Halfords has confirmed plans to close up to 60 stores and garages by April, as it accelerates its plans to withdraw from one in 10 of its sites. The cycle and car parts retailer said it hoped to move staff to other branches, but the closures could lead to hundreds of job losses.
Profits slump at HalfordsThe company blamed weak consumer confidence, unhelpful weather and investment in the business. Halfords kept its guidance for profit in its new financial year to be broadly in line with 2018-19, though it cautioned the current economic environment and consumer confidence remained challenging.
Halfords StoresFor services we are operating a contactless "Drive in, Fit and repair" policy. Simply park up and request your service in the store. We are still building bikes in-store and continue to offer a collection service that keeps everyone safe.
Halfords' own cycling brands include Apollo, Carrera and Boardman cycles, augmented by a range of other brands of cycles and accessories, including Kona, Mongoose, Raleigh and Pinarello.
Boots yesterday finalised the sale of its Halfords bikes and car accessories chain for up to £427m and promised to return the cash to shareholders. Private equity group CVC has bought the chain, which has 9,800 employees and reported a profit of £54m on sales of £529m last year.
The joint business of Tredz and Wheelies of Wales has been acquired by Halfords. Founded and owned by brothers Keith and Michael Jones the bike shop and insurance replacement business employs 250 people.
Halfords was founded as a hardware shop in Birmingham in 1892 and listed on the stock market in 2004. It sells bikes and accessories and products for cars, from tyres and batteries to brake fluid.
Halfords launch new own brand 13Bikes range of aero road, cycle-cross and hybrid bikes.
The live chat facility is available for any query relating to Halfords retail stores. This does not include the Halfords auto centers. You are also able to discuss any online orders you have made. There are 3 teams stationed in Halfords contact center team.
When did Halfords first open?
We're the UK's leading retailer of automotive and cycling products, and one of the UK's leading operators in car servicing and repairs. We're the UK's leading retailer of automotive and cycling products. More than 10,000 people work in our shops, Autocentres and Mobile Expert hubs, at over 750 locations.
