The Guardian

Fenwick department store chain reports seventh year of losses

Fenwick department store chain reports seventh year of losses



Family-owned group closed shop on London’s Bond Street in February and has eight stores led by NewcastleBusiness live – latest updatesThe department store chain Fenwick, which closed its historic shop on London’s Bond Street in February, has reported its seventh year of losses as sales fell.The family-owned group, which is left with eight department stores led by Newcastle, said sales fell 3% to £299m in the year to January and it almost halved losses to £38m. Continue reading…



Source link : https://www.theguardian.com/business/2024/oct/15/fenwick-department-store-chain-losses-bond-street-newcastle

Author : Sarah Butler

Publish date : 2024-10-15 13:01:11

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