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Halfords battered by weather and economic gloom

19th July 2012

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AUTOMOTIVE and leisure retailer Halfords has seen a slump in revenue in its shops as the poor economic backdrop and inclement weather have had a significant impact on the sale of items such as bikes.

However, on a more positive note, it has seen but a marked increase in trade in its Autocentres car repairs business.

In an interim management statement covering the 13 week period to June 29, the Redditch-based firm revealed total revenue was down by 5.2%. Its retail business saw revenue decline by 7.8% but its Au......for the full story register now for free or login below...


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