Toolstation, is set to open 13 more stores in the next month and is on track to meet its robust expansion plan of 60 new stores in 2020. The new stores will be opening in Launceston, Llandrindod Wells, Walthamstow, York, Dumbarton, Peterlee, Fraserburgh, Colne, Speke, Wednesbury, Malvern, Shepton Mallet, and …
Read More »Covid costs TP £92m and 80% of operating profit
Revenue at builders and plumbers merchant Travis Perkins plc dropped 20% in the first half of the year, pulling operating profits down 81%, leaving it with an operating loss of £92m, the group announced this morning (September 8). The merchanting division, which covers the brands Travis Perkins, Benchmarx, Keyline, CCF …
Read More »Travis Perkins-owned Toolstation benefits from lockdown impact
A trading update issued this morning (July 28) by Travis Perkins plc shows that of its four divisions, only Toolstation has shown growth in like-for-like sales in the first half, a clear benefit of the strong DIY sales through the UK lockdown period. For the first half year, merchanting sales …
Read More »Toolstation joins the BMF
Toolstation, one of the UK’s fastest growing suppliers to the trade, has joined the Builders Merchants Federation (BMF). First established in 2003, Toolstation prides itself on making its customers’ work easier by ensuring they can get the right product for the job just when they need it. Low prices, stock …
Read More »Travis Perkins plugs plumbing side sale
Merchanting group Travis Perkins has put the sale of its plumbing and heating division on hold “given the current unprecedented level of uncertainty”, a trading update said yesterday (October 22). The update reported that the merchanting businesses continued to outperform expectations in challenging market conditions. Travis Perkins, the general mixed …
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