TheWorks closes stores following cyber attack
The Works stressed the attack will not adversely affect company forecasts or financial position
Company
TheWorks.co.uk PLC
LON:WRKS
The Works is one of the UK's leading family-friendly value retailers of arts and crafts, stationery, toys, and books, offering customers a differentiated proposition as a value alternative to full price specialist retailers. The company's ambition is to become the favourite destination for affordable, screen free activities for the whole family. It operates a network of over 500 stores in the UK & Ireland, as well as trading online at TheWorks.co.uk.
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TheWorks.co.uk says online sales remain above pre-pandemic levels after stores reopen
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TheWorks.co.uk posts 25% sales plunge over Christmas period due to coronavirus restrictions
Stores delivered 24% growth in sales when they were allowed to open
TheWorks.co.uk expects material hit from store closures
The retailer is hoping to recover the lost sales in December ahead of the key Christmas season
TheWorks.co.uk says summer performance topped expectations
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Social distancing measures will be in place, such as limiting the number of customers at a time, floor stickers to highlight the social distancing rules, perspex screens at tills and hand sanitiser stations
The Works plans stores reopening as it remains confident on outlook
Online sales have risen during the lockdown period, reflecting demand for stationery products
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The Works’ plunges after issuing its second profit warning in six months
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TheWorks.co.uk shares plunge as it issues profit warning
Chief executive Kevin Keaney said he remains confident in the future prospects for The Works
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