DEBENHAMS said yesterday that their; Business IN BRIEF.DEBENHAMS You can help Wikipedia by removing peacock terms. said yesterday that their halfyear profits had risen by 10.7 per cent after their Designers at Debenhams range proved a hit. The chain, who have 144 stores in the UK and Ireland, described the increase in profits to pounds 104.2million as a "considerable achievement". Like-for-like sales Like-for-Like Sales The portion of current sales achieved through activities that are comparable to the activities of the previous year. Notes: Using like-for-like sales is a method of valuation that attempts to exclude any effects of expansion, acquisition, or other rose by 1.9 per cent in the seven weeks to April 18. Sales had declined by 3.6 per cent in the 26 weeks to February 28 - a period when trading was hit by snow storms and the impact of the banking crisis.. |
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