Mild weather puts a brake on Halfords
11 April 2012
Bicycles-to-car parts retailer Halfords reported a drop in sales in the run-up to Christmas as mild weather made cost-conscious Britons even less inclined to spend money maintaining their vehicles.
The firm, which trades from 470 Halfords stores and 250 Autocentres in the UK and Ireland, also indicated that profitability could be eroded more than previously feared.
Halfords said today that sales at stores open over a year in Britain and the Republic of Ireland fell by 4.8% in the 13 weeks to 30 December as spending on car parts and accessories deteriorated sharply.
