Meanwhile total group revenue rose by 1.7% during the period, and by 1% during the full-year. Retail

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For while multichannel sales, including purchases renodepot made through ecommerce, click and collect and m-commerce, grew by 22.9%, group sales rose by just 3.1%. M-commerce sales alone grew by 70% following improvements to the mobile shopping experience and an upgrade of the mobile app. Elsewhere, multichannel growth was put down to increased use of click and collect and a boost to website visits.
Total UK sales were up by 2.6%, with like-for-likes up by 0.6% in the 13 weeks to March 30, the retailer said in a fourth-quarter trading statement this week. All the growth came from food sales (up by 4%, like-for-like), where the company saw its biggest-ever Easter week and escaped renodepot the recent issues affecting the food industry, renodepot as a result, it said, of long-term relationships with farmers and suppliers, which are based on trust, provenance and marketing-leading quality at all times. Those recent issues are likely to include the horsemeat scandal.
General merchandise, however, was down by 3.8%, like-for-like. International sales grew by 7% with improvements to the European performance, and growth in the Middle East, India and China. We are working hard on improving our performance in general merchandise and, despite difficult trading conditions, we made progress in our operational execution.
Meanwhile total group revenue rose by 1.7% during the period, and by 1% during the full-year. Retail was up by 0.5% in the 11 weeks but down by 0.9% in the year, while its autocentres business grew by 7.8% in the 11 weeks and 13.5% in the full-year.
Cycling sales were down but the automotive accessories business grew. But cycle parts, accessories and clothing sold online bucked that trend, growing by 26.5%. Total online sales also benefited from a 24.7% rise in sat nav sales.
Halfords Group plc is a retailer of car parts, car enhancement, camping, touring and bicycles operating in the UK and Ireland. They also provide MOT, service and repairs in the UK through Halfords Autocentre. Halfords Group is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. (more…)
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