All Screwfix articles
Screwfix is a fast-growing DIY retailer that targets trade professionals with a highly regarded multichannel operation. Originally founded as a mail-order operation based in Yeovil, Somerset, in the late 1970s, the business now trades from over 800 stores across the UK and delivers to more than 20 European countries. Screwfix’s first website was launched in February 1999, while its click-and-collect service and transactional mobile website both launched in 2011.
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NewsToolstation takes on Screwfix Sprint with 60-minute delivery service
Toolstation is launching a rival rapid-delivery service that aims to match Screwfix Sprint’s 60-minute guarantee for the same delivery fee.
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Retail Navigator AnalysisScrewfix (Financials)
UK sales at Screwfix rose 3.2% to £2,419.8m for the year ending 31 January 2024 (FY2023) with like-for-like sales climbing 1.4%, with the retailer gaining market share. It delivered a “good performance” across most categories, with tools and hardware, building and joinery and outdoor performing “particularly well”. Sales slowed in its second half, however, with like-for-like sales down 0.2% due to a weak market in December and unseasonably warm weather throughout the period.
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NewsKingfisher sales have slipped across several markets
Kingfisher has recorded a sales decline across several of its markets but said there were “resilient volume trends” in core product categories.
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Retail Navigator AnalysisScrewfix (Strategy)
Screwfix unveils its new smaller format store- ‘Screwfix City’ in select London locations. The retailer has chosen high footfall areas for its initial rollout, planning to reach 100 stores across the UK in the next few years.
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NewsKingfisher appoints British Land exec as CFO
DIY giant Kingfisher has appointed Bhavesh Mistry as its new chief financial officer and board member.
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NewsKingfisher records positive sales in UK while sales in France fall
Kingfisher has kept its full-year guidance, recording positive sales in the UK offset by a sales decline in France.
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DataWhat makes Screwfix’s enviable ecommerce strategy stand out?
Screwfix is among the top 30 UK retailers recognised by analysts for leading ecommerce performance in the new Top 30 Ecommerce Retailers report. Here we deep-dive into the DIY brand’s digital model
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NewsKingfisher cautious on outlook as international sales slip
Kingfisher is remaining cautious on its outlook for the next financial year after it saw total and international sales slip.
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NewsExclusive: Deliveroo expands Screwfix partnership to 15 locations
Deliveroo has expanded its partnership with Screwfix to reach 15 locations since its launch, Retail Week can reveal.
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NewsKingfisher sets 20,000 staff training target for B&Q and Screwfix
B&Q and Screwfix owner Kingfisher aims to have thousands of colleagues complete an apprenticeship, traineeship or formal qualification by 2030.
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NewsDeliveroo teams up with Screwfix for DIY rapid delivery
Deliveroo has made a significant foray into non-food categories with the launch of ‘Deliveroo Shopping’.
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AnalysisKitchen nightmares: what do property market worries mean for DIY retailers?
What do the UK’s biggest home improvement retailers think about the trouble swirling in a market which closely mirrors the fortunes of their own?
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NewsKingfisher cuts profit forecast as tough trading conditions bite
DIY giant Kingfisher has slashed full-year profit expectations after facing harsh trading conditions, particularly in overseas markets.
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InterviewQ&A: Kingfisher’s Dorothee D’Herde on meeting cost and sustainability needs
Kingfisher’s director of responsible business Dorothee D’Herde speaks to Retail Week about how the cost-of-living crisis is shaping how shoppers view sustainability
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NewsLick to launch online with B&Q
Lick Home’s paint range is now available to shop online from B&Q’s site diy.com, alongside a raft of new home decorating assistance for shoppers.
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Innovation of the WeekInnovation of the Week: DIY retailers join forces to tackle emissions
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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NewsKingfisher sales dampened by wet weather
Kingfisher has reported flat sales as wet weather dampened demand for seasonal products like barbecues and garden furniture.
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NewsScrewfix takes rapid delivery service to TV with new campaign
Screwfix is launching a promotional campaign for its 60-minute rapid delivery service, Screwfix Sprint.
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AnalysisStrategy spotlight: Five ways Kingfisher is maximising growth with Screwfix
Barring the huge boost for the sector during the pandemic, DIY giant Kingfisher has been reliant on its Screwfix trade-counter format to drive sales and profit growth in recent years. Meanwhile, its larger businesses, including B&Q in the UK and Brico Dépôt and Castorama in France, have struggled in a difficult trading environment
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NewsScrewfix ramps up expansion plans with more store openings
Screwfix plans to add more stores to its ambitious opening target, following a record year of openings in 2022.