Slovakia: Hornbach launches fourth store

Hornbach has opened it’s fourth Slovakian store, after two outlets in the capital Bratislava and one in the eastern Slovak Košice. According to the company, over €22m were invested in land, construction and equipment. “Hornbach achieved Group-wide sales growth of 5.3% in the past financial year. The region of Slovakia has an above-average share of this gratifying development,” explained Jaroslav Paděra, regional manager of Hornbach in Slovakia and the Czech Republic. “This encourages us in our commitment in this country, in which we have held in the difficult times of the economic and financial crisis. We are growing organically step by step and are very pleased that we are now expanding our store network with an attractive market here in the northeast of the country.” Currently, Hornbach’s product range in Slovakia comprises more than 120,000 items.

 

Read more at: www.baumarktmanager.de

UK: Screwfix opens two new stores in one day

The UK omni-channel retailer Screwfix is ploughing ahead with expansion plans, opening trade counters in both High Wycombe and Northallerton on the same day earlier this month. The two new units join Screwfix’s network of more than 640 stores nationwide and form part of the Kingfisher-owned chain’s plan to have more than 97% of the UK population within a 30-minute drive of one of its stores. The business is set on rapid expansion and, just last month, Screwfix opened four new branches, with three officially opening their doors on the same day on July 18.

Read more at: www.diyweek.net