bid-to-reduce-food-waste)\n\nApr 7, 2025\n\nContinue reading\u2026\n\nApr 7, 2025\n\n[ ](/home/2025/4/5/buzzwords-cop-outs-and-new-homes-ten-key-takeaways-from-an-\nelectric-retail-technology-show-2025)\n\nApr 7, 2025\n\n[ Buzzwords, cop outs, and new homes: ten key takeaways from an electric\nRetail Technology Show 2025 ](/home/2025/4/5/buzzwords-cop-outs-and-new-homes-\nten-key-takeaways-from-an-electric-retail-technology-show-2025)\n\nApr 7, 2025\n\nContinue reading\u2026\n\nApr 7, 2025\n\n[ ](/home/2025/4/5/rts-2025-panel-unified-commerce-is-better-than-industry-\ninvented-omnichannel-or-seamless-terminology)\n\nApr 7, 2025\n\n[ RTS 2025 panel: unified commerce better than industry invented omnichannel\nor seamless terminology ](/home/2025/4/5/rts-2025-panel-unified-commerce-is-\nbetter-than-industry-invented-omnichannel-or-seamless-terminology)\n\nApr 7, 2025\n\nContinue reading\u2026\n\nApr 7, 2025\n\n[ Supply chain tech ](/home/category/Supply+chain+tech) [ Staff Writer\n](/?author=58e8bf56414fb5fae5618c09) August 28, 2024 [ Maxeda DIY Group\n](/home/tag/Maxeda+DIY+Group) , [ Blue Yonder ](/home/tag/Blue+Yonder) , [\nSupply chain technology ](/home/tag/Supply+chain+technology) , [ Fulfilment\ntechnology ](/home/tag/Fulfilment+technology) , [ Demand and fulfilment\n](/home/tag/Demand+and+fulfilment) , [ Green retail ](/home/tag/Green+retail)\n, [ 2024 RTIH Innovation Awards ](/home/tag/2024+RTIH+Innovation+Awards) [\nComment 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"url": "https://retailtechinnovationhub.com/home/2024/8/28/benelux-retailer-maxeda-diy-group-enhances-supply-chain-processes-by-deploying-blue-yonder-solutions"
},
"reason": "This article from RetailTech Innovation Hub discusses Maxeda DIY Group, which owns Brico, and its supply chain enhancements. It appears to be a reputable source for retail technology news.",
"reliability_score": 0.8,
"search_query": "company 'Brico' activities value chain",
"summary": "This article discusses Maxeda DIY Group, which owns Brico, and its supply chain enhancements.",
"url": "https://retailtechinnovationhub.com/home/2024/8/28/benelux-retailer-maxeda-diy-group-enhances-supply-chain-processes-by-deploying-blue-yonder-solutions"
},
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"source": "https://www.made4diy.com/en/news/id/647.aspx"
},
"page_content": "\n\n",
"url": "https://www.made4diy.com/en/news/id/647.aspx"
},
"reason": "Made4DIY is a news source for the DIY sector. The article explicitly mentions Brico, making it relevant. While the site may have some industry bias, the information is likely reliable within that context.",
"reliability_score": 0.7,
"search_query": "company 'Brico' activities value chain",
"summary": "This article from Made4DIY explicitly mentions Brico.",
"url": "https://www.made4diy.com/en/news/id/647.aspx"
},
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"source": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
"page_content": "[ EY Logo ](https://www.ey.com/en_ro \"EY Logo\")\n\n### Insights\n\nAsking the better questions that unlock new answers to the working world's\nmost complex issues.\n\n[ Explore ](/en_ro/insights)\n\n#### Trending topics\n\n[ See more ](/en_ro/industries)\n\nSee more\n\n#### Spotlight\n\n[ AI insights ](/en_ro/services/ai)\n\n[ CEO agenda ](/en_ro/ceo)\n\n[ CFO agenda ](/en_ro/cfo-agenda)\n\n[ EY Center for board matters ](/en_ro/board-matters)\n\n[ EY podcasts ](/en_ro/media/podcasts)\n\n[ EY webcasts ](/en_ro/media/webcasts)\n\n[ Operations leaders ](/en_ro/coo)\n\n[ Technology leaders ](/en_ro/cio)\n\n[ See more ](/en_ro/insights#spotlight) \n\n### Services\n\nEY helps clients create long-term value for all stakeholders. 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The insights and\nservices we provide help to create long-term value for clients, people and\nsociety, and to build trust in the capital markets.\n\n[ Explore ](/en_ro/about-us)\n\nSee more\n\n#### Spotlight\n\n[ Global IPO divergence widens as Americas and EMEIA surge and Asia-Pacific\nslows ](/en_ro/newsroom/2024/06/global-ipo-divergence-widens-as-americas-and-\nemeia-surge)\n\n__ 28 Sep 2024 [ EY Romania ](https://www.ey.com/en_ro/people/ey)\n\n[ EY advised TehnoWorld in the transaction with Romcim, a CRH company\n](/en_ro/newsroom/2024/08/ey-advised-tehnoworld-in-the-transaction-with-\nromcim-a-crh-company)\n\n__ 12 Aug 2024 [ EY Romania ](https://www.ey.com/en_ro/people/ey)\n\n[ Institutional integrity standards are strengthening, but there are still\nchallenges ](/en_ro/newsroom/2024/07/institutional-integrity-standards-are-\nstrengthening-but-there-are-still-challenges)\n\n__ 29 Jul 2024 [ EY Romania ](https://www.ey.com/en_ro/people/ey)\n\nSearch\n\nSee all results for ' __ '\n\nNo results have been found\n\nTopics\n\nSee All\n\n* [ ]()\n\nGeneral\n\nSee All\n\nPeople\n\nSee All\n\n * [ ]()\n\nRecent Searches\n\nTrending\n\n * [ Top 10 geopolitical developments for 2024 An even more complex geopolitical environment is on the horizon. 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Read more. 09 Jan 2024 AI ](/en_ro/insights/supply-chain/how-generative-ai-in-supply-chain-can-drive-value)\n\n[ My EY ](https://login.ey.com/myey/home \"My EY\") [ My EY\n](https://login.ey.com/myey/login \"My EY\")\n\n__\n\nSelect your location\n\n__\n\nLocal sites\n\nPress release\n\n19 Dec 2024\n\n# EY advised Kingfisher on the divestment of Brico D\u00e9p\u00f4t Romania to Altex\n\nPress contact\n\n[ EY Rom\u00e2nia ](/en_ro/people/ey)\n\nOrganiza\u021bie de servicii profesionale\n\n * * [ Open X profile of EY Rom\u00e2nia ](https://twitter.com/EY_Romania \"Open X profile of EY Rom\u00e2nia\")\n * [ Open LinkedIn profile of EY Rom\u00e2nia ](https://www.linkedin.com/company/ernstandyoung \"Open LinkedIn profile of EY Rom\u00e2nia\")\n\nRelated topics\n\n[ Strategy and Transactions ](/en_ro/services/strategy-transactions)\n\n * Facebook \n * Twitter \n * LinkedIn \n * Link Copied \n\nEY Romania is privileged to advise Kingfisher, an international home\nimprovement company with over 2,000 stores and 78,000 employees, on the agreed\nsale of Brico D\u00e9p\u00f4t Romania to Altex, market leader of the Romanian electro-IT\nretail sector.\n\nDuring the EY-led process, the team provided full sell-side M&A assistance,\nstructuring and coordinating the execution of the transaction.\n\nBrico D\u00e9p\u00f4t Romania has the 2 nd largest store network on the Romania DIY\nretail market, having entered the country in 2013 via its acquisition of\nBricostore Romania and further expanding in 2017 through its acquisition of\nlocal Praktiker operations. Brico D\u00e9p\u00f4t\u2019s stores are designed to maximise\ncustomer shopping experience and address all DIY, DIFM and trade needs under\none roof. The network is supported by a strong omnichannel proposition\u200b and an\nagile centralized headquarters.\n\nFounded in 1992, Altex is Romania's market leader in electro IT retail and one\nof the largest and most recognisable Romanian brands. It currently operates\n135 stores under two brands (Altex and Media Galaxy) in around 70 cities,\ncovering all of Romania\u2019s 42 counties.\n\nEY\u2019s multi-jurisdictional team provided end-to-end M&A advisory with an\nintegrated service offering covering the full spectrum of sell-side assistance\nservices, including vendor financial and tax due diligence, as well as SPA\nadvisory and operational separation services. The successful execution of the\nannounced transaction is owed to EY\u2019s multi-disciplinary approach and globally\nintegrated network.\n\nRelated news\n\n* __\n\n* * *\n\nEY logo\n\n * [ Connect with us ](/en_ro/about-us/connect-with-us) \n\n * [ Our locations ](/en_ro/locations)\n * [ My EY ](https://login.ey.com/)\n * [ Site map ](/en_ro/functional/sitemap)\n * [ Legal and privacy ](/en_ro/legal-and-privacy)\n\n * [ Open Facebook profile ](http://www.facebook.com/pages/Ernst-Young/195665063800329 \"Open Facebook profile\")\n * [ Open X profile ](http://twitter.com/EYnews \"Open X profile\")\n * [ Open LinkedIn profile ](https://www.linkedin.com/company/1073 \"Open LinkedIn profile\")\n * [ Open Youtube profile ](http://www.youtube.com/ernstandyoungglobal \"Open Youtube profile\")\n\nEY refers to the global organization, and may refer to one or more, of the\nmember firms of Ernst & Young Global Limited, each of which is a separate\nlegal entity. 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"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
"reason": "This is a press release from EY, a reputable professional services firm, regarding their advisory role in Kingfisher's divestment of Brico Depot Romania. It's a reliable source for this specific transaction.",
"reliability_score": 0.9,
"search_query": "company 'Brico' overview financial performance",
"summary": "EY press release about advising Kingfisher on the divestment of Brico Depot Romania.",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
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"source": "https://www.maxedadiygroup.com/"
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"page_content": "We help inspire people to create the home of their desires\n\nMaxeda DIY Group is the largest DIY retailer in the Benelux with Praxis in the\nNetherlands and Brico and BricoPlanit in Belgium and Luxembourg. These retail\nchains are represented by 334 stores, both owned and in franchise form.\n\n[ Read more ](http://www.maxedadiygroup.com/about-us/)\n\nWe help inspire people to create the home of their desires\n\nMaxeda DIY Group is the largest DIY retailer in the Benelux with Praxis in the\nNetherlands and Brico and BricoPlanit in Belgium and Luxembourg. These retail\nchains are represented by 334 stores, both owned and in franchise form.\n\n[ Read more ](http://www.maxedadiygroup.com/about-us/)\n\n## Facts & Figures\n\n3\n\n**STORE FORMULAS IN THE BENELUX**\n\n334\n\n**STORES**\n\n8\n\n**OWN BRANDS**\n\n1.452 million\n\n**EUROS NET SALES**\n\n+6.50\n\n**EMPLOYEES**\n\n1.5 million\n\n**CUSTOMERS EACH WEEK**\n\n## Our Stores\n\nOur stores focus on the customers, by delive\u00adring what people want and need, \nin easy to shop stores, with help available when needed.\n\n[ ](https://www.maxedadiygroup.com/our-stores/brico/)\n\n### Brico\n\nBrico is the DIY market leader in Belgium and offers a wide range of DIY, home\ndecoration and gardening products.\n\n[ ](https://www.maxedadiygroup.com/our-stores/bricoplanit/)\n\n### BricoPlanit\n\nBricoPlanit has 14 Big Box stores in Belgium with the widest possible range of\nproducts.\n\n[ ](https://www.maxedadiygroup.com/our-stores/praxis/)\n\n### Praxis\n\nPraxis is a leading DIY brand in the Netherlands and has a total of 184\nstores.\n\n## News & Blog\n\nMaxeda DIY Group likes to keep you informed of important internal and external\nnews. Read more about our latest developments, formats, results and other\nnews.\n\nNews [ ](https://www.maxedadiygroup.com/news/new-video-series-building-a-\nsustainable-future/)\n\n## New video series: Building a sustainable future\n\nNews [ ](https://www.maxedadiygroup.com/news/maxeda-diy-group-takes-steps-\ntoward-sustainability_1/)\n\n## Maxeda DIY Group takes steps toward sustainability\n\nNews [ ](https://www.maxedadiygroup.com/news/highlights-2023-24/)\n\n## Highlights 2023/24\n\n[ View more news ](https://www.maxedadiygroup.com/news/)\n\n## Our Brands\n\nMaxeda DIY Group is a retailer of the leading brands in home improvement, some\nof which we own ourselves. There is a continued focus on improving product\nranges, both through better sourcing and improving our own brands.\n\n[ ](https://www.maxedadiygroup.com/our-brands/aquazuro/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/perfection/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/aquavive/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/central-park/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/decomode/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/sencys/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/mxpower/)\n\n[ ](https://www.maxedadiygroup.com/our-brands/baseline/)\n\n## [ Work at ](https://www.maxedadiygroup.com/careers/)\n\n[ ](https://www.werkenbijpraxis.nl/)\n\n## Working with colleagues from different departments and coming up with\nideas together and eventually realising them, is one of the most enjoyable\naspects of my job.\n\n**Demi Bording \n** Content Manager Praxis\n\nDo you want to know more about our colleagues? \nTake a look at our website!\n\n[ Vacatures ](https://www.werkenbijpraxis.nl)\n\n[ ](https://jobs.brico.be/)\n\n## Within Maxeda we work with different nationalities and we succeed in\nmerging these different DNAs in a very positive way.\n\n**Davy van Doorsselaere** \nDirector Format Strategy Maxeda DIY Group\n\nWant to know more about us? \nCheck out our website!\n\n[ Vacatures ](https://www.jobs.brico.be)\n\n * [ Company Profile ](https://www.maxedadiygroup.com/about-us/company-profile/)\n * [ Our Strategy ](https://www.maxedadiygroup.com/about-us/our-strategy/)\n * [ Corporate Governance ](https://www.maxedadiygroup.com/about-us/corporate-governance/)\n * [ Our Management ](https://www.maxedadiygroup.com/about-us/our-management/)\n * [ Careers ](https://www.maxedadiygroup.com/careers/)\n * [ Press & media ](https://www.maxedadiygroup.com/about-us/press-and-media/)\n * [ Contact ](https://www.maxedadiygroup.com/about-us/contact/)\n\n[ ](https://nl.linkedin.com/company/maxeda-diy-group)\n\n * [ Careers ](https://www.maxedadiygroup.com/careers/)\n * [ Work together ](https://www.maxedadiygroup.com/careers/work-together/)\n * [ Code of Conduct ](https://www.maxedadiygroup.com/careers/code-of-conduct/)\n\n * [ Brico ](https://www.maxedadiygroup.com/our-stores/brico/)\n * [ Praxis ](https://www.maxedadiygroup.com/our-stores/praxis/)\n * [ BricoPlanit ](https://www.maxedadiygroup.com/our-stores/bricoplanit/)\n\n * [ Aquazuro ](https://www.maxedadiygroup.com/our-brands/aquazuro/)\n * [ Perfection ](https://www.maxedadiygroup.com/our-brands/perfection/)\n * [ AquaVive ](https://www.maxedadiygroup.com/our-brands/aquavive/)\n * [ Central Park ](https://www.maxedadiygroup.com/our-brands/central-park/)\n * [ DecoMode ](https://www.maxedadiygroup.com/our-brands/decomode/)\n * [ Sencys ](https://www.maxedadiygroup.com/our-brands/sencys/)\n * [ Baseline ](https://www.maxedadiygroup.com/our-brands/baseline/)\n * [ Mxpower ](https://www.maxedadiygroup.com/our-brands/mxpower/)\n\n * [ Our focus areas ](https://www.maxedadiygroup.com/sustainability/our-focus-areas/)\n * [ ESG initiatives ](https://www.maxedadiygroup.com/sustainability/esg-initiatives/)\n * [ Code of Conduct ](https://www.maxedadiygroup.com/sustainability/code-of-conduct/)\n * [ Supply Chain ](https://www.maxedadiygroup.com/sustainability/supply-chain/)\n * [ Sustainable products ](https://www.maxedadiygroup.com/sustainability/sustainable-products/)\n\n[ ](https://nl.linkedin.com/company/maxeda-diy-group)\n\n * [ Disclaimer & Privacy ](https://www.maxedadiygroup.com/disclaimer/)\n * [ Cookies ](https://www.maxedadiygroup.com/cookies/)\n * \u00a9 2025 Maxeda DIY Group \n\nIn order to serve you better, this website.eu makes use of [ Cookies\n](https://www.maxedadiygroup.com/cookies/) . By clicking \"I agree\" or by\ncontinuing to use this website, you agree to the placing of these cookies.\n\nI agree\n\n",
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"page_content": "Skip to main content\n\nSkip to footer\n\n##### Top Results\n\nShowing\n\n10\n\n01 \\- 07\n\n * Retail / Client testimonial \n\n# Kingfisher Plc transforms CX with TCS OmniStore\u2122 commerce\n\nYou have these already downloaded\n\nWe have sent you a copy of the report to your email again.\n\n## Industry\n\n[ Retail This will open an overlay ](javascript:void\\(0\\);)\n\n## Omnichannel CX and Intelligent Innovation \u2013 The Future of Retail\n\nRead how TCS\u2019 agile and AI-powered retail solutions help businesses strengthen\nsupply chains, reimagine operations, and deliver improved customer experience.\n\n[ Learn More about Omnichannel CX and Intelligent Innovation \u2013 The Future of\nRetail ](https://www.tcs.com/what-we-do/industries/retail)\n\nRelated Insights\n\n[ TCS Talks Tech 2025: NRF and the Future of Retail ](https://www.tcs.com/who-\nwe-are/worldwide/tcs-na/podcast/tcs-talks-tech-2025-future-of-retail)\n\nListen to the podcast where Krishnan Ramanujam, President of TCS\u2019 Consumer\nBusiness Group, discusses transformation, obsolescence, AI, and the future of\nretail.\n\nPodcast\n\n11 Mar 2025\n\n[ Leveraging a Multi-cloud Strategy for Retail Agility and Innovation\n](https://www.tcs.com/what-we-do/industries/retail/white-paper/multi-cloud-\nstrategy-retail-agility-innovation)\n\nA multi-cloud approach with Microsoft Azure and Google Cloud Platform offers\nretailers an unmatched balance of flexibility, security, and operational\nefficiency.\n\nWhite Paper\n\n26 Mar 2025\n\n[ Enabling Affordable Healthcare with Pharmacy Benefits Managers\n](https://www.tcs.com/insights/blogs/pharmacy-benefits-manager-affordable-\nhealthcare)\n\nWith prices being a concern for the US healthcare consumers, pharmacy benefit\nmanagers can help retailers ensure patients get access to drugs at the best\nprice.\n\nBlog\n\n18 Mar 2025\n\n## Solution\n\n[ TCS OmniStore\u2122 This will open an overlay ](javascript:void\\(0\\);)\n\n## TCS OmniStore\u2122: A Unified Commerce Platform for Frictionless CX\n\nTCS\u2019 omnichannel retail commerce platform revolutionizes the way customers\nshop and helps retailers ensure frictionless and customer-centric experiences.\n\n[ Learn More about TCS OmniStore\u2122: A Unified Commerce Platform for\nFrictionless CX ](https://www.tcs.com/what-we-do/products-platforms/tcs-\nomnistore)\n\nRelated Insights\n\n[ TCS helps Kingfisher Plc enhance omnichannel customer experience\n](https://www.tcs.com/what-we-do/industries/retail/video/kingfisher-group-\nenhancing-omnichannel-customer-experience)\n\nWith TCS OmniStore\u2122 , Kingfisher Plc transformed the unified commerce journey\nand modernized CX with features such as self-checkout and save-the-cart.\n\nCustomer Testimonial\n\n21 Sep 2023\n\n[ TCS aide Kingfisher Plc \u00e0 am\u00e9liorer son exp\u00e9rience client omnicanale\n](https://www.tcs.com/fr-fr/nos-activites/industries/retail/video/kingfisher-\ngroup-enhancing-omnichannel-customer-experience)\n\nAvec TCS OmniStore\u2122 , Kingfisher Plc a transform\u00e9 son parcours de commerce\nunifi\u00e9 et modernis\u00e9 l'exp\u00e9rience client (CX) avec des fonctionnalit\u00e9s telles\nque le self-checkout et la sauvegarde du panier.\n\nCustomer Testimonial\n\n30 Sep 2024\n\n[ TCS Optumera\u2122 Macrospace ](https://www.tcs.com/what-we-do/products-\nplatforms/tcs-optumera/solutions/optumera-macro-space-optimization-smart-\nstore-decisions)\n\nFor maximizing store space ROI, we take a holistic space optimization approach\naligned with brand perception and superior customer experience. Learn more.\n\nSolution\n\n30 Dec 2022\n\n## HIGHLIGHTS\n\n * Kingfisher Plc, a European home improvement company, wanted to create a seamless omnichannel customer experience across geographies and its multiple banners like B&Q, Castorama, Brico D\u00e9p\u00f4t, Screwfix, TradePoint and Ko\u00e7ta\u015f in Europe. \n * TCS OmniStore\u2122, AI-powered unified commerce platform, steered the transformation using business acumen and technological expertise. \n * The Kingfisher group now experiences improved associate productivity, revenue, faster checkouts, and broader sales opportunities owing to the advanced data insights. \n\n## On this page\n\nHome improvement inpage\n\nVision to execution inpage\n\nSeamless, unified CX inpage\n\nOmnichannel journeys inpage\n\nHome improvement inpage\n\nVision to execution inpage\n\nSeamless, unified CX inpage\n\nOmnichannel journeys inpage\n\n_ _\n\n_ _\n\nBack to top Go to top\n\nOn this page inpage\n\nGo to top\n\nHome improvement Vision to execution Seamless, unified CX Omnichannel\njourneys\n\n##\n\nEvelyn needs a new kitchen\n\n[ Transcript downloading Download transcript ](/content/dam/global-\ntcs/en/media-support/videoTranscript/tcs-kingfisher-testimonial-video-\ntranscript.txt)\n\nExploring seamless customer journeys\n\nFrom dreams to seamless reality\n\n'A better world starts with better homes'. This vision of the European home\nimprovement group Kingfisher was fuelled to action by its strategic partner,\nTCS OmniStore\u2122, an AI-powered unified commerce platform. Today, customers want\nto move quickly between the physical and digital worlds for a seamless\nomnichannel shopping experience. Evelyn needs a new kitchen, but buying one\nwith a busy work and home life needs to be quick and easy. This story captures\nthe essence of how the Kingfisher group, powered by TCS OmniStore\u2122, brought\nthe vision of customers like Evelyn to life.\n\n## Envisioning unified commerce\n\nCohesive, collaborative, connected\n\nIn today\u2019s interconnected world, retail customers expect seamless, cohesive,\nand personalised experiences across all platforms\u2014online, mobile apps, and\nphysical stores. Embracing this trend, Kingfisher Plc, the European\ninternational home improvement company, selected the AI-powered TCS OmniStore\u2122\nplatform to transform its unified commerce journey.\n\nWith over 1,900 stores and 82,000 colleagues, Kingfisher operates in eight\nEuropean countries. Its retail banners include B&Q, Castorama, Brico D\u00e9p\u00f4t,\nScrewfix, TradePoint and Ko\u00e7ta\u015f, as well as e-commerce channels.\n\nThe company wanted to enhance its checkout capabilities to align with the new\npayment service providers and future-proof its entire system capabilities. The\nbusiness required a multilingual product for use across all its European\nbanners, capable of handling any legal, fiscal, and operational differences.\n\nWith over 1,900 stores and 82,000 colleagues, Kingfisher operates in 8\ncountries.\n\nTransforming customer experience\n\nCapabilites par excellence\n\nThe Kingfisher group selected TCS as its transformation partner because of its\nexperience in the retail sector, and the TCS OmniStore\u2122 platform for its\ndomain expertise enabling rapid innovation and adaptability to market trends.\nThe omnichannel platform\u2019s simple and intuitive, single-face colleague\ninterface requires minimal user training, helping sales associates move\nseamlessly from one touchpoint to another.\n\nWith features such as click-and-collect services, scan-and-go alternatives,\nmobile apps, save-the-cart and self-checkout facilities, dynamic promotion\ncapabilities and clienteling, TCS OmniStore\u2122 has made it possible for\nKingfisher to provide the ultimate modern commerce experience.\n\n> _ Swipe Left _\n>\n> _ Swipe Right _\n>\n> Our self-checkout systems have allowed us to be more efficient on the front\n> end. It's simple and our customers love it\u2026 I'm really excited about what\n> TCS OmniStore\u2122 can bring with our current systems stack.\n>\n> PETER ASH\n>\n> Product Director, Operations and Fulfilment, Kingfisher\n\nEmerging as the commerce platform of choice\n\nIntuitive, adaptable, and dynamic\n\nKingfisher has so far implemented TCS OmniStore\u2122 across two of its banners\n(B&Q in the UK and Ireland; and Castorama in France), with a third planned for\nlater this year. It is already seeing increased productivity and revenue,\nfaster checkout times, broader sales opportunities, and executing ever more\ntailored promotions thanks to new data insights.\n\n\u200b\u200bTCS OmniStore\u2122 is part of the TCS Algo Retail\u2122 suite, which enables\nretailers to seamlessly integrate and orchestrate data across the retail value\nchain, harnessing the power of analytics, AI, and machine learning to unlock\nexponential business value.\n\n\u201cWe are delighted to be the strategic partner to Kingfisher in its\ntransformation journey to reimagine the end customer experience and offer a\nunified experience across its brands in Europe. The platform is enabling\nseamless omnichannel shopping experiences, enhancing their competitive\ndifferentiation and driving growth,\u201d - **Shekar Krishnan, Head of Retail &\nCPG, UK and Europe, TCS. **\n\n\u201cTCS OmniStore\u2122 commerce was the platform of choice because of our shared\nbelief in defining a unified commerce platform. The vision and belief have now\ntaken life in these seamless payment journeys.\u201d \u200b\u2013 **Srjana Balraj, Product\nHead, TCS OmniStore\u2122\u200b**\n\n## Platform\n\n### Explore TCS OmniStore\n\nTCS OmniStore\u2122 is part of the TCS Algo Retail\u2122 suite. It enables retailers to\nintegrate and orchestrate data across the retail value chain, harnessing\nanalytics, AI & ML to unlock exponential business value.\n\n[ Read more about Explore TCS OmniStore ](https://www.tcs.com/what-we-\ndo/products-platforms/tcs-omnistore)\n\n## Related reading\n\n[ 1/4 Retail Leveraging a Multi-cloud Strategy for Retail Agility and Innovation White Paper | 26 Mar 2025 Opens in new tab ](https://www.tcs.com/what-we-do/industries/retail/white-paper/multi-cloud-strategy-retail-agility-innovation) [ 2/4 Retail 10 Retail Trends in 2025 that will Shape the Future of Shopping White Paper | 12 Mar 2025 Opens in new tab ](https://www.tcs.com/what-we-do/industries/retail/white-paper/retail-trends-2025-future-of-shopping) [ 3/4 Retail Measuring the Social Impact of ESG Initiatives White Paper | 07 Mar 2025 Opens in new tab ](https://www.tcs.com/what-we-do/industries/retail/white-paper/measuring-social-impact-esg-initiatives) [ 4/4 Retail Arunava A. Chakrabarty Future of Stores: Key Trends that will Define the Next Decade White Paper | 19 Feb 2025 Opens in new tab ](https://www.tcs.com/what-we-do/industries/retail/white-paper/future-of-stores-key-trends)\n\n## Transformation starts here\n\n[ Talk to our experts ](https://www.tcs.com/contact-us/industry-overlay/talk-\nto-an-expert-retail)\n\n[ Industries ](https://www.tcs.com/what-we-do#industries)\n\n * [ Banking ](https://www.tcs.com/what-we-do/industries/banking)\n * [ Capital Markets ](https://www.tcs.com/what-we-do/industries/capital-markets)\n * [ Consumer Packaged Goods and Distribution ](https://www.tcs.com/what-we-do/industries/consumer-goods-distribution)\n * [ Communications, Media, and Information Services ](https://www.tcs.com/what-we-do/industries/communications-media-information-services)\n * [ Education ](https://www.tcs.com/what-we-do/industries/education)\n * [ Energy, Resources, and Utilities 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"url": "https://www.tcs.com/what-we-do/industries/retail/video/kingfisher-group-enhancing-omnichannel-customer-experience"
},
"reason": "This page is from Tata Consultancy Services (TCS) and discusses their work with Kingfisher, the previous owner of Brico Depot. It highlights Kingfisher's omnichannel customer experience enhancements. TCS is a reputable company, making the information reliable.",
"reliability_score": 0.8,
"search_query": "company 'Brico' activities value chain",
"summary": "This page from TCS discusses their work with Kingfisher, the previous owner of Brico Depot.",
"url": "https://www.tcs.com/what-we-do/industries/retail/video/kingfisher-group-enhancing-omnichannel-customer-experience"
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"source": "https://media.blueyonder.com/maxeda-diy-group-digitally-transforms-its-supply-chain-with-blue-yonder/"
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"page_content": "[ ](https://media.blueyonder.com/wp-content/uploads/2024/08/Maxeda-PR-\nBanner.png)\n\n[ Press Release ](https://media.blueyonder.com/category/press-release/)\n\nMaxeda DIY Group Digitally Transforms Its Supply Chain With Blue Yonder\n\n[ ](https://media.blueyonder.com/author/mediacenter/) [ Blue Yonder\n](https://media.blueyonder.com/author/mediacenter/) , [ August 27, 2024\n](https://media.blueyonder.com/maxeda-diy-group-digitally-transforms-its-\nsupply-chain-with-blue-yonder/) __ 4 min read\n\n### _Benelux retailer enhances supply chain processes and achieves strategic\ngoals by deploying Blue Yonder Demand and Fulfillment solutions_\n\n**AMSTERDAM and DALLAS \u2013 Aug. 27, 2024 ** **\u2013** The do-it-yourself (DIY)\nretail sector contends with unique challenges and constraints, as value-\nconscious consumers, shifting season patterns and intense competition persist.\nThat\u2019s why [ Maxeda DIY Group ](https://www.maxedadiygroup.com/) , a leading\nBenelux retailer in the DIY sector, digitally transformed its strategic supply\nchain processes by deploying [ Blue Yonder ](https://blueyonder.com/) [ Demand\n](https://blueyonder.com/solutions/demand-planning) and [ Fulfillment\n](https://blueyonder.com/solutions/allocation-and-replenishment) solutions.\nThe project was led by [ Blue Yonder Global Professional Services.\n](https://blueyonder.com/services/cloud-transformation)\n\nMaxeda DIY Group is a market-leading DIY retailer that operates 334 stores\nacross the Benelux region with over 6,500 employees. It operate s under\nthree brands: Praxis in the Netherlands, Brico in Belgium and Luxembourg, and\nBricoPlanit in Belgium. Maxeda DIY Group\u2019s \u201cMake it Sustainable\u201d strategy aims\nto make the company and the life of its customers more sustainable.\n\nTo achieve their strategic goals, Maxeda DIY Group successfully deployed Blue\nYonder Demand an Fulfillment solutions in a SaaS environment, providing a\nsingle end-to-end demand and supply planning environment for all three company\nbrands. This transformation significantly improved agility and informed\ndecision-making by integrating processes, resulting in enhanced service\nlevels, optimized stock levels, and reduced manual work that have boosted team\nmotivation and freed up working capital for strategic and high-value tasks.\n\n\u201cFor years, Maxeda DIY Group has trusted Blue Yonder as a reliable supply\nchain solutions vendor, so they were a natural choice when it came to\ndeploying our digital transformation journey. The collaboration with Blue\nYonder Global Professional Services was exceptional; they helped us prioritize\nthe right business actions, focusing on end-to-end category profitability, and\nrefreshing our view of our supply chain strategy, sustainability and\nproposition. The teamwork and joint effort between our organizations were\ninstrumental in driving this success. As a result, we successfully achieved\nboth technical and business goals,\u201d said Erik Cuypers, Group CDO and CIO ,\nMaxeda DIY Group.\n\nThanks to Blue Yonder, Maxeda DIY Group has been able to:\n\n * Develop an end-to-end view of products and categories for all three of its brands. \n * Improve service levels and reduce stock-outs. \n * Create short- and long-term stock visibility to suppliers. \n * Drive change management, including from distribution center to store, as well as in supplier ordering activities. \n\n\u201cWe are proud of our longstanding collaboration with Maxeda DIY Group and\nthrilled with the results achieved by their digital transformation thanks to\ndeploying our Blue Yonder Demand and Fulfillment solutions,\u201d said Rudi Boeye,\nsenior vice president, Global Professional Services EMEA, Blue Yonder. \u201cMaxeda\nDIY Group has gained the necessary supply chain agility to keep pace with the\nconstant changes in the market and business landscape, futureproofing their\nadoption of technological advancements.\u201d\n\n**Additional Resources:**\n\n * Learn more about [ Blue Yonder solutions for Commerce ](https://blueyonder.com/solutions/luminate-commerce)\n * Solution Sheet **:** [ Drive Profitability with Allocation and Replenishment for Hardline Retailers ](https://blueyonder.com/knowledge-center/collateral/allocation-and-replenishment-for-hardlines-solution-sheet)\n * E-book **:** [ **** Future-Proofing Your Retail Strategies ](https://blueyonder.com/knowledge-center/collateral/the-future-of-retail-ebook)\n * Learn more **** about the [ Journey to Cloud ](https://blueyonder.com/services/cloud-transformation)\n\n**About Maxeda DIY Group**\n\nMaxeda DIY Group is the largest DIY retailer in the Benelux with Praxis stores\nin the Netherlands and Brico and BricoPlanit stores in Belgium and Luxembourg.\nThese retail chains are represented by 334 stores, both owned and franchised.\nMost stores have floor areas from 3,000 m \u00b2 to 5,000 m \u00b2. Maxeda DIY Group\nhas more than 6,500 employees. All stores together have over 1 million m \u00b2\nof retail space and receive more than 1.5 million customers in-store and\nonline every week. Maxeda\u2019s strategy is to make the company and the life of\nits customers more sustainable. With the strategy \u2018Make it Sustainable\u2019 Maxeda\nwants to build a sustainable and attractive retail organization through five\ngrowth engines: Store, Product, Digital & Data Intelligence, People &\nCommunity and Home.\n\n**About Blue Yonder**\n\nBlue Yonder is the world leader in digital supply chain transformation.\nRetailers, manufacturers and logistics service providers worldwide rely on\nBlue Yonder to optimize and accelerate their supply chain from planning\nthrough fulfillment, delivery, and returns. Blue Yonder\u2019s AI-driven supply\nchain platform and multi-enterprise, multi-tier network enable more\naccurate forecasting and dynamic management of capacity, inventory and\ntransport. Blue Yonder helps businesses navigate modern supply chain\ncomplexity and volatility with more resilient, sustainable supply chains to\ndelight customers, scale profitably, and run flawlessly. [ blueyonder.com\n](https://blueyonder.com/)\n\n_\u201cBlue Yonder\u201d is a trademark or registered trademark of Blue Yonder Group,\nInc. Any trade, product or service name referenced in this document using the\nname \u201cBlue Yonder\u201d is a trademark and/or property of Blue Yonder Group, Inc.\nAll other company and product names may be trademarks, registered trademarks\nor service marks of the companies with which they are associated.**** _\n\n###\n\n[ __ ](https://media.blueyonder.com/idc-blue-yonder-icon-engineering-centric-\nstrategy-with-unified-supply-chain-vision/)\n\n[ Analyst Reports ](https://media.blueyonder.com/category/analyst-reports/)\n\n[ IDC Blue Yonder ICON: Engineering-Centric Strategy with Unified Supply Chain\nVision ](https://media.blueyonder.com/idc-blue-yonder-icon-engineering-\ncentric-strategy-with-unified-supply-chain-vision/)\n\n[ Analyst Reports ](https://media.blueyonder.com/category/analyst-reports/)\n\n[ Gartner Cool Vendors in Logistics and Robotics Technology\n](https://media.blueyonder.com/gartner-cool-vendors-in-logistics-and-robotics-\ntechnology/)\n\n[ __ ](https://media.blueyonder.com/gartner-cool-vendors-in-logistics-and-\nrobotics-technology/)\n\n### Categories\n\n * [ Press Releases ](https://media.blueyonder.com/category/press-release/)\n * [ News Blogs ](https://media.blueyonder.com/category/news-blog/)\n * [ Analyst Reports ](https://media.blueyonder.com/category/analyst-reports/)\n * [ In The News ](https://media.blueyonder.com/category/in-the-news/)\n * [ Thought Leadership ](https://media.blueyonder.com/category/thought-leadership/)\n\n## In The News\n\n * [ SiliconANGLE/theCUBE: \u201cRoad to Intelligent Data Apps\u201d \u2013 Agentic Supply Chain Management ](https://media.blueyonder.com/siliconangle-thecube-road-to-intelligent-data-apps-agentic-supply-chain-management/) [ ](https://media.blueyonder.com/siliconangle-thecube-road-to-intelligent-data-apps-agentic-supply-chain-management/ \"SiliconANGLE/theCUBE: \"Road to Intelligent Data Apps\" - Agentic Supply Chain Management\")\n * [ Diginomica: Blue Yonder aims for \u2018one speed\u2019 supply chains with new AI and knowledge graph updatesDiginomica: ](https://media.blueyonder.com/diginomica-blue-yonder-aims-for-one-speed-supply-chains-with-new-ai-and-knowledge-graph-updatesdiginomica/) [ ](https://media.blueyonder.com/diginomica-blue-yonder-aims-for-one-speed-supply-chains-with-new-ai-and-knowledge-graph-updatesdiginomica/ \"Diginomica: Blue Yonder aims for \u2018one speed\u2019 supply chains with new AI and knowledge graph updatesDiginomica:\")\n * [ Diginomica: Five key steps US businesses can take to prepare for tariffs ](https://media.blueyonder.com/diginomica-five-key-steps-us-businesses-can-take-to-prepare-for-tariffs/) [ ](https://media.blueyonder.com/diginomica-five-key-steps-us-businesses-can-take-to-prepare-for-tariffs/ \"Diginomica: Five key steps US businesses can take to prepare for tariffs\")\n * [ Taking Stock With Trinity Chavez: Duncan Angove ](https://media.blueyonder.com/taking-stock-with-trinity-chavez-duncan-angove/) [ ](https://media.blueyonder.com/taking-stock-with-trinity-chavez-duncan-angove/ \"Taking Stock With Trinity Chavez: Duncan Angove\")\n * [ theCUBE + NYSE Wired: NRF Media Week \u2013 AI Retail Leaders (Duncan Angove) ](https://media.blueyonder.com/thecube-nyse-wired-nrf-media-week-ai-retail-leaders-duncan-angove/) [ ](https://media.blueyonder.com/thecube-nyse-wired-nrf-media-week-ai-retail-leaders-duncan-angove/ \"theCUBE + NYSE Wired: NRF Media Week - AI Retail Leaders \\(Duncan Angove\\)\")\n\n## Analyst Reports\n\n * [ IDC Market Analysis Perspective: Middle East, T\u00fcrkiye, and Africa Supply Chain Management Applications, 2024 ](https://media.blueyonder.com/idc-market-analysis-perspective-middle-east-turkiye-and-africa-supply-chain-management-applications-2024/) [ ](https://media.blueyonder.com/idc-market-analysis-perspective-middle-east-turkiye-and-africa-supply-chain-management-applications-2024/ \"IDC Market Analysis Perspective: Middle East, T\u00fcrkiye, and Africa Supply Chain Management Applications, 2024\")\n * [ IDC Market Analysis Perspective: European Enterprise Applications, 2024 ](https://media.blueyonder.com/idc-market-analysis-perspective-european-enterprise-applications-2024/) [ ](https://media.blueyonder.com/idc-market-analysis-perspective-european-enterprise-applications-2024/ \"IDC Market Analysis Perspective: European Enterprise Applications, 2024\")\n * [ IDC Worldwide Supply Chain Management Applications Market Shares, 2023: Maintained Focus ](https://media.blueyonder.com/idc-worldwide-supply-chain-management-applications-market-shares-2023-maintained-focus/) [ ](https://media.blueyonder.com/idc-worldwide-supply-chain-management-applications-market-shares-2023-maintained-focus/ \"IDC Worldwide Supply Chain Management Applications Market Shares, 2023: Maintained Focus\")\n * [ IDC Worldwide Supply Chain Integrated Planning Applications Market Shares, 2023: Orchestration Extended ](https://media.blueyonder.com/idc-worldwide-supply-chain-integrated-planning-applications-market-shares-2023-orchestration-extended/) [ ](https://media.blueyonder.com/idc-worldwide-supply-chain-integrated-planning-applications-market-shares-2023-orchestration-extended/ \"IDC Worldwide Supply Chain Integrated Planning Applications Market Shares, 2023: Orchestration Extended\")\n * [ IDC Worldwide Supply Chain Warehouse and Inventory Management Applications Market Shares, 2023: Warehouse Automation ](https://media.blueyonder.com/idc-worldwide-supply-chain-warehouse-and-inventory-management-applications-market-shares-2023-warehouse-automation/) [ ](https://media.blueyonder.com/idc-worldwide-supply-chain-warehouse-and-inventory-management-applications-market-shares-2023-warehouse-automation/ \"IDC Worldwide Supply Chain Warehouse and Inventory Management Applications Market Shares, 2023: Warehouse Automation\")\n\n## Media Relations Inquiries\n\n**Marina Renneke, APR** \nGlobal Corporate Communications Senior Director \n \n**Rossella Benti** \nEMEA Corporate Communications Director \n \n**Meredith Mackintosh** \nNA Corporate Communications Manager \n \n[ mediarelationsteam@blueyonder.com \n480-308-3037 ](mailto:mediarelationsteam@blueyonder.com)\n\n## Analyst Relations Inquiries\n\n**Celeste White** \nVice President, Global Analyst Relations \n \n**Sarah Hart** \nProgram Director, Global Analyst Relations \n \n**Lindsey Hiefield** \nProgram Manager, Global Analyst Relations \n \n[ analyst.relations@blueyonder.com ](mailto:analyst.relations@blueyonder.com)\n\nCopyright \u00a9 2024 Blue Yonder, Inc. 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"url": "https://media.blueyonder.com/maxeda-diy-group-digitally-transforms-its-supply-chain-with-blue-yonder/"
},
"reason": "This is a press release from Blue Yonder about Maxeda DIY Group's (owner of Brico) digital transformation of its supply chain. As a company announcement, it's likely reliable for the information presented, though potentially biased towards positive outcomes.",
"reliability_score": 0.8,
"search_query": "company 'Brico' activities value chain",
"summary": "This is a press release from Blue Yonder about Maxeda DIY Group's (owner of Brico) digital transformation of its supply chain.",
"url": "https://media.blueyonder.com/maxeda-diy-group-digitally-transforms-its-supply-chain-with-blue-yonder/"
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"source": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
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Brico D\u00e9p\u00f4t\u2019s stores are designed to maximise\ncustomer shopping experience and address all DIY, DIFM and trade needs under\none roof. The network is supported by a strong omnichannel proposition\u200b and an\nagile centralized headquarters.\n\nFounded in 1992, Altex is Romania's market leader in electro IT retail and one\nof the largest and most recognisable Romanian brands. It currently operates\n135 stores under two brands (Altex and Media Galaxy) in around 70 cities,\ncovering all of Romania\u2019s 42 counties.\n\nEY\u2019s multi-jurisdictional team provided end-to-end M&A advisory with an\nintegrated service offering covering the full spectrum of sell-side assistance\nservices, including vendor financial and tax due diligence, as well as SPA\nadvisory and operational separation services. The successful execution of the\nannounced transaction is owed to EY\u2019s multi-disciplinary approach and globally\nintegrated network.\n\nRelated news\n\n* __\n\n* * *\n\nEY logo\n\n * [ Connect with us ](/en_ro/about-us/connect-with-us) \n\n * [ Our locations ](/en_ro/locations)\n * [ My EY ](https://login.ey.com/)\n * [ Site map ](/en_ro/functional/sitemap)\n * [ Legal and privacy ](/en_ro/legal-and-privacy)\n\n * [ Open Facebook profile ](http://www.facebook.com/pages/Ernst-Young/195665063800329 \"Open Facebook profile\")\n * [ Open X profile ](http://twitter.com/EYnews \"Open X profile\")\n * [ Open LinkedIn profile ](https://www.linkedin.com/company/1073 \"Open LinkedIn profile\")\n * [ Open Youtube profile ](http://www.youtube.com/ernstandyoungglobal \"Open Youtube profile\")\n\nEY refers to the global organization, and may refer to one or more, of the\nmember firms of Ernst & Young Global Limited, each of which is a separate\nlegal entity. 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"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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"summary": "EY advised Kingfisher on the divestment of Brico Depot Romania to Altex.",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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"page_content": "__\n\n__\n\nClaritas est etiam processus dynamicus, qui sequitur mutationem consuetudium\nlectorum eleifend option congue nihil imperdiet doming.\n\n## Latest News\n\n * [ ](https://www.bricoalliance.eu/ermitazas/) [ Ermita\u017eas ](https://www.bricoalliance.eu/ermitazas/)\n\n24 May, 2022\n\n * [ ](https://www.bricoalliance.eu/united-hardware/) [ United Hardware ](https://www.bricoalliance.eu/united-hardware/)\n\n24 May, 2022\n\n * [ ](https://www.bricoalliance.eu/coferdroza/) [ Coferdroza ](https://www.bricoalliance.eu/coferdroza/)\n\n24 May, 2022\n\n##### Contact Us\n\n * 123 6th St. Melbourne, FL 32904 \n * Phone: (888) 123-4567 \n * Email: info@example.com \n\n## Follow Us On\n\n * [ __ ](http://www.linkedin.com/company/2151717)\n\nOur partners\n\n[ Home ](https://www.bricoalliance.eu) __ [ Our partners\n](https://www.bricoalliance.eu/category/our-partners/) __ Cipir\n\nIn the DIY sector, customers cannot find a more hospitable \u201chome\u201d, a place\noffering a solution for all DIY problems than the Cipir stores. \nCipir Srl was founded in 1930 as a manufacturer of paints and varnishes under\nthe \u201cColorificio Fasana\u201d brand. Today it is led by the brothers Fabio and\nAntonio Pirazzi who have further developed the production activity. \nIn 1982, the Pirazzi brothers had the intuition to diversify the company by\nentering the retail market. The opening of the first store was followed by the\ndevelopment and launch of the CIPIR brand, and growth with major retailers to\nthe current 19 centres specializing in do-it-yourself. \nInitial contacts with the consumer public took place in the early 1970s when,\nin a time of market slowdown, a company was opened to sell the paint directly\nto private customers. \nIn the meantime, the concept of DIY slowly began to grow in Italy too. \nThe decision was then taken to open the first store by adding other typical\ndo-it-yourself products on top of the paint products already on offer. \nToday the company is present in the provinces of Novara, Varese, Verbania and\nVicenza.\n\n[ www.faidanet.it ](http://www.faidanet.it/)\n\nTurnover:\n\n\u20ac30 000 000\n\nNumber of stores:\n\n20\n\n[ ](/)\n\nBricoalliance was founded in 2006 as **a knowhow and purchase platform for\nindependent retail chains** .\n\nWe provide our partners with knowledge of the markets, products and suppliers.\n\n##### Quick Links\n\n * [ About Us ](https://www.bricoalliance.eu/about-us/)\n * [ Contact us ](https://www.bricoalliance.eu/contact-us/)\n * [ Who is who ](https://www.bricoalliance.eu/who-is-who/)\n * [ Our partners ](https://www.bricoalliance.eu/our-partners/)\n\n##### Head Office\n\nKoralenhoeve 35 \n2160 Wommelgem \nBelgium\n\nPhone: +32 3 350 36 04 \nE-mail: [ info@bricoalliance.eu ](mailto:info@bricoalliance.eu)\n\n * [ Privacy statement ](https://www.bricoalliance.eu/privacy/)\n\nBricoalliance 2022\n\nWe use cookies on our website to give you the most relevant experience by\nremembering your preferences and repeat visits. By clicking \u201cAccept All\u201d, you\nconsent to the use of ALL the cookies. However, you may visit \"Cookie\nSettings\" to provide a controlled consent.\n\nCookie Settings Accept All\n\nManage consent\n\n#### Privacy Overview\n\nThis website uses cookies to improve your experience while you navigate\nthrough the website. Out of these, the cookies that are categorized as\nnecessary are stored on your browser as they are essential for the working of\nbasic functionalities of the website. We also use third-party cookies that\nhelp us analyze and understand how you use this website. These cookies will be\nstored in your browser only with your consent. You also have the option to\nopt-out of these cookies. But opting out of some of these cookies may affect\nyour browsing experience.\n\nNecessary\n\nAlways Enabled\n\nNecessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously. Cookie | Duration | Description \n---|---|--- \ncookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category \"Analytics\". \ncookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category \"Functional\". \ncookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category \"Necessary\". \ncookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category \"Other. \nviewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. \n \nFunctional\n\nFunctional cookies help to perform certain functionalities like sharing the\ncontent of the website on social media platforms, collect feedbacks, and other\nthird-party features.\n\nPerformance\n\nPerformance cookies are used to understand and analyze the key performance\nindexes of the website which helps in delivering a better user experience for\nthe visitors.\n\nAnalytics\n\nAnalytical cookies are used to understand how visitors interact with the\nwebsite. These cookies help provide information on metrics the number of\nvisitors, bounce rate, traffic source, etc.\n\nOthers\n\nOther uncategorized cookies are those that are being analyzed and have not\nbeen classified into a category as yet.\n\nSAVE & ACCEPT\n\n",
"url": "https://www.bricoalliance.eu/utility-2/"
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"reason": "This is the official website of Brico Alliance, making it a highly reliable source of information about the company and its activities.",
"reliability_score": 1.0,
"search_query": "company 'Brico' activities value chain",
"summary": "This is the official website of Brico Alliance.",
"url": "https://www.bricoalliance.eu/utility-2/"
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"source": "https://consumergoods-industry.katoennatie.com/news/katoen-natie-kingfisher-frances-long-standing-partner-in-france/"
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"page_content": " * * [ ](tel:+)\n\n * [ Send us a message ](/contact/)\n * [ Find a location ](/locations/)\n\n * [ ](https://www.linkedin.com/company/katoen-natie-cgi)\n * [ ](https://nl-nl.facebook.com/KatoenNatieOfficial/)\n * [ ](https://www.instagram.com/katoennatieofficial/)\n * [ ](https://www.youtube.com/channel/UC_z1Pu5g2zeKFIRjnjZlPtg)\n\n[\n](https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Fconsumergoods-\nindustry.katoennatie.com%2Fnews%2Fkatoen-natie-kingfisher-frances-long-\nstanding-partner-in-\nfrance%2F&linkname=Katoen%20Natie%2C%20Kingfisher%20France%E2%80%99s%20Long-\nStanding%20Partner%20in%20France \"Facebook\") [\n](https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Fconsumergoods-\nindustry.katoennatie.com%2Fnews%2Fkatoen-natie-kingfisher-frances-long-\nstanding-partner-in-\nfrance%2F&linkname=Katoen%20Natie%2C%20Kingfisher%20France%E2%80%99s%20Long-\nStanding%20Partner%20in%20France \"Twitter\")\n\n05.04.24\n\n# Katoen Natie, Kingfisher France\u2019s Long-Standing Partner in France\n\nWith a shared vision of supply chain excellence, Kingfisher France and Katoen\nNatie, a global leader in logistics and storage solutions, continue to develop\ntheir longstanding partnership serving the home improvement market since 2005.\n\nThe Kingfisher Group, a European DIY and Home Improvement retailer, trades\nthrough its brands Brico D\u00e9p\u00f4t, Castorama, B&Q, Screwfix, Tradepoint and\nKoctas. Together they number more than 2.000 stores and e-commerce sites, with\nover 80.000 employees in eight European countries: England and Ireland,\nPoland, Romania, Spain, Portugal, Turkey and France.\n\nIn France, Kingfisher France currently has 220 Castorama and Brico D\u00e9p\u00f4t\nstores. To support the growth of its French business, Kingfisher France has\nput its trust in their expert logistics partner, Katoen Natie. Since 2005,\nKatoen Natie has provided all warehousing services for these 220 stores via\ntwo warehouses in Le Havre and Saint-Martin-de-Crau. \u201c _Our common history\nstarted with services provided at Le Havre, through which we quickly became\naware of Katoen Natie\u2019s responsiveness, flexibility and agility. Subsequently,\nKatoen Natie won a second tender to manage our logistics in the South of\nFrance. Beyond operational performance, we share values and a strong strategic\nvision for the further development of our logistic network. Our relationship\nis based more on real partnership than simple provision of services,\u201d_ says\nEtienne de La Codre, Director of Logistics and Transport at Kingfisher France.\n\n**Sharing a \u201ccultural fit\u201d and a pragmatic vision of logistics.**\n\nToday Katoen Natie manages all warehousing services for Brico D\u00e9p\u00f4t, from a\nsimple screw to a 6m long awning. These activities include the collection of\ncontainers from the port, unloading, palletizing, storage, order preparation,\npacking and despatch. Since 2019, Katoen Natie was additionally granted the\nmanagement of Kingfisher France\u2019s complex flow of garden products from the\nCastorama brand. Furthermore, strengthened by its ownership model of\nwarehousing facilities, Katoen Natie is able to adapt its proposal to the\nclient\u2019s needs in terms of surface area, process or even specific equipment,\nwith the aim of offering a partnership arrangement beneficial to both parties.\n\u201c _There is undeniably, a good fit between our strategic and cultural position\npolicies. Katoen Natie supports us perfectly in our philosophy of development,\ncosts and continuous improvement. We like and share the value they place on\nsimplicity and efficiency, as well as their customer service ethos. We are\ntherefore perfectly aligned,\u201d_ emphasises Etienne de La Codre.\n\nSince 2005, both organisations have pursued an alignment with the joint\nambition to develop and co-create successful innovations, particularly\nimproving on the work environment and wellbeing of staff on site. A notable\nexample is the implementation of a specific picking tool using suction pads,\ndedicated to glazed doors and windows in 2020. This enabled operators to\nachieve improved ergonomics, limiting the challenging nature of the process\nand providing increased safety in the warehouse. \u201c _Katoen Natie has this\nability to provide us with technological innovation, enabling us to make\nprogress in the way products are palletised and despatched. Together we have\ndecreased product breakage and reduced risk as well as our costs and decreased\nthe arduousness of the processes. We are engaged in genuine dialogue aimed at\ncontinuous improvement,\u201d_ concludes Kingfisher France\u2019s director of Logistics\nand Transport.\n\nThe two companies are currently considering innovative new projects with the\nlong-term aim of co-construction.\n\n| Etienne de La Codre serves as the Logistics & Transport Director of\nKingfisher France. He is a supply chain expert with extensive experience from\nboth supplier and retailer perspectives in a global context. His expertise\nlies in supply chain management, emphasizing a customer service-oriented\napproach. \n---|--- \n| \n \n| **The Kingfisher Group** is a European group specialising in DIY and home\nimprovement. Present in France through its Castorama and Brico D\u00e9p\u00f4t brands,\nKingfisher France has 220 retail outlets and nearly 20,000 employees. \n---|--- \n \n## Other news articles\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/smarter-quality-management-with-katoen-naties-cloud-based-qms/)\n\n08.04.25\n\n[ Smarter Quality Management with Katoen Natie\u2019s Cloud-Based QMS\n](https://consumergoods-industry.katoennatie.com/news/smarter-quality-\nmanagement-with-katoen-naties-cloud-based-qms/)\n\nQuality is non-negotiable. From safety protocols to customer satisfaction,\nconsistent and transparent quality processes are essential for operational\nexcellence. That\u2019s why at Katoen Natie, we\u2019ve developed a **cloud-based\nQuality Management System (QMS)** that helps us \u2014 and our customers \u2014 maintain\nhigh standards, resolve issues efficiently, and continuously improve\nperformance.\n\n## **Why Use a Digital QMS?**\n\nOur QMS acts as a central hub for all things related to quality. It\u2019s more\nthan just a tool \u2014 it\u2019s a structured way of working that brings clarity,\naccountability, and speed to quality-related workflows. Here\u2019s how it supports\ndaily operations:\n\n * **Accessible Anytime, Anywhere:** As a cloud-based platform, our QMS can be accessed from any device, making it easy to stay connected across sites and teams. \n * **Task & Flow Automation: ** Built-in flow management tools streamline processes with automated tasks, notifications, and easy collaboration between teams. \n * **Standardized Forms:** Templates and structured forms ensure consistency across sites, improving data quality and simplifying reporting. \n * **Centralized Communication:** All communication related to a quality flow is logged in one place, reducing mail traffic and improving traceability. \n * **Clear Ownership:** Each task is assigned to a named user with a unique login, ensuring follow-up and full accountability. \n\n## **Core Quality Flows: Managing Issues Proactively**\n\nOur QMS includes several pre-defined workflows that help track, resolve, and\nlearn from quality-related issues:\n\n * **Complaint Flow:** Gives customers a direct channel to report outbound issues to our operations team. \n * **Non-Conformity Flow:** Flags discrepancies found during inbound checks, which are communicated clearly back to the customer. \n * **CAPA Flow:** Supports corrective and preventive actions to fix recurring problems and improve overall process stability. \n * **Transport Claims Flow:** Handles transport-related complaints and coordinates follow-up between admin, carrier, and finance departments. \n\n## **Audit and Safety Flows: Keeping Standards High**\n\nWe\u2019ve also built specialized flows to support audits and on-site safety\nmanagement:\n\n * **Monthly HSEQ Audits:** Digital audits linked to reporting dashboards provide an easy way to monitor trends and spot gaps. \n * **Dangerous Situations Flow:** Enables teams to report and resolve safety hazards before they become incidents. \n * **Battery Room Audits:** Regular checks ensure safe and compliant operation in battery storage areas. \n\n## **Additional Features for Tailored Quality Control**\n\nBecause not every situation fits neatly into a standard workflow, our QMS\nincludes additional features that offer flexibility where it\u2019s needed most.\nThe **Business Request Flow** allows teams to manage special customer requests\nin a structured and traceable manner, ensuring nothing falls through the\ncracks. Meanwhile, the **Closing Tour** feature enables end-of-shift checks by\nscanning QR codes at designated locations, allowing teams to log results\ndirectly into the system. This not only enhances visibility but also\nstrengthens on-site security and compliance.\n\n## **Quality at the Core of Operations**\n\nAt Katoen Natie, we see quality not as a separate task, but as something built\ninto every aspect of our operations. Our **cloud-based QMS** supports that\nmindset by offering an integrated, user-friendly platform that ensures\nconsistency, transparency, and accountability. Whether it\u2019s resolving non-\nconformities, handling complaints, or improving safety through audits, our QMS\nhelps us stay aligned with customer expectations and regulatory standards \u2014\nwhile also giving teams the tools they need to act quickly and effectively.\nSpeak with an [ **expert** ](https://consumergoods-\nindustry.katoennatie.com/contact/) today to discover how our approach to\nquality management can support your operations.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/smarter-\nquality-management-with-katoen-naties-cloud-based-qms/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/seamless-wms-tms-integration-enhancing-logistics-efficiency/)\n\n13.03.25\n\n[ Seamless WMS & TMS Integration: Enhancing Logistics Efficiency\n](https://consumergoods-industry.katoennatie.com/news/seamless-wms-tms-\nintegration-enhancing-logistics-efficiency/)\n\nIn the logistics industry, **efficient transport management** is key to smooth\noperations. Many businesses rely on third-party **Transport Management Systems\n(TMS)** to coordinate shipments, track deliveries, and ensure compliance. But\nwithout seamless communication between warehouse and transport systems,\ninefficiencies and delays can occur. At Katoen Natie, we specialize in\nintegrating our Warehouse Management System (WMS) with third-party TMS\nplatforms, ensuring a fast, reliable, and compliant flow of data between\nwarehouse and transport providers.\n\n## **Why Integrate WMS with TMS?**\n\nIntegrating warehouse and transport systems eliminates the need for manual\ndata entry, reduces errors, and speeds up the shipping process. Our **plug-\nand-play integration** allows for: \u2714 **Quick onboarding of new carriers** with\nstandardized labels and electronic data exchange (EDI). \u2714 **Faster shipping\nprocesses** with automated label printing and transport updates. \u2714\n**Compliance assurance** by ensuring all transport data meets industry and\ncarrier-specific requirements.\n\n##\n\n## **How Katoen Natie Makes TMS Integration Simple**\n\nTo enhance flexibility and ensure smooth communication with various transport\nproviders, we\u2019ve developed generic transport messages that can be adapted to\ndifferent customer needs. Using middleware, we can translate transport\nmessages into the correct format for any TMS, making integrations faster and\nmore cost-effective. **Tailored Integration Solutions** We recognize that many\ncustomers prefer to use their own **TMS platforms** . To accommodate this, we\nprovide **direct integration** between our WMS and external TMS solutions. Our\n**pre-configured transport messages** include:\n\n * **Label printing request and response** : Easily request and process shipping label requests. \n * **Return label printing request and response** : Easily request and process return label or document requests. \n * **Cancel or close messages** : Ensure seamless shipment cancellations or modifications. \nThese **standardized messages** allow for **fast and flexible TMS\nintegration** , reducing manual intervention and ensuring smooth warehouse-to-\ntransport communication. **Flexible Label Processing for Any Transport\nProvider** With **versatile label processing** , we ensure that the right\nshipping documents are always available:\n\n * If the required shipping data is already provided by the customer, we generate labels based on a simple reference. \n * If labels need to be created within an external TMS, we send all relevant shipment details for automatic label generation. \nThis flexibility means that regardless of the TMS in use, we can **seamlessly\nintegrate** and ensure **fast, accurate label generation** .\n\n## **A Smarter Approach to Transport Integration**\n\nAt Katoen Natie, we are committed to providing robust and standardized\nintegration solutions that guarantee success and efficiency. Our **TMS\nintegration solutions** ensure that warehouse and transport operations are\nseamlessly connected, offering a wide range of possibilities tailored to our\ncustomers' needs. By leveraging middleware and generic transport messages, we\ndeliver optimized performance and superior service, helping our customers\nachieve their logistics goals. Experience the difference with Katoen Natie's\nTMS integration solutions. Speak with an [ **expert** ](https://consumergoods-\nindustry.katoennatie.com/contact/) today to learn more about how we can\nstreamline your transport operations.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/seamless-\nwms-tms-integration-enhancing-logistics-efficiency/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/empowering-a-sustainable-future-the-rise-of-lithium-batteries/)\n\n03.03.25\n\n[ Empowering a Sustainable Future: The Rise of Lithium Batteries\n](https://consumergoods-industry.katoennatie.com/news/empowering-a-\nsustainable-future-the-rise-of-lithium-batteries/)\n\nAt Katoen Natie Consumer Goods and Industry, we are committed to pioneering\nsustainable practices. After a thorough and collaborative study, we made the\nstrategic decision to transition to lithium batteries for our rolling\nequipment. **Environmental Benefits** One of the key drivers behind this shift\nis the environmental advantage of lithium-ion batteries. Unlike traditional\nlead-acid batteries, lithium-ion batteries do not contain harmful substances\nsuch as lead or sulfuric acid, making them a safer and more sustainable\noption. Their extended lifespan also means fewer batteries end up in\nlandfills, significantly reducing our environmental footprint. While lithium-\nion batteries offer significant sustainability advantages, their production\nrequires rare metals such as lithium and cobalt, which come with environmental\nand ethical concerns. The extraction of these materials can have ecological\nimpacts, and recycling remains a challenge. However, advancements in battery\nrecycling are improving, ensuring that with proper management, lithium-ion\nbatteries remain a more sustainable alternative. **Operational Efficiency and\nCost Savings** Beyond environmental benefits, lithium-ion batteries require\nminimal maintenance compared to their lead-acid counterparts, reducing both\ndowntime and operational costs. Additionally, their ability to handle multiple\nintermediate charges without performance issues ensures greater flexibility\nand uptime for our equipment, leading to increased productivity and\nefficiency. **A Collaborative Effort** This transition was made possible\nthrough the collective expertise of our Fleet Managers, the Excellence Center,\nCentral Purchase, Risk team, and trusted suppliers. Their combined efforts\nhave played a vital role in implementing this sustainable innovation and\nensuring a smooth transition. **Moving Towards a Greener Future** By adopting\nlithium battery technology, Katoen Natie takes another bold step towards a\nmore sustainable and efficient future. This initiative underscores our ongoing\ncommitment to environmental stewardship, operational excellence, and\ninnovative solutions. We are committed to doing our part by implementing\nsustainable solutions that benefit both our operations and the planet.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/empowering-\na-sustainable-future-the-rise-of-lithium-batteries/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/efficient-labour-management-in-logistics-how-katoen-natie-optimises-workforce-operations/)\n\n28.11.24\n\n[ Efficient Labour Management in Logistics: How Katoen Natie Optimises\nWorkforce Operations ](https://consumergoods-\nindustry.katoennatie.com/news/efficient-labour-management-in-logistics-how-\nkatoen-natie-optimises-workforce-operations/)\n\nIn the fast-paced logistics industry, efficient labour management is crucial.\nWarehouses are dynamic environments where every second counts, and optimizing\nworkforce operations is essential to maintain a competitive edge. At Katoen\nNatie, we leverage technology to revolutionize labour management through an\ninnovative, integrated approach. **Linking Labor Planning with Warehouse\nOperations** Labor planning extends beyond scheduling shifts; it involves\naligning workforce resources with the real-time demands of warehouse\nactivities. By integrating labour management with our Warehouse Management\nSystem (WMS), we create a seamless flow of information that transforms\noperations. Every scan, task, and movement is logged in real-time, providing\nunparalleled visibility into workforce performance. This integration allows\nus to capture essential metrics, including: \u2022 Hours worked per team or\nindividual. \u2022 Volumes of goods handled. \u2022 Task lead times With this data, we\ngain a comprehensive overview of operations, laying the foundation for data-\ndriven decision-making that enhances efficiency and minimizes waste.\n**Advanced Planning for Peak Productivity** Effective labour management relies\non robust planning. Our system uses advanced tools to: \u2022 Optimize resource\nallocation based on demand patterns. \u2022 Seamlessly assign tasks through the WMS\n\u2022 Adjust schedules dynamically to minimize downtime. By automating these\nprocesses, we ensure the right number of employees are available at the right\ntime, whether during peak hours or off-peak shifts. This reduces manual\nintervention, prevents underutilization of resources, and improves overall\nwarehouse productivity. **Automating Data Capture for Accuracy &\nComprehensive Time Tracking ** Our labour management solutions automate data\ncapture for; productive tasks, overhead activities (like administrative or\nmanagerial work), volumes handled, and task completion. This ensures accurate\nand up-to-date data for analysis. Reliable data leads to better planning and\nsharper insights, helping us identify opportunities for continuous\nimprovement. This comprehensive system also tracks time utilization across the\nwarehouse. Our system tracks not only productive hours, but also logs time\nspent on overhead activities by various profiles such as operational managers,\nkey account managers and administrative staff. This holistic view of time\nutilization helps operational managers and HR teams pinpoint inefficiencies\nand implement targeted improvements. **Data-Driven Insights for Smarter\nDecisions** Analysing trends and performance data empowers our team to make\ninformed, proactive decisions. By identifying productivity patterns, we can: \u2022\nAddress bottlenecks before they escalate \u2022 Reallocate resources to high-\npriority tasks \u2022 Continuously refine workflows to achieve maximum efficiency\nThis approach ensures operations remain agile and responsive to changing\ndemands.\n\n## **Financial and HR Alignment**\n\nOur labour management solutions deliver tangible benefits for financial and HR\nprocesses. This is done by enabling accurate cost calculation through grouping\nworked hours by employee type (e.g., interim, fixed, overhead) for precise\noperational cost analysis, and ensuring payroll accuracy by linking paid hours\nto actual worked hours. This aligns HR and payroll data and acts as a reliable\ncontrol mechanism. These features reduce administrative overhead while\nimproving transparency and accuracy across departments.\n\n## **Leading the Way in Labor Management**\n\nAt Katoen Natie, we are not just adapting to industry trends\u2014we are setting\nthe standard. Our Integrated Labor Management Solutions combine cutting-edge\ntechnology with practical insights, delivering real value to our operations\nand clients. By connecting labour planning with warehouse systems, we ensure\nevery action is efficient, every resource is optimized, and every decision is\nbacked by data. Curious to see how data-driven labour management can transform\nyour operations? Reach out to us and speak with an [ **expert**\n](https://consumergoods-industry.katoennatie.com/contact/) **** today and take\nthe first step toward a smarter, more efficient supply chain.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/efficient-\nlabour-management-in-logistics-how-katoen-natie-optimises-workforce-\noperations/)\n\nLoad more\n\n**Katoen Natie**\n\nVan Aerdtstraat 33 \nB-2060 Antwerpen\n\n[ ](mailto:)\n\n[ ](tel:+)\n\n[ LinkedIn ](https://www.linkedin.com/company/katoen-natie-cgi) [ Facebook\n](https://nl-nl.facebook.com/KatoenNatieOfficial/) [ Instagram\n](https://www.instagram.com/katoennatieofficial/) [ YouTube\n](https://www.youtube.com/channel/UC_z1Pu5g2zeKFIRjnjZlPtg)\n\n * [ Sitemap ](https://consumergoods-industry.katoennatie.com/sitemap/)\n * [ Downloads ](https://consumergoods-industry.katoennatie.com/downloads/)\n\n2025 \u00a9 Katoen Natie. All rights reserved. - [ Cookie policy\n](https://www.katoennatie.com/cookie-policy/) \\- [ Visitor\u2019s privacy policy\n](https://www.katoennatie.com/visitors-privacy-policy/)\n\n",
