RETAIL WEEK KNOWLEDGE BANK: COMPANY PROFILE
Did you know... that Poundstretcher has a single international outpost - in Dubai?
Like-for-like sales growth of 5% in 2011/12 was one of retailing’s stronger performances, while overall growth of 13.1% - bolstered by the addition of a net 43 new outlets during the year - took sales to just short of £350m.
Profitability remained at relatively marginal levels, however, presumably partially reflecting the ambitious store development programme, with the operating margin remaining static at 0.6%.
View the full company profile for Poundstretcher
Reference:
From store level to board room, Retail Week Knowledge Bank analyses company strategy, predicts intentions and details vital financial records across every retail sector
Share
Have your say
You must sign in to make a comment.