14/11/2001

B&Q announce plans to expand throughout UK

DIY retail superstore B&Q is to open over 170 new warehouses in a move that could create 4,000 new jobs throughout the UK over the next five years.

The news was announced after B&Q’s parent company, Kingfisher, recently revealed a 12 per cent increase in sales thanks to low interest rates and the current craze for home improvements due to programmes such as Changing Rooms.

Over the next nine months, 18 new B&Q Warehouses and four smaller B&Q Supercentres are planned for locations throughout the UK, including Plymouth, Kidderminster and Hull, with greater expansion planned before the end of 2002.

Setting an estimate of 6 per cent growth in the DIY market over the coming year, B&Q Managing Director, Ian Morris described any downturn in the housing market as good for business as it would see homeowners becoming “cautious” and therefore continuing to invest in their existing property rather than in making a move. “The DIY market is continuing to grow,” he added, “and our growth is outstripping that.”

It is thought that the retain giant has already created 3,000 jobs this year during continued expansion in places such as Dundee and Glasgow.

DIY superstore B&Q chain is to create around 370 jobs in the province with the opening of two new retail warehouses in Craigavon and Newtownabbey.

Recruitment is already underway for the Craigavon branch, which will be situated in the Craigavon Shopping Centre, and the Newtownabbey outlet, which is to be located near the Valley Leisure Centre. (CL)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

10 February 2015
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
14 January 2015
Randox To Create 540 New Jobs
First Minister Peter Robinson and deputy First Minister Martin McGuinness have announced global diagnostics firm, Randox, is to create 540 quality jobs over four years resulting from a £29m capital investment. Randox, headquartered in Crumlin, Co.
04 October 2001
B&Q confirm 370 jobs in new retail expansion
DIY superstore B&Q chain has confirmed that it is to create over 350 jobs in the creation of two new retail warehouses in Craigavon and Newtownabbey.
11 June 2013
Almac To Create 229 New Jobs In Craigavon
Enterprise Minister Arlene Foster has announced that Almac Pharma Services is to create 229 new jobs in Craigavon as part of a £13.7million investment. Almac provides highly specialised drug development and manufacturing contract services to international pharmaceutical and biotechnology companies. The £13.
05 January 2016
Pale Blue Dot Announces Five New Posts
Belfast based creative agency Pale Blue Dot is taking on five new staff as part of an ambitious growth strategy. Invest Northern Ireland has offered the company £37,500 of support for the new jobs which will see the company increase its workforce to 11 staff in the next 18 months.