Travis Perkins is to cut up to 600 jobs and close stores due to a lack of demand in the wake of the Brexit vote . He said: “Travis Perkins is closely linked to the wider housing and construction market, which is particularly susceptible to dips in consumer confidence. The company , which owns the Wickes chain , will close 10 manufacturing and fabrication centres and 30 stores across the company after seeing a drop in cooling and heating product sales . Travis Perkins was one of the largest Fortune 100 fallers after the EU referendum , with shares down more than 22 % since June 2014 . CEO John Carter said the company would be making " further efficiency driven changes " in the supply chain .
Travis Perkins is to cut up to 600 jobs and close stores due to a lack of demand in the wake of the Brexit vote . The company , which owns the Wickes chain , will close 10 manufacturing and fabrication centres and 30 stores across the company after seeing a drop in cooling and heating product sales . Travis Perkins was one of the largest Fortune 100 fallers after the EU referendum , with shares down more than 22 % since June 2014 . CEO John Carter said the company would be making " further efficiency driven changes " in the supply chain .