DIY Retailer Wickes Strengthens Kitchen & Bathroom Offering
- Wickes to hire 900 staff from B&Q for kitchen and bathroom department
- Investment in new showroom layouts and store refits
- Demand for fully designed and installed kitchens is growing
Wickes, the DIY retailer, is expanding its kitchen and bathroom department by hiring 900 staff members from B&Q to meet growing demand for fully designed and installed kitchens. The company has over 600 design consultants across 230 showrooms and plans to add 150 more consultants and take on 750 skilled fitters. Investment also includes new showroom layouts and store refits in over 100 stores. Fraser Longden, Wickes’ Operations Director, said the move will help tap into a multi-million pound opportunity and bring experienced talent to the business.
Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about Wickes’ expansion plans and the acquisition of staff from B&Q. It also includes a quote from an operations director that supports the claims made in the article.
Noise Level: 3
Noise Justification: The article provides relevant information about Wickes expanding its kitchen and bathroom department by acquiring staff from B&Q. It is informative and stays on topic without diving into unrelated territories. However, it could benefit from more analysis or context on the market trends driving this decision and potential consequences for both companies.
Financial Relevance: Yes
Financial Markets Impacted: DIY retailers and related industries
Financial Rating Justification: The article discusses Wickes acquiring design consultants and installers from B&Q to meet demand for fully designed and installed kitchens and bathrooms, which impacts the DIY retailers and related industries. This could potentially affect their financial performance and market share.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event is mentioned in the text.