Sluggish Profits Prompt Fitness Drive at Retailer Jjb Goes Back to Basics in Retail and Expands Health Clubs
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Summary
HIGH street retailer JJB Sports became the latest company to warn of tough trading conditions yesterday and revealed it was going back to basics to help lure shoppers into its stores.
Profits at the group were slashed by a third as consumers tightened their belts, forcing rival stores to enter a fierce price war. Sluggish demand and competitive pricing has prompted JJB's decision to refocus on sporting goods and clothing.See the full content of this document
Extract
Sluggish Profits Prompt Fitness Drive at Retailer Jjb Goes Back to Basics in Retail and Expands Health Clubs
The news comes just a day after Marks & Spencer warned that trading conditions were difficult, following another fall in sales, and the British Reta...
See the full content of this document
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