B&M and The Works hit by tough Christmas trading
Retailers report weaker sales over festive period amid ‘subdued consumer confidence’• Business live – latest updatesThe discount retailer B&M cut its profit forecast, while the value books and crafts chain The Works reported a fall in sales, highlighting a difficult Christmas trading period for British stores.B&M’s UK sales fell by 0.6% on a like-for-like basis in its third quarter to 27 December, though it said sales improved in December after it reduced prices. Continue reading...
Retailers report weaker sales over festive period amid ‘subdued consumer confidence’
• Business live – latest updates
The discount retailer B&M cut its profit forecast, while the value books and crafts chain The Works reported a fall in sales, highlighting a difficult Christmas trading period for British stores.
B&M’s UK sales fell by 0.6% on a like-for-like basis in its third quarter to 27 December, though it said sales improved in December after it reduced prices. Continue reading...
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