The British mega-retailer whose CEO writes the company’s earnings statement just clocked up a record $1.3 billion profit

(Credit: Chris Ratcliffe—Bloomberg/Getty Images)

Next, the FTSE 100 clothing retailer, just reported a blockbuster year, minting £1 billion in profits. 

The 160-year-old company sells everything from clothing to home furnishings. On Thursday, it became only the fourth British retail company to ever hit the £1 billion ($1.3 billion) profit milestone, amid sluggish economic growth in the country.