UK: Screwfix to open 40 new stores this year, creating around 400 jobs

Screwfix, the multichannel retailer, is to open 40 stores this year, creating around 400 new jobs in local communities. The new openings demonstrate continued growth of the business and a growing demand for convenience, despite the challenges of Covid-19.

30 new stores in the UK will create up to 300 jobs in areas such as retail management, service assistants and supervisor roles, by the end of January 2021. More than 10 stores are planned in the Republic of Ireland (ROI), which will create up to 160 jobs over the same period.

As an essential retailer, Screwfix adapted its proposition in order to remain open during the lockdown to allow its customers to safely access the products they need.

The rapid growth of Screwfix has seen the trade retailer open at least 50 stores a year for the past decade, making it one of the fastest growing retailers in the UK. It now has more than 680 stores, with a long-term target of 800 in the UK. Screwfix currently has five stores in the ROI, which opened in early 2020. The business hopes to open up to 40 stores in the ROI over the coming years, creating around 400 jobs in total.

 

Ireland: Screwfix plans for 40 stores

Screwfix Sandyford and Swords in Dublin along with a Waterford store all opened last month, with more stores planned for 2020. As part of Screwfix’s expansion plans, there is the potential for the business to open up to 40 stores over the coming years, creating over 400 employment opportunities in Ireland. The vacancies will be available in a variety of areas such as retail management, service assistants and supervisor roles. Each store will stock 10,000 products, from power tools and work wear to heating and electrical with 24,000 products available to order online and over the phone for delivery and collection from store. Screwfix CEO, John Mewett, said: “We’re extremely excited to be launching Screwfix stores in Ireland to help tradespeople get their jobs done quickly, affordably and on time. The creation of bricks and mortar stores in Ireland is a major milestone for us and a direct result of the increasing demand from Irish tradespeople for our fantastic range of products.”

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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.

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UK: Four new Screwfix outlets

The Kingfisher-owned chain Screwfix is set to open four new branches this month, with three officially opening their doors on 18 July. The new sites are all located in southern England in Wiltshire, Bristol, Kent and Warwickshire. Screwfix has said it is “confident” it has chosen great locations for all of the new sites. Screwfix reported a sales uplift of 9.6% in Q1 with LFL at +4.5% and four new outlets opening in the UK between January and April 2019, adding to its growing network of over 620 stores nationwide. Since then, the business has opened a further two sites, in Linlithgow and Towcester.

 

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UK: Change at the top for Kingfisher

Owner of DIY giant B&Q, and Screwfix, Kingfisher plc confirms CEO Véronique Laury will step down from her position and the Board will ensure an “orderly transition”. A departure date has not yet been decided, but the succession process has commenced immediately, the group has said.

Véronique Laury commented: “I have enjoyed leading the ONE Kingfisher team through the transformation to become the leading home improvement company. We have a strong purpose to create good homes by making home improvement accessible for everyone. I have always been passionate about this and still am. I would like to thank all our colleagues for their hard work and great achievements. Leading the transformation has been so exciting but also very challenging. As the transformation approaches its final year, I believe it is right for someone else to lead the next phase of the ONE Kingfisher journey. I will continue to give 100% until the day I depart.”

Andy Cosslett, Chairman, commented: “Vero has been a powerful leader of the business and the driving force behind our plan to turn Kingfisher into a more unified and innovative business. This year will mark a transition in our transformation journey having now reached a critical mass… Vero has brought great vision to the business and I would like to take this opportunity to thank her for all of her hard work and passion, and for her ongoing commitment to transforming Kingfisher into a business with a stronger foundation for sustainable growth.”

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