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Next's online revenues in the majority

The retailer's online offering now brings in more money than its stores
September 19, 2019

Next’s (NXT) online business overtook its bricks-and-mortar operations in the first half, with related revenues climbing 12.6 per cent and exceeding £1bn. Trouble on the high street was undoubtedly a factor – the latest data from the British Retail Consortium showed footfall was down 1.3 per cent in the year to August – but finance director Amanda James said this was part of a long-term trend.

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