"url": "https://consumergoods-industry.katoennatie.com/news/katoen-natie-kingfisher-frances-long-standing-partner-in-france/"
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"reason": "This article from Katoen Natie's consumer goods industry section discusses their partnership with Kingfisher in France. Kingfisher previously owned Brico Depot. The information is likely reliable but may be presented from Katoen Natie's perspective.",
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"search_query": "company 'Brico' activities value chain",
"summary": "This article from Katoen Natie discusses their partnership with Kingfisher in France, who previously owned Brico Depot.",
"url": "https://consumergoods-industry.katoennatie.com/news/katoen-natie-kingfisher-frances-long-standing-partner-in-france/"
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"page_content": "[ ](/)\n\n[ Login ](https://app.brico.ai/login) [ Get a Demo ](/contact)\n\n## Related posts\n\nStay updated with the latest news and media mentions about Brico.\n\n[ View all ](/insights)\n\n[ Insights Mar 25, 2025 How long does it take to get my MTLs? How long does\nit really take to get MTLs? The answer isn\u00e2\u0080\u0099t one-size-fits-all\u00e2\u0080\u0094but there\nare clear patterns. Some states are fast, others are tricky, and your strategy\nmatters. This blog breaks down the three smartest ways to approach licensing,\ndepending on your goals. Read more ](/post/how-long-does-it-take-to-get-my-\nmtls)\n\n[ Press Sep 11, 2024 Brico Raises $8.1M to Set a New Standard in Financial\nLicensing Brico is transforming financial licensing by automating 80% of the\nprocess and cutting costs by 50-60%. In just nine months, we\u00e2\u0080\u0099ve helped\ncompanies like Funding Circle, Bilt and Marqeta streamline compliance. Backed\nby top investors, we\u00e2\u0080\u0099re setting a new standard in the industry. Learn more\nabout our journey here. Read more ](/post/brico-raises-8-1m-to-set-a-new-\nstandard-in-financial-licensing)\n\n[ Case Study Sep 9, 2024 Simplifying Lending Licensing: Funding Circle and\nBrico\u00e2\u0080\u0099s Journey Funding Circle (now iBusiness Funding) used Brico's\nautomated platform to streamline the SBA license application process,\nachieving a 32% cost reduction and saving 50% of the legal team's time.\nBrico's efficiency helped secure licenses faster and expanded operations\neffortlessly. Read more ](/post/simplifying-lending-licensing-funding-\ncircle-and-bricos-journey)\n\n[ View all ](/insights)\n\n[ ](/)\n\nContact:\n\n[ sales@brico.ai ](mailto:sales@brico.ai?subject=Inquiry%20about%20Brico)\n\n[ ](https://www.linkedin.com/company/bricoai/)\n\n[ New License Applications ](/new-license-applications) [ License Maintenance\nand Renewals ](/maintenance-and-renewals)\n\n[ About Brico ](/about) [ Insights ](/insights) [ Contact ](/contact)\n\n\u00c2\u00a9 2024 Brico. All rights reserved.\n\nPrivacy Policy\n\n",
"url": "https://www.brico.ai/post/how-much-do-mtls-cost"
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"reason": "This is a blog post from Brico.AI discussing the cost of MTLS. As it is from the company itself, it is a reliable source of information.",
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"page_content": "Blog Regtech September 11, 2024\n\n# Our Investment in Brico: Bringing Joy to the Financial Licensing Process\n\nBy [ Emmalyn Shaw ](https://flourishventures.com/profile/emmalyn-shaw/) [\nKabir Kumar ](https://flourishventures.com/profile/kabir-kumar/) [ Matt Kelly\n](https://flourishventures.com/profile/matt-kelly/)\n\nWe are very excited to announce our investment in [ Brico\n](http://www.brico.ai) . We join Pear Ventures, Cambrian Ventures and Restive\nVentures in an $8.1 million seed round to help the business meet the demands\nof its rapidly growing customer base.\n\nFounded in 2023 by Snigdha Kumar and Edward Swiac, Brico serves financial\ninstitutions and fintechs that must apply for and maintain licenses of all\ntypes at the state and federal levels. For a tenth of the cost of what it\ntakes today to obtain licenses, Brico offers a software solution that allows\nlicense applicants to manage the entire license process, renew licenses, and\nmaintain license needs.\n\nBrico was born out of Snigdha\u2019s personal experience applying for and\nmaintaining licenses as a product lead, first at Digit and then at Opportun\nwhere she had senior product roles. While financial institutions often work\nwith law firms for their license process, the burden of managing the\noperations of the licensing process falls on the applicant. The task is\ncumbersome, painful, and, as Snigdha observes, \"without any joy whatsoever.\u201d\nShe has known many colleagues and customers to either quit a job at some point\nin their career \u2013 or wish they did \u2013 burdened by the challenges of licensing.\n\nAs the market for financial services firms grows, so does the overall volume\nof licenses . Larger non-bank providers are known to apply for and maintain\nhundreds of licenses. License categories include money transfer, lending,\nmortgage, insurance, securities, debt collection, brokerage, digital assets,\nearned wage access, areas of consumer finance, and more. For example, to\noperate any money movement business or process any payments in the US, you\nneed a money transmitter license (MTL), and to have national coverage, most\ncompanies need MTLs in at least 45 states.\n\nThe area has been ripe for fit-for-purpose specialized workflow software.\nOften companies will postpone getting a license for a particular financial\nservice because it is both time-consuming and costly, capping their overall\nrevenue potential. For more than 50,000 licensed financial services firms and\n25,000 fintech companies, licensing expenses are estimated to be 5-10% of a\ncompany\u2019s revenue.\n\n**Brico has impressive traction for an 11-month-old startup**\n\nThe founding team has moved super fast, both at shipping products and securing\ncustomers. Edward\u2019s experience building sophisticated B2B solutions at Marqeta\nand Snigdha\u2019s intimate knowledge of the license workflow has meant fast\nturnaround times on the solution. The company also has several senior legal\nand regulatory professionals providing guidance and support, including their\nown head of compliance.\n\nBrico\u2019s solution supports three licensing categories already: money transfer,\nlending, and mortgage. Broker-dealer and insurance are on the immediate\nroadmap. The solution aims to work across the license lifecycle: new license\napplication, licensing maintenance, audit & exam, and compliance monitoring\n\nThe product offers automated data extraction capabilities, allowing Brico to\nintegrate into a company\u2019s internal systems via API to extract information\nrelevant for licensing or process via a data dump. It also features a workflow\nand collaboration tool with a reminder system, robotic process automation-\nsupported form filing, and real-time data synchronization with regulatory\nwebsites.\n\nThe company has already secured 20 paying customers from early-stage start-ups\nto publicly listed companies One lending institution has achieved significant\nefficiencies with Brico's licensing solution. Specifically, it experienced a\n30% cost reduction and automated 80% of its processes. Another large-scale\nvertical SaaS provider has moved up its payments offering on its roadmap after\nit decided to partner with Brico.\n\nWe have known Snigdha for almost a decade across different chapters of her\ncareer and feel privileged that we can be part of her journey here. We are\nexcited to back a leader in the financial innovation space. Brico is also part\nof our thesis and commitment to strengthening the compliance and anti-fraud\nstack in financial services in keeping with our principles to make the\nfinancial systems safe and fair for all.\n\n[ __ Back to Insights ](https://flourishventures.com/insights/)\n\n#### Top Flourish News\n\n[\n](https://twitter.com/share?url=https://flourishventures.com/perspectives/why-\nwe-invested-in-brico/ \"Twitter\") [\n](https://www.linkedin.com/shareArticle?url=https://flourishventures.com/perspectives/why-\nwe-invested-in-brico/ \"Linkedin\")\n\n[ ](https://flourishventures.com/)\n\nFollow Us On\n\n[ __ ](https://www.facebook.com/FlourishVentureCapital/) [\n](https://twitter.com/flourishVC) [ __\n](https://www.instagram.com/flourishvc_/) [ __\n](https://www.linkedin.com/company/flourishventures/about/?viewAsMember=true)\n[ __ ](https://www.youtube.com/@flourishventures2082/featured)\n\nFlourish Ventures \u00a9 2025 | All Rights Reserved. \n\nManage Cookie Consent\n\nWe and our vendors use technology that collects or records personal data about\nyour use of our site so we can improve and personalize our products and\nservices, for analytics and marketing, and to fulfill your requests. We may\nalso share this information with marketing vendors, social media companies,\nand analytics partners, which may be considered \u201ctargeted advertising,\u201d\n\u201cselling,\u201d or \u201csharing\u201d under some state laws. [ Privacy Policy\n](https://flourishventures.com/flourish-privacy-policy/) . By using our\nwebsite, you acknowledge and agree to our [ Terms of Use\n](https://flourishventures.com/flourish-terms-of-use/) .\n\nFunctional Always active\n\nThe technical storage or access is strictly necessary for the legitimate\npurpose of enabling the use of a specific service explicitly requested by the\nsubscriber or user, or for the sole purpose of carrying out the transmission\nof a communication over an electronic communications network.\n\nPreferences\n\nThe technical storage or access is necessary for the legitimate purpose of\nstoring preferences that are not requested by the subscriber or user.\n\nStatistics\n\nThe technical storage or access that is used exclusively for statistical\npurposes. The technical storage or access that is used exclusively for\nanonymous statistical purposes. 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We may\nalso share this information with marketing vendors, social media companies,\nand analytics partners, which may be considered \u201ctargeted advertising,\u201d\n\u201cselling,\u201d or \u201csharing\u201d under some state laws. [ Privacy Policy\n](https://flourishventures.com/flourish-privacy-policy/) . By using our\nwebsite, you acknowledge and agree to our [ Terms of Use\n](https://flourishventures.com/flourish-terms-of-use/) .\n\nFunctional Always active\n\nThe technical storage or access is strictly necessary for the legitimate\npurpose of enabling the use of a specific service explicitly requested by the\nsubscriber or user, or for the sole purpose of carrying out the transmission\nof a communication over an electronic communications network.\n\nPreferences\n\nThe technical storage or access is necessary for the legitimate purpose of\nstoring preferences that are not requested by the subscriber or user.\n\nStatistics\n\nThe technical storage or access that is used exclusively for statistical\npurposes. The technical storage or access that is used exclusively for\nanonymous statistical purposes. Without a subpoena, voluntary compliance on\nthe part of your Internet Service Provider, or additional records from a third\nparty, information stored or retrieved for this purpose alone cannot usually\nbe used to identify you.\n\nMarketing\n\nThe technical storage or access is required to create user profiles to send\nadvertising, or to track the user on a website or across several websites for\nsimilar marketing purposes.\n\nManage options Manage services Manage vendors [ Read more about these\npurposes ](https://cookiedatabase.org/tcf/purposes/)\n\nView preferences\n\n{title} {title} {title}\n\n",
"url": "https://flourishventures.com/perspectives/why-we-invested-in-brico/"
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"reason": "This article explains why Flourish Ventures invested in Brico. It provides insight into the company's potential and is a reliable source for understanding the investment perspective.",
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"search_query": "company 'Brico' risk regulatory compliance",
"summary": "Article explaining why Flourish Ventures invested in Brico.",
"url": "https://flourishventures.com/perspectives/why-we-invested-in-brico/"
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"source": "https://treasury-management.com/articles/kingfisher-france-targets-big-baskets-with-bnp-paribas-unique-a2a-payments-solution"
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"page_content": "# Kingfisher France Targets Big Baskets with BNP Paribas\u2019 Unique A2A Payments\nSolution\n\nPublished: June 22, 2022\n\n [ Tom Alford ](/author/tom-alford)\n Deputy Editor, Treasury Management International \n\n**When Europe-wide retailer Kingfisher Group wanted to find a way for higher-\nspending customers of its Castorama and Brico D\u00e9p\u00f4t retail home-improvement\noutlets in France to pay for their goods, BNP Paribas responded with a unique\ninstant Account-to-Account payments solution. Antoine Leclercq, Cash Manager,\nCastorama France, and Sa\u00efd Ouastani, Global Cash Management Relationship\nManager, BNP Paribas, explain this shopping revolution.**\n\nCustomers of two of France\u2019s leading home improvement merchants, Castorama and\nBrico D\u00e9p\u00f4t, who undertake more involved domestic projects \u2013 such as kitchen\nor bathroom refits \u2013 often have high value baskets.\n\n**Antoine Leclercq** \nCash Manager, Castorama France\n\nWhile cards represent the predominant means of payment in these shops,\ncustomers who are working on those bigger projects often find that their\ncredit limits are quickly reached. This is frustrating for the customer and\nfor the shop.\n\nCheques are sometimes used, but these are expensive and slow to process, and\nare a risk for the seller. Cash payment for a typical large project basket is\nsimply inconvenient. Often the only way to ensure the funds are available is\nvia a convoluted and time-consuming wire transfer process. This creates a\nback-office headache for Kingfisher\u2019s French entities, and often acts as a\npurchasing disincentive for the customer.\n\nWorking with its banking partner BNP Paribas, the Kingfisher team in France\nfound a remedy that it has now deployed across all 228 in-country shops. And,\naccording to feedback so far, customers and sales staff thoroughly approve.\n\n**Sa\u00efd Ouastani** \nGlobal Cash Management Relationship Manager, BNP Paribas\n\n## Finding the answer\n\nThe solution has its roots in the regulatory changes of PSD2 that paved the\nway for open banking, the roll-out of banking APIs, and the arrival of SEPA\nInstant Payments. These combine with emerging account-to-account (A2A) payment\ncapabilities. For all its apparent complexity, BNP Paribas and Kingfisher have\ncreated a solution that ultimately simplifies and enhances the payments\nexperience for all parties.\n\nThe conversations around how best to take payments from the bigger-basket\nshopper in Kingfisher\u2019s stores started in early 2020, recalls Ouastani. At the\ntime, the successful solution was still on the drawing board, he confirms.\n\nThen in March 2021, BNP Paribas announced the launch of its Instanea real-time\npayments platform, in partnership with open banking payments solution vendor,\nToken. This joint initiative heralded the arrival of a new way for the bank\u2019s\nmerchant customers across Europe to improve their customers\u2019 payment\nexperience. \u201cWe maintained regular discussions with Kingfisher about their\nchallenges, and with the arrival of Instanea we could immediately see how it\nwould meet their requirements,\u201d says Ouastani.\n\nInstanea is an instant payments initiation solution. It easily integrates with\nmultiple payments channels to deliver immediate settlement. The concept is\ncentred on delivering A2A capabilities, enhancing the speed and increasing the\nsecurity of transactions for merchants and customers. It also means common\ncard-payments risks, like chargebacks, are now eliminated because each payment\nis irrevocable, being securely and instantly authenticated by the customer in\ntheir own banking portal.\n\n## A2A in action\n\nWhen a purchase is made, the shop sets up the payment process, using the\ncustomer\u2019s preferred contact tool, including email, text, and instant\nmessaging apps such as WhatsApp. To facilitate this, the services of third-\nparty middleware vendor, Paytweak, are employed.\n\nA \u201cstrong partnership\u201d already existed between BNP Paribas and Paytweak, says\nthe firm\u2019s CEO, Thierry Meimoun. With Kingfisher connected to Instanea,\nPaytweak\u2019s project team was fully involved in the implementation and\nintegration of the solution with the merchant\u2019s own systems, he reports. The\nproject was deployed onsite and was live in a matter of days.\n\n**Thierry Meimoun** \nCEO Paytweak\n\n\u201cNow, as the gateway between BNP Paribas, Kingfisher and its customers, we are\nable to trigger the payments and provide reports, integrating these directly\nwith the merchant\u2019s financial systems, ultimately ensuring the customer\nexperience is fast, smooth and secure,\u201d he says.\n\nPaytweak\u2019s platform (which is offered in 11 languages) uses customer and sales\ndata to automatically generate a one-click secure payments link to BNP\nParibas\u2019 Instanea, which it sends to the customer. The message incorporates\nthe transaction details alongside additional valuable customer data. It also\nincludes an innovative unique transaction identifier code.\n\nUpon receipt of this message, the customer accesses Instanea where they choose\ntheir online bank. They are redirected to that bank to validate the details\nand then authorise the payment. The customer\u2019s bank initiates several checks,\nsuch as sufficient funds availability either in the customer\u2019s account or\nthrough their approved overdraft facility. If all is well, the bank proceeds\nwith the irrevocable instant payment from the customer\u2019s bank account to the\nrelevant Kingfisher BNP Paribas account.\n\nKingfisher receives instant notification of the payment action, along with all\nthe relevant transactional data and the unique identifier. Paytweak\nsimultaneously notifies the shop of the receipt of its customer\u2019s funds, the\nshop is then able to release the goods. The entire round trip for this to\nhappen takes just a few seconds. As Meimoun says, \u201cfrom start to finish, this\nis a near real-time experience\u201d.\n\n## Collaborative approach\n\n\u201cWe chose the solution as one that is both agile and fast,\u201d comments\nCastorama\u2019s Leclercq on the programme\u2019s roll-out. Having explored the key\nconnectivity, security, user experience, and contractual elements, within six\nmonths of gaining the green light for what was essentially a pilot programme,\nall Kingfisher shops in France were live.\n\nPayments via the solution are now being handled with similar ease. Indeed,\npoint-of-sale personnel are now even using mobile devices connected to a\ncentral system, enabling them to initiate and finalise customer transactions\nwhile still on the shop floor, bypassing the traditional checkout desks.\n\n\u201cThis is a totally new means of payment,\u201d enthuses Leclercq. \u201cWe are the first\nretailer to put this on the shop floor.\u201d The fact that both the roll-out and\nthe live use of the system have the qualities of speed and agility is no\naccident, he adds. Indeed, both Kingfisher and BNP Paribas worked closely to\ndefine and develop this innovative customer payments experience.\n\n\u201cIt was truly a joint project. At the beginning we had a discussion about\nInstanea, with BNP Paribas looking for partners to test this new platform,\u201d\nrecalls Leclercq. \u201cWe were really happy to be involved; this was a fitting\nsolution for the challenges we had identified, and we quickly agreed to work\nand learn together, discovering the solution\u2019s capabilities.\u201d\n\nFortnightly and then monthly meetings between the operations teams of\nCastorama and Brico D\u00e9p\u00f4t, and the technical teams from BNP Paribas and\nPaytweak, were timetabled to ensure early identification and resolution of\npotential challenges. \u201cIt was a well-managed project with a clear connection\nbetween all parties,\u201d states Leclercq.\n\n## Working for the win\n\nAlthough the project was established under pilot scheme protocols, it is clear\nthat the initial discussions involving all teams ensured relatively smooth\nprogress. The rapid pilot deployment gave Kingfisher the ability to quickly\nvalidate the reliability of the set up, and to have comparable data throughout\nits network, notes Leclercq. \u201cWe wanted to address various difficulties for\nhigh-value baskets, and here the pilot has clearly met our expectations.\u201d\n\nThere were some issues to be resolved, he notes, but none were show-stoppers.\n\u201cIt\u2019s a new means of payment, and in the wider payments space, for example,\nthe range of daily spending limits imposed by different customer bank accounts\nhas not been fully standardised,\u201d he comments. So while most customers know\ntheir credit card limits, few know their bank account\u2019s per-transaction\ntransfer limit. This means that occasionally shop staff have to try processing\ndifferent amounts until that threshold is discovered.\n\nOf course, shop staff will learn to recognise the limits for different types\nof bank account. In the longer term though, this is the type of issue that any\nnew system will likely face when coming up against rules designed for legacy\nsystems and processes. As new payments models such as A2A gather momentum, so\nthe rules supporting them will mature. It is certainly not seen as a long-term\nproblem by Kingfisher, the lack of any issue of substance throughout the\nproject far outweighing any such short-term inconvenience.\n\nOne aspect of the new payments programme that has immediately added\nsignificant value for Kingfisher is the improvement to its reconciliations\nprocess. The unique identifier auto-generated by Paytweak travels end-to-end\nwith every payment. When funds hit a Kingfisher bank account, all identifiers\nare incorporated within the following bank statement from BNP Paribas. This\nenables Kingfisher\u2019s back-office team to fully automate reconciliations for\nthese transactions.\n\n## All-round success\n\nDespite being a new concept, the process from discovery to delivery has been a\nsuccess, says Leclercq. \u201cThe sales staff in the shops are very pleased with\nthe solution; it\u2019s easy to use, it\u2019s GDPR-compliant, and it helps their\ncustomers. The back-office team are really happy too,\u201d he confirms.\n\nThe pilot phase over, Kingfisher in France is now seeking to expand the use of\nthe solution by customers. It is also exploring ways of incorporating it into\nits web sales platform. The notion of instant refunds to customers has also\nbeen mooted by BNP Paribas, fully leveraging the flexibility, speed, and\nagility of the platform. For now though, Kingfisher\u2019s customers can get on\nwith their DIY projects, unhindered by outdated payments processes.\n\n### Sign up for **free** to read the full article\n\n[ Login ](/login?redirect=/articles/kingfisher-france-targets-big-baskets-\nwith-bnp-paribas-unique-a2a-payments-solution) [ Register\n](/register?redirect=/articles/kingfisher-france-targets-big-baskets-with-bnp-\nparibas-unique-a2a-payments-solution)\n\nArticle Last Updated: May 03, 2024\n\nTags: [ BNP Paribas ](/companies/bnp-paribas) [ Application Programming\nInterfaces (APIs) ](/tag/apis) [ Payments and Collections ](/tag/payments-and-\ncollections) [ PSD2 ](/tag/psd2) [ Real-Time Payments ](/tag/real-time-\npayments) [ Regulation ](/tag/regulation) [ Standardisation\n](/tag/standardisation)\n\n## Related Content\n\n[ Read more about Regulatory Round-up with the EACT ](/articles/regulatory-\nround-up-with-the-eact)\n\nRegulation & Standards ### [ Regulatory Round-up with the EACT\n](/articles/regulatory-round-up-with-the-eact) [ The European financial\nregulatory environment is one of the most homogenised in the world and yet it\nstill forces corporate treasurers to stay constantly alert for local nuances,\nrevisions and wholesale changes. With the current European Parliament\u2019s term\nrunning from 2019 to 2024, now is a good time to cast an eye over what is [\u2026]\n](/articles/regulatory-round-up-with-the-eact)\n\n[ Read more about Sharpening the Competitive Edge ](/articles/sharpening-the-\ncompetitive-edge)\n\nTreasury Technology ### [ Sharpening the Competitive Edge\n](/articles/sharpening-the-competitive-edge) [ The Future of Treasury\nTechnology Technology has played a key role in shaping corporate treasury over\nthe past few decades, but the best is yet to come. Bank of America\u2019s Dhiraj\nBajaj, Head of Financial Institutions and Non-Bank Financial Institutions\nSales, Asia Pacific, Global Transaction Services, and Chandana Thanthrige,\nHead of Financial Institutions and Transactional [\u2026] ](/articles/sharpening-\nthe-competitive-edge)\n\n[ Read more about Time for Real-Time Payments: Banks Embracing the Payments\nRevolution ](/articles/time-for-real-time-payments-banks-embracing-the-\npayments-revolution)\n\nTreasury Technology ### [ Time for Real-Time Payments: Banks Embracing the\nPayments Revolution ](/articles/time-for-real-time-payments-banks-embracing-\nthe-payments-revolution) [ Significant change is under way in the world of\npayments, with new, client-centric capabilities transforming how we transact.\nCarl Slabicki discusses how the real-time landscape is evolving, and how banks\nand the wider industry can make real-time payments a reality on both the local\nand global stage. Real-time payments are increasingly becoming a global norm\n[\u2026] ](/articles/time-for-real-time-payments-banks-embracing-the-payments-\nrevolution)\n\n[ Read more about Modernising Payments Across the Organisation\n](/articles/modernising-payments-across-the-organisation)\n\nCash & Liquidity Management ### [ Modernising Payments Across the\nOrganisation ](/articles/modernising-payments-across-the-organisation) [\nCorporate treasurers are the nerve centre of a corporation but their roles are\nquite complex. They manage everything from the corporate cash position to\nregulatory compliance to risk management to payments. They are also dealing\nwith volatile market events, changes to business models and supply chains, and\na new world fraught with payment fraud and [\u2026] ](/articles/modernising-\npayments-across-the-organisation)\n\n## Footer\n\n[ Proud partner of ](https://eact.eu)\n\n[ Home ](/) [ Directory ](/directory) [ Podcast ](/podcast) [ Blog ](/blog) [\nVideos ](/videos) [ News ](/news)\n\n#### Categories\n\n[ Banking ](/category/banking) [ Cash & Liquidity Management ](/category/cash-\nliquidity-management) [ Centralisation ](/category/centralisation) [ Country &\nRegional Focus ](/category/country-focus) [ Crypto & DeFi ](/category/crypto-\nand-defi) [ CSR & ESG ](/category/corporate-social-responsibility) [ Data\nAnalytics ](/category/data-analytics) [ Foreign Exchange ](/category/foreign-\nexchange) [ My Life in Treasury ](/category/my-life-in-treasury)\n\n[ People in Focus ](/category/people-in-focus) [ Regulation & Standards\n](/category/regulation-standards) [ Risk Management ](/category/risk-\nmanagement) [ Tax, Accounting & Legal ](/category/tax-accounting-legal) [\nTrade Finance ](/category/trade-finance) [ Treasury Strategy & Transformation\n](/category/treasury-strategy-transformation) [ Treasury Technology\n](/category/treasury-technology)\n\n#### Quick Links\n\n[ Privacy Policy ](/privacy-policy) [ Terms and Conditions ](/terms-and-\nconditions) [ Contact Us ](/contact-us)\n\n\u00a9 2025 P4Publishing Limited All rights reserved. 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"url": "https://treasury-management.com/articles/kingfisher-france-targets-big-baskets-with-bnp-paribas-unique-a2a-payments-solution"
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"summary": "Article discussing Kingfisher's payment solutions, mentioning Brico.",
"url": "https://treasury-management.com/articles/kingfisher-france-targets-big-baskets-with-bnp-paribas-unique-a2a-payments-solution"
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"source": "https://careers.kingfisher.com/job/southampton/security-risk/identity-access-management-governance-manager/2025-105172"
},
"page_content": "## 0 jobs found\n\n### Oops, \njob not found\n\n## but we found these jobs that may be of interest?\n\n[ ](/)\n\n## Social Links\n\n## Job Search\n\n### Location\n\n[ Search now ](/job-search)\n\nCopyright \u00a9 2025 Kingfisher group\n\n## Are you curious about what it\u2019s like to work at Kingfisher?\n\nWe\u2019d love to tell you more!\n\n[ Talk to us ](/talk-to-us \"Talk to us\")\n\n",
"url": "https://careers.kingfisher.com/job/southampton/security-risk/identity-access-management-governance-manager/2025-105172"
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"reason": "This is a job posting from Kingfisher, which owns Brico. It's a reliable source for understanding the company's security and risk management needs.",
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"search_query": "company 'Brico' risk regulatory compliance",
"summary": "Job posting from Kingfisher for a security risk management role.",
"url": "https://careers.kingfisher.com/job/southampton/security-risk/identity-access-management-governance-manager/2025-105172"
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"source": "https://www.linkedin.com/company/bricoai"
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"page_content": "Skip to main content\n\n# Brico\n\n## Financial Services\n\n#### Licensing OS for Financial firms\n\n[ Follow\n](https://www.linkedin.com/login?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai&fromSignIn=true)\n\n * [ View all 31 employees ](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fsearch%2Fresults%2Fpeople%2F%3FfacetCurrentCompany%3D%255B100056320%255D)\n\n * [ Report this company ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=COMPANY&_f=guest-reporting)\n\n## About us\n\nBrico empowers businesses to effortlessly navigate the complexities of\nacquiring, renewing, and managing compliance for various financial licenses,\nincluding Credit, Money Transmitter, Mortgage Loan Originator, and more,\nacross all 50 states in the US. Our mission is to make regulatory compliance\nboth seamless and cost-effective. With our user-friendly tools, you can reduce\nyour time and money spent on financial licenses. Say goodbye to the headaches\nof complex spreadsheets and hello to a future of hassle-free financial\nlicensing. Join us on the journey to unlock financial innovation by removing\nthe biggest barrier to entry.\n\nWebsite\n\n [ https://www.brico.ai/ ](https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Ebrico%2Eai%2F&urlhash=LzTJ)\n\nExternal link for Brico\n\nIndustry\n\n Financial Services \n\nCompany size\n\n 11-50 employees \n\nHeadquarters\n\n San Francisco \n\nType\n\n Privately Held \n\nFounded\n\n 2023 \n\nSpecialties\n\n Regulation, MTLs, Lending Licenses, and Mortgage Loan Originator licenses \n\n## Locations\n\n * Primary \n\nSan Francisco, US\n\n[ Get directions ](https://www.bing.com/maps?where=San+Francisco+US)\n\n## Employees at Brico\n\n * ### [ Molly Siems Cavanaugh Business Development Leader | Revenue Growth & Sales Strategist | Expert in High-Impact Partnerships ](https://www.linkedin.com/in/molly-siems-cavanaugh)\n * ### [ Jobe Danganan CEO & Co-Founder at LexText.AI | GC ](https://www.linkedin.com/in/jobedanganan)\n * ### [ Brock Lanoza Builder of FinTech ](https://www.linkedin.com/in/brocklanoza)\n * ### [ Akshay Narkhede Software Engineer @ Brico | MSCS @ IUB | Founding Team at Financepeer (Google Incubated), Built products (0->1) for $10M+ mntly trx. & 300k+ users ](https://www.linkedin.com/in/akshay-narkhede)\n\n[ See all employees\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fsearch%2Fresults%2Fpeople%2F%3FfacetCurrentCompany%3D%255B100056320%255D)\n\n## Updates\n\n * [ ](https://www.linkedin.com/posts/bricoai_statement-on-stablecoins-activity-7315471767089598465-RI5R)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n15h\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\n\ud83d\udea8 Big win for stablecoins Great news for our stablecoin customers! ICYMI, the\nSEC released a statement clarifying that certain stablecoins are not\nclassified as securities. The SEC just clarified that certain fiat-backed,\nredeemable stablecoins\u2014those backed 1:1 with low-risk, liquid assets\u2014are not\nconsidered securities. \ud83d\udc49 Read the full statement: [ https://lnkd.in/eYya3GtD\n](https://lnkd.in/eYya3GtD) This is a huge milestone for the industry. But\nlet\u2019s be clear: \u2705 This is not a free pass. \u2705 This is permission to build\u2014with\nguardrails. \ud83d\udca1 So, what does this mean for the industry? \ud83d\udd12 Trust is now the\ncompetitive edge. Issuers who play by the rules\u2014transparent reserves, clear\nredemption, no yield gimmicks\u2014will be the ones powering compliant, scalable\npayment infrastructure. \ud83d\udcdc Stablecoins still need licenses. This SEC\nclarification does not override the need for money transmitter licenses (MTLs)\nor other state-level virtual currency approvals. That\u2019s the foundation of\ntrust for regulators, partners, and users alike. \ud83d\udcc8 It\u2019s go-time for serious\noperators. With regulatory fog lifting, now is the moment to build trusted,\nmainstream-ready stablecoin products. The ones that can plug into banks,\nwallets, and global finance\u2014with compliance baked in. At [ Brico\n](https://www.linkedin.com/company/bricoai) , we help stablecoin issuers and\nFinTechs get licensed faster, stay compliant longer, and scale without legal\ndrag. If you're building stablecoin rails and want to do it right, now\u2019s the\ntime. \ud83d\udee0\ufe0f Get in touch at [ brico.ai ](http://brico.ai) to learn how Brico can\nhelp. [ #Stablecoins\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fstablecoins)\n[ #Compliance\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcompliance)\n[ #MTLs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmtls)\n[ #FinTech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintech)\n[ #RegTech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fregtech)\n[ #Payments\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fpayments)\n[ #Crypto\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcrypto)\n[ #Licensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flicensing)\n[ #Brico\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fbrico)\n[ #DigitalTrust\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fdigitaltrust)\n\n[\n](https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Esec%2Egov%2Fnewsroom%2Fspeeches-\nstatements%2Fstatement-stablecoins-040425&urlhash=x2l9)\n\n` ` ` `\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_how-long-does-it-take-to-get-my-mtls-activity-7313646361009102848-wBvo)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n5d\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\nAt [ Brico ](https://www.linkedin.com/company/bricoai) , we are often\napproached by fintech founders who are getting their MTLs for the first time.\nWe see a lot of the same questions come up, so thought we\u2019d proactively\naddress some of them here (and caveat that we don't offer legal advice). \ud83c\udfc1\nQUESTION 1: What do I need to have in place before I apply for MTLs? ANSWER:\nThere is some nuance depending on your business model, but in general you\nshould have: 1) a fractional compliance person in the U.S. to apply for your\nlicenses (who later becomes full time); 3) a U.S. bank account; 4) a U.S.\nlegal entity to hold the licenses; 5) a physical US office (private office in\na co-working space is fine, but cannot be a hot seat); 6) $500,000-$1M net\nworth on the balance sheet (can be more or less depending on the state, and if\ndoing all 50 states, it is recommended to have at least $4M to get\nunderwritten for surety bonds); and 7) many states require audited financials\nreflecting this net worth. \u231b QUESTION 2: How quickly can I get the MTLs?\nANSWER: The short answer is it can take anywhere from 2 months to 2 years,\ndepending on the state. Luckily we wrote a blog post about this very thing.\nCheck it out: [ https://lnkd.in/gnDtGWZT ](https://lnkd.in/gnDtGWZT) \ud83d\udcb5\nQUESTION 3: How much will this cost me, all-in? ANSWER: There are 2 parts to\nthe costs: State fees (we wrote a blog post on those, see [\nhttps://lnkd.in/gxvJD3kE ](https://lnkd.in/gxvJD3kE) ) and Brico\u2019s fees. We\ncharge a flat fee, as opposed to services firms who bill by the hour. We are\ntypically 1/10 the cost of a law firm, and about 1/3 the cost of other\nlicensing services firms. Brico is the first automated financial licensing\nplatform, with expert humans in the loop. Our smart data mapping drastically\nreduces the time and cost of getting your MTLs. Reach out to us at [ brico.ai\n](http://brico.ai) to find out how we are setting the standard for financial\nlicensing! [ #MTLs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmtls)\n[ #MSBs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmsbs)\n[ #financiallicensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffinanciallicensing)\n[ #licensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flicensing)\n[ #fintech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintech)\n\n[\n](https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Ebrico%2Eai%2Fpost%2Fhow-\nlong-does-it-take-to-get-my-mtls&urlhash=6cxz)\n\n` ` ` `\n\n[ 23\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` ` [ 2 Comments\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_fintech-regtech-cfpb-activity-7312926503179010050-ZOQT)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n1w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\n[ Forbes ](https://www.linkedin.com/company/forbes-magazine) released a\ncautionary tale this morning, emphasizing the need for fintechs to stay\nvigilant regardless of the turmoil at the CFPB. The article echoed many of the\nsame points our CEO [ Snigdha Kumar ](https://www.linkedin.com/in/snigdha-\nkumar-00620742) made in her post two weeks ago - - most importantly that\nfintechs need to strengthen their compliance protocols in this uncertain\nenvironment, as state regulators will move to fill any regulatory gaps at the\nfederal level. Reposting here for visibility. Forbes article: [\nhttps://lnkd.in/eBjKEjaF ](https://lnkd.in/eBjKEjaF) At [ Brico\n](https://www.linkedin.com/company/bricoai) , we monitor regulatory shifts in\nreal time, to ensure fintech leaders can get and maintain financial licenses\ncompliantly. Want to learn more? Let\u2019s talk. \ud83d\udd0d [ #Fintech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintech)\n[ #RegTech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fregtech)\n[ #CFPB\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcfpb)\n[ #Compliance\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcompliance)\n[ #OpenBanking\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fopenbanking)\n[ #BricoAI\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fbricoai)\n[ #licensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flicensing)\n[ #MTLs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmtls)\n[ #MSBs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmsbs)\n\n[ ](https://www.linkedin.com/in/snigdha-kumar-00620742)\n\n[ Snigdha Kumar ](https://www.linkedin.com/in/snigdha-kumar-00620742)\n\nCEO and Co-founder @ Brico | FinTech nerd | Product and operations leader \n\n3w\n\nOver the past month, I\u2019ve been asked one question more than any other: \u201cWhat\u2019s\nthe impact of today\u2019s regulatory uncertainty and perceived federal leniency?\u201d\n1\ufe0f\u20e3 Federal regulators may be easing up, but state regulators aren\u2019t changing.\nRegulatory shifts at the federal level make headlines, but states don\u2019t take\ncues from Washington. Their priorities remain unchanged\u2014consumer protection,\nfinancial stability, and enforcement 2\ufe0f\u20e3 States are actively stepping in to\nfill federal gaps. \ud83d\udccd New York just hired the Consumer Financial Protection\nBureau\u2019s former Deputy Enforcement Director for Policy and Strategy to\nstrengthen its consumer protection efforts. \ud83d\udccd California, Washington, Georgia,\nIllinois and DC are also likely to ramp up their efforts on enforcements,\naudits and consumer protection soon 3\ufe0f\u20e3 Regulatory fragmentation = increased\ncompliance burden. With a more aggressive state-by-state approach, fintechs\nand financial firms will need to comply with different standards in every\njurisdiction. 4\ufe0f\u20e3 Regulation isn\u2019t disappearing\u2014it\u2019s evolving. The regulatory\npendulum always swings between leniency and enforcement. While federal\nregulators may be in a \u201clighter\u201d phase, states are ramping up oversight. That\nmeans more surprise audits, stricter licensing requirements, and aggressive\nenforcement actions 5\ufe0f\u20e3 State licensing and compliance infrastructure will be\nnon-negotiable. \ud83d\ude80 Companies that proactively invest in robust state-by-state\ncompliance frameworks will have a significant advantage. \ud83d\ude80 Those that wait?\nThey\u2019ll be scrambling when enforcement and audits catches up. At Brico, we are\npreparing for this regulatory evolution and helping customers make state by\nstate compliance their competitive advantage whether in [ #crypto\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcrypto)\n[ #payments\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fpayments)\n[ #lending\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flending)\n[ #crossborder\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcrossborder)\nindustries. DM us to know more about how we can help at [ brico.ai\n](http://brico.ai) . [ #MTLs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmtls)\n[ #Lending\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flending)\n[ #MoneyTransmisson\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmoneytransmisson)\n\n` ` ` `\n\n[ 15\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` `\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_paymentoperations-compliance-activity-7310813734803750912-xVry)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n1w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\nDon't miss our upcoming masterclass on moving money at scale, co-hosted by our\npartner, [ Modern Treasury ](https://www.linkedin.com/company/modern-treasury)\n! If you handle [ #paymentoperations\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fpaymentoperations)\nand/or [ #compliance\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcompliance)\nat your company, this webinar is a must-see.\n\n[ ](https://www.linkedin.com/company/modern-treasury)\n\n[ Modern Treasury ](https://www.linkedin.com/company/modern-treasury)\n\n14,884 followers\n\n1w\n\nWhen businesses move money at scale, regulatory understanding becomes a\nstrategic imperative affecting both compliance and operations. Join industry\nleaders [ Snigdha Kumar ](https://www.linkedin.com/in/snigdha-kumar-00620742)\n, CEO of [ Brico ](https://www.linkedin.com/company/bricoai) , and [ Rachel P.\n](https://www.linkedin.com/in/rachelcpike) , COO of [ Modern Treasury\n](https://www.linkedin.com/company/modern-treasury) , as they reveal how\nmoving money at scale can transform regulatory requirements into operational\nadvantages. Learn directly from executives who have successfully scaled money\ntransmitter businesses and get actionable strategies to optimize your payment\noperations while maintaining compliance excellence. Register now: [\nhttps://lnkd.in/gVH7Gt8u ](https://lnkd.in/gVH7Gt8u)\n\n * ` ` ` `\n\n[ 3\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` `\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_companies-dont-exactly-get-money-transmitter-activity-7310381769852129281-w0Bm)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n2w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\nCompanies don't exactly get money transmitter licenses overnight. But how long\ndoes it take to get licensed? The answer depends on a few factors. Read our\nrecent blog post to find out more!\n\n[ ](https://www.linkedin.com/in/snigdha-kumar-00620742)\n\n[ Snigdha Kumar ](https://www.linkedin.com/in/snigdha-kumar-00620742)\n\nCEO and Co-founder @ Brico | FinTech nerd | Product and operations leader \n\n2w Edited\n\n\u201cHow long does it really take to get MTLs?\u201d At [ Brico\n](https://www.linkedin.com/company/bricoai) we get asked this all the time\u2014and\nwhen we give the real answer, we usually see this face: \ud83e\udd2f It depends a lot on\nyour business model, how strong your application is, and which states you're\ntargeting (some are easy, others can be character-building \ud83d\ude05). So we decided\nto do everyone a favor. We put together a short simple, practical guide that\nbreaks down: \u2705 What kind of timelines to expect \u2705 3 common strategies\ncompanies use\u2014depending on how fast they want to go live Read the full blog\nhere- [ https://lnkd.in/gJg2K8KK ](https://lnkd.in/gJg2K8KK) If you\u2019re are a [\n#payments\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fpayments)\n, [ #crypto\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcrypto)\n, [ #crossborder\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcrossborder)\n[ #remittance\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fremittance)\ncompany and thinking about getting licensed this year, this one\u2019s for you! If\nyou want to go deeper into which states to get started with, reach out to us\nat [ brico.ai ](http://brico.ai) [ #Moneytransmission\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmoneytransmission)\n[ #MTLs\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmtls)\n[ #compliance\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcompliance)\n[ #FinTech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintech)\n[ #crypto\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fcrypto)\n\n * ` ` ` `\n\n[ 5\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` `\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_fintech50-entrepreneurship-innovation-activity-7308900053832585216-JNED)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n2w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\n\ud83d\ude80 What a lineup! Honored to see our fearless leader [ Snigdha Kumar\n](https://www.linkedin.com/in/snigdha-kumar-00620742) featured alongside these\nincredible founders making their [ Forbes\n](https://www.linkedin.com/company/forbes-magazine) Fintech 50 debut! One\nthing that stands out across these stories is resilience\u2014whether it's\nlaunching in a new market (@nalamoney), bootstrapping against the odds ( [\nIncrease ](https://www.linkedin.com/company/increasetech) ), or tackling\ndeeply complex financial problems ( [ DataVisor\n](https://www.linkedin.com/company/datavisor) , [ True Link\n](https://www.linkedin.com/company/true-link-financial) , @Aven, and [ Brico\n](https://www.linkedin.com/company/bricoai) ). Each of these companies\noperates behind the scenes, solving critical inefficiencies that most people\ndon\u2019t think about, but that make financial systems more accessible, efficient,\nand secure. \ud83d\udccdAnother key theme? Fintech is global, but its biggest impact is\noften hyper-local. From protecting seniors against fraud to making cross-\nborder remittances seamless, each of these companies is addressing problems\nthat impact people in their day-to-day lives. It\u2019s not just about building\nfinancial tools\u2014it\u2019s about enabling financial dignity, security, and\nopportunity. Thrilled to see this wave of innovation, and excited for what\u2019s\nnext! [ #Fintech50\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintech50)\n[ #Entrepreneurship\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fentrepreneurship)\n[ #Innovation\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Finnovation)\n[ #fintech\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintech)\n[ #moneytransmitter\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmoneytransmitter)\n[ Benjamin Fernandes ](https://www.linkedin.com/in/benjaminf7) [ Darragh\nBuckley ](https://www.linkedin.com/in/darragh-buckley-56096312) [ Sadi Khan\n](https://www.linkedin.com/in/sadi-khan-0368854) [ Yinglian Xie\n](https://www.linkedin.com/in/yinglian-xie-7249812) [ Kai Stinchcombe\n](https://www.linkedin.com/in/kaistinchcombe) [ https://lnkd.in/g6QG2uwP\n](https://lnkd.in/g6QG2uwP)\n\n * ` ` ` `\n\n[ 17\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` ` [ 5 Comments\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_money-transmission-masterclass-from-launch-activity-7307852297940652032-3FHv)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n3w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\nBrico is looking forward to discussing all things money transmission and\nrelated compliance in a masterclass with our partner [ Modern Treasury\n](https://www.linkedin.com/company/modern-treasury) . Getting and maintaining\nMTLs can be complex, but luckily creative people at both our companies are\nworking nonstop to make the process easier. Register below to hear how!\n\n[ ](https://www.linkedin.com/in/dadiomov)\n\n[ Dimitri Dadiomov ](https://www.linkedin.com/in/dadiomov)\n\nCEO at Modern Treasury\n\n3w\n\nMoney Transmission License (MTL) reporting and regulatory requirements can be\nchallenging, especially when financial reporting is unreliable due to\nfragmented payment systems. We help MTL license holders streamline and\nautomate their payment processes, reducing risk and keeping them in line with\nregulations. Join our webinar on April 16, \"Money Transmission Masterclass:\nFrom Launch to Scale\", for expert insights on how to scale a compliant, money\ntransmission business with [ Snigdha Kumar\n](https://www.linkedin.com/in/snigdha-kumar-00620742) , CEO of [ Brico\n](https://www.linkedin.com/company/bricoai) , and Modern Treasury COO [ Rachel\nP. ](https://www.linkedin.com/in/rachelcpike) . Register here: [\nhttps://lnkd.in/g3yx7JFp ](https://lnkd.in/g3yx7JFp)\n\n[\n](https://www.linkedin.com/redir/redirect?url=https%3A%2F%2Fwww%2Emoderntreasury%2Ecom%2Fmoney-\ntransmission-masterclass&urlhash=yx9i)\n\n` ` ` `\n\n[ 3\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` `\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_msb-lending-licensing-activity-7306367950599467008-owBb)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n3w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\n[ Brico ](https://www.linkedin.com/company/bricoai) just came off of three\naction-packed days at [ Fintech Meetup\n](https://www.linkedin.com/company/fintechmeetup) in Vegas. It was great to\ncatch up with some old friends and meet many new faces. We saw a few key\nthemes continue to show up in the keynotes and panels, namely: \ud83e\udd14Regulatory\nuncertainty, both in the United States and globally, due to shifting laws and\ngeopolitical tension, which according to [ Sanjib Kalita\n](https://www.linkedin.com/in/sanjibkalita) , may make cross-border\ntransactions more complex, and according to [ Brian Dammeir\n](https://www.linkedin.com/in/briandammeir) at [ Plaid\n](https://www.linkedin.com/company/plaid-) , could slow down (not stop) open\nfinance; \u2728How AI-driven technological advances are making loan underwriting\nquicker, more accurate and based upon much more than just credit scores,\nincreasing access to capital for the underbanked and unbanked, with\ninteresting perspectives from [ Arad Levertov\n](https://www.linkedin.com/in/arad-levertov-37815b4) from [ Sunbit\n](https://www.linkedin.com/company/sunbit) , [ Michael B. Tannenbaum\n](https://www.linkedin.com/in/michaeltannenbaum) at [ Figure\n](https://www.linkedin.com/company/figuretechnologies) , [ Eric Sager\n](https://www.linkedin.com/in/eric-sager-a529516) at [ Plaid\n](https://www.linkedin.com/company/plaid-) and many others on the \u201cReinventing\nCredit\u201d and \u201cAI in Lending\u201d panels; \ud83d\udcdbConversely, how AI advancements are also\nmaking bad actors increasingly sophisticated, and how important it is to stay\none step ahead of fraud risk, a cautionary tale told by [ Thomas Warsop\n](https://www.linkedin.com/in/thomas-warsop-792185) from [ ACI Worldwide\n](https://www.linkedin.com/company/aci-worldwide) , [ Soups Ranjan\n](https://www.linkedin.com/in/soupsranjan) at [ Sardine\n](https://www.linkedin.com/company/sardineai) and many other fintech\nluminaries. We at [ Brico ](https://www.linkedin.com/company/bricoai) are here\nto help you navigate the changing regulatory environment around financial\nlicensing for money services businesses, lenders, crypto and many other\nfintechs. If you are curious to hear how we can help with licensing, do reach\nout! [ #MSB\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmsb)\n[ #lending\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flending)\n[ #licensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flicensing)\n[ #financiallicensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffinanciallicensing)\n\n` ` ` `\n\n[ 19\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` ` [ 3 Comments\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_fintechmeetup-financiallicensing-licensing-activity-7305286409555230720-LiZe)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n4w\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\nThank you to everyone who came out last night to our Regulatory Insights\nFinTech Leadership Dinner at [ #FinTechMeetup\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffintechmeetup)\n. Fun to meet so many of our champions, customers, and soon-to-be customers :)\nin person! Congrats again to Team 2 for winning the incredibly competitive\nregulatory trivia game. Hope you all enjoyed the event as much as we did!\nBrico is at FinTech Meetup until Wednesday afternoon - DM us to meet up and\nlearn how we make financial licensing easier and more joyful! [\n#financiallicensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Ffinanciallicensing)\n[ #licensing\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Flicensing)\n[ #mtl\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Ffeed%2Fhashtag%2Fmtl)\n\n * * * * * +1 \n\n` ` ` `\n\n[ 27\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` `\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n * [ ](https://www.linkedin.com/posts/bricoai_were-thrilled-to-welcome-two-powerhouse-activity-7303488408700473344-2ouk)\n\n[ ](https://www.linkedin.com/company/bricoai)\n\n[ Brico ](https://www.linkedin.com/company/bricoai)\n\n834 followers\n\n1mo\n\n * [ Report this post ](/uas/login?fromSignIn=true&session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbricoai&guestReportContentType=POST&_f=guest-reporting)\n\nWe\u2019re thrilled to welcome two powerhouse senior engineers, [ Brock Lanoza\n](https://www.linkedin.com/in/brocklanoza) and [ Durim Morina\n](https://www.linkedin.com/in/durim-morina-a3277ba1) , to the team! With deep\nexpertise in full-stack development and a relentless focus on delivering\ncustomer joy, they\u2019ll be instrumental in driving Brico\u2019s next phase of growth.\nExcited to build together and make licensing faster, cheaper, and automated!\nWelcome aboard! \ud83c\udf89\n\n * ` ` ` `\n\n[ 31\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n` ` ` ` ` ` ` ` ` ` ` ` ` ` [ 1 Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n[ Like\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Comment\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n[ Share\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n` ` ` ` ` `\n\n## Join now to see what you are missing\n\n * Find people you know at Brico \n * Browse recommended jobs for you \n * View all updates, news, and articles \n\n[ Join now\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n## Similar pages\n\n * ### [ Digit Software Development San Francisco, CA ](https://www.linkedin.com/company/digit-co)\n * ### [ Arc Financial Services San Francisco, California ](https://www.linkedin.com/company/join-arc)\n * ### [ Oportun Financial Services San Carlos, California ](https://www.linkedin.com/company/oportun)\n * ### [ Fragment Financial Services New York, NY ](https://www.linkedin.com/company/fragmentdev)\n * ### [ Chariot Financial Services New York, NY ](https://www.linkedin.com/company/givechariot)\n * ### [ Finfare Financial Services Irvine, CA ](https://www.linkedin.com/company/finfare)\n * ### [ Caseware Software Development Toronto, ON ](https://ca.linkedin.com/company/caseware-international-inc)\n * ### [ ANNA Money Financial Services London, England ](https://uk.linkedin.com/company/annamoneyuk)\n * ### [ Forage Financial Services San Francisco, CA ](https://www.linkedin.com/company/forage-payments)\n * ### [ Jaris Financial Services Burlingame, California ](https://www.linkedin.com/company/jaris-inc)\n\n## Browse jobs\n\n * ### [ Manager jobs 1,880,925 open jobs ](https://www.linkedin.com/jobs/manager-jobs)\n * ### [ Corporate Development Associate jobs 3,335 open jobs ](https://www.linkedin.com/jobs/corporate-development-associate-jobs)\n * ### [ Engineer jobs 555,845 open jobs ](https://www.linkedin.com/jobs/engineer-jobs)\n * ### [ Associate jobs 1,091,945 open jobs ](https://www.linkedin.com/jobs/associate-jobs)\n * ### [ Marketing Manager jobs 106,879 open jobs ](https://www.linkedin.com/jobs/marketing-manager-jobs)\n * ### [ Product Data Manager jobs 14,452 open jobs ](https://www.linkedin.com/jobs/product-data-manager-jobs)\n * ### [ User Experience Manager jobs 14,709 open jobs ](https://www.linkedin.com/jobs/user-experience-manager-jobs)\n * ### [ Service Designer jobs 16,158 open jobs ](https://www.linkedin.com/jobs/service-designer-jobs)\n * ### [ Implementation Manager jobs 138,098 open jobs ](https://www.linkedin.com/jobs/implementation-manager-jobs)\n * ### [ Analyst jobs 694,057 open jobs ](https://www.linkedin.com/jobs/analyst-jobs)\n * ### [ Customer Support Specialist jobs 81,516 open jobs ](https://www.linkedin.com/jobs/customer-support-specialist-jobs)\n * ### [ Developer jobs 258,935 open jobs ](https://www.linkedin.com/jobs/developer-jobs)\n * ### [ Creative Lead jobs 34,036 open jobs ](https://www.linkedin.com/jobs/creative-lead-jobs)\n * ### [ Project Manager jobs 253,048 open jobs ](https://www.linkedin.com/jobs/project-manager-jobs)\n * ### [ Senior Product Designer jobs 20,576 open jobs ](https://www.linkedin.com/jobs/senior-product-designer-jobs)\n * ### [ Product Manager jobs 199,941 open jobs ](https://www.linkedin.com/jobs/product-manager-jobs)\n * ### [ Design Director jobs 23,421 open jobs ](https://www.linkedin.com/jobs/design-director-jobs)\n * ### [ Content Strategist jobs 7,140 open jobs ](https://www.linkedin.com/jobs/content-strategist-jobs)\n * ### [ General Counsel jobs 24,715 open jobs ](https://www.linkedin.com/jobs/general-counsel-jobs)\n * ### [ Senior Associate jobs 117,189 open jobs ](https://www.linkedin.com/jobs/senior-associate-jobs)\n\n## Funding\n\n[ Brico 1 total round\n](https://www.crunchbase.com/organization/brico-5851/funding_rounds/funding_rounds_list?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=all_fundings_anon)\n\nLast Round\n\n[ Seed Oct 11, 2024\n](https://www.crunchbase.com/funding_round/brico-5851-seed--\nc7e83008?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=last_funding_anon)\n\nExternal Crunchbase Link for last round of funding\n\nUS$ 8.0M\n\nInvestors\n\n[ Pear VC ](https://www.crunchbase.com/organization/pejman-mar-\nventures?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=investor_anon)\n[ \\+ 2 Other investors\n](https://www.crunchbase.com/funding_round/brico-5851-seed--\nc7e83008?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=all_investors_anon)\n\n[ See more info on crunchbase\n](https://www.crunchbase.com/organization/brico-5851?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=profile_cta_anon)\n\n * * [ Engineer jobs ](https://www.linkedin.com/jobs/engineer-jobs)\n * [ Head of Sales jobs ](https://www.linkedin.com/jobs/head-of-sales-jobs)\n * [ Corporate Development Associate jobs ](https://www.linkedin.com/jobs/corporate-development-associate-jobs)\n * [ Cyber Security Specialist jobs ](https://www.linkedin.com/jobs/cyber-security-specialist-jobs)\n * [ Tester jobs ](https://www.linkedin.com/jobs/tester-jobs)\n * [ Corporate Development Specialist jobs ](https://www.linkedin.com/jobs/corporate-development-specialist-jobs)\n * [ Full Stack Engineer jobs ](https://www.linkedin.com/jobs/full-stack-engineer-jobs)\n * [ Developer jobs ](https://www.linkedin.com/jobs/developer-jobs)\n * [ Business Development Specialist jobs ](https://www.linkedin.com/jobs/business-development-specialist-jobs)\n * [ Compliance Manager jobs ](https://www.linkedin.com/jobs/compliance-manager-jobs)\n * [ Solutions Engineer jobs ](https://www.linkedin.com/jobs/solutions-engineer-jobs)\n * [ Associate jobs ](https://www.linkedin.com/jobs/associate-jobs)\n * [ Manager Strategy Operations jobs ](https://www.linkedin.com/jobs/manager-strategy-operations-jobs)\n * [ Vice President Compliance jobs ](https://www.linkedin.com/jobs/vice-president-compliance-jobs)\n * [ Director of Compliance jobs ](https://www.linkedin.com/jobs/director-of-compliance-jobs)\n * [ Operational Specialist jobs ](https://www.linkedin.com/jobs/operational-specialist-jobs)\n * [ Design Engineer jobs ](https://www.linkedin.com/jobs/design-engineer-jobs)\n * [ Product Manager jobs ](https://www.linkedin.com/jobs/product-manager-jobs)\n * [ Machine Learning Engineer jobs ](https://www.linkedin.com/jobs/machine-learning-engineer-jobs)\n * [ Head jobs ](https://www.linkedin.com/jobs/head-jobs)\n\n * [ Operations Intern jobs ](https://www.linkedin.com/jobs/operations-intern-jobs)\n * [ MBA Intern jobs ](https://www.linkedin.com/jobs/mba-intern-jobs)\n * [ Scientist jobs ](https://www.linkedin.com/jobs/scientist-jobs)\n * [ Intern jobs ](https://www.linkedin.com/jobs/intern-jobs)\n * [ Consultant jobs ](https://www.linkedin.com/jobs/consultant-jobs)\n * [ Director jobs ](https://www.linkedin.com/jobs/director-jobs)\n * [ Analyst jobs ](https://www.linkedin.com/jobs/analyst-jobs)\n * [ Senior Product Manager jobs ](https://www.linkedin.com/jobs/senior-product-manager-jobs)\n * [ Digital Marketing Manager jobs ](https://www.linkedin.com/jobs/digital-marketing-manager-jobs)\n * [ Talent Acquisition Specialist jobs ](https://www.linkedin.com/jobs/talent-acquisition-specialist-jobs)\n * [ Support Specialist jobs ](https://www.linkedin.com/jobs/support-specialist-jobs)\n * [ Accounting Manager jobs ](https://www.linkedin.com/jobs/accounting-manager-jobs)\n * [ Attorney jobs ](https://www.linkedin.com/jobs/attorney-jobs)\n * [ Controller jobs ](https://www.linkedin.com/jobs/controller-jobs)\n * [ Collections Specialist jobs ](https://www.linkedin.com/jobs/collections-specialist-jobs)\n * [ Recruiter jobs ](https://www.linkedin.com/jobs/recruiter-jobs)\n * [ Market Researcher jobs ](https://www.linkedin.com/jobs/market-researcher-jobs)\n * [ Quantitative Researcher jobs ](https://www.linkedin.com/jobs/quantitative-researcher-jobs)\n * [ Account Manager jobs ](https://www.linkedin.com/jobs/account-manager-jobs)\n * [ Marketing Manager jobs ](https://www.linkedin.com/jobs/marketing-manager-jobs)\n\n * [ Specialist jobs ](https://www.linkedin.com/jobs/specialist-jobs)\n * [ Assistant Controller jobs ](https://www.linkedin.com/jobs/assistant-controller-jobs)\n * [ Economist jobs ](https://www.linkedin.com/jobs/economist-jobs)\n * [ Scheduler jobs ](https://www.linkedin.com/jobs/scheduler-jobs)\n * [ Market Research Analyst jobs ](https://www.linkedin.com/jobs/market-research-analyst-jobs)\n * [ Senior Director jobs ](https://www.linkedin.com/jobs/senior-director-jobs)\n * [ Android Developer jobs ](https://www.linkedin.com/jobs/android-developer-jobs)\n * [ Chief Technology Officer jobs ](https://www.linkedin.com/jobs/chief-technology-officer-jobs)\n * [ Manager jobs ](https://www.linkedin.com/jobs/manager-jobs)\n * [ Business Development Representative jobs ](https://www.linkedin.com/jobs/business-development-representative-jobs)\n * [ Software Specialist jobs ](https://www.linkedin.com/jobs/software-specialist-jobs)\n * [ Senior Product Marketing Manager jobs ](https://www.linkedin.com/jobs/senior-product-marketing-manager-jobs)\n * [ Head of Partnerships jobs ](https://www.linkedin.com/jobs/head-of-partnerships-jobs)\n * [ Credit Risk Manager jobs ](https://www.linkedin.com/jobs/credit-risk-manager-jobs)\n * [ Loan Servicing Specialist jobs ](https://www.linkedin.com/jobs/loan-servicing-specialist-jobs)\n * [ Chief Executive Officer jobs ](https://www.linkedin.com/jobs/chief-executive-officer-jobs)\n * [ Network Developer jobs ](https://www.linkedin.com/jobs/network-developer-jobs)\n * [ Human Resources Coordinator jobs ](https://www.linkedin.com/jobs/human-resources-coordinator-jobs)\n * [ Risk Analyst jobs ](https://www.linkedin.com/jobs/risk-analyst-jobs)\n * [ Dotnet Developer jobs ](https://www.linkedin.com/jobs/dotnet-developer-jobs)\n\n * LinkedIn \u00a9 2025 \n * [ About ](https://about.linkedin.com)\n * [ Accessibility ](https://www.linkedin.com/accessibility)\n * [ User Agreement ](https://www.linkedin.com/legal/user-agreement)\n * [ Privacy Policy ](https://www.linkedin.com/legal/privacy-policy)\n * [ Your California Privacy Choices ](https://www.linkedin.com/legal/california-privacy-disclosure)\n * [ Cookie Policy ](https://www.linkedin.com/legal/cookie-policy)\n * [ Copyright Policy ](https://www.linkedin.com/legal/copyright-policy)\n * [ Brand Policy ](https://brand.linkedin.com/policies)\n * [ Guest Controls ](https://www.linkedin.com/psettings/guest-controls)\n * [ Community Guidelines ](https://www.linkedin.com/legal/professional-community-policies)\n * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * \n\n` ` ` ` ` ` ` ` ` ` ` `\n\n## Sign in to see who you already know at Brico\n\n## Welcome back\n\n` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` ` `\n\nBy clicking Continue to join or sign in, you agree to LinkedIn\u2019s [ User\nAgreement ](/legal/user-agreement?trk=organization_guest_contextual-sign-in-\nmodal_sign-in-modal_auth-button_user-agreement) , [ Privacy Policy\n](/legal/privacy-policy?trk=organization_guest_contextual-sign-in-modal_sign-\nin-modal_auth-button_privacy-policy) , and [ Cookie Policy ](/legal/cookie-\npolicy?trk=organization_guest_contextual-sign-in-modal_sign-in-modal_auth-\nbutton_cookie-policy) .\n\nNew to LinkedIn? [ Join now\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\nor\n\nBy clicking Continue to join or sign in, you agree to LinkedIn\u2019s [ User\nAgreement ](/legal/user-agreement?trk=organization_guest_auth-button_user-\nagreement) , [ Privacy Policy ](/legal/privacy-\npolicy?trk=organization_guest_auth-button_privacy-policy) , and [ Cookie\nPolicy ](/legal/cookie-policy?trk=organization_guest_auth-button_cookie-\npolicy) .\n\nNew to LinkedIn? [ Join now\n](https://www.linkedin.com/signup?session_redirect=https%3A%2F%2Fwww%2Elinkedin%2Ecom%2Fcompany%2Fbricoai)\n\n` `\n\n",
