The Works posts revenue increase

The Works posts revenue increase

Arts, crafts and book retailer The Works has posted sales of £1316.6m for the year to 30 April. This was 6.1 per cent up on the prior year with in-store sales up 7.5 per cent on a like-for-like basis.

Online sales had fallen by 15 per cent as consumers returned to in-person shopping.

The Works CEO Gavin Peck said: “Our performance in FY23 was delivered against a challenging backdrop. The business traded well through difficult external conditions, most notably the inflationary environment, and the recovery from the cyber security incident at the start of the year.

“The store performance was strong throughout the period, demonstrating the enduring value of our store network in communities across the UK and Ireland.”


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