Screwfix, a UK-based multi-channel retailer of trade tools, accessories, and hardware products, has reportedly announced plans to open around 50 shops across the UK as well as Ireland, creating as many as 600 new job vacancies.
Screwfix, an essential part of the Financial Times Stock Exchange 100-listed Kingfisher group, stated that the roles in areas such as service assistants, supervisors, and retail management, are likely to open at its stores from January 2022.
The firm further added that it was speeding up its expansion plans after it identified additional opportunities for stores in rural catchment areas as well as inner cities.
There would be up to 10 new stores in Ireland with 100 new jobs, while 40 in the UK, creating as many as 500 job openings. The opening of brand-new stores would bring the retail firm much closer to its busy tradesman, most of whom have played a very important role in keeping households warm, secure, as well as with power during the COVID-19 pandemic crisis.
A key part of the retail firm’s growth has been its focus on online retail and e-commerce, utilizing its stores as fulfilment centers for click-and-collect deliveries, which have increased tremendously due to the coronavirus pandemic.
Screwfix is now planning to surge its total number of stores in Ireland and the UK, to up to 900, slightly up from a previous goal of 800. The retail firm at present has 12 stores in Ireland and as many as 711 stores across the UK, employing approximately 11,600 individuals.
Meanwhile, the Kingfisher Group reported at the start of the year that the firm was on the way to reach approximately £2 billion in total annual sales.
Kingfisher Group has enjoyed a remunerative business run during the COVID-19 pandemic, with its stores, classified as essential retailers, permitted to remain open for click-and-collect services and in-store shopping services.
The announcement of the 600 new jobs on Monday are in fact an addition to the additional 3,500 roles that Kingfisher created in 2020 owing to the rising sales.