"url": "https://www.linkedin.com/company/bricoai"
},
"reason": "This is the LinkedIn page for Brico.AI, providing company information and updates. LinkedIn is generally a reliable source for basic company information.",
"reliability_score": 0.9,
"search_query": "company 'Brico' risk regulatory compliance",
"summary": "LinkedIn page for Brico.AI.",
"url": "https://www.linkedin.com/company/bricoai"
},
{
"content": {
"metadata": {
"ext_id": "8446ee9d-0c84-4e5b-8333-db281f34b757",
"origin": "public",
"resource_location": "web",
"resource_type": "webpage",
"source": "https://www.groupe-briconord.com/en/privacy-policy/"
},
"page_content": "Skip to content\n\n * [ RECRUITMENT ](https://www.groupe-briconord.com/en/recruitment/)\n * [ CONTACT ](https://www.groupe-briconord.com/en/contact/)\n * [ ](https://www.groupe-briconord.com/nl/privacy-beleid/)\n * [ ](https://www.groupe-briconord.com/en/privacy-policy/)\n * [ ](https://www.groupe-briconord.com/politique-de-protection-de-la-vie-privee/)\n\n__ Top bar Anglais\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n# PRIVACY POLICY\n\nYou are here:\n\n 1. [ Home ](https://www.groupe-briconord.com/en/ \"Home\")\n 2. PRIVACY POLICY \n\n 1. Our company \n\nBriconord Group and each of its respective subsidiaries, parent companies and\naffiliates are deemed to operate this website. We recognize that you care how\ninformation about you is used and shared. We have created this privacy policy\nto inform you about the information we collect on the website, how we use your\ninformation, and the choices you have about how your information is collected\nand used. Please read this privacy policy carefully. Your use of the website\nindicates that you have read and accept our privacy practices as described in\nthis Privacy Policy.\n\nPlease note that the practices described in this Privacy Policy apply to\ninformation collected by us or our subsidiaries, affiliates or agents: (i)\nthrough this website, (ii) where applicable, through our customer service in\nconnection with this website, (iii) through information provided to us in our\nindependent retail shops, and (iv) through information provided to us in\nconnection with promotions and sweepstakes.\n\n 2. The personal data we process \n\nIn the context of the processing of personal data, Briconord Group collects\nand processes the following data:\n\nIf you are a consumer :\n\nThe personal data collected to benefit from certain services or to create an\naccount are :\n\n * title, surname, first name, postal address and date of birth \n * email address and password \n * information provided on the account \n * authorization (checkbox specifically) to allow us to send the monthly newsletter or refusal if the choice is not to be part of our mailing list \n * statistics on the opening and clicks on the newsletters sent \n * activity data on the site: time of connection, duration and time of end of connection, pages consulted, etc. \n\nIf you are a professional :\n\nPersonal data collected to benefit from certain services or to create an\naccount:\n\n * title, surname, first name, postal address and date of birth \n * email address and password \n * name of the establishment, professional category, postcode and town. \n * information provided on your account \n * refusal (checkbox specifically) if the choice is not to receive the newsletter \n * statistics on opening and clicks on newsletters sent by the Data Controller \n * activity data on the site: time of connection, duration and time of end of connection, pages consulted, etc. \n\n 3. The purposes and legal bases of our data processing \n\nThe purposes of our processing\n\nThe processing that we carry out is for the following purposes:\n\n * Website content management ; \n * Management of marketing communication / communication to consumers, customers and prospects; \n * Tracking the consumer, professional, customer and prospect journey; \n * Follow-up of consumer, professional and customer relations and of complaints, questions or requests for information; \n * Audience analysis ; \n * Customer categorisation ; \n\nThe legal basis for our processing\n\nWe only process data if at least one of the following conditions is met:\n\n * your consent to the processing operations has been obtained ; \n * the performance of a contract between us and you requires us to carry out the relevant processing of personal data; \n * we are bound by legal and regulatory obligations that require the processing of personal data; \n * the existence of our legitimate interest, or that of a third party, justifies us carrying out the processing of personal data concerned. The legitimate interests pursued by the Controller may include enabling the continuity of its business, improving the consumer experience, building consumer loyalty, understanding consumer expectations, managing user requests. \n\n 4. The recipients of your data \n\nThe personal data we collect, as well as those collected subsequently, are\nintended for us in our capacity as a marketing and digital operations\ndepartment.\n\nWe ensure that only authorised persons have access to this data. Our\nsubcontractors / service providers may receive this data in order to carry out\nthe services we entrust to them.\n\nYour personal data may be matched, pooled or shared between all parent, sister\nand subsidiary entities of the Data Controller.\n\nIt may be communicated to these entities for the purposes mentioned in this\ninformation notice. These operations are carried out on the basis of\ninstruments that comply with the applicable regulations and are capable of\nensuring the protection and respect of your rights.\n\n 5. Transferring your data \n\nAs part of the services offered, we transfer your personal data to recipients\nin the following countries\n\n * in France: to subcontractors (agency managing the website or agency managing the database or agency managing the email routing) \n * to the USA: for site cookies (Google Analytics) and others (Facebook\u2026). Each of these transfers is governed by legal instruments that comply with the applicable legal framework. The data transferred to our service providers located in the United States is certified EU-US Privacy Shield, thus ensuring a sufficient level of protection. \n\n 6. How long we keep your data \n\nThe retention periods we apply to your personal data are proportionate to the\npurposes for which they were collected. Accordingly, we organise our data\nretention policy as follows:\n\nPurpose of processing Duration of retention\n\nProspecting 3 years from the last contact from you or, if applicable, from the\nend of the commercial relationship plus the duration of the legal requirements\n\nCustomer In the context of concluded contracts, the data is stored for the\nduration of the business relationship plus the duration of the legal\nrequirements.\n\nCookies 13 months from their installation on your device\n\nContract for an amount of more than \u20ac120 for accounting purposes10 years\n(legal duration not modifiable) from the conclusion of the contract\n\nIn case of exercise of the rights of access, rectification, erasure,\nrestriction, data relating to identity documents and information enabling\nthese rights to be taken into accoun t1 year from receipt of the request\n\nIn case of exercise of the right to object, data relating to identity\ndocuments and information enabling the right to object to be taken into\naccount. 6 years from receipt of the request\n\nRequests made via the contact form During the time it takes to process the\nrequest plus the legal limitation period.\n\nCustomer profile created on the website 3 years from the last contact from you\nor the date of creation of the customer profile\n\nNewsletter Until you withdraw your consent or, failing that, 3 years* from the\nlast contact from you\n\nThe retention periods presented may be increased by the applicable legal\nlimitation periods.\n\n 7. Your rights \n\nHow to exercise your rights\n\nYou can exercise your rights\n\n * by e-mail to the following address: contact@nordlinger-pro.com \n * by post to the following address CS 20001- RN10 \u2013 VIGNOLLES, 16300 BARBEZIEUX \u2013 FRANCE \n\nTo do so, you must clearly indicate your full name(s) and the address to which\nyou wish the reply to be sent.\n\nIn principle, you may exercise all your rights free of charge. However, in\nrelation to the right of access, you may be required to pay a reasonable fee\nbased on administrative costs for any copy of the data you request.\n\nWith regard to the right to information, the Marketing and Digital Operations\nDepartment will not be obliged to act on it if you already have the\ninformation you are requesting.\n\nThe Marketing and Digital Operations Department will inform you if they are\nunable to comply with your requests.\n\nThese rights are not absolute and are subject to various conditions under :\n\n * the applicable local data protection or privacy law; \n * and the laws and regulations applicable to you. \n\nThe Marketing and Digital Operations Department would like to inform you that\nthe non-information or modification of your data may have consequences in the\nprocessing of certain requests in the context of the execution of the\ncontractual relationship and that your request for the exercise of your rights\nwill be kept for follow-up purposes for 6 years concerning the exercise of the\nright to object and 1 year concerning the exercise of other rights.\n\nThe full range of rights available to you is detailed below.\n\nYour right to information\n\nYou acknowledge that this information notice informs you of the purposes,\nlegal framework, interests, recipients or categories of recipients with whom\nyour personal data is shared, and the possibility of transferring data to a\nthird country or to an international organisation.\n\nIn addition to this information and in order to ensure fair and transparent\nprocessing of your data, you declare that you have received additional\ninformation concerning :\n\n * how long your personal data will be kept; \n * the existence of the rights recognised for your benefit and the modalities of their exercise. \n\nIf we decide to process data for purposes other than those stated, you will be\ngiven full information about the new purpose.\n\nYour right to access and correct your data\n\nBy exercising this right, you have confirmation as to whether or not your\npersonal data is being processed and, where it is, you have access to your\ndata as well as information about :\n\n * the purposes of the processing ; \n * the categories of personal data concerned; \n * the recipients or categories of recipients, in particular recipients who are established in third countries; \n * where possible, the intended period of retention of personal data or, where this is not possible, the criteria used to determine this period; \n * the existence of the right to ask the marketing and digital operations department to rectify or erase your personal data, the right to request a limitation of the processing of your personal data, the right to object to such processing; \n * the right to lodge a complaint with a supervisory authority; \n * information on the source of the data when not collected directly from the data subject; \n * the existence of automated decision-making, including profiling, and in the latter case, relevant information about the underlying logic, as well as the significance and expected consequences of such processing for the data subjects. \n\nYou can ask us to correct or complete your personal data if it is inaccurate,\nincomplete, ambiguous or out of date.\n\nYour right to erasure of your data\n\nYou may request the deletion of your personal data where any of the following\ngrounds apply:\n\n * the personal data are no longer necessary for the purposes for which they were collected or otherwise processed; \n * you withdraw the consent previously given ; \n * you object to the processing of your personal data where there is no legal ground for such processing; \n * the processing of personal data does not comply with the provisions of the applicable laws and regulations; \n * your personal data was collected when you were a minor. \n\nHowever, the exercise of this right will not be possible when the conservation\nof your personal data is necessary with regard to the legislation or\nregulations and in particular, for example, for the establishment, exercise or\ndefence of legal claims.\n\nYour right to limit data processing\n\nYou may request the restriction of the processing of your personal data in the\ncases provided for by the legislation and regulations.\n\nYour right to object to data processing (unsubscribe)\n\nYou have the right to object to the processing of your personal data where the\nprocessing is based on the legitimate interests of the marketing department\nand digital operations.\n\nIn case of direct communication, this right can be exercised by any means,\nincluding by clicking on the unsubscribe links at the bottom of the\ncommunications sent.\n\nYour right to data portability\n\nYou have the right to the portability of your personal data.\n\nThe data on which this right can be exercised are :\n\n * only your personal data, which excludes anonymised personal data or data that does not concern you; \n * declarative personal data as well as operational personal data; \n * personal data that do not infringe on the rights and freedoms of third parties, such as those protected by business secrecy. \n\nThis right is limited to processing based on consent or contract and to\npersonal data that you have personally generated.\n\nThis right does not include derived or inferred data, which are personal data\ncreated by the Data Controller.\n\nYour right to withdraw your consent\n\nWhere the data processing operations we carry out are based on your consent,\nyou may withdraw it at any time. We will then stop processing your personal\ndata without affecting the previous operations to which you have consented.\n\nthe security of your data\n\nThe protection, integrity and confidentiality of your data are of great\nimportance to us. Therefore, we have implemented technical and organisational\nmeasures to ensure a level of security appropriate to the risk and to protect\nyour data against loss, alteration, access or disclosure to unauthorised third\nparties.\n\nHowever, despite our best efforts, no security measure can protect against all\nrisks of misuse or hacking, for which we, as the data controller, cannot be\nheld responsible.\n\nIn the event of a personal data breach, we undertake to notify the CNIL in\naccordance with the regulations in force relating to the protection of\npersonal data. In the event that a data breach presents a high risk to your\nrights and freedoms, we will inform you as soon as possible and always in\naccordance with the conditions set out in the regulations in force relating to\nthe protection of personal data.\n\nIf you have any questions about this privacy policy, you should contact our\ncustomer service department by email at [ contact@nordlinger-pro.com\n](mailto:contact@nordlinger-pro.com)\n\n## The latest news\n\n * [ The CSR approach within the Briconord Group ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-awarded/)\n * [ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n * [ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-gedimat/)\n * [ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-website/)\n\n[ Contact ](https://www.groupe-briconord.com/contact/)\n\n## Briconord Group\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n[ ](https://www.groupe-briconord.com/en/)\n\n[ Privacy Policy ](https://www.groupe-briconord.com/en/privacy-policy/) \\- [\nCookies ](https://www.groupe-briconord.com/en/cookie-policy/) \\- 2025\nBriconord Group\n\nGo to Top\n\n",
"url": "https://www.groupe-briconord.com/en/privacy-policy/"
},
"reason": "This is the privacy policy for Groupe Briconord, which is likely related to Brico. It's a reliable source for understanding their data handling practices.",
"reliability_score": 1.0,
"search_query": "company 'Brico' risk regulatory compliance",
"summary": "Privacy policy for Groupe Briconord.",
"url": "https://www.groupe-briconord.com/en/privacy-policy/"
},
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"source": "https://www.caixabank.com/en/headlines/news/caixabank-participates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-sustainability-targets"
},
"page_content": "## Do you know what we use cookies for?\n\nWe collect data on your browsing behaviour using our own and third-party\ncookies, which we will use to **analyse your browsing** in order to improve\nboth the website's features and the products and services we offer you, to\n**manage the advertising spaces** , and to **customise our range of products\nand services** , based on your browsing habits and the contents viewed. Read\nall the information on how we use cookies in our [ Cookie policy\n](/en/cookies_en.html \"Cookie policy\") .\n\n[ Set cookies ](/en/cookies_en.html#finalidadCookies \"Set cookies\")\n\n[ Decline ](javascript:void\\(0\\); \"Deny and continue browsing\")\n\n[ Accept ](javascript:void\\(0\\); \"Accept and continue browsing\")\n\n * [ Headlines ](/en/headlines.html \"Headlines\")\n * News \n\n21 July 2021 | min read \n\nFINANCIAL PRODUCTS SUSTAINABILITY\n\nNational LONDRES\n\n# CaixaBank participates in Kingsfisher\u2019s new \u00a3550m revolving credit facility\nlinked to sustainability targets\n\n#Customers | #Environment | #Sustainability \n\n[\n](https://www.linkedin.com/shareArticle?&text=https://www.caixabank.com/en/headlines/news/caixabank-\nparticipates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-\nsustainability-targets) [\n](https://x.com/intent/post?url=https://www.caixabank.com/en/headlines/news/caixabank-\nparticipates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-\nsustainability-targets&text=CaixaBank participates in Kingsfisher\u2019s new \u00a3550m\nrevolving credit facility linked to sustainability targets) [\n](https://www.facebook.com/sharer/sharer.php?u=https://www.caixabank.com/en/headlines/news/caixabank-\nparticipates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-\nsustainability-targets) [ ](/cdn-cgi/l/email-\nprotection#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)\n[\n](https://api.whatsapp.com/send/?text=https://www.caixabank.com/en/headlines/news/caixabank-\nparticipates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-\nsustainability-targets) [\n](https://www.caixabank.com/en/headlines/news/caixabank-participates-in-\nkingsfishers-new-550m-revolving-credit-facility-linked-to-sustainability-\ntargets)\n\n[ Article 250.1 KB ](https://www.caixabank.com/docs/comunicacion/70518.pdf)\n[ B&Q (Kingfisher Group) UK's New Malden eco-store 340.5 KB\n](https://www.caixabank.com/docs/comunicacion/70523.jpg)\n\n * The financial terms of the credit facility are linked to the fulfillment of certain environmental and social sustainability goals by the British company. \n\n \nCaixaBank, Spain\u2019s leading bank, has participated as Mandated Lead Arranger in\nthe execution of a new sustainable 3-year credit facility for \u00a3550 million of\nKingfisher, the international home improvement retailer.\n\nThe financial terms of the Kingfisher credit facility are linked to the\nfulfillment by the company of ambitious sustainability and community-based\ntargets by 2025-2026.\n\nAmong these, Kingfisher commited to fight against climate change by reducing\ncarbon emissions from its business, products and supply chain. The target is\nto deliver 1.5\u00baC science-based carbon reduction targets, with the facility\ncovering Kingfisher\u2019s actions to reduce its Scope 1 and 2 impacts _._\n\nMoreover, Kingfisher is committed to becoming forest positive by creating more\nforests than it uses. The credit facility target is to reach 100% sustainable\nwood and paper for its products.\n\nIn the community field, Kingfisher is committed to help more than 2 million\npeople whose housing needs are greatest in their community. The target is\ndefined as the number of people who directly benefited from Kingfisher\u2019s\ncommunity contributions.\n\nWith this transaction, carried out by CaixaBank UK Branch (hereinafter,\nCaixaBank UK), in coordination with the Corporate & Acquisition Finance and\nthe Sustainable Finance teams, the company strengthens its activity in the\nsustainable financing business in the United Kingdom.\n\n**CaixaBank in UK**\n\nThe United Kingdom is a key market for CaixaBank due to its size, its economic\noutlook and its strategic links to other major markets. CaixaBank\u2019s physical\npresence in the UK goes back to 2003, when the bank opened a representative\noffice in London. The office evolved in to a branch in 2016 becoming CaixaBank\nUK.\n\nCaixaBank UK comprises a team of highly qualified professionals who provide\ncorporate banking services to British corporates as well as Spanish and\nmultinational clients with a relevant investment and activity in the UK.\nCaixaBank UK offers both transactional and lending products, including supply\nchain finance facilities, long term corporate financings and project finance\nstructures, as well as cross border and foreign exchange solutions.\n\nCaixaBank has participated in 16 renewable energy projects in the UK for a\ntotal capacity of over ten thousand MW.\n\n**CaixaBank: committed to sustainability**\n\nCaixaBank is one of the financial institutions most committed to\nsustainability, based on its Socially Responsible Banking Plan which includes\nfive specific principles of action that make a direct contribution to the\nUnited Nations\u2019 Sustainable Development Goals (SDGs). Through its activities,\nthe bank supports environmentally-friendly initiatives and projects that\ncontribute to preventing and mitigating climate change, and promoting the\ntransition to a low-carbon economy and social development.\n\nThe bank has mobilised more than \u20ac12bn in sustainable financing in 2020, with\nmore than \u20ac2bn formalised in green financing and more than \u20ac3bn formalised in\nfinancing linked to ESG variables, where the objectives on environmental\nvariables, such as the reduction of emissions or energy efficiency, stand out.\n\nIn 2020, CaixaBank was ranked fifth in Europe and ninth worldwide for\nproviding green and sustainable loans in the top tier league tables by volume,\naccording to Refinitiv. ****\n\n**About Kingfisher plc**\n\nKingfisher plc is an international home improvement company with approximately\n1,400 stores, supported by a team of over 83,000 colleagues. Kingfisher\noperate in eight countries across Europe under retail banners including B&Q,\nCastorama, Brico D\u00e9p\u00f4t, Screwfix, TradePoint and Ko\u00e7ta\u015f. Kingfisher offer home\nimprovement products and services to consumers and trade professionals who\nshop in their stores and via their e-commerce channels. Kingfisher\u2019s purpose\nis to help make better homes accessible for everyone.\n\n## You might also be **interested** in\n\n**Media** resources\n\nAccess our resources for journalists.\n\n[ Media resources ](/en/headlines/media-resources.html)\n\n**Contact us**\n\n**[ [email protected] ](/cdn-cgi/l/email-protection) ** (solely for media).\n\nFor customer service, click [ here\n](https://www.caixabank.es/particular/contacto/contactanos_en.html)\n\n## Current news\n\n * [ Corporate news ](/en/headlines/news.html \"Corporate news\")\n * [ Our Blog ](https://blog.caixabank.es/blogcaixabank/ \"Our Blog\")\n * [ CaixaBank Research ](https://www.caixabankresearch.com/en \"CaixaBank Research\")\n * [ Shareholders newsletter ](/apl/registrocaixabank/index_en.html \"Shareholders newsletter\")\n\n## Products and services\n\n * [ Individuals ](https://www.caixabank.es/particular/holabank/particulares_en.html \"Individuals\")\n * [ Companies ](https://www.caixabank.es/empresa/home/empreses_en.html \"Companies\")\n * [ Business ](https://www.caixabank.es/empresa/home/empreses_en.html \"Business\")\n * [ Fees and information of interest ](https://www.caixabank.es/particular/holabank/particulares_en.html \"Fees and information of interest\")\n * [ Premier banking ](https://www.caixabank.es/bancapremier/index_es.html \"Premier banking\")\n * [ Private banking ](https://www.caixabank.es/bancaprivada/home_es.html \"Private banking\")\n * [ International banking ](https://www.caixabank.es/empresa/internacional/internacional_en.html \"International banking\")\n * [ MiFID ](https://www.caixabank.es/particular/general/mifid_en.html \"MiFID\")\n * [ PRIIPs ](https://www.caixabank.es/priips_en.html \"PRIIPs\")\n\n## Other corporate websites\n\n * [ CaixaBank Group ](https://www.caixabank.es/particular/general/websdelgrupo_en.html \"CaixaBank Group\")\n * [ MicroBank ](https://www.microbank.com/en/home.html \"MicroBank\")\n * [ CaixaBank Careers ](https://caixabankcareers.com/ \"CaixaBank Careers\")\n * [ Supplier portal ](https://proveedor.caixabank.com/proveedores/home-en/ \"Supplier portal\")\n * [ Dualiza ](https://www.caixabankdualiza.es/ \"Dualiza\")\n\n * [ ](https://twitter.com/caixabank \"Twitter\")\n * [ ](https://www.facebook.com/caixabank \"Facebook\")\n * [ ](https://www.instagram.com/caixabank/?hl=en \"Instagram\")\n * [ ](https://www.linkedin.com/company/caixabank \"Linkedin\")\n * [ ](https://www.youtube.com/c/caixabank \"Youtube\")\n * [ ](https://open.spotify.com/user/uiylsqh6dovxfjpggkysvwxma \"Spotify\")\n * [ ](https://www.tiktok.com/@caixabank \"TikTok\")\n\n\u00a9 CaixaBank, SA 2025\n\n * [ Cookie policy ](/en/cookies_en.html \"Cookie policy\")\n * [ Legal disclaimer ](/en/legal-disclaimer.html \"Legal disclaimer\")\n * [ Legal information about CaixaBank, S.A. ](/en/legal-information-caixabank.html \"Legal information about CaixaBank, S.A.\")\n * [ Site map ](/en/site-map.html \"Site map\")\n * [ Accessibility ](/en/accessibility.html \"Accessibility\")\n * [ Recommendations for navigation ](/en/recommendations-navigation.html \"Recommendations for Navigation\")\n * [ Privacy ](https://www.caixabank.es/particular/general/privacy.html \"Privacy \\(Open in new window\\)\")\n * [ Whistleblowing Channel ](/en/sustainability/culture-responsibility/whistleblowing-channel.html \"Whistleblowing Channel\")\n\n * [ ](https://www.caixabank.es/particular/iso/iso3_es.html \"ISO\")\n * [ ](https://certiaccesibilidad.technosite.es/Recursos/Certificado.aspx?codigo=brviqdnnqjhfuyyfhxrw158160300BRVIQDNNQJHFUYYFHXRWG#accesibilidad \"ILUNION Technology and Accessibility Certification\")\n * [ ](/en/about-us/acknowledgements.html#excelencia \"Sello de Excelencia EFQM\")\n * [ ](/en/sustainability/sustainable-banking/esg-analysts-ratings.html \"DJSI - Dow Jones Sustainability Indices\")\n * [ ](/en/sustainability/sustainable-banking/esg-analysts-ratings.html \"CDP - Bureau Veritas\")\n\n",
"url": "https://www.caixabank.com/en/headlines/news/caixabank-participates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-sustainability-targets"
},
"reason": "This is a press release from Caixabank detailing their participation in a sustainability-linked credit facility for Kingfisher. Since Kingfisher owns Brico, this is relevant. The source is a major bank, suggesting a high level of reliability regarding financial information, although it may present a positive view of the deal.",
"reliability_score": 0.8,
"search_query": "company 'Brico' environmental impact carbon footprint",
"summary": "This is a press release from Caixabank detailing their participation in a sustainability-linked credit facility for Kingfisher.",
"url": "https://www.caixabank.com/en/headlines/news/caixabank-participates-in-kingsfishers-new-550m-revolving-credit-facility-linked-to-sustainability-targets"
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"source": "https://sustainablebrands.com/brands/kingfisher"
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"page_content": "Turn purpose into profit \u2014 join SB'25 San Diego to scale sustainable\ninnovation and unlock brand growth.\n\n[ Register Now! __\n](https://events.sustainablebrands.com/conferences/sustainablebrands/)\n\n# Kingfisher\n\nKingfisher is tagged in 41 assets. Page 1 of 3.\n\nArticle\n\n[ Collaboration & Co-Creation\n](https://sustainablebrands.com/channels/collaboration) [ Organizational\nGovernance ](https://sustainablebrands.com/channels/org-governance)\n\n##### [ Home-Improvement Retailers Across the World Come Together to Address\nScope 3 Emissions ](https://sustainablebrands.com/read/home-improvement-\nretailers-address-scope-3-emissions)\n\n[ ](https://sustainablebrands.com/read/home-improvement-retailers-address-\nscope-3-emissions)\n\nPublished on June 16, 2023\n\nAbout a 3 minute read\n\nThe EDRA/GHIN Scope 3 taskforce will agree on consistent methodologies in how\ncarbon data is treated through the supply chain and share best practices in\nboth reporting and accelerating the industry\u2019s progress in reducing Scope 3.\n... [ View More ](https://sustainablebrands.com/read/home-improvement-\nretailers-address-scope-3-emissions)\n\nArticle\n\n[ Innovation & Technology\n](https://sustainablebrands.com/channels/innovation-tech) [ Innovation &\nTechnology ](https://sustainablebrands.com/channels/innovation-tech)\n\n##### [ Trending: Kingfisher, J. M. Smucker Supercharge Renewable Energy\nAmbitions ](https://sustainablebrands.com/read/trending-kingfisher-j-m-\nsmucker-supercharge-renewable-energy-ambitions)\n\n[ ](https://sustainablebrands.com/read/trending-kingfisher-j-m-smucker-\nsupercharge-renewable-energy-ambitions)\n\nPublished on July 31, 2018\n\nAbout a 4 minute read\n\nKingfisher plc, the international home improvement company, has unveiled plans\nto install energy storage batteries at B&Q\u2019s Swindon distribution center.\nThe installations form a key part of Kingfisher\u2019s aim to reduce grid energy\nconsumption a... [ View More ](https://sustainablebrands.com/read/trending-\nkingfisher-j-m-smucker-supercharge-renewable-energy-ambitions)\n\nArticle\n\n[ Organizational Governance ](https://sustainablebrands.com/channels/org-\ngovernance) [ Organizational Governance\n](https://sustainablebrands.com/channels/org-governance)\n\n##### [ Kingfisher Continues on Path to Net Positive, Puts Customers at Heart\nof 2025 Goals ](https://sustainablebrands.com/read/kingfisher-continues-on-\npath-to-net-positive-puts-customers-at-heart-of-2025-goals)\n\n[ ](https://sustainablebrands.com/read/kingfisher-continues-on-path-to-net-\npositive-puts-customers-at-heart-of-2025-goals)\n\nPublished on May 22, 2018\n\nAbout a 5 minute read\n\nEuropean home improvement company Kingfisher has set out ambitious\nsustainability targets for the next seven years \u2013 the latest stage of its\njourney to become a net positive business by 2050. ... [ View More\n](https://sustainablebrands.com/read/kingfisher-continues-on-path-to-net-\npositive-puts-customers-at-heart-of-2025-goals)\n\nArticle\n\n[ Collaboration & Co-Creation\n](https://sustainablebrands.com/channels/collaboration) [ Collaboration & Co-\nCreation ](https://sustainablebrands.com/channels/collaboration)\n\n##### [ UK Retail Giants Team Up to Deliver on SDGs\n](https://sustainablebrands.com/read/uk-retail-giants-team-up-to-deliver-on-\nsdgs)\n\n[ ](https://sustainablebrands.com/read/uk-retail-giants-team-up-to-deliver-on-\nsdgs)\n\nPublished on March 15, 2018\n\nAbout a 3 minute read\n\nOver 25 major UK retailers \u2014 including Asda, The Co-operative, John Lewis,\nMarks & Spencer and Sainsbury\u2019s \u2014 have signed up to a series of\ncommitments to tackle some of the world\u2019s most pressing social and\nenvironmental challenges ... [ View More\n](https://sustainablebrands.com/read/uk-retail-giants-team-up-to-deliver-on-\nsdgs)\n\nArticle\n\n[ Circular Economy ](https://sustainablebrands.com/channels/circular-economy)\n\n##### [ SB'17 Copenhagen, Day 2: Circularity, Impact Valuation and Other Ways\nto Put a \u2018Positive\u2019 Spin on Business\n](https://sustainablebrands.com/read/sb7-copenhagen-day-2-circularity-impact-\nvaluation-and-other-ways-to-put-a-positive-spin-on-business)\n\n[ ](https://sustainablebrands.com/read/sb7-copenhagen-day-2-circularity-\nimpact-valuation-and-other-ways-to-put-a-positive-spin-on-business)\n\nPublished on November 1, 2017\n\nAbout a 8 minute read\n\nHow a T-Shirt Is Driving a Circular Economy by Melanie Vella In this main\nstage session, Forum for the Future CEO Sally Uren returned to interview\nJeffrey Hogue, Chief Sustainability Officer at C&A, to delve into the\norganic fibre that made up Sa... [ View More\n](https://sustainablebrands.com/read/sb7-copenhagen-day-2-circularity-impact-\nvaluation-and-other-ways-to-put-a-positive-spin-on-business)\n\nArticle\n\n[ Marketing & Communications\n](https://sustainablebrands.com/channels/marketing-comms) [ Marketing &\nCommunications ](https://sustainablebrands.com/channels/marketing-comms)\n\n##### [ More Than 60% of FTSE 100 Companies Not Reporting Climate Risks\n](https://sustainablebrands.com/read/more-than-60-of-ftse00-companies-not-\nreporting-climate-risks)\n\n[ ](https://sustainablebrands.com/read/more-than-60-of-ftse00-companies-not-\nreporting-climate-risks)\n\nPublished on October 2, 2017\n\nAbout a 5 minute read\n\nDespite growing investor demand for information surrounding businesses\u2019 social\nand environmental performance, a new report from Carbon Clear has revealed\nthat 61 FTSE 100 companies are not assessing or not disclosing climate risk in\ntheir annual re... [ View More ](https://sustainablebrands.com/read/more-\nthan-60-of-ftse00-companies-not-reporting-climate-risks)\n\nArticle\n\n[ Organizational Governance ](https://sustainablebrands.com/channels/org-\ngovernance) [ Organizational Governance\n](https://sustainablebrands.com/channels/org-governance)\n\n##### [ Over 80 Major Companies Across the UK Urge PM to Deliver on UN SDGs\n](https://sustainablebrands.com/read/over-80-major-companies-across-the-uk-\nurge-pm-to-deliver-on-un-sdgs)\n\n[ ](https://sustainablebrands.com/read/over-80-major-companies-across-the-uk-\nurge-pm-to-deliver-on-un-sdgs)\n\nPublished on January 17, 2017\n\nAbout a 4 minute read\n\nIn an open letter to the Prime Minister, more than 80 leading companies have\nunited in a call on the government to demonstrate its commitment to delivering\nthe UN Sustainable Development Goals (SDGs). ... [ View More\n](https://sustainablebrands.com/read/over-80-major-companies-across-the-uk-\nurge-pm-to-deliver-on-un-sdgs)\n\nArticle\n\n[ Community Updates ](https://sustainablebrands.com/channels/community-\nupdates)\n\n##### [ Sustainable Brands Spotlights SB\u201916 Copenhagen Program\n](https://sustainablebrands.com/read/sustainable-brands-spotlights-\nsb-16-copenhagen-program)\n\n[ ](https://sustainablebrands.com/read/sustainable-brands-spotlights-\nsb-16-copenhagen-program)\n\nPublished on July 21, 2016\n\nAbout a 3 minute read\n\nSAN FRANCISCO, July 21, 2016 \u2013 Sustainable Brands\u00ae spotlights SB\u201916 Copenhagen\nthis week as the Northern European business community prepares to gather at\nthe Radisson Blu Scandinavian Hotel in Copenhagen on September 26-28th to\ncollaborate on h... [ View More\n](https://sustainablebrands.com/read/sustainable-brands-spotlights-\nsb-16-copenhagen-program)\n\nArticle\n\n[ Innovation & Technology\n](https://sustainablebrands.com/channels/innovation-tech) [ Innovation &\nTechnology ](https://sustainablebrands.com/channels/innovation-tech)\n\n##### [ These 6 Startups Just Won \u00a3180,000 for Driving Innovation in the\nSharing Economy ](https://sustainablebrands.com/read/these-6-startups-just-\nwon80-000-for-driving-innovation-in-the-sharing-economy)\n\n[ ](https://sustainablebrands.com/read/these-6-startups-just-won80-000-for-\ndriving-innovation-in-the-sharing-economy)\n\nPublished on July 12, 2016\n\nAbout a 4 minute read\n\n... [ View More ](https://sustainablebrands.com/read/these-6-startups-just-\nwon80-000-for-driving-innovation-in-the-sharing-economy)\n\nArticle\n\n[ Innovation & Technology\n](https://sustainablebrands.com/channels/innovation-tech) [ Innovation &\nTechnology ](https://sustainablebrands.com/channels/innovation-tech)\n\n##### [ Latest Report Shows Kingfisher's 'Personal' Commitment to Net\nPositive ](https://sustainablebrands.com/read/latest-report-shows-kingfisher-\ns-personal-commitment-to-net-positive)\n\n[ ](https://sustainablebrands.com/read/latest-report-shows-kingfisher-s-\npersonal-commitment-to-net-positive)\n\nPublished on June 28, 2016\n\nAbout a 2 minute read\n\nKingfisher \u2014 parent company of European home-improvement chains B&Q,\nCastorama, Brico Depot, Screwfix and Ko\u00e7ta\u015f \u2014 has published its Sustainability\nReport 2015/16, which details its progress towards becoming a restorative, Net\nPositive busi... [ View More ](https://sustainablebrands.com/read/latest-\nreport-shows-kingfisher-s-personal-commitment-to-net-positive)\n\nArticle\n\n[ Innovation & Technology\n](https://sustainablebrands.com/channels/innovation-tech)\n\n##### [ From Footprint to Handprint: AT&T, Dell, SHINE and More on the Path\nto Net Positive ](https://sustainablebrands.com/read/from-footprint-to-\nhandprint-at-t-dell-shine-and-more-on-the-path-to-net-positive)\n\n[ ](https://sustainablebrands.com/read/from-footprint-to-handprint-at-t-dell-\nshine-and-more-on-the-path-to-net-positive)\n\nPublished on June 9, 2016\n\nAbout a 4 minute read\n\nIt is an achievement of the sustainability movement that standards for\nmeasuring and reducing our societal and planetary footprint have been\nestablished and are being tracked. But evolution tells us that more must be\ndone - business must become resto... [ View More\n](https://sustainablebrands.com/read/from-footprint-to-handprint-at-t-dell-\nshine-and-more-on-the-path-to-net-positive)\n\nArticle\n\n[ New Metrics ](https://sustainablebrands.com/channels/new-metrics)\n\n##### [ BSR, Forum for the Future Partner to Help Companies Quantify, Execute\non Net Positive Goals ](https://sustainablebrands.com/read/bsr-forum-for-the-\nfuture-partner-to-help-companies-quantify-execute-on-net-positive-goals)\n\n[ ](https://sustainablebrands.com/read/bsr-forum-for-the-future-partner-to-\nhelp-companies-quantify-execute-on-net-positive-goals)\n\nPublished on June 7, 2016\n\nAbout a 5 minute read\n\n... [ View More ](https://sustainablebrands.com/read/bsr-forum-for-the-future-\npartner-to-help-companies-quantify-execute-on-net-positive-goals)\n\nArticle\n\n[ Organizational Governance ](https://sustainablebrands.com/channels/org-\ngovernance) [ Organizational Governance\n](https://sustainablebrands.com/channels/org-governance)\n\n##### [ Kingfisher Integrates Sustainability Team Alongside Customer\nInsights, Communications ](https://sustainablebrands.com/read/kingfisher-\nintegrates-sustainability-team-alongside-customer-insights-communications)\n\n[ ](https://sustainablebrands.com/read/kingfisher-integrates-sustainability-\nteam-alongside-customer-insights-communications)\n\nPublished on April 15, 2016\n\nAbout a 3 minute read\n\nHome improvement company Kingfisher, which owns retail chains B&Q,\nCastorama, Brico Depot, Screwfix and Ko\u00e7ta\u015f, is undergoing major changes\nwithin its sustainability team, reports edie. Rather than reporting to a\nsustainability director, Kingfi... [ View More\n](https://sustainablebrands.com/read/kingfisher-integrates-sustainability-\nteam-alongside-customer-insights-communications)\n\nArticle\n\n[ New Metrics ](https://sustainablebrands.com/channels/new-metrics)\n\n##### [ Integral Thinking & True Materiality, Part 5: Scalability\nOpportunities Define the Size of Impact\n](https://sustainablebrands.com/read/integral-thinking-true-materiality-\npart-5-scalability-opportunities-define-the-size-of-impact)\n\n[ ](https://sustainablebrands.com/read/integral-thinking-true-materiality-\npart-5-scalability-opportunities-define-the-size-of-impact)\n\nPublished on February 25, 2016\n\nAbout a 12 minute read\n\nThis is part 5 of a 6-part series about integral thinking and true\nmateriality. It proposes a new impetus to develop reporting that is able to\nserve the idea of a green & inclusive economy. Read Part 1, Part 2, Part\n3, and Part 4. ... [ View More ](https://sustainablebrands.com/read/integral-\nthinking-true-materiality-part-5-scalability-opportunities-define-the-size-of-\nimpact)\n\nArticle\n\n[ New Metrics ](https://sustainablebrands.com/channels/new-metrics)\n\n##### [ Integral Thinking and True Materiality, Part 3: Purpose Definition\nDefines Connectedness ](https://sustainablebrands.com/read/integral-thinking-\nand-true-materiality-part-3-purpose-definition-defines-connectedness)\n\n[ ](https://sustainablebrands.com/read/integral-thinking-and-true-materiality-\npart-3-purpose-definition-defines-connectedness)\n\nPublished on February 12, 2016\n\nAbout a 9 minute read\n\nThis is Part 3 of a 6-part series about integral thinking and true\nmateriality. It proposes a new impetus to develop reporting that is able to\nserve the idea of a green & inclusive economy. Read Part 1 and Part 2. ...\n[ View More ](https://sustainablebrands.com/read/integral-thinking-and-true-\nmateriality-part-3-purpose-definition-defines-connectedness)\n\nArticle\n\n[ Innovation & Technology\n](https://sustainablebrands.com/channels/innovation-tech) [ Innovation &\nTechnology ](https://sustainablebrands.com/channels/innovation-tech)\n\n##### [ Courageous Companies: 7 Corporate Sustainability Pioneers Shaking\nThings Up ](https://sustainablebrands.com/read/courageous-\ncompanies-7-corporate-sustainability-pioneers-shaking-things-up)\n\n[ ](https://sustainablebrands.com/read/courageous-companies-7-corporate-\nsustainability-pioneers-shaking-things-up)\n\nPublished on December 29, 2015\n\nAbout a 6 minute read\n\nThe bold thinking and actions taken by corporate sustainability trailblazers\noften challenge the status quo and alter the concept of a company\u2019s role in\nsociety. The following companies are leaders. They have taken principled\nstances or have implem... [ View More\n](https://sustainablebrands.com/read/courageous-companies-7-corporate-\nsustainability-pioneers-shaking-things-up)\n\nArticle\n\n[ Collaboration & Co-Creation\n](https://sustainablebrands.com/channels/collaboration) [ Collaboration & Co-\nCreation ](https://sustainablebrands.com/channels/collaboration)\n\n##### [ What Now? How Businesses Are Rallying to Action After COP21\n](https://sustainablebrands.com/read/what-now-how-businesses-are-rallying-to-\naction-after-cop21)\n\n[ ](https://sustainablebrands.com/read/what-now-how-businesses-are-rallying-\nto-action-after-cop21)\n\nPublished on December 17, 2015\n\nAbout a 6 minute read\n\nAs evidenced by the unprecedented private-sector engagement in COP21 earlier\nthis month, businesses globally get that they need to innovate (and improve!)\ntheir products, services and business models to combat climate change,\nresource scarcity and un... [ View More\n](https://sustainablebrands.com/read/what-now-how-businesses-are-rallying-to-\naction-after-cop21)\n\nArticle\n\n[ New Metrics ](https://sustainablebrands.com/channels/new-metrics)\n\n##### [ COP21: 114 Companies Commit to Set Science-Based Emissions-Reduction\nTargets, Surpassing Goal\n](https://sustainablebrands.com/read/cop2114-companies-commit-to-set-science-\nbased-emissions-reduction-targets-surpassing-goal)\n\n[ ](https://sustainablebrands.com/read/cop2114-companies-commit-to-set-\nscience-based-emissions-reduction-targets-surpassing-goal)\n\nPublished on December 8, 2015\n\nAbout a 5 minute read\n\nThe Science-Based Targets initiative announced Tuesday that 114 companies have\nnow committed to set emissions-reduction targets in line with what scientists\nsay is necessary to keep global warming below the dangerous threshold of 2\ndegrees Celsius. T... [ View More\n](https://sustainablebrands.com/read/cop2114-companies-commit-to-set-science-\nbased-emissions-reduction-targets-surpassing-goal)\n\nArticle\n\n[ Organizational Governance ](https://sustainablebrands.com/channels/org-\ngovernance)\n\n##### [ Net Positive: How to Move From Ambition to Implementation\n](https://sustainablebrands.com/read/net-positive-ambition-implementation)\n\n[ ](https://sustainablebrands.com/read/net-positive-ambition-implementation)\n\nPublished on November 17, 2015\n\nAbout a 5 minute read\n\nArriving a few minutes late after taking \u2018the sustainable option\u2019 and walking\nto the Beaumont Estate from Egham station, Forum for the Future\u2019s Zoe Le Grand\nkicked off Monday morning\u2019s Net Positive workshop at SB'15 London. ... [ View\nMore ](https://sustainablebrands.com/read/net-positive-ambition-\nimplementation)\n\nArticle\n\n[ Materials & Packaging ](https://sustainablebrands.com/channels/materials-\npackaging) [ Materials & Packaging\n](https://sustainablebrands.com/channels/materials-packaging)\n\n##### [ UK Brands Turning to Co-Creation to Help Unlock Packaging Innovations\n](https://sustainablebrands.com/read/uk-brands-turning-to-co-creation-to-help-\nunlock-packaging-innovations)\n\n[ ](https://sustainablebrands.com/read/uk-brands-turning-to-co-creation-to-\nhelp-unlock-packaging-innovations)\n\nPublished on October 30, 2015\n\nAbout a 5 minute read\n\nFlicking through various CSR reports, it\u2019s interesting to note how often\npackaging is highlighted as an area in need of more attention. It\u2019s hardly\nsurprising given the complexity of applying lifecycle thinking to a material\nthat needs to protect... [ View More ](https://sustainablebrands.com/read/uk-\nbrands-turning-to-co-creation-to-help-unlock-packaging-innovations)\n\n#### Upcoming Events\n\nOctober 13-16, 2025\n\n##### SB'25 San Diego\n\nUS Event\n\n[ More Information\n](https://events.sustainablebrands.com/conferences/sustainablebrands/registration)\n\n* * *\n\nThursday, April 17, 2025\n\n##### The Future of Scope 3: Mastering Value Chain Sustainability with\nInsetting\n\nWebinar\n\nSponsored by [ ClimeCo ](https://sustainablebrands.com/brands/climeco)\n\n[ More Information ](https://sustainablebrands.com/events/view/the-future-of-\nscope-3-mastering-value-chain-sustainability-with-insetting)\n\n* * *\n\nMay 13-14, 2025\n\n##### SB'25 Aotearoa New Zealand\n\n[ More Information ](https://forumpoint2.eventsair.com/sba2025)\n\n[ **See All Events > ** ](https://sustainablebrands.com/events)\n\n* * *\n\nGet the latest insights, trends, and innovations to help position yourself at\nthe forefront of sustainable business leadership\u2014delivered straight to your\ninbox.\n\n#### Featured Brand Voices\n\nDow\n\nFrom Purpose to Action: Building a Sustainable Future Together\n\n[ Read More > ](https://sustainablebrands.com/channels/from-purpose-to-action-\nbuilding-a-sustainable-future-together)\n\nProtein PACT\n\nFor the People, Animals & Climate of Tomorrow\n\n[ Read More > ](https://sustainablebrands.com/channels/protein-pact)\n\n[ ](https://sustainablebrands.com)\n\n[ ](https://linkedin.com/company/sustainablebrands) [\n](https://bsky.app/profile/sustainablebrands.bsky.social) [\n](https://instagram.com/sustainablebrands) [\n](https://youtube.com/sustainablebrands)\n\nExplore\n\n[ Latest News ](https://sustainablebrands.com/latest-news)\n\n[ Topics ](https://sustainablebrands.com/channels)\n\n[ Expert Voices ](https://sustainablebrands.com/voices )\n\n[ Subscribe ](https://sustainablebrands.com/newsletter )\n\nEvents\n\n[ SB'25 San Diego\n](https://events.sustainablebrands.com/conferences/sustainablebrands/)\n\n[ Upcoming Events ](https://sustainablebrands.com/events)\n\n[ Webinars ](https://sustainablebrands.com/events/webinars)\n\nNetwork\n\n[ Membership ](https://pages.sustainablebrands.com/membership)\n\n[ Global Partners ](https://sustainablebrands.com/channels/global-partners)\n\n[ Community Updates ](https://sustainablebrands.com/channels/community-\nupdates)\n\nInsights\n\n[ Reports ](https://sustainablebrands.com/browse/topics/socio-cultural-trends)\n\n[ Nine Behaviors ](https://pages.sustainablebrands.com/nine-sustainable-\nbehaviors)\n\nTools\n\n[ Digital ](https://pages.sustainablebrands.com/digital)\n\n[ Roadmap ](https://pages.sustainablebrands.com/brand-transformation-roadmap)\n\n[ Workshops ](https://pages.sustainablebrands.com/workshops)\n\n[ Ad Testing ](https://pages.sustainablebrands.com/ad-sustainability-\nawareness-platform)\n\n[ Playbooks ](https://pages.sustainablebrands.com/excellence-in-execution-\nplaybooks)\n\n[ Research ](https://pages.sustainablebrands.com/socio-cultural-research)\n\nAbout\n\n[ Corporate Info ](https://sustainablebrands.com/about)\n\n[ Advisory Network ](https://sustainablebrands.com/advisory-board)\n\n[ Editorial Guidelines ](https://pages.sustainablebrands.com/writers-guide)\n\n[ Diversity, Equity, and Inclusion\n](https://pages.sustainablebrands.com/diversity-equity-inclusion)\n\n[ Careers ](https://sustainablebrands.com/careers)\n\n[ Contact Us ](https://tools.sustainablebrands.com/feedback)\n\n",
"url": "https://sustainablebrands.com/brands/kingfisher"
},
"reason": "This page on Sustainable Brands discusses Kingfisher's sustainability initiatives. Given that Kingfisher owns Brico, this is relevant. Sustainable Brands is a reputable source for sustainability-related news and information, but may have a slight bias towards promoting sustainable practices.",
"reliability_score": 0.7,
"search_query": "company 'Brico' environmental impact carbon footprint",
"summary": "This page on Sustainable Brands discusses Kingfisher's sustainability initiatives.",
"url": "https://sustainablebrands.com/brands/kingfisher"
},
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"source": "https://www.scottlogic.com/our-work/kingfisher-exemplar-corporate-environmental-responsibility"
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"page_content": "# Kingfisher\n\nAn exemplar of corporate environmental responsibility\n\n**Kingfisher plc is an international home improvement company with over 1,900\nstores and a workforce of over 78,000 people.**\n\nIt operates in eight countries across Europe under retail banners including\nB&Q, Screwfix, Castorama and Brico Depot. The company is committed to\nsustainability, with an ambitious target to reach net zero in its operations\nby 2040 and across its entire value chain by 2050.\n\nKingfisher wished to gain a clear view of the carbon emissions from its\ntechnology estate as an important strand of its corporate sustainability\nstrategy. Being a consumer brand, the company understood that sustainability\nwas important not only to its workforce but also its customers, for whom\nsustainability was an increasingly important differentiator. Becoming aware of\nScott Logic\u2019s sustainability services through the promotion of [ our proposed\nTechnology Carbon Standard ](https://www.techcarbonstandard.org/) (TCS),\nKingfisher commissioned us to provide the means of mapping and measuring the\ncarbon emissions of its technology estate.\n\nThrough a short, focused engagement, we rapidly delivered a comprehensive\nframework tailored to Kingfisher\u2019s needs, leaving the company equipped with\nthe means to map, measure and mitigate its emissions in pursuit of its\nsustainability goals. The project was the first comprehensive application of\nthe TCS in the retail sector, establishing a new benchmark for environmental\nresponsibility in corporate technology management.\n\nThanks to Scott Logic, we have gained an unprecedented perspective on the\nbreadth and depth of Kingfisher\u2019s technology carbon footprint. Combining\ngranular detail with group-wide visibility across our retail banners, the\nbaseline provides actionable insights that we will use to shape carbon\nreduction initiatives in pursuit of our sustainability goals.\n\n**Jenny Wilson, Group Chief Architect, Kingfisher plc**\n\n## Mapping and measuring at pace\n\nThe TCS provides an approach that enables consistent analysis and benchmarking\nof organisations\u2019 technology carbon footprints. By mapping their technology\nestate into categories analogous to Greenhouse Gas (GHG) Protocol scopes,\norganisations can more easily identify the most carbon-intensive areas to\nprioritise for impact reduction.\n\nWith our tried-and-tested TCS, we were able to get straight to work in mapping\nKingfisher\u2019s technology estate.\n\nThe process was accelerated thanks to the passion for sustainability of the\nKingfisher stakeholders and the high quality of the company\u2019s Asset Management\nDatabase. Using this, we were able to produce a rapid delineation of the\nestate in terms of its most common devices and systems. We could then devote\nmore time to filling gaps in the data and researching the emissions from\ndevice types we had not encountered before.\n\nDespite the growing importance to companies like Kingfisher of assessing and\nreducing their carbon footprints, many technology suppliers remain reluctant\nto share data on emissions. Cloud service providers complicate matters further\nby adopting different measurement methodologies.\n\nIn response, open-source methodologies have been established enabling robust\nestimates to be made; the TCS adopts and extends the most trusted of these\nmethodologies. Transparency is a core value of the TCS, so the project relied\nexclusively on publicly available data. In our comprehensive assessment of\nKingfisher\u2019s technology estate, we highlighted every assumption and supplied\nthe underpinning methodology.\n\n## Tackling the Scope 3 challenge\n\nThe Greenhouse Gas Protocols categorise emissions into Scope 1 (direct\nemissions from sources an organisation owns, e.g. a power generator), Scope 2\n(indirect emissions from purchased energy), and Scope 3 (indirect emissions\nnot covered by Scopes 1 and 2, e.g. carbon embodied in the production of\nhardware devices). Scope 3 is challenging to measure.\n\nOn the supply side, some manufacturers and suppliers are better than others in\nsharing emissions data. What\u2019s more, there\u2019s no regulation or standardisation\nwith regard to reporting. Manufacturers can choose what to include in their\nassessments and apply inconsistent methodologies to different products.\n\nWhen mapping and measuring their own carbon footprints, organisations can also\nbe selective in what they measure and report under Scope 3. Not so with\nKingfisher. The company sought a clear-eyed perspective on emissions across\nits entire value chain so that it could make evidence-based decisions on\nmitigations.\n\nAs a retailer with in-store Point of Sale systems alongside the usual laptops\nand employee devices, it was important to Kingfisher to have accurate\nmeasurements across all scopes. This would allow the company to estimate and\nmitigate the carbon impacts of, for example, opening a new store.\n\nOur Technology Carbon Standard was specifically designed to provide accurate\nmetrics in the absence of standardised reporting by suppliers. At Kingfisher,\nwe were assisted in this by the quality of its asset database. While we used\naverage embodied carbon figures for some devices such as laptops, we conducted\ntargeted research into other hardware, capturing accurate carbon figures for\nin-store devices, networking and infrastructure hardware, and servers and\nstorage devices.\n\nCollectively, these upstream sources of Scope 3 emissions accounted for almost\nhalf of the company\u2019s technology carbon footprint, and so the accurate\nmeasurements would provide clear targets for its carbon reduction strategies.\n\nOne aspect of the Scope 3 mapping particularly impressed Kingfisher and\nillustrated the efficacy of the TCS as a framework. Our stakeholders were\nsurprised not only by the number of televisions across the group\u2019s stores, but\nalso how much power they consumed and how much embodied carbon they contained.\n\nWhat impressed them was how the TCS provided both a holistic view of the scale\nof their technology estate, but also the ability to drill down into the device\ndata for different retail banners and regions. This level of granularity\nexceeded their expectations and would allow precise targeting of their carbon\nreduction interventions.\n\n## Capturing comprehensive data centre figures\n\nThe technology estate of many organisations, including Kingfisher\u2019s, includes\non-premises servers and storage. The usual measure of carbon impact for these\ndata centres is the purchased energy required to run these systems, which\nfalls under Scope 2. However, this doesn\u2019t always provide the full picture.\nKingfisher is not alone in possessing back-up generators to power its data\ncentres in the event of a significant outage. Emissions from generators fall\nunder Scope 1.\n\nOur mapping of the technology estate identified the generators and prompted us\nto request fuel and usage estimates that we could factor into our\ncalculations. Regardless of how rarely the backup power generators were used,\nthis additional data contributed to the comprehensiveness of the baseline we\nsupplied to Kingfisher.\n\n## Setting a new standard for corporate environmental responsibility\n\nThrough this pioneering collaboration with Scott Logic, Kingfisher set a new\nstandard for corporate responsibility in retail and demonstrated exceptional\nleadership in addressing the environmental impact of digital infrastructure.\nThe comprehensive analysis of the company\u2019s technology estate provided a\nfoundation on which Kingfisher could shape targeted, evidence-based carbon\nreduction strategies. It also provided a baseline against which progress could\nbe monitored and reported.\n\nFollowing the engagement, as a recommended enhancement to this baseline,\nKingfisher implemented the [ Cloud Carbon Footprint tool\n](https://www.cloudcarbonfootprint.org/) within its infrastructure, improving\nthe measurement of its cloud service emissions.\n\nAs the first major retailer to adopt the TCS in assessing its technology\nestate, Kingfisher blazed a trail in its sector, demonstrating that large-\nscale technology carbon accounting is both possible and necessary. The company\nalso provided a replicable model that other retail organisations could follow,\nincluding a method of addressing the challenging area of Scope 3 emissions.\n\nIt was a privilege for Scott Logic to support Kingfisher not only in\nprogressing towards the company\u2019s own carbon reduction goals, but in being an\nexemplar to other retailers of leadership on sustainability.\n\n[ ](/)\n\n\u00a9 Copyright Scott Logic 2025 .\n\n",
"url": "https://www.scottlogic.com/our-work/kingfisher-exemplar-corporate-environmental-responsibility"
},
"reason": "This page describes Scott Logic's work with Kingfisher on corporate environmental responsibility. Since Kingfisher owns Brico, this is relevant. While likely accurate in its description of the project, it may be slightly biased towards highlighting the positive aspects of the work.",
"reliability_score": 0.7,
"search_query": "company 'Brico' environmental impact carbon footprint",
"summary": "This page describes Scott Logic's work with Kingfisher on corporate environmental responsibility.",
"url": "https://www.scottlogic.com/our-work/kingfisher-exemplar-corporate-environmental-responsibility"
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"source": "https://www.3blmedia.com/news/kingfisher-makes-further-progress-carbon-emissions-reduction-and-wider-responsible-business"
