It looks like DIY habits are changing, at least in the UK. Increasingly, home owners tend to pay qualified professionals to handle their home improvement. Kingfishers Plc, the international DIY retailer, ought to know that and as a result, is adapting its offer. Kingfishers owns several DIY brands: Koçtas in Turkey, Castorama and Brico Dépôt in France and B&Q and Screwfix in the UK.
B&Q sells home and garden supplies, mostly to private customers. Screwfix sells tools as well as electrical and plumbing equipment through its 412 stores in the UK, to tradesmen principally. B&Q sales are decreasing while Screwfix's are growing, so its seems logical to adjust the strategy.
The closure of 60 B&Q outlets will occur within the next two years. As for the Screwfix network, Kingfishers wants to expand it with no less than 200 additional stores, with the opening of 60 by the end of the 2016-2017 financial year.
Photo: kingfisher.com
News in the same category
3D printers may be out of the price range of most people but it is now possible to visit the world's first ever store that has been completely 3D printed.
Selfridges in London will soon be opening its very own cinema. Their flagship store on Oxford Street will host the cinema, which will give shoppers the chance to catch up on the latest releases whilst also picking up the items that they need.
Christmas is once again on its merry way and festive markets have started opening to visitors across Britain.
When a Japanese womenswear label, famous for its high quality basics, meets a French international style icon, it tickles our curiosity and the fashionista part of our brains somehow gets overheated.
