Wickes profit down by almost a quarter as sector struggles Retail Profit at British DIY and home improvement retailer Wickes fell by almost a quarter over the past six months as sales slowed across the entire home improvement market. The London-listed company, which is headquartered in Watford, reported an adjusted pre-tax profit of £23.4m during the six months ending 29 June, 2024, down just under 25 [...]
Sharps Bedrooms: Showrooms axed as Covid-19 shopping boom well and truly over RETAIL The company behind fitted furniture retailer Sharps Bedrooms has axed more showrooms as it struggles to keep up with rising wages amid its second loss-making year in a row.
Wickes announces fall in overall sales, guidance unchanged retail Retail sales rose by 0.6 per cent in the period, making it a year of positive retail sales growth for Wickes. The group said retail sales were driven by increased transactions rather than inflationary prices.