All Screwfix articles – Page 3
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InterviewInterview: Kingfisher’s Thierry Garnier on building a new mindset at the DIY giant
With the pandemic prompting an acceleration in-store and online innovation, Kingfisher chief executive Thierry Garnier talks us through the group’s new retail formats, its test-and-learn approach and how that has shaped a new way of thinking throughout the business.
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NewsKingfisher raises profit guidance as sales surge across Europe
Kingfisher has upgraded its profit guidance after sales powered ahead of pre-Covid levels across its international markets.
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AnalysisDeep dive: Tackling the fulfilment nightmare before Christmas
With online sales expected to remain high this golden quarter and the industry facing operational challenges as the first post-Brexit Christmas, Retail Week explores how retailers can shore up their operations and fulfilment to meet consumer demand ahead of peak.
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Analysis‘I want it and I want it now’: How Dixons and Screwfix are serving impatient shoppers
As rapid delivery services multiply across grocery, Retail Week explores how Dixons Carphone and Screwfix are joining the race to bring laptops and power tools to customers in half an hour or less.
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NewsScrewfix to trial half-hour deliveries to local builders and DIYers
Screwfix is to begin a trial in Bristol delivering products in as little as 30 minutes.
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NewsKingfisher and Burberry unveil ‘ambitious’ new sustainability targets
Kingfisher and Burberry have lifted the lid on ambitious new carbon reduction targets in a bid to beef up their sustainability credentials.
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NewsKingfisher signs credit deal linked to sustainability targets
Kingfisher has announced a new revolving credit facility conditioned to its ambitious sustainable and community-based targets.
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NewsKingfisher raises outlook as sales continue to soar
Kingfisher has raised its profit predictions for 2021/2022 as its sales increased in almost all markets.
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Retail Navigator AnalysisScrewfix (SWOT)
With upwards of 900 stores now trading across the UK and Ireland, Screwfix is firmly on track for its target of 1,000 outlets over the next couple of years. This should see parent company Kingfisher take an increasing share of the trade market – particularly since B&Q has also moved into this market through the launch of TradePoint counters.
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Retail Navigator AnalysisScrewfix (People)
Digital director John Mewett took the Screwfix helm as CEO in October 2018 after former boss Graham Bell moved over to take charge at B&Q.
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Retail Navigator Analysis
Screwfix (Overview)
Screwfix is a fast-growing DIY retailer that targets trade professionals and serious DIYers with a highly regarded multichannel operation. Originally founded as a mail order operation in the 1970s, the business now trades from nearly 900 stores across the UK and Ireland and delivers to more than 20 countries from its European website.
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AnalysisAnalysis: Why Kingfisher boss Thierry Garnier believes lockdown trends will last
DIY giant Kingfisher has posted a year of strong growth as the home improvement trend continued to thrive in lockdown – but how sustainable will the newfound passion for DIY be?
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NewsScrewfix set to open 50 new stores this year
Screwfix has announced plans to open 50 new stores across the UK and Ireland in 2021.
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NewsScrewfix sales hit £2bn as store estate grows
Screwfix has doubled its sales to £2bn over the last five years, while continuing to open new stores despite the pandemic.
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NewsKingfisher expects profits at top end of range after strong fourth quarter
Home and DIY giant Kingfisher has said it expects full-year profits to be at the top end of its £667m to £742m estimate, following continued strong trading in its fourth quarter.
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AnalysisWhy Kingfisher’s NeedHelp acquisition is ‘missing piece of the puzzle’
Home and DIY giant Kingfisher announced the acquisition of French start-up NeedHelp this week, marking its first foray into the services sector.
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NewsKingfisher buys home improvement services marketplace NeedHelp
Kingfisher has acquired home improvement services marketplace NeedHelp as the group ramps up plans to become “more digital and service orientated”.
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NewsKingfisher sales surge as online demand drives growth
Kingfisher has posted a spike in sales during its third quarter as surging ecommerce demand drove its top-line growth.
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AnalysisHow B&Q owner Kingfisher is switching to digital-first stores
Kingfisher has shifted strategy to prioritise in-store picking and new store types as it seeks to accelerate the integration of on- and offline.
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NewsScrewfix to open 40 new stores by new year
Screwfix plans to open 40 new stores in the coming months despite the impact of the coronavirus pandemic on the retail industry.
