Huge DIY brand to open 40 new stores starting in days – first locations revealed

A HUGE DIY brand is set to open 40 new stores across the UK over the next financial year.
Screwfix is set to open dozens of new stores nationwide as its owner, Kingfisher, seeks to expand the DIY brand’s national presence.


Screwfix is set to open dozens of new stores in 2024/25Credit: Reuters

Kingfisher will open up to 40 new Screwfix stores in the year, and The Sun can reveal the first of five new shops swinging their doors open to shoppers.
Screwfix opened two new stores this month and a further three new shops will open in April.
A new store on Lordship Lane, East Dulwich, opened to customers on Monday, March 4.
On Saturday, March 23, Screwfix opened another store in Staverton, Gloucester.

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The brand will then open three more brand-new stores in the following locations:

Burslem, Stoke – opens Friday, April 12
South Molton, Devon – opens Friday, April 26
Sherborne, Dorset – opens Thursday, April 18

Kingfisher reported that Screwfix opened 51 stores in the last financial year after publishing its full-year results on Monday.
Screwfix employs over 14,000 members of staff who operate out of 922 UK stores.

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Kingfisher, which also owns B&Q, has announced that its compact store format – B&Q Local – will also expand into more UK high streets in the coming months.

B&Q opened nine of these new stores in the UK last year and has plans to open more.

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Kingfisher “believes there are around 50 catchments or geographic ‘white spaces’ in the UK where B&Q is currently under-represented”.
B&Q operates out of over 300 UK stores but has vacated selected retail park sites in favour of smaller compact units on high streets.
Last year B&Q closed several shops within Asda supermarkets.
The store partnered with Asda in 2020 to launch these “mini-shops” inside supermarkets.

But all eight of these sites closed on March 11, 2023.
It comes on the same day that Kingfisher revealed annual profits slumped by more than a quarter.
The group reported a 25.1% drop in underlying pre-tax profits to £568million for the year to January 31.
Kingfisher, which also owns brands including Castorama and Brico Depot in Fran …