In This Issue
2017: A year of transition for the garden centre trade
Top 50 most-read stories in GTN Xtra 2017
When will the For Sale sign go up at Wyevale GCs?
So what went on behind closed doors at the Wyevale suppliers meeting.?
Rising Stars 2017 - The final 12
Owners of garden centre face £21,000 bill after selling 'dangerous' items
Wyevale Garden Centres announces shift away from acquisitions
Wyevale Garden Centres named on 'worst to work for' list
Sad news - Alistair Lorimer dies
Durston Garden Products HOLD prices for 2018
New display ideas, new products, new suppliers at Bunnings first UK garden centre - GTN Xtra picture exclusive
Retail ops restructured as going gets tough for Wyevale GCs
All eyes will be on how Wyevale GCs plans to replace 'unsustainable' growth strategy with core business focus
Sir Terry and Mr M...unfinished business at Dobbies?
Mothers Day bonanza as garden centre records are broken across the country
We cleared out Homebase management too quickly, confesses parent company's new CEO
Carol Paris is leaving the HTA
Dobbies "gets together with Ocado to be the best on-line"
Nicholas Marshall is back in the gardening industry as CEO of Dobbies
Newshound finds Mr M has been busy recruiting 'experience'...
Terra Firma props up Wyevale Garden Centres
So this is what a Bunnings Warehouse looks like...
A bittersweet moment says Scott CEO as he announces UK, Europe and Aussie sell-off
Gardman reports £1.5m loss - but earnings soar by 50%
Blue Diamond buys Bridgford Garden Centre
Exponent Private Equity to buy Scotts business in UK, Europe and Australia
Brothers sell £15m Yarnton Nurseries business
Area Representative/Product Merchandiser
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Westland win Sword of Excellence with SafeLawn
Is this the smallest garden centre in the UK?
Glee to hold two shows per year from 2018 onwards
Garden retailers sign up to industry Xylella statement
Marshall's strategy for Dobbies to put focus back on plants
Woodlodge win GCA Associate of the year Award
"The Best Glee for Years" - Retailers verdict on this years show
"Xylella is the most serious situation I have come across in 32 years in the industry"
MEP's vote to ban glyphosate completely by 2022
Blisters, tomatoes, over 100 walkers and runners raise over £22k on Garden Re-Leaf Day
Coolings buys Potted Garden Nursery at Maidstone
Exclusive pictures from Bunnings' biggest store yet
New men at the top at Hillier
Xylella fastidiosa: how Italy has tackled the problem
Town & Country is sold to EP Barrus
Supplier rebates to exceed £1.5m for Choice members
"Garden Centre of the Future" planned for new outlet retail centre at Downtown Grantham
Bunnings UK No. 3 - Hemel Hempstead in pictures
Shoplifting costs retailers £800m a year says research
Scotts: We want out of Europe...but we won't give the business away
New trade show will demonstrate how to cater for vegans
Historic exhibition and new branding for Dobbies
Exciting new-build garden centre underway
Bunnings - Homebase - sales drop by £44m
Glyphosate licence approved for 5 years
Situations Vacant
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When will the For Sale sign go up at Wyevale GCs?
No 1 Most Read Story 2017. First published: Sunday 12 November, 2017

 

Woof! Newshound here…back and straining at the leash. So what’s cooking? The boss says people who’ve have had their ears to the walls at Wyevale GCs HQ reckon there’s something interesting about to break.

 

Well, I know and you know there’s always something interesting going on down there but given that the walls at Fortress Wyevale are notoriously sound-proof, news doesn’t often leak out, does it…yet, what if there’s a mole…?

 

Anyway, let’s rewind for a mo. It’s more than five years now since Terra Firma bought the 126-centre Wyevale chain for £276m. At the time, the group (then trading as The Garden Centre Group) was being run by Nicholas Marshall. Six months later, Marshall resigned after four years as chief executive. He will have got to know Terra Firma’s chairman, Guy Hands, during the run-up to the acquisition.

 

Fast forward to 2016: Terra Firma joins the bidding as Tesco puts the rival 34-store Dobbies chain up for auction…but loses out to Midlothian Capital Partners/Hattington Capital. Had it been successful, Wyevale would have had enough critical mass to excite the wider investment market, possibly even with a flotation.

 

Eight months later, Dobbies recruits Marshall as chief executive. Within weeks, Marshall brings a string of trusted former Wyevale colleagues who had been ousted in Terra Firma’s purge into the Dobbies fold in key positions. So the team that knew the Wyevale group inside out is now running Dobbies. Interesting, no? Some of them will have friends who still work on the inside at Wyevale…

 

Meanwhile, Wyevale Garden Centres is having a torrid time, forced to negotiate £100m of re-financing following losses of £122m reported in its 2016 accounts.

 

From now on, we are told, Wyevale Garden Centres, under its new-look leadership team headed by Roger Mclaughlan, will adopt a new strategy…dedicating more time to serving and advising customers. Like successful independents do, then? “We need to make the company more customer focused than it has historically been,” Mclaughlan is reported as having said.

 

So these are surely clear signals that a re-structured, re-focused and re-financed WGC is being groomed for the market – and it’s fair to assume that Terra Firma will not want to wait too long to get the business off its Hands once the financials improve.

 

Hence the ears to the walls at WGC HQ as we wait for the For Sale sign to go up.

 

Dobbies’ backers will be aware of this. Could they be tempted to make a move on WGC, a business of which Marshall and his team have a uniquely intimate knowledge?

 

It would create a group with full national reach from Cornwall to Invernesshire, capitalisation to attract further investment – and a management that currently appears committed to retaining plants and gardening as its primary raison d’etre.

 

At the age of 67, Nicholas Marshall could well be up for one more special ‘David and Goliath’ challenge.

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