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"page_content": "Skip to main content\n\n * * [ Share on twitter ](https://twitter.com/intent/tweet?text=Kingfisher Makes Further Progress on Carbon Emissions Reduction and Wider Responsible Business Priorities https://www.3blmedia.com/news/kingfisher-makes-further-progress-carbon-emissions-reduction-and-wider-responsible-business&via=3blnews \"link to 3 B L Media's Twitter\")\n * [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/news/kingfisher-makes-further-progress-carbon-emissions-reduction-and-wider-responsible-business \"link to 3 B L Media's Linkedin\")\n * [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/news/kingfisher-makes-further-progress-carbon-emissions-reduction-and-wider-responsible-business \"link to 3 B L Media's Facebook\")\n * [ email Share via email ](mailto:?subject=Kingfisher%20Makes%20Further%20Progress%20on%20Carbon%20Emissions%20Reduction%20and%20Wider%20Responsible%20Business%20Priorities&body=ESG%20News%20from%20Alerts https://www.3blmedia.com/news/kingfisher-makes-further-progress-carbon-emissions-reduction-and-wider-responsible-business \"Share via email\")\n\n[ Research, Reports & Publications ](/CSR-News/research-reports-publications)\n\n# Kingfisher Makes Further Progress on Carbon Emissions Reduction and Wider\nResponsible Business Priorities\n\nJun 22, 2023 8:00 AM ET\n\nKingfisher plc, the international home improvement retailer, has made further\nprogress against its responsible business priorities, including reducing its\nscope 1 and 2 carbon emissions by 52.6% since 2016/7, exceeding its 2025/26\nscience-based target. \n \nThe details are published in Kingfisher\u2019s annual [ Responsible Business\nReport, \u2018Better Homes for Everyone 2022/23\u2019\n](https://www.kingfisher.com/responsiblebusiness-report) , which shows that\nthe business has made strong progress with its responsible business priorities\nduring the financial year. \n \n**Key 2022/23 achievements:**\n\n * Scope 1 and 2 carbon emissions across the Group reduced by 52.6% since 2016/17 \n * Over \u00a36.2bn (46.8%) of Group sales* were from products that help create more sustainable homes \n * 2.1m people reached through community projects since 2016/17, surpassing 2025/26 target of 2m ahead of schedule \n\n**Thierry Garnier, CEO of Kingfisher, said** : _\u201cLeading the industry in\nresponsible business and energy efficiency is a key part of our \u2018Powered by\nKingfisher\u2019 strategy. Our purpose is to \u2018make better homes accessible for\neveryone\u2019 and we aim to do that in a way that serves the current and future\nneeds of our communities, customers, colleagues and planet._ \n \n_\u201cOver the last year, we made strong progress across many of our targets. We\nhave made a very good start towards our new ambition to reach net zero\noperational emissions by 2040, as well as further reducing our Scope 3\nemissions, which are particularly challenging for retailers to address. Our\ncolleagues are what make our business and we are proud that this year we\ndelivered 2.6 million hours of skills for life learning to help our people\nreach their full potential._ \n \n_\u201cWe have a great opportunity to help create more sustainable homes through\nour products and services, and to contribute to a more sustainable future\nthrough our business. We look forward to making further progress on our goals\nthis year.\u201d_ \n \n**Highlights from the report include:** \n \n**Progress on carbon emissions reduction** \nKingfisher has exceeded its 2025/26 1.5\u00b0C-aligned science-based target to\nreduce the emissions from its operations (scope 1 and 2). In 2022/23, carbon\nemissions were 52.6% lower than its 2016/17 baseline. The Group remains\ncommitted to becoming net zero across its operations by 2040/41. \n \nKingfisher has also reduced emissions from its supply chain and customer use\nof products (scope 3) by 34.1% per \u00a3million of turnover since 2017/18,\nremaining on track to achieve its target of 40% by 2025. \n \n**Responsibly sourced wood and paper** \nContinued progress towards a target of 100% responsibly sourced wood and paper\nin its products and catalogues by 2025/26. This year, 94.5% of wood and paper\nin products were responsibly sourced as well as 100% of catalogue paper. \n \nAs a founding member of the Rainforest Alliance Forest Allies initiative,\nKingfisher continued to invest in six forest projects in key tropical sourcing\nregions. In addition, four local projects in the UK, France and Poland\nlaunched this year to support forest protection and restoration efforts. \n \n**Helping customers live in more sustainable homes** \nIn 2021/22 46.8% (\u00a36.2 billion) of total Group sales came from Sustainable\nHome Products (SHPs), including 10.6% derived from energy and water-saving\nproducts. \n \n**Gender diversity is improving** \nKingfisher is working towards achieving 35% women in senior leadership and 40%\nin management by 2025. This year, 25.8% of senior leaders and 38.9% of\nmanagers were women. \n \nKingfisher provided 2.6 million hours of skills for life learning for its\ncolleagues and 6.6 million since 2019/20, surpassing the Group\u2019s target of\nfive million learning hours by 2025/26. \n \n**Supporting communities and fixing bad housing** \nIn 2022/23, a total of \u00a38.2m was invested in community projects through\nfundraising, products and contributions. Since 2016/16, Kingfisher has reached\n2.1 million people, surpassing its target of 2 million ahead of schedule. \n \n**About Kingfisher** \nKingfisher plc is an international home improvement company with over 1,900\nstores, supported by a team of over 80,000 colleagues. We operate in eight\ncountries across Europe under retail banners including Screwfix, B&Q,\nCastorama, Brico D\u00e9p\u00f4t, TradePoint and Ko\u00e7ta\u015f. We offer home improvement\nproducts and services to consumers and trade professionals who shop in our\nstores and via our e-commerce channels. At Kingfisher, our purpose is to help\nmake better homes accessible for everyone. [ www.kingfisher.com\n](https://www.kingfisher.com/) \n \n*Total sales for year ending 31st January 2023 were \u00a313,059m. \n\n[ Read More ](https://www.kingfisher.com/responsiblebusiness-report)\n\n[ ](/profiles/alerts)\n\n### More from Alerts\n\n###### [ Dine Brands Global Releases 2024 Business Responsibility Report\n](/news/dine-brands-global-releases-2024-business-responsibility-report)\n\nApr 9, 2025 8:00 AM ET\n\n###### [ YKK Achieves Major Sustainability Milestones in 2024 Integrated\nReport ](/news/ykk-achieves-major-sustainability-milestones-2024-integrated-\nreport)\n\nNov 12, 2024 8:00 AM ET\n\n###### [ Organon Issues 2023 ESG Report, Highlighting Strides in Women\u2019s\nHealth Equity and Environmental Stewardship ](/news/organon-issues-2023-esg-\nreport-highlighting-strides-womens-health-equity-and-environmental)\n\nSep 17, 2024 7:30 AM ET\n\n###### [ Synopsys Releases 2023 ESG Report: Our Commitment to a Smart Future\n](/news/synopsys-releases-2023-esg-report-our-commitment-smart-future)\n\nSep 10, 2024 12:00 PM ET\n\n###### [ \u201cBridging the Gap: Towards a More Sustainable Future\u201d\n](/news/bridging-gap-towards-more-sustainable-future)\n\nSep 9, 2024 9:30 AM ET\n\n###### [ Kinross Releases 2023 Sustainability Report ](/news/kinross-\nreleases-2023-sustainability-report)\n\nJun 5, 2024 9:00 AM ET\n\n###### [ CooperCompanies Publishes 2023 ESG Report, Highlighting Efforts To\nDrive Positive Change for People and the Planet ](/news/coopercompanies-\npublishes-2023-esg-report-highlighting-efforts-drive-positive-change-people)\n\nMay 23, 2024 5:00 PM ET\n\n###### [ Blackbaud\u2019s 2023 Impact Report Shows How the Company Is Fueling\nChange ](/news/blackbauds-2023-impact-report-shows-how-company-fueling-change)\n\nMay 14, 2024 11:00 AM ET\n\n[ ](/)\n\n##### Get in touch\n\n3BL Media, Inc. \nP.O. Box 309 \nEast Longmeadow, MA \n01060\n\n##### Solutions\n\n##### Community\n\n##### Follow us on Social\n\n * [ ](https://twitter.com/3blnews \"link to 3 B L Media's Twitter\")\n * [ ](https://www.linkedin.com/company/3bl-official/ \"link to 3 B L Media's Linkedin\")\n * [ ](https://www.facebook.com/3BLofficial/ \"link to 3 B L Media's Facebook\")\n\nIntroducing Platinum: Supercharge your strategies. [ Learn More\n](https://promo.3blmedia.com/platinum?utm_campaign=platinum-\npromotion-2024-03&utm_content=test-9&utm_medium=website)\n\n",
"url": "https://www.3blmedia.com/news/kingfisher-makes-further-progress-carbon-emissions-reduction-and-wider-responsible-business"
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"page_content": "Skip to content\n\n * [ RECRUITMENT ](https://www.groupe-briconord.com/en/recruitment/)\n * [ CONTACT ](https://www.groupe-briconord.com/en/contact/)\n * [ ](https://www.groupe-briconord.com/nl/rse/)\n * [ ](https://www.groupe-briconord.com/en/rse/)\n * [ ](https://www.groupe-briconord.com/rse/)\n\n__ Top bar Anglais\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n# CSR approach\n\nYou are here:\n\n 1. [ Home ](https://www.groupe-briconord.com/en/ \"Home\")\n 2. CSR approach \n\n## Our commitment to building tomorrow's performance\n\nSince 1950, the Briconord Group has been designing and manufacturing products\nrelated to the world of DIY and home improvement. All our products are\ndesigned and developed to meet the demands of the market and our customers,\nwith a constant focus on quality and innovation.\n\nThe Group has constantly evolved by accompanying those involved in home\nimprovement. Today, the social and environmental challenges are major. We want\nto be fully committed to building the performance of tomorrow.\n\nTo meet these challenges, our CSR (Corporate Social Responsibility) approach\nis based on 4 pillars:\n\n * **Human and social responsibility**\n * **Corporate responsibility**\n * **Well-being at work**\n * **Preservation of the environment**\n\nThe Briconord Group is committed to this approach with the aim of being a\nresponsible player in home improvement and hardware and building sustainable\ngrowth.\n\n1\n\n## Responsibility\n\n## human and societal\n\n> \u201cOur values emphasise individual initiative, equal opportunities, parity and\n> gender diversity.\u201d\n\n * __\n\n### The success of our company can only be achieved with responsible\nbehaviour\n\n * **To behave ethically and responsibly in all circumstances**\n\n * __\n\n### Our organisation is clear and transparent. It is governed by simple rules\nknown to all\n\n * **Emphasise individual initiative, equal opportunities, parity and gender balance. Recognise the right to make mistakes**\n\n * __\n\n### We share our social, ethical and environmental standards with all\nstakeholders\n\n * **Display a clear and transparent organisation that encourages dialogue and constructive participation by all**\n\n * __\n\n### We act for the development of the territories where we are established\n\n * **Getting involved in local development initiatives**\n * **Sharing best practice in social, ethical and environmental standards with our partners**\n\n2\n\n## Responsibility\n\n## entrepreneurial\n\n> \u201cTrue success can only be achieved by sharing responsible behaviour.\u201d\n\n * __\n\n### Our company aims to ensure responsible growth by providing products and\nservices that comply with regulations and specifications while optimising the\nproduct life cycle. These principles guide our innovation strategy\n\n * **Choose partners (suppliers, customers, service providers, etc.) who are committed to the values of our company**\n\n * __\n\n### We are committed to promoting the use of sustainable resources, saving\nenergy and consumables at all our sites\n\n * **Use sustainable resources and save energy and consumables, including by promoting our investments in this direction**\n * **Adopt a strategy of responsible innovation, reducing consumption, facilitating consumer use and encouraging the re-use of products**\n * **Offer products and services that comply with regulations and our specifications**\n * **Take into consideration the entire life cycle of products**\n\n3\n\n## Wellness\n\n## at work\n\n> \u201cYou only work well in an environment where you feel good.\u201d\n\n * __\n\n### Our company is committed at all times to ensuring the health, safety,\nintegrity and well-being at work of our employees and all persons on our sites\n\n * **Maintain high standards of safety for all people on our sites**\n\n * __\n\n### Women and men, our human capital, are our key resource\n\n * **Ensuring quality social protection for employees, guaranteeing them access to training and encouraging initiatives related to personal development**\n * **Preserve and grow the company\u2019s human capital: dialogue, internal communication, human resources management**\n\n4\n\n## Preservation\n\n## of the environment\n\n> \u201cIn a world of limited resources, their rational use is essential to\n> preserve our planet.\u201d\n\n * __\n\n### Our company is committed to reducing its environmental impact by reducing\nits carbon footprint\n\n * **Measuring and reducing our carbon footprint**\n\n * __\n\n### We favour local sourcing wherever possible\n\n * **Promote the sustainable management of wood, paper and cardboard (while reducing use)**\n * **Reduce the use of packaging and recycle as much of our plastic waste as possible**\n\n * __\n\n### We are committed to the sustainable management of the earth's resources,\nincluding wood, and to minimising the use of plastic packaging for our\nproducts\n\n * **Use resources wisely and give priority to sustainable resources: renewable energy, recycled and recyclable raw materials**\n\n**[ Download the Briconord Group CSR Charter (PDF) ](https://www.groupe-\nbriconord.com/wp-content/uploads/2023/03/CharteRSE-GroupeBriconord-EN.pdf) **\n\n## The latest news\n\n * [ The CSR approach within the Briconord Group ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-awarded/)\n * [ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n * [ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-gedimat/)\n * [ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-website/)\n\n[ Contact ](https://www.groupe-briconord.com/contact/)\n\n## Briconord Group\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n[ ](https://www.groupe-briconord.com/en/)\n\n[ Privacy Policy ](https://www.groupe-briconord.com/en/privacy-policy/) \\- [\nCookies ](https://www.groupe-briconord.com/en/cookie-policy/) \\- 2025\nBriconord Group\n\nGo to Top\n\n",
"url": "https://www.groupe-briconord.com/en/rse/"
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"reason": "This is the official sustainability page (RSE - Responsabilit\u00e9 Soci\u00e9tale des Entreprises) of Groupe Briconord. While it is a company website and may present information in a favorable light, it is a direct source of information about their sustainability efforts and is therefore highly reliable for factual claims about their own initiatives.",
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"summary": "This is the official sustainability page (RSE - Responsabilit\u00e9 Soci\u00e9tale des Entreprises) of Groupe Briconord.",
"url": "https://www.groupe-briconord.com/en/rse/"
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"page_content": " * Skip to main content \n * Skip to navigation \n\n[ ](https://www.retail-\nweek.com/attachment?storycode=7047230&attype=P&atcode=3117228)\n\nSource: Shutterstock\n\n[ Sustainability ](https://www.retail-week.com/roles/sustainability)\n\n# Sustainability strategy: Five ways retailers ranging from Specsavers to\nKingfisher are minimising environmental impact\n\nBy [ Megan Dunsby ](https://www.retail-week.com/megan-dunsby/3000808.bio)\n2024-10-08T06:00:00+01:00\n\n * [ ](https://twitter.com/intent/tweet?text=Sustainability+strategy%3a+Five+ways+retailers+are+minimising+their+environmental+impact&url=https%3a%2f%2fwww.retail-week.com%2fsustainability%2fsustainability-strategy-five-ways-retailers-are-minimising-their-environmental-impact%2f7047230.article \"Share this on Twitter\")\n * [ ](https://www.linkedin.com/cws/share?url=https%3a%2f%2fwww.retail-week.com%2fsustainability%2fsustainability-strategy-five-ways-retailers-are-minimising-their-environmental-impact%2f7047230.article \"Share this on Linked in\")\n * [ ](mailto:?subject=Sustainability strategy: Five ways retailers are minimising their environmental impact&body=https://www.retail-week.com/sustainability/sustainability-strategy-five-ways-retailers-are-minimising-their-environmental-impact/7047230.article \"Email this article\")\n\n * No comments \n * \n\nAhead of the return of the [ Sustainability Summit ](https://lp.retail-\nweek.com/RWC10SUSTAINABILTYSUMMITOCT24_Regpage.html) on October 10, we dig\ninto the strategies of the retailers making tangible progress and glean expert\nopinion on why the narrative of balancing sustainability with bottom lines\n\u201cneeds to change\u201d\n\n\u201cFrankly, unless we find more sustainable ways of doing business then we do\nnot have a future.\u201d\n\nThis is the view of Clare McMahon, Specsavers\u2019 head of sustainability, who is\nworking to \u201cminimise the eyewear retailer\u2019s impact on the planet while\nmaximising its positive impact on communities\u201d.\n\nMcMahon is not alone in her opinion as the industry continues to shift gears\ntowards more sustainable, responsible retailing.\n\nIn just the past month, All Saints launched a rental service across its entire\nclothing range to support the circular economy, Holland & Barrett implemented\na data platform to enable shoppers to track the origin of products, Seasalt\ngained B Corp status in recognition of its transparency efforts, and Primark \u2013\nwhile often critiqued for its eco credentials \u2013 opened pre-loved pop-up shops\nin its London, Birmingham and Manchester stores.\n\nWhile some progress has been made, there remains, for several retailers, a\nconcern about the cost of sustainability and how to make the return on\ninvestment add up. Orla McGreevy, divisional sales director at centralised\ndata platform LoweConex, believes it to be a troubling issue: \u201cWe find all too\noften the sector looks at sustainability as an overhead or cost without\nrealising the commercial wins a sound strategy can give.\u201d\n\nLoweConex helps retailers observe, analyse and control their buildings and\nstores remotely at scale. Having worked first-hand with businesses to reduce\ntheir emissions, McGreevy says \u201cretailers thinking about sustainability as a\ncost need to change the narrative internally. Sustainability isn\u2019t a cost \u2013\nit\u2019s an investment in driving better operations, better business and in\nsecuring longstanding profitability that will futureproof your brand.\u201d\n\nSo how are retailers using sustainable investments to achieve these goals? We\nlook at some notable retailers making progress in five common ways:\n\n## 1\\. Reducing store-based emissions\n\nBe it wasted electricity, heating and cooling, or gas, retailers can generate\nmajor energy efficiencies and cost savings by reducing consumption across\ntheir store networks aka Scope 2 emissions. Some businesses are already making\nheadway in this regard.\n\nIn August, the Midcounties Cooperative announced it was moving to centrally\ncontrolled refrigeration, heating and cooling systems at its 230 stores in a\nbid to further drive down its energy consumption.\n\nThe Co-operative partnered with LoweConex on the project, which it expects to\nreduce its carbon footprint \u201cto the lowest level possible\u201d and help it towards\nits aim of reducing direct emissions by 50% by January 2026.\n\nSpeaking at the time, Julie Sheldon, Midcounties Co-op\u2019s head of energy\nefficiency, said the group was \u201ccommitted to using the power of cooperation to\nbuild a fairer, more ethical and sustainable future. This partnership is a key\npart of this, helping us to make continuing progress in reducing our carbon\nemissions and energy usage, and ensuring our stores operate as efficiently and\nresponsibly as possible.\u201d\n\nFor McGreevy, it\u2019s a no-brainer that retailers tackle \u201crampant\u201d energy wastage\nand rising costs.\n\n\u201cIn the UK, it\u2019s estimated 30% of energy usage is completely wasted, costing\nthe economy billions year-on-year. Retailers not tackling that wastage are not\njust missing a trick, they\u2019re leaving money on the table and damaging store\nprofitability,\u201d she says.\n\nSpecsavers\u2019 McMahon agrees and says \u201cminimising the impact we have on the\nenvironment is a key part of our sustainability strategy\u201d for the 1,000+\nstores it operates in the UK.\n\nShe adds: \u201cWe have started installing smart meters in many of our UK stores so\nwe can better understand exactly how we are consuming electricity to inform\nour decision making. Globally, we have moved 60% of our stores to renewable\nelectricity and will transfer all our stores by 2030.\u201d\n\n## 2\\. Empowering staff\n\nSustainability progress requires all stakeholders to be brought into the\njourney, not least retail staff.\n\nB&Q and Screwfix parent Kingfisher has invested heavily in making its staff\ncentral to its strategy.\n\nThe group has hired dedicated energy experts and specialist partners to\nsupport customers with sustainability advice and, as shared in its 2023/24\nsustainability report published in June, has provided 4,000 hours of staff\ntraining to enable colleagues to host practical courses for customers.\n\nOverseas, colleagues at its Castorama France and Brico D\u00e9p\u00f4t France fascias\nhave introduced an interactive, educational way of accelerating understanding\nof climate change. \u2018Fresque du Climat\u2019 \u2013 a neutral and objective tool, based\non scientific data \u2013 asks workshop participants to link cause and effect and\ntake a global view of climate issues. La Fresque engages people in\nconstructive exchanges, leaving them motivated and better equipped to take\naction. As of January 2024, 10 colleagues at Castorama and Brico D\u00e9p\u00f4t have\nbeen trained to run these workshops and 14 workshops have been held since July\n2023. More than 280 colleagues have taken part.\n\nMeanwhile, in the UK, in 2023 more than 3,700 Screwfix colleagues took part in\n\u2018The Big Switch!\u2019 \u2013 a campaign making a commitment to make switches at work\nand home to reduce their carbon footprint. Each time a team member made a\nswitch, such as cycling to work rather than driving, or switching to paperless\nbilling, they ticked it off on a master list. Kingfisher then added these up\nto show the collective power of its teams. Following the campaign, the\nsustainability question included in Screwfix\u2019s annual staff survey became the\nmost improved question \u2013 up 16 (net promoter) points from the previous year.\n\n## 3\\. Leading change with suppliers\n\nPets at Home, winner of the Retail Week Responsible Retailer of the Year Award\nin 2023, publishes a sustainability report every year to make its progress\nknown. Supplier engagement and collaboration is a central priority for the\npetware business\u2019 sustainability focus and in its June 2023 report, it\nrevealed it had set a new target to hold its suppliers accountable.\n\nThis target requires that, by 2028, all priority suppliers must have carbon\nreduction plans in place and 50% must have achieved leadership category\n(meaning that they have a science-based or net-zero strategy). Pets at Home\nhad already been working with its suppliers on their Scope 1 and 2 reductions\nas part of its supply chain strategy and its report stated that it is \u201cour\nexpectation that all our suppliers actively manage their operational carbon\nimpact\u201d.\n\n\u201cWe recognise that we have suppliers at different stages of their journey, so\nwe have developed a carbon maturity framework that guides them on how to\nmeasure, manage and share their carbon performance. Suppliers have been\ndirected to our \u2018Knowledge Hub\u2019 that lays out our expectations and shares\ninformation about carbon management,\u201d the business says.\n\nSpecsavers\u2019 McMahon is focused on making similar progress with the eyewear\nretailer\u2019s supplier base.\n\n\u201cAs with many businesses, the vast majority of our carbon footprint is\nproduced within our supply chain, especially in our products. We are working\nwith our frame suppliers to move away from virgin fossil fuel-based materials\nwherever possible. Sourcing recycled and bio-based material alternatives for\nour frames enables us to offer our customers products that offer all the style\nand performance benefits they are used to, while using less of the resources\nour planet is running low on\u201d, she explains.\n\n## 4\\. Implementing eco-innovations\n\nFrom eco materials to tech-enabled product design and game-changing supply\nchain solutions, a flurry of innovations has hit the market to enable\nretailers to become more sustainable. This includes digital product passports\n(DPPs).\n\nIn September 2023, fashion retailer Nobody\u2019s Child and data and tech company\nFabacus launched the first DPPs. Vastly innovative for their potential to\nsupport supply chain traceability, DPPs feature QR codes on product care\nlabels which consumers can scan for information about raw materials,\nsuppliers, logistics, packaging, care instructions, use and more. The\nstrategic implication of this tech is two-fold; it enables shoppers to make\nmore informed decisions about their purchases and helps retailers better track\ntheir carbon footprint and work more closely with suppliers.\n\nIn August 2024, Tesco followed suit and introduced DPPs for its F&F clothing\nbrand with every item from its range featuring the tool. Tesco head of\ntechnical Joe Little said: \u201cDigital product passports represent an important\nstep forward, encouraging and promoting sustainable and circular practices.\u201d\n\nIt comes as DPPs are being introduced across the EU, endorsed by the European\nCommission, to improve sustainability. Industrial and electric vehicle\nbatteries will be the first products to have mandatory DPPs, from 2027. Other\nproduct categories, including textiles, are expected to follow by 2030.\n\n## 5\\. Charging ahead with EVs\n\nWhile electric vehicle (EV) charging infrastructure is still a relatively new\nconcept, several retailers are transitioning to this alternative fuel for\ntheir fleets to reduce their carbon footprint.\n\nIkea is one such example. The homewares giant has worked with Mer UK, the EV\ncharging specialist, to switch its fleets, as it looks to achieve its target\nof net-zero emissions by 2025. As part of its \u00a34.5m EV investment, announced\nin April last year, the pair are working together to deliver almost 200\nchargers which will provide charging points for new electric vehicles owned by\nIkea.\n\nMer UK head of sales Natasha Fry says having a \u201ccollaborative, adaptable\napproach allowed us to help Ikea align its infrastructure with its ambitious\nenvironmental goals\u201d.\n\n\u201cElectric mobility is one of the most effective ways to reduce carbon\nemissions. While not all vehicles can be immediately replaced by electric\nalternatives\u2014especially when considering factors like payload, capacity, and\nrange for logistics fleets\u2014manufacturers are increasingly focusing on\ndeveloping vehicles that are fit for purpose. By investing in electric\nvehicles and charging infrastructure now, retailers can scale their transition\nat a pace that suits their operations\u201d, adds Fry.\n\nRetailers have been making big strides in EV charging for consumers and not\njust fleets too. Tesco, for instance, continues to host the UK\u2019s biggest\nsupermarket charging network, with 1,305 devices now in place for shoppers.\n\n## Topics\n\n * [ Events and awards ](/events-and-awards/14710.subject)\n * [ Ikea ](/ikea/2627.subject)\n * [ Kingfisher ](/kingfisher/2645.subject)\n * [ Nobody's Child ](/nobodys-child/20134.subject)\n * [ Pets at Home ](/pets-at-home/2718.subject)\n * [ Retailer strategy ](/retailer-strategy/20117.subject)\n * [ Specsavers ](/specsavers/2761.subject)\n * [ Supply chain ](/supply-chain/2772.subject)\n * [ Sustainability ](/sustainability/14713.subject)\n * [ Tesco ](/tesco/2779.subject)\n\n * [ ](https://twitter.com/intent/tweet?text=Sustainability+strategy%3a+Five+ways+retailers+are+minimising+their+environmental+impact&url=https%3a%2f%2fwww.retail-week.com%2fsustainability%2fsustainability-strategy-five-ways-retailers-are-minimising-their-environmental-impact%2f7047230.article \"Share this on Twitter\")\n * [ 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"url": "https://www.retail-week.com/sustainability/sustainability-strategy-five-ways-retailers-are-minimising-their-environmental-impact/7047230.article"
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"reason": "This article from Retail Week discusses sustainability strategies in retail, mentioning Kingfisher's efforts. Since Kingfisher owns Brico, this is relevant. Retail Week is a reputable industry publication, suggesting a good level of reliability.",
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"summary": "This article from Retail Week discusses sustainability strategies in retail, mentioning Kingfisher's efforts.",
"url": "https://www.retail-week.com/sustainability/sustainability-strategy-five-ways-retailers-are-minimising-their-environmental-impact/7047230.article"
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"page_content": "Skip to content\n\n# How Kingfisher is driving sustainable supplier engagement\n\nHere\u2019s how Kingfisher, the international home improvement retailer, is scaling\nclimate action across its whole supplier base using a carbon reduction\nplatform.\n\n> \"We want to give every supplier the opportunity to understand their carbon\n> footprint and develop programs to decarbonize.\u201d\n>\n> Laurence Turnbull\n>\n> Sustainability Manager\n\n**About \n** Kingfisher is a leading international home improvement company committed to\nreducing its carbon footprint.\n\n**Industry** \nHome improvement\n\n**Company size** \n60,000 FTE employees\n\n**Emissions reduction** \nScope 3\n\n**Number of suppliers** \n400 suppliers reporting on M2030\n\n**Number of countries** \n40 countries represented on M2030\n\nTo prevent the impact of climate change, businesses are taking action to\nreduce emissions within their operations and supply chains. At Kingfisher, the\ninternational home improvement retailer whose businesses include B&Q,\nScrewfix, Castorama, and Brico D\u00e9p\u00f4t, climate action is a strategic priority.\n\nHaving set ambitious targets to reduce Scope 1, 2 emissions (2016/17\nbaseline), and Scope 3 emissions from a 2017/18 baseline, Kingfisher partnered\nwith Manufacture 2030 (M2030) to accelerate climate action and reduce supply\nchain carbon emissions at scale.\n\n## **Taking action to protect the planet**\n\nLearning from and building on a foundation of environmental activities\nthroughout its supply chain, Kingfisher needed a solution that would scale\nclimate action across its whole supplier base. The company sought to enable\nconsistency and understanding of data, management of climate actions, and\nvisibility over impact reduction efforts.\n\n**Laurence Turnbull, Sustainability Manager at Kingfisher, explained:**\n\n\u201cIn working to deliver our 2025/26 Scope 3 carbon target and build a program\nto enable future carbon reductions, we looked for a solution that would\nsupport our suppliers, a key part of our Scope 3 emissions, to help in\nunderstanding their carbon footprint and to create climate action plans.\u201d\n\nFollowing a tender process, Kingfisher chose M2030 as the platform that\noffered the necessary tools, resources, and visibility to manage a global\nsupplier base on carbon reduction.\n\n## **Supporting suppliers in emission reductions**\n\nSince partnering with M2030 in 2022, Kingfisher has engaged hundreds of\nsuppliers through campaigns, webinars, and educational content. These\ninitiatives equip suppliers with the knowledge to adopt environmental\npractices. The carbon reduction platform gives access to hundreds of best\npractice actions, enabling suppliers to build and implement carbon reduction\nplans across their facilities.\n\n\u201cM2030\u2019s capabilities allow us to engage and manage many suppliers at once,\nrunning campaigns and providing the necessary support to our suppliers\nglobally.\u201d\n\n\u201cAnd we learn. Each discussion brings new information and ideas that you can\nuse to improve the process and allows us to share best practice.\u201d\n\n## **Collective action across retail banners**\n\nKingfisher operates in seven countries across Europe under different retail\nbanners. These include B&Q, Castorama, Brico D\u00e9p\u00f4t, and Screwfix. For a\nconsistent approach to reduce carbon emissions, Kingfisher is expanding its\nwork with M2030 across multiple retail banners.\n\n\u201cPartnering with M2030 enables us to have one place for our suppliers\u2019 supply\nchain emissions data, and the ability to forecast emission reductions. We plan\nto use the solution across Kingfisher, with phased onboarding of our retail\nbanners over time.\u201d\n\nBy implementing a single solution across its retail banners, Kingfisher can\ncollaborate more efficiently across its entire supply chain. With many\nsuppliers supporting multiple Kingfisher retail banners, the use of one\nplatform helps save time and resource, enabling them to focus on driving\ncarbon reductions. ****\n\n**Benefits to scale across retail banners** **** | \n\n * _Consistency of process_\n * _Standardization of methodologies_\n * _Identical supplier experience_\n * _Uniform data management_\n * _Convenient data access, centralized in one location_\n * _One view of aggregated reduction plans_\n\n \n---|--- \n \n## **Evolving methodology for measuring product data**\n\n##### **Product carbon inventory**\n\nIn 2023, Kingfisher developed a product carbon inventory with M2030 and\nRicardo, generating an updated baseline carbon figure to base future programs\non.\n\nAs a result, Kingfisher has gained a better understanding of carbon hotspots\nand supplier emissions, using a product hierarchy aligned with the Greenhouse\nGas Protocol for Category 1 and Category 11. \u201cA robust baseline has been key\nfor us in progressing our Scope 3 program, and to make sure we could drive\naction at scale across our whole supplier base.\u201d\n\n##### **Understanding the reliability of product data**\n\nFollowing this work, Kingfisher ran a pilot program with its worktop suppliers\nto understand the quality and the reliability of data in Environmental Product\nDeclarations (EPDs).\n\nWorktops were selected for the pilot because they offered a straightforward\nproduct range and manageable supplier base, making it easier to compare\nvolumes and manufacturing processes.\n\nSuppliers shared their EPDs on the M2030 platform, which were then assessed\nfor content and data quality. \u201cThrough the pilot, we wanted to understand the\nquality of the data within the EPDs and then how we could use this information\nto further inform our carbon data model. Not only was the output insightful,\nbut it also reinforced the importance of consistent methodology, helping to\nalign everyone as they are at different points in the journey.\u201d\n\nThe data collected during the pilot helped inform Kingfisher\u2019s plans for\nengaging their suppliers and collecting product-level data.\n\n##### **Evolving model to measure and reduce product carbon footprints**\n\nKingfisher is working to understand how supplier led data can serve to improve\nits carbon footprint data, using EPDs and other product level emissions\ninformation.\n\nKingfisher is also helping to shape M2030's Product Carbon Footprint solution.\nReleased in Q4 2024, this product will enable suppliers to generate Product\nCarbon Footprints, share these with Kingfisher, and take action to reduce\nproduct carbon emissions.\n\n\u201cWe are on our journey with our suppliers. It is key we work collaboratively\nwith them, ensuring they deliver climate plans consistently. We want to give\nevery supplier the opportunity to understand their carbon footprint and\ndevelop programs to decarbonize.\u201d\n\n## Reach supply chain carbon reduction targets with confidence\n\n[ Find out more ](/request-demo)\n\n[ Home ](/)\n\n * [ Login ](https://bee.manufacture2030.com/login?next=%2F&?ref=navbar)\n * [ Overview ](/how-we-work/overview)\n * [ Book a demo ](/request-demo)\n * [ Suppliers ](/campaigns)\n\n * [ Customer stories ](/insights/customers)\n * [ Our partners ](/about-us/our-partners)\n * [ News ](/insights/news)\n * [ Blog ](/insights/blog)\n\n * [ Contact ](/about-us/contact)\n * [ Our mission and history ](/about-us/our-mission-and-history)\n * [ Our commitment to the environment ](/about-us/our-environmental-footprint)\n * [ Careers ](/about-us/careers)\n\n228-240 Banbury Rd \nSummertown \nOxford \nOX2 7BY \nUnited Kingdom\n\n * [ Contact us ](/about-us/contact)\n\n * [ Visit us on LinkedIn ](https://www.linkedin.com/company/manufacture-2030/)\n * [ Visit us on Twitter ](https://twitter.com/Manufacture2030)\n\n\u00a9 Manufacture 2030, 2025 | Company number: 06485099 \n\n * [ Privacy Policy ](/privacy-policy)\n * [ Cookie Policy ](/cookie-policy)\n\n",
"url": "https://manufacture2030.com/insights/customers/kingfisher"
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"reason": "This page discusses Kingfisher as a customer of Manufacture 2030, focusing on sustainability initiatives. Since Kingfisher owns Brico, this is relevant. While likely accurate in its description of the work, it may be slightly biased towards highlighting the positive aspects of the collaboration.",
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"search_query": "company 'Brico' environmental impact carbon footprint",
"summary": "This page discusses Kingfisher as a customer of Manufacture 2030, focusing on sustainability initiatives.",
"url": "https://manufacture2030.com/insights/customers/kingfisher"
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"source": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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Read more. 09 Jan 2024 AI ](/en_ro/insights/supply-chain/how-generative-ai-in-supply-chain-can-drive-value)\n\n[ My EY ](https://login.ey.com/myey/home \"My EY\") [ My EY\n](https://login.ey.com/myey/login \"My EY\")\n\n__\n\nSelect your location\n\n__\n\nLocal sites\n\nPress release\n\n19 Dec 2024\n\n# EY advised Kingfisher on the divestment of Brico D\u00e9p\u00f4t Romania to Altex\n\nPress contact\n\n[ EY Rom\u00e2nia ](/en_ro/people/ey)\n\nOrganiza\u021bie de servicii profesionale\n\n * * [ Open X profile of EY Rom\u00e2nia ](https://twitter.com/EY_Romania \"Open X profile of EY Rom\u00e2nia\")\n * [ Open LinkedIn profile of EY Rom\u00e2nia ](https://www.linkedin.com/company/ernstandyoung \"Open LinkedIn profile of EY Rom\u00e2nia\")\n\nRelated topics\n\n[ Strategy and Transactions ](/en_ro/services/strategy-transactions)\n\n * Facebook \n * Twitter \n * LinkedIn \n * Link Copied \n\nEY Romania is privileged to advise Kingfisher, an international home\nimprovement company with over 2,000 stores and 78,000 employees, on the agreed\nsale of Brico D\u00e9p\u00f4t Romania to Altex, market leader of the Romanian electro-IT\nretail sector.\n\nDuring the EY-led process, the team provided full sell-side M&A assistance,\nstructuring and coordinating the execution of the transaction.\n\nBrico D\u00e9p\u00f4t Romania has the 2 nd largest store network on the Romania DIY\nretail market, having entered the country in 2013 via its acquisition of\nBricostore Romania and further expanding in 2017 through its acquisition of\nlocal Praktiker operations. Brico D\u00e9p\u00f4t\u2019s stores are designed to maximise\ncustomer shopping experience and address all DIY, DIFM and trade needs under\none roof. The network is supported by a strong omnichannel proposition\u200b and an\nagile centralized headquarters.\n\nFounded in 1992, Altex is Romania's market leader in electro IT retail and one\nof the largest and most recognisable Romanian brands. It currently operates\n135 stores under two brands (Altex and Media Galaxy) in around 70 cities,\ncovering all of Romania\u2019s 42 counties.\n\nEY\u2019s multi-jurisdictional team provided end-to-end M&A advisory with an\nintegrated service offering covering the full spectrum of sell-side assistance\nservices, including vendor financial and tax due diligence, as well as SPA\nadvisory and operational separation services. The successful execution of the\nannounced transaction is owed to EY\u2019s multi-disciplinary approach and globally\nintegrated network.\n\nRelated news\n\n* __\n\n* * *\n\nEY logo\n\n * [ Connect with us ](/en_ro/about-us/connect-with-us) \n\n * [ Our locations ](/en_ro/locations)\n * [ My EY ](https://login.ey.com/)\n * [ Site map ](/en_ro/functional/sitemap)\n * [ Legal and privacy ](/en_ro/legal-and-privacy)\n\n * [ Open Facebook profile ](http://www.facebook.com/pages/Ernst-Young/195665063800329 \"Open Facebook profile\")\n * [ Open X profile ](http://twitter.com/EYnews \"Open X profile\")\n * [ Open LinkedIn profile ](https://www.linkedin.com/company/1073 \"Open LinkedIn profile\")\n * [ Open Youtube profile ](http://www.youtube.com/ernstandyoungglobal \"Open Youtube profile\")\n\nEY refers to the global organization, and may refer to one or more, of the\nmember firms of Ernst & Young Global Limited, each of which is a separate\nlegal entity. Ernst & Young Global Limited, a UK company limited by guarantee,\ndoes not provide services to clients.\n\nYou are visiting EY ro (en)\n\nro en\n\n",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
"reason": "This article from EY discusses their role in advising Kingfisher on the divestment of Brico Depot Romania. It's a reliable source for this specific transaction, providing factual information about the deal.",
"reliability_score": 0.8,
"search_query": "company 'Brico' climate risk energy usage",
"summary": "EY article about advising Kingfisher on the divestment of Brico Depot Romania.",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
},
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"origin": "public",
"resource_location": "web",
"resource_type": "webpage",
"source": "https://www.reuters.com/markets/deals/home-improvement-retailer-kingfisher-sells-romanian-unit-74-mln-2024-12-18/"
},
"page_content": "Please enable JS and disable any ad blocker\n\n",
"url": "https://www.reuters.com/markets/deals/home-improvement-retailer-kingfisher-sells-romanian-unit-74-mln-2024-12-18/"
},
"reason": "This Reuters article reports on Kingfisher selling its Romanian unit, Brico Depot, to Altex. Reuters is a reputable news source, making this a reliable source of information.",
"reliability_score": 0.9,
"search_query": "company 'Brico' climate risk energy usage",
"summary": "Reuters article about Kingfisher selling its Romanian unit, Brico Depot, to Altex.",
"url": "https://www.reuters.com/markets/deals/home-improvement-retailer-kingfisher-sells-romanian-unit-74-mln-2024-12-18/"
},
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"source": "https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/"
},
"page_content": "Skip to content\n\n * [ RECRUITMENT ](https://www.groupe-briconord.com/en/recruitment/)\n * [ CONTACT ](https://www.groupe-briconord.com/en/contact/)\n * [ ](https://www.groupe-briconord.com/nl/nieuws/de-mvo-aanpak-binnen-de-briconord-groep/)\n * [ ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ ](https://www.groupe-briconord.com/actualites/la-demarche-rse-au-sein-du-groupe-briconord/)\n\n__ Top bar Anglais\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n# The CSR approach within the Briconord Group\n\nYou are here:\n\n 1. [ Home ](https://www.groupe-briconord.com/en/ \"Home\")\n 2. [ NEWS ](https://www.groupe-briconord.com/en/category/news/ \"NEWS\")\n 3. The CSR approach within the\u2026 \n\n[ Apr 11 2023 ](https://www.groupe-briconord.com/en/2023/04/11/ \"10h49\")\n\n[ NEWS ](https://www.groupe-briconord.com/en/category/news/)\n\n> More than ever, the theme of CSR, corporate social responsibility, is in the\n> air. The Briconord Group positions itself as an active player in the\n> evolution of the industry towards greater responsibility and commitment.\n> Numerous actions have been put in place to meet the environmental challenges\n> of developing sustainable offers and reducing the overall impact of the\n> industrial sector on the environment. It is with this deep commitment that\n> the Group is evolving to build the industry of tomorrow.\n\n## Interview with the CEO of the Group Christian Guillou\n\n### _Why implement a CSR approach in the company?_\n\nCSR (Corporate Social Responsibility) is one of the fundamental pillars in the\nconduct of all activities of a responsible company. For the Briconord Group,\nit is therefore a question of carrying out our activities by contributing to a\nresponsible development approach that pushes towards greater sustainability\nand the implementation of factual, measurable and verifiable practices for all\nour activities. This virtuous eco-citizen and social policy is fully in line\nwith our logic of development and to better respond to environmental and\nsocial issues such as: the development of sustainable product offers, the\nreduction of the global impact of the sector on the environment, the well-\nbeing of our employees and the impact that we have on the territories where we\nare established\n\n### _What is Briconord\u2019s CSR approach based on?_\n\nOur CSR approach is based on four pillars that stem from the United Nations\u2019\nSustainable Development Goals (SDGs): human and social responsibility,\ncorporate responsibility, well-being at work and environmental protection.\n\n### _How should each employee of the Briconord Group be involved?_\n\nFor each of the pillars, there are commitments and expected actions. The\nsuccess of this approach can only be achieved through individual initiative\nand committed behaviour. For it to work, a good CSR approach must be validated\nand supported by all the players in the company: from management, to the\nsupport and sales functions, via manufacturing, supply and logistics, etc.,\nbut also our suppliers and other partners.\n\n### _What example can you give us of the importance of this approach?_\n\nWhen we bid on tenders for our major clients, we have to demonstrate what we\nare doing in terms of CSR. For example, the calculation of the carbon\nfootprint of our products, our eco-design logic, or the consideration of the\nfuture of our products from their design to their \u201cend of life\u201d. It is also\nnoted that the recycling channels at our various sites have been set up\nefficiently.\n\n### _What is the agenda around this approach within the Group?_\n\nPresentation meetings are organised from April onwards in all company\ndepartments with the delivery of a reference document. Our aim is to be able\nto explain the process to everyone, because it is the action of everyone that\nwill ensure the success of our actions. As such, in each company of the Group,\nthere is a CSR manager who coordinates the approach, serves as a reference and\naccompanies the operational staff for the CSR initiatives.\n\n### _What are the main problems we may encounter?_\n\nIt is important not to get lost in a multitude of actions without objectives.\nThe approach will be introduced gradually, with the aim of achieving tangible\nand measurable results with quantitative and qualitative indicators. It is\nimportant to find the right balance so that all stakeholders benefit, but also\nto be particularly uncompromising on ethical aspects, environmental criteria\nand social progress. The CSR approach is a new way of looking at our business.\nIt will enable us to respond to the various challenges and thus better ensure\nthe long-term future of our Group.\n\n### _To conclude, what is your objective for the CSR approach?_\n\nThe group is committed to this approach with the aim of being a responsible\nplayer in home improvement and hardware and building sustainable growth. This\nobjective is reflected in the headline of our document: \u201cOur commitment to\ntomorrow\u2019s performance\u201d.\n\n**[ Download the BRICONORD Group CSR Charter (PDF) ](https://www.groupe-\nbriconord.com/wp-content/uploads/2023/03/CharteRSE-GroupeBriconord-EN.pdf) **\n\nCategory: [ NEWS ](https://www.groupe-briconord.com/en/category/news/) [ By\nGroupe Briconord ](https://www.groupe-briconord.com/en/author/admin7502/\n\"View all posts by Groupe Briconord\") [ 11 April 2023 ](https://www.groupe-\nbriconord.com/en/2023/04/11/ \"10h49\")\n\n#### Author: Groupe Briconord\n\n[ https://www.groupe-briconord.com ](https://www.groupe-briconord.com)\n\n### Related posts\n\n[ ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-\nawarded/)\n\n[ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-\nbriconord.com/en/news/cf-news-grand-prix-briconord-awarded/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n\n[ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-\nbriconord.com/en/news/renoporte-new-and-successful/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-\ngedimat/)\n\n[ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-\nbriconord.com/en/news/norail-nordlinger-are-at-gedimat/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-\nwebsite/)\n\n[ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-\nbriconord.com/en/news/starblock-new-look-for-a-new-website/) \n11 January 2023\n\n[ ](https://www.groupe-briconord.com/en/news/development-of-e-commerce-teams/)\n\n[ Development of e-commerce teams ](https://www.groupe-\nbriconord.com/en/news/development-of-e-commerce-teams/) \n11 January 2023\n\n[ ](https://www.groupe-briconord.com/en/news/briconord-group-on-the-smart-\ncroissance-programme/)\n\n[ Briconord Group on the Smart Croissance programme ](https://www.groupe-\nbriconord.com/en/news/briconord-group-on-the-smart-croissance-programme/) \n3 February 2022\n\n## The latest news\n\n * [ The CSR approach within the Briconord Group ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-awarded/)\n * [ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n * [ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-gedimat/)\n * [ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-website/)\n\n[ Contact ](https://www.groupe-briconord.com/contact/)\n\n## Briconord Group\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n[ ](https://www.groupe-briconord.com/en/)\n\n[ Privacy Policy ](https://www.groupe-briconord.com/en/privacy-policy/) \\- [\nCookies ](https://www.groupe-briconord.com/en/cookie-policy/) \\- 2025\nBriconord Group\n\nGo to Top\n\n",
"url": "https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/"
},
"reason": "This is a news article on the official website of Groupe Briconord, discussing their CSR (Corporate Social Responsibility) approach. As a primary source, it's highly reliable for information about their own CSR initiatives, although it may present a favorable view.",
"reliability_score": 0.9,
"search_query": "company 'Brico' environmental impact carbon footprint",
"summary": "This is a news article on the official website of Groupe Briconord, discussing their CSR (Corporate Social Responsibility) approach.",
"url": "https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/"
},
{
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"origin": "public",
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"resource_type": "webpage",
"source": "https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-maxeda-to-b-outlook-stable-09-10-2023"
},
"page_content": "Skip to main content\n\n",
"url": "https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-maxeda-to-b-outlook-stable-09-10-2023"
},
"reason": "Fitch Ratings is a reputable source for credit ratings. This report discusses the downgrade of Maxeda, which owns Brico. The information is reliable for financial analysis.",
"reliability_score": 0.8,
"search_query": "company 'Brico' climate risk energy usage",
"summary": "Fitch Ratings report discussing the downgrade of Maxeda, which owns Brico.",
"url": "https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-maxeda-to-b-outlook-stable-09-10-2023"
},
{
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"resource_type": "webpage",
"source": "https://www.dnb.com/business-directory/company-profiles.brico_depot.e48972f6c0eff17dcc268a3d01dd0a03.html"
},
"page_content": "D&B Business Directory\n\n 1. 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](/business-directory/industry-\nanalysis.sporting_goods_hobby_and_musical_instrument_retailers.html) , [ Used\nMerchandise Retailers ](/business-directory/industry-\nanalysis.used_merchandise_retailers.html) [ Warehouse Clubs, Supercenters, and\nOther General Merchandise Retailers ](/business-directory/industry-\nanalysis.warehouse_clubs_supercenters_and_other_general_merchandise_retailers.html) \nView fewer\n\n[ Building Material and Supplies Dealers ](/business-directory/company-\ninformation.building_material_and_supplies_dealers.fr.html) [ Building\nMaterial and Garden Equipment and Supplies Dealers ](/business-\ndirectory/company-\ninformation.building_material_and_garden_equipment_and_supplies_dealers.fr.html)\n[ Retail Trade ](/business-directory/company-\ninformation.retail_trade.fr.html)\n\n[ Printer Friendly View ]()\n\n[ 30/32 30 RUE DE LA TOURELLE 91310, LONGPONT-SUR-ORGE, ILE DE FRANCE France\n](https://maps.google.com/?q=30/32%2030%20RUE%20DE%20LA%20TOURELLE%2091310,%20LONGPONT-\nSUR-ORGE,%20ILE%20DE%20FRANCE%20France) See other locations\n\n?\n\n[ www.bricodepot.fr ](http://www.bricodepot.fr)\n\n?\n\nActual\n\n \n?\n\nActual\n\n? ?\n\n[ Unlock full sales materials and reports ](/content/dnb-\nus/en/home/marketing/marketing-sales/hoovers-free-trial-directory.html)\n\nContacts\n\nGet in Touch with 2 Principals*\n\n * Laurent Olivier VITTOZ \n\nGeneral Manager\n\n * Contact 2 \n\n?\n\n[ See All Contacts ](/marketing/marketing-sales/hoovers-free-trial-\ncontacts.html)\n\nDynamic search and list-building capabilities\n\nReal-time trigger alerts\n\nComprehensive company profiles\n\nValuable research and technology reports\n\n[ Get a D&B Hoovers Free Trial ](/marketing/marketing-sales/hoovers-free-\ntrial-directory.html)\n\nStay on top of your Business Credit File\n\nGet full access to view your D&B business credit file now for just $39/month!\n\n[ View D&B Scores & 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All rights reserved. \n\n",
"url": "https://www.dnb.com/business-directory/company-profiles.brico_depot.e48972f6c0eff17dcc268a3d01dd0a03.html"
},
"reason": "This is a company profile for Brico Depot on D&B, a business directory. While D&B is generally reliable for basic company information, it may not be as reliable for in-depth analysis or nuanced information. The information is factual but limited in scope.",
"reliability_score": 0.7,
"search_query": "company 'Brico' climate risk energy usage",
"summary": "Company profile for Brico Depot on D&B.",
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"page_content": "# Kingfisher Plc: A long-term sustainable products strategy to achieve net\nzero\n\n### Customer challenge\n\nKingfisher plc, the international home improvement retailer whose businesses\ninclude B&Q, Screwfix, Castorama and Brico Depot, has the goal of reducing its\nsupply chain and product carbon emissions and ultimately becoming net zero\nthrough its whole value chain. Ricardo have been working in partnership with\nKingfisher since 2021 to provide expert advice and analysis to optimise and\naccelerate this journey.\n\nIn line with many similar companies, Kingfisher\u2019s value chain and product\nlifecycle account for around 90% of its total carbon emissions. These are\nknown as Scope 3 emissions and are generated mainly from the products they\npurchase for resale, and from the use of their products once sold.\n\n### Ricardo support\n\n#### Quantifying the scale of scope 3 emissions\n\nRicardo\u2019s experts created a Scope 3 emissions inventory to identify carbon\n\u2018hotspots\u2019: specific high emission categories of products which became the\npriority areas for action \u2013 both in terms of the embodied carbon emissions\nfrom the supply chain, and in the products\u2019 usage.\n\nFollowing on from this work, Ricardo have developed an enhanced Scope 3\nemissions inventory using product-specific data to provide a more accurate\npicture. Lack of accurate data is always a challenge for Scope 3 inventories,\nbut Ricardo\u2019s experts have facilitated moving away from using spend-based,\naverage emission factors, to using:\n\n * Product-specific emissions data from Environmental Product Declarations (EPDs) and Product Carbon Footprints (PCF) where available. In cases where an EPD or PCF is not already available, we are developing Product Carbon Footprints (PCF) guidance for Kingfisher\u2019s suppliers to be able to provide the required data and Kingfisher are working closely with strategic suppliers to access detailed product emissions data. \n * Individual product-level energy usage data for the highest selling energy-using goods such as lighting and electrical heating. \n\nRicardo\u2019s work in developing a Scope 3 emissions inventory has underpinned\nKingfisher\u2019s target setting process and supported Kingfisher in announcing new\nscience-based targets.\n\n#### \nNew net zero emission targets\n\nKingfisher plc aims to reduce absolute Scope 1 and 2 emissions by 68% from a\n2016/17 base year by 2030, and to reach Net Zero by FY2040. For Scope 3, the\nGroup aims to reduce absolute emissions by 46% from a 2017/18 base year by\n2030, and to reach Net Zero across the value chain by FY2050. The targets have\nbeen submitted for validation by the Science-Based Targets Initiative (SBTi).\n\nKingfisher has already made significant progress against its Science-Based\nTargets, reducing operational emissions by 62.0% since 2016/17, again\nexceeding its 2025/26 reduction target. In addition, Kingfisher has reduced\nthe intensity of its Scope 3 emissions from the supply chain and customer use\nof products by 41.6% since 2017/18.\n\n#### Scope 3 decarbonisation strategy\n\nFollowing the development of the Scope 3 enhanced emissions inventory Ricardo\nworked very closely with Kingfisher to identify supply chain and product\ndecarbonisation measures as part of a Scope 3 decarbonisation strategy. The\nstrategy adopted circular economy principles and upstream supplier\ndecarbonisation opportunities to develop a clear set of strategic actions that\nwould help Kingfisher achieve Scope 3 decarbonisation targets.\n\nThe Group now has a detailed action plan in place to achieve these targets,\nbuilding on its strong track record of delivering emissions reductions to\ndate. This includes:\n\n * Improving energy efficiency of products and transitioning away from fossil fuel-using ranges. \n * Using lower carbon materials in purchasing criteria and product design. \n * Engaging vendors to drive and monitor upstream carbon reduction. \n * Building circularity into business models including through the rental and refurbishment of products. \n\nRicardo is now working with Kingfisher on the next phases of its\ndecarbonisation journey, including building the internal processes to track\nprogress towards the targets, and improving the quality and robustness of\nScope 3 inventory data. \n \n\n### Customer benefit\n\nWith Ricardo\u2019s support, Kingfisher is making, and will continue to make,\naccelerated progress towards its climate goals. Its teams are able to make\ninformed sustainable decisions on product design and product specifications,\nmake procurement decisions based on supplier and product performance and\ncapture accurate data to inform external scope 3 reporting (GHG).\n\n**\u201c We are proud to be working with Ricardo to ensure a credible and robust\nplan to realise our ambitions. Through this work we will be able to build-in a\nlow-carbon approach to our product design and engage with our suppliers to\nseek low-carbon solutions so that our customers will benefit from a\ncomparatively lower carbon footprint through the use of our products. \u201d **\nLaurence Turnbull, Carbon Programme Manager, Kingfisher.\n\n### Further information and support\n\n[ Get in touch ](/en/forms/contact-our-environmental-and-energy-consultants\n\"Contact our environmental and energy consultants\")\n\n[ More about Ricardo's work to support the DIY sector ](/en/news-and-\ninsights/campaigns/decarbonisation-for-the-diy-sector \"Decarbonisation for the\nDIY sector\")\n\n[ Scope 3 emissions management support ](/en/services/strategy-and-\nadvisory/scope-3-emissions-management \"Scope 3 emissions management\")\n\n[ Net zero support ](/en/services/strategy-and-advisory/net-zero-and-\ndecarbonisation \"Net zero and decarbonisation\")\n\nClient\n\nKingfisher plc\n\nKey Services\n\nNet zero \nScope 3 emissions management \nSBTi target setting \n\nStart date\n\n08/2021\n\nLocation\n\nEurope\n\nView more\n\nScope 3 emissions management\n\n[ Learn more ](/en/services/strategy-and-advisory/scope-3-emissions-\nmanagement)\n\n## Related case studies\n\n[ View all case studies ](/en/projects)\n\n### Driving down emissions in the DIY sector\n\n[ Read project ](/en/projects/driving-down-emissions-in-the-diy-sector)\n\n### Double materiality assessment support for Ferrexpo\n\n[ Read project ](/en/projects/ferrexpo-double-materiality-assessment)\n\n### Empowering battery supply chain sustainability\n\n[ Read project ](/en/projects/empowering-battery-supply-chain-sustainability)\n\n[ ](/en) [ info@ricardo.com ](mailto:info@ricardo.com) [ +44 (0)1273 455611\n](tel:+44 1273 455611)\n\n### Our company\n\n[ About us ](/en/who-we-are) [ Strategy ](/en/who-we-are/our-strategy) [\nMarkets ](/en/markets) [ Services ](/en/services)\n\n### Useful links\n\n[ Sustainability ](/en/sustainability) [ Policies ](/en/who-we-\nare/governance/policies) [ Terms and conditions ](/en/who-we-\nare/governance/policies/terms-and-conditions) [ Our certificates ](/en/our-\ncertificates) [ Modern Slavery Statement\n](https://cms.ricardo.com/media/3v3bhd0n/ricardo_modern-slavery-\nstatement_110924.pdf)\n\n### Media\n\n[ Industry insights ](/en/news-and-insights/industry-insights) [ Press\nreleases ](/en/news-and-insights/press-releases) [ Investors ](/en/investors)\n[ Press contacts ](mailto:media@ricardo.com)\n\n### Get in touch\n\n[ Contact us ](/en/contact-us) [ Locations ](/en/contact-us/locations) [\n](https://www.linkedin.com/company/ricardo-plc/) [\n](https://www.instagram.com/wearericardo/)\n\n[ Cookie policy ](/en/cookie-policy) [ Privacy notice ](/en/privacy-notice) [\nTerms and conditions ](/en/terms-and-conditions) [ Accessibility\n](/en/accessibility)\n\n\u00a9 Copyright 2025 Ricardo. All rights reserved.\n\n[ Cookie policy ](/en/cookie-policy) [ Privacy notice ](/en/privacy-notice) [\nTerms and conditions ](/en/terms-and-conditions) [ Accessibility\n](/en/accessibility)\n\n",
"url": "https://www.ricardo.com/en/projects/kingfisher-plc-a-long-term-sustainable-products-strategy-to-achieve-net-zero"
},
"reason": "This page describes Ricardo's project with Kingfisher on a sustainable products strategy. Since Kingfisher owns Brico, this is relevant. While likely accurate in its description of the project, it may be slightly biased towards highlighting the positive aspects of the work.",
"reliability_score": 0.7,
"search_query": "company 'Brico' environmental impact carbon footprint",
"summary": "This page describes Ricardo's project with Kingfisher on a sustainable products strategy.",
"url": "https://www.ricardo.com/en/projects/kingfisher-plc-a-long-term-sustainable-products-strategy-to-achieve-net-zero"
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"source": "https://www.adeo.com/en/"
