Retailer warns of subdued 2018 despite record Christmas sales

Motor accessories and leisure goods retailer Halfords is the latest in its sector to buck the trend of disappointing Christmas sales. In a Q3 trading update – which covers the important festive trading period – the Redditch-based business saw group revenue increase by 3.2%, with its retail operation up 3.3% and its car maintenance arm Autocentres up 1.9%. Jonny Mason, Chief Financial Officer, said: “We are pleased with the overall performance of the group in the 15-week period given the difficult UK retail environment. We ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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