Wickes
This coverage examines Wickes’ performance, strategy, and operations within the UK home improvement and DIY retail market. Reporting highlights financial results, store formats, leadership changes, product strategy, and competitive positioning. Tailored for retail managers, category buyers, and executives assessing trends in DIY, trade, and consumer demand within the home improvement sector.
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Jul- 2025 -24 JulyDIY
Wickes hits record market share as H1 sales rise 5.6%
Wickes has “gone from strength to strength” in the first half of the year, with sales up by 5.6% year-on-year to £847.9m, as the group also hit a “record” market share. Over the period, volume-led growth momentum was reported across all areas of the business, and retail sales rose by…
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Jun- 2025 -12 JunePeople Moves
Dobbies appoints two new directors in executive reshuffle
Dobbies Garden Centre has announced the appointment of two new directors, George Hutchinson and Richard Herbert, as part of efforts to strengthen its executive team. News of the appointments comes as operations director, Nick Anderson, steps down after 12 years with the business. Hutchinson previously served as regional operations director…
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6 JuneDIY
Wickes enters FTSE 250 amid strong sales
Wickes has been promoted to the FTSE 250 index following a strong start to the year. David Wood, chief executive of the Wickes Group stated that it was a “fantastic recognition for all the hard work of its colleagues who do such a great job serving customers and helping the…
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May- 2025 -14 MayNews-In-Brief
Today’s news in brief-14/5/25
Luxury fashion brand Burberry has announced plans to cut up to 1,700 jobs globally following a challenging financial year. The company reported a £3m loss, a sharp decline from last year’s £418m profit, with revenues falling 17% to £2.46bn amid a “difficult macroeconomic backdrop.” The restructuring, part of the ‘Burberry…
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14 MayDIY
Wickes revenues up almost 7% in Q1
Wickes has announced that its group revenues have risen 6.9% to £533.1m during the 17 weeks ended 26 April 2025. This came after strong volume-led sales growth within its retail arm which saw its revenue grow 9.6% to £396.7m in the period. Wickes stated that it increased its market share…
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Mar- 2025 -20 MarchNews-In-Brief
Today’s news in brief-20/3/25
The UK retail sector has faced significant challenges over the past five years, with a quarter of a million jobs lost, according to the Office for National Statistics (ONS). The latest data reveals a decline to 2.84 million retail jobs, marking a reduction of 70,000 compared to the previous year.…
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20 MarchDIY
Wickes profits fall amid decreased consumer demand
Wickes has revealed that its adjusted profit-before-tax fell to £43.6m, down from £52m, for the full year ended 28 December 2024, amid weaker consumer demand for larger ticket items and operating cost inflation. Alongside this, the company saw its total revenue fall 1% year-on-year to £1.54bn, down from £1.55bn in…
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Jan- 2025 -28 JanuaryNews-In-Brief
Today’s news in brief-28/1/25
HMV owner Doug Putman is reportedly exploring a bid for WH Smith’s high street arm after the retailer announced plans to sell its 500-store chain. Modella Capital, owner of Hobbycraft, is also in talks regarding a potential acquisition, although the outcome remains unclear. WH Smith’s move comes as its high…
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28 JanuaryDIY
Wickes ups guidance as revenues jump 3% in H2
Wickes has upgraded its profit guidance to be towards the upper end of the £39.7-£44.0m consensus forecast range following a 3% increase in retail revenues to £579.1m in the second half of 2024. The group said that retail sales delivered “good” growth in H2, with particularly strong performance in interior…
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23 JanuaryNews-In-Brief
Today’s news in brief-23/1/25
Primark has revised its sales forecast for 2025 downwards following a challenging autumn trading period in the UK and Ireland. The company reported a 6% decline in like-for-like sales in these regions, largely attributed to cautious consumer sentiment and mild weather affecting seasonal clothing purchases. Despite a modest recovery during…
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