In This Issue
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Time to stock up for spring!
David Isaac says farewell to Johnsons of Boston
Dobbies acquires Johnsons Garden Centre
Glee to return in September 2021
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Tomato plant sales soar – up by 35%
Scotsdales launches Scan & Go Loyalty App
Squire’s Garden Centre Reigate receives GCA GROW training award
Seventh generation Durston joins family business
Dobbies partners with Butterfly Conservation
David Austin supports charities with 'Positive Planting'
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Get your own copy of GTN Xtra
Smart Garden in the UK’s Top 100 Profit League
Pot feet, take a bow!
World traveller in the DIY sector turns 80
50% more growing going on
Collaboration between Smiemans Projecten and Hortère Conseil
Growth for Wild Bird Care
James Jones & Sons Ltd launches new ‘Fence Master’ app
Leading sustainable decking firm launches industry-first software
The best of last week's
Large Fire at Longacres Shepperton - UPDATED
Nicholas Marshall returns... again
Partnership blooms as 'Caulders at Scotmid' springs up
Squire’s financial results encouraging despite challenges
Barton Grange Christmas 2020 - Exclusive GTN Xtra Photo Tour
Squires Badshot Lea - Christmas 2020
Perrywood at Christmas 2020 - with correct photo gallery now...
Bestsellers Top 50 charts every week
Buy your subscription to the GTN Bestsellers printed weekly newsletter
All the latest news from the world of pet products
Dog-friendly garden plants guide
Actress teams up with pet nutrition company
Supreme extends high-performing Naturals Treats range
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Squire’s financial results encouraging despite challenges

 

Squire’s Garden Centres has reported a drop of 42% in underlying profits to £2.2m but said it was a “very good result” given the events of 2020.

 

The accounting period up to 31 July 2020 spanned pre-pandemic, the first lockdown and subsequent high demand when garden centres were permitted to re-open again in May 2020.

 

Given the period of closure during the peak spring trading window, total turnover dropped by 7% to £53.0m. Trade had been strong during the financial year up until closure. 

 

After lockdown, sales (particularly in plants and core gardening) were very strong, with a higher average spend. 

 

 

The believed it secured new customers, as more people were at home and wanted to enjoy gardening and spending time in their gardens. 

 

Turnover was boosted by the addition of the newly-acquired centre at Wokingham (Heathlands), which joined the group on 1 August 2019. The performance of this site has exceeded expectations.  

 

The centre at Frensham benefited from the newly refurbished Food Hall which opened shortly before lockdown, and as a stand-alone food shop was able to continue to trade while the rest of the centre was closed. During the year Squire’s completed a major extension of the shop and Café Bar at Milford. 

 

Reopening its Café Bars from early July was more challenging and sales dropped substantially by 33%. 

 

In common with many businesses the Coronavirus Job Retention Scheme proved crucial for Squire’s, enabling the company to retain its workforce during the closure period.  

 

Sarah Squire, chairman of Squire’s, said; “I cannot stress enough how significant the support, commitment and hard work of our colleagues has been as we navigated the period of closure and beyond. 

 

“So many people have come up with innovative ideas, solved problems and taken on tasks outside their usual remit with willingness, determination and great good humour. 

 

“Our suppliers have also been incredibly helpful while facing not inconsiderable challenges of their own.”

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