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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Sep- 2023 -19 SeptemberNews
B&Q owner Kingfisher slashes full-year guidance
B&Q owner Kingfisher has slashed its full-year profit guidance to £590m, down from £634, as the retailer continues to face hard trading conditions. It comes as operating profit for the six months ended in July was £367m, down 30.9% from the £531m reported in the same period last year. Group…
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Jul- 2023 -10 JulyNews
Bensons for Beds appoints new non-executive director
Nationwide sleep experts Bensons for Beds has announced the appointment of Lindsay Haselhurst as a non-executive director. Haselhurst previously held a number of senior roles at logistics giant Wincanton across UK and Europe, having more than 20 years of experience in operations and supply chain. She is currently chief operating…
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May- 2023 -24 MayDIY
Kingfisher Q1 sales hit £3.3bn
Kingfisher has revealed that it has posted £3.3bn in sales for the three months to 30 April 2023, an increase of 0.8% year on year. The B&Q and Screwfix owner stated that 18% of sales were affected by poor weather conditions in the spring causing a like for like decrease…
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Apr- 2023 -26 AprilNews
Screwfix to install defibrillators in all nationwide stores
Screwfix, the British retailer of trade tools, has partnered with the British Heart Foundation to install defibrillators in all of its stores in the UK and Ireland. This will make it the first trade retailer to roll out defibrillators on a mass scale. It’s estimated that tens of thousands of…
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5 AprilDIY
Screwfix to open 85 new stores in 2023
Screwfix, the omn-ichannel retailer, has announced plans to open up to 85 new stores across the UK, Ireland and France by the end of January 2024, creating more than 800 jobs in local communities. The announcement follows a record year of store openings in 2022, including its first five stores…
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Mar- 2023 -21 MarchDIY
Screwfix acquires assets of Connect Distribution Services Limited
Screwfix, the omnichannel trade retailer and part of Kingfisher plc, has announced it has acquired the stock, intellectual property, contracts and fixed assets of Connect Distribution Services out of administration, for a cash consideration of £3m. Connect Distribution Services Limited is a retailer of appliance spares, accessories and consumables to…
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Feb- 2023 -24 FebruaryDIY
B&Q and Screwfix staff to receive 8% pay rise
Kingfisher is reportedly set to increase the hourly pay rate for its B&Q and Screwfix staff by more than 8% year-on-year, Retail Week has revealed. The changes will be effective from the beginning of the new financial year. Shopfloor workers across both businesses will see their pay rise to £10.60…
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3 FebruaryDIY
Screwfix closes in on 1,000 store target with 87 new sites in 2022
Trade retailer Screwfix is on track to reach its ambition to open more than 1,000 stores across the UK, Republic of Ireland and France, following the opening of 87 stores in the past 12 months. The retailer opened 72 new stores in the UK, 10 in the Republic of Ireland…
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Nov- 2022 -24 NovemberDIY
Kingfisher lowers upper end of FY guidance
Home improvement retailer Kingfisher has lowered its upper guidance for its FY 22/23 pre-tax profit range despite seeing an increase in sales for the three months to October 31. The B&Q owner said it now expects its FY adjusted pre-tax profits to come in between £730m to £760m. However, overall…
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Jun- 2022 -10 JuneDIY
The Screwfix Foundation raises £10m since launch
Kingfisher has revealed that Screwfix’s customers and colleagues have raised £10m for The Screwfix Foundation since launching in 2013, in a bid to support charities and non-profit organisations across the UK. Through the company’s partnership with micro-donation charity Pennies, The Screwfix Foundation has received more than 29 million micro-donations from…
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