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Travis Perkins: expanding estate hides commodity and Brexit pressures

Overhauling and expanding its store network did a good job of pulling in customers for Travis Perkins (TPK) during the first half of the year. Toolstation opened 16 new stores in the UK and five in the Netherlands, while 14 Wickes stores were revamped with a new format and another added to the chain. As a result, sales for the consumer business were strongest, up 11 per cent on the previous comparable period.

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By Emma Powell,
03 August 2016

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