THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Omnichannel Futures 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
ProCook delivers “robust” Black Friday and Christmas trading

Kitchenware retailer ProCook has said it experienced “robust” trading in its third quarter when total revenue increased by 3% year-on-year to £23.1 million. Total like-for-like revenue… View Article

GENERAL MERCHANDISE NEWS

ProCook delivers “robust” Black Friday and Christmas trading

Kitchenware retailer ProCook has said it experienced “robust” trading in its third quarter when total revenue increased by 3% year-on-year to £23.1 million.

Total like-for-like revenue edged down 0.4%, but this was better than the respective declines of 7.9% and 1.8% seen in its first and second quarters.

Meanwhile, online like-for-like revenue fell by 5.1% which the retailer mainly attributed to disruption during the first six weeks of the quarter following the launch of its new website at the end of summer.

However, retail revenue climbed by 9.5% as ProCook benefited from the opening of two new stores. On a like-for-like basis, the growth was 3.1%.

Lee Tappenden, ProCook chief executive, said: “I am pleased that trading metrics are continuing to improve despite the difficult consumer backdrop, and that we have delivered a robust Black Friday and Christmas trading period, outperforming our market.”

ProCook said it made good progress in the period on improving customer experience both online and in store and enhancing value for customers through price reductions.

Looking ahead, Tappenden said: “Whilst we remain cautious about the timing and pace of market recovery, we are confident in our proposition and energised by the opportunities available to us to build an even stronger customer-focused business as we continue to make good strategic progress which will allow us to accelerate profitable growth as trading conditions improve.”

Subscribe For Retail News