The British DIY chain Wickes saw sales fall by 8.5 per cent in the first half of the year compared with the first six months of 2019. This was due to the closure of stores on account of the Covid-19 pandemic from the end of March to mid-May. Sales made a strong recovery in the second quarter, according to parent company Travis Perkins, with like-for-like sales rising by 22 per cent in June. Kitchen and bathroom sales continued to lag behind because the installation services offered by the company were paused until June, but core DIY sales jumped by nearly 50 per cent.
Dynamic growth was also experienced by digitally generated sales. Online delivered sales grew by 115 per cent, while click & collect deliveries were up over 1 000 per cent.
Travis Perkins has deferred its demerger from Wickes for the present. The company will pursue this when market conditions are more settled and predictable, according to the half-year report.