United Kingdom
Location of affected unit(s)
Harrow and Northampton
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

150 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2005
Employment effect (start)
Foreseen end date


Building materials group Travis Perkins is to cut 150 jobs as it speeds up its cost-cutting in the wake of a 7.4% fall in like-for-like retail sales at the newly-acquired Wickes. Back office, IT and finance staff at the former Wickes headquarters at Harrow, north London, and Travis's base in Northampton are at risk of redundancies.

Shares in Travis fell by 5% as group chief executive Geoff Cooper blamed a reduction in consumer confidence and a slow housing market. Travis reported a rise in pre-tax profits from £100.6 million to £110 million during the first half of 2005 with turnover rising 41.3% to £1.29 billion, thanks to Wickes. Mr Cooper said he did not regret buying Wickes, insisting that the fundamentals of the business remained strong and market share was increasing.


  • 6 September 2005: The Guardian


Eurofound (2005), Travis Perkins, Merger/Acquisition in United Kingdom, factsheet number 62190, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62190.