Halfords
Since the announcement of Graham Stapleton as chief executive of Halfords last September, shares in the car parts-to-bikes retailer had accelerated by more than a fifth. They hit a bit of a bump in the road yesterday, though, after the new boss suggested to investors that the future was unlikely to be that different from the past.
Mr Stapleton, a former Dixons Carphone executive who took up the role in January, is not due to unveil his strategy for Halfords until September, but his initial plans outlined yesterday indicated that he would not depart radically from the approach of Jill McDonald, his predecessor, who has moved on to run Marks & Spencer’s clothing business. Further investment is required, including in customer service, training and