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April Easter sales see jump in retail figures
09 May '06
3 min read
Blacks Leisure has announced a 5 per cent increase in full-year pre-tax profits to £21.4mn on turnover up 1 per cent to £297mn. The company, which owns Millets camping stores, said that the profit increase has been helped by squeezing suppliers.
Matalan has reported that profits for the year to March have fallen from £80.5mn to £36.3mn.
Turnover fell from £1.1bn to £1.07bn. Like-for-like sales fell 6.9 per cent during the year. Much of the fall in profit was attributable to disappointing homeware sales.
Verdict Research is the UK's leading authority on retailing and publishes unrivalled independent analysis of the retail industry.
With almost 20 years experience, Verdict has close relationships with major UK retailers and access, at the highest level, to key executives working in the top 300 retailers to hear their firsthand views.
Verdict reports provide clients with a complete picture of the retail sector and unique forecasts to help UK retailers, manufacturers, service suppliers, city analysts, consultants and the media with strategic planning.
Matalan has reported that profits for the year to March have fallen from £80.5mn to £36.3mn.
Turnover fell from £1.1bn to £1.07bn. Like-for-like sales fell 6.9 per cent during the year. Much of the fall in profit was attributable to disappointing homeware sales.
Verdict Research is the UK's leading authority on retailing and publishes unrivalled independent analysis of the retail industry.
With almost 20 years experience, Verdict has close relationships with major UK retailers and access, at the highest level, to key executives working in the top 300 retailers to hear their firsthand views.
Verdict reports provide clients with a complete picture of the retail sector and unique forecasts to help UK retailers, manufacturers, service suppliers, city analysts, consultants and the media with strategic planning.
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