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All Hobbycraft articles
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FeatureHobbycraft’s Graeme Campbell discusses rebuilding after restructuring
Change is underway across the business, at both executional and channel levels, as Hobbycraft looks to a new era following its exit from a CVA, which resulted in a tranche of store closures and job losses.
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NewsHobbycraft sets sights on high street and overseas stores
Specialist retailer Hobbycraft aims to test high street shops and open overseas branches as it embarks on a new growth phase, Retail Week can reveal.
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Opinion‘TGJones will stand or fall on whether it can articulate an obvious purpose for shoppers’
A court go-ahead for the restructuring of TGJones can only be the start of what’s needed to restore its fortunes, observes George MacDonald
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NewsHobbycraft pays out to creditors as it makes early exit from CVA
Specialist retailer Hobbycraft has exited its CVA two years earlier than envisaged and distributed a pot of cash to creditors, Retail Week can reveal
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DataFun leaderboard: the 80 ‘most fun’ retailers, according to consumers
Thanks to data shared with Retail Week by OC&C, we can reveal the UK retailers that consumers say are the most fun to shop with.
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Opinion‘Modella now needs to deliver on promise of TGJones’
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
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NewsModella’s TGJones appoints new chief executive
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.
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NewsHobbycraft owner explores sale after takeover interest
Hobbycraft owner Modella Capital is exploring a possible sale of the crafting specialist after receiving a takeover offer.
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Chart of the WeekChart of the Week: Modella drives acceleration in private equity retail M&A
It feels like the number of private equity acquisitions has sped up in the past few years, with some big high street names involved.
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NewsHobbycraft Christmas sales rise driven by festive products
Specialist crafts retailer Hobbycraft has reported growing sales over its Christmas trading period as festive products helped drive sales.
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NewsHobbycraft reports ‘strong trading’ after loss-making year
Specialist retailer Hobbycraft is now in a position to “prosper” after previously suffering a fall in annual earnings, Retail Week can reveal.
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NewsThe Entertainer strikes toy supply deal with Modella Capital
The Entertainer is to supply toys to TGJones and Hobbycraft as part of a new partnership with retail investors Modella Capital, Retail Week can reveal.
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NewsHobbycraft announces it will shut more stores
Hobbycraft has announced that it will be closing more stores this month and in September.
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NewsWHSmith revises sale of UK high street arm
WHSmith has announced the completion of the sale of its UK high street arm to new owner Modella Capital under amended sale terms.
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NewsPoundland owner inching closer to sale of discounter
Pepco is inching closer to agreeing a sale of discount chain Poundland, with a deal expected to be announced as soon as this week.
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NewsWHSmith buyer restricted from immediate store closures
The new owner of WHSmith’s high street stores cannot initiate widespread closures for at least 12 months, despite planning rapid restructuring at its other retail properties.
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NewsHobbycraft to close stores and axe around 100 jobs
Hobbycraft’s owner Modella Capital is planning to close at least nine stores with around 100 jobs slashed in a bid to restructure the business.
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AnalysisWHSmith: Can its new owners make the high street business actually work?
After 233 years on the high street, news broke last week that WHSmith’s high street business has been sold to Modella Capital for £76m
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NewsWHSmith bidder Modella Capital eyes restructuring of Hobbycraft
The owner of Hobbycraft, Modella Capital, is mulling a restructuring of the arts and crafts retailer, according to reports.
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NewsRace for WHSmith high street business down to two bidders
The expectation is that a deal is being targeted for April.