News

April is cruellest month for merchant sales

merchant stock warehouse

Builders Merchants sales during April  were down -76.3% compared with April 2019, according to the BMF’s Builders Merchants Building Index, showing the dramatic initial effect of the Government’s Covid-19 Lockdown measures on sales through UK builders’ merchants. Tools took the biggest hit (-90.0%), with Kitchens & Bathrooms (-86.8%) close behind. …

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Selco invests in staff development

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Selco Builders Warehouse is to invest £500,000 investment in the development of its branch colleagues later in the year. The builders merchant is inviting people working across its 68 branches to enhance their careers through its ‘Rising Stars’ initiative and it hopes to have 125 enrolled on the scheme to …

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LBS makes Barry its 26th branch

LBS

South Wales independent builders’ merchant LBS Builders Merchants opened its 26th branch yesterday (June 15). The branch, on the Ty Verlon Trading Estate in Barry, is the family-run company’s furthest east branch in Wales. The fully-refurbished site, off Cardiff Road, will consist of a builders’ merchant, a Total Plumbing outlet …

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Industry takes action to tackle plaster shortage

Thistle Plaster range How to plaster

A cross-industry collaboration to support the sector’s road to recovery is keeping an eye on issues such as the current plaster shortage. The Builders Merchants Federation (BMF) and the Construction Products Association (CPA) are working to pinpoint and address the key issues as more builders return to site. As the joint leaders …

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Man in hospital after falling from builders merchant’s roof

A man was taken to hospital after falling from a warehouse roof and into a ditch at a builders merchant in Bradford. Police and paramedics were called to DIY Builders Merchants after reports of an attempted burglary where a man had fallen. The suspected burglar was taken to hospital with serious injuries …

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Covid-19 to cost Travis Perkins 165 branches and 2,500 employees

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Builders merchant group Travis Perkins is to close around 165 branches across its business as a response to the continued challenges of the Covid-19 pandemic, consequent lockdown and likely UK recession. The group issued a trading update and liquidity update this morning (June 15) to say that the actions, which …

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Lead suppliers admit anti-competition arrangements

Two of the UK’s largest suppliers of rolled lead have admitted to taking part in anti-competitive arrangements and could face fines of more than £11 million. An investigation by the Competition and Markets Authority (CMA) investigation found that Associated Lead Mills Ltd and H.J Enthoven Ltd (trading as BLM British …

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Merchant benefits from banking help with Covid-19 disruption

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A Malvern builders’ merchant has secured a £600,000 loan from Lloyds Bank to help ease cash flow pressures from Covid-19 disruption. County Building Supplies, which attributes 80% of its sales to accounts held by contractors, secured the finance as part of the Coronavirus Business Interruption Loan Scheme (CBILS). The company …

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Covid-19 closures costs Grafton

Buildbase truck

Merchanting group Grafton Group saw revenue fall 26 per cent to £810.9 million in the five months to 31 May 2020 from £1.09 billion in the same period last year due to the impact of the Covid-19 pandemic, according to a trading update issued today (June 11) A solid start …

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Construction maintains decline through May

low res builders hat on site

UK construction companies saw a sustained downturn in business activity during May, although the pace of decline was less fierce than it had been in April, reflecting a gradual reopening of construction sites as lockdown measures were eased in England. At 28.9 in May, the headline seasonally adjusted IHS Markit/CIPS …

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