It blamed the cost of the coronavirus and closing standalone Argos stores.
The store giant’s pre-tax loss for the 12 months to March 6 follows a £255million profit in the same period last year.
Revenues rose just 0.2 per cent to £29billion, even though grocery sales were up 7.8 per cent and general merchandise grew 8.3 per cent. It said all this was offset by an 8.5 per cent decline in clothing purchases.
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Diese Geschichte stammt aus der April 29, 2021-Ausgabe von Daily Express.
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