Travis Perkins
This coverage examines Travis Perkins’ strategy, operations, and performance within the UK building materials and retail sector. Reporting highlights branch network developments, digital initiatives, marketing campaigns, leadership changes, and responses to market challenges. Tailored for retail executives, operations managers, and industry stakeholders, the content provides insights into how Travis Perkins navigates the evolving construction and retail landscape.
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Jul- 2024 -10 JulyDIY
Travis Perkins appoints Pete Redfern as new CEO
Travis Perkins has announced the appointment of Pete Redfern as its new chief executive officer, following an “extensive and rigorous” search process. Effective from 16 September, Redfern will succeed Nick Roberts who will step down from his role as CEO on the same day. Redfern will bring over two decades…
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Apr- 2024 -19 AprilNews
Today’s news in brief-19/4/24
Wilko, the retailer that faced collapse last September, is back with a revamped click and collect service. After successful trials in Exeter, Luton, and Plymouth, the company is reintroducing its free click and collect option. Customers can now access this service from reopened stores and over 200 collection points through…
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19 AprilClothing & Shoes
Bensons for Beds appoints new CMO
UK bed specialist Bensons for Beds has appointed Mark Slater as chief commercial officer and part of its executive team. Having joined the business in an interim capacity in February, Slater brings with him a wealth of experience, having previously worked on the executive team of Howdens plc, a £4.7bn…
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18 AprilDIY
Bensons for Beds appoints new CCO
Bensons for Beds has announced the appointment of Mark Slater as chief commercial officer (CCO), which will see him become part of the retailer’s executive team. Having joined the business in an interim capacity in February, Slater brings with him experience from the executive team of Howdens. Prior to that,…
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Mar- 2024 -27 MarchNews
Today’s news in brief-27/3/24
Fashion giants ASOS, Boohoo, and George at Asda have pledged to overhaul their green marketing tactics following a Competition and Markets Authority (CMA) investigation. The CMA’s scrutiny was prompted by concerns of greenwashing in the fashion industry. The firms will now ensure that their green claims are clear, specific, and…
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27 MarchPeople Moves
Travis Perkins’ CEO Nick Roberts to step down
The board of Travis Perkins has revealed that Nick Roberts is set to step down from his role as chief executive officer and from the board after five years in the role. The British builders’ merchant and home improvement retailer said its board and Roberts are aligned that “now is…
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Oct- 2023 -11 OctoberNews
Today’s news in brief-11/10/23
Travis Perkins has revised down its full-year earnings forecast due to challenging market conditions and a significant slowdown in new build housing and domestic renovations and maintenance (RMI) activity in Q3. Group revenues fell by 1.8% in the quarter, with like-for-like sales also down by 1.8%. Pricing declined by 3.1%,…
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11 OctoberDIY
Travis Perkins cuts guidance amid slowdown in trading
Travis Perkins has lowered its full-year guidance after facing challenging market conditions and a “pronounced slowdown” in new build housing and domestic RMI activity in Q3. In light of this, full-year adjusted operating profit is now expected to be in the range of £175m to £195m. It comes as group…
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Aug- 2023 -1 AugustDIY
Travis Perkins profits plummet 31% in H1
Travis Perkins has seen its operating profit plummet 31% to £112m in the first half of the year, reflecting weak domestic and new build housing markets over the period. Amid challenging market conditions, revenues also dipped by 2.5% to £2.47bn. In light of a lower trading profit, the phasing of…
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Jul- 2023 -12 JulyPeople Moves
Travis Perkins names Duncan Cooper as new CFO
Travis Perkins plc has announced they will be appointing Duncan Cooper as its new CFO. Cooper will be succeeding Alan Williams who advised the company’s board that he will be retiring as chief financial officer and stepping down from the board in 2024, after seven years in the role. The…
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