26 THE SENTINEL Monday October 19, 2009 www
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26 THE SENTINEL Monday October 19, 2009 www
26 .... THE SENTINEL Monday October 19, 2009 [P] www.thisisstaffordshire.co.uk www.thisisstaffordshire.co.uk .... [P] THE SENTINEL Monday October 19, 2009 27 28 THE SENTINEL Monday October 19, 2009 www.thisisstaffordshire.co.uk [P] BUS NESS For more business news go to www.thisisbusiness-staffordshire.co.uk week in the market STAFF and customers at a Stoke-on-Trent shop have been celebrating Halloween early to boost business and raise money for charity. Employees at Matalan, in Longton, dressed up as ghouls, ghosts and vampires and children could have their faces painted. The event was staged by MParty, the special occasion department at the Heathcote Road store, and it included two fountains spouting blood-red chocolate. Sarah Clarke, pictured, M-Party manager, said: “I did the Halloween party as an in-store promotion, which also gives me the opportunity to raise some cash for the NSPCC at the same time. “We get dressed up every Saturday throughout October and then every day during Halloween week. It was a great day and the kids loved it.” Picture: Shaun Smith With Richard Platt, senior divisional director of Brewin Dolphin Securities £1m tonic aims to put pub trade back on top Landlords working with chain to boost business DAVID JOHNSON BUSINESS EDITOR Residential & Commercial Services Valuations • Surveys • Lettings • Sales • Estate Agency t:413580 / 847083 www.keateshulme.co.uk In association with Stanley Keates, Cheadle 01538 753177 IOn CT RU w ST O In n TC R SLSET AR LA IL SN SN nLennOeEOwLW wTD nLennOeEOwLW wTD FOR SALE S MI TIIE S S SIIM RT E ER PE OP D RO ED P PR RE UIIR QU EQ R RE n TIO UCw TRO S In n TWO STOREY SHOWROOM AND WAREHOUSE, BURSLEM • Prominent main road position • Air- conditioned showroom, basement storage • Offices & rear warehouse, first floor. FOR SALE OR TO LET RETAIL UNIT / SHOWROOM & STORAGE, BURSLEM TC ET R SLSSS AR LA MIIL IIM S ES T TIIE • Former Woolworth's building, town centre location • Glazed frontage, roller shutter doors, alarm, CCTV, lift. • Sales area: 3408 sq ft; Basement Storage: 3175 sq ft • Office, Staff Area, Kitchen, W.Cs R ER PE OP D RO ED P PR RE UIIR QU EQ R RE TO LET TC ET R SLSSS AR LA MIIL IIM S ES IE TI RT ER PE OP D E RO ED P R PR R U UII Q Q E E R R MODERN SHOWROOM & STORAGE, FENTON TO LET SN n TIO UCw TRO InSn £350,000 O.N.O or £25,000 p.a. nLennOeEOwLW wTD SN nLennOeEOwLW wTD £295,000 O.N.O n TIO UCw TRO S In n TC ET R SLSSS AR LA MIIL IIM S ES T TIIE • Prominent position on King R ER PE OP D RO ED P PR RE Street UIIR QU EQ R RE • GCH, Air- con • Loading bay, office & rear SUITE OF SECOND FLOOR OFFICES, warehouse stores. HANLEY • Total area: 5011 sq ft • High-specification sub-divided offices (465.57 sq m) • Area: 1310 sq ft (121.70 sq m) • G.C.H, D.G, Air - Con £25,000 p.a £8,000 P.A. Offices at: Hanley 01782 847083 Stoke 01782 413580 Cheadle 01538 753177 .... ©NM PUNCH Taverns is investing £1 million in North Staffordshire pubs. The chain has been hit hard by the smoking ban, the recession and falling property values. And there have been criticisms pub giants hold licensees to ransom, charging too much for stock and rent. But Punch says it will plough around £1 million into improvements at 25 as yet unidentified North Staffordshire venues. Adam Smith, regional operations manager for Punch, said: “It works out as an average of between £40,000 and £50,000 per site, so there are some positives to look forward to. “The fact we’re talking about that sort of investment means that the future could look quite rosy. “Stoke-on-Trent does seem to be a particularly challenging area. “It could do with a lot of Government investment, and that has been the case for a good while now. “The plus side is there are a lot of very pro-active licensees who are determined to bring in trade.” Mr Smith is responsible for around 270 sites in Staffordshire, Cheshire, Shropshire and North Wales. He said the firm had introduced new policies to help publicans, including rent discounts and promises to match insurance quotes. He said: “The good