Screwfix is a DIY retailer that targets trade professionals with a highly regarded multichannel operation. Originally founded as a mail-order operation, the business now trades from over 900 stores across the UK. Since 1999, Screwfix has been part of Kingfisher, which is the world’s third-largest home improvement retailer behind US retailers Home Depot and Lowe’s.Retail Week provides news, analysis, features and opinion about Screwfix and the home and DIY sector.
Two of the UK’s biggest retailers are among the names circling a number of Homebase stores following the DIY retailer’s collapse into administration just weeks ago.
DIY giant Kingfisher has tightened its full-year profit guidance after sales remained flat in the three months to October 2024.
Toolstation is launching a rival rapid-delivery service that aims to match Screwfix Sprint’s 60-minute guarantee for the same delivery fee.
Kingfisher has recorded a sales decline across several of its markets but said there were “resilient volume trends” in core product categories.
DIY giant Kingfisher has appointed Bhavesh Mistry as its new chief financial officer and board member.
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