Fenwick department store chain reports seventh year of losses
by Sarah Butler from World news | The Guardian on (#6RFS4)
Family-owned group closed shop on London's Bond Street in February and has eight stores led by Newcastle
The department store chain Fenwick, which closed its historic shop on London's Bond Street in February, has reported its seventh year of losses as sales fell.
The family-owned group, which is left with eight department stores led by Newcastle, said sales fell 3% to 299m in the year to January and it almost halved losses to 38m.
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