Snow disrupts trading at Debenhams


Department-store chain Debenhams says trading in January was
disrupted by the snow. In the 26 weeks to 2 March 2013, Debenhams saw group like-for-like
sales grow by 3 percent for the 26 weeks but UK like-for-like sales decrease by
10 percent. Due to the disruption the firm now expects pretax profit for the
first half of the financial year to be around £120 million. This follows the
news at the beginning of January that Debenhams saw a 5 percent rise in
like-for-like sales in the 18 weeks to 5th January.

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