Discount bookseller The Works has revealed a strong Christmas trading update as its “great value and exciting products” attracted customers.

The retailer has also appointed Kevin Keaney as chief executive. Keaney joined the business at the end of August as managing director.

The Works, owned by private equity firm Endless, said like for like sales were up 12% and total sales grew by 18% in the four weeks to December 25.

Chairman Anthony Solomon said he is “delighted” with the performance.

Solomon said Keaney has made a “really positive impact since joining the business.

He added: “I believe he is the right man to lead The Works through the next stage of its development.”   

Keaney said: “I am very excited about the potential of The Works and whilst I know trading this year will be challenging I am cautiously optimistic that we can build on the success we had at Christmas.”

Topics