Music Magpie trading ‘strengthens’ as it focuses on cost control

Music Magpie CEO Steve Oliver

Music Magpie has delivered a “strengthened” trading performance as it chose to focus on cost control and increasing gross margins instead of “growing revenues on lower-margin products”.

The retailer said it had a “challenging” start to the year with postal strikes and low consumer confidence impacting sales over the Christmas period but trading improved from February.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now