TheWorks.co.uk PLC - Birmingham-based retailer - To re-open 465 stores across England, Northern Ireland and the Republic of Ireland next week and will look to re-open its remaining stores in Scotland and Wales as soon as possible thereafter. Seeing very strong demand for online offering since the start of the lockdown period on March 23, with sales continuing to be up more than three times year-on-year. Continues to have access to a GBP25 million revolving credit facility. Appoints Stephen Alldridge, former chief financial officer of of Bonmarche Holdings PLC, as interim CFO. Rosie Fordham to take maternity leave.
Current stock price: 25.82 pence
Year-to-date change: down 7%
By Tapan Panchal; tapanpanchal@alliancenews.com
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Theworks.co.uk. (WRKS)