article_snippet: The home improvement chain  is to close as many as 60 of The home improvement chain   360 stores over the next two years as part of a restructuring of The home improvement chain   UK and Ireland business.
article_snippet: The planned store closures form part of a plan by new Chief Executive Veronique Laury to shake-up the 360-store B&Q business.
article_snippet: new Chief Executive Veronique Laury said the closure plan was one of a number of 'sharp' decisions being taken by the FTSE 100 company.
article_snippet: However, it is clear to new Chief Executive Veronique Laury that we need to organise we very differently to unlock we potential.'
article_snippet: the FTSE 100 company will also look to optimise vacant store space and is in discussions with several retailers about sub-letting opportunities.
article_snippet: Ms Laury denied that the UK DIY market was in decline and said the closure plan reflected a desire to reinvigorate the FTSE 100 company's UK offer.
article_snippet: Ms Laury added that it had long been clear that B&Q had too many stores in B&Q estate.
article_snippet: Forty-four of Mr Bricolage 500 stores, many of them franchises, would had to have been sold to placate regulators.
highlights_snippet: DIY giant will also reduce number of products and sub-let parts of stores .