Venerable (respected because of age, distinguished) grocer points to success of novel London outlets at Heathrow and St Pancras as annual profits rise 31%Fortnum & Mason has emerged as a Christmas winner after its famous hampers,sold through a revamped website, proved current with growing numbers of customers around the world.
The London department store, or founded in 1707,said like-for-like sales were 15% up over the key Christmas period, the five weeks to 3 January. This pushed annual profits up 31% to £5m. Fortnum said it recorded the best trading day in its history on 15 December. Related: Retail Christmas: the winners and losers in the UK Continue reading...
Source: theguardian.com