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RETAIL NEWS

Women’s clothing retailer Bonmarché said its like-for-like sales edged down 0.8% in its third quarter.

RETAIL NEWS

While online sales rose by 3.9% in the 13 weeks to 26 December, like-for-like sales in the retailer’s stores fell by 1.3%. On a total basis sales increased by 3.4%.

Beth Butterwick, chief executive of Bonmarché, said: "As noted in our announcement on 16 December 2015, trading conditions during November and December were very challenging and as a result, the board revised its profit expectations for the current financial year. In the short period since Christmas, demand has trended towards more normal levels.

“The board's view of the expected outcome for the year is unchanged and it therefore reiterates its expectation that the PBT will be within the range of £10.5 million to £12 million."

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