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"page_content": "We draw your attention to possible attempts at fraud.\n\nWe will never ask you to provide your personal information. \nPlease note that all official ADEO email addresses respect the following\nformat: \"first_name.surname@adeo.com\", no other format is used. \nThank you for your vigilance.\n\n# [ Adeo - We make home a positive place to live ](https://www.adeo.com/en/)\n\n * [ We ](https://www.adeo.com/en/we/)\n * [ Make ](https://www.adeo.com/en/make/)\n * [ Home ](https://www.adeo.com/en/home/)\n * [ A positive place ](https://www.adeo.com/en/a-positive-place/)\n * [ To live ](https://www.adeo.com/en/to-live/)\n\n * [ Acting together ](https://www.adeo.com/en/acting-together/)\n * [ The ADEO collective ](https://www.adeo.com/en/the-adeo-collective/)\n * [ ADEO in the world ](https://www.adeo.com/en/adeo-in-the-world/)\n * [ Ethical Commitments ](https://www.adeo.com/en/ethical-commitments/)\n * [ Press area ](https://www.adeo.com/en/press-area/)\n * [ ADEO on LinkedIn ](https://www.linkedin.com/company/groupe-adeo/)\n * [ Linkedin ](https://www.linkedin.com/company/groupe-adeo/)\n\n * [ **Need** a contact ](https://www.adeo.com/en/need-a-contact/)\n\n[ Press area ](press-area/)\n\n * [ We ](https://www.adeo.com/en/we/)\n * [ Make ](https://www.adeo.com/en/make/)\n * [ Home ](https://www.adeo.com/en/home/)\n * [ A positive place ](https://www.adeo.com/en/a-positive-place/)\n * [ To live ](https://www.adeo.com/en/to-live/)\n\nMeeting the collective for a positive home\n\n[ ](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/)\n\nIn the spotlight\n\nObramax Professionals Academy: Over 47,000 professionals trained!\n\nFounded in 2018 alongside the opening of the first Obramax store in Brazil,\nthe Obramax Professionals Academy has established itself as a key driver of\ntransformation in the construction sector. Over the past seven years, more\nthan 47,000 professionals have been trained, including 12,000 in 2024 alone.\nThis growth reflects the impact of the initiatives implemented, which focus\non\u2026\n\n[ Read more ](https://www.adeo.com/en/news/obramax-professionals-academy/)\n\n## Our latest news\n\n[ All our news ](https://www.adeo.com/en/acting-together/ \"Agir ensemble\")\n\n### [ The Entrepreneur Campus: revealing the spirit of entrepreneurship Read\nthe article ](https://www.adeo.com/en/news/the-weldom-entrepreneur-campus/)\n### [ Obramax Professionals Academy: Over 47,000 professionals trained! Read\nthe article ](https://www.adeo.com/en/news/obramax-professionals-academy/)\n### [ The ADEO marketplace: a major asset for ADEO customers, partners and\nbusinesses Read the article ](https://www.adeo.com/en/news/the-adeo-\nmarketplace/) ### [ ENKI, for a smarter efficient home Read the article\n](https://www.adeo.com/en/news/enki-a-technology-available-to-all/) ### [\nLeroy Merlin Spain introduces its Hogami marketplace Read the article\n](https://www.adeo.com/en/news/hogami-by-leroy-merlin-spain-a-marketplace-\nwhere-you-will-find-services-and-housing-professionals/) ### [ Circular\nEconomy: the real commitment of ADEO companies Read the article\n](https://www.adeo.com/en/news/circular-economy-the-real-commitment-of-adeo-\ncompanies/) ### [ \u201cWith Home Index, the customer becomes actor of their\nconsumption\u201d Read the article ](https://www.adeo.com/en/news/with-home-\nindex-the-customer-becomes-actor-of-their-consumption/) ### [ The photovoltaic\nmarket: an opportunity for sustainable growth Read the article\n](https://www.adeo.com/en/news/the-photovoltaic-market-an-opportunity-for-\nsustainable-growth/) ### [ 8 million thermal strainers in France Read the\narticle ](https://www.adeo.com/en/news/thermal-strainers-energy-intensive-\nhomes-due-to-poor-insulation-in-france-a-major-concern-in-the-fight-against-\nclimate-change/) ### [ \u201cOur desire to be Human First is expressed through\nconcrete actions to improve the health and well-being of our employees\u201d Read\nthe article ](https://www.adeo.com/en/news/employee-well-being-and-health-\ntwo-priorities-for-adeo/)\n\n[ All our news ](https://www.adeo.com/en/acting-together/ \"Agir ensemble\")\n\n## Our reports and documents\n\n[ All our documents ](https://www.adeo.com/en/press-area/ \"Press area\")\n\n### [ ADEO chooses Axionable and Sweep for its Positive Transformation ADEO\nchooses Axionable and Sweep for its Positive Transformation ADEO chooses\nAxionable and Sweep, the carbon and ESG data management platform to accelerate\nits transformation into a positive-impact company.\u2026 Read the press release\n](https://www.adeo.com/en/press/adeo-chooses-axionable-and-sweep-for-its-\npositive-transformation/) ### [ ADEO renews its partnership with the Solar\nImpulse Foundation ADEO renews its partnership with the Solar Impulse\nFoundation Driven by its commitment to making positive homes accessible, ADEO\nis renewing its partnership with the Solar Impulse Foundation. The\npartnership,\u2026 Read the press release ](https://www.adeo.com/en/press/adeo-\nrenews-its-partnership-with-the-solar-impulse-foundation/) ### [ ADEO launches\nits first connected charging station Issue de sa collaboration avec Mobilize,\nADEO lance sa premi\u00e8re borne de recharge connect\u00e9e, fabriqu\u00e9e en France et\ncommercialis\u00e9e chez Leroy Merlin. Read the press release\n](https://www.adeo.com/en/press/adeo-launches-its-first-connected-charging-\nstation/) ### [ Solidarity at the heart of our actions Solidarity is one of\nour values and is expressed in all our Companies. In relation to the war in\nUkraine, we were able to demonstrate the strength of our\u2026 Read the report\n](https://www.adeo.com/en/press/solidarity-at-the-heart-of-our-actions/) ### [\nOverview ADEO 2023 Discover our Overview 2023, a detailed overview of our\nbusiness, including our key figures for 2023, our brands, our vision, our\ninternational presence, our organisational structure and our strategy as\u2026\nRead the report ](https://www.adeo.com/en/press/overview-our-2023-key-\nfigures/) ### [ 2023 Extra-Financial Performance Declaration ADEO's mission\nis \"We make home a positive place to live\", and we believe that becoming a\npositive-impacts company is essential to the long-term future of our business\nand the\u2026 Read the report ](https://www.adeo.com/en/press/2023-extra-\nfinancial-performance-declaration/) ### [ ADEO 2023 vigilance plan The ADEO\n2023 Vigilance Plan plan aims to identify and prevent the risks of serious\nviolations of human rights and fundamental freedoms, the health and safety of\nindividuals and the\u2026 Read the report\n](https://www.adeo.com/en/press/adeo-2023-vigilance-plan/) ### [ Due to a\nmedical reason, Philippe Zimmermann hands over the reins to Thomas Bouret as\nADEO Chief Executive Officer With the support of shareholder AFM, Thomas\nBouret will succeed Philippe Zimmermann as Chief Executive Officer of the ADEO\nGroup from 1 January 2024. Philippe Zimmermann will take over as\u2026 Read the\npress release ](https://www.adeo.com/en/press/due-to-a-medical-reason-\nphilippe-zimmermann-hands-over-the-reins-to-thomas-bouret-as-adeo-chief-\nexecutive-officer/) ### [ Alinea plans to take over Z\u00f4dio to form a single\nbrand Just over 15 years after creating Z\u00f4dio, ADEO considers selling the\ncompany to Alinea. The aim of this merger project of two companies which\noperate in the same shareholder\u2026 Read the press release\n](https://www.adeo.com/en/press/alinea-plans-to-take-over-zodio-to-form-a-\nsingle-brand/) ### [ Overview ADEO 2022 An overview of ADEO and its companies\nin 2022 Read the report ](https://www.adeo.com/en/press/overview-adeo-2022/)\n\n[ All our documents ](https://www.adeo.com/en/press-area/ \"Press area\")\n\n## Getting to know Adeo better\n\n[ #Culture Sharing is at the heart of our culture Read the article\n](https://www.adeo.com/en/discover/sharing-is-at-the-heart-of-our-culture/) [\n#OurManifesto Making our solutions for a positive home accessible Read the\narticle ](https://www.adeo.com/en/discover/making-our-solutions-for-a-\npositive-home-accessible/) [ #Positive Making our homes positive places to\nlive Read the article ](https://www.adeo.com/en/discover/making-our-homes-\npositive-places-to-live/) [ #Culture Our DNA: sharing Read the article\n](https://www.adeo.com/en/discover/our-dna-sharing/) [ #InhabitantsBrand\nOffer products with positive impacts Read the article\n](https://www.adeo.com/en/discover/offer-products-with-a-positive-impact/) [\n#HumanFirst The ADEO platform, a unique model Read the article\n](https://www.adeo.com/en/discover/the-adeo-platform-a-unique-model/) [\n#Leadership 110,000 Leaders of a Positive Future Read the article\n](https://www.adeo.com/en/discover/110000-leaders-of-a-positive-future/) [\n#SafetyFirst Safety First Read the article\n](https://www.adeo.com/en/discover/safety-first/) [ #Positive For positive\nhuman and environmental impacts Read the article\n](https://www.adeo.com/en/discover/for-positive-human-and-environmental-\nimpacts/)\n\n## Newsroom\n\nStay tuned and read our various publications\n\n[ Access to the newsroom ](https://www.adeo.com/en/press-area/ \"Press area\")\n\nDo you need a helping hand?\n\n## Do you need a helping hand?\n\n[ I want to access the press area ](https://www.adeo.com/en/press-area/) [\nDiscover our Human First commitments\n](https://www.adeo.com/en/discover/sharing-is-at-the-heart-of-our-culture/) [\nUnderstanding our strategy ](https://www.adeo.com/en/discover/making-our-\nsolutions-for-a-positive-home-accessible/) [ Discover our actions for the home\n](https://www.adeo.com/en/discover/making-our-homes-positive-places-to-live/)\n[ Know ADEO\u2019s ethical commitments ](https://www.adeo.com/en/ethical-\ncommitments/) [ Understanding how ADEO designs its products\n](https://www.adeo.com/en/discover/offer-products-with-a-positive-impact/) [\nDiscover our culture of sharing ](https://www.adeo.com/en/discover/our-dna-\nsharing/) [ I want to understand what an ADEO leader is\n](https://www.adeo.com/en/discover/110000-leaders-of-a-positive-future/) [\nLearn about the Safety First initiatives\n](https://www.adeo.com/en/discover/safety-first/) [ Discover the ADEO model\n](https://www.adeo.com/en/discover/the-adeo-platform-a-unique-model/) [\nUnderstanding the impacts of ADEO ](https://www.adeo.com/en/discover/for-\npositive-human-and-environmental-impacts/) [ Discover the ADEO retail brands\n](https://www.adeo.com/en/adeo-in-the-world/) [ Learn more about ADEO\n](https://www.adeo.com/en/#brands) [ Discover the history of ADEO\n](https://www.adeo.com/en/#timeline) [ Get the latest news\n](https://www.adeo.com/en/acting-together/) [ Get in touch with ADEO retail\nbrands ](https://www.adeo.com/en/adeo-in-the-world/)\n\n## ADEO retail brands\n\n### Leroy Merlin\n\nWith Leroy Merlin, we help inhabitants around the world with all their home\nimprovement projects, from renovations and extensions, to decoration and\nrepairs\u2026 We offer a wide range of DIY and professional solutions that cover\nplumbing, lighting, heating, electricity, sanitation, security, cooking,\ngardening and much more.\n\n### M: THE PROFESSIONAL BRAND\n\nWith Bricoman, Obramat, Obramax and Tecnomat, we offer building materials,\nequipment, professional tools, services and advice to help professionals carry\nout home improvement projects for their customers.\n\n### Weldom\n\nWith Weldom and our powerful network of local stores in France, we are\ncommitted to providing a solution for every DIY need \u2013 because replacing will\nnever be as economical or environmentally-responsible as repairing,\nmaintaining and improving.\n\n### Saint Maclou\n\nWith Saint Maclou, our brand specialising in the sale and installation of\nfloor coverings in France, we help inhabitants to choose and carry out their\nprojects through a dedicated offer and a network of artisans and fitters.\n\n### Bricocenter\n\nWith Bricocenter, we make DIY easier for everyone by offering all the\nessential products, in conveniently located outlets staffed by versatile teams\nwith local knowledge and extensive expertise. For inhabitant, our local stores\nin Italy are synonymous with time savings, ease of purchase and service\nquality.\n\n### Kbane\n\nWith Kbane, we offer sustainable and efficient solutions to optimise your\ncomfort by saving energy. Humanity is living through a major environmental\ndisruption with a growing scarcity of our resources. Housing is a major energy\nconsumer. Heating is becoming increasingly expensive. This has a strong impact\non the purchasing power of inhabitants. Improving the energy efficiency of\nhousing is therefore a real challenge of our time.\n\n### Naterial\n\nThe brand for outdoor living, create, organise, decorate and make the most of\nall your outdoor spaces (gardens, patios, courtyards, balconies\u2026).\n\n### Isoxa\n\nThe specialist brand for external doors and windows. Improve your thermal and\nacoustic protection while feeling safe and secure in your home.\n\n### Artens\n\nThe product brand that provides floor and wall coverings as well as solutions\nfor all door and window openings, you can be sure of both a decorative and\ndurable result.\n\n### Dexter\n\nThe brand of tools necessary for all work around the home, carry out your jobs\nwith maximum comfort, ease and safety.\n\n### Luxens\n\nThe brand for paint, decorating, stain and varnish products, maintain,\nembellish and decorate inside and outside.\n\n### Inspire\n\nThe inspirational decorating brand that allows you to personalise and\nharmonise your entire home. Get inspired and create an interior you feel good\nin, a place you are proud of.\n\n### Delinia\n\nThe kitchen equipment brand that adapts to your tastes and needs, design your\nkitchen the way you want it.\n\n### Equation\n\nThe trusted brand for heating, air-conditioning and water treatment equipment,\nmake your home comfortable, healthy and safe while saving energy.\n\n### Sensea\n\nThe brand for bathroom and toilet fittings, you can make the most of your\nspace according to your needs.\n\n### Lexman\n\nThe brand for electrical, power supply and control devices, you can enjoy a\nsafe, reliable and efficient system in your home.\n\n### Sterwins\n\nThe brand of ergonomic and reliable electric tools, maintain your garden in a\nsimple and efficient way.\n\n### Spaceo\n\nThe brand for storage solutions, be inspired and find ideas and practical and\naesthetic solutions to store everything in your home.\n\n### Standers\n\nThe hardware brand, find practical solutions that can be used in your home.\n\n### Axton\n\nThe Brand for products which enable me to carry out my DIY works. Thanks to\nthese products you can insulate, waterproof, fix, glue, treat, protect and\nclean.\n\n### Geolia\n\nThe gardening equipment brand, maintain and care for your plants and cultivate\nyour garden easily, season after season, in complete safety and while\nprotecting nature.\n\n## We are the leading player for a positive home in the **world**\n\n[ ADEO in the world ](https://www.adeo.com/en/ \"We make home a positive place\nto live\")\n\n6 \nRETAIL BRANDS \nfor the positive home, \nthat represent a unique combination worldwide\n\n7 \nMARKETPLACES \noffering a wider choice of products \nfor home improvement\n\n1 MILLION \nPARTNERS \nwho we work with worldwide to make the home a more positive to live\n\n110 000 \nENTREPRENEURIAL LEADERS \nfree to act in order to be useful to ourselves, to others and to the world\n\n1000 \nPOINTS \nOF SALE \nanchored in territories \nin close proximity to inhabitants\n\n505 \nMILLION CUSTOMERS SERVED \nwho we support \nin accomplishing their projects for the home\n\n21 \nCOUNTRIES \nwhere we help inhabitants \nin making their home projects become a reality\n\n## A century of **positive** stories\n\n1920\n\n1930\n\n1940\n\n1950\n\n1960\n\n1970\n\n1980\n\n1990\n\n2000\n\n2010\n\n2020\n\n### The beginning of a long family story\n\nIn 1921, Adolphe Leroy senior opens the first \u201cStock Am\u00e9ricain\u201d in France,\nselling American surplus goods, in the county of Pas-de-Calais. At the time,\nthe \u201cStock Am\u00e9ricain\u201d stores offer all manner of materials, directly to\nprivate individuals, to build and improve their homes. In the natural course\nof family affairs, Adolphe hands over the reins to his son, also named Adolphe\nLeroy, and his daughter-in-law, Rose Merlin.\n\n### Inventing a model\n\nThe company flourishes throughout the region in the north of France. Adolphe\nand Rose launch mail order sales and publish their first catalogue presenting\nthe products and enabling them to achieve half their revenues. The business\nexperiences a period of prosperity and continues to create jobs, becoming an\nexample for all. From this point on, Adolphe Leroy emerges as a key player in\nthe life of the town of Noeux-les-Mines. The company employs around fifty\npeople and is running at full throttle.\n\n### Rebuilding the company\n\nDuring World War II, the company maintains a minimum activity building\nchalets. Like the rest of the country at this time, the company is surviving\nas though on hold. Upon liberation, in September 1944, Adolphe finds himself\nin a similar situation to that of his father in 1919 and must rebuild. It\u2019s\nthe start of the \u2018Glorious Thirty\u2019 (1945-1975) and Adolphe Leroy is determined\nto help rebuild the country. He acquires new goods and opens three new stores.\nHe now sells complete homes: the company is off to a new start.\n\n### Developing the business\n\nIn the early 1950\u2019s, the products, mostly paint, are marketed under the\ncompany\u2019s brand name \u201cStock Am\u00e9ricain\u201d. This option, quite original for its\ntime, confirms the distinctiveness of a name. Following on from this, the\ncompany functions in two ways in terms of procurement: the purchase of goods\nby batch, the method favoured by Adolphe, but also through a range of\npermanent, own-brand goods. In 1958, our companies begin their national\nexpansion by opening stores in Longueau, in Bruay la Buissi\u00e8re and in\nMerlimont.\n\n### Transforming the model\n\nWith the baby-boom, France needs more housing. The first supermarkets open,\nretail is changing. It\u2019s a time of pleasure and leisure: consumerism explodes.\nA new era, a new name! The sons of Adolphe and Rose rename the company and the\nLeroy Merlin brand is born. Kitchenware, DIY, household appliances, home\ngoods: Leroy Merlin sells \u201ceverything under the same roof\u201d and launches a new\nconcept: the self-service. It continues to focus on price, choice and service.\nTo broaden its customer-base to include families, the retail brand launches\nits first slogan: \n\u201cL\u2019Enchanteur Leroy Merlin\u201d (Leroy Merlin the Enchanter)\n\n### Opening up to new horizons\n\nLeroy Merlin is tremendously popular. Each store opening is a veritable event\nfor the population. But as times gradually change at the end of the \u201cGlorious\nThirty\u201d, societal problems emerge in the country and the Leroy brothers seek a\nnew partner. \nIn 1979, AFM (Association Familiale Mulliez) buys into the company\u2019s capital\nfor 50% before its total acquisition in 1980\n\n### Sharing a culture\n\nIt\u2019s a time of globalisation, Leroy Merlin adapts and simplifies its ranges,\nand focuses on DIY, home improvement and decorating for all. \nIt is also a time of sharing. \nHaving introduced profit sharing and the progress bonus, employees become\ncompany shareholders in 1986 with Valaction, to become Valadeo in 2007. They\nparticipate in and share its benefits (Ownership) and in particular they share\ntogether the Will, the Knowledge and the Ability. \nSharing becomes a genuine company culture.\n\n### Committing to a common future\n\nNow well established on the decorating and home improvement market, Leroy\nMerlin is the first company to launch an unprecedented initiative: Vision.\nEmployees are invited to imagine the future of the company in 10 years, a co-\nconstruction dynamic and a new participatory management style are established.\nThe stores reinvent themselves, customer-listening is introduced and new\nservices emerge: goods pick-up, telephone assistance, the \u2018Carte Maison\u2019\nloyalty card. \nAt the same time, Leroy Merlin becomes a federation of independent companies\nand embarks upon its international development with the opening, in 1989, of\nan initial store in Spain and the acquisition of the Belgian retail brand\nBricoman.\n\n### Offering our solutions to all\n\nThe Leroy Merlin Group continues its expansion by opening stores in Russia,\nBrazil, Spain, Italy, Poland, Portugal, Greece and China. \nIn 2004, Obramat in Spain, Bricocenter in Italy, Aki in Spain and Portugal and\nWeldom in France all join the Group. In 2007, the Leroy Merlin Group becomes\nADEO, which means \u201cmoving towards\u201d in Latin, to better reflect the diversity\nof its activities and its ambition. ADEO still continues to grow through the\nacquisition of 60 Castorama stores in Italy.\n\n### Moving towards omnichannel\n\nIn a society where social networks and e-commerce are soaring, becoming\naccessible and demonstrating real usefulness, ADEO resolutely decides to\ntransform itself into a omnichannel and collaborative group. From \u201ceverything\nunder the same roof\u201d to \u201ceverything under the same finger\u201d, the new nascent\nmodel combines physical and digital formats. \nIn 2017, as the no.1 player in Europe and no.3 on the international stage,\nADEO pursues its new course and opens up to its ecosystems to build the\nWorldwide Platform for a Positive Home \u201cUseful to ourselves, to others and to\nthe world\u201d and offers comprehensive solutions to inhabitants, from the product\nto its installation.\n\n### Reinventing itself faced with the world's challenges\n\nImproving the place we live is an extraordinary mission. ADEO\u2019s desire is to\nact with responsibility, by contributing to a better human, economic and\nenvironmental balance, by being USEFUL to inhabitants around the world. ADEO\nis committed to homes, neighbourhoods, cities, a Planet, that are more\nrespectful and better-suited to the needs of inhabitants. This home, in order\nto be useful to the world, must be positive, which means more frugal in energy\nand water, healthier, with products from sustainable resources and\nmanufactured in respect of people in an environmentally friendly manner. The\ninclusion of the positive dimension in all the company\u2019s actions is embodied\nby the \u201cWe Make It Positive\" initiative, which involves the entire ADEO\necosystem (employees, customers, suppliers, partners, associations, etc.) on\nthe path to more sustainable solutions.\n\n[ ADEO ](https://www.adeo.com/en/)\n\nen\n\n * [ fr ](https://www.adeo.com/ \"Fran\u00e7ais \\(French\\)\")\n * [ it ](https://www.adeo.com/it/ \"Italiano \\(Italian\\)\")\n * [ es ](https://www.adeo.com/es/ \"Espa\u00f1ol \\(Spanish\\)\")\n * [ pt ](https://www.adeo.com/pt-pt/ \"Portugu\u00eas \\(Portuguese \\(Portugal\\)\\)\")\n * [ br ](https://www.adeo.com/pt-br/ \"Portugu\u00eas \\(Portuguese \\(Brazil\\)\\)\")\n * [ el ](https://www.adeo.com/el/ \"\u0395\u03bb\u03bb\u03b7\u03bd\u03b9\u03ba\u03ac \\(Greek\\)\")\n * [ pl ](https://www.adeo.com/pl/ \"Polski \\(Polish\\)\")\n * [ ro ](https://www.adeo.com/ro/ \"Rom\u00e2n\u0103 \\(Romanian\\)\")\n * [ uk ](https://www.adeo.com/uk/ \"\u0423\u043a\u0440\u0430\u0457\u043d\u0441\u044c\u043a\u0430 \\(Ukrainian\\)\")\n\n * [ **Need** a contact ](https://www.adeo.com/en/need-a-contact/)\n\n * [ We ](https://www.adeo.com/en/we/)\n * [ Make ](https://www.adeo.com/en/make/)\n * [ Home ](https://www.adeo.com/en/home/)\n * [ A positive place ](https://www.adeo.com/en/a-positive-place/)\n * [ To live ](https://www.adeo.com/en/to-live/)\n\n * [ Acting together ](https://www.adeo.com/en/acting-together/)\n * [ The ADEO collective ](https://www.adeo.com/en/the-adeo-collective/)\n * [ ADEO in the world ](https://www.adeo.com/en/adeo-in-the-world/)\n * [ Ethical Commitments ](https://www.adeo.com/en/ethical-commitments/)\n * [ Press area ](https://www.adeo.com/en/press-area/)\n * [ ADEO on LinkedIn ](https://www.linkedin.com/company/groupe-adeo/)\n * [ Linkedin ](https://www.linkedin.com/company/groupe-adeo/)\n\n * [ Legal Notices ](https://www.adeo.com/en/legal-notices/)\n * [ Cookies Policy ](https://www.adeo.com/en/cookies-policy/)\n * [ Data Privacy Policy ](https://www.adeo.com/en/data-privacy-policy/)\n * Cookie Settings \n * [ Accessibility statement ](https://www.adeo.com/en/accessibility-statement/)\n\n",
"url": "https://www.adeo.com/en/"
},
"reason": "This is the official website of Adeo, a major player in the DIY market which owns Brico. It is a reliable source for information about the company and its activities.",
"reliability_score": 1.0,
"search_query": "company 'Brico' waste management water consumption",
"summary": "Official website of Adeo, owner of Brico.",
"url": "https://www.adeo.com/en/"
},
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"source": "https://www.signify.com/global/case-studies/praxis-brico-stores"
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"page_content": "Be the first! Get the latest news and updates\n\n[ subscribe to our newsletter!\n](https://pages.information.signify.com//multi-\nnewsletter.html?l=global_en&cid=701QB00000GmpGj&uid=nl-sig-newsletter-\nglobal&brand=SIG \"subscribe to our newsletter!\")\n\nSuggestions\n\n##\n\nLight as a Service provides a better shopping experience\n\n[ Download this case study\n](https://www.assets.signify.com/is/content/PhilipsLighting/Assets/signify/global/20200807-praxis-\nbrico-stores-case-study.pdf \"Download this case study\")\n\n### ** Praxis and Brico stores, The Netherlands and Belgium **\n\nOur Circular Lighting solution helped Praxis and Brico stores across Europe\ntake a step towards their sustainability goals.\n\n[ Download this case study\n](https://www.assets.signify.com/is/content/PhilipsLighting/Assets/signify/global/20200807-praxis-\nbrico-stores-case-study.pdf)\n\n###\n\n\"We only pay for a service contract for all our stores. This includes the\nentire conversion of all our stores, specifically the removal and recycling of\nold lighting and the installation of new LED luminaires. The maintenance of\nthe lighting is also easier. In the event of a problem or defect, one email is\nenough to have it solved.\"\n\n\\- Henk Schurink, Construction and Shop Design Manager, Praxis\n\n### Customer Challenge\n\n \nPraxis and Brico, daughters of the parent organization Maxeda DIY Group,\nwanted to equip their branches with energy-efficient LED lighting. The aim was\nto enhance the range and to save costs. Light as a Service was chosen for more\nthan 120 branches, with each only paying the all-in monthly service amount and\nthe energy costs \u2013 no bills for installation and maintenance.\n\n### Wecycle Award\n\n\"As one of the largest players in the Dutch retail market, it's important to\nmake our stores sustainable. We followed developments in energy-efficient\nlighting closely and our store lighting is completely up to date again\" said\nFrank Pruijn of Praxis. Over 800 metal halide lamps and 50,000 fluorescent\ntubes and luminaires were replaced by LED lighting. Wecycle, who is\nresponsible for the collection and recycling of waste electrical appliances,\nawarded Praxis with a Gouden Bakkie Award for this project.\n\n[ Download this case study\n](https://www.assets.signify.com/is/content/PhilipsLighting/Assets/signify/global/20200807-praxis-\nbrico-stores-case-study.pdf)\n\n###\n\nSolution\n\n\"With this solution, Praxis and Brico go the extra mile in the sustainability\ndepartment as some of the pendant luminaires were specially designed and made\nfor them digitally. They are also fully recyclable, ensuring a low CO2\nfootprint during manufacturing and transportation. All of this has led to\nenergy savings of 70% and no investment costs. In addition, Maxeda handed in\nthe old luminaires to Wecycle for all 120 branches, so that they could be\ncorrectly recycled \u2013 a move which won them the Gouden Bakkie Award.\"\n\n###\n\nCase Studies\n\n * Solar Streelighting at Falcon City of Wonders, Dubai \n\nSignify \u2018s vertically integrated solar street lighting helps falcon city of\nwonders to significantly contribute towards the project sustainability goals.\n\n[ Read more ](https://www.signify.com/global/case-studies/falcon-city-solar-\nproject)\n\n * Bratislava smart lighting \n\nNew advanced LED street lighting technology from Signify will significantly\nreduce Bratislava's carbon footprint by 672 tons of CO2 per year.\n\n[ Read more ](https://www.signify.com/global/case-studies/bratislava)\n\n * IWG Battersea London \n\nNatureConnect by Signify helped IWG to create spaces with the sense of\nsunlight and a blue sky to experience daylight in the windowless rooms.\n\n[ Read more ](https://www.signify.com/global/case-studies/iwg-battersea-\nlondon)\n\n__\n\n__\n\n##\n\nWhat can Light as a Service do for your business?\n\n[ Contact us ](https://www.signify.com/global/contact \"Contact us\")\n\n * [ Our company ](https://www.signify.com/global/our-company)\n * [ News ](https://www.signify.com/global/our-company/news)\n * [ Our offers ](https://www.signify.com/global/our-offers)\n * [ Brands ](https://www.signify.com/global/brands)\n * [ Innovation ](https://www.signify.com/global/innovation)\n * [ Sustainability ](https://www.signify.com/global/sustainability)\n * [ Careers ](https://www.careers.signify.com)\n * [ For suppliers ](https://www.signify.com/global/contact/suppliers)\n * [ Contact ](https://www.signify.com/global/contact)\n\n**Country**\n\n[ __ ](https://www.linkedin.com/company/signifycompany/)\n\n[ __ ](https://www.youtube.com/c/SignifyCompany)\n\n\u00a92018-2025 Signify Holding. All rights reserved.\n\n * [ Site owner ](https://www.signify.com/global/site-owner)\n * [ Cookies notice ](https://www.signify.com/global/legal/privacy/legal-information/cookies-notice)\n * [ Privacy notice ](https://www.signify.com/global/legal/privacy/legal-information/privacy-notice)\n * [ Legal ](https://www.signify.com/global/legal)\n * [ Product compliance ](https://www.signify.com/global/sustainability/compliance)\n * [ Product security ](https://www.signify.com/global/security-and-privacy-statement-for-connected-products)\n\n",
"url": "https://www.signify.com/global/case-studies/praxis-brico-stores"
},
"reason": "This is a case study from Signify about their work with Praxis and Brico stores. It explicitly mentions Brico and provides factual information about the project. Signify is a reputable company, increasing the reliability score.",
"reliability_score": 0.9,
"search_query": "company 'Brico' energy efficiency",
"summary": "Case study of Signify's work with Praxis and Brico stores.",
"url": "https://www.signify.com/global/case-studies/praxis-brico-stores"
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"source": "https://www.kingfisher.com/media/news/2022/brico-depot-becomes-the-first-diy-brand-in-france-to-finance-ene"
},
"page_content": "skip to main content\n\n * [ Link to Home page ](/)\n * [ Link to Media page ](/media)\n * [ Link to News page ](/media/news)\n * [ Link to ](/media/news/2022/brico-depot-becomes-the-first-diy-brand-in-france-to-finance-ene) Brico D\u00e9p\u00f4t becomes the first DIY brand in France to finance energy audit for customers \n\n# Brico D\u00e9p\u00f4t becomes the first DIY brand in France to finance energy audit\nfor customers\n\n20221018T090000Z\n\nAs a low-cost brand, for nearly 30 years Brico D\u00e9p\u00f4t has been committed to\noffering its customers quality products at the best price and in construction\nsite quantity. While cost-of-living continues to rise, Brico D\u00e9p\u00f4t has gone\nfurther so that people in France can continue their home improvement project\nand will offer to finance the energy audit of its customers.\n\n**First DIY brand to finance the energy audit**\n\nAn essential diagnostic tool, carried out by a qualified professional, the\nenergy audit provides recommendations for ways to significantly improve the\nenergy efficiency of a home. From 1 April 2023, this audit becomes mandatory\nin the event of the sale of a home whose energy performance diagnosis (DPE) is\nclass F or G. [1] **To help, Brico D\u00e9p\u00f4t will finance 100%** of **it for its\nloyalty card holder customers** as soon as **** [2] ** ** they carry out\nenergy renovation work with Ynergie, partner of the brand and delegate CEE.\n[3]\n\nBrico Depot is the first DIY retailer in France to offer this service, with\ncustomers able to access the financing offer from 24 th October up to 31 st\nJanuary 2023. As part of the work carried out with Ynergie, the customer will\nbenefit from support throughout their project, from initial advice to the\nagreement of work, including financing, calculation of aid (the audit being\neligible for _Ma Prime R\u00e9nov')_ and management or control of expenses.\n\n_\"We have noticed that many of our customers are often hesitant to embark on a\nproject due to lack of knowledge, assistance or advice. With Ynergie, we\nbelieve this service is a real facilitator. Simplicity, quality and\naccessibility are part of our DNA, and by financing the energy audit, we aim\nto make the energy renovation of a home a simple, human and efficient\nexperience,\"_ says Peggy Sadier, Director of E-Commerce and Customer\nExperience at Brico D\u00e9p\u00f4t.\n\nThe full financing of the energy audit is part of a range of initiatives\nalready deployed by Brico D\u00e9p\u00f4t to help customers make their homes more energy\nefficiency. The brand has always offered products that help its customers to\nsave energy, including insulation, however, in anticipation of the rising cost\nof energy, the brand expanded its range of energy efficiency products,\nincluding glass wool insulation, wood stoves pellets and windows. These\nproducts will help people in France in make a double saving:\n\n * At checkout: with low prices. \n * Investment: with products that save energy \n\n**Brico D\u00e9p\u00f4t, helping people in France through the cost-of-living crisis**\n\nThe current rise in the cost-of-living makes Brico Depot's support even more\nimportant based on **the strength of a proven model** : essential products at\nlow prices and in \"site\" quantity without compromising on quality, exclusive\nown brands and a commercial dynamic including arrivals. Today, the brand is\naccelerating the modernisation of its customer experience, by capitalising on\nexpert and committed teams, both at headquarters and in the warehouse.\n\n_\"I am convinced that during economically challenging times, such as the one\nwe are currently experiencing, our position as a discounter can make an even\nbigger difference to our customers. For Brico D\u00e9p\u00f4t, guaranteeing competitive\nprices is not just a slogan, it is above all promise made by us to our\ncustomers. And we are determined to keep our promise by launching initiatives\nsuch as financing the energy audit or reimbursing twice the difference if our\ncustomers find a product cheaper elsewhere,\"_ adds Laurent Vittoz, Brand\nDirector of Brico D\u00e9p\u00f4t.\n\n**ENDS**\n\n[1] Depending on income, the energy audit can cost up to \u20ac600\n\n[2] The Brico D\u00e9p\u00f4t loyalty card is free\n\n[3] Energy savings certificates\n\nBrico D\u00e9p\u00f4t is a DIY brand with 123 depots in France . Nearly 9,000 passionate\ncolleagues accompany individuals and professionals who are looking for a\nsimple and effective experience with quality, competitive prices and products\nin \"construction site\" quantity.\n\nBrico Depot is part of the Kingfisher Group, an international home improvement\ncompany, with over 1,500 stores in 8 countries in Europe. Its main brands are\nB&Q, Castorama, Brico D\u00e9p\u00f4t and Screwfix.\n\n[ http://www.bricodepot.fr ](http://www.bricodepot.fr/ \"Opens in new window\")\n\n### Latest news\n\n[ View all ](/media/news)\n\n{{ item.date }}\n\n{{ item.title }}\n\nRead more __\n\nNo Results found\n\nCompany number 01664812\n\nRegistered in England, \n1 Paddington Square, \nLondon W2 1GG\n\nQuick links\n\n * [ About ](/about-us)\n * [ Our banners & brands ](/our-banners-and-brands)\n * [ Investors ](/investors)\n * [ Media ](/media)\n * [ Responsible Business ](/responsible-business)\n * [ Annual Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2025/Kingfisher-Annual-Report-2024-25.pdf \"PDF, 10.0MB opens in a new window\")\n * [ Responsible Business Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2024/kingfisher-responsible-business-report-2023-24-pdf.pdf \"PDF, 131.54 KB opens in a new window\")\n\nSign up for news & alerts\n\nBe first to know about our newest products, limited-time offers, community\nevents, and more.\n\n[ Sign up ](/investors/regulatory-news#tab-email-alerts)\n\nContact us\n\n[ Get in touch ](/contact-us)\n\nConnect with us\n\n[ __ ](https://www.linkedin.com/company/kingfisher/ \"LinkedIn \u2013 link to\nwebsite \\(opens in a new window\\)\") [ __\n](https://twitter.com/kingfisherplc?lang=en \"X \u2013 link to website \\(opens in a\nnew window\\)\")\n\n\u00a9 Kingfisher plc\n\n * [ Privacy Policy ](/privacy-policy)\n * [ Cookie Settings ](javascript:; \"Cookie Settings\")\n * [ Responsible Disclosure ](/responsible-disclosure)\n * [ Sitemap ](/sitemap)\n * [ Cookie Policy ](/cookie-policy)\n * [ Modern Slavery Statement ](/~/media/Files/K/Kingfisher-Plc/Universal/documents/footer/kingfisher-modern-slavery-act-statement-2023-24.pdf \"PDF, 150.54 KB opens in a new window\")\n * [ Accessibility ](/accessibility)\n\n[ Back to top ](javascript:; \"Top of page\")\n\n",
"url": "https://www.kingfisher.com/media/news/2022/brico-depot-becomes-the-first-diy-brand-in-france-to-finance-ene"
},
"reason": "This is an official press release from Kingfisher, explicitly mentioning Brico Depot. As an official source, it is considered extremely reliable.",
"reliability_score": 1.0,
"search_query": "company 'Brico' energy efficiency",
"summary": "Brico Depot becomes the first DIY brand in France to finance energy renovations.",
"url": "https://www.kingfisher.com/media/news/2022/brico-depot-becomes-the-first-diy-brand-in-france-to-finance-ene"
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"source": "https://www.productflow.com/sell-on-brico"
},
"page_content": "# Sell on Brico\n\nOrders integration\n\nOffers integration\n\nImprove your visibility and offer your products in no time on the popular\nBelgian Do-It-Yourself marketplace Brico. With ProductFlow you can achieve\nthis super easily and you will therefore benefit from the benefits very\nquickly. Read more on this page.\n\n[ Watch demo ](https://www.productflow.com/schedule-a-free-productflow-\ndemo?hsLang=en \"Button Watch demo\")\n\nAbout Brico\n\n### An established name\n\nBrico is a Belgian company that focuses on DIY products and building\nmaterials. The company was founded in 1973 and has more than 140 stores across\nBelgium and Luxembourg. \n \nBrico offers a wide range of products, including tools, paint, building\nmaterials, garden items and household products. In addition to the physical\nstores, Brico also offers an online store where customers can shop and have\ntheir products delivered or picked up at the store. \n \nBrico's mission is to help customers realize their projects and therefore also\noffers various services, such as tool rental, installation and assembly of\nproducts and home delivery of heavy and large items. \n \nBrico strives to be customer-oriented and therefore also offers a loyalty\nprogram where customers can save for discounts and other benefits. Brico is\nalso involved in sustainability initiatives and offers, for example,\nsustainable products and has taken measures to save energy and reduce waste.\n\n### Selling on the Brico marketplace\n\nFor some time now it has been possible for e-commerce sellers to offer their\nproducts on the Brico marketplace. This offers an excellent opportunity to\nincrease your reach and turnover by offering your assortment to Brico's\ncustomers. \n \nWith ProductFlow this is also super easy. You can easily list your products on\nthe Brico platform and benefit from the brand's reputation and reach. \n \nIf you already use ProductFlow, simply click on the fact that you also want to\noffer products on Brico. Not yet a ProductFlow user? Then, when uploading your\nproducts, you can immediately choose to offer the products (without additional\nuploads) on, for example, bol.com or Amazon. \n \nTo meet Brico's quality standards and expectations, resellers must meet\ncertain requirements and criteria. This includes offering competitive prices,\ngood quality products and service, and complying with Brico's rules and\nguidelines.\n\n## The best way to sell your products on Brico\n\nInterested in offering your products on Brico? ProductFlow is the best choice!\nWe are happy to show you in a completely non-binding demo.\n\n[ Watch demo ](https://www.productflow.com/schedule-a-free-productflow-\ndemo?hsLang=en \"Button Watch demo\")\n\nStay informed of all interesting developments in the e-commerce industry and\nthe ProductFlow platform via LinkedIn.\n\n[ ](https://www.linkedin.com/company/productflow)\n\nIntegrations\n\n[ Marketplaces ](https://www.productflow.com/marketplaces?hsLang=en)\n\n[ Webshops ](https://www.productflow.com/webshops?hsLang=en)\n\n[ Integrations ](https://www.productflow.com/integrations?hsLang=en)\n\nMore information\n\n[ About us ](https://www.productflow.com/about-us?hsLang=en)\n\n[ Working at ](https://www.productflow.com/working-at?hsLang=en)\n\n[ Partners ](https://www.productflow.com/partners?hsLang=en)\n\nFunctionalities\n\n[ Integrator ](https://www.productflow.com/integrator?hsLang=en)\n\n[ PIM System ](https://www.productflow.com/pim-system?hsLang=en)\n\n[ Basic WMS ](https://www.productflow.com/wms-system?hsLang=en)\n\n[ Repricer ](https://www.productflow.com/repricer?hsLang=en)\n\n[ Datatool ](https://www.productflow.com/datatool?hsLang=en)\n\nGet in touch\n\n[ info@productflow.com ](mailto:info@productflow.com) \n+31 (0)85 3012 283 \n \nVAT number: NL859630961B01 \nChamber of Commerce: 73694592 \n\n\u00a9 2024 Copyright ProductFlow. \nAll rights reserved.\n\n[ Legal ](https://www.productflow.com/legal?hsLang=en)\n\n",
"url": "https://www.productflow.com/sell-on-brico"
},
"reason": "This page explicitly mentions Brico as a marketplace to sell on. While the page is promotional, it provides relevant information about Brico as a sales channel. The reliability is moderate due to the promotional nature.",
"reliability_score": 0.6,
"search_query": "company 'Brico' energy efficiency",
"summary": "Information on selling products on the Brico marketplace.",
"url": "https://www.productflow.com/sell-on-brico"
},
{
"content": {
"metadata": {
"ext_id": "2ed00534-1ad7-43ec-a82c-e24f44d75d70",
"origin": "public",
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"resource_type": "webpage",
"source": "http://www.kingfisher.com/media/news/2020/brico-depot-iberia-launches-scan-and-go-app"
},
"page_content": "skip to main content\n\n * [ Link to Home page ](/)\n * [ Link to Media page ](/media)\n * [ Link to News page ](/media/news)\n * [ Link to ](/media/news/2020/brico-depot-iberia-launches-scan-and-go-app) Brico D\u00e9p\u00f4t Iberia launches \u2018scan and go\u2019 app \n\n# Brico D\u00e9p\u00f4t Iberia launches \u2018scan and go\u2019 app\n\n20201202T100000Z\n\nBrico D\u00e9p\u00f4t Iberia has launched a \u2018scan and go\u2019 app for its customers in Spain\nand Portugal. Called \u2018Brico and Go\u2019, the app can be used in all 31 Brico Depot\nstores in the two countries and provides another convenient \u2013 and safe \u2013 way\nfor customers to shop for their DIY and home improvement needs.\n\nCustomers will be able to place orders by scanning the barcodes of the items\nthey want to buy and pay through the app. They can either place the products\nin a basket or trolley as they scan them and pay on the way out of the store\nvia the app, or use the app to compile and pay for an order, which is then\npicked by a Brico D\u00e9p\u00f4t store colleague and brought to the customer within 30\nminutes.\n\nThey will also be able to check product prices, offers and stock levels;\naccess previous purchase history to enable simple repeat ordering of\nfrequently used items; and, for professional customers, store invoices for\naccounting purposes.\n\nThe new app complements existing services available to Brico Depot customers\nin Spain and Portugal, such as Click & Collect and Click & Delivery.\n\n[ https://www.bricodepot.es/brico-go ](https://www.bricodepot.es/brico-go\n\"Opens in a new window\")\n\n### Latest news\n\n[ View all ](/media/news)\n\n{{ item.date }}\n\n{{ item.title }}\n\nRead more __\n\nNo Results found\n\nCompany number 01664812\n\nRegistered in England, \n1 Paddington Square, \nLondon W2 1GG\n\nQuick links\n\n * [ About ](/about-us)\n * [ Our banners & brands ](/our-banners-and-brands)\n * [ Investors ](/investors)\n * [ Media ](/media)\n * [ Responsible Business ](/responsible-business)\n * [ Annual Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2025/Kingfisher-Annual-Report-2024-25.pdf \"PDF, 10.0MB opens in a new window\")\n * [ Responsible Business Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2024/kingfisher-responsible-business-report-2023-24-pdf.pdf \"PDF, 131.54 KB opens in a new window\")\n\nSign up for news & alerts\n\nBe first to know about our newest products, limited-time offers, community\nevents, and more.\n\n[ Sign up ](/investors/regulatory-news#tab-email-alerts)\n\nContact us\n\n[ Get in touch ](/contact-us)\n\nConnect with us\n\n[ __ ](https://www.linkedin.com/company/kingfisher/ \"LinkedIn \u2013 link to\nwebsite \\(opens in a new window\\)\") [ __\n](https://twitter.com/kingfisherplc?lang=en \"X \u2013 link to website \\(opens in a\nnew window\\)\")\n\n\u00a9 Kingfisher plc\n\n * [ Privacy Policy ](/privacy-policy)\n * [ Cookie Settings ](javascript:; \"Cookie Settings\")\n * [ Responsible Disclosure ](/responsible-disclosure)\n * [ Sitemap ](/sitemap)\n * [ Cookie Policy ](/cookie-policy)\n * [ Modern Slavery Statement ](/~/media/Files/K/Kingfisher-Plc/Universal/documents/footer/kingfisher-modern-slavery-act-statement-2023-24.pdf \"PDF, 150.54 KB opens in a new window\")\n * [ Accessibility ](/accessibility)\n\n[ Back to top ](javascript:; \"Top of page\")\n\n",
"url": "http://www.kingfisher.com/media/news/2020/brico-depot-iberia-launches-scan-and-go-app"
},
"reason": "This is an official press release from Kingfisher about Brico Depot Iberia. Being an official source, it is considered extremely reliable.",
"reliability_score": 1.0,
"search_query": "company 'Brico' energy efficiency",
"summary": "Brico Depot Iberia launches scan and go app.",
"url": "http://www.kingfisher.com/media/news/2020/brico-depot-iberia-launches-scan-and-go-app"
},
{
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"source": "https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/"
},
"page_content": "[ ](https://eficia.com/en/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\n[ Demandez un RDV ]()\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\n[ ](https://eficia.com/en/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\n[ Demandez un RDV ]()\n\n[ Se connecter ](https://app.eficia.com/)\n\n[ ](https://eficia.com/en/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\nBook an appointment\n\n[ Login ](https://app.eficia.com/)\n\nBook an appointment\n\n[ ](https://eficia.com/en/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\n * * [ ](https://eficia.com/kingfisher-france-fait-confiance-a-eficia-pour-reduire-la-consommation-energetique-de-ses-enseignes/)\n * [ ](https://eficia.com/it/kingfisher-france-sceglie-eficia-per-ridurre-il-consumo-di-energia-nei-suoi-punti-vendita/)\n\nBook an appointment\n\n# Kingfisher France chooses EFICIA to reduce energy consumption in its stores\n\n[ Home ](https://eficia.com/en/) [ Clients\n](https://eficia.com/en/category/clients/) Kingfisher France chooses EFICIA to\nreduce energy consumption in its stores\n\n13 September 2023 by [ EFICIA ](https://eficia.com/en/author/manal/) [\nClients ](https://eficia.com/en/category/clients/) , [ Market\n](https://eficia.com/en/category/market/) , [ Press\n](https://eficia.com/en/category/press/) , [ Uncategorized\n](https://eficia.com/en/category/uncategorized/)\n\nKINGFISHER France, which brings together the Castorama and Brico D\u00e9p\u00f4t DIY and\nhome improvement banners, has been calling on EFICIA, a Frenchtech expert in\nenergy management for tertiary buildings, for over 5 years to support it in\nits objectives to reduce its energy consumption and, more globally, its carbon\nfootprint. Since 2017, EFICIA has been piloting the energy consumption of all\nstores under the Castorama and Brico D\u00e9p\u00f4t banners, i.e. 215 sites in France.\n\nA user of software to visualize the energy consumption of its stores since\n2010, KINGFISHER France chose ISO 50 001 certification back in 2015 to make a\nlasting commitment to reducing its carbon emissions.\n\nIn 2017, KINGFISHER France accelerated its energy performance approach by\nturning to EFICIA to delegate the energy management of its real estate assets\nin France. The Kingfisher group is committed to reducing its building-related\ncarbon emissions (scope 1 and 2) by 38% by 2025, and to achieving zero net CO2\nemissions by 2040.\n\n**Going even further in reducing its energy consumption and carbon footprint**\n\nSince 2017, an average of 40 stores a year have been equipped by EFICIA with\nits intelligent control solution, which includes not only the physical\ninstallation of control equipment, but also the implementation of a bespoke\nsoftware platform developed by EFICIA for network employees, their awareness-\nraising and training in the tool.\n\nSince 2022, 100% of Castorama and Brico D\u00e9p\u00f4t stores have been equipped,\nmanaged and controlled by EFICIA. The implementation of this property\nperformance policy has directly contributed to the renewal of KINGFISHER\nFrance\u2019s ISO 50001 certification twice in the last six years.\n\nThanks to control systems and the associated \u201cenergy intelligence services\u201d,\nEFICIA and KINGFISHER France have been able to identify the most energy-\nintensive uses of energy, correct any deviations and rapidly and sustainably\nimprove the energy performance of lighting, heating and air conditioning in\nstores. To go further, EFICIA and KINGFISHER France were able to determine the\ninvestments needed to improve energy consumption by implementing the right\nreduction levers, such as LED relamping and lowering heating by two degrees in\nits stores.\n\n\u201c _EFICIA has been supporting us for over 5 years in our daily commitment to\nimproving our energy consumption. With their team, we were able to anticipate\nthe BACS Decree and the obligations of the Tertiary Decree. Thanks to the\nvarious levers deployed, we are proud to be able to say today that we have\nalready reduced our energy consumption in our stores by 40% since 2010,_ \u201d\nsays Sandrine Lef\u00e8bvre, CSR Manager at Immobili\u00e8re KINGFISHER France. \u201c.\n\nEFICIA is a true expert partner, with whom we work hand in hand to achieve our\nenergy reduction targets together, without waiting for a law or decree to\nforce us to do so. We\u2019re well on the way to meeting this challenge, having\nalready reduced our carbon footprint by 29% by 2022 compared with 2016,\u201d she\ncontinues.\n\n**International collaboration**\n\nWith the collaboration in France a success, the KINGFISHER Group wanted to\nextend it internationally by equipping its Spanish and Portuguese banners.\n\n\u201c _When we have solutions that work, we deploy them within the group. As\nEFICIA is present in Spain and Portugal, it was natural for us to introduce\nthem to our counterparts in these countries, so that they too could benefit\nfrom our partner\u2019s energy expertise_ ,\u201d explains Sandrine Lef\u00e8bvre.\n\n**KINGFISHER & EFICIA\u2019s outlook: always anticipating and innovating! **\n\nBoth players are keen to do more for the environment, and both are aware that\nanother major challenge is on the rise \u2013 that of water. They are therefore\njointly considering the possibility of integrating their water consumption\ndata into the EFICIA platform. This new functionality will enable KINGFISHER\nFrance to monitor its consumption, optimize it and identify potential leaks in\nits network.\n\n[ Share ](javascript:void\\(0\\))\n\n * [ ](https://www.facebook.com/share.php?u=https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/)\n * [ ](https://twitter.com/intent/tweet?text=Kingfisher%20France%20chooses%20EFICIA%20to%20reduce%20energy%20consumption%20in%20its%20stores&url=https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/)\n * [ ](https://pinterest.com/pin/create/button/?url=https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/&media=https://eficia.com/wp-content/uploads/2023/09/Castorama-et-Eficia.png)\n * [ ](https://www.linkedin.com/shareArticle?mini=true&url=https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/&title=Kingfisher%20France%20chooses%20EFICIA%20to%20reduce%20energy%20consumption%20in%20its%20stores&source=Eficia)\n * [ ](mailto:?subject=Kingfisher+France+chooses+EFICIA+to+reduce+energy+consumption+in+its+stores&body=https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/)\n\n## Related Posts\n\n[ ](https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/)\n\n13 May 2024 [ Market ](https://eficia.com/en/category/market/)\n\n#### [ Avoid the pitfalls of the BACS Decree ](https://eficia.com/en/avoid-\nthe-pitfalls-of-the-bacs-decree/)\n\n[ ](https://eficia.com/en/cultura-entrusts-the-energy-management-of-its-real-\nestate-to-eficia/)\n\n11 October 2023 [ Clients ](https://eficia.com/en/category/clients/) [ Press\n](https://eficia.com/en/category/press/) [ Uncategorized\n](https://eficia.com/en/category/uncategorized/)\n\n#### [ Cultura entrusts the energy management of its real estate to EFICIA\n](https://eficia.com/en/cultura-entrusts-the-energy-management-of-its-real-\nestate-to-eficia/)\n\n[ ](https://eficia.com/en/climate-change-is-already-impacting-your-wallet/)\n\n5 October 2023 [ Market ](https://eficia.com/en/category/market/)\n\n#### [ Climate change is already impacting your wallet\n](https://eficia.com/en/climate-change-is-already-impacting-your-wallet/)\n\n[ Prev ](https://eficia.com/en/charging-the-future-new-paths-for-electric-\nmobility/)\n\n[ ](javascript:history.back\\(\\))\n\n[ Next ](https://eficia.com/en/climate-change-is-already-impacting-your-\nwallet/)\n\n#### About\n\nEficia is a young company specializing in the energy management of buildings\ncreated in 2013.\n\n[ Linkedin-in __ ](https://www.linkedin.com/company/eficia-\nfrance/posts/?feedView=all&viewAsMember=true)\n\n#### Contact\n\n7 rue Mariotte \n75017 Paris, France\n\nPhone : [ +(33) 9 67 78 38 07 ](tel:+33967783807)\n\nMail : [ contact@eficia.com ](mailto:contact@eficia.com)\n\n#### Menu\n\n#### Last news\n\n13 May 2024\n\n[ Avoid the pitfalls of the BACS Decree ](https://eficia.com/en/avoid-the-\npitfalls-of-the-bacs-decree/)\n\n[ Read more ](https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/)\n\n[ Share ](javascript:void\\(0\\))\n\n * [ ](https://www.facebook.com/share.php?u=https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/)\n * [ ](https://twitter.com/intent/tweet?text=Avoid%20the%20pitfalls%20of%20the%20BACS%20Decree&url=https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/)\n * [ ](https://pinterest.com/pin/create/button/?url=https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/&media=https://eficia.com/wp-content/uploads/2024/05/BACS-pieges.png)\n * [ ](https://www.linkedin.com/shareArticle?mini=true&url=https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/&title=Avoid%20the%20pitfalls%20of%20the%20BACS%20Decree&source=Eficia)\n * [ ](mailto:?subject=Avoid+the+pitfalls+of+the+BACS+Decree&body=https://eficia.com/en/avoid-the-pitfalls-of-the-bacs-decree/)\n\n11 October 2023\n\n[ Cultura entrusts the energy management of its real estate to EFICIA\n](https://eficia.com/en/cultura-entrusts-the-energy-management-of-its-real-\nestate-to-eficia/)\n\n[ Read more ](https://eficia.com/en/cultura-entrusts-the-energy-management-of-\nits-real-estate-to-eficia/)\n\n[ Share ](javascript:void\\(0\\))\n\n * [ ](https://www.facebook.com/share.php?u=https://eficia.com/en/cultura-entrusts-the-energy-management-of-its-real-estate-to-eficia/)\n * [ 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wallet\n](https://eficia.com/en/climate-change-is-already-impacting-your-wallet/)\n\n[ Read more ](https://eficia.com/en/climate-change-is-already-impacting-your-\nwallet/)\n\n[ Share ](javascript:void\\(0\\))\n\n * [ ](https://www.facebook.com/share.php?u=https://eficia.com/en/climate-change-is-already-impacting-your-wallet/)\n * [ ](https://twitter.com/intent/tweet?text=Climate%20change%20is%20already%20impacting%20your%20wallet&url=https://eficia.com/en/climate-change-is-already-impacting-your-wallet/)\n * [ ](https://pinterest.com/pin/create/button/?url=https://eficia.com/en/climate-change-is-already-impacting-your-wallet/&media=https://eficia.com/wp-content/uploads/2023/10/Capture-decran-2023-10-05-a-16.58.40.png)\n * [ ](https://www.linkedin.com/shareArticle?mini=true&url=https://eficia.com/en/climate-change-is-already-impacting-your-wallet/&title=Climate%20change%20is%20already%20impacting%20your%20wallet&source=Eficia)\n * [ ](mailto:?subject=Climate+change+is+already+impacting+your+wallet&body=https://eficia.com/en/climate-change-is-already-impacting-your-wallet/)\n\n\u00a9 2022 \u2014 Eficia. All rights reserved. [ Legal Notice\n](https://eficia.com/en/legal-notice/)\n\n[ Back to top ](javascript:void\\(0\\))\n\n",
"url": "https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/"
},
"reason": "This article explicitly mentions Kingfisher France and its stores, including Brico Depot, choosing Eficia to reduce energy consumption. The information is factual and relevant. The source appears reputable, contributing to a high reliability score.",
"reliability_score": 0.8,
"search_query": "company 'Brico' energy efficiency",
"summary": "Kingfisher France chooses Eficia to reduce energy consumption in its stores.",
"url": "https://eficia.com/en/kingfisher-france-chooses-eficia-to-reduce-energy-consumption-in-its-stores/"
},
{
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"origin": "public",
"resource_location": "web",
"resource_type": "webpage",
"source": "https://www.decadastudio.com/en/2023/03/27/brico-depot-launches-its-marketplace/"
},
"page_content": "Skip to content\n\n[ Instagram ](https://www.instagram.com/decada.studio/) [ Linkedin\n](https://www.linkedin.com/company/decada-studio/) [ Facebook\n](https://www.facebook.com/DecadaStudioAgencia)\n\n * [ +34 633 44 81 17 ](tel:633448117)\n * [ [email protected] ](/cdn-cgi/l/email-protection#1f767179705f7b7a7c7e7b7e6c6b6a7b7670317c7072)\n\nMenu\n\n[ ](https://www.decadastudio.com/en/)\n\n[ ](https://www.decadastudio.com/en/)\n\nMenu\n\n# Brico Dep\u00f4t launches its marketplace\n\n**Brico Dep\u00f4t** , a specialist in construction, renovations and DIY with 31\nstores open between Spain and Portugal, forming part of the Kingfisher group,\nhas launched a new marketplace with the lowest commission on the market. This\nis due to its great commitment to digitization, its business model and its\nfirm leadership in price.\n\n## How does the new Brico Dep\u00f4t marketplace work?\n\nTo start selling on Brico Dep\u00f4t, companies must complete a form available on\nthe platform. Then, a team of professionals will guide you through the process\nof uploading the products and catalogs to the marketplace. Everything will be\nready to go in less than a week, around five business days.\n\nThe marketplace integrated into the company\u2019s ecommerce, will have more than\n20,000 references in the first months with new brands that will be selected by\na team of experts, will complement the company\u2019s own ranges with the quality\nand responsibility that Brico Dep\u00f4t has accustomed us to despite to continue\nsubmerged in an ambiguous and complex context, where it will be key to rely on\nthe new techniques in the sector, the increase in teleworking and the\ncommitment of consumers to invest in energy-saving products.\n\n## Prices at Brico Dep\u00f4t\n\nBrico Dep\u00f4t is known for the low prices they have available to buyers. With\ncertain global events, there is increased pressure on raw material costs,\nespecially in the case of wood coming from China. The Company\u2019s advantage is\nthat 40% of sales are made under its own brand, which allows it to curb this\ncost impact, in addition to having full collaboration with suppliers so that\nthe platform\u2019s value for money is always a reference in the market. It is\nimportant to mention that the sale and shipping will be borne by the companies\nthat offer their products in the marketplace, while Brico Dep\u00f4t will charge a\nfixed monthly fee and an additional cost depending on the type of product in\nquestion.\n\n## What will be the purpose of the new Brico Dep\u00f4t marketplace?\n\nThis new project is committed to becoming the ideal proposal to offer\nconsumers everything they need within the category of products with an\nunbeatable price-quality ratio. The Director Sandra Z\u00e1rate announces that this\nproject is the most ambitious to date, as they are products that the consumer\ndemands every day to be able to have the materials available to create the\nprojects with the best value for money.\n\nAfter the start of the pandemic in 2020, the company managed to implement its\ne-commerce, which in the last period continues to report growth at a rate of\n90%. One of the great achievements was the integration of Click & Delivery\nhome delivery services with the operation of its physical stores and the\nintegrated Click & Collect service that allows store pickup. Going forward, in\naddition to expanding online, they plan to continue opening stores in their\ntraditional format, between 4,000 and 7,000 square meters, and to continue\nseeking alliances to establish collection points.\n\nWith this new marketplace, the chain of stores specializing in decoration, DIY\nand construction materials continues its great digitization process and will\ncontinue to focus on the transformation and evolution of the company towards\nnew horizons. It is expected to contribute 25% of total online sales. In its\nlast financial year, Brico Dep\u00f4t Iberia reached sales of over 400M euros, more\nthan 20% over the previous year, reaching a record for the company in the\nmarket.\n\n## Brico Dep\u00f4t Awards\n\nIn 2016 Brico Dep\u00f4t already won the award for the first distribution company\nto occupy first place, within the category of companies with more than 1,000\nworkers. It has recently received the award for Best Business of the Year in\nthe DIY Category from customers, as well as supporting local employment. The\ncompany has always placed an emphasis on inclusion, whether through external\ncollaboration with organizations or hiring associated workers who work with\npeople with special needs. This recognition consolidates the desire to become\nthe model partner of the consumer.\n\n## Group outlook for the fourth quarter?\n\nB rico Dep\u00f4t\u2019s sales continue to be very strong in all segments. Likewise,\nthe profit behind the new marketplace tools is expected to be around \u00a3750\nmillion.\n\n## At D\u00e9cada Studio we help you expand your business to new market niches.\n\nIf you need information about the marketplace or are interested in boosting\nyour business, we recommend that you start with a team specialized in this\ntype of platform, such as [ D\u00e9cada ](https://www.decadastudio.com/) . Our work\nwith you does not begin with the opening of the marketplace, but much earlier,\nwith market research and the opening of your company.\n\n## \u00daltimos Art\u00edculos\n\n[ ](https://www.decadastudio.com/en/2023/07/19/marketplaces-2-0-artificial-\nintelligence/)\n\n### [ Marketplaces 2.0? The power of Artificial Intelligence\n](https://www.decadastudio.com/en/2023/07/19/marketplaces-2-0-artificial-\nintelligence/)\n\n[ ](https://www.decadastudio.com/en/2023/06/19/here-are-10-tips-for-selling-\non-marketplaces/)\n\n### [ Here are 10 tips for selling on marketplaces:\n](https://www.decadastudio.com/en/2023/06/19/here-are-10-tips-for-selling-on-\nmarketplaces/)\n\n[ ](https://www.decadastudio.com/en/2023/06/19/how-to-create-a-full-funnel-\nstrategy-in-amazon-advertising/)\n\n### [ How to create a Full Funnel strategy in Amazon Advertising\n](https://www.decadastudio.com/en/2023/06/19/how-to-create-a-full-funnel-\nstrategy-in-amazon-advertising/)\n\n### Our awards\n\n##### Best Marketplace Agency at the VII Technology and Innovation Awards by\nLa Raz\u00f3n\n\n##### Newsletter\n\nLeave us your email and you will be the first to find out about our news\n\n##### Help\n\n##### Find us\n\n * **Barcelona (Main Office)** \nC. de Pau Claris, 190, 08037, Barcelona\n\n * **Salamanca** \nFundaci\u00f3n Parque Cient\u00edfico de la Universidad de Salamanca. C/ Adaja 10,\nEdificio M3 \u2013 Ofc. PB 07 37185 Villamayor (Salamanca)\n\n##### Nuestros Partners\n\n[ ](https://www.decadastudio.com/en/)\n\n\u00a9 2024 D\u00e9cada Digital Group.\n\n",
"url": "https://www.decadastudio.com/en/2023/03/27/brico-depot-launches-its-marketplace/"
},
"reason": "This article explicitly mentions Brico Depot and the launch of its marketplace. The information is factual and relevant. The source appears reputable, contributing to a high reliability score.",
"reliability_score": 0.8,
"search_query": "company 'Brico' energy efficiency",
"summary": "Brico Depot launches its marketplace.",
"url": "https://www.decadastudio.com/en/2023/03/27/brico-depot-launches-its-marketplace/"
},
{
"content": {
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"ext_id": "cfb95816-ad18-4f36-a878-418b19bab390",
"origin": "public",
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"resource_type": "webpage",
"source": "https://www.romania-insider.com/altex-buys-brico-depot-romania-kingfisher-december-2024"
},
"page_content": "Skip to main content\n\n[ M&A ](/business/ma)\n\n# Altex acquires Brico D\u00e9p\u00f4t Romania from Kingfisher at EUR 70 mln enterprise\nvalue\n\n18 December 2024\n\n[ Irina Marica ](/user/irinapopescu0)\n\n### Like this article? Share it with your friends!\n\n[ Facebook ](https://www.facebook.com/)\n\n[ Twitter ](https://twitter.com/)\n\n[ Google ](https://plus.google.com/)\n\n[ Pinterest ](https://pinterest.com/)\n\n[ Reddit ](https://www.reddit.com/)\n\n[ Email ](https://mail.google.com)\n\n[ LinkedIn ](https://www.linkedin.com)\n\nKingfisher plc, the international home improvement company, [ announced\n](https://www.kingfisher.com/media/news/2024/kingfisher-announces-sale-of-\nbrico-depot-romania-to-altex-romania) the sale of its Brico D\u00e9p\u00f4t Romania\nbusiness to local electro-IT market leader Altex for an enterprise value of\nEUR 70 million. The deal includes Brico D\u00e9p\u00f4t\u2019s network of 31 stores in 24\ncities, distribution operations, and head office in Bucharest.\n\nThe sale is expected to be completed during the first half of the financial\nyear 2025/26, subject to regulatory approval.\n\n\u201cAltex Romania, the leader in the electro-IT market, is excited to announce\nthe acquisition of the Brico D\u00e9p\u00f4t store network. This marks a significant\nmilestone for all parties involved, and this first step opens up new horizons\nfor growth and opportunities in the DIY market in Romania,\u201d said Dan Ostahie,\nAltex Romania CEO.\n\nThierry Garnier, Kingfisher CEO, commented: \u201cWe are pleased to have found an\nexperienced and successful local buyer for Brico D\u00e9p\u00f4t Romania. This decision\nenables us to have greater strategic focus on markets and growth initiatives\nwhere we are most strongly positioned to deliver attractive returns and create\nshareholder value.\u201d\n\nBrico D\u00e9p\u00f4t Romania will continue to operate as normal during this transition,\nthe company said. The transaction has no impact on Kingfisher\u2019s Brico D\u00e9p\u00f4t\nbanners in France, Spain, and Portugal.\n\nKingfisher first entered the Romanian market in 2013, when it acquired\nBricostore Romania from French retail business Group Bresson. It expanded its\nstore network in the country through the acquisition of Praktiker Romania in\n2017.\n\nAltex is the leading retail company in Romania, with over 130 stores\nnationwide. Over more than three decades since its establishment, it has grown\nfrom a local television import business into the market leader for\nelectronics, home appliances, IT&C, and multimedia products in Romania.\n\nBrico D\u00e9p\u00f4t Romania is a major player in the DIY and home improvement market,\nwith a national network of 31 stores in 24 cities and a dedicated team of over\n2,000 employees.\n\n_irina.marica@romania-insider.com_\n\n_(Photo source: the company)_\n\nRead next\n\n## [ ](/ahold-delhaize-profi-acquisition-competition-council-december-2024)\n\n[ ](/ahold-delhaize-profi-acquisition-competition-council-december-2024)\n\n04 December 2024\n\n[ M&A ](/business/ma)\n\n[ Ahold Delhaize\u2019s Profi acquisition in Romania gets Competition Council OK,\nclosing expected in January 2025 ](/ahold-delhaize-profi-acquisition-\ncompetition-council-december-2024)\n\nNormal\n\n[ M&A ](/business/ma)\n\n# Altex acquires Brico D\u00e9p\u00f4t Romania from Kingfisher at EUR 70 mln enterprise\nvalue\n\n18 December 2024\n\n[ Irina Marica ](/user/irinapopescu0)\n\n### Like this article? Share it with your friends!\n\n[ Facebook ](https://www.facebook.com/)\n\n[ Twitter ](https://twitter.com/)\n\n[ Google ](https://plus.google.com/)\n\n[ Pinterest ](https://pinterest.com/)\n\n[ Reddit ](https://www.reddit.com/)\n\n[ Email ](https://mail.google.com)\n\n[ LinkedIn ](https://www.linkedin.com)\n\nKingfisher plc, the international home improvement company, [ announced\n](https://www.kingfisher.com/media/news/2024/kingfisher-announces-sale-of-\nbrico-depot-romania-to-altex-romania) the sale of its Brico D\u00e9p\u00f4t Romania\nbusiness to local electro-IT market leader Altex for an enterprise value of\nEUR 70 million. The deal includes Brico D\u00e9p\u00f4t\u2019s network of 31 stores in 24\ncities, distribution operations, and head office in Bucharest.\n\nThe sale is expected to be completed during the first half of the financial\nyear 2025/26, subject to regulatory approval.\n\n\u201cAltex Romania, the leader in the electro-IT market, is excited to announce\nthe acquisition of the Brico D\u00e9p\u00f4t store network. This marks a significant\nmilestone for all parties involved, and this first step opens up new horizons\nfor growth and opportunities in the DIY market in Romania,\u201d said Dan Ostahie,\nAltex Romania CEO.\n\nThierry Garnier, Kingfisher CEO, commented: \u201cWe are pleased to have found an\nexperienced and successful local buyer for Brico D\u00e9p\u00f4t Romania. This decision\nenables us to have greater strategic focus on markets and growth initiatives\nwhere we are most strongly positioned to deliver attractive returns and create\nshareholder value.\u201d\n\nBrico D\u00e9p\u00f4t Romania will continue to operate as normal during this transition,\nthe company said. The transaction has no impact on Kingfisher\u2019s Brico D\u00e9p\u00f4t\nbanners in France, Spain, and Portugal.\n\nKingfisher first entered the Romanian market in 2013, when it acquired\nBricostore Romania from French retail business Group Bresson. It expanded its\nstore network in the country through the acquisition of Praktiker Romania in\n2017.\n\nAltex is the leading retail company in Romania, with over 130 stores\nnationwide. Over more than three decades since its establishment, it has grown\nfrom a local television import business into the market leader for\nelectronics, home appliances, IT&C, and multimedia products in Romania.\n\nBrico D\u00e9p\u00f4t Romania is a major player in the DIY and home improvement market,\nwith a national network of 31 stores in 24 cities and a dedicated team of over\n2,000 employees.\n\n_irina.marica@romania-insider.com_\n\n_(Photo source: the company)_\n\nRead next\n\n## [ ](/ahold-delhaize-profi-acquisition-competition-council-december-2024)\n\n[ ](/ahold-delhaize-profi-acquisition-competition-council-december-2024)\n\n04 December 2024\n\n[ M&A ](/business/ma)\n\n[ Ahold Delhaize\u2019s Profi acquisition in Romania gets Competition Council OK,\nclosing expected in January 2025 ](/ahold-delhaize-profi-acquisition-\ncompetition-council-december-2024)\n\nNormal\n\n[ M&A ](/business/ma)\n\n# Altex acquires Brico D\u00e9p\u00f4t Romania from Kingfisher at EUR 70 mln enterprise\nvalue\n\n18 December 2024\n\n[ Irina Marica ](/user/irinapopescu0)\n\n### Like this article? Share it with your friends!\n\n[ Facebook ](https://www.facebook.com/)\n\n[ Twitter ](https://twitter.com/)\n\n[ Google ](https://plus.google.com/)\n\n[ Pinterest ](https://pinterest.com/)\n\n[ Reddit ](https://www.reddit.com/)\n\n[ Email ](https://mail.google.com)\n\n[ LinkedIn ](https://www.linkedin.com)\n\nKingfisher plc, the international home improvement company, [ announced\n](https://www.kingfisher.com/media/news/2024/kingfisher-announces-sale-of-\nbrico-depot-romania-to-altex-romania) the sale of its Brico D\u00e9p\u00f4t Romania\nbusiness to local electro-IT market leader Altex for an enterprise value of\nEUR 70 million. The deal includes Brico D\u00e9p\u00f4t\u2019s network of 31 stores in 24\ncities, distribution operations, and head office in Bucharest.\n\nThe sale is expected to be completed during the first half of the financial\nyear 2025/26, subject to regulatory approval.\n\n\u201cAltex Romania, the leader in the electro-IT market, is excited to announce\nthe acquisition of the Brico D\u00e9p\u00f4t store network. This marks a significant\nmilestone for all parties involved, and this first step opens up new horizons\nfor growth and opportunities in the DIY market in Romania,\u201d said Dan Ostahie,\nAltex Romania CEO.\n\nThierry Garnier, Kingfisher CEO, commented: \u201cWe are pleased to have found an\nexperienced and successful local buyer for Brico D\u00e9p\u00f4t Romania. This decision\nenables us to have greater strategic focus on markets and growth initiatives\nwhere we are most strongly positioned to deliver attractive returns and create\nshareholder value.\u201d\n\nBrico D\u00e9p\u00f4t Romania will continue to operate as normal during this transition,\nthe company said. The transaction has no impact on Kingfisher\u2019s Brico D\u00e9p\u00f4t\nbanners in France, Spain, and Portugal.\n\nKingfisher first entered the Romanian market in 2013, when it acquired\nBricostore Romania from French retail business Group Bresson. It expanded its\nstore network in the country through the acquisition of Praktiker Romania in\n2017.\n\nAltex is the leading retail company in Romania, with over 130 stores\nnationwide. Over more than three decades since its establishment, it has grown\nfrom a local television import business into the market leader for\nelectronics, home appliances, IT&C, and multimedia products in Romania.\n\nBrico D\u00e9p\u00f4t Romania is a major player in the DIY and home improvement market,\nwith a national network of 31 stores in 24 cities and a dedicated team of over\n2,000 employees.\n\n_irina.marica@romania-insider.com_\n\n_(Photo source: the company)_\n\nRead next\n\n## [ ](/ahold-delhaize-profi-acquisition-competition-council-december-2024)\n\n[ ](/ahold-delhaize-profi-acquisition-competition-council-december-2024)\n\n04 December 2024\n\n[ M&A ](/business/ma)\n\n[ Ahold Delhaize\u2019s Profi acquisition in Romania gets Competition Council OK,\nclosing expected in January 2025 ](/ahold-delhaize-profi-acquisition-\ncompetition-council-december-2024)\n\nNormal\n\n## Recommended stories\n\n[ ](/romania-elections-presidential-candidates-apr-2025)\n\n07 April 2025\n\n[ Politics ](/society/politics)\n\n[ Update - Romania's 2025 elections: Who is running for president? 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"url": "https://www.romania-insider.com/altex-buys-brico-depot-romania-kingfisher-december-2024"
