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. By each working over sixty hour, six day weeks, they were able to repay their bank overdraft within six months of opening, with turnover reaching £1million within the first five years of operating. Following the departure of co founder Block in 1976, the chain
Retailing in India owned by individuals or households engaged in the sale or production of goods and services operated on a proprietary or partnership basis and with less than ten total workers.' Based on this definition, Organized sector in India is defined as 'Organized sector is a sector consisting of all incorporated enterprises which are engaged in the sales or production of goods and services operated as private limited or limited organizations governed by Companies act and having more than ten total workers.' With this definition, Organized Retail Sector will be characterized as: Organised retailing, in India, refers to trading activities undertaken by