Halfords UK's Revenues Rising in Uncertain Retail Market

Unlike most other retailers in the UK, Halfords is still posting double digit growth figures in its bicycle sales. The UK's largest bike retailer said that cycling revenues rose by an impressive 15.1% in the 13 weeks prior to 30 December. The overall group like-for-like sales, including the motoring products, were down 4.8% in the same period.