Screwfix
This coverage examines Screwfix’s role and strategy in the UK retail trade sector. Reporting highlights store openings and closures, product range expansions, trade-focused marketing campaigns, e-commerce and delivery enhancements, and leadership changes — all assessed for their impact on sales, trade customer segmentation, and operational efficiency. The content is tailored for retail managers, procurement professionals, and executives in trade and DIY retail sectors.
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Nov- 2025 -25 NovemberDIY
Kingfisher ups guidance as revenues hit £3.3bn
Kingfisher has upped its FY guidance after seeing its revenues improve 1% to £3.3bn. The performance comes as underlying LFL sales rose 0.9% and YTD driven by a strong UK performance with continued market share growth leading to total sales of £1.65bn and LFL sales growth of 3%. Kingfisher said…
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Sep- 2025 -23 SeptemberDIY
Kingfisher ups guidance amid strong H1
Kingfisher has revealed that it is now targeting the “upper end” of its full year 25/26 adjusted PBT of between £480m to £540m, and free cash flow of between £480m to £520m after a strong half year. During the period, the company saw its sales rise to £6.81bn for the…
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12 SeptemberClothing & Shoes
B&Q eyes plans to cut 650 jobs to ‘simplify’ structure
B&Q is reportedly considering plans to cut around 650 jobs in order to “simplify” its structure. According to media reports first revealed by Retail Week, the DIY retailer is looking to reduce the number of trading manager, deputy manager and team leader roles. B&Q said it is in consultation with…
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May- 2025 -28 MayDIY
Kingfisher sales rise 2.2% to £3.3bn in Q1
Kingfisher, which operates DIY brands Screwfix and B&Q, has reported that total sales rose 2.2% to £3.3bn in the first quarter ended 30 April. It comes as like-for-like sales grew 1.8% during the period, with the group noting a 2.7% boost in underlying growth, thanks to customers making more large…
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Mar- 2025 -25 MarchDIY
Kingfisher profits fall 7% to £528m in FY24
Kingfisher has reported a 7% dip in profits to £528m, including £33m of one-off business rates refunds at B&Q, during the year ended 31 January 2025. The home improvement retailer, which owns B&Q and Screwfix, has seen its total sales decrease 0.8% to £12.7bn. Operating profit for the group also…
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17 MarchDIY
Screwfix to open 35 new stores by Jan 2026
Screwfix, the omnichannel retailer, has announced plans to open up to 35 new stores across the UK and Ireland by the end of January 2026, creating more than 400 jobs in local communities. The store opening strategy is spearheaded by its recently launched new store format, Screwfix City. Screwfix opened…
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Dec- 2024 -3 DecemberNews
Accessorize launches new partnership with Deliveroo
Accessorize, the gifting, fashion accessories, and jewellery retailer, has announced a new partnership with Deliveroo offering customers on-demand delivery of more than 700 products. Traditionally found in airports, train stations, and high streets, Accessorize is now bringing its collection directly to shoppers’ doors through Deliveroo for the first time. With…
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Nov- 2024 -25 NovemberNews-In-Brief
Today’s news in brief-25/11/24
Asda has announced the return of Allan Leighton as executive chair, succeeding Stuart Rose. Leighton, who served as CEO of Asda from 1996 to 2001, brings extensive leadership experience, including roles at The Co-op and Loblaw Companies. Rose will remain on the board temporarily to ensure a smooth transition. Under…
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25 NovemberDIY
Kingfisher lowers profit guidance amid flat Q3 sales
Kingfisher has lowered its full-year profit guidance after posting flat sales of £3.2bn for the three months ended 31 October, a 0.6% decline. As a result of this, the company expects its adjusted PBT guidance to be in the range of c.£510m to £540m, previously c.£510m to £550m. The B&Q…
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Sep- 2024 -17 SeptemberNews
Today’s news in brief-17/9/24
THG (The Hut Group) has announced plans to potentially demerge its technology arm, THG Ingenuity. This move follows the group’s interim results for the half-year ending June 30, 2024, which showed a 1.6% rise in adjusted EBITDA despite a 3.6% decline in year-on-year sales. THG Ingenuity saw a notable 12.6%…
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