The Range makes a loss of £23m
The Herald|November 27, 2024
BUT 'STILL ON COURSE' TO OPEN NEW STORES
WILLIAM TELFORD
The Range makes a loss of £23m

CHRIS Dawson's The Range has made a pre-tax loss of nearly £23m despite rising sales from stores. CDS (Superstores) Ltd reported losses for the second year running in its latest accounts.

The Derriford-headquartered company, ultimately owned by Mr Dawson's wife Sarah Dawson, made a pre-tax loss of £22.848m for the year to the end of January 2024, following a loss of £18m in 2023.

In previous years the company, which trades as The Range, made huge profits, including £81.521m in 2022. Holding company Norton Group Holdings Ltd has also posted losses for the second year in a row, of £14.011m pre-tax.

This story is from the November 27, 2024 edition of The Herald.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the November 27, 2024 edition of The Herald.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE HERALDView All
The Herald

WHAT DO YOU THINK OF IT SO FAR?

ERIC MORECAMBE would often slip his glasses to the side of his head as he merrily slapped the face of his comedy partner Ernie Wise on both cheeks before turning and walking away.

time-read
3 mins  |
January 20, 2025
Early bloomers
The Herald

Early bloomers

Lift your spirits after the hard winter with colourful harbingers of springtime

time-read
4 mins  |
January 20, 2025
Argyle's woes deepen after QPR defeat
The Herald

Argyle's woes deepen after QPR defeat

MIRON Muslic's first week as Plymouth Argyle head coach ended with a 1-0 defeat by Queens Park Rangers at Home Park as his task to try to lead his new club to Championship survival became even harder.

time-read
3 mins  |
January 20, 2025
The Herald

Services can't turn pressure into points

DEVONPORT Services failed to turn pressure into points against Luctonians - and it cost them another defeat in National Two West.

time-read
5 mins  |
January 20, 2025
Council grant up but £31m extra in welfare costs
The Herald

Council grant up but £31m extra in welfare costs

CHILDREN'S SERVICES, ADULT SOCIAL CARE AND PREVENTION OF HOMELESSNESS COST MORE

time-read
3 mins  |
January 20, 2025
The Herald

Value unit remit vaguely defined

The Government's value for money advice unit is understaffed and poorly defined, according to the head of a cross-party group of MPs.

time-read
1 min  |
January 20, 2025
The Herald

Pardon for Marcus Garvey

UNITED STATES President Joe Biden has posthumously pardoned black nationalist Marcus Garvey, who influenced Malcolm X and other civil rights leaders and was convicted of mail fraud in the 1920s.

time-read
1 min  |
January 20, 2025
The Herald

Tributes paid to 'heart of family' charity worker

NIKKI PASSED AWAY DUE TO POST-OPERATION ISSUES

time-read
3 mins  |
January 20, 2025
Govt 'prepared' as Trump tariffs loom
The Herald

Govt 'prepared' as Trump tariffs loom

THE Government \"has prepared for all scenarios\", a Cabinet minister has said, as questions about President-elect Donald Trump's tariffs loom large ahead of the inauguration today.

time-read
1 min  |
January 20, 2025
The Herald

Three hostages freed

THE last British hostage in Gaza has been released by Hamas, after more than 15 months of captivity, in what was described as \"ongoing torture\" for her family.

time-read
1 min  |
January 20, 2025