Halfords is the UK's only substantial retail chain selling in four main categories – cycling, car maintenance, car enhancement and travel solutions. Category sales are split at around 70% for motoring and 30% for cycling. Halfords trades its own stores and Cycle Republic shops. The company operates in-garage servicing and auto repair through its Autocentres. Retail Week provides news, analysis, features and opinion about Halfords and specialist retailers.
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Halfords has unveiled a new brand stance as it seeks to position itself as a “broader motoring services and solutions provider” in a changing market.
Halfords has raised its full-year profit forecast, as a run of strong sales and an unusually hot summer have pushed profit above forecasts.
Halfords has poached its new commercial director for motoring and services, Lee Mountain, from Morrisons.
Car accessories and bikes retailer Halfords hailed strategic progress as it reported a rise in full-year sales and profits.
Motor accessories and bikes specialist Halfords has reported increased earnings as the benefits of its strategy started to be felt.
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