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Cost control protects profits at Pavers

Operating profit at footwear retailer Pavers increased by 2.5% to £10.2m for the year to 30 January following “tight cost control” and a store review.

pavers

The business said it had closed some stores and relocated and refurbished others, leading to a reduction in payroll.

Turnover was impacted, falling 0.5% to £81.1m.

Pavers said the retail environment for the year ahead remains “very competitive”.

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