Retail news
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Travis Perkins cautious over "fragile" outlook
- Posted:
- 24 February 2010 09:27
Travis Perkins has reported an 8% drop in revenue to £2,931 million after a year that saw "the most difficult trading conditions in the group's history". Adjusted operating profit was down 17% to £225 million, although retail operating profit was up 19% with increased operating margin.The group remained hopeful, buoyed ...read more
Career Forums opens today
- Posted:
- 04 February 2010 09:37
Career Forums, the UK's top retail and hospitality careers event, opens its doors today from mid-day in central London.The two-day event, now a permanent fixture on the recruitment calendar, will feature top brands from both retail and hospitality. The line-up includes All Saints, Benefit Cosmetics, BP, Comptoir des Cotonniers, Dreams, ...read more
Travis Perkins bolstered by Wickes
- Posted:
- 30 July 2009 09:39
Travis Perkins, owner of the Wickes chain, has reported a 13% drop in group revenue, with pre-tax profits down 27%. However, performance at Wickes was promising, helped by a high profile TV campaign.For the first half Wickes like-for-like turnover per trading day was down 2.4% with core products down 5.9%. ...read more
Travis Perkins to raise cash as trading remains tough
- Posted:
- 11 May 2009 09:31
Builders' merchant chain Travis Perkins has announced a rights issue to raise £300 million, as like-for-like sales dropped 14.4% in the four months to April 30th.In a statement, the company said: "Overall the group has performed ahead of the board's expectations in the first four months of 2009 in markets ...read more
Travis Perkins upbeat despite profit fall
- Posted:
- 19 February 2009 09:48
Reporting its annual trading figures, building trade and home improvement group Travis Perkins, which owns the Wickes DIY chain, adopted an upbeat tone despite a significant fall in pre-tax profits and a bleak outlook for the year ahead.While group revenue was only very slightly down (0.3%), pre-tax profits for the ...read more
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