Halfords transfers 11 Cycle Republic stores to Pure Electric

Cycle_Republic

Halfords has agreed to transfer the ownership of half of Cycle Republic stores to specialist retailer Pure Electric, saving 85 jobs.

The cycling and autocentre retailer will transfer 11 stores that were previously slated for closure to Pure Electric, with employment contracts of 85 staff in affected stores moving as part of the deal.

Cycle Republic stores in cities including Birmingham, Bristol, Edinburgh and Manchester will remain open as Pure Electric stores as a result of the transfer, with the retailer’s remaining 11 stores that are not included in the deal to be shuttered.

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