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B&Q expanded into China during 1999, building up a chain of nearly 40 shops, but opted to sell a 70% controlling stake of operations in China to Wumart in 2015, due to poor sales. [50] B&Q's parent company had previously sold its 50% stake in B&Q Taiwan in 2007 in order to focus on what was then a rapidly growing business in China. [13]
On December 5, 2000, after several dramatically unprofitable years, it announced that 67 stores would be converted to a home decorating superstore chain, House2Home, and the remainder closed. House2Home would fare no better, filing for Chapter 11 bankruptcy on November 7, 2001, and ceasing operations by early 2002 after 19 years of service.
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