Brighthouse plans to treble store presence in UK
Brighthouse, the rent to own specialist, has announced a 35% rise in full year operating profits to £33.6 million. The companys revenues increased 15.4% to £228 million.
The high street retailer, which offers it customers weekly payment plans to buy branded household goods, is planning to treble its high street presence to 650 stores by opening a target 30 stores per year.
Brighthouse charges its customers an average annual percentage rate of 30% in its credit agreements.
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