Bump in the road at Halfords

Bicycle and car parts retailer Halfords reported a drop in sales in the run-up to Christmas, as mild weather made Britons even less inclined to spend money on maintaining vehicles. Halfords said sales at stores open more than a year in Britain and Ireland fell by 4.8 per cent in the 13 weeks to 30 December, deteriorating from a 1.9 per cent drop in total retail sales reported for the six months to the end of September.