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B&Q plc is a British multinational DIY and home improvement retailing company, headquartered in Eastleigh, England, United Kingdom and is a wholly owned subsidiary of Kingfisher plc. Founded by Richard Block & David Quayle in 1969 originally as Block & Quayle, the retail chain offers over 40,000 products across their 300 stores and through their online presence.
Since 2015, B&Q have been closing a number of stores in favour of converting some to Screwfix outlets; B&Q's parent company believes this strategy can help increase profits, although could cost up to £1billion to fully implement the changes.
Outside of the United Kingdom, B&Q have outlets in Ireland and previously in Taiwan and China prior to terminating those interests in 2007 and 2015 respectively, due to poor sales and low embracement from the Chinese public. Reports in 2007 suggested it was the second largest in Europe and the fourth largest in the world (behind the Home Depot, Lowe's & OBI).