Blackwell's makes loss but bookshop sales rise 2.9%

Blackwell's makes loss but bookshop sales rise 2.9%

Blackwell’s slipped back into a loss last year after making a profit for the first time in a decade the year before. However, like-for-like sales at its bookshops and online were up 2.9% and the company is able to fund its own investments, which was a “positive step”, the chain’s c.e.o David Prescott said.

Accounts filed at Companies House for the year to 27th June 2015 show that Blackwell’s made an operating loss of £2.3m from its continuing operations, up from £0.3m profit the year before. This excludes the one off release of dilapidation provision for £2.4m in the prior year and also ex...

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