Generally during the pandemic, many physical stores were closed & consumers had less choice since supply was constrained.
Meaning the retail market has largely bifurcated into winners & losers, with typically only the most accomplished brands still performing well, such as Marks Electrical. A fast growing, online retailer of household appliances such as cookers, televisions, fridges, freezers, dish-washers, etc.
In this fascinating interview CEO Mark Smithson explains how the business achieved 19% LFL sales growth in the latest quarter - despite tough comparatives and “ a highly competitive market”. Alongside what investors should expect over the next 12 months.
Q&A With Marks Electrical CEO, Mark Smithson
Apr 11, 2022Disclaimer & Declaration of Interest
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