UK: Allders Reports Sales Increase
The UK's fourth largest department store group Allders Plc has reported a total sales increase of 5.9 per cent for the 16 weeks up to January 20, 2001, compared to the same period last year. The group also reported an increase in like-for-like sales of 6.1 per cent.
Christmas sales and the start of the company's winter sales had also lead to an increase in like-for-like sales of seven per cent. Gross margins were also reported to be higher than at the same point last year.
The company also announced that it would be opening a new department store in Leicester during the summer.
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