RE: Nice24 Aug 2017 16:39
"In particular, significant focus has been placed on reducing fixed and variable costs across the Group's UK retail footprint, where it has over 220 lease events to manage by the end of 2018 (out of a total UK footprint of 306 at year end). In aggregate, across these property and other operational efficiencies, the Group expects to deliver a total cost reduction of approximately �5 million across its UK retail operations compared with last year, before absorbing the impact of statutory increases in staff costs."
Nice cost reduction efforts.