Screwfix
This coverage examines Screwfixโs 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 โ 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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Jan- 2021 -29 JanuaryDIY
Screwfix reaches ยฃ2bn in yearly sales
Omnichannel retailer Screwfix has surpassed ยฃ2bn in sales for the year to January 2021, creating thousands of new jobs in the process. The firm has also managed to open 30 new stores in the period, bringing its UK and Ireland portfolio to 725. The sales milestone represents a doubling in…
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25 JanuaryBusiness Bites
Five retailers who excelled during the Christmas season
Asos Asos has gone from strength to strength in the past few years with this year being no different. Over the peak festive season it saw its sales increase by 23% to ยฃ1.32bn from ยฃ1.074bn the previous year, which the group claimed was due to support by investors who…
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Nov- 2020 -19 NovemberDIY
Kingfisher reports 17.6% sales growth in Q3
Kingfisher has announced that sales rose by 17.6% to ยฃ3.5bn in the third quarter ended 31 October. In light of the return of regional and national lockdowns across the UK, ecommerce sales soared by 153% in the period, which contributed towards 17% of the groupโs overall sales. The B&Q owner…
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Oct- 2020 -1 OctoberDIY
Kingfisher offloads Russian chain in ยฃ73m deal
B&Q and Screwfix owner Kingfisher has announced it has offloaded Castorama Russia to Russian home improvement firm Maxidom in a ยฃ73m deal. Kingfisher, which has approximately 1,350 stores across eight European countries, said that the deal was closed on 30 September with 80% paid at the closing of the transaction.…
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Aug- 2020 -28 AugustDIY
Screwfix to open 40 new stores, 400 jobs created
Screwfix is set to open 40 stores this year, in a move that will create around 400 new jobs in local communities.ย According to its parent company, Kingfisher, the new openings โdemonstrate continued growth of the business and a growing demand for convenience, despite the challenges of Covid-19โ. Some 30…
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Jul- 2020 -22 JulyDIY
Kingfisher sales boosted by e-commerce
Kingfisher has announced that like-for-like sales soared by 21.6% in the quarter ended 18 July, as it continued to experience โstrong demandโ across its markets. The B&Q and Screwfix owner said these results reflected โstrongโ e-commerce growth in the period, as well as a boost from the phased reopening of…
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May- 2020 -12 MayDIY
Kingfisher sales drop 25% in Q1 results
B&Q and Screwfix owner B&Q has revealed its first quarter sales fell by 24.8% to ยฃ2.2bn as the impact of the coronavirus hit its core markets of UK, Ireland and France. Kingfisher said it saw UK and Ireland sales fall 14.7% to ยฃ1.09bn, with B&Q sales plummeting 22.1% to ยฃ663m.…
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6 MayPeople Moves
McColls CFO departs to join Holland and Barrett
McColls CFO Robbie Bell has announced his departure from the convenience store chain to take up an equivalent role at health and wellbeing retailer Holland and Barrett. Bell succeeds Greg Watts, who has held the position of CFO at the retailer on an interim basis since last year. Bell joined…
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Nov- 2019 -20 NovemberDIY
Kingfisher sales take a tumble in Q3
Kingfisher, the parent company of B&Q and Screwfix, has announced a poor quarter of sales in its latest trading update. Total sales slumped by 3.2%, in what CEO Thierry Garnierd called a โdisappointingโ result. Like-for-like sales were also down 3.7% for the quarter.ย ย Kingfisher said that disruption from new product…
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Sep- 2019 -18 SeptemberHigh Street
Kingfisher sales slip in H1 results
DIY retailer Kingfisher has reported a 0.9% decrease in total sales for the six months ended 31 July 2019. Retail profit was down 4.4% in constant currency, which it said was โlargely drivenโ by its French operations, and statutory pre-tax profit dropped by 12.5%, after exceptional items. B&Qโs total sales…
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