Summary
Stores group Merchant Retail has reaffirmed its faith in its department store empire in the North-East, despite seeing sales in the division slip by almost 10pc over Christmas.
Merchant admitted that the performance of Joplings department store in Sunderland, Tynedale Park in Northumberland and Robbs of Hexham could "only be considered disappointing" after like-for-like sales fell 9pc in the seven weeks leading up to January 3.See the full content of this document
Extract
Sweet Smell of Success for Merchant
The group, which was bolstered by an 11pc jump in sales at its Perf...
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