Retail news
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Travis Perkins in profits warning as conditions worsen
- Posted:
- 16 October 2008 09:28
UK-based builders' merchant Travis Perkins has said that trading in recent weeks was "below earlier expectations" with both its merchanting and retailing businesses experiencing more difficult conditions. Although the company said that group turnover for the nine months to the end of September was up 3.3%, it added that the ...read more
Focus finance director resigns
- Posted:
- 10 June 2008 09:32
Bill Hoskins has resigned as finance director of DIY retailer Focus after less than a year in the business. He was brought in, together with chief executive Bill Grimsey, by US hedge fund Cerberus which acquired the business for £1 last June. Mr Hoskins will be replaced by former Boots ...read more
Travis Perkins sees growth despite weakening markets
- Posted:
- 13 May 2008 09:41
Travis Perkins has announced continuing market share gains in slowing markets, ahead of its AGM to be held today. In a statement also released ahead of the meeting, chairman Tim Stevenson said: "Our business has made good progress in the first four months of 2008 in markets that have, as anticipated, continued the slowdown ...read more
Travis Perkins sees profits up ahead of "challenging" 2008
- Posted:
- 04 March 2008 09:13
Travis Perkins has seen annual profits and sales ahead of market growth rates, although the company has also warned that the market would face more challenges in the year ahead.In a preliminary results announcement for the year ended December 31st, Travis Perkins, which also owns the Wickes brand, said that ...read more
Travis Perkins announces 2008 expansion
- Posted:
- 04 February 2008 09:39
Travis Perkins has announced a "promising" start in 2008 to the continuing expansion of its branch network. In the first five weeks of the year the group opened a total of 13 new branches, expanding both its trade and retail divisions and including eight brownfield openings and five acquisitions. The ...read more
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