Skip to content
Use ( Entertainer10% ) code for 10% off on non-discounted items, online orders only
Use ( Entertainer10% ) code for 10% off on non-discounted items, online orders only
Free Shipping

All orders EGP 600 & above

Give Us A Call

19280

Chat With Us

We offer chat support

Locations

Find a store near you

The Entertainer reports 31% profit increase - The Entertainer Egypt

The Entertainer reports 31% profit increase

The Entertainer, the fastest-growing, family-owned high street toy retailer in the UK, has today announced a 31% increase in YOY profits.

The retailer delivered a total YOY sales increase of 21.7% for the 12-month period ending 28th January 2019 with LFL store sales growing by 12.3%. TheToyShop.com, The Entertainer’s online platform, reported a 38% sales increase for the same period.

The Entertainer also announced profit-related bonuses of £3m to its employees and the company’s policy of tithing profits resulted in donations of £1.6m. Along with other schemes such as Payroll Giving, ‘Pennies’ and carrier bag donations, their total charitable donations hit £2.7m.

The retailer added 16 stores to its UK portfolio taking its total to 163. It also grew its international footprint with the acquisition of Poly, a chain of 55 toy shops in Spain, and continued to grow the curated wholesale business through their partnership with Matalan which saw a further 54 toy departments opened, taking the total to 63.

This is in addition to the company recently announcing that it had acquired the Early Learning Centre (ELC). ELC operates within 80 Mothercare stores in the UK, 400 stores internationally via franchise partners and online through its website, www.elc.co.uk. The acquisition also included its portfolio of iconic British toy brands such as Happyland.

Gary Grant, Founder and Executive Chairman of The Entertainer comments, “We’re delighted with these results and credit our success to our enthusiastic, loyal staff, who we’re delighted to be rewarding with a record profit related bonus. 2019 will see us continue to keep a tight control on costs, further strengthen our own label product offering through our Addo brand, ensure we are first to market on key trends and of course offer excellent value for money to our customers.

“Our ambitious growth agenda will continue after our exciting start to the year with the acquisition of ELC and we will continue to look at every opportunity to expand our presence both nationally and internationally.”

Previous article LEGO’s Batman and Robin head to Watford for The Entertainer’s Grand Opening Event!
Next article The Entertainer features in The Sunday Times top 50 best mid companies to work for