All Halfords articles – Page 2
-
NewsHalfords sales rise driven by uptick in motoring and services
Halfords registered an uptick in sales as it drops prices on essentials to help the cost of living crisis.
-
Opinion‘As strikes and price rises convulse the country, retailers’ agility stands them in good stead’
With strikes hitting rail, mail and ports, retailers face another challenging summer – but they have the resourcefulness and people to adapt to the turmoil, says George MacDonald
-
NewsHalfords cuts prices and discounts MOTs to ease cost-of-living crisis for motorists
Halfords has rolled out a raft of initiatives to reduce motoring costs for shoppers amid the cost-of-living crisis.
-
AnalysisAnalysis: Five things you need to know about Halfords
Diversifying with the savvy of a start-up, motoring and cycling specialist Halfords is applying its expertise to needs-based revenue streams, positioning itself to remain resilient as households feel the pinch.
-
NewsHalfords warns on profits in face of cost-of-living crisis
Halfords has downgraded its profit expectations for the full year despite a rise in sales and profits.
-
DataRanking: From Halfords to The Hut Group – how Covid has boosted and battered retail share prices
Two years after the UK was plunged into its first national lockdown, Retail Week analyses how the Covid crisis has impacted the valuations of Britain’s listed retailers.
-
NewsHalfords and Poundland post golden-quarter growth
Halfords and Pepco, which owns Poundland, have both reported quarterly sales growth despite ongoing challenges presented by the pandemic.
-
AnalysisWho will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
-
NewsHalfords acquires automotive service business National in £62m deal
Halfords has snapped up automotive service and repair chain National in a deal that boss Graham Stapleton says “cements” the chain as the UK’s largest vehicle repair business.
-
NewsBoots, B&M and Halfords see early Christmas demand surge
Boots, B&M and Halfords are all seeing consumers preparing for the festive season earlier than ever, with sales in some Christmas categories outpacing pre-pandemic levels.
-
NewsHalfords updates outlook as profits and sales surge
Halfords has reported strong growth in both its retail and autocentre divisions, prompting the retailer to upgrade its full-year profit forecast.
-
NewsHalfords poaches former Tesco and Virgin Active finance boss
Halfords has recruited former Tesco and Virgin Active executive Jo Hartley as its new chief financial officer.
-
NewsHalfords boss ‘positive on prospects’ as sales rise in key growth categories
Halfords has reported an uptick in sales despite the impacts of supply chain disruption during the current trading period.
-
GalleryFirst look: Halfords unveils new ‘hyper local’ store and garage format
Halfords has launched a new customer service-focused store concept in Colchester connecting its autocentre and cycling offer, which boss Graham Stapleton has hailed as “the future of Halfords”.
-
NewsHalfords profits rise despite ‘volatile’ year of trading
Halfords has recorded soaring profits as its B2B, services and online businesses thrived during the pandemic.
-
NewsHalfords enters the B2B software market with launch of new business Avayler
Halfords has entered the B2B software market by making its service delivery software available to other companies.
-
NewsStaycation boom to drive sales through autumn, says Halfords boss
Halfords expects current performance to continue as foreign holidays look increasingly unlikely.
-
NewsHalfords drives profit growth as it accelerates transformation
Halfords has reported a strong full-year performance after increased demand for categories such as cycling, partly fuelled by the pandemic.
-
Retail Navigator AnalysisHalfords (Overview)
Halfords is a UK retailer which operates in cycling, car maintenance and related accessories. Recent growth has been driven by services, which now account for more than half (51%) of total revenue sales, including the Autocentres business, which the group has been scaling up through acquisitions. The retailer trades through just some 385 eponymous stores, as well as operating two performance cycling store brands trading as Tredz.
-
Retail Navigator AnalysisHalfords (SWOT)
Halfords’ broad product offer helps offset any adverse effects from the economic cycle. By weighting the business more heavily towards its motoring services, it has grown the part of the business that provides more resilient, needs-based revenue streams during economic uncertainty.