B&Q (short for Block & Quayle after the company's two founders) is a British multinational DIY and home improvement retailing company, headquartered in Eastleigh, England. It is a wholly owned subsidiary of Kingfisher plc. It was founded in March, 1969 by Richard Block and David Quayle. History 1969 to 1979: Early growth B&Q was founded in March 1969 in Southampton, England, by Richard Block and David Quayle, following the purchase and fitting out of a former furniture warehouse in the Southampton suburb of Portswood. Originally called Block & Quayle, the duo soon shortened the brand to B&Q as stock delivery notes and invoices were already unofficially abbreviating the name. B&Q were reported to have a customer base of seven million in July 2016, of which it was estimated 75% use the retailer's website to research their desired products, prior to purchasing in shop. B&Q have customer loyalty schemes, such as the Diamond Club scheme which entitles members over the age of 60 to a 10% discount on Wednesdays on many garden products. However, no new customers are able to join the scheme, after changes were announced on 2 August 2018 The retail chain offers over 40, 000 products across their three hundred shops and through their online presence. Reports in May 2007 suggested it was the second largest in Europe, and the fourth largest in the world (behind the Home Depot, Lowe's and OBI)
