The Original Factory Shop in the News
Discount department chain reports bumper Christmas sales
The Original Factory Shop, the budget department store with branches in Wigton and Maryport, has reported a bumper Christmas.
The company said sales rose 48.3 per cent and profit was up 60 per cent over the festive period – including new store openings – compared to the same period the previous year.
The business, which sells branded merchandise with discounts of up to 70 per cent, and a wide range of fashion, homeware, electricals and toiletries, is in the process of aggressive new store openings bolstered by the increasing number of bargain-hungry shoppers.
The company has also benefited from the demise of high street rival Woolworths, whose stores it has been buying, including one at Maryport which it re-opened last month.
Claire Young, store manager of The Original Factory Shop, Wigton, said: “'We gave customers exactly what they wanted this Christmas by making their money go further and giving them access to luxuries at affordable prices, even in these testing times.
“Our quest to deliver outstanding value continues into the new year and we will be holding the prices of current stock and not passing on the VAT increase to our customers.”
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07 Jan 2010 by News and Star
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