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Littlewoods plans refurbs before expansion

Littlewoods is embarking on a store refurbishment programme after reporting sales up 5% in the six months to end of October.

The retail chain, owned by the Barclay brothers, has spent several million pounds reworking six stores from a portfolio of 119.

It expects to revamp five more stores for Easter, with the rest converted within two and a half years at most.

New sites will be considered at that stage.

References: Financial Times 18/11/04 page 25, The Daily Telegraph 18/11/04 page 36 (In Brief), The Times 18/11/04 page 50 (Need to Know), The Guardian 18/11/04 page 21

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