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Evening Standard
Evening Standard
Business
Holly Williams

Marks Electrical flags caution over sales outlook amid consumer pull-back

Online electronics retailer Marks Electrical has revealed record sales for the past year (Marks Electrical/PA) -

Marks Electrical has said it is taking a more “cautious” outlook over annual sales and profitability as consumers rein in spending in the face of cost of living and unemployment worries.

The group said while it has seen a recent World Cup boost for televisions and sound systems, overall consumer confidence was “weak”.

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