Travis Perkins owner Wickes closing 30 shops – 600 jobs at risk due to 'uncertain' trading

Travis Perkins owner Wickes closing 30 shops – 600 jobs at risk due to 'uncertain' trading
 

The company, which employs 28,000 people across its 2,060 stores, said it was taking the steps due to an “uncertain UK outlook” for next year.
Profits will also be lower than expected this year due to weak sales in its plumbing and heating division.
The firm is closing branches of Travis Perkins, Benchmarx, BSS and PTS, but not Wickes.
Chief executive John Carter said : “It is still too early to predict customer demand in 2017 with certainty and we will continue to monitor our lead indicators closely. Given this uncertainty we will be closing over 30 branches and making further efficiency... read more

 
19 October 2016 in Business, Views: 46
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