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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

INSANE: Fenwick department store chain reports seventh year of losses | Vintage Vibes

Harrods Newcastle Al Fayed Bond Street Selfridges
Fenwick department store on London’s Bond Street
Fenwick closed its department store on London’s Bond Street in February. Photograph: Leon Neal/Getty Images

The department store chain Fenwick, which closed its historic shop on London’s Bond Street in February, has reported its seventh year of losses as sales fell.

The family-owned group, which is left with eight department stores led by Newcastle, said sales fell 3% to £299m in the year to January and it almost halved losses to £38m.

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