All Wickes articles – Page 3
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NewsWickes sales soar in strong first half
Wickes reported strong sales in the first half of the year, with stores performing particularly well after reopening following the easing of coronavirus restrictions.
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NewsWickes hails strength of showrooms as sales exceed expectations
Wickes has reported that it expects full-year profits to be at the top end of expectations as kitchen and bathroom orders boom.
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Retail Navigator AnalysisWickes (SWOT)
Wickes benefits from low operating costs since the majority of its stores are located in less sought-after out-of-town locations and are considerably smaller than those of its competitors. This is supported by a tighter product range, reducing complexity for distribution and in-store stocking activities. This is also the basis for a very strong multichannel model.
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Retail Navigator AnalysisWickes (Strategy)
Wickes’ vision is to have “a Wickes project in every home” with a mission to be the partner of choice for home improvers and local trade. Its strategy is to provide the best value building materials to DIY and small trade customers in the UK.
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Retail Navigator AnalysisWickes (People)
Former Tesco executive David Wood was drafted in as Wickes CEO from mid-2019, charged with getting the business in good shape to be spun off from Travis Perkins.
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Retail Navigator AnalysisWickes (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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NewsM&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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NewsTravis 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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NewsTravis 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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NewsWickes 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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NewsCoronavirus: 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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NewsWickes 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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NewsTravis 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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NewsTravis 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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NewsWickes 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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NewsTravis 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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NewsTravis 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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NewsWickes 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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NewsWickes 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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NewsTravis 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.