thing is that our new managing director has seen a need for the business model to evolve. “We call it the Pathway to Partnership and it involves things like the insurance matching and a lot of tailored business support, like advice or sales-building activities, not just rent discounts.” Last week Punch, which has more than 7,600 pubs across the UK, revealed annual losses of £405.7 million after slashing £663 million from the value of its estate. Underlying profits fell 39 per cent to £161 million. Research by the British Beer and Pub Association shows more than 50 pubs are going out business each week. But Mr Smith believes imaginative and determined licensees who offer excellent customer service will survive. Punch licensee Keith Elliott, who runs the Black Lion, in Trent Vale, with wife Jackie, agreed. He said: “It’s about giving your customers what they want. “We have started pool teams and darts teams. We started with just one darts team and now we’ve got three. “If you look after your regulars that helps evening trade and then our other big selling point is proper, locally-sourced, home-cooked food. “Location is also quite a lot to do with it and we’re fortunate because we are right on the A34. “Punch are coming in and they are trying to help us in the direction we want to grow.” How is your business beating the recession? Email us at [email protected] For more business news, visit www.thisisbusiness -staffordshire.co.uk Potter heroine casts magic spell on Burberry Emma Watson, the 19-year-old actress who plays Harry Potter heroine Hermione Granger, looks to have cast some much-needed magic on luxury clothing brand Burberry. A costcutting drive, buoyant sales from overseas shoppers benefiting from a weak pound and winning the plaudits at the London Fashion show have given the brand a welcome boost. It wasn’t so long ago Burberry was in a catch-22 situation. The classic label with its iconic check became hugely popular among aspiring youngsters but synonymous with so-called ‘chavs’ and football hooligans. But critics appear to have warmed to Miss Watson as the face of its latest autumn and winter collection. Several analysts reckon the stock is looking up again and have upgraded their forecast based on rising pre-tax profits. Shares recently hit a year high of 550p having been as low as 160p in the past 12 months. Get well soon, Clintons Britons send more greetings cards than any other nation in the world, a fact which has helped lift a little of the gloom surrounding Clinton Cards. According to the Greeting Card Association, the UK spent £1.7 billion on cards last year. The association said its survey of 1,000 people found that threequarters of those asked would be angry if they received an electronic message on a special occasion rather than a card. In full-year results for the period to August 2, published last week, Clinton said pre-tax profits rose to £24.1 million from £22 million. It was helped by a resurgent trading performance in the second half of the period from its core estate of 680 Clinton Cards stores. The firm placed its troubled Birthdays division into administration in May, closing 136 of its 332 stores, although it then bought back 196 of the most profitable stores in June. Not that the troubled year has had a detrimental impact on the share price. Shares have climbed from just 4p to 33p this year and with the unprofitable stores now off its hands the outlook for Clintons could not be healthier. Can Diageo lift shareholders spirits? Sobriety has been the order of the day across Europe during the recession. According to Bernstein Research, European sales volumes of both spirits and beer have fallen this year, with spirits down about 5 per cent and beer down close to 4 per cent from last year. Last week Diageo, the owner of Johnnie Walker, Smirnoff vodka and Guinness, said sales had fallen six per cent in the three months to September. It has recently admitted that trading remains tough in Europe. Indeed, the world’s biggest spirits group still plans to close its Johnnie Walker bottling plant in Kilmarnock and the Port Dundas grain distillery in Glasgow. Around 900 workers will be affected.