The digital value retail business reported a stellar increase in revenues as consumers headed online in their droves during the pandemic.
The company’s pre-tax profit for the year to March 26, 2021 stood at £48.8m, up 513% from £6.8m, while EBITDA grew 49% to 72.7m, driven by sales of home and leisure products according to chief executive Paul Kendrick.
Please sign in now if you have a subscription or are already registered with us.
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:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.