skip to main content
Find Insight DIY on
* * *

UK DIY News

Kingfisher to expand Screwfix division

Kingfisher, which owns DIY chain B&Q, has unveiled plans to expand its Yeovil-based trade supply arm Screwfix. It plans to open 40 new stores by January 2012, creating more than 1,200 jobs.

The expansion will increase the number of Screwfix stores to 215. And Kingfisher said that 30 of these openings would be in a new smaller format.

Euan Sutherland, chief executive of Kingfisher UK & Ireland, said: "At Screwfix, we have been trialling a smaller store format for some time and it has proved very popular with customers. The new format opens up a lot of new locations that would not otherwise have been possible. It gives us scope to expand the Screwfix network to over 300."

As well as 1,000 new jobs at Screwfix, an additional 230 jobs will be created from the conversion of 29 former Focus stores into B&Qs. Five of these new stores are already trading.

This morning, Kingfisher also unveiled results showing a 24 per cent rise in half-year profits to £439m.

Source: Insider Media
www.insidermedia.com/insider/south-west/58912-/

15 September 2011
view more UK DIY News
*

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

*
Paul Boyce - European CEO, QEP Ltd.
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry