Retail news
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Wickes performing well for Travis Perkins
- Posted:
- 13 December 2007 09:22
Travis Perkins said that its retail division Wickes is performing in line with expectations as it reported on trading ahead of its financial year-end on December 31st. The company added that it had made "excellent progress" in the second half of 2007, with continued gains in like-for-like market share, an ...read more
Wickes building Irish franchise business
- Posted:
- 26 October 2007 09:19
Travis Perkins has announced that its home DIY subsidiary Wickes has entered into a franchise agreement with Irish firm Moritz Home Improvements. According to an official statement Moritz will develop home improvement stores in Ireland under the Wickes brand and will also hold operational responsibility. Wickes is to sell products ...read more
Travis Perkins predicts slowdown
- Posted:
- 16 October 2007 09:20
Building supplier and home improvement retailer Travis Perkins has reported the first indicators of a "slowing of market growth". A statement added: "In 2007 we have increased the resilience of our business to variations in market growth through programmes designed to continue gains in both like-for-like and total market share ...read more
Focus sells stores in debt reduction scheme
- Posted:
- 12 October 2007 09:37
Focus has sold 27 stores to Homebase and an additional seven to Wickes for £4 million and £40 million respectively in a bid to reduce debt. Sainsbury’s has already bought three stores from the DIY retailer and Tesco is believed to have bought at least four. The move is part ...read more
Focus DIY expected to confirm sale today
- Posted:
- 18 June 2007 09:45
Focus DIY is expected to announce today that it has agreed a deal with Cerberus European Investments for the sale of the company, having confirmed that it was in the final stages of negotiations on Friday. The company is also expected to announce that Bill Grimsey and Bill Hoskins, the ...read more
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