Home stores make more money for Next than its clothing stores, it has revealed. The clothing giant has seen profits of 23.3% from the six Home stores it has opened in the past year, compared with 21.3% from mainline stores.

The Home stores are also outperforming clothing branches on sales, with sales 9.6% ahead of forecast compared with 5.8% for non-Home stores. Next opened its flagship 55,000sqft Home store in Shoreham-by-Sea, West Sussex in late July and says the failure of rivals means suitable retail space is readily available at attractive terms.

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