News | Travis Perkins

Back

Wickes sales continue to drop, Toolstation sales continue to rise

Wickes experiences significant pricing pressure in the UK DIY market, parent company Travis Perkins says.

Wickes experiences significant pricing pressure in the UK DIY market, parent company Travis Perkins says.

The consumer division of the British retail group Travis Perkins made 1.8 per cent less sales in the third quarter than in the same period last year; the like-for-like drop was even 4.2 per cent. In the first three quarters the decrease was 1.9 per cent (like-for-like -4.2 per cent).

For the Wickes sales channel, the market environment is said to remain challenging in UK DIY, resulting in continued volume declines in Wickes in both core DIY and kitchen and bathroom showroom categories, according to the quarterly report. There are complaints of a significant pricing competition across the sector.

On the other hand, the group still reports strong like‐for‐like and total sales growth for its Toolstation sales channel. They are said to be within their time schedule with the opening of a total of 40 new stores this year.

|24 October 2018


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

2018 DIY picture in Germany dictated by the weather

Sales in the home improvement sector in Germany increased by 1.6 per cent last year to a gross total of EUR 18.75 bn. Sales on the same store area View news...

Austrian home improvement sector continues to grow

Home improvement retailers in Austria recorded total gross sales amounting to EUR 2.56 bn in fiscal 2018. This is equivalent to growth of 1.4 per View news...

Swiss home improvement sector grows by nearly two per cent

DIY retail companies in Switzerland experienced sales growth of 1.9 per cent in the 2018 financial year. Total gross sales rose to a volume of CHF View news...

The ten largest German DIY store operators grow by almost three per cent

The international business of the German top 10 in the DIY trade is increasingly gaining momentum. This conclusion can be drawn from the initial View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Pentrilo, painting tools

Pentrilo

Pentrilo: The future of the painting tools

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery