Halfords
This coverage examines Halfords’ role in the UK retail sector, focusing on its automotive, cycling, and outdoor leisure divisions. Reporting covers store performance, product range expansion, e‑commerce integration, supply chain innovation, and financial results. The analysis supports retail executives, category managers, and professionals managing multi-channel retail operations in specialist markets.
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Sep- 2020 -7 SeptemberSupermarkets
Asda future could be decided this week as takeover deadline looms
The future of ‘Big Four’ grocer Asda could be decided as early as this week, as rival private equity firms reportedly finalise their bids. According to The Telegraph, bids for the grocer, which is valued at around £6.5bn, are due today (Monday 7 September) with private equity firms Apollo Global…
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Aug- 2020 -21 AugustHigh Street
Ex-Asda and Debenhams chiefs in rival £6.5bn bids for Asda
Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival £6.5bn bids for supermarket giant Asda. According to Sky News, the former Asda and Debenhams chief executives are being lined up to front bids from Apollo Global Management and Lone Star Funds respectively. It comes after Walmart,…
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14 AugustPeople Moves
Tom Singer appointed Halfords non-exec director
Halfords has announced the appointment of Tom Singer as non-executive director, with effect from 16 September. Singer previously held the position of CFO InterContinental Hotels Group, and British United Provident Association (BUPA). Earlier in his career, he was CFO and COO of William Hill and finance director of Moss Bros,…
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Jul- 2020 -13 JulyDIY
Halfords plans to close 60 stores despite resilient sales
Halfords is reportedly planning on closing 60 stores as it looks to speed up its store closure scheme despite seeing “better than expected” sales during the lockdown period. According to The Telegraph, Halfords has decided to up its plans to close 6 stores in the year to 60 with the…
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7 JulyHigh Street
Halfords cycling sales soar during lockdown
Halfords has reported a surge in sales for cycling related products and services during the Covid-19 lockdown in its preliminary results for the year ended 3 April 2020. The retailer’s cycling business was up 57.1% on a life-for-like basis, which Halfrods said was “significantly boosted” by the avoidance of public…
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Mar- 2020 -25 MarchCoronavirus
Halfords forecast 25% sales slump
Halfords has warned that sales will “drop sharply” in light of the coronavirus outbreak, with a forecasted sales decline of 25%. After modelling a range of disruption scenarios that assume “significant sales declines” between April and June, it predicts its next full-year results will see a loss of £300m in…
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Feb- 2020 -20 FebruarySponsored Articles
eBay, O2, Sainsbury’s, Halfords, Nandos set to speak at the UK’s no. 1 digital retail show
Retail professionals from eBay, O2, Sainsbury’s, Halfords, Nandos and Depop are among the big brand speakers at IRX (InternetRetailing Expo), the UK’s no. 1 digital retail show taking place on 1 & 2 April 2020 at the NEC, Birmingham. The free-to-attend event will bring together around 5,000 retailers, brands and…
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Jan- 2020 -16 JanuaryDIY
Halfords hails ‘strong’ Q3 sales performance
Halfords has reported a “solid” performance in its third quarter of trading, with total group revenue up 4.6%. In the 14 weeks ended 3 January 2020, like-for-like revenue was also up 1.3%. Retail cycling delivered “strong sales growth” in particular, with like-for-like sales increasing 5.9% in the period. Halfords said…
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Nov- 2019 -8 NovemberDIY
Halfords acquires garage chain amid profit plunge
Halfords has announced the acquisition of garage chain McConechy’s Tyre Service after closing a deal worth around £9.3m. The deal, which will see Halfords acquire all 60 sites and 100 vans belonging to the independent chain, will now allow the retailer to operate in more than 900 service locations across…
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Sep- 2019 -4 SeptemberDIY
Halfords sales fall 3.9% amid poor weather and consumer confidence
Halfords has reported a 3.9% drop in revenues for the 20-week period ending 16 August, after it revealed “wetter weather” and “weak consumer confidence” impacted sales. Like-for-like revenue at a group level declined by 3.2% in the period, with retail sales falling 3.9% and motoring by 5.9%. Halfords said while…
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