},
"reason": "This article from Romania Insider explicitly mentions Brico Depot Romania being bought by Altex. The information is factual and the source is a reputable news outlet for Romanian business news, contributing to a high reliability score.",
"reliability_score": 0.9,
"search_query": "company 'Brico' energy efficiency",
"summary": "Altex buys Brico Depot Romania from Kingfisher in December 2024.",
"url": "https://www.romania-insider.com/altex-buys-brico-depot-romania-kingfisher-december-2024"
},
{
"content": {
"metadata": {
"ext_id": "9a614e0c-04ee-474d-87eb-9dadc05509c8",
"origin": "public",
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"source": "http://www.kingfisher.com/media/news/2020/brico-depot-iberia-launches-scan-and-go-app"
},
"page_content": "skip to main content\n\n * [ Link to Home page ](/)\n * [ Link to Media page ](/media)\n * [ Link to News page ](/media/news)\n * [ Link to ](/media/news/2020/brico-depot-iberia-launches-scan-and-go-app) Brico D\u00e9p\u00f4t Iberia launches \u2018scan and go\u2019 app \n\n# Brico D\u00e9p\u00f4t Iberia launches \u2018scan and go\u2019 app\n\n20201202T100000Z\n\nBrico D\u00e9p\u00f4t Iberia has launched a \u2018scan and go\u2019 app for its customers in Spain\nand Portugal. Called \u2018Brico and Go\u2019, the app can be used in all 31 Brico Depot\nstores in the two countries and provides another convenient \u2013 and safe \u2013 way\nfor customers to shop for their DIY and home improvement needs.\n\nCustomers will be able to place orders by scanning the barcodes of the items\nthey want to buy and pay through the app. They can either place the products\nin a basket or trolley as they scan them and pay on the way out of the store\nvia the app, or use the app to compile and pay for an order, which is then\npicked by a Brico D\u00e9p\u00f4t store colleague and brought to the customer within 30\nminutes.\n\nThey will also be able to check product prices, offers and stock levels;\naccess previous purchase history to enable simple repeat ordering of\nfrequently used items; and, for professional customers, store invoices for\naccounting purposes.\n\nThe new app complements existing services available to Brico Depot customers\nin Spain and Portugal, such as Click & Collect and Click & Delivery.\n\n[ https://www.bricodepot.es/brico-go ](https://www.bricodepot.es/brico-go\n\"Opens in a new window\")\n\n### Latest news\n\n[ View all ](/media/news)\n\n{{ item.date }}\n\n{{ item.title }}\n\nRead more __\n\nNo Results found\n\nCompany number 01664812\n\nRegistered in England, \n1 Paddington Square, \nLondon W2 1GG\n\nQuick links\n\n * [ About ](/about-us)\n * [ Our banners & brands ](/our-banners-and-brands)\n * [ Investors ](/investors)\n * [ Media ](/media)\n * [ Responsible Business ](/responsible-business)\n * [ Annual Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2025/Kingfisher-Annual-Report-2024-25.pdf \"PDF, 10.0MB opens in a new window\")\n * [ Responsible Business Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2024/kingfisher-responsible-business-report-2023-24-pdf.pdf \"PDF, 131.54 KB opens in a new window\")\n\nSign up for news & alerts\n\nBe first to know about our newest products, limited-time offers, community\nevents, and more.\n\n[ Sign up ](/investors/regulatory-news#tab-email-alerts)\n\nContact us\n\n[ Get in touch ](/contact-us)\n\nConnect with us\n\n[ __ ](https://www.linkedin.com/company/kingfisher/ \"LinkedIn \u2013 link to\nwebsite \\(opens in a new window\\)\") [ __\n](https://twitter.com/kingfisherplc?lang=en \"X \u2013 link to website \\(opens in a\nnew window\\)\")\n\n\u00a9 Kingfisher plc\n\n * [ Privacy Policy ](/privacy-policy)\n * [ Cookie Settings ](javascript:; \"Cookie Settings\")\n * [ Responsible Disclosure ](/responsible-disclosure)\n * [ Sitemap ](/sitemap)\n * [ Cookie Policy ](/cookie-policy)\n * [ Modern Slavery Statement ](/~/media/Files/K/Kingfisher-Plc/Universal/documents/footer/kingfisher-modern-slavery-act-statement-2023-24.pdf \"PDF, 150.54 KB opens in a new window\")\n * [ Accessibility ](/accessibility)\n\n[ Back to top ](javascript:; \"Top of page\")\n\n",
"url": "http://www.kingfisher.com/media/news/2020/brico-depot-iberia-launches-scan-and-go-app"
},
"reason": "This is a press release from Kingfisher, the parent company of Brico D\u00e9p\u00f4t Iberia, detailing a specific initiative. It's a primary source for this particular piece of information, offering high reliability regarding the launch of the app.",
"reliability_score": 0.9,
"search_query": "company 'Brico' materiality assessment",
"summary": "Kingfisher press release about Brico D\u00e9p\u00f4t Iberia launching a scan-and-go app.",
"url": "http://www.kingfisher.com/media/news/2020/brico-depot-iberia-launches-scan-and-go-app"
},
{
"content": {
"metadata": {
"ext_id": "9a03cc42-7fa9-49d6-b477-4bd03378a647",
"origin": "public",
"resource_location": "web",
"resource_type": "webpage",
"source": "https://www.directorstalkinterviews.com/kingfisher-plc-sells-brico-depot-romania-to-altex-romania/4121181566"
},
"page_content": "[ ](https://www.directorstalkinterviews.com/)\n\nFollow us on:\n\n[ X Logo ](https://twitter.com/directorstalk) [ Linkedin\n](https://www.linkedin.com/company/directorstalk-interviews/) [ Facebook\n](https://www.facebook.com/DirectorsTalkExclusive/)\n\n# Kingfisher Plc sells Brico D\u00e9p\u00f4t Romania to Altex Romania\n\n * [ Amilia Stone ](https://www.directorstalkinterviews.com/author/amilia-stone)\n * [ December 18, 2024 ](https://www.directorstalkinterviews.com/date/2024/12/18)\n * 7:28 am \n\n**[ Kingfisher plc ](https://www.directorstalkinterviews.com/ftse-\ncompany/kingfisher-plc/kgf.l) ** (LON:KGF), the international home improvement\ncompany, has announced, following a competitive process, the sale of its Brico\nD\u00e9p\u00f4t Romania business to Altex Romania for an enterprise value of \u20ac70m 1\n(equivalent to \u00a358m 2 ).\n\nThe sale comprises the entire Brico D\u00e9p\u00f4t Romania business, including its\nnetwork of 31 stores in 24 cities, distribution operations, and head office in\nBucharest.\n\nThe sale is expected to complete during the first half of FY 2025/26, subject\nto regulatory approval.\n\n**Thierry Garnier, Kingfisher CEO, said:**\n\n_\u201cWe are pleased to have found an experienced and successful local buyer for\nBrico D\u00e9p\u00f4t Romania. This decision enables us to have greater strategic focus\non markets and growth initiatives where we are most strongly positioned to\ndeliver attractive returns and create shareholder value._\n\n_\u201cI would like to thank all Brico_ _D\u00e9p\u00f4t Romania colleagues for their\ncommitment and customer focus over the years. Following strong interest, the\noutcome of the sale process is testament to the progress the team has made in\nstrengthening the foundations of the business.\u201d_\n\n**Dan Ostahie, Altex Romania CEO said:**\n\n_\u201cAltex Romania, the leader in the electro-IT market, is excited to announce\nthe acquisition of the Brico_ _D\u00e9p\u00f4t_ _store network. This marks a significant\nmilestone for all parties involved, and this first step opens up new horizons\nfor growth and opportunities in the DIY market in Romania. Our primary goal is\nto continue growing while delivering quality services with the customer at the\ncenter of our focus. Our growth strategy is built on an omnichannel model,\nensuring a seamless and enjoyable shopping experience for customers,\nregardless of the sales channel they choose._\n\n_\u201cI want to convey a message of confidence to all Brico_ _D\u00e9p\u00f4t_ _customers,\nemployees, and partners. We are committed to developing this business by\nbringing innovation and efficiency to every aspect of the operation. Every\nmember of our team will benefit from opportunities for professional\ndevelopment and a stimulating work environment that emphasizes collaboration\nand excellence. Altex Romania is confident in the future of Brico_ _D\u00e9p\u00f4t_\n_and is determined to continue serving the community with high-quality\nproducts and services.\u201d_\n\nIn FY 2023/24, Brico D\u00e9p\u00f4t Romania delivered sales of \u00a3269m, representing 2.1%\nof Group sales, and contributed a retail loss of \u00a3(18)m and a free cash\noutflow of \u00a3(17)m.\n\n[ You might also enjoy reading Kingfisher Plc grows market share in all key\nregions ](https://www.directorstalkinterviews.com/kingfisher-plc-grows-\nmarket-share-in-all-key-regions/4121189104)\n\nKingfisher first entered the Romanian market in 2013, when it acquired\nBricostore Romania from French retail business Group Bresson. It expanded its\nstore network in the country through the acquisition of Praktiker Romania in\n2017.\n\nThis transaction has no impact on Kingfisher\u2019s Brico D\u00e9p\u00f4t banners in France,\nSpain and Portugal.\n\nShare on:\n\n[\n](https://www.addtoany.com/add_to/stocktwits?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"StockTwits\") [\n](https://www.addtoany.com/add_to/x?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"X\") [\n](https://www.addtoany.com/add_to/bluesky?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Bluesky\") [\n](https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Facebook\") [\n](https://www.addtoany.com/add_to/whatsapp?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"WhatsApp\") [\n](https://www.addtoany.com/add_to/telegram?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Telegram\") [\n](https://www.addtoany.com/add_to/reddit?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Reddit\") [\n](https://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"LinkedIn\") [\n](https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Email\") [\n](https://www.addtoany.com/add_to/google_translate?linkurl=https%3A%2F%2Fwww.directorstalkinterviews.com%2Fkingfisher-\nplc-sells-brico-depot-romania-to-altex-\nromania%2F4121181566&linkname=Kingfisher%20Plc%20sells%20Brico%20D%C3%A9p%C3%B4t%20Romania%20to%20Altex%20Romania\n\"Google Translate\")\n\n * Written by: Amilia Stone \n\n**Find more news, interviews, share price & company profile here for:\n\n**\n\n## [ Latest Company News\n](https://www.directorstalkinterviews.com/news/ftse-100)\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-grows-market-share-\nin-all-key-regions/4121189104)\n\n## [ Kingfisher Plc grows market share in all key regions\n](https://www.directorstalkinterviews.com/kingfisher-plc-grows-market-share-\nin-all-key-regions/4121189104)\n\nKingfisher Plc's final results for the year ending January 31, 2025, reveal\nstrategic growth and market share gains across key regions. Read on for\ninsights.\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-ian-\nmcleod-as-a-non-executive-director/4121182722)\n\n## [ Kingfisher Plc appoints Ian McLeod as a Non-Executive Director\n](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-ian-mcleod-\nas-a-non-executive-director/4121182722)\n\nKingfisher plc announces the appointment of Ian McLeod as Non-Executive\nDirector, while Catherine Bradley steps down after four years of dedicated\nservice.\n\n[ ](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-lucinda-\nriches-as-a-non-executive-director/4121180964)\n\n## [ Kingfisher Plc appoints Lucinda Riches as a Non-Executive Director\n](https://www.directorstalkinterviews.com/kingfisher-plc-appoints-lucinda-\nriches-as-a-non-executive-director/4121180964)\n\nKingfisher plc welcomes Lucinda Riches as a new Non-Executive Director,\njoining the Board and committees in 2025, succeeding Rakhi Goss-Custard.\n\n[ 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](https://www.directorstalkinterviews.com/kingfisher-\nplc-h1-results-in-line-with-expectations-market-share-gains-in-uk-and-\npoland/4121171404)\n\n**\n\n**\n\n## [ Latest interviews ](https://www.directorstalkinterviews.com/exclusives)\n\n[ ](https://www.directorstalkinterviews.com/diverse-income-trust-gervais-\nwilliams-more-bullish-on-small-caps-than-hes-been-in-30-years-\nvideo/4121190839)\n\n## [ Diverse Income Trust Gervais Williams More Bullish on Small Caps Than\nHe\u2019s Been in 30 Years (Video)\n](https://www.directorstalkinterviews.com/diverse-income-trust-gervais-\nwilliams-more-bullish-on-small-caps-than-hes-been-in-30-years-\nvideo/4121190839)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/ht-group-5-growth-drivers-\npowering-the-uk-s-largest-pawnbroker-video/4121190256)\n\n## [ H&T Group 5 Growth Drivers Powering the UK\u2019s Largest Pawnbroker (Video)\n](https://www.directorstalkinterviews.com/ht-group-5-growth-drivers-powering-\nthe-uk-s-largest-pawnbroker-video/4121190256)\n\n7 April 2025\n\n[ ](https://www.directorstalkinterviews.com/gattaca-plc-confident-growth-amid-\nmarket-volatility-as-dividends-return-video/4121190041)\n\n## [ Gattaca Plc Confident Growth Amid Market Volatility as Dividends Return\n(Video) ](https://www.directorstalkinterviews.com/gattaca-plc-confident-\ngrowth-amid-market-volatility-as-dividends-return-video/4121190041)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/switch-metals-acquisition-of-\nswitch-metals-cote-d-ivoire-and-start-of-trading-on-aim/4121190006)\n\n## [ Switch Metals Acquisition of Switch Metals C\u00f4te d\u2019Ivoire and Start of\nTrading on AIM ](https://www.directorstalkinterviews.com/switch-metals-\nacquisition-of-switch-metals-cote-d-ivoire-and-start-of-trading-on-\naim/4121190006)\n\n3 April 2025\n\n[ 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Capital\n](https://www.directorstalkinterviews.com/quadrise-signs-key-agreement-as-msc-\ntrial-nears-shore-capital/4121190108)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-\nand-tomorrow-but-not-today/4121189990)\n\n## [ Apax Global Alpha: Jam yesterday, and tomorrow, but not today\n](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-and-\ntomorrow-but-not-today/4121189990)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/pharos-energy-eyes-future-growth-\nand-5-6-dividend-yield-shore-capital/4121189530)\n\n## [ Pharos Energy Eyes Future Growth and 5.6% Dividend Yield \u2013 Shore Capital\n](https://www.directorstalkinterviews.com/pharos-energy-eyes-future-growth-\nand-5-6-dividend-yield-shore-capital/4121189530)\n\n27 March 2025\n\n[ View all Broker Talk ](https://www.directorstalkinterviews.com/broker-\nthoughts-on)\n\n## [ FTSE 100 News ](https://www.directorstalkinterviews.com/news/ftse-100)\n\n[ ](https://www.directorstalkinterviews.com/dcc-plc-reshapes-leadership-to-\ndrive-energy-strategy/4121190792)\n\n## [ DCC Plc reshapes leadership to drive energy strategy\n](https://www.directorstalkinterviews.com/dcc-plc-reshapes-leadership-to-\ndrive-energy-strategy/4121190792)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/howden-joinery-group-plc-cfo-paul-\nhayes-to-retire/4121190574)\n\n## [ Howden Joinery Group Plc CFO Paul Hayes to retire\n](https://www.directorstalkinterviews.com/howden-joinery-group-plc-cfo-paul-\nhayes-to-retire/4121190574)\n\n8 April 2025\n\n[ ](https://www.directorstalkinterviews.com/londonmetric-property-plc-\ndisposes-of-40-4m-of-warehouses-at-4-3-niy/4121190220)\n\n## [ LondonMetric Property Plc disposes of \u00a340.4m of warehouses at 4.3% NIY\n](https://www.directorstalkinterviews.com/londonmetric-property-plc-disposes-\nof-40-4m-of-warehouses-at-4-3-niy/4121190220)\n\n7 April 2025\n\n[ ](https://www.directorstalkinterviews.com/bp-plc-chair-helge-lund-to-step-\ndown-succession-process-begins/4121190129)\n\n## [ BP Plc Chair Helge Lund to step down, succession process begins\n](https://www.directorstalkinterviews.com/bp-plc-chair-helge-lund-to-step-\ndown-succession-process-begins/4121190129)\n\n4 April 2025\n\n[ ](https://www.directorstalkinterviews.com/astrazeneca-plc-enhertu-approved-\nin-the-eu-for-her2-breast-cancer/4121190124)\n\n## [ AstraZeneca Plc Enhertu approved in the EU for HER2 breast cancer\n](https://www.directorstalkinterviews.com/astrazeneca-plc-enhertu-approved-in-\nthe-eu-for-her2-breast-cancer/4121190124)\n\n4 April 2025\n\n[ ](https://www.directorstalkinterviews.com/j-sainsbury-plc-appoints-two-new-\nnon-executive-directors/4121190026)\n\n## [ J Sainsbury Plc appoints two new Non-Executive Directors\n](https://www.directorstalkinterviews.com/j-sainsbury-plc-appoints-two-new-\nnon-executive-directors/4121190026)\n\n3 April 2025\n\n## Search\n\n## [ Green News ](https://www.directorstalkinterviews.com/news/sustainable-\nplcs)\n\n[ ](https://www.directorstalkinterviews.com/jubilee-metals-enters-joint-\npartnership-to-process-surplus-pgm/4121190776)\n\n## [ Jubilee Metals enters joint partnership to process surplus PGM\n](https://www.directorstalkinterviews.com/jubilee-metals-enters-joint-\npartnership-to-process-surplus-pgm/4121190776)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/tirupati-graphite-\nexceeds-2-5m-in-2025-note-subscriptions-and-updates-terms/4121190246)\n\n## [ Tirupati Graphite exceeds \u00a32.5m in 2025 Note Subscriptions and updates\nTerms ](https://www.directorstalkinterviews.com/tirupati-graphite-\nexceeds-2-5m-in-2025-note-subscriptions-and-updates-terms/4121190246)\n\n7 April 2025\n\n[ ](https://www.directorstalkinterviews.com/jubilee-metals-secures-exclusive-\nrights-to-the-large-waste-project-in-zambia/4121190005)\n\n## [ Jubilee Metals secures exclusive rights to the Large Waste Project in\nZambia ](https://www.directorstalkinterviews.com/jubilee-metals-secures-\nexclusive-rights-to-the-large-waste-project-in-zambia/4121190005)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/diversified-energy-company-\ndelivering-reliable-affordable-and-sustainable-energy/4121189999)\n\n## [ Diversified Energy Company delivering reliable, affordable, and\nsustainable energy ](https://www.directorstalkinterviews.com/diversified-\nenergy-company-delivering-reliable-affordable-and-sustainable-\nenergy/4121189999)\n\n3 April 2025\n\n[ ](https://www.directorstalkinterviews.com/quadrise-partners-with-mac2-for-\nmarine-fuel-trials/4121189760)\n\n## [ Quadrise partners with MAC2 for marine fuel trials\n](https://www.directorstalkinterviews.com/quadrise-partners-with-mac2-for-\nmarine-fuel-trials/4121189760)\n\n1 April 2025\n\n[ View all Sustainable sectors, Plcs and news\n](https://www.directorstalkinterviews.com/sustainability) [ \u00bb\n](https://www.directorstalkinterviews.com/page/2)\n\n## [ Q&A's ](https://www.directorstalkinterviews.com/qa)\n\n[ ](https://www.directorstalkinterviews.com/firering-strategic-minerals-on-\nfundraising-and-limeco-outlook-lonfrg/4121189929)\n\n## [ Firering Strategic Minerals on Fundraising and Limeco Outlook (LON:FRG)\n](https://www.directorstalkinterviews.com/firering-strategic-minerals-on-\nfundraising-and-limeco-outlook-lonfrg/4121189929)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/one-health-group-ceo-on-aim-\nlisting-7-8m-raise-and-nhs-support-plans-lonohgr/4121189923)\n\n## [ One Health Group CEO on AIM listing, \u00a37.8m raise and NHS support plans\n(LON:OHGR) ](https://www.directorstalkinterviews.com/one-health-group-ceo-on-\naim-listing-7-8m-raise-and-nhs-support-plans-lonohgr/4121189923)\n\n26 March 2025\n\n[ ](https://www.directorstalkinterviews.com/tekmar-group-plc-bold-strategy-ma-\nand-strong-pipeline-drive-growth-ceo-qa/4121188602)\n\n## [ Tekmar Group Plc: Bold Strategy, M&A, and Strong Pipeline Drive Growth\n(CEO Q&A) ](https://www.directorstalkinterviews.com/tekmar-group-plc-bold-\nstrategy-ma-and-strong-pipeline-drive-growth-ceo-qa/4121188602)\n\n14 March 2025\n\n[ ](https://www.directorstalkinterviews.com/volta-finance-\nstrong-2024-positive-2025-outlook-lonvta/4121188320)\n\n## [ Volta Finance: Strong 2024, Positive 2025 outlook (LON:VTA)\n](https://www.directorstalkinterviews.com/volta-finance-\nstrong-2024-positive-2025-outlook-lonvta/4121188320)\n\n6 March 2025\n\n[ ](https://www.directorstalkinterviews.com/itim-group-cfo-ian-hayes-on-\nebitda-growth-new-contracts-and-2025-outlook/4121188317)\n\n## [ itim Group CFO Ian Hayes on EBITDA growth, new contracts and 2025\noutlook ](https://www.directorstalkinterviews.com/itim-group-cfo-ian-hayes-on-\nebitda-growth-new-contracts-and-2025-outlook/4121188317)\n\n6 March 2025\n\n[ View all Question and Answers ](https://www.directorstalkinterviews.com/qa)\n\n## [ Funds ](https://www.directorstalkinterviews.com/news/funds)\n\n[ ](https://www.directorstalkinterviews.com/diverse-income-trust-gervais-\nwilliams-more-bullish-on-small-caps-than-hes-been-in-30-years-\nvideo/4121190839)\n\n## [ Diverse Income Trust Gervais Williams More Bullish on Small Caps Than\nHe\u2019s Been in 30 Years (Video)\n](https://www.directorstalkinterviews.com/diverse-income-trust-gervais-\nwilliams-more-bullish-on-small-caps-than-hes-been-in-30-years-\nvideo/4121190839)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/blackrock-american-income-trust-\nreinvents-income-strategy-with-ai-powered-overhaul/4121190788)\n\n## [ BlackRock American Income Trust reinvents income strategy with AI-\npowered overhaul ](https://www.directorstalkinterviews.com/blackrock-american-\nincome-trust-reinvents-income-strategy-with-ai-powered-overhaul/4121190788)\n\n9 April 2025\n\n[ 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news\n](https://www.directorstalkinterviews.com/news/funds) [ \u00bb\n](https://www.directorstalkinterviews.com/page/2)\n\n## [ UK Broker Ratings ](https://www.directorstalkinterviews.com/reports/uk-\nratings/ratings)\n\n[ ](https://www.directorstalkinterviews.com/cranswick-plc-cwk-l-navigating-\nthe-packaged-foods-landscape-with-growth-and-stability/4121190769)\n\n## [ Cranswick PLC (CWK.L): Navigating the Packaged Foods Landscape with\nGrowth and Stability ](https://www.directorstalkinterviews.com/cranswick-plc-\ncwk-l-navigating-the-packaged-foods-landscape-with-growth-and-\nstability/4121190769)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/computacenter-plc-ccc-l-a-deep-\ndive-into-technology-services-and-investor-potential/4121190768)\n\n## [ Computacenter PLC (CCC.L): A Deep Dive into Technology Services and\nInvestor Potential ](https://www.directorstalkinterviews.com/computacenter-\nplc-ccc-l-a-deep-dive-into-technology-services-and-investor-\npotential/4121190768)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/close-brothers-group-plc-cbg-l-\nnavigating-challenges-in-the-financial-services-sector/4121190765)\n\n## [ Close Brothers Group PLC (CBG.L): Navigating Challenges in the Financial\nServices Sector ](https://www.directorstalkinterviews.com/close-brothers-\ngroup-plc-cbg-l-navigating-challenges-in-the-financial-services-\nsector/4121190765)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/coats-group-plc-ord-5p-coa-l-a-\nlegacy-textile-giant-with-modern-growth-prospects/4121190767)\n\n## [ COATS GROUP PLC ORD 5P (COA.L): A Legacy Textile Giant with Modern\nGrowth Prospects ](https://www.directorstalkinterviews.com/coats-group-plc-\nord-5p-coa-l-a-legacy-textile-giant-with-modern-growth-prospects/4121190767)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/cmc-markets-plc-cmcx-l-navigating-\nthe-capital-markets-with-promising-dividend-yields/4121190766)\n\n## [ CMC Markets PLC (CMCX.L): Navigating the Capital Markets with Promising\nDividend Yields ](https://www.directorstalkinterviews.com/cmc-markets-plc-\ncmcx-l-navigating-the-capital-markets-with-promising-dividend-\nyields/4121190766)\n\n9 April 2025\n\n## [ Hardman & Co ](https://www.directorstalkinterviews.com/broker/hardman-\nco)\n\n[ ](https://www.directorstalkinterviews.com/chesnara-plc-showing-good-\noperational-progress/4121190784)\n\n## [ Chesnara Plc Showing good operational progress\n](https://www.directorstalkinterviews.com/chesnara-plc-showing-good-\noperational-progress/4121190784)\n\n9 April 2025\n\n[ ](https://www.directorstalkinterviews.com/arbuthnot-banking-\ngroup-2024-results-franchise-growing-through-the-noise/4121190236)\n\n## [ Arbuthnot Banking Group 2024 results: Franchise growing through the\nnoise ](https://www.directorstalkinterviews.com/arbuthnot-banking-\ngroup-2024-results-franchise-growing-through-the-noise/4121190236)\n\n7 April 2025\n\n[ ](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-\nand-tomorrow-but-not-today/4121189990)\n\n## [ Apax Global Alpha: Jam yesterday, and tomorrow, but not today\n](https://www.directorstalkinterviews.com/apax-global-alpha-jam-yesterday-and-\ntomorrow-but-not-today/4121189990)\n\n2 April 2025\n\n[ ](https://www.directorstalkinterviews.com/ht-group-2024-results-reasons-to-\nbe-cheerful-1-2-3-4-and-5/4121188855)\n\n## [ H&T Group 2024 results: Reasons to be cheerful 1, 2, 3, 4 and 5\n](https://www.directorstalkinterviews.com/ht-group-2024-results-reasons-to-be-\ncheerful-1-2-3-4-and-5/4121188855)\n\n20 March 2025\n\n## [ Don't Miss Our News Alerts\n](https://www.directorstalkinterviews.com/alerts)\n\n[ Subscribe Free ](https://www.directorstalkinterviews.com/alerts)\n\n**Find us on:**\n\n[ X Logo 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You further understand that none of the information providers or their\naffiliates will advise you personally concerning the nature, potential,\nadvisability, value or suitability of any particular stock, share, security,\nportfolio of securities, transaction, investment strategy, or other matter. We\nopenly disclose that we and our contributors may have interests in investments\nand/or providers of services referred to within the website and that we\nreceive remuneration from certain of the companies referred to on this\nwebsite.\n\n\u00a9 2025 \u2013 DirectorsTalk Interviews. All rights reserved. Reproduction in whole\nor in part, in any form or medium without express written permission is\nprohibited.\n\n",
"url": "https://www.directorstalkinterviews.com/kingfisher-plc-sells-brico-depot-romania-to-altex-romania/4121181566"
},
"reason": "This article from DirectorsTalk Interviews explicitly mentions Brico Depot, which was sold by Kingfisher. The information is factual and relates to a business transaction. The source appears reputable for business news, contributing to a high reliability score.",
"reliability_score": 0.8,
"search_query": "company 'Brico' energy efficiency",
"summary": "Kingfisher PLC sells Brico Depot Romania to Altex Romania.",
"url": "https://www.directorstalkinterviews.com/kingfisher-plc-sells-brico-depot-romania-to-altex-romania/4121181566"
},
{
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"ext_id": "02961430-f9c6-4189-be0f-792c457f500c",
"origin": "public",
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"resource_type": "webpage",
"source": "https://www.kingfisher.com/responsible-business/our-approach/responsible-business-case-studies/promoting-inclusivity-at-brico-depot-france"
},
"page_content": "skip to main content\n\n * [ Link to Home page ](/)\n * [ Link to Responsible Business page ](/responsible-business)\n * [ Link to Our approach page ](/responsible-business/our-approach/our-responsible-business-strategy)\n * [ Link to Responsible Business case studies page ](/responsible-business/our-approach/responsible-business-case-studies)\n * [ Link to ](/responsible-business/our-approach/responsible-business-case-studies/promoting-inclusivity-at-brico-depot-france) Promoting inclusivity at Brico D\u00e9p\u00f4t France \n\n# Promoting inclusivity at Brico D\u00e9p\u00f4t France\n\nResponsible Business - Colleagues\n\nBrico D\u00e9p\u00f4t is taking action to increase workplace diversity and create an\ninclusive working environment. This includes tools and training for stores\nmanagers, HR teams and regional directors, focusing on preventing bias or\ndiscrimination in the recruitment process. A digital version will be launched\nin 2021, so the training can be completed by more colleagues.\n\nIt has agreed diversity targets with colleague trade unions to increase\nrepresentation of women in management and sales roles over the next two years.\n\nIt supports people with disabilities to become Brico D\u00e9p\u00f4t colleagues and\ncustomers, works with specialist disability organisations, and ran an\nawareness campaign during European Disability Week.\n\n### Case studies\n\n{{ item.tag }}\n\n{{ item.title }}\n\nRead more __\n\nNo Results found\n\nCompany number 01664812\n\nRegistered in England, \n1 Paddington Square, \nLondon W2 1GG\n\nQuick links\n\n * [ About ](/about-us)\n * [ Our banners & brands ](/our-banners-and-brands)\n * [ Investors ](/investors)\n * [ Media ](/media)\n * [ Responsible Business ](/responsible-business)\n * [ Annual Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2025/Kingfisher-Annual-Report-2024-25.pdf \"PDF, 10.0MB opens in a new window\")\n * [ Responsible Business Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2024/kingfisher-responsible-business-report-2023-24-pdf.pdf \"PDF, 131.54 KB opens in a new window\")\n\nSign up for news & alerts\n\nBe first to know about our newest products, limited-time offers, community\nevents, and more.\n\n[ Sign up ](/investors/regulatory-news#tab-email-alerts)\n\nContact us\n\n[ Get in touch ](/contact-us)\n\nConnect with us\n\n[ __ ](https://www.linkedin.com/company/kingfisher/ \"LinkedIn \u2013 link to\nwebsite \\(opens in a new window\\)\") [ __\n](https://twitter.com/kingfisherplc?lang=en \"X \u2013 link to website \\(opens in a\nnew window\\)\")\n\n\u00a9 Kingfisher plc\n\n * [ Privacy Policy ](/privacy-policy)\n * [ Cookie Settings ](javascript:; \"Cookie Settings\")\n * [ Responsible Disclosure ](/responsible-disclosure)\n * [ Sitemap ](/sitemap)\n * [ Cookie Policy ](/cookie-policy)\n * [ Modern Slavery Statement ](/~/media/Files/K/Kingfisher-Plc/Universal/documents/footer/kingfisher-modern-slavery-act-statement-2023-24.pdf \"PDF, 150.54 KB opens in a new window\")\n * [ Accessibility ](/accessibility)\n\n[ Back to top ](javascript:; \"Top of page\")\n\n",
"url": "https://www.kingfisher.com/responsible-business/our-approach/responsible-business-case-studies/promoting-inclusivity-at-brico-depot-france"
},
"reason": "This is a case study published on the Kingfisher website, the parent company of Brico D\u00e9p\u00f4t. It discusses inclusivity initiatives at Brico D\u00e9p\u00f4t France, providing direct information from the company. The information is likely accurate but may present a slightly biased view.",
"reliability_score": 0.8,
"search_query": "company 'Brico' governance diversity inclusion",
"summary": "Case study on Kingfisher's website about inclusivity at Brico D\u00e9p\u00f4t France.",
"url": "https://www.kingfisher.com/responsible-business/our-approach/responsible-business-case-studies/promoting-inclusivity-at-brico-depot-france"
},
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"source": "https://newsroom.accenture.com/news/2023/bricorama-and-accenture-join-forces-to-launch-paint-the-paint-expert-powered-by-generative-artificial-intelligence-ai"
},
"page_content": "**December 7, 2023**\n\n# Bricorama and Accenture Join Forces to Launch \u2018pAInt,\u2019 the Paint Expert\nPowered by Generative Artificial Intelligence (AI)\n\nPARIS, France; Dec. 7, 2023 \u2013 Bricorama and Accenture (NYSE: ACN) have\ncollaborated to develop \u2018pAInt,\u2019 a generative AI-powered shopping assistant\nthat helps customers with their painting projects. Available on [ bricorama.fr\n](https://www.bricorama.fr/) , \u2018pAInt\u2019 has been designed to inspire and guide\ncustomers through each stage of their projects, from inspiration \u2013 by\nsuggesting trending styles, to the purchase of materials, to best practice\nguides on the painting process itself. This new service enables the brand to\noffer its customers a unique online experience, and to accompany them to the\nsuccessful completion of their \u2018Do-It-Yourself\u2019 (DIY) projects.\n\n**Generative Artificial Intelligence to enhance the customer experience** \n\u2018pAInt\u2019 is a conversational tool that customers can interact with for help\nwith paint colors and finishes, decorating ideas from Bricorama\u2019s video\ncontent, demonstrations, paint quantity, brushes and other accessories.\nCustomers can then buy any of the products with a single click.\n\n\u201cWe're proud to offer such an innovative and cutting-edge online service as\n\u2018pAInt.\u2019 It is further proof of our value proposition: to inspire and\npedagogically support our customers in the success of their projects,\u201d\ncomments Laurent Pussat, president of Les Mousquetaires Group's DIY chains.\n\u201cOur customers expect a personalized, professional response, whatever the\nchannel they choose. With \u2018pAInt,\u2019 we're offering a 'made-to-measure' online\nexperience, which can then be rolled out in-store, as an extension of its\nomnichannel purpose.\"\n\n**A project born from close collaboration between Bricorama and Accenture** \nResponding to customers\u2019 growing need for DIY and decoration support, \u2018pAInt\u2019\nwas developed thanks to a close collaboration between Bricorama and Accenture\nSong, Accenture's tech-powered creative group. The teams analyzed and mapped\nthe value and opportunities that generative AI could bring to the DIY market.\nThey then used this information to develop the \u2018pAInt\u2019 tool and services\nrelating to Bricorama products. The use of generative AI is set to be extended\nto other product categories. At the point of sale, employees will also be able\nto use the tool to advise customers.\n\nThe new \u2018pAInt\u2019 tool was built on Microsoft Azure OpenAI Service, to benefit\nfrom Azure\u2019s enterprise-grade security, stability and performance, as well as\nits natural language interaction and context understanding capabilities. It\nhas been trained with patented content produced by Bricorama, which has\nenabled it to acquire an extremely high level of expertise.\n\nLaurent Thoumine, senior managing director, and Europe lead for Accenture\u2019s\nretail industry group, said: \u201cGenerative AI has the potential to be a real\ngame-changer in retail and is driving companies to reinvent how they run their\nbusinesses, serve their customers, and get work done. That\u2019s why it\u2019s\nparticularly great to see Bricorama lean in strongly on this exciting new\ntechnology, and through working closely and quickly with our team, design and\ndeliver a tool that offers hyper-relevant retail suggestions to each customer\nin each decision-making moment.\u201d\n\n**About ITM Home Equipment - Bricomarch\u00e9, Brico Cash and Bricorama** \nBricomarch\u00e9, Brico Cash and Bricorama are the brands of the Les Mousquetaires\nGroup dedicated to home equipment. They have more than 850 points of sale in\nEurope\u2014including 679 Bricomarch\u00e9, 49 Brico Cash and 142 Bricorama stores. In\nFrance, the three DIY brands of Les Mousquetaires represents the leading\nnetwork of independents with more than 15% of market share. The other brands\nof the Les Mousquetaires Group are: Intermarch\u00e9 and Netto (food), Roady and\nRapid Pare-Brise (mobility). For more information: [ @BricoramaFR\n](https://urldefense.com/v3/__https:/twitter.com/BricoramaFR__;!!OrxsNty6D4my!-9Ebq0-5PywT2bId96uEFyg8FjVOjLWgImxlbVtE_rL0r3ananCz60yTQoG_JiI_A8cvcCRWKZ9aOjB-\noxkqsH9wOvVeL4cVT7Lp$) \\- [ Journalists' area\n](https://urldefense.com/v3/__https:/www.mousquetaires.com/journaliste/__;!!OrxsNty6D4my!-9Ebq0-5PywT2bId96uEFyg8FjVOjLWgImxlbVtE_rL0r3ananCz60yTQoG_JiI_A8cvcCRWKZ9aOjB-\noxkqsH9wOvVeLwwtFkD5$) \\- [ @mousquetairesfr\n](https://urldefense.com/v3/__https:/twitter.com/mousquetairesfr__;!!OrxsNty6D4my!-9Ebq0-5PywT2bId96uEFyg8FjVOjLWgImxlbVtE_rL0r3ananCz60yTQoG_JiI_A8cvcCRWKZ9aOjB-\noxkqsH9wOvVeL3zRi_nh$)\n\n**About Accenture** \nAccenture is a leading global professional services company that helps the\nworld\u2019s leading businesses, governments and other organizations build their\ndigital core, optimize their operations, accelerate revenue growth and enhance\ncitizen services\u2014creating tangible value at speed and scale. We are a talent-\nand innovation-led company with approximately 733,000 people serving clients\nin more than 120 countries. Technology is at the core of change today, and we\nare one of the world\u2019s leaders in helping drive that change, with strong\necosystem relationships. We combine our strength in technology and leadership\nin cloud, data and AI with unmatched industry experience, functional expertise\nand global delivery capability. We are uniquely able to deliver tangible\noutcomes because of our broad range of services, solutions and assets across\nStrategy & Consulting, Technology, Operations, Industry X and Song. These\ncapabilities, together with our culture of shared success and commitment to\ncreating 360\u00b0 value, enable us to help our clients reinvent and build trusted,\nlasting relationships. We measure our success by the 360\u00b0 value we create for\nour clients, each other, our shareholders, partners and communities. Visit us\nat [ www.accenture.com ](http://www.accenture.com/) .\n\nAccenture Song accelerates growth and value for our clients through sustained\ncustomer relevance. Our capabilities span ideation to execution: growth,\nproduct and experience design; technology and experience platforms; creative,\nmedia and marketing strategy; and campaign, commerce transformation content\nand channel orchestration. With strong client relationships and deep industry\nexpertise, we help our clients operate at the speed of life through the\nunlimited potential of imagination, technology and intelligence.\n\n# # #\n\n \n**Contacts:** \n \nRosie Milton-Sch\u00f6nemann \nAccenture Song \n+44 7769 286484 \n[ rosie.milton@accenture.com ](mailto:rosie.milton@accenture.com) \n \nCharlotte Rabilloud \nBricorama \n+33 1 85 78 66 32 \n+33 6 62 03 28 34 (mobile) \n[ charlotte@source-rp.com ](mailto:charlotte@source-rp.com) \n \nMichelle Kamar \nBricorama \n+33 1 85 78 66 31 \n+33 6 09 24 42 42 (mobile) \n[ michelle@source-rp.com ](mailto:michelle@source-rp.com) \n \nCopyright \u00a9 2023 Accenture. All rights reserved. Accenture and its logo are\ntrademarks of Accenture.\n\n",
"url": "https://newsroom.accenture.com/news/2023/bricorama-and-accenture-join-forces-to-launch-paint-the-paint-expert-powered-by-generative-artificial-intelligence-ai"
},
"reason": "This is a press release from Accenture about Bricorama. It's a reliable source for the specific partnership and launch details, but it's promotional in nature and may not provide a balanced view.",
"reliability_score": 0.7,
"search_query": "company 'Brico' governance diversity inclusion",
"summary": "Accenture press release about partnership with Bricorama.",
"url": "https://newsroom.accenture.com/news/2023/bricorama-and-accenture-join-forces-to-launch-paint-the-paint-expert-powered-by-generative-artificial-intelligence-ai"
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"page_content": "[ ](https://www.eventbrite.at/e/european-shopping-places-\nsummit-2025-tickets-1224842138809?aff=oddtdtcreator)\n\n * [ General ](https://europaproperty.com/category/general/)\n\nMay 24, 2022\n\n# Brico D\u00e9p\u00f4t signs Diversity Charter\n\nSHARE ARTICLE\n\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Feuropaproperty.com%2Fbrico-\ndepot-signs-diversity-charter%2F\n\n&title=Brico+D%C3%A9p%C3%B4t+signs+Diversity+Charter\n\n&source=Lena+Bera) [\n](https://twitter.com/intent/tweet?&text=Brico+D%C3%A9p%C3%B4t+signs+Diversity+Charter\n\n&url=https%3A%2F%2Feuropaproperty.com%2Fbrico-depot-signs-diversity-charter%2F\n\n) [\n](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Feuropaproperty.com%2Fbrico-\ndepot-signs-diversity-charter%2F\n\n&t=Brico+D%C3%A9p%C3%B4t+signs+Diversity+Charter\n\n)\n\nTags\n\n[ Brico D\u00e9p\u00f4t ](https://europaproperty.com/tag/brico-depot/ \"View all posts in\nBrico D\u00e9p\u00f4t\") has 1 post(s).\n\n[ Romania ](https://europaproperty.com/tag/romania/ \"View all posts in\nRomania\") has 978 post(s).\n\n[ see real estate awards ](https://europaproperty.com/tag/see-real-estate-\nawards/ \"View all posts in see real estate awards\") has 876 post(s).\n\nBrico D\u00e9p\u00f4t signed the Diversity Charter, thus making a public commitment to\npromote and implement practices in the spirit of the company\u2019s values, which\nsupport diversity, equal opportunities and inclusion. Adhering to this\ninitiative is a reaffirmation of the internal mission to maintain and\nencourage a healthy organisational environment, based on principles such as\nmutual respect, fairness and valuing individual differences.\n\n\u201cOur organizational culture promotes equity, diversity and inclusion, and the\nleadership team is committed to promoting an open conversation. Today, we are\nalso making a public commitment to this by signing the Diversity Charter. As a\nresponsible company, we will continue to ensure an inclusive workspace with\nequal opportunities for the whole team, and to promote diversity, aware that\nin this way we contribute to a better society and future for each individual\u201d,\nsaid Adela Smeu, CEO, Brico D\u00e9p\u00f4t Rom\u00e2nia.\n\nBy signing the Diversity Charter, Brico D\u00e9p\u00f4t is publicly committed to\nsupporting, protecting and developing diversity within the company by\nintegrating the principles of non-discrimination and equal opportunities into\nthe decision-making processes and the human resources strategy.\n\n\u201cAs part of an international group, with a nationwide network and a complex\nbusiness, the diversity of gender, ethnicity, nationality or religion is\nimplicit in Brico, but we have encouraged and are proud to have diversity\namong us in all its forms. In fact, we promote a culture in which diversity is\nvalued, understanding that the differences between us make us better, at an\norganizational level, and enrich us on a personal level. Our human resources\nstrategy is based on the development of a working environment in which each\ncolleague can realize their potential. We encourage and support our colleagues\nto grow and perform, making a firm commitment to ensuring that they are\ntreated fairly and that their opinions and backgrounds are respected\u201d, added\nCristina Ule\u0219an, HR Director of Brico D\u00e9p\u00f4t Romania.\n\nThe Diversity Charter is a project aimed at promoting diversity, non-\ndiscrimination, inclusion and equal opportunities in the workplace. Diversity\nCharters are present in 26 European Union countries and they bring together\ncompanies, non-profit organisations and authorities. By adhering to the\nDiversity Charter, signatories undertake to implement or extend their\ncommitment to diversity management beyond the rigours and legal requirements.\n\n## More from General\n\n[ General ](https://europaproperty.com/category/general/) [ Quadra\nUnderwriting Announces European Expansion with Aviva Support\n](https://europaproperty.com/quadra-underwriting-announces-european-expansion-\nwith-aviva-support/)\n\n[ March 28, 2025 ](https://europaproperty.com/quadra-underwriting-announces-\neuropean-expansion-with-aviva-support/)\n\n[ General ](https://europaproperty.com/category/general/) [ Top 300 Polish\nBuilders Earn PLN 150 billion in 2024\n](https://europaproperty.com/top-300-polish-builders-earn-pln-150-billion-\nin-2024/)\n\nThe combined turnover of Poland\u2019s 300 largest construction companies is\nalready PLN 150 billion. Despite the difficulties resulting from the downturn,\n2024 brought a stabilisation of results, and positive...\n\n[ January 14, 2025 ](https://europaproperty.com/io-partners-expands-to-\naustria-in-franchise-agreement-with-optin/)\n\n[ General ](https://europaproperty.com/category/general/) [ iO Partners\nexpands to Austria in Franchise Agreement with OPTIN\n](https://europaproperty.com/io-partners-expands-to-austria-in-franchise-\nagreement-with-optin/)\n\n[ General ](https://europaproperty.com/category/general/) [ Friends of the\nWorld Charity Dinner Raises Nearly Half a Million Zlotys\n](https://europaproperty.com/friends-of-the-world-charity-dinner-raises-\nnearly-half-a-million-zlotys/)\n\n[ General ](https://europaproperty.com/category/general/) [ Shape your Future\nof Business: Reminder for InvestPro Warsaw!\n](https://europaproperty.com/shape-your-future-of-business-reminder-for-\ninvestpro-warsaw/)\n\nThe clock is ticking! Don\u2019t miss your chance to join us at InvestPro Poland\n2024, the premier event for investment professionals and industry leaders in\nWarsaw on December 11....\n\n[ December 2, 2024 ](https://europaproperty.com/ai-adoption-hits-30-in-\npolish-real-estate-construction/)\n\n[ General ](https://europaproperty.com/category/general/) [ AI Adoption Hits\n30% in Polish Real Estate & Construction ](https://europaproperty.com/ai-\nadoption-hits-30-in-polish-real-estate-construction/)\n\n[ ](https://newworkoffices.com/hi-\npiotrkowska/?utm_source=Europa+Property&utm_medium=banner&utm_campaign=HiPiotrkowska)\n\n## Subscribe for unlimited access to latest news & information from in\ncommercial real estate across the cee & SEE region\n\nSubscribers benefits\n\n * CEO Networking & Deal Making Platform \u2013 Full access \n * HR & Recruitment Marketplace Platform \u2013 Full access \n * Free invites to our series of online forums with industry leaders from across CEE CRE \u2013 15 events annually \n * Exclusive content to our daily news, interviews, reports \n * Hard copy of our annual printed CRE Magazines & Guides \n * Free digital advertising consultation \n * EuropaProperty.com Premium Wine Club \n * Free office rental voucher & free meeting room hire for New Work \n * 20% discount off all Europaroperty.com Awards Gala events \n\nClick here to see full list of subscription options [ FIND OUT MORE!\n](/membership-levels/)\n\nNews\n\n[ All ](/news/) [ Finance ](/category/finance/) [ General\n](/category/general/) [ Green Building ](/category/green-building/)\n\n[ Investment Market ](/category/investment-market/) [ Office Leasing\n](/category/office-leasing/) [ Retail News ](/category/retail-news/) [ Russia\nCiS ](/category/russia-cis/)\n\n[ Warehousing, \nlogistics and industrial ](/category/warehousing-logistics-and-industrial/)\n\n[ Submit News ](/submit-news/)\n\n[ ](https://www.linkedin.com/company/europaproperty-com/ \"LinkedIn\") [\n](https://www.youtube.com/channel/UCHWkkuuQs5ZRyM6pYy9ScGQ \"YouTube\") [\n](https://twitter.com/europaproperty?lang=hu \"Twitter\") [\n](https://www.facebook.com/CEErealestate/ \"Facebook\")\n\n[ About Us ](/about-us/)\n\n[ Calendar ](/calendar/)\n\n[ Awards Gala ](/awards-gala/)\n\n[ Investor Platform ](/investor-platform/)\n\n[ Magazines ](/magazines/)\n\n[ HR marketplace ](/hr-marketplace/)\n\n[ CEO Networking Forum ](/forums/)\n\n[ ](https://www.linkedin.com/company/europaproperty-com/ \"LinkedIn\") [\n](https://www.youtube.com/channel/UCHWkkuuQs5ZRyM6pYy9ScGQ \"YouTube\") [\n](https://twitter.com/europaproperty?lang=hu \"Twitter\") [\n](https://www.facebook.com/CEErealestate/ \"Facebook\")\n\n[ Privacy policy ](/privacy-policy) [ Terms and Conditions ](/terms-and-\nconditions)\n\ndesign & development by [ letsgobold.com ](https://letsgobold.com)\n\nAll rights reserved by **EuropaProperty.com**\n\ndesign & development by [ letsgobold.com ](https://letsgobold.com)\n\nEuropaproperty.com Platinum Subscription Bundle Exclusive Benefits:\n\n * CEO Networking & Deal Making Platform \u2013 Full access \n * HR & Recruitment Marketplace Platform \u2013 Full access \n * Free invites to our series of online forums with industry leaders from across CEE CRE \u2013 15 events annually \n * Exclusive content to our daily news, interviews, reports \n * Hard copy of our annual printed CRE Magazines & Guides \n * Free digital advertising consultation \n * EuropaProperty.com Premium Wine Club \n * Free office rental voucher & free meeting room hire for New Work \n * 20% discount off all Europaroperty.com Awards Gala events \n\n* * *\n\n[ SEE MORE LIFESTYLE BENEFITS ](/additional-subscription-benefits/)\n\n",
"url": "https://europaproperty.com/brico-depot-signs-diversity-charter/"
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"reason": "This article reports on Brico D\u00e9p\u00f4t signing a diversity charter. It's a direct report on a specific event, making it relatively reliable. However, it may lack broader context or independent verification.",
"reliability_score": 0.8,
"search_query": "company 'Brico' governance diversity inclusion",
"summary": "Report on Brico D\u00e9p\u00f4t signing a diversity charter.",
"url": "https://europaproperty.com/brico-depot-signs-diversity-charter/"
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"source": "https://www.forbes.com/companies/brico/"
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"page_content": "PROFILE\n\n# Brico\n\nSan Francisco, California\n\nFrom the Editor\n\nBrico\u2019s platform helps fintechs and other nonbank financial players, including\nlenders, money transmitters and debt collectors, automate the cumbersome\nstate-by-state licensing process and keep up with renewals, reporting\nrequirements and regulatory changes. The startup frames its goals in ambitious\nterms: It wants to be the TurboTax of state-by-state licensing. While it was\nonly founded in 2023, the company already has 30 customers.\n\nFunding: $8 million from Restive Ventures, Cambrian Ventures, Pear VC and\nFlourish Ventures, among others.\n\nLatest valuation: $30 million.\n\nDate of last valuation:... Read More\n\nBrico\u2019s platform helps fintechs and other nonbank financial players, including\nlenders, money transmitters and debt collectors, automate the cumbersome\nstate-by-state licensing process and keep up with renewals, reporting\nrequirements and regulatory changes. The startup frames its goals in ambitious\nterms: It wants to be the TurboTax of state-by-state licensing. While it was\nonly founded in 2023, the company already has 30 customers.\n\nFunding: $8 million from Restive Ventures, Cambrian Ventures, Pear VC and\nFlourish Ventures, among others.\n\nLatest valuation: $30 million.\n\nDate of last valuation: July 2024.\n\nBona fides: In less than two years, Brico has landed customers such as Funding\nCircle, Empower, Bilt and Marqeta.\n\nCofounders: CEO Snigdha Kumar, 33, former head of product operations at Digit\n(now Oportun) and CTO Edward Swiac, 35, a software engineer with experience at\nMarqeta, Twitter and Expedia. Read Less\n\nBrico Company Stats\n\nAs of February 2025\n\nHeadquarters\n\n San Francisco, California \n\nCountry/Territory\n\n United States \n\n### Forbes Lists\n\n[ Fintech 50 (2025) ](https://www.forbes.com/fintech50/)\n\nRelated People & Companies\n\n[ ](/teams/golden-state-warriors/)\n\n[ Golden State Warriors ](/teams/golden-state-warriors/)\n\nLocated in San Francisco-Oakland-Fremont, CA Metropolitan Area\n\n[ View Profile ](/teams/golden-state-warriors/)\n\n[ ](/teams/san-francisco-giants/)\n\n[ San Francisco Giants ](/teams/san-francisco-giants/)\n\nLocated in San Francisco-Oakland-Fremont, CA Metropolitan Area\n\n[ View Profile ](/teams/san-francisco-giants/)\n\n[ ](/teams/las-vegas-raiders/)\n\n[ Las Vegas Raiders ](/teams/las-vegas-raiders/)\n\nLocated in San Francisco-Oakland-Fremont, CA Metropolitan Area\n\n[ View Profile ](/teams/las-vegas-raiders/)\n\n### More on Forbes\n\n2 minutes ago\n\n### [ Sephora Teams Up With WNBA\u2019s Golden State Valkyries\n](https://www.forbes.com/sites/shelleykohan/2025/04/09/sephora-teams-up-with-\nwnbas-golden-state-valkyries/)\n\nSephora has engaged in a multi-year partnership with the WNBA team, Golden\nState Valkyries, shifting the narrative around sports marketing.\n\nBy [ Shelley E. Kohan ](https://www.forbes.com/sites/shelleykohan/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fshelleykohan%2F2025%2F04%2F09%2Fsephora-\nteams-up-with-wnbas-golden-state-\nvalkyries%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f5fb9ac7c4faafdd672552%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Sephora%20Teams%20Up%20With%20WNBA%E2%80%99s%20Golden%20State%20Valkyries&caption=www.forbes.com&description=Sephora%20has%20engaged%20in%20a%20multi-\nyear%20partnership%20with%20the%20WNBA%20team%2C%20Golden%20State%20Valkyries%2C%20shifting%20the%20narrative%20around%20sports%20marketing.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fshelleykohan%2F2025%2F04%2F09%2Fsephora-\nteams-up-with-wnbas-golden-state-\nvalkyries%2F&via=forbes&text=Sephora%20Teams%20Up%20With%20WNBA%E2%80%99s%20Golden%20State%20Valkyries)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fshelleykohan%2F2025%2F04%2F09%2Fsephora-\nteams-up-with-wnbas-golden-state-\nvalkyries%2F&title=Sephora%20Teams%20Up%20With%20WNBA%E2%80%99s%20Golden%20State%20Valkyries&summary=Sephora%20has%20engaged%20in%20a%20multi-\nyear%20partnership%20with%20the%20WNBA%20team%2C%20Golden%20State%20Valkyries%2C%20shifting%20the%20narrative%20around%20sports%20marketing.)\n[\n](mailto:?subject=Sephora%20Teams%20Up%20With%20WNBA%E2%80%99s%20Golden%20State%20Valkyries&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fshelleykohan%2F2025%2F04%2F09%2Fsephora-\nteams-up-with-wnbas-golden-state-\nvalkyries%2F%0A%0ASephora%20Teams%20Up%20With%20WNBA%E2%80%99s%20Golden%20State%20Valkyries%0A)\n\n[ ](https://www.forbes.com/sites/shelleykohan/2025/04/09/sephora-teams-up-\nwith-wnbas-golden-state-valkyries/)\n\n2 minutes ago\n\n### [ Fleetwood Mac Charts A Brand New Album \u2014 But Fans Will Know The Music\nWell ](https://www.forbes.com/sites/hughmcintyre/2025/04/09/fleetwood-mac-\ncharts-a-brand-new-album---but-fans-will-know-the-music-well/)\n\nFleetwood Mac\u2019s box set 1975\u20131987 debuts on the Official Albums Sales chart,\nearning the legendary band another big win.\n\nBy [ Hugh McIntyre ](https://www.forbes.com/sites/hughmcintyre/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fhughmcintyre%2F2025%2F04%2F09%2Ffleetwood-\nmac-charts-a-brand-new-album---but-fans-will-know-the-music-\nwell%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f57886469d011c7789b2b5%2F0x0.jpg%3Fformat%3Djpg%26crop%3D1256%2C838%2Cx333%2Cy70%2Csafe%26width%3D440&name=Fleetwood%20Mac%20Charts%20A%20Brand%20New%20Album%20%E2%80%94%20But%20Fans%20Will%20Know%20The%20Music%20Well&caption=www.forbes.com&description=Fleetwood%20Mac%E2%80%99s%20box%20set%201975%E2%80%931987%20debuts%20on%20the%20Official%20Albums%20Sales%20chart%2C%20earning%20the%20legendary%20band%20another%20big%20win.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fhughmcintyre%2F2025%2F04%2F09%2Ffleetwood-\nmac-charts-a-brand-new-album---but-fans-will-know-the-music-\nwell%2F&via=forbes&text=Fleetwood%20Mac%20Charts%20A%20Brand%20New%20Album%20%E2%80%94%20But%20Fans%20Will%20Know%20The%20Music%20Well)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fhughmcintyre%2F2025%2F04%2F09%2Ffleetwood-\nmac-charts-a-brand-new-album---but-fans-will-know-the-music-\nwell%2F&title=Fleetwood%20Mac%20Charts%20A%20Brand%20New%20Album%20%E2%80%94%20But%20Fans%20Will%20Know%20The%20Music%20Well&summary=Fleetwood%20Mac%E2%80%99s%20box%20set%201975%E2%80%931987%20debuts%20on%20the%20Official%20Albums%20Sales%20chart%2C%20earning%20the%20legendary%20band%20another%20big%20win.)\n[\n](mailto:?subject=Fleetwood%20Mac%20Charts%20A%20Brand%20New%20Album%20%E2%80%94%20But%20Fans%20Will%20Know%20The%20Music%20Well&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fhughmcintyre%2F2025%2F04%2F09%2Ffleetwood-\nmac-charts-a-brand-new-album---but-fans-will-know-the-music-\nwell%2F%0A%0AFleetwood%20Mac%20Charts%20A%20Brand%20New%20Album%20%E2%80%94%20But%20Fans%20Will%20Know%20The%20Music%20Well%0A)\n\n[ ](https://www.forbes.com/sites/hughmcintyre/2025/04/09/fleetwood-mac-charts-\na-brand-new-album---but-fans-will-know-the-music-well/)\n\n6 minutes ago\n\n### [ The Blue Jays Extended Vlad Guerrero, Now They Must Build Around Him\n](https://www.forbes.com/sites/danepstein/2025/04/09/the-blue-jays-extended-\nvlad-guerrero-now-they-must-build-around-him/)\n\nVladimir Guerrero Jr. signed a 14-year, $500 million extension that will keep\nhim in Toronto through 2039. Here's how the Blue Jays can build a winning team\naround him.\n\nBy [ Daniel R. Epstein ](https://www.forbes.com/sites/danepstein/)\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fdanepstein%2F2025%2F04%2F09%2Fthe-\nblue-jays-extended-vlad-guerrero-now-they-must-build-around-\nhim%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f5b5b449be8979a242d25e%2F0x0.jpg%3Fformat%3Djpg%26crop%3D3616%2C2409%2Cx0%2Cy0%2Csafe%26width%3D440&name=The%20Blue%20Jays%20Extended%20Vlad%20Guerrero%2C%20Now%20They%20Must%20Build%20Around%20Him&caption=www.forbes.com&description=Vladimir%20Guerrero%20Jr.%20signed%20a%2014-year%2C%20%24500%20million%20extension%20that%20will%20keep%20him%20in%20Toronto%20through%202039.%20Here's%20how%20the%20Blue%20Jays%20can%20build%20a%20winning%20team%20around%20him.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fdanepstein%2F2025%2F04%2F09%2Fthe-\nblue-jays-extended-vlad-guerrero-now-they-must-build-around-\nhim%2F&via=forbes&text=The%20Blue%20Jays%20Extended%20Vlad%20Guerrero%2C%20Now%20They%20Must%20Build%20Around%20Him)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fdanepstein%2F2025%2F04%2F09%2Fthe-\nblue-jays-extended-vlad-guerrero-now-they-must-build-around-\nhim%2F&title=The%20Blue%20Jays%20Extended%20Vlad%20Guerrero%2C%20Now%20They%20Must%20Build%20Around%20Him&summary=Vladimir%20Guerrero%20Jr.%20signed%20a%2014-year%2C%20%24500%20million%20extension%20that%20will%20keep%20him%20in%20Toronto%20through%202039.%20Here's%20how%20the%20Blue%20Jays%20can%20build%20a%20winning%20team%20around%20him.)\n[\n](mailto:?subject=The%20Blue%20Jays%20Extended%20Vlad%20Guerrero%2C%20Now%20They%20Must%20Build%20Around%20Him&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fdanepstein%2F2025%2F04%2F09%2Fthe-\nblue-jays-extended-vlad-guerrero-now-they-must-build-around-\nhim%2F%0A%0AThe%20Blue%20Jays%20Extended%20Vlad%20Guerrero%2C%20Now%20They%20Must%20Build%20Around%20Him%0A)\n\n[ ](https://www.forbes.com/sites/danepstein/2025/04/09/the-blue-jays-extended-\nvlad-guerrero-now-they-must-build-around-him/)\n\n19 minutes ago\n\n### [ Is Inter\u2019s Nicol\u00f2 Barella One Of The Best Midfielders In The World?\n](https://www.forbes.com/sites/adamdigby/2025/04/09/is-inters-nicol-barella-\none-of-the-best-midfielders-in-the-world/)\n\nTaking on Bayern Munich is undoubtedly a tough challenge, but Inter managed a\nwin thanks to their star man in midfield\n\nBy [ Adam Digby ](https://www.forbes.com/sites/adamdigby/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f65b0c983973952c192013%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F&caption=www.forbes.com&description=Taking%20on%20Bayern%20Munich%20is%20undoubtedly%20a%20tough%20challenge%2C%20but%20Inter%20managed%20a%20win%20thanks%20to%20their%20star%20man%20in%20midfield)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F&via=forbes&text=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F&title=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F&summary=Taking%20on%20Bayern%20Munich%20is%20undoubtedly%20a%20tough%20challenge%2C%20but%20Inter%20managed%20a%20win%20thanks%20to%20their%20star%20man%20in%20midfield)\n[\n](mailto:?subject=Is%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fadamdigby%2F2025%2F04%2F09%2Fis-\ninters-nicol-barella-one-of-the-best-midfielders-in-the-\nworld%2F%0A%0AIs%20Inter%E2%80%99s%20Nicol%C3%B2%20Barella%20One%20Of%20The%20Best%20Midfielders%20In%20The%20World%3F%0A)\n\n[ ](https://www.forbes.com/sites/adamdigby/2025/04/09/is-inters-nicol-barella-\none-of-the-best-midfielders-in-the-world/)\n\n31 minutes ago\n\n### [ Four Indian Films Make It To Netflix Top 10 Worldwide\n](https://www.forbes.com/sites/swetakaushal/2025/04/09/four-indian-films-make-\nit-to-netflix-top-10-worldwide/)\n\nFour Indian films rank among global top 10 on Netflix and it is the third week\non the list for two of those - Tamil film 'Dragon' and Malayalam film 'Officer\nOn Duty'.\n\nBy [ Sweta Kaushal ](https://www.forbes.com/sites/swetakaushal/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f60b0f7bf9a625f6374c17%2F0x0.jpg%3Fformat%3Djpg%26crop%3D1919%2C1079%2Cx0%2Cy0%2Csafe%26width%3D440&name=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide&caption=www.forbes.com&description=Four%20Indian%20films%20rank%20among%20global%20top%2010%20on%20Netflix%20and%20it%20is%20the%20third%20week%20on%20the%20list%20for%20two%20of%20those%20-%20Tamil%20film%20'Dragon'%20and%20Malayalam%20film%20'Officer%20On%20Duty'.%20)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F&via=forbes&text=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F&title=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide&summary=Four%20Indian%20films%20rank%20among%20global%20top%2010%20on%20Netflix%20and%20it%20is%20the%20third%20week%20on%20the%20list%20for%20two%20of%20those%20-%20Tamil%20film%20'Dragon'%20and%20Malayalam%20film%20'Officer%20On%20Duty'.%20)\n[\n](mailto:?subject=Four%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fswetakaushal%2F2025%2F04%2F09%2Ffour-\nindian-films-make-it-to-netflix-\ntop-10-worldwide%2F%0A%0AFour%20Indian%20Films%20Make%20It%20To%20Netflix%20Top%2010%20Worldwide%0A)\n\n[ ](https://www.forbes.com/sites/swetakaushal/2025/04/09/four-indian-films-\nmake-it-to-netflix-top-10-worldwide/)\n\n32 minutes ago\n\n### [ How NBA\u2019s New CBA Led To Nuggets Parting With Michael Malone And Calvin\nBooth ](https://www.forbes.com/sites/bryantoporek/2025/04/09/how-nbas-new-\ncba-led-to-nuggets-parting-with-michael-malone-and-calvin-booth/)\n\nThe NBA's new CBA caused the dynamic between Nuggets head coach Michael Malone\nand GM Calvin Booth to deteriorate prior to their shocking dismissal on\nTuesday.\n\nBy [ Bryan Toporek ](https://www.forbes.com/sites/bryantoporek/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f5f30138f951d54f96cec4%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth&caption=www.forbes.com&description=The%20NBA's%20new%20CBA%20caused%20the%20dynamic%20between%20Nuggets%20head%20coach%20Michael%20Malone%20and%20GM%20Calvin%20Booth%20to%20deteriorate%20prior%20to%20their%20shocking%20dismissal%20on%20Tuesday.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F&via=forbes&text=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F&title=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth&summary=The%20NBA's%20new%20CBA%20caused%20the%20dynamic%20between%20Nuggets%20head%20coach%20Michael%20Malone%20and%20GM%20Calvin%20Booth%20to%20deteriorate%20prior%20to%20their%20shocking%20dismissal%20on%20Tuesday.)\n[\n](mailto:?subject=How%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fbryantoporek%2F2025%2F04%2F09%2Fhow-\nnbas-new-cba-led-to-nuggets-parting-with-michael-malone-and-calvin-\nbooth%2F%0A%0AHow%20NBA%E2%80%99s%20New%20CBA%20Led%20To%20Nuggets%20Parting%20With%20Michael%20Malone%20And%20Calvin%20Booth%0A)\n\n[ ](https://www.forbes.com/sites/bryantoporek/2025/04/09/how-nbas-new-cba-led-\nto-nuggets-parting-with-michael-malone-and-calvin-booth/)\n\n32 minutes ago\n\n### [ Stock Market Crash Does Not Foretell Recession Or Future Decline\n](https://www.forbes.com/sites/billconerly/2025/04/09/stock-market-crash-does-\nnot-foretell-recession-or-future-decline/)\n\nDespite the panic or dread that many people felt, the recent drop does not\npredict an economic recession nor further stock market declines, they are\ncertainly possible\n\nBy [ Bill Conerly ](https://www.forbes.com/sites/billconerly/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f58efbea68e09a8411f0bf%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline&caption=www.forbes.com&description=Despite%20the%20panic%20or%20dread%20that%20many%20people%20felt%2C%20the%20recent%20drop%20does%20not%20predict%20an%20economic%20recession%20nor%20further%20stock%20market%20declines%2C%20they%20are%20certainly%20possible)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F&via=forbes&text=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F&title=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline&summary=Despite%20the%20panic%20or%20dread%20that%20many%20people%20felt%2C%20the%20recent%20drop%20does%20not%20predict%20an%20economic%20recession%20nor%20further%20stock%20market%20declines%2C%20they%20are%20certainly%20possible)\n[\n](mailto:?subject=Stock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fbillconerly%2F2025%2F04%2F09%2Fstock-\nmarket-crash-does-not-foretell-recession-or-future-\ndecline%2F%0A%0AStock%20Market%20Crash%20Does%20Not%20Foretell%20Recession%20Or%20Future%20Decline%0A)\n\n[ ](https://www.forbes.com/sites/billconerly/2025/04/09/stock-market-crash-\ndoes-not-foretell-recession-or-future-decline/)\n\n52 minutes ago\n\n### [ Oil Slumps 20% In April To 4-Year Lows. Worse May Yet Follow\n](https://www.forbes.com/sites/gauravsharma/2025/04/09/oil-slumps-20-in-april-\nto-4-year-lows-worse-may-yet-follow/)\n\nAs the so-called Trump Tariffs continue to cause havoc in the world\u2019s\nfinancial markets, oil prices have slipped to levels that would be hard to\nrecover from quickly.