In This Issue
Blue Diamond buy 6 more centres from Wyevale
Blue Diamond East Bridgford and Fairways pick up top honours in GCA Midlands region
Three times a charm for GARDENA at the GIMA awards
Stewarts Christchurch and Squires Hersham pick up GCA awards in South Thames region
Blue Diamond chief reveals dramatic July trading uplift at former Wyevales
Rising Stars 2019 - From Twenty to Ten for Conference
Increased footfall drives garden centre sales
Groves Nurseries to launch 'Mr Groves Violet Gin' distilled on site
Nursery hopes label service link-up will reduce single-use plastic in garden centres
Benary hosts Fleuroselect seed breeders convention
Haddonstone applauded for garden scheme support
Plantarium theme is: Think Small...and Green
Schoolgirl's winning design planted up at Teddington Lock
Kids win free passes to Bradford garden centre's new indoor play area
Groves says goodbye to Annette after 25 years
Get your own copy of GTN Xtra
Apta appoint new sales manager for East Anglia
Bugs and seed sowing shine light on sales
Growing activity continues to grow
Wildlife projects for school holidays
Christmas spuds make a showing
Colour and heat shines through in plant sales
Weather stimulates June online sales - but garden had poor second quarter overall
Public asked to help raise £4.8m towards completion of RHS garden at Salford
The best of last week's
Perrywood and Squires Shepperton triumph in GCA North Thames region
Tong and Cowell's take GCA awards in North East while Barton Grange and Fron Goch triumph in North West
Profit up 52.5% at Notcutts in year to February 2019
SOLEX exhibition fuels Summer optimism
Garden Centre Photo Tour - RHS Wisley New Plant Centre
Garden Centre Photo Tours
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
Fleuroselect
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Profit up 52.5% at Notcutts in year to February 2019

 

Notcutts has recorded strong profit growth in the year ending February 2019 with operating profit up 52.5% to £1.5m. Gross margin improved by 0.6% points to 47.5% and stock turn improved from 3.4 to 3.9 during the year.
 
Sales were level at £74.7m in a year when four garden centres had normal trading patterns disrupted over extended periods by redevelopment and improvement projects.
 
Capital expenditure was £10.5m. Restaurant redevelopments were completed at Woodford Park and Dukeries (Worksop) garden centres. Full centre redevelopments, covering both retail environments and restaurants, were completed at Booker (pictured above)and Rivendell (Widnes) Garden Centres. In each of these schemes Notcutts’ iconic show gardens were included as part of the developments. A new website and e-commerce platform was completed and launched in the year and Notcutts new brand rollout was completed across all 18 garden centres.
 
Commenting on these results, Chief Executive Nick Burrows said: “We are pleased with our progress during a year in which we were able to deliver good growth in operating profit. A focus on margin and a successful cost efficiency programme helped underpin this achievement. This during a year when we completed our new brand rollout and launched a new website and online store.”

 

Garden and restaurant terrace at Notcutts Woodford Park Garden Centre.
 
Burrows was especially pleased to have completed sizeable refurbishment projects which form part of the Notcutts five year strategic plan to reposition and upgrade their garden centre estate. He said: “With the completion of major projects at Rivendell, Woodford Park and Booker we are now some two thirds of the way through our planned programme of improvements. Our attention now turns to further projects at our Garden Pride (Ditchling), Woodbridge and St Albans Garden Centres which will be completed in 2019/20.”
 
Chairman Nicky Dulieu emphasised the importance of continuing to redevelop remaining garden centres in the portfolio. She said: “We have now secured planning permission for further upgrade projects at our Solihull and Tunbridge Wells Garden Centres. With both of these developments we will be improving and extending our restaurants which are now so important to the overall Notcutts customer experience.” Dulieu, with all members of the Notcutts Board, has also championed the company’s developing e-commerce and digital capability, which is seen as a key component for the company in attracting the emerging millennial customer to gardening.
 
Notcutts introduced further show gardens in the year and now have these in 14 of their 18 garden centres. Caroline Notcutt, Vice Chairman, has hosted events for customers, partners and local communities as each show garden has been unveiled. “Our show gardens are attracting customers in great numbers,” she commented. “They are an important part of the Notcutts brand and customer proposition now and really showcase Notcutts’ horticultural credentials which extend back over 120 years. We have designed them to inspire customers with ideas for plant combinations and garden layouts. They are true wellbeing spaces and are becoming a real focal point for our customers as well as a sense of great pride for our garden centre colleagues who look after them throughout the year.”

 

Restaurant at Notcutts Rivendell Garden Centre in Widnes.

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