GLEN ARNOLD INVESTMENTS
  • About
  • Henry Spain
  • Books
    • My Books
    • Other Books
  • Blog
  • Portfolio
    • Buffett-style
    • Modified price earnings ratio
    • Net Current Asset Value
  • Resources
    • glossary of investment terms >
      • A - B
      • C
      • D - E
      • F - G
      • H - I - J - K
      • L - M - N
      • O - P
      • Q - R
      • S
      • T - U - V - W - Y - Z
    • TOP 10 TIPS FOR INVESTORS

Halfords - the car servicing strategic business unit

25/7/2022

0 Comments

 
The car servicing strategic business unit, SBU, includes Halfords Autocentres as well various tyre-focused garages and its fleet of vans to service cars, change tyres and service fleets of cars and trucks....
...
Halfords already claims to be the largest vehicle 'Service, Maintenance and Repair' (SMR) business in the UK, with approximately 604 garages, 234 consumer vans, 190 commercial van and 8 warehouses.
It has even greater ambitions with current targets set at 800 garages, 300 consumer vans and 500 commercial vans.
The B2B offering was mostly created by the combining of McConechy’s and Universal. These have a different operating model of lower gross margin but strong margin per worked hour. They also have more resilient revenues.  Halfords is aiming for national coverage, allowing the winning of larger contracts to support businesses seeking a single service provider across the UK – it wants to have “full and unrivalled UK coverage in the commercial tyre market” (Prelims 2022)
(Also included in B2B discussion in Halfords annual reports is the completely different type of business of the Cycle to Work scheme)
Halfords' strategy to grow its Motoring Services business is not only focussed on scaling the physical estate; other key initiatives to drive trade into Autocentres include Project Fusion, Motoring Loyalty Club and Ayaler:
Project Fusion.
A few towns were selected to develop a joined up way to retailing the range of products/service Halfords now has to offer.
In a “Fusion town” you will find a retail store plus an Autocentre garage and an extended Halfords Mobile Expert van offer. These are all linked with the online and home delivery service. Thus a customer goes to one website and sees the full range.
Most importantly, the stores, garages and vans .......

0 Comments



Leave a Reply.

    Picture

    Glen Arnold

    I'm a full-time investor running my portfolio. I invest other people's money into the same shares I hold under the Managed Portfolio Service at Henry Spain. Each of my client's individual accounts is invested in roughly the same proportions as my "Model Portfolio" for which we charge 1.2% + VAT per year. If you would like to join us contact [email protected]

     investing is about making the right decisions, not many decisions.

    Categories

    All
    Berkshire Hathaway (NYSE:BRK.A)
    Caffyns
    Capital And Counties
    Character Group
    Charlie Munger
    Connect Group
    Daejan-lsedjan
    Dewhurst-lsedwhta
    Highcroft
    Investment-ideas
    Investment Philosophy
    John Templeton
    J Smart
    McCarthy And Stone
    MS International
    Orchard Funding
    Samuel Heath
    Tandem
    TClarke (LSE:CTO)
    Town Centre Securities
    Wynnstay

    Archives

    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    October 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020

    RSS Feed

In the short-run, the market is a voting machine – reflecting a voter-registration test that requires only money, not intelligence or emotional stability – but in the long-run, the market is a weighing machine.  Benjamin Graham




  • About
  • Henry Spain
  • Books
    • My Books
    • Other Books
  • Blog
  • Portfolio
    • Buffett-style
    • Modified price earnings ratio
    • Net Current Asset Value
  • Resources
    • glossary of investment terms >
      • A - B
      • C
      • D - E
      • F - G
      • H - I - J - K
      • L - M - N
      • O - P
      • Q - R
      • S
      • T - U - V - W - Y - Z
    • TOP 10 TIPS FOR INVESTORS