Friday 19th Oct 2018 - Logistics Manager Magazine

Distribution costs hit discount retailer

Instore, the discount retailer, has blamed increasing costs at its distribution warehouse for its second profit warning within a month. The owner of the Poundstretcher chain said it had “seen a significant shortfall in sales against internal expectations” in the past four weeks, indicating that the full year profit to 25th February, would be substantially below market expectations.”