Kingfisher is to reorganise its Screwfix Direct tools business, including the development of a new head office in Yeovil, the opening of a new distribution depot in Stoke-on-Trent and the closure of a depot in Leicester.
Kingfisher is preparing plans for the national roll out of its new Woolworths General Store format, which will involve 100 new stores and the conversion of 300 existing stores over the next five years.
Kingfisher is to invest £60m in its internet retailing operations this year, and has also announced the formation of five e-commerce business units - electrical, DIY, health, home and investments in other internet businesses.
Kingfisher is planning to open 15 more B&Q Warehouse DIY stores this year with the creation of up to 2,000 jobs, and about 200 new jobs will be created at its Screwfix mail order business.
Kingfisher is linking up with Group Arnault to launch a free internet access service in France called Libertysurf, which will be available through Kingfisher's French stores and then extended to other countries in continental Europe.
Kingfisher is in discussions with property companies about plans to develop a chain of Woolworth's discount stores in out-of-town locations, and a trial store is expected to be built at Kinnaird near Edinburgh.
Kingfisher is discussing the possible acquisition of Castorama, the French DIY retailer, for about £2bn, although other forms of co-operation between the two companies are also on the agenda.
Kingfisher is to increase its stake in BUT, the French electrical retailer, from 26% to about 62% at a cost of £103m, and will combine the business with its pan-European Kingfisher Electrical Retailing division.
Asda and Kingfisher are said to have called off possible merger talks, although Asda says the discussions were to explore ways of working together in areas where the two retailers overlap.
Kingfisher has ended talks over the £225m acquisition of But, the French retailer, apparently due to concern over the prospects for the French economy and a reluctance to move into furniture retailing.