1. News
May 16, 2022

Screwfix to open 80 stores in UK and Ireland by end of January

The retailer opened 70 stores last year and is due to open its 800th outlet next month.

UK-based home maintenance retailer Screwfix has announced plans to open 80 stores across the UK and Ireland by the end of January next year.

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The new stores will take Screwfix’s store portfolio to 870, with the retailer due to open its 800th store next month.

The company opened 70 stores last year.

Screwfix’s stores will feature electric air-source heat pumps to provide heating and hot water instead of gas.

The retailer already uses renewable electricity to power its entire store portfolio, with 250 of its stores equipped with air-source heat pumps.

Screwfix expects to create more than 800 jobs at the new stores, including vacancies for retail assistants, assistant managers and branch managers.

Screwfix CEO John Mewett said: “We know how busy tradespeople are and how important it is to be able to find a Screwfix store close to site.

“In opening more stores across the UK and Ireland, we’re making Screwfix even more accessible to tradespeople, ensuring they can get their job done quickly, affordably and right first time.

“We’re also delighted to be having a positive impact on local communities, creating more than 800 jobs for local people.

“This is a very exciting time to be part of Screwfix as we deliver on our ambitious growth plans, and I look forward to welcoming our new colleagues in the coming months.”

Screwfix offers more than 34,000 products, ranging from power tools and workwear to cables and pipe fittings, through online and local stores.

The company also has more than 10,000 products available for pick up from 778 stores nationwide.

It is owned by multinational retailing company Kingfisher, which is supporting the retailer’s growth plans.

Last August, Screwfix revealed plans to open 11 stores in Ireland, creating 140 jobs in the process.

Free Whitepaper
img

What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.