‘When the going gets tough, the tough get going’. Or at least that is what’s happening in the £5bn UK domestic appliance sector, where online retailer Marks Electrical #MRK is materially out-performing the competition.
00:00 Current consumer demand
02:30 What’s driving Marks’ best-in-class performance?
04:05 Split between new vs existing customers.
05:55 How #MRK is winning market share
08:05 Update on product availability
10:40 Cost & working capital management
12:10 Expansion opportunities
13:25 ESG credentials
15:35 Resilience of business model.
19:05 Future newsflow