Screwfix Direct Limited
TypeSubsidiary
Industry
FoundedYeovil — as the Woodscrew Company (1979)
FounderJon Goddard-Watts
HeadquartersYeovil, England, UK[1]
Number of locations
+870 (2023)[2]
Key people
John Mewett
(Chief executive officer)[3]
ProductsScrews, Power Tools, Hand Tools, Fixings & Accessories, Kitchens & Bathrooms, Electrical & Lighting, Building & Joinery, Heating & Plumbing, Safety & Workwear, Security & Ironmongery, Outdoor & Gardening
RevenueIncrease£1,671 million(2019)[2]
Number of employees
14,000 (2022)[4]
ParentKingfisher plc
Websitewww.screwfix.com

Screwfix is a retailer of trade tools, accessories and hardware products based in the United Kingdom. [5] Founded in 1979 as the Woodscrew Supply Company, the company was acquired in July 1999 by Kingfisher plc, which also owns B&Q, and is listed on the London Stock Exchange.

History

Screwfix store in Bedminster
Screwfix Volvo FH distribution lorry in Bristol
Screwfix store in Stratford-upon-Avon

Based in Yeovil, Somerset, Screwfix started life as the Woodscrew Supply Company in 1979.[6] The company’s first mail order catalogue consisted of a single page, solely dedicated to screws; in 1987, this was increased to a four page version named "Handimail" offering hardware to DIY and trade professionals.

The first catalogue to be produced in the name of Screwfix Direct appeared in 1992, and, with a turnover of £4 million, the company moved into larger premises at Pen Mill, Yeovil, in 1994. In 1998 its turnover increased to £28 million, and the company moved to a purpose-built site at Houndstone Business Park in Yeovil.

The first website was launched in February 1999, five months before the company was acquired by Kingfisher plc, whose holdings at the time included B&Q and Comet. [6][7] Later that year, the company expanded its site in Houndstone, with the opening of a new contact centre employing five hundred people. In January 2000, Screwfix announced a turnover of £58 million, and trading hours were extended to seven days a week.

In January 2001, turnover first exceeded £100 million, and after further expansion in the contact centre, Screwfix announced sales of £185 million in 2002. The thousandth employee joined the organisation in March 2000, and a month later, next-day deliveries within mainland United Kingdom were introduced.

The company relaunched the website later that year, and was awarded Retailer Of the Year.[8] In September 2004, to continue to meet the increased demand, a fully automated, 325,000 sq ft distribution centre was opened in Trentham, Stoke on Trent, fulfilling next day orders.[9] The Screwfix Community, an online forum, was also launched later that year.

In 2008, the company launched Plumbfix, offering qualified plumbers a wider range of specialist goods at better prices, this was followed by the launch of Electricfix the next year. In July 2011, Screwfix launched its "Click & Collect" service, which enables customers to order and pay securely online, and collect in store in as little as one minute.

Also that year, Screwfix's mobile website was set up, providing an easier shopping experience when not at home. Click & Collect was introduced onto this platform in January 2012, since then sales from mobiles have increased by 250%.

By 2013, Screwfix launched its three-hundredth store. In 2014 it opened seven stores in Northern Ireland and four stores in Germany. Since 2013, the web and mobile site has been extended to include 33,000 products available online, and the contact centre extended their opening hours to deliver a 24/7 service.

2015 saw the launch of Screwfix's Quickshop app, which allows customers to build their order on their smartphone and generates a QR code which can be scanned at the till point in store.

Screwfix.com and Screwfix app attract up to 7 million unique visitors per week and the Screwfix Click & Collect service means customers can purchase supplies online (or over the phone) and then collect from store in as little as one minute. In 2016, Screwfix won the "Teleperformance Customer Experience Initiative of the Year" at the Retail Week Awards. In 2018, Screwfix was awarded Retail Week’s "Best Retailer over £250m" and "Digital Pioneer".

In 2021 Screwfix Sprint was introduced, allowing customers to place an order on the new Screwfix app and get it delivered straight to their location – either at home or on site – in 60 minutes or less.

Screwfix Sprint is currently available in over 325 eligible stores, reaching 45% of the UK population. Screwfix Sprint was awarded ‘Best Innovation in Delivery’ at the eCommerce Awards 2023 and ‘Best Customer Experience’ at the Retail Week Awards 2022.

In July 2022, Screwfix opened its 800th store in Bourton-on-the-water, Gloucestershire, bringing Screwfix closer to its overall target of 1,000 stores across the UK and Republic of Ireland.

Following the successful launch of its French website in 2021, in 2022 Screwfix also opened its first five stores in France, initially located in the Hauts de France region.

Stores

As of October 2023, Screwfix operates a network of over 870 stores across the United Kingdom, Ireland and France. In February 2023, Screwfix announced its ambition to open up to 85 new stores across the UK, Ireland and France by the end of January 2024, creating more than 800 jobs in local communities.

The Screwfix Foundation

In April 2013, Screwfix launched its first charity, The Screwfix Foundation.[10] It supports charity projects involved in fixing, repairing, maintaining, or improving community buildings or facilities for those in need throughout the United Kingdom. The Screwfix Foundation works with Macmillan and also donates to local charities and not-for-profit organizations in need across the United Kingdom.

The Screwfix Foundation has donated over £13m since it was launched (as of October 2023).

References

  1. "Ex-warehouse is new company HQ". BBC News. 7 July 2004. Retrieved 18 January 2014.
  2. 1 2 "Annual Report 2019" (PDF). Retrieved 22 June 2020.
  3. "Group Executives". Retrieved 22 June 2020.
  4. "Screwfix". Retrieved 22 June 2020.
  5. "Screwfix still in fix over orders". BBC News. 2 November 2004. Retrieved 18 January 2014.
  6. 1 2 Screwifx Press Centre, Screwfix Media Release Regarding Staff
  7. Cunliffe, Peter (19 October 2013). "From online to high street: How Screwfix found DIY success". Express. Retrieved 18 January 2014.
  8. Cuthbertson, Christine (2012). Retail Strategy. Routledge. ISBN 9781136368462.
  9. "Staff fix needed at DIY website". BBC News. 27 September 2004. Retrieved 25 January 2008.
  10. "Screwfix celebrates 40 years". DIY Week. Retrieved 3 March 2021.

50°56′51″N 2°40′29″W / 50.94750°N 2.67472°W / 50.94750; -2.67472

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.