\n\nBy [ Gaurav Sharma ](https://www.forbes.com/sites/gauravsharma/) Senior\nContributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F67f62e1104871b93376c309b%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow&caption=www.forbes.com&description=As%20the%20so-\ncalled%20Trump%20Tariffs%20continue%20to%20cause%20havoc%20in%20the%20world%E2%80%99s%20financial%20markets%2C%20oil%20prices%20have%20slipped%20to%20levels%20that%20would%20be%20hard%20to%20recover%20from%20quickly.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F&via=forbes&text=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F&title=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow&summary=As%20the%20so-\ncalled%20Trump%20Tariffs%20continue%20to%20cause%20havoc%20in%20the%20world%E2%80%99s%20financial%20markets%2C%20oil%20prices%20have%20slipped%20to%20levels%20that%20would%20be%20hard%20to%20recover%20from%20quickly.)\n[\n](mailto:?subject=Oil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fgauravsharma%2F2025%2F04%2F09%2Foil-\nslumps-20-in-april-to-4-year-lows-worse-may-yet-\nfollow%2F%0A%0AOil%20Slumps%2020%25%20In%20April%20To%204-Year%20Lows.%20Worse%20May%20Yet%20Follow%0A)\n\n[ ](https://www.forbes.com/sites/gauravsharma/2025/04/09/oil-slumps-20-in-\napril-to-4-year-lows-worse-may-yet-follow/)\n\nMar 25, 2024\n\n### [ Kingfisher Shares Drop As Annual Profits Slump Again\n](https://www.forbes.com/sites/roystonwild/2024/03/25/kingfisher-shares-drop-\nas-annual-profits-slump-again/)\n\nSales at the FTSE 100 retailer dropped 0.6% during the 12 months to January,\nwhile pre-tax profits sank 22.3% year on year.\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F66013a4aa0ea00b7353d12d7%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again&caption=www.forbes.com&description=Sales%20at%20the%20FTSE%20100%20retailer%20dropped%200.6%25%20during%20the%2012%20months%20to%20January%2C%20while%20pre-\ntax%20profits%20sank%2022.3%25%20year%20on%20year.) [\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F&via=forbes&text=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F&title=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again&summary=Sales%20at%20the%20FTSE%20100%20retailer%20dropped%200.6%25%20during%20the%2012%20months%20to%20January%2C%20while%20pre-\ntax%20profits%20sank%2022.3%25%20year%20on%20year.) [\n](mailto:?subject=Kingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2024%2F03%2F25%2Fkingfisher-\nshares-drop-as-annual-profits-slump-\nagain%2F%0A%0AKingfisher%20Shares%20Drop%20As%20Annual%20Profits%20Slump%20Again%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2024/03/25/kingfisher-shares-\ndrop-as-annual-profits-slump-again/)\n\nNov 22, 2023\n\n### [ Kingfisher Shares Slide 6.2% As FTSE Firm Cuts Profit Guidance Again\n](https://www.forbes.com/sites/roystonwild/2023/11/22/kingfisher-shares-\nslide-62-as-ftse-firm-cuts-profit-guidance-again/)\n\nSales at the B&Q and Screwfix owner dropped 2.1% to \u00a33.2 billion during\nquarter three as troubles in its French markets intensified.\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F6419a3adae0623913b3cc1c5%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again&caption=www.forbes.com&description=Sales%20at%20the%20B%26Q%20and%20Screwfix%20owner%20dropped%202.1%25%20to%20%C2%A33.2%20billion%20during%20quarter%20three%20as%20troubles%20in%20its%20French%20markets%20intensified.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F&via=forbes&text=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F&title=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again&summary=Sales%20at%20the%20B%26Q%20and%20Screwfix%20owner%20dropped%202.1%25%20to%20%C2%A33.2%20billion%20during%20quarter%20three%20as%20troubles%20in%20its%20French%20markets%20intensified.)\n[\n](mailto:?subject=Kingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2023%2F11%2F22%2Fkingfisher-\nshares-slide-62-as-ftse-firm-cuts-profit-guidance-\nagain%2F%0A%0AKingfisher%20Shares%20Slide%206.2%25%20As%20FTSE%20Firm%20Cuts%20Profit%20Guidance%20Again%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2023/11/22/kingfisher-shares-\nslide-62-as-ftse-firm-cuts-profit-guidance-again/)\n\nFeb 11, 2021\n\n### [ How Judy Collins Returns To Her Musical And Activist Roots\n](https://www.forbes.com/sites/jerylbrunner/2021/02/11/how-judy-collins-\nreturns-to-her-musical-and-activist-roots/)\n\nJudy Collins will recreate her very first concert at Town Hall where she\nperformed in 1964\n\nBy [ Jeryl Brunner ](https://www.forbes.com/sites/jerylbrunner/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F602522ed1af86e3238dda6d0%2F0x0.jpg%3Fformat%3Djpg%26crop%3D3024%2C1701%2Cx0%2Cy99%2Csafe%26width%3D440&name=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots&caption=www.forbes.com&description=Judy%20Collins%20will%20recreate%20her%20very%20first%20concert%20at%20Town%20Hall%20where%20she%20performed%20%20in%201964)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F&via=forbes&text=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F&title=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots&summary=Judy%20Collins%20will%20recreate%20her%20very%20first%20concert%20at%20Town%20Hall%20where%20she%20performed%20%20in%201964)\n[\n](mailto:?subject=How%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fjerylbrunner%2F2021%2F02%2F11%2Fhow-\njudy-collins-returns-to-her-musical-and-activist-\nroots%2F%0A%0AHow%20Judy%20Collins%20Returns%20To%20Her%20Musical%20And%20Activist%20Roots%0A)\n\n[ ](https://www.forbes.com/sites/jerylbrunner/2021/02/11/how-judy-collins-\nreturns-to-her-musical-and-activist-roots/)\n\nFeb 16, 2018\n\n### [ 9 New Luxury Beach Resorts, The Best Airports For Dining And More\n](https://www.forbes.com/sites/passport/2018/02/16/9-new-luxury-beach-resorts-\nthe-best-airports-for-dining-and-more/)\n\nPassport by ForbesLife chronicles the latest in luxury travel, drinking and\ndining, fashion\u2014and life's other indulgences.\n\nBy [ Passport by ForbesLife ](https://www.forbes.com/sites/passport/) Forbes\nStaff\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fblogs-\nimages%2Fpassport%2Ffiles%2F2018%2F02%2Fhttps-2F2Fblogs-\nimages.forbes.com2Fannabel2Ffiles2F20182F022FMukan-1200x801.jpg%3Fformat%3Djpg%26width%3D440&name=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More&caption=www.forbes.com&description=Passport%20by%20ForbesLife%20chronicles%20the%20latest%20in%20luxury%20travel%2C%20drinking%20and%20dining%2C%20fashion%E2%80%94and%20life's%20other%20indulgences.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F&via=forbes&text=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F&title=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More&summary=Passport%20by%20ForbesLife%20chronicles%20the%20latest%20in%20luxury%20travel%2C%20drinking%20and%20dining%2C%20fashion%E2%80%94and%20life's%20other%20indulgences.)\n[\n](mailto:?subject=9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fpassport%2F2018%2F02%2F16%2F9-new-\nluxury-beach-resorts-the-best-airports-for-dining-and-\nmore%2F%0A%0A9%20New%20Luxury%20Beach%20Resorts%2C%20The%20Best%20Airports%20For%20Dining%20And%20More%0A)\n\n[ ](https://www.forbes.com/sites/passport/2018/02/16/9-new-luxury-beach-\nresorts-the-best-airports-for-dining-and-more/)\n\nJan 24, 2018\n\n### [ Slow Travel Is Back: The 10 Best Luxury Trains\n](https://www.forbes.com/sites/annabel/2018/01/24/slow-travel-is-back-\nthe-10-best-luxury-trains/)\n\nA spate of new, newly redone and classic trains harks back to the day when\nrail travel was an elegant affair. Consider it the antidote to Amtrak\u2014to say\nnothing of the ever-shrinking seat 32E.\n\nBy [ Ann Abel ](https://www.forbes.com/sites/annabel/) Senior Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fblogs-\nimages%2Fannabel%2Ffiles%2F2018%2F01%2FAndean-\nExpress-1200x806.jpg%3Fformat%3Djpg%26width%3D440&name=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains&caption=www.forbes.com&description=A%20spate%20of%20new%2C%20newly%20redone%20and%20classic%20trains%20harks%20back%20to%20the%20day%20when%20rail%20travel%20was%20an%20elegant%20affair.%20Consider%20it%20the%20antidote%20to%20Amtrak%E2%80%94to%20say%20nothing%20of%20the%20ever-\nshrinking%20seat%2032E.) [\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F&via=forbes&text=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F&title=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains&summary=A%20spate%20of%20new%2C%20newly%20redone%20and%20classic%20trains%20harks%20back%20to%20the%20day%20when%20rail%20travel%20was%20an%20elegant%20affair.%20Consider%20it%20the%20antidote%20to%20Amtrak%E2%80%94to%20say%20nothing%20of%20the%20ever-\nshrinking%20seat%2032E.) [\n](mailto:?subject=Slow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Fannabel%2F2018%2F01%2F24%2Fslow-\ntravel-is-back-the-10-best-luxury-\ntrains%2F%0A%0ASlow%20Travel%20Is%20Back%3A%20The%2010%20Best%20Luxury%20Trains%0A)\n\n[ ](https://www.forbes.com/sites/annabel/2018/01/24/slow-travel-is-back-\nthe-10-best-luxury-trains/)\n\nAug 1, 2017\n\n### [ 3 FTSE 100 Stocks That Should Be Avoided In August\n](https://www.forbes.com/sites/roystonwild/2017/08/01/3-ftse-100-stocks-i-\nthink-should-be-avoided-in-august/)\n\nToday I am discussing three Footsie shares investors should keep on shunning.\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F39755703%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August&caption=www.forbes.com&description=Today%20I%20am%20discussing%20three%20Footsie%20shares%20investors%20should%20keep%20on%20shunning.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F&via=forbes&text=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F&title=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August&summary=Today%20I%20am%20discussing%20three%20Footsie%20shares%20investors%20should%20keep%20on%20shunning.)\n[\n](mailto:?subject=3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F08%2F01%2F3-ftse-100-stocks-\ni-think-should-be-avoided-in-\naugust%2F%0A%0A3%20FTSE%20100%20Stocks%20That%20Should%20Be%20Avoided%20In%20August%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2017/08/01/3-ftse-100-stocks-i-\nthink-should-be-avoided-in-august/)\n\nMar 22, 2017\n\n### [ Kingfisher Drags The FTSE 100 Lower Following Fearful Outlook\n](https://www.forbes.com/sites/roystonwild/2017/03/22/kingfisher-drags-the-\nftse-100-lower-following-fearful-outlook/)\n\nShare pickers have dumped B&Q owner Kingfisher after murky trading\nforecast. What should savvy investors do now?\n\nBy [ Royston Wild ](https://www.forbes.com/sites/roystonwild/) Contributor\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F&picture=https%3A%2F%2Fimageio.forbes.com%2Fspecials-\nimages%2Fimageserve%2F37426414%2F0x0.jpg%3Fformat%3Djpg%26width%3D440&name=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook&caption=www.forbes.com&description=Share%20pickers%20have%20dumped%20B%26amp%3BQ%20owner%20Kingfisher%20after%20murky%20trading%20forecast.%20What%20should%20savvy%20investors%20do%20now%3F)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F&via=forbes&text=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook)\n[\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F&title=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook&summary=Share%20pickers%20have%20dumped%20B%26amp%3BQ%20owner%20Kingfisher%20after%20murky%20trading%20forecast.%20What%20should%20savvy%20investors%20do%20now%3F)\n[\n](mailto:?subject=Kingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2Fsites%2Froystonwild%2F2017%2F03%2F22%2Fkingfisher-\ndrags-the-ftse-100-lower-following-fearful-\noutlook%2F%0A%0AKingfisher%20Drags%20The%20FTSE%20100%20Lower%20Following%20Fearful%20Outlook%0A)\n\n[ ](https://www.forbes.com/sites/roystonwild/2017/03/22/kingfisher-drags-the-\nftse-100-lower-following-fearful-outlook/)\n\nNov 29, 2007\n\n### [ Kingfisher Flies In France\n](https://www.forbes.com/2007/11/29/kingfisher-france-retail-markets-equity-\ncx_ll_1129markets12/)\n\nThe home-improvement company cites strong growth in France relative to its\nsliding British operations.\n\n[\n](https://www.facebook.com/dialog/feed?app_id=123694841080850&link=https%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F&picture=&name=Kingfisher%20Flies%20In%20France&caption=www.forbes.com&description=The%20home-\nimprovement%20company%20cites%20strong%20growth%20in%20France%20relative%20to%20its%20sliding%20British%20operations.)\n[\n](https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F&via=forbes&text=Kingfisher%20Flies%20In%20France) [\n](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F&title=Kingfisher%20Flies%20In%20France&summary=The%20home-\nimprovement%20company%20cites%20strong%20growth%20in%20France%20relative%20to%20its%20sliding%20British%20operations.)\n[\n](mailto:?subject=Kingfisher%20Flies%20In%20France&body=Hi%2C%0A%0AI%20thought%20you'd%20like%20this%3A%0Ahttps%3A%2F%2Fwww.forbes.com%2F2007%2F11%2F29%2Fkingfisher-\nfrance-retail-markets-equity-\ncx_ll_1129markets12%2F%0A%0AKingfisher%20Flies%20In%20France%0A)\n\n[ ](https://www.forbes.com/2007/11/29/kingfisher-france-retail-markets-equity-\ncx_ll_1129markets12/)\n\n### also on forbes\n\n[ Sephora Teams Up With WNBA\u2019s Golden State Valkyries\n](https://www.forbes.com/sites/shelleykohan/2025/04/09/sephora-teams-up-with-\nwnbas-golden-state-valkyries/)\n\n[ Fleetwood Mac Charts A Brand New Album \u2014 But Fans Will Know The Music Well\n](https://www.forbes.com/sites/hughmcintyre/2025/04/09/fleetwood-mac-charts-a-\nbrand-new-album---but-fans-will-know-the-music-well/)\n\n[ The Blue Jays Extended Vlad Guerrero, Now They Must Build Around Him\n](https://www.forbes.com/sites/danepstein/2025/04/09/the-blue-jays-extended-\nvlad-guerrero-now-they-must-build-around-him/)\n\n[ ](https://www.forbes.com/) \u00a9 2025 Forbes Media LLC. 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"url": "https://www.forbes.com/companies/brico/"
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"reason": "Forbes provides a general overview of the company Brico. While Forbes is generally reliable, this is a brief profile and may not contain in-depth information on governance, diversity, and inclusion specifically.",
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"search_query": "company 'Brico' governance diversity inclusion",
"summary": "Forbes company profile for Brico.",
"url": "https://www.forbes.com/companies/brico/"
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"source": "https://www.adeo.com/en/"
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"page_content": "We draw your attention to possible attempts at fraud.\n\nWe will never ask you to provide your personal information. \nPlease note that all official ADEO email addresses respect the following\nformat: \"first_name.surname@adeo.com\", no other format is used. \nThank you for your vigilance.\n\n# [ Adeo - We make home a positive place to live ](https://www.adeo.com/en/)\n\n * [ We ](https://www.adeo.com/en/we/)\n * [ Make ](https://www.adeo.com/en/make/)\n * [ Home ](https://www.adeo.com/en/home/)\n * [ A positive place ](https://www.adeo.com/en/a-positive-place/)\n * [ To live ](https://www.adeo.com/en/to-live/)\n\n * [ Acting together ](https://www.adeo.com/en/acting-together/)\n * [ The ADEO collective ](https://www.adeo.com/en/the-adeo-collective/)\n * [ ADEO in the world ](https://www.adeo.com/en/adeo-in-the-world/)\n * [ Ethical Commitments ](https://www.adeo.com/en/ethical-commitments/)\n * [ Press area ](https://www.adeo.com/en/press-area/)\n * [ ADEO on LinkedIn ](https://www.linkedin.com/company/groupe-adeo/)\n * [ Linkedin ](https://www.linkedin.com/company/groupe-adeo/)\n\n * [ **Need** a contact ](https://www.adeo.com/en/need-a-contact/)\n\n[ Press area ](press-area/)\n\n * [ We ](https://www.adeo.com/en/we/)\n * [ Make ](https://www.adeo.com/en/make/)\n * [ Home ](https://www.adeo.com/en/home/)\n * [ A positive place ](https://www.adeo.com/en/a-positive-place/)\n * [ To live ](https://www.adeo.com/en/to-live/)\n\nMeeting the collective for a positive home\n\n[ ](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/) [\n](https://www.adeo.com/en/the-adeo-collective/)\n\nIn the spotlight\n\nObramax Professionals Academy: Over 47,000 professionals trained!\n\nFounded in 2018 alongside the opening of the first Obramax store in Brazil,\nthe Obramax Professionals Academy has established itself as a key driver of\ntransformation in the construction sector. Over the past seven years, more\nthan 47,000 professionals have been trained, including 12,000 in 2024 alone.\nThis growth reflects the impact of the initiatives implemented, which focus\non\u2026\n\n[ Read more ](https://www.adeo.com/en/news/obramax-professionals-academy/)\n\n## Our latest news\n\n[ All our news ](https://www.adeo.com/en/acting-together/ \"Agir ensemble\")\n\n### [ The Entrepreneur Campus: revealing the spirit of entrepreneurship Read\nthe article ](https://www.adeo.com/en/news/the-weldom-entrepreneur-campus/)\n### [ Obramax Professionals Academy: Over 47,000 professionals trained! Read\nthe article ](https://www.adeo.com/en/news/obramax-professionals-academy/)\n### [ The ADEO marketplace: a major asset for ADEO customers, partners and\nbusinesses Read the article ](https://www.adeo.com/en/news/the-adeo-\nmarketplace/) ### [ ENKI, for a smarter efficient home Read the article\n](https://www.adeo.com/en/news/enki-a-technology-available-to-all/) ### [\nLeroy Merlin Spain introduces its Hogami marketplace Read the article\n](https://www.adeo.com/en/news/hogami-by-leroy-merlin-spain-a-marketplace-\nwhere-you-will-find-services-and-housing-professionals/) ### [ Circular\nEconomy: the real commitment of ADEO companies Read the article\n](https://www.adeo.com/en/news/circular-economy-the-real-commitment-of-adeo-\ncompanies/) ### [ \u201cWith Home Index, the customer becomes actor of their\nconsumption\u201d Read the article ](https://www.adeo.com/en/news/with-home-\nindex-the-customer-becomes-actor-of-their-consumption/) ### [ The photovoltaic\nmarket: an opportunity for sustainable growth Read the article\n](https://www.adeo.com/en/news/the-photovoltaic-market-an-opportunity-for-\nsustainable-growth/) ### [ 8 million thermal strainers in France Read the\narticle ](https://www.adeo.com/en/news/thermal-strainers-energy-intensive-\nhomes-due-to-poor-insulation-in-france-a-major-concern-in-the-fight-against-\nclimate-change/) ### [ \u201cOur desire to be Human First is expressed through\nconcrete actions to improve the health and well-being of our employees\u201d Read\nthe article ](https://www.adeo.com/en/news/employee-well-being-and-health-\ntwo-priorities-for-adeo/)\n\n[ All our news ](https://www.adeo.com/en/acting-together/ \"Agir ensemble\")\n\n## Our reports and documents\n\n[ All our documents ](https://www.adeo.com/en/press-area/ \"Press area\")\n\n### [ ADEO chooses Axionable and Sweep for its Positive Transformation ADEO\nchooses Axionable and Sweep for its Positive Transformation ADEO chooses\nAxionable and Sweep, the carbon and ESG data management platform to accelerate\nits transformation into a positive-impact company.\u2026 Read the press release\n](https://www.adeo.com/en/press/adeo-chooses-axionable-and-sweep-for-its-\npositive-transformation/) ### [ ADEO renews its partnership with the Solar\nImpulse Foundation ADEO renews its partnership with the Solar Impulse\nFoundation Driven by its commitment to making positive homes accessible, ADEO\nis renewing its partnership with the Solar Impulse Foundation. The\npartnership,\u2026 Read the press release ](https://www.adeo.com/en/press/adeo-\nrenews-its-partnership-with-the-solar-impulse-foundation/) ### [ ADEO launches\nits first connected charging station Issue de sa collaboration avec Mobilize,\nADEO lance sa premi\u00e8re borne de recharge connect\u00e9e, fabriqu\u00e9e en France et\ncommercialis\u00e9e chez Leroy Merlin. Read the press release\n](https://www.adeo.com/en/press/adeo-launches-its-first-connected-charging-\nstation/) ### [ Solidarity at the heart of our actions Solidarity is one of\nour values and is expressed in all our Companies. In relation to the war in\nUkraine, we were able to demonstrate the strength of our\u2026 Read the report\n](https://www.adeo.com/en/press/solidarity-at-the-heart-of-our-actions/) ### [\nOverview ADEO 2023 Discover our Overview 2023, a detailed overview of our\nbusiness, including our key figures for 2023, our brands, our vision, our\ninternational presence, our organisational structure and our strategy as\u2026\nRead the report ](https://www.adeo.com/en/press/overview-our-2023-key-\nfigures/) ### [ 2023 Extra-Financial Performance Declaration ADEO's mission\nis \"We make home a positive place to live\", and we believe that becoming a\npositive-impacts company is essential to the long-term future of our business\nand the\u2026 Read the report ](https://www.adeo.com/en/press/2023-extra-\nfinancial-performance-declaration/) ### [ ADEO 2023 vigilance plan The ADEO\n2023 Vigilance Plan plan aims to identify and prevent the risks of serious\nviolations of human rights and fundamental freedoms, the health and safety of\nindividuals and the\u2026 Read the report\n](https://www.adeo.com/en/press/adeo-2023-vigilance-plan/) ### [ Due to a\nmedical reason, Philippe Zimmermann hands over the reins to Thomas Bouret as\nADEO Chief Executive Officer With the support of shareholder AFM, Thomas\nBouret will succeed Philippe Zimmermann as Chief Executive Officer of the ADEO\nGroup from 1 January 2024. Philippe Zimmermann will take over as\u2026 Read the\npress release ](https://www.adeo.com/en/press/due-to-a-medical-reason-\nphilippe-zimmermann-hands-over-the-reins-to-thomas-bouret-as-adeo-chief-\nexecutive-officer/) ### [ Alinea plans to take over Z\u00f4dio to form a single\nbrand Just over 15 years after creating Z\u00f4dio, ADEO considers selling the\ncompany to Alinea. The aim of this merger project of two companies which\noperate in the same shareholder\u2026 Read the press release\n](https://www.adeo.com/en/press/alinea-plans-to-take-over-zodio-to-form-a-\nsingle-brand/) ### [ Overview ADEO 2022 An overview of ADEO and its companies\nin 2022 Read the report ](https://www.adeo.com/en/press/overview-adeo-2022/)\n\n[ All our documents ](https://www.adeo.com/en/press-area/ \"Press area\")\n\n## Getting to know Adeo better\n\n[ #Culture Sharing is at the heart of our culture Read the article\n](https://www.adeo.com/en/discover/sharing-is-at-the-heart-of-our-culture/) [\n#OurManifesto Making our solutions for a positive home accessible Read the\narticle ](https://www.adeo.com/en/discover/making-our-solutions-for-a-\npositive-home-accessible/) [ #Positive Making our homes positive places to\nlive Read the article ](https://www.adeo.com/en/discover/making-our-homes-\npositive-places-to-live/) [ #Culture Our DNA: sharing Read the article\n](https://www.adeo.com/en/discover/our-dna-sharing/) [ #InhabitantsBrand\nOffer products with positive impacts Read the article\n](https://www.adeo.com/en/discover/offer-products-with-a-positive-impact/) [\n#HumanFirst The ADEO platform, a unique model Read the article\n](https://www.adeo.com/en/discover/the-adeo-platform-a-unique-model/) [\n#Leadership 110,000 Leaders of a Positive Future Read the article\n](https://www.adeo.com/en/discover/110000-leaders-of-a-positive-future/) [\n#SafetyFirst Safety First Read the article\n](https://www.adeo.com/en/discover/safety-first/) [ #Positive For positive\nhuman and environmental impacts Read the article\n](https://www.adeo.com/en/discover/for-positive-human-and-environmental-\nimpacts/)\n\n## Newsroom\n\nStay tuned and read our various publications\n\n[ Access to the newsroom ](https://www.adeo.com/en/press-area/ \"Press area\")\n\nDo you need a helping hand?\n\n## Do you need a helping hand?\n\n[ I want to access the press area ](https://www.adeo.com/en/press-area/) [\nDiscover our Human First commitments\n](https://www.adeo.com/en/discover/sharing-is-at-the-heart-of-our-culture/) [\nUnderstanding our strategy ](https://www.adeo.com/en/discover/making-our-\nsolutions-for-a-positive-home-accessible/) [ Discover our actions for the home\n](https://www.adeo.com/en/discover/making-our-homes-positive-places-to-live/)\n[ Know ADEO\u2019s ethical commitments ](https://www.adeo.com/en/ethical-\ncommitments/) [ Understanding how ADEO designs its products\n](https://www.adeo.com/en/discover/offer-products-with-a-positive-impact/) [\nDiscover our culture of sharing ](https://www.adeo.com/en/discover/our-dna-\nsharing/) [ I want to understand what an ADEO leader is\n](https://www.adeo.com/en/discover/110000-leaders-of-a-positive-future/) [\nLearn about the Safety First initiatives\n](https://www.adeo.com/en/discover/safety-first/) [ Discover the ADEO model\n](https://www.adeo.com/en/discover/the-adeo-platform-a-unique-model/) [\nUnderstanding the impacts of ADEO ](https://www.adeo.com/en/discover/for-\npositive-human-and-environmental-impacts/) [ Discover the ADEO retail brands\n](https://www.adeo.com/en/adeo-in-the-world/) [ Learn more about ADEO\n](https://www.adeo.com/en/#brands) [ Discover the history of ADEO\n](https://www.adeo.com/en/#timeline) [ Get the latest news\n](https://www.adeo.com/en/acting-together/) [ Get in touch with ADEO retail\nbrands ](https://www.adeo.com/en/adeo-in-the-world/)\n\n## ADEO retail brands\n\n### Leroy Merlin\n\nWith Leroy Merlin, we help inhabitants around the world with all their home\nimprovement projects, from renovations and extensions, to decoration and\nrepairs\u2026 We offer a wide range of DIY and professional solutions that cover\nplumbing, lighting, heating, electricity, sanitation, security, cooking,\ngardening and much more.\n\n### M: THE PROFESSIONAL BRAND\n\nWith Bricoman, Obramat, Obramax and Tecnomat, we offer building materials,\nequipment, professional tools, services and advice to help professionals carry\nout home improvement projects for their customers.\n\n### Weldom\n\nWith Weldom and our powerful network of local stores in France, we are\ncommitted to providing a solution for every DIY need \u2013 because replacing will\nnever be as economical or environmentally-responsible as repairing,\nmaintaining and improving.\n\n### Saint Maclou\n\nWith Saint Maclou, our brand specialising in the sale and installation of\nfloor coverings in France, we help inhabitants to choose and carry out their\nprojects through a dedicated offer and a network of artisans and fitters.\n\n### Bricocenter\n\nWith Bricocenter, we make DIY easier for everyone by offering all the\nessential products, in conveniently located outlets staffed by versatile teams\nwith local knowledge and extensive expertise. For inhabitant, our local stores\nin Italy are synonymous with time savings, ease of purchase and service\nquality.\n\n### Kbane\n\nWith Kbane, we offer sustainable and efficient solutions to optimise your\ncomfort by saving energy. Humanity is living through a major environmental\ndisruption with a growing scarcity of our resources. Housing is a major energy\nconsumer. Heating is becoming increasingly expensive. This has a strong impact\non the purchasing power of inhabitants. Improving the energy efficiency of\nhousing is therefore a real challenge of our time.\n\n### Naterial\n\nThe brand for outdoor living, create, organise, decorate and make the most of\nall your outdoor spaces (gardens, patios, courtyards, balconies\u2026).\n\n### Isoxa\n\nThe specialist brand for external doors and windows. Improve your thermal and\nacoustic protection while feeling safe and secure in your home.\n\n### Artens\n\nThe product brand that provides floor and wall coverings as well as solutions\nfor all door and window openings, you can be sure of both a decorative and\ndurable result.\n\n### Dexter\n\nThe brand of tools necessary for all work around the home, carry out your jobs\nwith maximum comfort, ease and safety.\n\n### Luxens\n\nThe brand for paint, decorating, stain and varnish products, maintain,\nembellish and decorate inside and outside.\n\n### Inspire\n\nThe inspirational decorating brand that allows you to personalise and\nharmonise your entire home. Get inspired and create an interior you feel good\nin, a place you are proud of.\n\n### Delinia\n\nThe kitchen equipment brand that adapts to your tastes and needs, design your\nkitchen the way you want it.\n\n### Equation\n\nThe trusted brand for heating, air-conditioning and water treatment equipment,\nmake your home comfortable, healthy and safe while saving energy.\n\n### Sensea\n\nThe brand for bathroom and toilet fittings, you can make the most of your\nspace according to your needs.\n\n### Lexman\n\nThe brand for electrical, power supply and control devices, you can enjoy a\nsafe, reliable and efficient system in your home.\n\n### Sterwins\n\nThe brand of ergonomic and reliable electric tools, maintain your garden in a\nsimple and efficient way.\n\n### Spaceo\n\nThe brand for storage solutions, be inspired and find ideas and practical and\naesthetic solutions to store everything in your home.\n\n### Standers\n\nThe hardware brand, find practical solutions that can be used in your home.\n\n### Axton\n\nThe Brand for products which enable me to carry out my DIY works. Thanks to\nthese products you can insulate, waterproof, fix, glue, treat, protect and\nclean.\n\n### Geolia\n\nThe gardening equipment brand, maintain and care for your plants and cultivate\nyour garden easily, season after season, in complete safety and while\nprotecting nature.\n\n## We are the leading player for a positive home in the **world**\n\n[ ADEO in the world ](https://www.adeo.com/en/ \"We make home a positive place\nto live\")\n\n6 \nRETAIL BRANDS \nfor the positive home, \nthat represent a unique combination worldwide\n\n7 \nMARKETPLACES \noffering a wider choice of products \nfor home improvement\n\n1 MILLION \nPARTNERS \nwho we work with worldwide to make the home a more positive to live\n\n110 000 \nENTREPRENEURIAL LEADERS \nfree to act in order to be useful to ourselves, to others and to the world\n\n1000 \nPOINTS \nOF SALE \nanchored in territories \nin close proximity to inhabitants\n\n505 \nMILLION CUSTOMERS SERVED \nwho we support \nin accomplishing their projects for the home\n\n21 \nCOUNTRIES \nwhere we help inhabitants \nin making their home projects become a reality\n\n## A century of **positive** stories\n\n1920\n\n1930\n\n1940\n\n1950\n\n1960\n\n1970\n\n1980\n\n1990\n\n2000\n\n2010\n\n2020\n\n### The beginning of a long family story\n\nIn 1921, Adolphe Leroy senior opens the first \u201cStock Am\u00e9ricain\u201d in France,\nselling American surplus goods, in the county of Pas-de-Calais. At the time,\nthe \u201cStock Am\u00e9ricain\u201d stores offer all manner of materials, directly to\nprivate individuals, to build and improve their homes. In the natural course\nof family affairs, Adolphe hands over the reins to his son, also named Adolphe\nLeroy, and his daughter-in-law, Rose Merlin.\n\n### Inventing a model\n\nThe company flourishes throughout the region in the north of France. Adolphe\nand Rose launch mail order sales and publish their first catalogue presenting\nthe products and enabling them to achieve half their revenues. The business\nexperiences a period of prosperity and continues to create jobs, becoming an\nexample for all. From this point on, Adolphe Leroy emerges as a key player in\nthe life of the town of Noeux-les-Mines. The company employs around fifty\npeople and is running at full throttle.\n\n### Rebuilding the company\n\nDuring World War II, the company maintains a minimum activity building\nchalets. Like the rest of the country at this time, the company is surviving\nas though on hold. Upon liberation, in September 1944, Adolphe finds himself\nin a similar situation to that of his father in 1919 and must rebuild. It\u2019s\nthe start of the \u2018Glorious Thirty\u2019 (1945-1975) and Adolphe Leroy is determined\nto help rebuild the country. He acquires new goods and opens three new stores.\nHe now sells complete homes: the company is off to a new start.\n\n### Developing the business\n\nIn the early 1950\u2019s, the products, mostly paint, are marketed under the\ncompany\u2019s brand name \u201cStock Am\u00e9ricain\u201d. This option, quite original for its\ntime, confirms the distinctiveness of a name. Following on from this, the\ncompany functions in two ways in terms of procurement: the purchase of goods\nby batch, the method favoured by Adolphe, but also through a range of\npermanent, own-brand goods. In 1958, our companies begin their national\nexpansion by opening stores in Longueau, in Bruay la Buissi\u00e8re and in\nMerlimont.\n\n### Transforming the model\n\nWith the baby-boom, France needs more housing. The first supermarkets open,\nretail is changing. It\u2019s a time of pleasure and leisure: consumerism explodes.\nA new era, a new name! The sons of Adolphe and Rose rename the company and the\nLeroy Merlin brand is born. Kitchenware, DIY, household appliances, home\ngoods: Leroy Merlin sells \u201ceverything under the same roof\u201d and launches a new\nconcept: the self-service. It continues to focus on price, choice and service.\nTo broaden its customer-base to include families, the retail brand launches\nits first slogan: \n\u201cL\u2019Enchanteur Leroy Merlin\u201d (Leroy Merlin the Enchanter)\n\n### Opening up to new horizons\n\nLeroy Merlin is tremendously popular. Each store opening is a veritable event\nfor the population. But as times gradually change at the end of the \u201cGlorious\nThirty\u201d, societal problems emerge in the country and the Leroy brothers seek a\nnew partner. \nIn 1979, AFM (Association Familiale Mulliez) buys into the company\u2019s capital\nfor 50% before its total acquisition in 1980\n\n### Sharing a culture\n\nIt\u2019s a time of globalisation, Leroy Merlin adapts and simplifies its ranges,\nand focuses on DIY, home improvement and decorating for all. \nIt is also a time of sharing. \nHaving introduced profit sharing and the progress bonus, employees become\ncompany shareholders in 1986 with Valaction, to become Valadeo in 2007. They\nparticipate in and share its benefits (Ownership) and in particular they share\ntogether the Will, the Knowledge and the Ability. \nSharing becomes a genuine company culture.\n\n### Committing to a common future\n\nNow well established on the decorating and home improvement market, Leroy\nMerlin is the first company to launch an unprecedented initiative: Vision.\nEmployees are invited to imagine the future of the company in 10 years, a co-\nconstruction dynamic and a new participatory management style are established.\nThe stores reinvent themselves, customer-listening is introduced and new\nservices emerge: goods pick-up, telephone assistance, the \u2018Carte Maison\u2019\nloyalty card. \nAt the same time, Leroy Merlin becomes a federation of independent companies\nand embarks upon its international development with the opening, in 1989, of\nan initial store in Spain and the acquisition of the Belgian retail brand\nBricoman.\n\n### Offering our solutions to all\n\nThe Leroy Merlin Group continues its expansion by opening stores in Russia,\nBrazil, Spain, Italy, Poland, Portugal, Greece and China. \nIn 2004, Obramat in Spain, Bricocenter in Italy, Aki in Spain and Portugal and\nWeldom in France all join the Group. In 2007, the Leroy Merlin Group becomes\nADEO, which means \u201cmoving towards\u201d in Latin, to better reflect the diversity\nof its activities and its ambition. ADEO still continues to grow through the\nacquisition of 60 Castorama stores in Italy.\n\n### Moving towards omnichannel\n\nIn a society where social networks and e-commerce are soaring, becoming\naccessible and demonstrating real usefulness, ADEO resolutely decides to\ntransform itself into a omnichannel and collaborative group. From \u201ceverything\nunder the same roof\u201d to \u201ceverything under the same finger\u201d, the new nascent\nmodel combines physical and digital formats. \nIn 2017, as the no.1 player in Europe and no.3 on the international stage,\nADEO pursues its new course and opens up to its ecosystems to build the\nWorldwide Platform for a Positive Home \u201cUseful to ourselves, to others and to\nthe world\u201d and offers comprehensive solutions to inhabitants, from the product\nto its installation.\n\n### Reinventing itself faced with the world's challenges\n\nImproving the place we live is an extraordinary mission. ADEO\u2019s desire is to\nact with responsibility, by contributing to a better human, economic and\nenvironmental balance, by being USEFUL to inhabitants around the world. ADEO\nis committed to homes, neighbourhoods, cities, a Planet, that are more\nrespectful and better-suited to the needs of inhabitants. This home, in order\nto be useful to the world, must be positive, which means more frugal in energy\nand water, healthier, with products from sustainable resources and\nmanufactured in respect of people in an environmentally friendly manner. The\ninclusion of the positive dimension in all the company\u2019s actions is embodied\nby the \u201cWe Make It Positive\" initiative, which involves the entire ADEO\necosystem (employees, customers, suppliers, partners, associations, etc.) on\nthe path to more sustainable solutions.\n\n[ ADEO ](https://www.adeo.com/en/)\n\nen\n\n * [ fr ](https://www.adeo.com/ \"Fran\u00e7ais \\(French\\)\")\n * [ it ](https://www.adeo.com/it/ \"Italiano \\(Italian\\)\")\n * [ es ](https://www.adeo.com/es/ \"Espa\u00f1ol \\(Spanish\\)\")\n * [ pt ](https://www.adeo.com/pt-pt/ \"Portugu\u00eas \\(Portuguese \\(Portugal\\)\\)\")\n * [ br ](https://www.adeo.com/pt-br/ \"Portugu\u00eas \\(Portuguese \\(Brazil\\)\\)\")\n * [ el ](https://www.adeo.com/el/ \"\u0395\u03bb\u03bb\u03b7\u03bd\u03b9\u03ba\u03ac \\(Greek\\)\")\n * [ pl ](https://www.adeo.com/pl/ \"Polski \\(Polish\\)\")\n * [ ro ](https://www.adeo.com/ro/ \"Rom\u00e2n\u0103 \\(Romanian\\)\")\n * [ uk ](https://www.adeo.com/uk/ \"\u0423\u043a\u0440\u0430\u0457\u043d\u0441\u044c\u043a\u0430 \\(Ukrainian\\)\")\n\n * [ **Need** a contact ](https://www.adeo.com/en/need-a-contact/)\n\n * [ We ](https://www.adeo.com/en/we/)\n * [ Make ](https://www.adeo.com/en/make/)\n * [ Home ](https://www.adeo.com/en/home/)\n * [ A positive place ](https://www.adeo.com/en/a-positive-place/)\n * [ To live ](https://www.adeo.com/en/to-live/)\n\n * [ Acting together ](https://www.adeo.com/en/acting-together/)\n * [ The ADEO collective ](https://www.adeo.com/en/the-adeo-collective/)\n * [ ADEO in the world ](https://www.adeo.com/en/adeo-in-the-world/)\n * [ Ethical Commitments ](https://www.adeo.com/en/ethical-commitments/)\n * [ Press area ](https://www.adeo.com/en/press-area/)\n * [ ADEO on LinkedIn ](https://www.linkedin.com/company/groupe-adeo/)\n * [ Linkedin ](https://www.linkedin.com/company/groupe-adeo/)\n\n * [ Legal Notices ](https://www.adeo.com/en/legal-notices/)\n * [ Cookies Policy ](https://www.adeo.com/en/cookies-policy/)\n * [ Data Privacy Policy ](https://www.adeo.com/en/data-privacy-policy/)\n * Cookie Settings \n * [ Accessibility statement ](https://www.adeo.com/en/accessibility-statement/)\n\n",
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Read more. 09 Jan 2024 AI ](/en_ro/insights/supply-chain/how-generative-ai-in-supply-chain-can-drive-value)\n\n[ My EY ](https://login.ey.com/myey/home \"My EY\") [ My EY\n](https://login.ey.com/myey/login \"My EY\")\n\n__\n\nSelect your location\n\n__\n\nLocal sites\n\nPress release\n\n19 Dec 2024\n\n# EY advised Kingfisher on the divestment of Brico D\u00e9p\u00f4t Romania to Altex\n\nPress contact\n\n[ EY Rom\u00e2nia ](/en_ro/people/ey)\n\nOrganiza\u021bie de servicii profesionale\n\n * * [ Open X profile of EY Rom\u00e2nia ](https://twitter.com/EY_Romania \"Open X profile of EY Rom\u00e2nia\")\n * [ Open LinkedIn profile of EY Rom\u00e2nia ](https://www.linkedin.com/company/ernstandyoung \"Open LinkedIn profile of EY Rom\u00e2nia\")\n\nRelated topics\n\n[ Strategy and Transactions ](/en_ro/services/strategy-transactions)\n\n * Facebook \n * Twitter \n * LinkedIn \n * Link Copied \n\nEY Romania is privileged to advise Kingfisher, an international home\nimprovement company with over 2,000 stores and 78,000 employees, on the agreed\nsale of Brico D\u00e9p\u00f4t Romania to Altex, market leader of the Romanian electro-IT\nretail sector.\n\nDuring the EY-led process, the team provided full sell-side M&A assistance,\nstructuring and coordinating the execution of the transaction.\n\nBrico D\u00e9p\u00f4t Romania has the 2 nd largest store network on the Romania DIY\nretail market, having entered the country in 2013 via its acquisition of\nBricostore Romania and further expanding in 2017 through its acquisition of\nlocal Praktiker operations. Brico D\u00e9p\u00f4t\u2019s stores are designed to maximise\ncustomer shopping experience and address all DIY, DIFM and trade needs under\none roof. The network is supported by a strong omnichannel proposition\u200b and an\nagile centralized headquarters.\n\nFounded in 1992, Altex is Romania's market leader in electro IT retail and one\nof the largest and most recognisable Romanian brands. It currently operates\n135 stores under two brands (Altex and Media Galaxy) in around 70 cities,\ncovering all of Romania\u2019s 42 counties.\n\nEY\u2019s multi-jurisdictional team provided end-to-end M&A advisory with an\nintegrated service offering covering the full spectrum of sell-side assistance\nservices, including vendor financial and tax due diligence, as well as SPA\nadvisory and operational separation services. The successful execution of the\nannounced transaction is owed to EY\u2019s multi-disciplinary approach and globally\nintegrated network.\n\nRelated news\n\n* __\n\n* * *\n\nEY logo\n\n * [ Connect with us ](/en_ro/about-us/connect-with-us) \n\n * [ Our locations ](/en_ro/locations)\n * [ My EY ](https://login.ey.com/)\n * [ Site map ](/en_ro/functional/sitemap)\n * [ Legal and privacy ](/en_ro/legal-and-privacy)\n\n * [ Open Facebook profile ](http://www.facebook.com/pages/Ernst-Young/195665063800329 \"Open Facebook profile\")\n * [ Open X profile ](http://twitter.com/EYnews \"Open X profile\")\n * [ Open LinkedIn profile ](https://www.linkedin.com/company/1073 \"Open LinkedIn profile\")\n * [ Open Youtube profile ](http://www.youtube.com/ernstandyoungglobal \"Open Youtube profile\")\n\nEY refers to the global organization, and may refer to one or more, of the\nmember firms of Ernst & Young Global Limited, each of which is a separate\nlegal entity. Ernst & Young Global Limited, a UK company limited by guarantee,\ndoes not provide services to clients.\n\nYou are visiting EY ro (en)\n\nro en\n\n",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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"reason": "This page explicitly mentions 'Brico' in the context of Brico Depot Romania, a home improvement retailer. The source is a reputable professional services firm (EY), suggesting a high degree of accuracy. The content is factual and related to a business transaction. Therefore, the reliability score is 0.8.",
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"summary": "This page explicitly mentions 'Brico' in the context of Brico Depot Romania, a home improvement retailer. The source is a reputable professional services firm (EY), suggesting a high degree of accuracy. The content is factual and related to a business transaction.",
"url": "https://www.ey.com/en_ro/newsroom/2024/12/ey-advised-kingfisher-on-the-divestment-of-brico-depot-romania-to-altex"
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"page_content": "Skip to content\n\n * [ RECRUITMENT ](https://www.groupe-briconord.com/en/recruitment/)\n * [ CONTACT ](https://www.groupe-briconord.com/en/contact/)\n * [ ](https://www.groupe-briconord.com/nl/nieuws/de-mvo-aanpak-binnen-de-briconord-groep/)\n * [ ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ ](https://www.groupe-briconord.com/actualites/la-demarche-rse-au-sein-du-groupe-briconord/)\n\n__ Top bar Anglais\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n# The CSR approach within the Briconord Group\n\nYou are here:\n\n 1. [ Home ](https://www.groupe-briconord.com/en/ \"Home\")\n 2. [ NEWS ](https://www.groupe-briconord.com/en/category/news/ \"NEWS\")\n 3. The CSR approach within the\u2026 \n\n[ Apr 11 2023 ](https://www.groupe-briconord.com/en/2023/04/11/ \"10h49\")\n\n[ NEWS ](https://www.groupe-briconord.com/en/category/news/)\n\n> More than ever, the theme of CSR, corporate social responsibility, is in the\n> air. The Briconord Group positions itself as an active player in the\n> evolution of the industry towards greater responsibility and commitment.\n> Numerous actions have been put in place to meet the environmental challenges\n> of developing sustainable offers and reducing the overall impact of the\n> industrial sector on the environment. It is with this deep commitment that\n> the Group is evolving to build the industry of tomorrow.\n\n## Interview with the CEO of the Group Christian Guillou\n\n### _Why implement a CSR approach in the company?_\n\nCSR (Corporate Social Responsibility) is one of the fundamental pillars in the\nconduct of all activities of a responsible company. For the Briconord Group,\nit is therefore a question of carrying out our activities by contributing to a\nresponsible development approach that pushes towards greater sustainability\nand the implementation of factual, measurable and verifiable practices for all\nour activities. This virtuous eco-citizen and social policy is fully in line\nwith our logic of development and to better respond to environmental and\nsocial issues such as: the development of sustainable product offers, the\nreduction of the global impact of the sector on the environment, the well-\nbeing of our employees and the impact that we have on the territories where we\nare established\n\n### _What is Briconord\u2019s CSR approach based on?_\n\nOur CSR approach is based on four pillars that stem from the United Nations\u2019\nSustainable Development Goals (SDGs): human and social responsibility,\ncorporate responsibility, well-being at work and environmental protection.\n\n### _How should each employee of the Briconord Group be involved?_\n\nFor each of the pillars, there are commitments and expected actions. The\nsuccess of this approach can only be achieved through individual initiative\nand committed behaviour. For it to work, a good CSR approach must be validated\nand supported by all the players in the company: from management, to the\nsupport and sales functions, via manufacturing, supply and logistics, etc.,\nbut also our suppliers and other partners.\n\n### _What example can you give us of the importance of this approach?_\n\nWhen we bid on tenders for our major clients, we have to demonstrate what we\nare doing in terms of CSR. For example, the calculation of the carbon\nfootprint of our products, our eco-design logic, or the consideration of the\nfuture of our products from their design to their \u201cend of life\u201d. It is also\nnoted that the recycling channels at our various sites have been set up\nefficiently.\n\n### _What is the agenda around this approach within the Group?_\n\nPresentation meetings are organised from April onwards in all company\ndepartments with the delivery of a reference document. Our aim is to be able\nto explain the process to everyone, because it is the action of everyone that\nwill ensure the success of our actions. As such, in each company of the Group,\nthere is a CSR manager who coordinates the approach, serves as a reference and\naccompanies the operational staff for the CSR initiatives.\n\n### _What are the main problems we may encounter?_\n\nIt is important not to get lost in a multitude of actions without objectives.\nThe approach will be introduced gradually, with the aim of achieving tangible\nand measurable results with quantitative and qualitative indicators. It is\nimportant to find the right balance so that all stakeholders benefit, but also\nto be particularly uncompromising on ethical aspects, environmental criteria\nand social progress. The CSR approach is a new way of looking at our business.\nIt will enable us to respond to the various challenges and thus better ensure\nthe long-term future of our Group.\n\n### _To conclude, what is your objective for the CSR approach?_\n\nThe group is committed to this approach with the aim of being a responsible\nplayer in home improvement and hardware and building sustainable growth. This\nobjective is reflected in the headline of our document: \u201cOur commitment to\ntomorrow\u2019s performance\u201d.\n\n**[ Download the BRICONORD Group CSR Charter (PDF) ](https://www.groupe-\nbriconord.com/wp-content/uploads/2023/03/CharteRSE-GroupeBriconord-EN.pdf) **\n\nCategory: [ NEWS ](https://www.groupe-briconord.com/en/category/news/) [ By\nGroupe Briconord ](https://www.groupe-briconord.com/en/author/admin7502/\n\"View all posts by Groupe Briconord\") [ 11 April 2023 ](https://www.groupe-\nbriconord.com/en/2023/04/11/ \"10h49\")\n\n#### Author: Groupe Briconord\n\n[ https://www.groupe-briconord.com ](https://www.groupe-briconord.com)\n\n### Related posts\n\n[ ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-\nawarded/)\n\n[ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-\nbriconord.com/en/news/cf-news-grand-prix-briconord-awarded/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n\n[ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-\nbriconord.com/en/news/renoporte-new-and-successful/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-\ngedimat/)\n\n[ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-\nbriconord.com/en/news/norail-nordlinger-are-at-gedimat/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-\nwebsite/)\n\n[ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-\nbriconord.com/en/news/starblock-new-look-for-a-new-website/) \n11 January 2023\n\n[ ](https://www.groupe-briconord.com/en/news/development-of-e-commerce-teams/)\n\n[ Development of e-commerce teams ](https://www.groupe-\nbriconord.com/en/news/development-of-e-commerce-teams/) \n11 January 2023\n\n[ ](https://www.groupe-briconord.com/en/news/briconord-group-on-the-smart-\ncroissance-programme/)\n\n[ Briconord Group on the Smart Croissance programme ](https://www.groupe-\nbriconord.com/en/news/briconord-group-on-the-smart-croissance-programme/) \n3 February 2022\n\n## The latest news\n\n * [ The CSR approach within the Briconord Group ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-awarded/)\n * [ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n * [ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-gedimat/)\n * [ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-website/)\n\n[ Contact ](https://www.groupe-briconord.com/contact/)\n\n## Briconord Group\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n[ ](https://www.groupe-briconord.com/en/)\n\n[ Privacy Policy ](https://www.groupe-briconord.com/en/privacy-policy/) \\- [\nCookies ](https://www.groupe-briconord.com/en/cookie-policy/) \\- 2025\nBriconord Group\n\nGo to Top\n\n",
"url": "https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/"
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"summary": "Official website of Brico Nord Group, discussing their CSR approach.",
"url": "https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/"
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"source": "https://business-review.eu/business/human-resources/brico-depot-the-first-home-improvement-retailer-in-romania-certified-as-top-employer-2023-240949"
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"page_content": "[ Human Resources ](https://business-review.eu/category/business/human-\nresources)\n\n# Brico D\u00e9p\u00f4t, the first home improvement retailer in Romania certified as\nTop Employer 2023\n\n[ Aurel Constantin ](https://business-review.eu/author/aurel-constantin) 30/01/2023 | 15:50 \n\n[ Twitter ](http://twitter.com/share?text=Brico D\u00e9p\u00f4t, the first home\nimprovement retailer in Romania certified as Top Employer\n2023&url=https://business-review.eu/business/human-resources/brico-depot-the-\nfirst-home-improvement-retailer-in-romania-certified-as-top-\nemployer-2023-240949) [ Facebook\n](http://www.facebook.com/sharer.php?u=https://business-\nreview.eu/business/human-resources/brico-depot-the-first-home-improvement-\nretailer-in-romania-certified-as-top-employer-2023-240949) [ Linkedin\n](https://www.linkedin.com/shareArticle?mini=true&url=https://business-\nreview.eu/business/human-resources/brico-depot-the-first-home-improvement-\nretailer-in-romania-certified-as-top-employer-2023-240949)\n\n**Brico D\u00e9p\u00f4t was recognized as a Top Employer in 2023 by the Top Employers\nInstitute in the Netherlands, being the first DYI retailer with this title in\nRomania.** **Obtaining this title is proof of a sustainable, stable business\nthat operates according to high standards in terms of the commitment assumed\nin the field of human resources.**\n\n_\u201cThe Top Employer international certification is proof for us of the fact\nthat, regardless of the social or economic context in which we find ourselves,\npeople come first. It is an honor for us to be the first retailer in the field\nof home improvement in Romania to obtain this title. It is also important to\nmention that the entire success of Brico D\u00e9p\u00f4t is due to our colleagues, who\nhave demonstrated that a transparent environment and the development\nopportunities they benefit from are key elements for a healthy business,\u201d_\nsays Adela Smeu, Brico General Manager Deposit Romania.\n\n[ ](https://myhive-offices.com/en/)\n\nFollowing the evaluation, Brico D\u00e9p\u00f4t distinguished itself through processes\nand programs that optimize the employee experience in the company and that\ntarget key moments in the employee journey \u2013 from recruitment and onboarding\nto development opportunities within the company. For example, onboarding\nprograms dedicated to new employees are customized for both new colleagues in\nthe stores and for those in the company headquarters and guide them at the\nbeginning of their journey in the company, to become autonomous and confident\nin their new role.\n\nAfterwards, Brico offers them the opportunity to develop continuously, through\nactivities and learning programs dedicated to various groups of participants \u2013\nfrom the Training Catalog, which is addressed to all colleagues based on\nvoluntary enrollment, to more specialized courses, such as: Power2Store\nAcademy, addressed to management teams in stores, Digital Evolution, program\nco-founded by EU sources for the development of digital skills for colleagues\nin stores or Power2Manage, an 18-month program for middle management teams in\nthe Headquarters. In 2022, Brico offered a total of over 35,000 hours of\ntraining.\n\n[ ](https://business-review.eu/sustainability/romania-has-doubled-its-imports-\nof-recyclable-raw-materials-from-non-eu-countries-over-the-last-decade-281120)\n\nRead more about\n\n[ Romania has doubled its imports of recyclable raw materials from non-EU\ncountries over the last decade ](https://business-\nreview.eu/sustainability/romania-has-doubled-its-imports-of-recyclable-raw-\nmaterials-from-non-eu-countries-over-the-last-decade-281120)\n\n[ read more ](https://business-review.eu/sustainability/romania-has-doubled-\nits-imports-of-recyclable-raw-materials-from-non-eu-countries-over-the-last-\ndecade-281120)\n\n[ ](https://bucharest.businessgarden.eu/)\n\n_\u201cWe have an organizational culture centered on customer needs, and this\napproach also governs our relationship with colleagues. Because they are our\ninternal customers. From their first day at Brico, colleagues come into\ncontact with strategically developed programs with the aim to create an\noptimized employee experience and further to inspire, stimulate performance\nand creativity and support long-term development. Through the ecosystem of\nbenefits, wellness programs and development opportunities that we offer to our\ncolleagues, we foster and strengthen the partnership with our internal\ncustomers. Furthermore, we encourage a culture of constant feedback through\nvarious channels and instances, as well as a positive work climate where our\ndiverse colleagues feel genuinely included and can fulfill their potential,\nfeeling safe physically and mentally every day. The Top Employer certification\nis primarily thanks to all our colleagues, whom we are extremely proud of_ \u201d\nadds **Cristina Ule\u0219an, Brico D\u00e9p\u00f4t Romania Human Resources Director.**\n\nBrico achieved very good results also for its ethics and integrity framework,\nthe way in which its human resources strategy is connected with its business\none, as well as for communicating its decisions and the involvement of\nemployees in internal projects.\n\n[ ](https://www.energyexpo.ro/)\n\nAt the same time, the company\u2019s emphasis on well-being was noted \u2013 another\ninitiative dedicated to Brico D\u00e9p\u00f4t employees is the Brico SOS program, an\nassistance service for colleagues and their families, on three pillars:\npsychological, legal and financial counseling.\n\nThe Top Employers Institute in the Netherlands is one of the most important\nindependent international forums that assess the human resources practices of\ncompanies, globally. Established over 30 years ago, the Top Employers\nInstitute has certified 2,052 organizations in 121 countries/regions. The\nstudy is conducted on six pillars: governance, structures, talent attraction,\ndevelopment, commitment and unity.\n\n[ ](https://business-review.eu/br-events/working-romania-spring-2025#register)\n\n**Tags:** [ Brico D\u00e9p\u00f4t ](https://business-review.eu/tag/brico-depot) , [\nromania ](https://business-review.eu/tag/romania) , [ Top Employer\n](https://business-review.eu/tag/top-employer)\n\nFeatured article\n\n[ ](https://business-review.eu/business/retail/br-interview-auchan-retail-\nmedia-leads-third-wave-of-advertising-in-romania-279878)\n\n[ Retail & FMCG ](https://business-review.eu/category/business/retail)\n\n## [ BR Interview | Tiberiu Danetiu: Auchan Retail Media leads third wave of advertising in Romania ](https://business-review.eu/business/retail/br-interview-auchan-retail-media-leads-third-wave-of-advertising-in-romania-279878)\n\n[ ](https://myhive-offices.com/en/)\n\nLatest Issue\n\n[ ](https://business-review.eu/issues/2-2025)\n\n[ Current issue ]()\n\n## [ Issue 2/2025 ](https://business-review.eu/issues/2-2025)\n\n[ view archive \u00bb ](https://business-review.eu/issues)\n\n[ ](https://bucharest.businessgarden.eu/)\n\n[ ](https://business-review.eu/br-events/working-romania-spring-2025#register)\n\n[ ](https://www.energyexpo.ro/)\n\n[ ](https://www.gts.ro/ro/centru-date-romania/)\n\n[ ](https://track.adform.net/C/?bn=68156357;C=0)\n\nRelated\n\n[ ](https://business-review.eu/money/banking/banca-transilvania-launches-bt-\npay-italia-italian-iban-digital-card-and-instant-transfers-280791)\n\n[ Banking ](https://business-review.eu/category/money/banking)\n\n## [ Banca Transilvania launches BT Pay Italia: Italian IBAN, digital card\nand instant transfers ](https://business-review.eu/money/banking/banca-\ntransilvania-launches-bt-pay-italia-italian-iban-digital-card-and-instant-\ntransfers-280791)\n\n[ ](https://business-review.eu/business/defence/erste-group-research-boasts-\nthe-2-25-of-gdp-expenditure-for-defence-in-2024-however-just-a-small-fraction-\ngoes-to-weapons-280736)\n\n[ Defence ](https://business-review.eu/category/business/defence)\n\n## [ Erste Group Research boasts the 2.25% of GDP expenditure for defence in\n2024.... ](https://business-review.eu/business/defence/erste-group-research-\nboasts-the-2-25-of-gdp-expenditure-for-defence-in-2024-however-just-a-small-\nfraction-goes-to-weapons-280736)\n\n[ ](https://business-review.eu/property/industrial/vgp-is-strengthening-its-\nposition-in-a-rapidly-expanding-industrial-market-280569)\n\n[ Industrial ](https://business-review.eu/category/property/industrial)\n\n## [ VGP is strengthening its position in a rapidly expanding industrial\nmarket ](https://business-review.eu/property/industrial/vgp-is-strengthening-\nits-position-in-a-rapidly-expanding-industrial-market-280569)\n\n[ ](https://track.adform.net/C/?bn=68156356;C=0)\n\nBR Magazine | Latest Issue \n\n[ Magazine ](https://business-review.eu/category/magazine)\n\n## [ Download PDF: Business Review Magazine March 2025 Issue\n](https://business-review.eu/magazine/download-pdf-business-review-magazine-\nmarch-2025-issue-280301)\n\nThe March 2025 issue of Business Review Magazine is now available in digital\nformat, featuring the main cover story titled \u201cAuchan Retail Media Leads Third\nWave of Advertising in Romania.\u201d To\n\nAurel Constantin | 10/03/2025 | 16:26 \n\n[ ](https://business-review.eu/magazine/download-pdf-business-review-magazine-\nmarch-2025-issue-280301)\n\n[ ]()\n\nEditor\u2019s picks\n\n[ ](https://business-review.eu/tech/d-tech-forum-2025-victor-negrescu-calls-\non-romania-to-contribute-to-the-future-european-competitiveness-plan-281685)\n\n[ Tech ](https://business-review.eu/category/tech)\n\n## [ D-Tech Forum 2025. Victor Negrescu calls on Romania to contribute to the\nfuture European Competitiveness Plan ](https://business-review.eu/tech/d-tech-\nforum-2025-victor-negrescu-calls-on-romania-to-contribute-to-the-future-\neuropean-competitiveness-plan-281685)\n\n[ ](https://business-review.eu/tech/it/genpact-continues-investment-in-iasi-\nwith-opening-of-new-delivery-center-281676)\n\n[ IT ](https://business-review.eu/category/tech/it)\n\n## [ Genpact continues investment in Ia\u0219i with opening of new delivery center\n](https://business-review.eu/tech/it/genpact-continues-investment-in-iasi-\nwith-opening-of-new-delivery-center-281676)\n\n[ ](https://business-review.eu/tech/it/absl-eliminating-tax-incentives-and-\nlack-of-a-national-education-may-affect-romanias-long-term-\nattractiveness-281674)\n\n[ IT ](https://business-review.eu/category/tech/it)\n\n## [ ABSL: Eliminating tax incentives and lack of a national education may\naffect Romania\u2019s long-term attractiveness ](https://business-\nreview.eu/tech/it/absl-eliminating-tax-incentives-and-lack-of-a-national-\neducation-may-affect-romanias-long-term-attractiveness-281674)\n\nSubscribe to our newsletter\n\n[ctct form=\"169546\"]\n\n[ ](http://www.facebook.com/pages/Business-Review/90107703284?ref=nf) [\n](http://www.twitter.com/BR_RO) [ ](https://www.linkedin.com/company/business-\nreview/) [ ](https://www.instagram.com/businessreview_br/) [\n](https://www.youtube.com/c/business-review)\n\n[ Close \u00d7 ](javscript:void\\(0\\))\n\n * [ Events ](/events)\n * [ Magazine ](https://business-review.eu/category/magazine)\n * [ #FutureofWork ](https://business-review.eu/category/future-of-work)\n * [ #CIRCULARIO ](https://business-review.eu/category/circulario)\n * [ Interviews ](https://business-review.eu/category/profiles1/interviews-interviews)\n * [ Business ](https://business-review.eu/category/business)\n * [ Property ](https://business-review.eu/category/property)\n * [ Money ](https://business-review.eu/category/money)\n * [ Tech ](https://business-review.eu/category/tech)\n * [ Investments ](https://business-review.eu/category/investments)\n * [ Sustainability ](https://business-review.eu/category/sustainability)\n * [ Lifestyle ](https://business-review.eu/category/lifestyle)\n\nWe use cookies for keeping our website reliable and secure, personalising\ncontent and ads, providing social media features and to analyse how our\nwebsite is used.\n\n * [ Terms and conditions ](https://business-review.eu/terms-and-conditions)\n * [ Cookie Policy ](https://business-review.eu/cookie-policy)\n * [ Privacy policy ](https://business-review.eu/privacy-policy)\n\n[ Accept & continue ](javascript:void\\(0\\))\n\n[ ](javascript:void\\(0\\))\n\n",
"url": "https://business-review.eu/business/human-resources/brico-depot-the-first-home-improvement-retailer-in-romania-certified-as-top-employer-2023-240949"
},
"reason": "This page explicitly mentions 'Brico' in the context of Brico Depot Romania. The source is a business news website, suggesting a good degree of accuracy. The content is factual and related to an employer certification. Therefore, the reliability score is 0.8.",
"reliability_score": 0.8,
"search_query": "company 'Brico' employee well-being",
"summary": "This page explicitly mentions 'Brico' in the context of Brico Depot Romania. The source is a business news website, suggesting a good degree of accuracy. The content is factual and related to an employer certification.",
"url": "https://business-review.eu/business/human-resources/brico-depot-the-first-home-improvement-retailer-in-romania-certified-as-top-employer-2023-240949"
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"source": "http://www.kingfisher.com/media/news/2021/la-voix-du-nord-interview-with-alain-rabec"
},
