All Wickes articles
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DataData: The 15 most improved retailers for gender pay equality 2022
Retail Week ranks the top-performing and most improved retailers for gender pay equality this year.
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News
Wickes’ profits surge in ‘year of excellent growth’
Home improvement retailer Wickes has reported rocketing full-year sales and profits and said it is well positioned for further growth.
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Deep dive
How 10 leading retailers and brands are breaking biases this IWD
This International Women’s Day (IWD) is a celebration of how to collectively #BreakTheBias. Retail and industry executives including Tesco, New Look, Sainsbury’s, The Body Shop, Fujitsu and Retail Trust reflect on the steps they are taking to challenge stereotypes and stamp out inequality.
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News
Wickes ups profit expectations after strong trading
DIY specialist Wickes has lifted full-year earnings expectations after strong fourth-quarter trading.
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Video
Watch: Workday, eBay and Wickes on how to achieve long-lasting D&I success
Organisations that promote employee ownership of diversity and inclusion (D&I) goals will have the greatest success in tackling inequality in the long term, according to Be Inspired’s expert panel.
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News
Wickes hails ‘resilient’ performance as it swerves supply chain slowdown
Wickes has reported a slip in third-quarter sales against strong comparatives, but sales rose strongly on a two-year basis.
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Opinion
‘Contrary to popular belief, stores are a retailer’s best assets’
The unprecedented, pandemic-induced shift to online shopping has dominated industry discussions over the past 18 months - and rightfully so.
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News
Wickes reveals strong profit rise in first results since demerger
Wickes has registered stellar profits and sales in the first report since it demerged from Travis Perkins.
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News
Wickes sales soar in strong first half
Wickes reported strong sales in the first half of the year, with stores performing particularly well after reopening following the easing of coronavirus restrictions.
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News
Wickes hails strength of showrooms as sales exceed expectations
Wickes has reported that it expects full-year profits to be at the top end of expectations as kitchen and bathroom orders boom.
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Prospect Analysis
Wickes (SWOT)
Against a strong trading background, the demerger of Wickes from Travis Perkins was completed in April 2021 under CEO David Wood. This gives Wickes ‘the autonomy to execute on its strategy and allocate capital to its customer proposition and growth opportunities with a clearer focus’.
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Prospect Analysis
Wickes (Strategy)
Wickes’ strategy is to provide the best value building materials to DIY and small trade customers in the UK. It says it can achieve this because its policy of running smaller stores with lower rents means it has lower operating costs than competitors.
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Prospect Analysis
Technology strategy at Wickes
A recent focus for the technology team at Wickes has been separating the DIY retailer’s systems from those of former parent Travis Perkins. The retailer has also invested in technology to improve its view of stock, as well as its view of the customer.
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Prospect Analysis
Stores at Wickes
Wickes continually reviews the footprint of its store network, utilising a “right size, right place, right cost” approach, to ensure that stores are strategically located for maximum footfall and to act as fulfilment centres to support digital sales across the network.
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Prospect Analysis
Wickes (People)
Former Tesco executive David Wood was drafted in as Wickes CEO from mid-2019, charged with getting the business in good shape to be spun off from Travis Perkins. As IT service director, Danny Brooks was charged with leading the separation of Wickes’ technology capability from its former parent.
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Prospect Analysis
Wickes (Overview)
Wickes is the UK’s second largest DIY specialist with just over 230 stores across the country and sales of £1.5bn in 2021. A digitally led, service-enabled business, it has been listed on the London Stock Exchange from April 2021 after being demerged from former owner Travis Perkins.
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