Hobbycraft is the UK’s leading specialist retailer of art and craft products. It offers a range of more than 20,000 products catering for 250 different crafts and hobbies, and has turned its 100-plus superstores into crafting destinations with classes and demonstrations to engage with customers and emphasise its specialist credentials. Retail Week provides news, analysis, features and opinion about Hobbycraft and specialist retailers.
TGJones was envisaged as a ‘hub of the high street’ but, as its chief executive stands down, there are few signs so far of increased momentum at the retailer, observes George MacDonald
The chief executive of TGJones is leaving less than a year after the sale of the renamed WHSmith high street division, Retail Week can reveal.
Hobbycraft owner Modella Capital is exploring a possible sale of the crafting specialist after receiving a takeover offer.
It feels like the number of private equity acquisitions has sped up in the past few years, with some big high street names involved.
Specialist crafts retailer Hobbycraft has reported growing sales over its Christmas trading period as festive products helped drive sales.
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