Skip navigation

Gloucestershire Business News

Wickes sales boosted by energy-saving products

Wickes like-for-like sales were up by 5.2% in its final quarter of 2022.

The DIY retailer, which has stores in Cheltenham, Gloucester and Cirencester, saw strong demand for energy-saving products, such as loft insulation and draught excluders.

The company said the cost-of-living crisis and the colder winter months saw customers looking to reduce their energy bills, with many visiting Wickes' website for tips on how to reduce energy use and cut costs.

Like-for-like sales of the retailer's Do It For Me range soared by 34.5%, while core like-for-like sales fell by 2%, as sales returned to normal levels following the pandemic DIY boom.

Wickes now expects its full-year adjusted pre-tax profit to be in line with expectations of between £72m to £76m for 2022, down from £85m in 2021.

Punchline said: "We travel all over the county delivering magazines and are always welcomed at Wickes stores. On a personal basis, editor Mark Owen spends a small fortune at Wickes and finds that staff are always pleasant and helpful."

Related Articles

Cocktails and cakes mark No.1 Cotswolds' half birthday Image

Cocktails and cakes mark No.1 Cotswolds' half birthday

Food, drinks and crafts venue gets into its stride.

Asda profits plunge Image

Asda profits plunge

Asda has reported a big drop in profits for 2022, but its owner has described it as a ‘highly resilient’ performance.

TIC+ awarded £57,000 grant to improve mental health of boys in Gloucestershire Image

TIC+ awarded £57,000 grant to improve mental health of boys in Gloucestershire

Gloucestershire-based charity TIC+ has been awarded a £57,000 grant to address the gender imbalance in accessing mental health support.

Next profits on the rise  Image

Next profits on the rise

Next’s full-year profits were up last year, but it predicts sales and profits will fall in the current year.

Copyright 2023 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.