Halfords issues another profit warning as poor summer takes toll

Bike and car maintenance chain’s revenues fall amid ‘challenging retail backdrop’ Halfords has issued another profit warning, blaming poor summer weather and flagging consumer confidence for a slump in sales.The UK’s biggest bike retailer said total revenues slumped 3.9% in the year to 16 August as the business struggled amid a “challenging retail backdrop” on the high street. Continue reading...