Back to today’s briefing

Story perspectives

The Works Shuts Online Sales, Boosts Share Price 13.8%

3/21/2026

27 4 Full Breakdown

Summary

Story summary

The Works has shut down its online sales after an assessment deemed them unsustainable, raising the share price by 13.8%.
The company will maintain a non-transactional website to showcase products and direct customers to its stores.
Gavin Peck, Chief Executive of The Works, says the strategy reduces risk and supports long-term growth.
The Works plans to open five new stores this financial year, with potential for up to 100 more.

1 of 1

Story summary

The Works has shut down its online sales after an assessment deemed them unsustainable, raising the share price by 13.8%.
The company will maintain a non-transactional website to showcase products and direct customers to its stores.
Gavin Peck, Chief Executive of The Works, says the strategy reduces risk and supports long-term growth.
The Works plans to open five new stores this financial year, with potential for up to 100 more.