Sales at fast-growing Toolstation rose by more than a third during the first six months of 2020 as shoppers used its multichannel services to get ahead with DIY projects during lockdown. Sales at sister DIY company Wickes dipped by 8.5% over the first half as a result of store closures, although sales started to recover when stores reopened, its parent company Travis Perkins said today.

Wickes and Toolstation look likely to emerge relatively unscathed from Travis Perkins closures and job cuts

15 Jun 2020by Chloe Rigby

Wickes and Toolstation are both seeing their sales start to recover thanks to strong digital capabilities, parent company Travis Perkins said today. Both retailers today looked likely to emerge relatively unscathed from Travis Perkins’ decision, announced today, to consult on cutting up to 2,500 jobs across its business as it closes 165 branches in the face of a Covid-19 recession.

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Wickes and Toolstation see first quarter sales rise – before effects of socially distant retail hit

28 Apr 2020by Chloe Rigby

Both Wickes and Toolstation today reported a rise in first-quarter figures – but parent company Travis Perkins said its business was hit by the lockdown as the second quarter started

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How B&Q approached reopening its stores – and how other Top500 home and hardware stores are now trading

24 Apr 2020by Chloe Rigby

DIY chain B&Q is this week reopening its stores after temporarily shutting them due to coronavirus. We take a look at how the retailer has approached reopening its stores, and at how other RetailX Top500 retailers in the home and hardware category are now trading

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Multichannel underpins Wickes’ recovery, while new website and new branches boost Toolstation growth

03 Mar 2020by Chloe Rigby

Investment online and in-store helped Wickes and Toolstation to strong rises in sales and profits during their last financial year – one that is set to be Wickes’ last full-year as part of the Travis Perkins group

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Wickes sets out ‘digital-first’ strategy ahead of planned spinout from Travis Perkins group

31 Jan 2020by Chloe Rigby

Wickes this week set out its strategy for its plans to become a “digitally-led service-enabled home improvement business” as the business prepares to spin out of the Travis Perkins group

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Strong third-quarter sales keep plans on track at Wickes and Toolstation

22 Oct 2019by Chloe Rigby

Wickes remains on track to become a standalone business next year after reporting strong sales in the third quarter of its financial year. In a trading update, its parent company Travis Perkins also said that sales at sister company Toolstation were growing at an impressive rate and that the business would expand within Europe

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Wickes set to go it alone after strong first-half performance across sales channels

01 Aug 2019by Chloe Rigby

Wickes is set to become a standalone company in the first half of next year, as part of parent company Travis Perkins’ plans to simplify its group – and after it turned in a strong cross-channel sales performance in the first half of its financial year

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Wickes and Toolstation perk up Travis Perkins Q1 results

08 May 2019by Paul Skeldon

Recovering sales and growth at Wickes and Toolstation have lifted the pair’s parent company Travis Perkins like-for-like sales in Q1 2019 by 7.3%.

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Wickes sales fall in ‘extremely challenging’ year for UK DIY, but Toolstation grows fast as convenience improves across channels

26 Feb 2019by Chloe Rigby

Wickes has reported falling sales after an “extremely challenging” year in a discount-driven UK DIY market, but its sister company Toolstation UK, which sells to trade customers, enjoyed more buoyant growth. The update came as parent company Travis Perkins reported annual results.

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