Hardware store Wickes sees sales boost
By Richard Wright | 21st July 2021
Hardware store Wickes, with branches in Gloucester, Cheltenham and Cirencester, has reported strong sales in the first half of the year, with stores seeing brisk trade after the easing of Covid restrictions.
Like-for-like growth sales at the DIY and hardware retailer increased by more than 22 % on pre-Covid levels, as the UK's warm weather encouraged sales for both DIY and local trade.
Sales were up 33.1 % on 2020 levels. The chain has weathered store closures and supply chain issues, and moved business online. Sales in the first half were impacted by the enforced closure of in-store kitchen and bathroom showrooms. Non-essential stores reopened in April.
David Wood, Wilkes chief executive, said: "This performance once more reflects the strength of our business model and the tremendous support from our colleagues who have worked with tireless dedication to help the nation feel house proud. We are managing to navigate inflationary pressure and industry-wide raw material constraints by working closely with our suppliers."
Wickes also expects online sales to bolster sales growth in the second half of the year.
Wood added: "We remain on track to continue to grow in a responsible and sustainable way, providing our customers with the products they need at the best possible value."
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