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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Aug- 2021 -5 AugustPeople Moves
Wickes appoints new technology chief
Wickes has announced that it has appointed Mohamed El Fanichi as chief information technology officer (CITO), effective from September 1. This newly created role follows the demerger of Wickes from Travis Perkins in April. El Fanichi will report directly to CEO David Wood and be a member of the Wickes…
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Jun- 2021 -22 JuneDIY
Travis Perkins Q1 merchanting sales grow 6.3% from 2019
Travis Perkins has announced that its merchanting segment saw total sales between April and May 2021 rise 6.3% when compared to 2019 levels. In a trading update, the group claimed that its strong Q2 performance was also driven by both the domestic and commercial repairs, and maintenance and improvement (RMI)…
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May- 2021 -24 MayDIY
Travis Perkins to sell plumbing and heating business for £325m
Travis Perkins has announced that it has agreed to sell its plumbing and heating (P&H) distribution business to an affiliate of H.I.G. Capital for a cash consideration of £325m. The transaction is expected to be completed within the next three months and falls alongside the recent demerger of Wickes, with…
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20 MayDIY
Travis Perkins makes formal commitment to disability inclusion
Travis Perkins has formally announced its commitment to disability inclusion after joining The Valuable 500 last year. According to the group, the commitment is part of a “wider strategy” to build a fully inclusive workplace for its 20,000 colleagues who work across its offering . It also extends to the…
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10 MayDIY
Travis Perkins accelerates employee mental wellbeing initiatives
Travis Perkins has revealed that it has accelerated its commitment to ensure there are six times more mental health first aiders (MHFAs) in its business this summer than there were at the start of the year. The safety and wellbeing of colleagues is reportedly the group’s “number one priority”, with…
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Apr- 2021 -28 AprilDIY
Travis Perkins completes Wickes demerger
Travis Perkins has announced that it has completed the demerger of Wickes Group following an approved shareholders general meeting. Following on from the demerger, the shares of Wickes were admitted at 8.00 a.m. today (28 April 2021) to trade on the main market of the London Stock Exchange. The group…
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16 AprilDIY
Travis Perkins Q1 sales spike 17.4%
Builders merchant and home improvement retailer Travis Perkins saw like-for-like sales increase 17.4% year-on-year for the first quarter of FY 2021. The three month period also represented an 11.8% rise in sales when compared to the first quarter of FY 2019. The firm’s merchanting, and plumbing and heating arms saw…
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Mar- 2021 -24 MarchDIY
Wickes demerger to commence following FCA approval
Travis Perkins has “marked the next milestone” in the demerger of Wickes from the group after submitting a proposal of the move to the FCA for approval. Following approval, Wickes shares are set to be admitted to the premium listing segment of the FCA and admitted to trading on the…
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Jan- 2021 -6 JanuaryDIY
Travis Perkins appoints new chair
Travis Perkins, the home improvement retailer, has announced the appointment of Jasmine Whitbread as its new chair. Whitbread is set to succeed Stuart Chambers, who is stepping down as a director and non-executive chairman on 30 March 2021. Currently the chief executive of London First, Whitbread will join the retailer…
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Oct- 2020 -22 OctoberNews
Travis Perkins like-for-like group sales decline 3.4%
Travis Perkins has reported its total like-for-like group sales declined 3.4% in Q3 compared with the same period last year, according to the company’s latest financial statement. The trading company said the fall in sales was a reflection of the branch closures in June as a result of Covid-19. The…
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