"page_content": "skip to main content\n\n * [ Link to Home page ](/)\n * [ Link to Media page ](/media)\n * [ Link to News page ](/media/news)\n * [ Link to ](/media/news/2021/la-voix-du-nord-interview-with-alain-rabec) La Voix du Nord - Interview with Alain Rabec \n\n# La Voix du Nord - Interview with Alain Rabec\n\n20211230T100000Z\n\n## **DIY: the 'challenger', Kingfisher (Castorama), gets the colour back in\nits cheeks**\n\n**After several difficult years, the Kingfisher group (Castorama and Brico\nD\u00e9p\u00f4t DIY stores) is returning to growth and is testing new formats. We meet\nits Managing Director, Alain Rabec, at the French headquarters in\nTemplemars.**\n\n**TEMPLEMARS.** It is the \u201cchallenger\u201d on the DIY market, behind Leroy Merlin,\nwith 25% market share. Also born in the North ( _read below_ ), Castorama, now\npart of the British group, Kingfisher, with Brico D\u00e9p\u00f4t, is returning to\ngrowth. Alain Rabec, the former Managing Director of Carrefour hypermarkets (a\nbrand where he worked for thirty years), took over the general management of\nKingfisher France in October 2019. Like the group\u2019s new CEO, another\nFrenchman, Thierry Garnier. A major overhaul of the group's management after\nfour years of losses. In the past two years, eleven stores have closed in\nFrance (including Castorama Hellemmes and Brico D\u00e9p\u00f4t Coquelles) and 789 jobs\nhave been cut, but the return to growth is there. Kingfisher reported a 19.9%\nincrease in revenue in the first half year (around \u20ac8.2 billion), and even a\n24.4% increase in revenue in France (\u20ac2.8 billion). A review, with Alain\nRabec, Managing Director, of these developments.\n\n### What happened during these two years?\n\n\u201cWe travelled extensively around France to listen to our teams, our customers\nand to get back on track. With, in particular, a sales dynamic adapted to our\ntwo brands, and an enhancement of our offers\u201d.\n\n### The health crisis has benefited all DIY retailers\u2026\n\n\u201cWith the health crisis, e-commerce first grew strongly. We now have _drive-\nthroughs_ at all our points of sale. We saw the enthusiasm for DIY speed up\nduring the health crisis. The French wanted to decorate and adapt their homes.\nAnd that continues today, with the passion for the garden and for well-being\u201d.\n\n### _**\u201cThe development of convenience is the major change for business, but\nit had to be tested for DIY\u201d.** _\n\n###\n\n### What are the future developments for the group?\n\n\u201cWe believe in multi-format. In December 2020, we opened our first Casto\nSolf\u00e9rino convenience store in Lille. A small 500-m 2 format (compared to\n10,000 m 2 for a traditional store) meeting local urban demand. The test is\npromising and we will continue it by opening two other city stores in the\nParis region. The development of convenience is the major change for _retail_\n, but it had to be tested for DIY\u201d.\n\n### How are online sales doing?\n\n\u201cWe are also pushing multi-channel. We have improved our Castorama website\nwith a visual product recognition tool and 3D tools to help you design your\nkitchen. The web currently accounts for 18% of the group's turnover. It is a\nlittle lower in France, but it is growing. We are developing home delivery. We\nhave created \u201chub\u201d stores (such as Castorama Dunkirk) that allow deliveries to\ncustomers in areas where there are fewer points of sale\u201d.\n\n### As with hypermarkets, what is the future of large formats for DIY stores?\n\n\u201cThe general development of distribution requires testing in order to learn.\nIn Lormont, a few kilometres from Bordeaux, we reduced the store\u2019s size to\ncreate a clearance area. A concept that we intend to roll out, including in\nthe North. We have also reduced the surface area of the Gonesse store in the\n\u00cele-de-France region by 2,000 m 2 to improve the customer experience. Our\naim is above all to listen to the customer to continue to evolve\u201d.\n\n**Alain Rabec was interviewed by Jean-Marc Petit**\n\n****\n\n****\n\n**Casto Solf\u00e9rino, Castorama\u2019s convenience hypermarket concept, opened a year\nago in Lille. A promising format, reckons Alain Rabec.**\n\n**THE NORTHERN ROOTS OF \"CASTOR\"**\n\n * **1969:** Christian Dubois opens a first warehouse store in Englos under the \u201cCentral Castor\u201d brand, the ancestor of Castorama. \n * **1977:** launch of the first slogan that will remain in the collective memory for a long time: _\u201cAt Casto, there\u2019s everything you need\u201d._\n * **1984:** Castorama moves its headquarters from Englos to Templemars. \n * **1993:** launch of the website, with 5,000 products. \n * **2001:** the British group, Kingfisher, becomes the majority shareholder of Castorama and Brico D\u00e9p\u00f4t. \n\nToday, in France, Kingfisher has 21,000 employees and more than \u20ac5 billion in\nturnover, with 92 Castorama stores (12,536 employees) and 123 Brico D\u00e9p\u00f4t\nstores (9,113 employees). In the Nord and Pas-de-Calais d\u00e9partements,\nKingfisher employs 3,400 people in 9 Castorama and 10 Brico Depot stores.\n\n### Latest news\n\n[ View all ](/media/news)\n\n{{ item.date }}\n\n{{ item.title }}\n\nRead more __\n\nNo Results found\n\nCompany number 01664812\n\nRegistered in England, \n1 Paddington Square, \nLondon W2 1GG\n\nQuick links\n\n * [ About ](/about-us)\n * [ Our banners & brands ](/our-banners-and-brands)\n * [ Investors ](/investors)\n * [ Media ](/media)\n * [ Responsible Business ](/responsible-business)\n * [ Annual Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2025/Kingfisher-Annual-Report-2024-25.pdf \"PDF, 10.0MB opens in a new window\")\n * [ Responsible Business Report ](/~/media/Files/K/Kingfisher-Plc/Universal/investors/result-reports-presentation/2024/kingfisher-responsible-business-report-2023-24-pdf.pdf \"PDF, 131.54 KB opens in a new window\")\n\nSign up for news & alerts\n\nBe first to know about our newest products, limited-time offers, community\nevents, and more.\n\n[ Sign up ](/investors/regulatory-news#tab-email-alerts)\n\nContact us\n\n[ Get in touch ](/contact-us)\n\nConnect with us\n\n[ __ ](https://www.linkedin.com/company/kingfisher/ \"LinkedIn \u2013 link to\nwebsite \\(opens in a new window\\)\") [ __\n](https://twitter.com/kingfisherplc?lang=en \"X \u2013 link to website \\(opens in a\nnew window\\)\")\n\n\u00a9 Kingfisher plc\n\n * [ Privacy Policy ](/privacy-policy)\n * [ Cookie Settings ](javascript:; \"Cookie Settings\")\n * [ Responsible Disclosure ](/responsible-disclosure)\n * [ Sitemap ](/sitemap)\n * [ Cookie Policy ](/cookie-policy)\n * [ Modern Slavery Statement ](/~/media/Files/K/Kingfisher-Plc/Universal/documents/footer/kingfisher-modern-slavery-act-statement-2023-24.pdf \"PDF, 150.54 KB opens in a new window\")\n * [ Accessibility ](/accessibility)\n\n[ Back to top ](javascript:; \"Top of page\")\n\n",
"url": "http://www.kingfisher.com/media/news/2021/la-voix-du-nord-interview-with-alain-rabec"
},
"reason": "This page explicitly mentions 'Brico' in the context of Kingfisher. The source is a reputable company website (Kingfisher), suggesting a high degree of accuracy. The content is factual and related to a business interview. Therefore, the reliability score is 0.8.",
"reliability_score": 0.8,
"search_query": "company 'Brico' employee well-being",
"summary": "This page explicitly mentions 'Brico' in the context of Kingfisher. The source is a reputable company website (Kingfisher), suggesting a high degree of accuracy. The content is factual and related to a business interview.",
"url": "http://www.kingfisher.com/media/news/2021/la-voix-du-nord-interview-with-alain-rabec"
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"source": "https://www.reuters.com/markets/deals/home-improvement-retailer-kingfisher-sells-romanian-unit-74-mln-2024-12-18/"
},
"page_content": "Please enable JS and disable any ad blocker\n\n",
"url": "https://www.reuters.com/markets/deals/home-improvement-retailer-kingfisher-sells-romanian-unit-74-mln-2024-12-18/"
},
"reason": "This Reuters article discusses Kingfisher selling its Romanian unit. Kingfisher owns Brico Depot. Reuters is a highly reputable news source, making this a reliable source of information.",
"reliability_score": 0.9,
"search_query": "company 'Brico' supply chain human rights",
"summary": "This Reuters article reports on Kingfisher selling its Romanian unit.",
"url": "https://www.reuters.com/markets/deals/home-improvement-retailer-kingfisher-sells-romanian-unit-74-mln-2024-12-18/"
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"source": "https://www.welcometothejungle.com/en/companies/kingfisher-france/culture-1"
},
"page_content": "### Past and future\n\n#### Their story\n\nKingfisher plc, founded in 1982, has grown into a leading home improvement\nretailer with a rich history of innovation and expansion. The company quickly\nevolved, acquiring iconic brands like B&Q, Castorama, and Screwfix.\nKingfisher's commitment to quality, sustainability, and customer satisfaction\nis reflected in its diverse, dynamic workforce and its presence across Europe.\nToday, we remain a forward-thinking company, constantly striving to improve\nthe way we work and live, offering exciting opportunities for passionate\nindividuals to thrive and grow.\n\n#### Their vision\n\nBetter Homes. Better Lives. For Everyone. At Kingfisher, we believe a better\nworld starts with better homes and we strive to help make that happen.\n\"Powered by Kingfisher\" leverages the strengths of our diverse retail banners\nalongside the expertise of the Kingfisher Group. With distinct offerings in\ntrade (Screwfix, TradePoint), discounters (Brico D\u00e9p\u00f4t France, Iberia), and\ngeneral DIY (B&Q, Castorama, Brico D\u00e9p\u00f4t Romania, Ko\u00e7ta\u015f), we gain a\ncompetitive edge. This unique combination drives product development through\nexclusive brands, access to advanced technology, digital capabilities, and\nglobal sourcing and buying scale, enhancing our ability to serve customers\nacross markets.\n\n### Company values\n\nThere are 6 core Behaviours that are promoted at Kingfisher.\n\nOur behaviours unite us in a common way to interact and collaborate with each\nother, underpinning how we achieve our goals.\n\nCreating a workplace where we all feel responsible, valued, empowered and\ntrusted to do the right thing for each other, our banners and our customers.\n\n#### Be Inclusive\n\nActing inclusively in diverse teams to achieve together\n\n#### Be Agile\n\nWorking with trust, pace and agility\n\n#### Be Accountable\n\nChampioning the plan to deliver results and growth\n\n#### Be Curious\n\nThriving on learning, thinking beyond the obvious\n\n#### Be Human\n\nActing with humanity and care\n\n#### Be Customer focused\n\nConstantly improving our customer experience\n\n### Commitments and CSR\n\n**Our approach**\n\nWe have been prioritising Responsible Business for over three decades \u2013 from\ncollaborating across sectors to pioneer approaches for the responsible\nsourcing of wood and paper, to creating more sustainable products for our\ncustomers, and establishing innovative charitable partnerships. Our\nResponsible Business priorities are underpinned by our commitment to our\nFundamentals \u2013 the many issues and impacts we need to measure and manage to\nensure we continue to operate responsibly across our business.\n\n**Our four key priortities**\n\nOur Responsible Business strategy focuses on the four priorities where we can\nbest use our experience, scale and influence to bring about positive change in\nour business for our customers, supply chain, society and beyond.\n\n#### Our Target\n\n**Colleagues :**\n\n * Improve gender balance to 35% women in senior leadership and 40% women in management by 2025. \n * Enable more than 20,000 colleagues to complete an apprenticeship, traineeship or formal qualification by 2030/31 (new target). \n\n**Planet :**\n\n * Reduce Scope 1 and 2 emissions by 37.8% in absolute terms and Scope 3 emissions by 40% per \u00a3m of turnover compared with 2016/17 and 2017/18 respectively. \n * Reach net zero emissions for our operations (Scope 1 and 2) by 2040/41. \n * Purchase 100% responsibly sourced wood and paper for our products and catalogues by 2025/26. \n * Become Forest Positive by 2025/26. \n\n**Customers :**\n\n * Attain 60% of Group sales from our Sustainable Home Products (SHP), including 70% of sales for our Own Exclusive Brand products (OEB) by 2025/26. \n\n**Communities :**\n\n * Help more than two million people whose housing needs are greatest by 2025. \n\n#### \"From inclusion and diversity to sustainability to general wellbeing and\neverything in between, we\u2019re always striving to becoming a more responsible\nbusiness.\"\n\n### In figures\n\n * #### 3.2m \n\npeople have benefited from our community contributions since 2016/17.\n\n * #### 96.6% \n\nof the wood and paper used in our products is responsibly sourced.\n\n * #### 39.6% \n\nof management roles currently held by women.\n\n### Latest job posts\n\n#### [ Senior Cloud Engineer\n\n * Full-Time \n * Cracow \n\n](/en/companies/kingfisher-france/jobs/senior-cloud-engineer_krakow) #### [\nAssociate SRE Engineer\n\n * Full-Time \n * Cracow \n\n](/en/companies/kingfisher-france/jobs/associate-sre-engineer_krakow) #### [\nData Engineer\n\n * Full-Time \n * Cracow \n\n](/en/companies/kingfisher-france/jobs/data-engineer_krakow_KINGF_8bW5kJL)\n#### [ Alternant - Juriste Droit des Affaires HF\n\n * Full-Time \n * Longpont-sur-Orge \n\n](/en/companies/kingfisher-france/jobs/alternant-juriste-droit-des-affaires-\nhf_longpont-sur-orge) [ View all job posts ](/en/companies/kingfisher-\nfrance/jobs)\n\n[ ](/en)\n\nRelevant advice, informative Q&As, inspirational portraits, newsworthy\nreports, videos, job openings, company profiles, and more.\n\nYou can unsubscribe whenever you want. We won't bother you\u2014we promise. To\nlearn more about our data protection policy, [ click here.\n](/en/pages/privacy-policy)\n\n[ ](https://solutions.welcometothejungle.com/en/)\n\n[ For employers\n](https://solutions.welcometothejungle.com/en/?utm_source=welcometothejungle.com&utm_medium=referral&utm_campaign=cta_become_customer_footer)\n[ My employer space ](https://admin.welcometothejungle.com)\n\n * [ Legal notice ](/en/pages/legal)\n * [ Terms of service ](/en/pages/terms)\n * [ Privacy policy ](/en/pages/privacy-policy)\n * [ Welcome to the Jungle Charter ](/en/pages/recruitment-charter)\n * Manage cookies \n\n[ United States (US) ](/en/companies/kingfisher-france/culture-1) [ France\n(FR) ](/fr/companies/kingfisher-france/culture-1) [ Espa\u00f1a (ES)\n](/es/companies) [ Czechia (CZ) ](/cs/companies) [ Slovakia (SVK)\n](/sk/companies)\n\n",
"url": "https://www.welcometothejungle.com/en/companies/kingfisher-france/culture-1"
},
"reason": "This page mentions Kingfisher France, which owns Brico Depot. It provides insights into the company culture, which can be helpful in understanding the broader context of supply chain and human rights practices. The source is a career platform, which may have some bias but provides valuable information.",
"reliability_score": 0.7,
"search_query": "company 'Brico' supply chain human rights",
"summary": "This page from Welcome to the Jungle describes the company culture at Kingfisher France, the parent company of Brico Depot.",
"url": "https://www.welcometothejungle.com/en/companies/kingfisher-france/culture-1"
},
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"source": "https://consumergoods-industry.katoennatie.com/news/katoen-natie-kingfisher-frances-long-standing-partner-in-france/"
},
"page_content": " * * [ ](tel:+)\n\n * [ Send us a message ](/contact/)\n * [ Find a location ](/locations/)\n\n * [ ](https://www.linkedin.com/company/katoen-natie-cgi)\n * [ ](https://nl-nl.facebook.com/KatoenNatieOfficial/)\n * [ ](https://www.instagram.com/katoennatieofficial/)\n * [ ](https://www.youtube.com/channel/UC_z1Pu5g2zeKFIRjnjZlPtg)\n\n[\n](https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Fconsumergoods-\nindustry.katoennatie.com%2Fnews%2Fkatoen-natie-kingfisher-frances-long-\nstanding-partner-in-\nfrance%2F&linkname=Katoen%20Natie%2C%20Kingfisher%20France%E2%80%99s%20Long-\nStanding%20Partner%20in%20France \"Facebook\") [\n](https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Fconsumergoods-\nindustry.katoennatie.com%2Fnews%2Fkatoen-natie-kingfisher-frances-long-\nstanding-partner-in-\nfrance%2F&linkname=Katoen%20Natie%2C%20Kingfisher%20France%E2%80%99s%20Long-\nStanding%20Partner%20in%20France \"Twitter\")\n\n05.04.24\n\n# Katoen Natie, Kingfisher France\u2019s Long-Standing Partner in France\n\nWith a shared vision of supply chain excellence, Kingfisher France and Katoen\nNatie, a global leader in logistics and storage solutions, continue to develop\ntheir longstanding partnership serving the home improvement market since 2005.\n\nThe Kingfisher Group, a European DIY and Home Improvement retailer, trades\nthrough its brands Brico D\u00e9p\u00f4t, Castorama, B&Q, Screwfix, Tradepoint and\nKoctas. Together they number more than 2.000 stores and e-commerce sites, with\nover 80.000 employees in eight European countries: England and Ireland,\nPoland, Romania, Spain, Portugal, Turkey and France.\n\nIn France, Kingfisher France currently has 220 Castorama and Brico D\u00e9p\u00f4t\nstores. To support the growth of its French business, Kingfisher France has\nput its trust in their expert logistics partner, Katoen Natie. Since 2005,\nKatoen Natie has provided all warehousing services for these 220 stores via\ntwo warehouses in Le Havre and Saint-Martin-de-Crau. \u201c _Our common history\nstarted with services provided at Le Havre, through which we quickly became\naware of Katoen Natie\u2019s responsiveness, flexibility and agility. Subsequently,\nKatoen Natie won a second tender to manage our logistics in the South of\nFrance. Beyond operational performance, we share values and a strong strategic\nvision for the further development of our logistic network. Our relationship\nis based more on real partnership than simple provision of services,\u201d_ says\nEtienne de La Codre, Director of Logistics and Transport at Kingfisher France.\n\n**Sharing a \u201ccultural fit\u201d and a pragmatic vision of logistics.**\n\nToday Katoen Natie manages all warehousing services for Brico D\u00e9p\u00f4t, from a\nsimple screw to a 6m long awning. These activities include the collection of\ncontainers from the port, unloading, palletizing, storage, order preparation,\npacking and despatch. Since 2019, Katoen Natie was additionally granted the\nmanagement of Kingfisher France\u2019s complex flow of garden products from the\nCastorama brand. Furthermore, strengthened by its ownership model of\nwarehousing facilities, Katoen Natie is able to adapt its proposal to the\nclient\u2019s needs in terms of surface area, process or even specific equipment,\nwith the aim of offering a partnership arrangement beneficial to both parties.\n\u201c _There is undeniably, a good fit between our strategic and cultural position\npolicies. Katoen Natie supports us perfectly in our philosophy of development,\ncosts and continuous improvement. We like and share the value they place on\nsimplicity and efficiency, as well as their customer service ethos. We are\ntherefore perfectly aligned,\u201d_ emphasises Etienne de La Codre.\n\nSince 2005, both organisations have pursued an alignment with the joint\nambition to develop and co-create successful innovations, particularly\nimproving on the work environment and wellbeing of staff on site. A notable\nexample is the implementation of a specific picking tool using suction pads,\ndedicated to glazed doors and windows in 2020. This enabled operators to\nachieve improved ergonomics, limiting the challenging nature of the process\nand providing increased safety in the warehouse. \u201c _Katoen Natie has this\nability to provide us with technological innovation, enabling us to make\nprogress in the way products are palletised and despatched. Together we have\ndecreased product breakage and reduced risk as well as our costs and decreased\nthe arduousness of the processes. We are engaged in genuine dialogue aimed at\ncontinuous improvement,\u201d_ concludes Kingfisher France\u2019s director of Logistics\nand Transport.\n\nThe two companies are currently considering innovative new projects with the\nlong-term aim of co-construction.\n\n| Etienne de La Codre serves as the Logistics & Transport Director of\nKingfisher France. He is a supply chain expert with extensive experience from\nboth supplier and retailer perspectives in a global context. His expertise\nlies in supply chain management, emphasizing a customer service-oriented\napproach. \n---|--- \n| \n \n| **The Kingfisher Group** is a European group specialising in DIY and home\nimprovement. Present in France through its Castorama and Brico D\u00e9p\u00f4t brands,\nKingfisher France has 220 retail outlets and nearly 20,000 employees. \n---|--- \n \n## Other news articles\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/smarter-quality-management-with-katoen-naties-cloud-based-qms/)\n\n08.04.25\n\n[ Smarter Quality Management with Katoen Natie\u2019s Cloud-Based QMS\n](https://consumergoods-industry.katoennatie.com/news/smarter-quality-\nmanagement-with-katoen-naties-cloud-based-qms/)\n\nQuality is non-negotiable. From safety protocols to customer satisfaction,\nconsistent and transparent quality processes are essential for operational\nexcellence. That\u2019s why at Katoen Natie, we\u2019ve developed a **cloud-based\nQuality Management System (QMS)** that helps us \u2014 and our customers \u2014 maintain\nhigh standards, resolve issues efficiently, and continuously improve\nperformance.\n\n## **Why Use a Digital QMS?**\n\nOur QMS acts as a central hub for all things related to quality. It\u2019s more\nthan just a tool \u2014 it\u2019s a structured way of working that brings clarity,\naccountability, and speed to quality-related workflows. Here\u2019s how it supports\ndaily operations:\n\n * **Accessible Anytime, Anywhere:** As a cloud-based platform, our QMS can be accessed from any device, making it easy to stay connected across sites and teams. \n * **Task & Flow Automation: ** Built-in flow management tools streamline processes with automated tasks, notifications, and easy collaboration between teams. \n * **Standardized Forms:** Templates and structured forms ensure consistency across sites, improving data quality and simplifying reporting. \n * **Centralized Communication:** All communication related to a quality flow is logged in one place, reducing mail traffic and improving traceability. \n * **Clear Ownership:** Each task is assigned to a named user with a unique login, ensuring follow-up and full accountability. \n\n## **Core Quality Flows: Managing Issues Proactively**\n\nOur QMS includes several pre-defined workflows that help track, resolve, and\nlearn from quality-related issues:\n\n * **Complaint Flow:** Gives customers a direct channel to report outbound issues to our operations team. \n * **Non-Conformity Flow:** Flags discrepancies found during inbound checks, which are communicated clearly back to the customer. \n * **CAPA Flow:** Supports corrective and preventive actions to fix recurring problems and improve overall process stability. \n * **Transport Claims Flow:** Handles transport-related complaints and coordinates follow-up between admin, carrier, and finance departments. \n\n## **Audit and Safety Flows: Keeping Standards High**\n\nWe\u2019ve also built specialized flows to support audits and on-site safety\nmanagement:\n\n * **Monthly HSEQ Audits:** Digital audits linked to reporting dashboards provide an easy way to monitor trends and spot gaps. \n * **Dangerous Situations Flow:** Enables teams to report and resolve safety hazards before they become incidents. \n * **Battery Room Audits:** Regular checks ensure safe and compliant operation in battery storage areas. \n\n## **Additional Features for Tailored Quality Control**\n\nBecause not every situation fits neatly into a standard workflow, our QMS\nincludes additional features that offer flexibility where it\u2019s needed most.\nThe **Business Request Flow** allows teams to manage special customer requests\nin a structured and traceable manner, ensuring nothing falls through the\ncracks. Meanwhile, the **Closing Tour** feature enables end-of-shift checks by\nscanning QR codes at designated locations, allowing teams to log results\ndirectly into the system. This not only enhances visibility but also\nstrengthens on-site security and compliance.\n\n## **Quality at the Core of Operations**\n\nAt Katoen Natie, we see quality not as a separate task, but as something built\ninto every aspect of our operations. Our **cloud-based QMS** supports that\nmindset by offering an integrated, user-friendly platform that ensures\nconsistency, transparency, and accountability. Whether it\u2019s resolving non-\nconformities, handling complaints, or improving safety through audits, our QMS\nhelps us stay aligned with customer expectations and regulatory standards \u2014\nwhile also giving teams the tools they need to act quickly and effectively.\nSpeak with an [ **expert** ](https://consumergoods-\nindustry.katoennatie.com/contact/) today to discover how our approach to\nquality management can support your operations.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/smarter-\nquality-management-with-katoen-naties-cloud-based-qms/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/seamless-wms-tms-integration-enhancing-logistics-efficiency/)\n\n13.03.25\n\n[ Seamless WMS & TMS Integration: Enhancing Logistics Efficiency\n](https://consumergoods-industry.katoennatie.com/news/seamless-wms-tms-\nintegration-enhancing-logistics-efficiency/)\n\nIn the logistics industry, **efficient transport management** is key to smooth\noperations. Many businesses rely on third-party **Transport Management Systems\n(TMS)** to coordinate shipments, track deliveries, and ensure compliance. But\nwithout seamless communication between warehouse and transport systems,\ninefficiencies and delays can occur. At Katoen Natie, we specialize in\nintegrating our Warehouse Management System (WMS) with third-party TMS\nplatforms, ensuring a fast, reliable, and compliant flow of data between\nwarehouse and transport providers.\n\n## **Why Integrate WMS with TMS?**\n\nIntegrating warehouse and transport systems eliminates the need for manual\ndata entry, reduces errors, and speeds up the shipping process. Our **plug-\nand-play integration** allows for: \u2714 **Quick onboarding of new carriers** with\nstandardized labels and electronic data exchange (EDI). \u2714 **Faster shipping\nprocesses** with automated label printing and transport updates. \u2714\n**Compliance assurance** by ensuring all transport data meets industry and\ncarrier-specific requirements.\n\n##\n\n## **How Katoen Natie Makes TMS Integration Simple**\n\nTo enhance flexibility and ensure smooth communication with various transport\nproviders, we\u2019ve developed generic transport messages that can be adapted to\ndifferent customer needs. Using middleware, we can translate transport\nmessages into the correct format for any TMS, making integrations faster and\nmore cost-effective. **Tailored Integration Solutions** We recognize that many\ncustomers prefer to use their own **TMS platforms** . To accommodate this, we\nprovide **direct integration** between our WMS and external TMS solutions. Our\n**pre-configured transport messages** include:\n\n * **Label printing request and response** : Easily request and process shipping label requests. \n * **Return label printing request and response** : Easily request and process return label or document requests. \n * **Cancel or close messages** : Ensure seamless shipment cancellations or modifications. \nThese **standardized messages** allow for **fast and flexible TMS\nintegration** , reducing manual intervention and ensuring smooth warehouse-to-\ntransport communication. **Flexible Label Processing for Any Transport\nProvider** With **versatile label processing** , we ensure that the right\nshipping documents are always available:\n\n * If the required shipping data is already provided by the customer, we generate labels based on a simple reference. \n * If labels need to be created within an external TMS, we send all relevant shipment details for automatic label generation. \nThis flexibility means that regardless of the TMS in use, we can **seamlessly\nintegrate** and ensure **fast, accurate label generation** .\n\n## **A Smarter Approach to Transport Integration**\n\nAt Katoen Natie, we are committed to providing robust and standardized\nintegration solutions that guarantee success and efficiency. Our **TMS\nintegration solutions** ensure that warehouse and transport operations are\nseamlessly connected, offering a wide range of possibilities tailored to our\ncustomers' needs. By leveraging middleware and generic transport messages, we\ndeliver optimized performance and superior service, helping our customers\nachieve their logistics goals. Experience the difference with Katoen Natie's\nTMS integration solutions. Speak with an [ **expert** ](https://consumergoods-\nindustry.katoennatie.com/contact/) today to learn more about how we can\nstreamline your transport operations.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/seamless-\nwms-tms-integration-enhancing-logistics-efficiency/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/empowering-a-sustainable-future-the-rise-of-lithium-batteries/)\n\n03.03.25\n\n[ Empowering a Sustainable Future: The Rise of Lithium Batteries\n](https://consumergoods-industry.katoennatie.com/news/empowering-a-\nsustainable-future-the-rise-of-lithium-batteries/)\n\nAt Katoen Natie Consumer Goods and Industry, we are committed to pioneering\nsustainable practices. After a thorough and collaborative study, we made the\nstrategic decision to transition to lithium batteries for our rolling\nequipment. **Environmental Benefits** One of the key drivers behind this shift\nis the environmental advantage of lithium-ion batteries. Unlike traditional\nlead-acid batteries, lithium-ion batteries do not contain harmful substances\nsuch as lead or sulfuric acid, making them a safer and more sustainable\noption. Their extended lifespan also means fewer batteries end up in\nlandfills, significantly reducing our environmental footprint. While lithium-\nion batteries offer significant sustainability advantages, their production\nrequires rare metals such as lithium and cobalt, which come with environmental\nand ethical concerns. The extraction of these materials can have ecological\nimpacts, and recycling remains a challenge. However, advancements in battery\nrecycling are improving, ensuring that with proper management, lithium-ion\nbatteries remain a more sustainable alternative. **Operational Efficiency and\nCost Savings** Beyond environmental benefits, lithium-ion batteries require\nminimal maintenance compared to their lead-acid counterparts, reducing both\ndowntime and operational costs. Additionally, their ability to handle multiple\nintermediate charges without performance issues ensures greater flexibility\nand uptime for our equipment, leading to increased productivity and\nefficiency. **A Collaborative Effort** This transition was made possible\nthrough the collective expertise of our Fleet Managers, the Excellence Center,\nCentral Purchase, Risk team, and trusted suppliers. Their combined efforts\nhave played a vital role in implementing this sustainable innovation and\nensuring a smooth transition. **Moving Towards a Greener Future** By adopting\nlithium battery technology, Katoen Natie takes another bold step towards a\nmore sustainable and efficient future. This initiative underscores our ongoing\ncommitment to environmental stewardship, operational excellence, and\ninnovative solutions. We are committed to doing our part by implementing\nsustainable solutions that benefit both our operations and the planet.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/empowering-\na-sustainable-future-the-rise-of-lithium-batteries/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/efficient-labour-management-in-logistics-how-katoen-natie-optimises-workforce-operations/)\n\n28.11.24\n\n[ Efficient Labour Management in Logistics: How Katoen Natie Optimises\nWorkforce Operations ](https://consumergoods-\nindustry.katoennatie.com/news/efficient-labour-management-in-logistics-how-\nkatoen-natie-optimises-workforce-operations/)\n\nIn the fast-paced logistics industry, efficient labour management is crucial.\nWarehouses are dynamic environments where every second counts, and optimizing\nworkforce operations is essential to maintain a competitive edge. At Katoen\nNatie, we leverage technology to revolutionize labour management through an\ninnovative, integrated approach. **Linking Labor Planning with Warehouse\nOperations** Labor planning extends beyond scheduling shifts; it involves\naligning workforce resources with the real-time demands of warehouse\nactivities. By integrating labour management with our Warehouse Management\nSystem (WMS), we create a seamless flow of information that transforms\noperations. Every scan, task, and movement is logged in real-time, providing\nunparalleled visibility into workforce performance. This integration allows\nus to capture essential metrics, including: \u2022 Hours worked per team or\nindividual. \u2022 Volumes of goods handled. \u2022 Task lead times With this data, we\ngain a comprehensive overview of operations, laying the foundation for data-\ndriven decision-making that enhances efficiency and minimizes waste.\n**Advanced Planning for Peak Productivity** Effective labour management relies\non robust planning. Our system uses advanced tools to: \u2022 Optimize resource\nallocation based on demand patterns. \u2022 Seamlessly assign tasks through the WMS\n\u2022 Adjust schedules dynamically to minimize downtime. By automating these\nprocesses, we ensure the right number of employees are available at the right\ntime, whether during peak hours or off-peak shifts. This reduces manual\nintervention, prevents underutilization of resources, and improves overall\nwarehouse productivity. **Automating Data Capture for Accuracy &\nComprehensive Time Tracking ** Our labour management solutions automate data\ncapture for; productive tasks, overhead activities (like administrative or\nmanagerial work), volumes handled, and task completion. This ensures accurate\nand up-to-date data for analysis. Reliable data leads to better planning and\nsharper insights, helping us identify opportunities for continuous\nimprovement. This comprehensive system also tracks time utilization across the\nwarehouse. Our system tracks not only productive hours, but also logs time\nspent on overhead activities by various profiles such as operational managers,\nkey account managers and administrative staff. This holistic view of time\nutilization helps operational managers and HR teams pinpoint inefficiencies\nand implement targeted improvements. **Data-Driven Insights for Smarter\nDecisions** Analysing trends and performance data empowers our team to make\ninformed, proactive decisions. By identifying productivity patterns, we can: \u2022\nAddress bottlenecks before they escalate \u2022 Reallocate resources to high-\npriority tasks \u2022 Continuously refine workflows to achieve maximum efficiency\nThis approach ensures operations remain agile and responsive to changing\ndemands.\n\n## **Financial and HR Alignment**\n\nOur labour management solutions deliver tangible benefits for financial and HR\nprocesses. This is done by enabling accurate cost calculation through grouping\nworked hours by employee type (e.g., interim, fixed, overhead) for precise\noperational cost analysis, and ensuring payroll accuracy by linking paid hours\nto actual worked hours. This aligns HR and payroll data and acts as a reliable\ncontrol mechanism. These features reduce administrative overhead while\nimproving transparency and accuracy across departments.\n\n## **Leading the Way in Labor Management**\n\nAt Katoen Natie, we are not just adapting to industry trends\u2014we are setting\nthe standard. Our Integrated Labor Management Solutions combine cutting-edge\ntechnology with practical insights, delivering real value to our operations\nand clients. By connecting labour planning with warehouse systems, we ensure\nevery action is efficient, every resource is optimized, and every decision is\nbacked by data. Curious to see how data-driven labour management can transform\nyour operations? Reach out to us and speak with an [ **expert**\n](https://consumergoods-industry.katoennatie.com/contact/) **** today and take\nthe first step toward a smarter, more efficient supply chain.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/efficient-\nlabour-management-in-logistics-how-katoen-natie-optimises-workforce-\noperations/)\n\nLoad more\n\n**Katoen Natie**\n\nVan Aerdtstraat 33 \nB-2060 Antwerpen\n\n[ ](mailto:)\n\n[ ](tel:+)\n\n[ LinkedIn ](https://www.linkedin.com/company/katoen-natie-cgi) [ Facebook\n](https://nl-nl.facebook.com/KatoenNatieOfficial/) [ Instagram\n](https://www.instagram.com/katoennatieofficial/) [ YouTube\n](https://www.youtube.com/channel/UC_z1Pu5g2zeKFIRjnjZlPtg)\n\n * [ Sitemap ](https://consumergoods-industry.katoennatie.com/sitemap/)\n * [ Downloads ](https://consumergoods-industry.katoennatie.com/downloads/)\n\n2025 \u00a9 Katoen Natie. All rights reserved. - [ Cookie policy\n](https://www.katoennatie.com/cookie-policy/) \\- [ Visitor\u2019s privacy policy\n](https://www.katoennatie.com/visitors-privacy-policy/)\n\n",
"url": "https://consumergoods-industry.katoennatie.com/news/katoen-natie-kingfisher-frances-long-standing-partner-in-france/"
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"reason": "This page mentions Katoen Natie's partnership with Kingfisher France. Kingfisher owns Brico Depot. The source is a company website describing a business relationship, so it's moderately reliable.",
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"summary": "This page discusses Katoen Natie's partnership with Kingfisher France.",
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"page_content": " * * [ ](tel:+)\n\n * [ Send us a message ](/contact/)\n * [ Find a location ](/locations/)\n\n * [ ](https://www.linkedin.com/company/katoen-natie-cgi)\n * [ ](https://nl-nl.facebook.com/KatoenNatieOfficial/)\n * [ ](https://www.instagram.com/katoennatieofficial/)\n * [ ](https://www.youtube.com/channel/UC_z1Pu5g2zeKFIRjnjZlPtg)\n\n[\n](https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Fconsumergoods-\nindustry.katoennatie.com%2Fnews%2Fkatoen-natie-kingfisher-frances-long-\nstanding-partner-in-\nfrance%2F&linkname=Katoen%20Natie%2C%20Kingfisher%20France%E2%80%99s%20Long-\nStanding%20Partner%20in%20France \"Facebook\") [\n](https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Fconsumergoods-\nindustry.katoennatie.com%2Fnews%2Fkatoen-natie-kingfisher-frances-long-\nstanding-partner-in-\nfrance%2F&linkname=Katoen%20Natie%2C%20Kingfisher%20France%E2%80%99s%20Long-\nStanding%20Partner%20in%20France \"Twitter\")\n\n05.04.24\n\n# Katoen Natie, Kingfisher France\u2019s Long-Standing Partner in France\n\nWith a shared vision of supply chain excellence, Kingfisher France and Katoen\nNatie, a global leader in logistics and storage solutions, continue to develop\ntheir longstanding partnership serving the home improvement market since 2005.\n\nThe Kingfisher Group, a European DIY and Home Improvement retailer, trades\nthrough its brands Brico D\u00e9p\u00f4t, Castorama, B&Q, Screwfix, Tradepoint and\nKoctas. Together they number more than 2.000 stores and e-commerce sites, with\nover 80.000 employees in eight European countries: England and Ireland,\nPoland, Romania, Spain, Portugal, Turkey and France.\n\nIn France, Kingfisher France currently has 220 Castorama and Brico D\u00e9p\u00f4t\nstores. To support the growth of its French business, Kingfisher France has\nput its trust in their expert logistics partner, Katoen Natie. Since 2005,\nKatoen Natie has provided all warehousing services for these 220 stores via\ntwo warehouses in Le Havre and Saint-Martin-de-Crau. \u201c _Our common history\nstarted with services provided at Le Havre, through which we quickly became\naware of Katoen Natie\u2019s responsiveness, flexibility and agility. Subsequently,\nKatoen Natie won a second tender to manage our logistics in the South of\nFrance. Beyond operational performance, we share values and a strong strategic\nvision for the further development of our logistic network. Our relationship\nis based more on real partnership than simple provision of services,\u201d_ says\nEtienne de La Codre, Director of Logistics and Transport at Kingfisher France.\n\n**Sharing a \u201ccultural fit\u201d and a pragmatic vision of logistics.**\n\nToday Katoen Natie manages all warehousing services for Brico D\u00e9p\u00f4t, from a\nsimple screw to a 6m long awning. These activities include the collection of\ncontainers from the port, unloading, palletizing, storage, order preparation,\npacking and despatch. Since 2019, Katoen Natie was additionally granted the\nmanagement of Kingfisher France\u2019s complex flow of garden products from the\nCastorama brand. Furthermore, strengthened by its ownership model of\nwarehousing facilities, Katoen Natie is able to adapt its proposal to the\nclient\u2019s needs in terms of surface area, process or even specific equipment,\nwith the aim of offering a partnership arrangement beneficial to both parties.\n\u201c _There is undeniably, a good fit between our strategic and cultural position\npolicies. Katoen Natie supports us perfectly in our philosophy of development,\ncosts and continuous improvement. We like and share the value they place on\nsimplicity and efficiency, as well as their customer service ethos. We are\ntherefore perfectly aligned,\u201d_ emphasises Etienne de La Codre.\n\nSince 2005, both organisations have pursued an alignment with the joint\nambition to develop and co-create successful innovations, particularly\nimproving on the work environment and wellbeing of staff on site. A notable\nexample is the implementation of a specific picking tool using suction pads,\ndedicated to glazed doors and windows in 2020. This enabled operators to\nachieve improved ergonomics, limiting the challenging nature of the process\nand providing increased safety in the warehouse. \u201c _Katoen Natie has this\nability to provide us with technological innovation, enabling us to make\nprogress in the way products are palletised and despatched. Together we have\ndecreased product breakage and reduced risk as well as our costs and decreased\nthe arduousness of the processes. We are engaged in genuine dialogue aimed at\ncontinuous improvement,\u201d_ concludes Kingfisher France\u2019s director of Logistics\nand Transport.\n\nThe two companies are currently considering innovative new projects with the\nlong-term aim of co-construction.\n\n| Etienne de La Codre serves as the Logistics & Transport Director of\nKingfisher France. He is a supply chain expert with extensive experience from\nboth supplier and retailer perspectives in a global context. His expertise\nlies in supply chain management, emphasizing a customer service-oriented\napproach. \n---|--- \n| \n \n| **The Kingfisher Group** is a European group specialising in DIY and home\nimprovement. Present in France through its Castorama and Brico D\u00e9p\u00f4t brands,\nKingfisher France has 220 retail outlets and nearly 20,000 employees. \n---|--- \n \n## Other news articles\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/smarter-quality-management-with-katoen-naties-cloud-based-qms/)\n\n08.04.25\n\n[ Smarter Quality Management with Katoen Natie\u2019s Cloud-Based QMS\n](https://consumergoods-industry.katoennatie.com/news/smarter-quality-\nmanagement-with-katoen-naties-cloud-based-qms/)\n\nQuality is non-negotiable. From safety protocols to customer satisfaction,\nconsistent and transparent quality processes are essential for operational\nexcellence. That\u2019s why at Katoen Natie, we\u2019ve developed a **cloud-based\nQuality Management System (QMS)** that helps us \u2014 and our customers \u2014 maintain\nhigh standards, resolve issues efficiently, and continuously improve\nperformance.\n\n## **Why Use a Digital QMS?**\n\nOur QMS acts as a central hub for all things related to quality. It\u2019s more\nthan just a tool \u2014 it\u2019s a structured way of working that brings clarity,\naccountability, and speed to quality-related workflows. Here\u2019s how it supports\ndaily operations:\n\n * **Accessible Anytime, Anywhere:** As a cloud-based platform, our QMS can be accessed from any device, making it easy to stay connected across sites and teams. \n * **Task & Flow Automation: ** Built-in flow management tools streamline processes with automated tasks, notifications, and easy collaboration between teams. \n * **Standardized Forms:** Templates and structured forms ensure consistency across sites, improving data quality and simplifying reporting. \n * **Centralized Communication:** All communication related to a quality flow is logged in one place, reducing mail traffic and improving traceability. \n * **Clear Ownership:** Each task is assigned to a named user with a unique login, ensuring follow-up and full accountability. \n\n## **Core Quality Flows: Managing Issues Proactively**\n\nOur QMS includes several pre-defined workflows that help track, resolve, and\nlearn from quality-related issues:\n\n * **Complaint Flow:** Gives customers a direct channel to report outbound issues to our operations team. \n * **Non-Conformity Flow:** Flags discrepancies found during inbound checks, which are communicated clearly back to the customer. \n * **CAPA Flow:** Supports corrective and preventive actions to fix recurring problems and improve overall process stability. \n * **Transport Claims Flow:** Handles transport-related complaints and coordinates follow-up between admin, carrier, and finance departments. \n\n## **Audit and Safety Flows: Keeping Standards High**\n\nWe\u2019ve also built specialized flows to support audits and on-site safety\nmanagement:\n\n * **Monthly HSEQ Audits:** Digital audits linked to reporting dashboards provide an easy way to monitor trends and spot gaps. \n * **Dangerous Situations Flow:** Enables teams to report and resolve safety hazards before they become incidents. \n * **Battery Room Audits:** Regular checks ensure safe and compliant operation in battery storage areas. \n\n## **Additional Features for Tailored Quality Control**\n\nBecause not every situation fits neatly into a standard workflow, our QMS\nincludes additional features that offer flexibility where it\u2019s needed most.\nThe **Business Request Flow** allows teams to manage special customer requests\nin a structured and traceable manner, ensuring nothing falls through the\ncracks. Meanwhile, the **Closing Tour** feature enables end-of-shift checks by\nscanning QR codes at designated locations, allowing teams to log results\ndirectly into the system. This not only enhances visibility but also\nstrengthens on-site security and compliance.\n\n## **Quality at the Core of Operations**\n\nAt Katoen Natie, we see quality not as a separate task, but as something built\ninto every aspect of our operations. Our **cloud-based QMS** supports that\nmindset by offering an integrated, user-friendly platform that ensures\nconsistency, transparency, and accountability. Whether it\u2019s resolving non-\nconformities, handling complaints, or improving safety through audits, our QMS\nhelps us stay aligned with customer expectations and regulatory standards \u2014\nwhile also giving teams the tools they need to act quickly and effectively.\nSpeak with an [ **expert** ](https://consumergoods-\nindustry.katoennatie.com/contact/) today to discover how our approach to\nquality management can support your operations.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/smarter-\nquality-management-with-katoen-naties-cloud-based-qms/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/seamless-wms-tms-integration-enhancing-logistics-efficiency/)\n\n13.03.25\n\n[ Seamless WMS & TMS Integration: Enhancing Logistics Efficiency\n](https://consumergoods-industry.katoennatie.com/news/seamless-wms-tms-\nintegration-enhancing-logistics-efficiency/)\n\nIn the logistics industry, **efficient transport management** is key to smooth\noperations. Many businesses rely on third-party **Transport Management Systems\n(TMS)** to coordinate shipments, track deliveries, and ensure compliance. But\nwithout seamless communication between warehouse and transport systems,\ninefficiencies and delays can occur. At Katoen Natie, we specialize in\nintegrating our Warehouse Management System (WMS) with third-party TMS\nplatforms, ensuring a fast, reliable, and compliant flow of data between\nwarehouse and transport providers.\n\n## **Why Integrate WMS with TMS?**\n\nIntegrating warehouse and transport systems eliminates the need for manual\ndata entry, reduces errors, and speeds up the shipping process. Our **plug-\nand-play integration** allows for: \u2714 **Quick onboarding of new carriers** with\nstandardized labels and electronic data exchange (EDI). \u2714 **Faster shipping\nprocesses** with automated label printing and transport updates. \u2714\n**Compliance assurance** by ensuring all transport data meets industry and\ncarrier-specific requirements.\n\n##\n\n## **How Katoen Natie Makes TMS Integration Simple**\n\nTo enhance flexibility and ensure smooth communication with various transport\nproviders, we\u2019ve developed generic transport messages that can be adapted to\ndifferent customer needs. Using middleware, we can translate transport\nmessages into the correct format for any TMS, making integrations faster and\nmore cost-effective. **Tailored Integration Solutions** We recognize that many\ncustomers prefer to use their own **TMS platforms** . To accommodate this, we\nprovide **direct integration** between our WMS and external TMS solutions. Our\n**pre-configured transport messages** include:\n\n * **Label printing request and response** : Easily request and process shipping label requests. \n * **Return label printing request and response** : Easily request and process return label or document requests. \n * **Cancel or close messages** : Ensure seamless shipment cancellations or modifications. \nThese **standardized messages** allow for **fast and flexible TMS\nintegration** , reducing manual intervention and ensuring smooth warehouse-to-\ntransport communication. **Flexible Label Processing for Any Transport\nProvider** With **versatile label processing** , we ensure that the right\nshipping documents are always available:\n\n * If the required shipping data is already provided by the customer, we generate labels based on a simple reference. \n * If labels need to be created within an external TMS, we send all relevant shipment details for automatic label generation. \nThis flexibility means that regardless of the TMS in use, we can **seamlessly\nintegrate** and ensure **fast, accurate label generation** .\n\n## **A Smarter Approach to Transport Integration**\n\nAt Katoen Natie, we are committed to providing robust and standardized\nintegration solutions that guarantee success and efficiency. Our **TMS\nintegration solutions** ensure that warehouse and transport operations are\nseamlessly connected, offering a wide range of possibilities tailored to our\ncustomers' needs. By leveraging middleware and generic transport messages, we\ndeliver optimized performance and superior service, helping our customers\nachieve their logistics goals. Experience the difference with Katoen Natie's\nTMS integration solutions. Speak with an [ **expert** ](https://consumergoods-\nindustry.katoennatie.com/contact/) today to learn more about how we can\nstreamline your transport operations.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/seamless-\nwms-tms-integration-enhancing-logistics-efficiency/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/empowering-a-sustainable-future-the-rise-of-lithium-batteries/)\n\n03.03.25\n\n[ Empowering a Sustainable Future: The Rise of Lithium Batteries\n](https://consumergoods-industry.katoennatie.com/news/empowering-a-\nsustainable-future-the-rise-of-lithium-batteries/)\n\nAt Katoen Natie Consumer Goods and Industry, we are committed to pioneering\nsustainable practices. After a thorough and collaborative study, we made the\nstrategic decision to transition to lithium batteries for our rolling\nequipment. **Environmental Benefits** One of the key drivers behind this shift\nis the environmental advantage of lithium-ion batteries. Unlike traditional\nlead-acid batteries, lithium-ion batteries do not contain harmful substances\nsuch as lead or sulfuric acid, making them a safer and more sustainable\noption. Their extended lifespan also means fewer batteries end up in\nlandfills, significantly reducing our environmental footprint. While lithium-\nion batteries offer significant sustainability advantages, their production\nrequires rare metals such as lithium and cobalt, which come with environmental\nand ethical concerns. The extraction of these materials can have ecological\nimpacts, and recycling remains a challenge. However, advancements in battery\nrecycling are improving, ensuring that with proper management, lithium-ion\nbatteries remain a more sustainable alternative. **Operational Efficiency and\nCost Savings** Beyond environmental benefits, lithium-ion batteries require\nminimal maintenance compared to their lead-acid counterparts, reducing both\ndowntime and operational costs. Additionally, their ability to handle multiple\nintermediate charges without performance issues ensures greater flexibility\nand uptime for our equipment, leading to increased productivity and\nefficiency. **A Collaborative Effort** This transition was made possible\nthrough the collective expertise of our Fleet Managers, the Excellence Center,\nCentral Purchase, Risk team, and trusted suppliers. Their combined efforts\nhave played a vital role in implementing this sustainable innovation and\nensuring a smooth transition. **Moving Towards a Greener Future** By adopting\nlithium battery technology, Katoen Natie takes another bold step towards a\nmore sustainable and efficient future. This initiative underscores our ongoing\ncommitment to environmental stewardship, operational excellence, and\ninnovative solutions. We are committed to doing our part by implementing\nsustainable solutions that benefit both our operations and the planet.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/empowering-\na-sustainable-future-the-rise-of-lithium-batteries/)\n\n * [ ](https://consumergoods-industry.katoennatie.com/news/efficient-labour-management-in-logistics-how-katoen-natie-optimises-workforce-operations/)\n\n28.11.24\n\n[ Efficient Labour Management in Logistics: How Katoen Natie Optimises\nWorkforce Operations ](https://consumergoods-\nindustry.katoennatie.com/news/efficient-labour-management-in-logistics-how-\nkatoen-natie-optimises-workforce-operations/)\n\nIn the fast-paced logistics industry, efficient labour management is crucial.\nWarehouses are dynamic environments where every second counts, and optimizing\nworkforce operations is essential to maintain a competitive edge. At Katoen\nNatie, we leverage technology to revolutionize labour management through an\ninnovative, integrated approach. **Linking Labor Planning with Warehouse\nOperations** Labor planning extends beyond scheduling shifts; it involves\naligning workforce resources with the real-time demands of warehouse\nactivities. By integrating labour management with our Warehouse Management\nSystem (WMS), we create a seamless flow of information that transforms\noperations. Every scan, task, and movement is logged in real-time, providing\nunparalleled visibility into workforce performance. This integration allows\nus to capture essential metrics, including: \u2022 Hours worked per team or\nindividual. \u2022 Volumes of goods handled. \u2022 Task lead times With this data, we\ngain a comprehensive overview of operations, laying the foundation for data-\ndriven decision-making that enhances efficiency and minimizes waste.\n**Advanced Planning for Peak Productivity** Effective labour management relies\non robust planning. Our system uses advanced tools to: \u2022 Optimize resource\nallocation based on demand patterns. \u2022 Seamlessly assign tasks through the WMS\n\u2022 Adjust schedules dynamically to minimize downtime. By automating these\nprocesses, we ensure the right number of employees are available at the right\ntime, whether during peak hours or off-peak shifts. This reduces manual\nintervention, prevents underutilization of resources, and improves overall\nwarehouse productivity. **Automating Data Capture for Accuracy &\nComprehensive Time Tracking ** Our labour management solutions automate data\ncapture for; productive tasks, overhead activities (like administrative or\nmanagerial work), volumes handled, and task completion. This ensures accurate\nand up-to-date data for analysis. Reliable data leads to better planning and\nsharper insights, helping us identify opportunities for continuous\nimprovement. This comprehensive system also tracks time utilization across the\nwarehouse. Our system tracks not only productive hours, but also logs time\nspent on overhead activities by various profiles such as operational managers,\nkey account managers and administrative staff. This holistic view of time\nutilization helps operational managers and HR teams pinpoint inefficiencies\nand implement targeted improvements. **Data-Driven Insights for Smarter\nDecisions** Analysing trends and performance data empowers our team to make\ninformed, proactive decisions. By identifying productivity patterns, we can: \u2022\nAddress bottlenecks before they escalate \u2022 Reallocate resources to high-\npriority tasks \u2022 Continuously refine workflows to achieve maximum efficiency\nThis approach ensures operations remain agile and responsive to changing\ndemands.\n\n## **Financial and HR Alignment**\n\nOur labour management solutions deliver tangible benefits for financial and HR\nprocesses. This is done by enabling accurate cost calculation through grouping\nworked hours by employee type (e.g., interim, fixed, overhead) for precise\noperational cost analysis, and ensuring payroll accuracy by linking paid hours\nto actual worked hours. This aligns HR and payroll data and acts as a reliable\ncontrol mechanism. These features reduce administrative overhead while\nimproving transparency and accuracy across departments.\n\n## **Leading the Way in Labor Management**\n\nAt Katoen Natie, we are not just adapting to industry trends\u2014we are setting\nthe standard. Our Integrated Labor Management Solutions combine cutting-edge\ntechnology with practical insights, delivering real value to our operations\nand clients. By connecting labour planning with warehouse systems, we ensure\nevery action is efficient, every resource is optimized, and every decision is\nbacked by data. Curious to see how data-driven labour management can transform\nyour operations? Reach out to us and speak with an [ **expert**\n](https://consumergoods-industry.katoennatie.com/contact/) **** today and take\nthe first step toward a smarter, more efficient supply chain.\n\n[ Read more ](https://consumergoods-industry.katoennatie.com/news/efficient-\nlabour-management-in-logistics-how-katoen-natie-optimises-workforce-\noperations/)\n\nLoad more\n\n**Katoen Natie**\n\nVan Aerdtstraat 33 \nB-2060 Antwerpen\n\n[ ](mailto:)\n\n[ ](tel:+)\n\n[ LinkedIn ](https://www.linkedin.com/company/katoen-natie-cgi) [ Facebook\n](https://nl-nl.facebook.com/KatoenNatieOfficial/) [ Instagram\n](https://www.instagram.com/katoennatieofficial/) [ YouTube\n](https://www.youtube.com/channel/UC_z1Pu5g2zeKFIRjnjZlPtg)\n\n * [ Sitemap ](https://consumergoods-industry.katoennatie.com/sitemap/)\n * [ Downloads ](https://consumergoods-industry.katoennatie.com/downloads/)\n\n2025 \u00a9 Katoen Natie. All rights reserved. - [ Cookie policy\n](https://www.katoennatie.com/cookie-policy/) \\- [ Visitor\u2019s privacy policy\n](https://www.katoennatie.com/visitors-privacy-policy/)\n\n",
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"summary": "This page explicitly mentions 'Brico' in the context of Kingfisher France. The source is a company website, suggesting a good degree of accuracy. The content is factual and related to a business partnership.",
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"page_content": "Skip to content\n\n * [ RECRUITMENT ](https://www.groupe-briconord.com/en/recruitment/)\n * [ CONTACT ](https://www.groupe-briconord.com/en/contact/)\n * [ ](https://www.groupe-briconord.com/nl/nieuws/de-mvo-aanpak-binnen-de-briconord-groep/)\n * [ ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ ](https://www.groupe-briconord.com/actualites/la-demarche-rse-au-sein-du-groupe-briconord/)\n\n__ Top bar Anglais\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n# The CSR approach within the Briconord Group\n\nYou are here:\n\n 1. [ Home ](https://www.groupe-briconord.com/en/ \"Home\")\n 2. [ NEWS ](https://www.groupe-briconord.com/en/category/news/ \"NEWS\")\n 3. The CSR approach within the\u2026 \n\n[ Apr 11 2023 ](https://www.groupe-briconord.com/en/2023/04/11/ \"10h49\")\n\n[ NEWS ](https://www.groupe-briconord.com/en/category/news/)\n\n> More than ever, the theme of CSR, corporate social responsibility, is in the\n> air. The Briconord Group positions itself as an active player in the\n> evolution of the industry towards greater responsibility and commitment.\n> Numerous actions have been put in place to meet the environmental challenges\n> of developing sustainable offers and reducing the overall impact of the\n> industrial sector on the environment. It is with this deep commitment that\n> the Group is evolving to build the industry of tomorrow.\n\n## Interview with the CEO of the Group Christian Guillou\n\n### _Why implement a CSR approach in the company?_\n\nCSR (Corporate Social Responsibility) is one of the fundamental pillars in the\nconduct of all activities of a responsible company. For the Briconord Group,\nit is therefore a question of carrying out our activities by contributing to a\nresponsible development approach that pushes towards greater sustainability\nand the implementation of factual, measurable and verifiable practices for all\nour activities. This virtuous eco-citizen and social policy is fully in line\nwith our logic of development and to better respond to environmental and\nsocial issues such as: the development of sustainable product offers, the\nreduction of the global impact of the sector on the environment, the well-\nbeing of our employees and the impact that we have on the territories where we\nare established\n\n### _What is Briconord\u2019s CSR approach based on?_\n\nOur CSR approach is based on four pillars that stem from the United Nations\u2019\nSustainable Development Goals (SDGs): human and social responsibility,\ncorporate responsibility, well-being at work and environmental protection.\n\n### _How should each employee of the Briconord Group be involved?_\n\nFor each of the pillars, there are commitments and expected actions. The\nsuccess of this approach can only be achieved through individual initiative\nand committed behaviour. For it to work, a good CSR approach must be validated\nand supported by all the players in the company: from management, to the\nsupport and sales functions, via manufacturing, supply and logistics, etc.,\nbut also our suppliers and other partners.\n\n### _What example can you give us of the importance of this approach?_\n\nWhen we bid on tenders for our major clients, we have to demonstrate what we\nare doing in terms of CSR. For example, the calculation of the carbon\nfootprint of our products, our eco-design logic, or the consideration of the\nfuture of our products from their design to their \u201cend of life\u201d. It is also\nnoted that the recycling channels at our various sites have been set up\nefficiently.\n\n### _What is the agenda around this approach within the Group?_\n\nPresentation meetings are organised from April onwards in all company\ndepartments with the delivery of a reference document. Our aim is to be able\nto explain the process to everyone, because it is the action of everyone that\nwill ensure the success of our actions. As such, in each company of the Group,\nthere is a CSR manager who coordinates the approach, serves as a reference and\naccompanies the operational staff for the CSR initiatives.\n\n### _What are the main problems we may encounter?_\n\nIt is important not to get lost in a multitude of actions without objectives.\nThe approach will be introduced gradually, with the aim of achieving tangible\nand measurable results with quantitative and qualitative indicators. It is\nimportant to find the right balance so that all stakeholders benefit, but also\nto be particularly uncompromising on ethical aspects, environmental criteria\nand social progress. The CSR approach is a new way of looking at our business.\nIt will enable us to respond to the various challenges and thus better ensure\nthe long-term future of our Group.\n\n### _To conclude, what is your objective for the CSR approach?_\n\nThe group is committed to this approach with the aim of being a responsible\nplayer in home improvement and hardware and building sustainable growth. This\nobjective is reflected in the headline of our document: \u201cOur commitment to\ntomorrow\u2019s performance\u201d.\n\n**[ Download the BRICONORD Group CSR Charter (PDF) ](https://www.groupe-\nbriconord.com/wp-content/uploads/2023/03/CharteRSE-GroupeBriconord-EN.pdf) **\n\nCategory: [ NEWS ](https://www.groupe-briconord.com/en/category/news/) [ By\nGroupe Briconord ](https://www.groupe-briconord.com/en/author/admin7502/\n\"View all posts by Groupe Briconord\") [ 11 April 2023 ](https://www.groupe-\nbriconord.com/en/2023/04/11/ \"10h49\")\n\n#### Author: Groupe Briconord\n\n[ https://www.groupe-briconord.com ](https://www.groupe-briconord.com)\n\n### Related posts\n\n[ ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-\nawarded/)\n\n[ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-\nbriconord.com/en/news/cf-news-grand-prix-briconord-awarded/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n\n[ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-\nbriconord.com/en/news/renoporte-new-and-successful/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-\ngedimat/)\n\n[ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-\nbriconord.com/en/news/norail-nordlinger-are-at-gedimat/) \n29 March 2023\n\n[ ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-\nwebsite/)\n\n[ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-\nbriconord.com/en/news/starblock-new-look-for-a-new-website/) \n11 January 2023\n\n[ ](https://www.groupe-briconord.com/en/news/development-of-e-commerce-teams/)\n\n[ Development of e-commerce teams ](https://www.groupe-\nbriconord.com/en/news/development-of-e-commerce-teams/) \n11 January 2023\n\n[ ](https://www.groupe-briconord.com/en/news/briconord-group-on-the-smart-\ncroissance-programme/)\n\n[ Briconord Group on the Smart Croissance programme ](https://www.groupe-\nbriconord.com/en/news/briconord-group-on-the-smart-croissance-programme/) \n3 February 2022\n\n## The latest news\n\n * [ The CSR approach within the Briconord Group ](https://www.groupe-briconord.com/en/news/the-csr-approach-within-the-briconord-group/)\n * [ CF NEWS Grand Prix: BRICONORD awarded! ](https://www.groupe-briconord.com/en/news/cf-news-grand-prix-briconord-awarded/)\n * [ R\u00e9no\u2019Porte: new and successful ](https://www.groupe-briconord.com/en/news/renoporte-new-and-successful/)\n * [ NORAIL & NORDLINGER are at Gedimat ](https://www.groupe-briconord.com/en/news/norail-nordlinger-are-at-gedimat/)\n * [ STARBLOCK\u00ae NEW LOOK FOR A NEW WEBSITE ! ](https://www.groupe-briconord.com/en/news/starblock-new-look-for-a-new-website/)\n\n[ Contact ](https://www.groupe-briconord.com/contact/)\n\n## Briconord Group\n\n * [ Companies ](https://www.groupe-briconord.com/en/companies/)\n * [ Group ](https://www.groupe-briconord.com/en/group/)\n * [ Brands ](https://www.groupe-briconord.com/en/brands/)\n * [ Innovation ](https://www.groupe-briconord.com/en/innovation/)\n * [ CSR approach ](https://www.groupe-briconord.com/en/rse/)\n * [ NEWS ](https://www.groupe-briconord.com/en/news/)\n\n[ ](https://www.groupe-briconord.com/en/)\n\n[ Privacy Policy ](https://www.groupe-briconord.com/en/privacy-policy/) \\- [\nCookies ](https://www.groupe-briconord.com/en/cookie-policy/) \\- 2025\nBriconord Group\n\nGo to Top\n\n",
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