Marks Electrical hails strong sales ahead of AGM
Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.
In a trading update for the four months to July 2023, Marks Electrical said its sales saw a growth of 30.7% to £36.2m, compared with the £27.7m in sales the business reported during the same period last year.
The electricals retailer said its major domestic appliances share increased from 2.4% to 3%, while the online segment of the market grew from 4.5% to 5.7% compared with the same time last year.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.