Catriona Marshall, HobbyCraft
Transcription
Catriona Marshall, HobbyCraft
Core Sponsor Sponsors Catriona Marshall CEO, HobbyCraft Group Ltd Catriona Marshall Hobbycraft Property Team James Yates Grant Imlah Mark Phelps Hobbycraft Today Arts and Crafts Retailer Unique Retail Proposition Biggest Choice in the Market New Concept Store Stores that Inspire Craft Designed for mums and kids New layout, lower fixtures and signage to make shopping easy Themed windows, display tables feature ends with finished craft to inspire Area for demonstrations and classes Hero departments of PaperCraft, Celebrations, Jewellery and Knitting Hobbycraft Today Bridgepoint PE Buyout of Hobbycraft in 2010 Bridgepoint successful growth model for Pets at Home Fat Face and Pret a Manger in Bridgepoint portfolio Hobbycraft Today 53 Stores £95m sales YE Feb 2011 (+13% growth) £14.4m EBITDA (+18% growth) Store Growth 1995 – 1st Hobbycraft in Bournemouth (1) 1996 – 3 new openings (4) 1997 to 1999 – 12 new openings (16) 2000 to 2004 – 3 new openings (19) 2005 to 2007 – 15 new openings (34) 2008 to 2010 – 17 new openings (51) 2011 – New Hobbycraft Arrives Aylesbury and Orpington open Leeds and Northampton Refurbished 8 further stores opening this year (61) Location Strategy Garden Centres Destination Larger Cities/Towns - >200k population Edge of Town Centre Retail Park Rural Towns with larger catchments The Best Retail Parks in the Best Towns and Cities Our Growth Plan Phase 5 ‘Craftastic’ Phase 4 New Markets Phase 3 Phase 2 Leading Authority New Hobbycraft Phase 1 LoveCraft Jumpstart Good Mar to Sep 2011 Oct 2011 2011 2012 2013 Knowing and delighting our customers Our current focus Emma the mum Jean the crafter Sam the artist Our future target customers Amy the teenager Kate the entrepreneur crafter Miss Thompson the teacher Emma the mum Jean the crafter Sam jnr the artist Sam snr the artist Amy the teenager Kate the entrepreneur crafter Miss Thompson the teacher Customer Experience Driving Sales An Engaging Brand Stores that inspire craft No 1. for Product Customer Experience Driving Sales Colleagues who add value Neutral Value Perception Always Something New Craft With Us Leading Authority in Craft TV Selling Local Outreach Managers Social Media Database Magazine Craft With Us PR Craft Areas Web Helpful Experts Product Inspiration Investing to Create Value 51 to 100 in 3 years People Investing to Create Value DC New DC in 2012 Systems End to end renewal 2012 New Stores Internet Refurb Programme What have we got to offer? Category Killer Positive organic growth Aggressive expansion plan High destination factor Widening appeal “No nonsense” internal processes What are we looking for? 50 new sites High Emma appeal (Jean important too) 11.5k gross space (ideal 7.5k rental) Glass Frontage “attractive stores” Locations Altrincham Ashford Barnsley Barnstaple Bedford Birmingham (South West) Blackburn Blackpool Brighton/Hove Bristol (South) Burton Upon Trent Bury St Edmunds Camberley/Farnborough Carlisle Chesterfield Colchester Darlington Derby Doncaster Dudley Durham East Kilbride Eastbourne Enfield/Edmonton Exeter Falkirk Glasgow (West) Grimsby Guildford Harrogate Hereford Huddersfield Inverness Ipswich Kidderminster King’s Lynn Lancaster Leamington Spa Leeds (North) Leicester Lincoln Liverpool (North) Liverpool (South) Llandudno Luton Manchester (NE) Manchester (West) Mansfield New Malden/Wimbledon Newbury Newcastle (North) Plymouth Redditch Salisbury Scarborough Scunthorpe Shrewsbury Slough/Maidenhead Southend on Sea Southport Stoke on Trent Taunton Telford Torquay Truro Wakefield Wigan Wirral Worcester Wrexham Yeovil York Come and visit us!