Next sales rise but high street stores continue to struggle

Sales at Enderby-based retail giant Next have risen 3.9% to £1.98bn for the half year to the end of July 2018, with profits also slightly up to £311.1m. The results are better than Next expected and the company has upgraded its full-year profit forecast by £10m to £727m. Next's high street stores now contribute less than half the company's sales, the results show. A statement from the firm said: "The UK retail market remains volatile, subject to powerful structural and cyclical changes. Many of these headwinds have not ab... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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