17 April 2009

Ideal Shopping Direct makes full-year loss


The directors of home shopping group Ideal Shopping Direct have pledged to restore the retailer to profitability after a turbulent year.Ideal posted a loss of £4m before exceptional charges of £9.2m in the year to December 28, 2008, when sales fell 2 per cent to £94.7m. The previous year the AIM-listed retailer made a profit of £5.8m. The retailer reported that it had restructured its board and manage


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