All Wickes articles – Page 3
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Retail Navigator Analysis
Wickes (Overview)
Wickes is the UK’s second largest DIY specialist with around 230 stores across the country and sales of £1.56bn in 2023. A digitally led, service-enabled business, it has been listed on the London Stock Exchange from April 2021 after being demerged from former owner Travis Perkins.
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News
M&S, Pets at Home and Wickes to close on Boxing Day
Marks & Spencer, Pets at Home and Wickes have decided to close their doors on Boxing Day as a thank you to their colleagues after a tough year.
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News
Travis Perkins sales decline despite ‘strong recovery’ of retail arm
Wickes owner Travis Perkins has posted a fall in total sales across its third quarter, but its performance was boosted by resilient sales across its DIY retail divisions.
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News
Travis Perkins profits fall following store closures
Travis Perkins has announced a decline in both profits and revenues after closing 165 stores in June, but the retailer remains adamant it is now on the path to recovery.
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News
Wickes owner Travis Perkins to slash jobs and close stores
Wickes owner Travis Perkins is set to slash 2,500 UK jobs and close 165 stores across its various brands due to weaker than expected demand for building materials due to the ongoing coronavirus pandemic.
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News
Coronavirus: Travis Perkins pauses Wickes demerger due to ‘extreme volatility’
Travis Perkins has put its planned demerger of home and DIY business Wickes on hold in light of “extreme stock market volatility”.
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News
Wickes hails ‘strong sales performance’ as demerger remains on track
Wickes has posted rising sales for its fourth quarter in 2019 as the DIY group’s demerger from Travis Perkins remains “on track”.
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News
Travis Perkins names new Wickes chair as demerger progresses
Travis Perkins has appointed a new chair designate of Wickes as part of its ongoing process to demerge the businesses this year.
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News
Travis Perkins says demerger of Wickes to be completed by middle of next year
Wickes owner Travis Perkins has hailed the progress it has made in its bid to offload the retailer and says the demerger will be complete by the second quarter of 2020.
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News
Wickes third-quarter sales climb despite ‘uncertain market’
Wickes has posted a strong uplift in third-quarter like-for-like sales as parent company Travis Perkins says the retailer’s demerger from the group is “on track” for next year.
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News
Travis Perkins firms up plans to offload Wickes
Travis Perkins has firmed up plans to offload DIY chain Wickes – and hopes to complete the demerger within the next year.
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News
Travis Perkins accelerates Wickes disposal plans
Travis Perkins is ramping up plans to sell its Wickes DIY business and could offload the chain by the middle of next year.
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News
Wickes hails 'encouraging' first quarter sales
Wickes has posted an increase in sales during its first quarter, driven by a “strong turnaround” in its kitchen and bathroom categories.
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News
Wickes takes profit hit in ‘extremely challenging’ year
Profits at Travis Perkins’ retail division – DIY giant Wickes and specialist retailer Tile Giant – fell last year in “extremely challenging” market conditions.
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News
Travis Perkins to ‘review options’ for Wickes
Wickes owner Travis Perkins will “review the options for maximising the value” of the retailer as part of a drive to “simplify” the wider group.
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Analysis
Retail Reimagined: Building the DIY store 2.0
In the latest instalment of our Retail Reimagined series, examining how traditional formats would look if they were redesigned today, Gemma Goldfingle explores the DIY store 2.0.
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News
Updated: Homebase names 42 stores for closure
Homebase intends to shut 42 stores, putting 1,500 jobs at risk, as part of its turnaround push.
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Opinion
Opinion: Will the sun shine on B&Q owner Kingfisher?
After the noises made by Wickes’ owner Travis Perkins, many would be forgiven for thinking it was time to send out a retail DIY SOS.
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News
Wickes profits decline in 'challenging' first half
Wickes’ parent company Travis Perkins is launching a “significant cost reduction programme” at the DIY retailer after recording a slump in interim profits.
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News
Wickes hiring 900 staff in bid to poach B&Q expertise
Wickes is hiring 900 new staff in a bid to capitalise on B&Q’s decision to scrap its kitchen and bathroom fitting services.