Nibble
New member
- Jan 3, 2007
- 19,238
I guess it depends on the view of good or bad news. profit is down 6% on the same period last year but that's still £375m profit which isn't too shabby. Also I'm not aware of shelving stores - they've said they are not opening as many but concentrating on opening in those areas that get a good return. The retail landscape has changed and as such they're opening 100 more Convenience stores as people want places they can make smaller shops for 'topping up' the cupboard.
Like most places in retail, it's a tough place still currently....still, they're not Tesco
True, all big retail stores are on the backfoot at present.