Affected stores are planned to become aftersales and service centres, as firm evolves its commercial strategy
Sales
COMBUSTION CAR SALES COULD END IN 2032
Transport Secretary Grant Shapps says sales of new petrol, diesel and hybrid-powered cars could stop within 12 years
HELLA RECORDS SHARP SALES DROP IN 2019
Components firm feels the effects of a global automotive slow-down
SNAP-ON HALVES FRANCHISE JOINING FEE
Mobile sales set-up fee slashed in a bid to take on new recruits
HOW TO SELL A BUSINESS
By Adam Bernstein
We’ve seen the sale of plenty of family businesses in the aftermarket over the last couple of years. It isn’t just down to the major buying groups stamping their feet either, for all, there comes a point when it’s time to ask whether the business should be sold. The question for most is, how?
TIME IS AN ENEMY WHEN YOU ARE HIRING STAFF
Don't let the clock tick down when you need to fill a sales role, writes Jack Hodges.
HELLA SIGNIFICANTLY GROWS SALES IN FISCAL YEAR 2015/2016
Lighting and electronics supplier Hella has reported an increase in Group sales for the fiscal year 2015/2016.
HALFORD'S RETAIL PERFORMS WELL, BUT CYCLE SALES DEFLATE
Big-box retailer Halfords announces a rise across its accessories, technology and consumables but a decline in cycling revenue.
USING TECHNOLOGY TO BOOST PROFITS
We all know that aftermarket deals are closed with a firm handshake and a game of golf... but is this a very old fashioned methodology?
ECONOMIES OF SCALE
Neil Pattemore The giant factors are beginning to specialise – are there any business lessons from this?
[caption id="attachment_17702" align="alignleft" width="204"] NEIL PATTEMORE
Business analyst at XEN Consultancy for the aftermarket[/caption]
You may have noticed in last month’s magazine that there has been a spate of acquisitions in the parts distribution sector recently.