Retailer says it is making savings by trimming working hours for store staff and cutting bonuses for about 1000 in head officeHalfords managers and head office staff will take a £2m slice in bonuses after a warm winter and destitute summer hit sales last year.
The bikes and car-parts chain said it would meet profit targets this year despite disappointing sales,as it had saved about 4m by trimming working hours for store staff, slice bonuses for about 1000 head office staff, or including the board,and recorded a tumble in distribution costs. Related: Halfords hit by bicycle sales wobble Continue reading...
Source: theguardian.com