THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
The Papers
Retail Solutions
Food & Drink
Interviews
Property
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Halfords posts strong  sales growth

Car parts and cycling retailer Halfords has grown its group revenue by 11.4% in its third quarter after retail like-for-like sales climbed by 7%.

GENERAL MERCHANDISE

Halfords posts strong sales growth

Car parts and cycling retailer Halfords has grown its group revenue by 11.4% in its third quarter after retail like-for-like sales climbed by 7%.

The company said it achieved growth in all retail categories as it continued to execute its "Moving up a Gear" strategy.

Online sales increased by 16.3% on a like-for-like basis.

Meanwhile, like-for-like sales at Halfords’ autocentres edged up 0.6% as the company enhanced the customer proposition through extended opening hours and new technician pay grading.

Jill McDonald, Halfords chief executive, said: "I am very pleased with the strong sales performance across our business in the important third quarter of the year.

“We continue to make good progress implementing our "Moving up a Gear" strategy which will enable us to capitalise on the long-term growth opportunities in our markets.

“We benefited from growth in new ranges, our unique "wefit" services and great execution by our colleagues over the busy peak period."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Conference
The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
The 11th HR Summit 2019, Hallam Conference Centre, 44 Hallam St, Marylebone, London W1W 6JJ
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy