Sales by Consumer Division of Travis Perkins increase by nine per cent

The British Travis Perkins Group recorded sales growth of 9.1 per cent in its Consumer Division in the third quarter. The division includes Wickes DIY stores and the distribution channels Toolstation and Tile Giant. In the first nine months of the year, the Consumer Division sold 9.2 per cent more goods than in the same period in 2015. On a like-for-like basis, sales increased by 6.4 per cent.
In the third quarter the group opened a net three new Wickes stores and nine new Toolstation stores. The Wickes new store format is delivering significant improvements in sales and returns with twelve Wickes stores refitted in Q3, bringing the total number of stores operating in the new format to 50, according to the quarterly report. The company says that the multichannel experience has been improved in Wickes, with delivery slot of choice now launched and the trial of deliveries within an hour underway. Toolstation has reduced lead time on click & collect.