|
“Sweet
Factory” is a long established worldwide confectionery “pick & mix” brand
trading circa 350 stores across 18 countries via individual master licensees.
The UK is a particularly competitive,
price sensitive retail environment and the mission has been to grow
the brand and increase market share / sales.
My role as MD has been very much a
hands on one touching all areas of the business.
Notable
Achievements
12% like for like sales growth
achieved by the introduction of a broader product range, an emphasis
on healthy options, bespoke gifting plus improved impulse
merchandising. Average sale increase of circa 7%
5% margin improvement achieved
by the introduction of tighter shop floor controls and the
re-negotiation of prices and payment terms from suppliers
Market share potential increased
significantly by the development of Sweet Factory branded pre-packaged
sweets opening the way for new trading opportunities via non staffed
concessions within established retail environments, Top Shop and
British Home Stores for example
Creation of new income stream
via sub licensing. Food court operator “Comcatco” rolling out units
across their growing number of UK wide food courts
Updating of brand including new
unitry and logo designs, labelling, uniforms, lighting and effects and
the introduction of strong emotive graphics.
· |