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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May- 2022 -23 MayDIY
Kingfisher sales drop despite supply pressures easing
Kingfisher has announced its like-for-like sales dropped 5.4% to £3.2bn in the three months ended 30 April 2022 (Q1), although this is up 16.2% from pre-pandemic levels as inflationary and supply chain pressures have eased. In the UK and Ireland, total sales fell 14.1% in Q1, but increased 16.7% on…
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16 MayDIY
Screwfix to open 80 new stores
Kingfisher-owned Screwix is set to open 80 new stores by the start of next year, creating around 800 new retail jobs. Boosted by the home-improvement surge during the pandemic lockdowns, the retailer revealed it has seen sustained demand from tradespeople and is set to expand its presence in the UK…
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13 MayPeople Moves
BRC board welcomes Kingfisher and AllSaints executives
The British Retail Consortium (BRC) has announced that Kate Seljeflot and Peter Wood have joined its board as non-executive directors. Seljeflot is currently the chief people officer at Kingfisher, a company whose brands include B&Q and Screwfix. The BRC said she has a “breadth” of experience in retail and business…
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Mar- 2022 -22 MarchDIY
Kingfisher hails ‘record’ year as profits surge 20.9%
Kingfisher has reported “record” revenue and profits for the year ending 31 January 2022 as adjusted pre-tax profits surged 20.9% year-on-year from £786m to £949m, reflecting higher retail profit and lower net finance costs. Total sales are up 9.9% to £13.18bn compared to £12.34m last year, and operating profit increased…
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Feb- 2022 -17 FebruaryPeople Moves
Kingfisher announces leadership shakeup
Kingfisher plc has announced a number of senior management changes to strengthen its group executive team and support the delivery of the group’s strategy. Sebastien Krysiak, currently chief executive officer (CEO) of Castorama Poland, has been appointed to the new role of chief commercial officer, with effect from 4 April.…
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Nov- 2021 -19 NovemberDIY
Kingfisher profits to reach top end of forecast after strong Q3
Kingfisher believes its full-year profit will be at the top end of guidance after welcoming a strong sales performance in its third quarter of trading, with positive results seen across both its retail and trade channels on a two-year basis. Two-year LFL sales were up by 15% in the period,…
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Sep- 2021 -21 SeptemberDIY
Home DIY boosts Kingfisher H1 profits to £677m
B&Q owner Kingfisher, has revealed that for the six months ending 31 July 2021, statutory pre-tax profits increased 70.6% to £677m from £398m the previous year. Total sales during the six-month period also increased by 19.9% to £7.1bn from £5.92bn in 2020 and was driven by strong demand for home…
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Aug- 2021 -12 AugustNews
Screwfix Launches Rapid Delivery Service
Screwfix is to launch a rapid delivery service called screwfix sprint that will deliver orders direct to site within 60 minutes. Following a successful trial, Screwfix will begin to roll-out the service, which will “meet the growing demand for speed and convenience from Britain’s tradespeople and DIY customers”. The latest…
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Jul- 2021 -15 JulyDIY
Kingfisher raises guidance as sales rise 22%
Kingfisher has announced it is raising its guidance for its half-year results after reporting that like-for-like sales in Q2 were up by 22.3% against 2019. In light of “high levels of demand” from its customers across retail and trade, the owner of B&Q and Screwfix now expects its half-year profit…
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Jun- 2021 -2 JuneDIY
Kingfisher signs £550m responsible credit facility
Kingfisher, the owner of B&Q and Screwfix, has signed a £550m three-year revolving credit facility agreement linked to responsible business targets. Through the agreement, Kingfisher will benefit from lower interest rates if the responsible business plan’s targets are met, with a two-year extension also a possibility. The targets focus on…
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