The Fast Track 100 league table ranks Britain’s 100 private companies with the fastest growing sales over the latest three years.
Menkind is a multi channel retail business offering a wide and interesting choice of men’s gifts through a number of stores across the UK and website www.menkind.co.uk
The year ending March 2010 has been Menkind’s most successful to date and was a period of considerable growth for the company both in terms of turnover and profitability during what, for many, has been a difficult market. This has been achieved due to the strength of the proposition and the flexible operating model which allows Menkind to manage and align costs effectively with market conditions.
The current economic climate has created great opportunities as well as challenges providing Menkind with the opportunity to expand their permanent store base from six stores to twenty, including openings in key major cities such as Cardiff, Glasgow, Liverpool, Manchester and Nottingham.
Menkind’s sales have increased 52% a year, from an annualised £3.9m in 2007 to£13.7m in 2010, ranking them 79th in the Fast Track 100 league table published on 5th December 2010 in The Sunday Times.
UK Point of Sale, the UK’s leading supplier of many point of sale accessories and retail supplies has urged businesses to get their orders in before the Christmas cut off date to make sure they are fully prepared for the January sales!
Whilst many shoppers are rushing round trying to get the last of their festive shopping completed many retailers will be anticipating one of the most busy times of year for the industry – the January sales – and to help maintain some sort of order during this hectic time of year UK POS have urged owners and store managers to stock up on the vital point of sale accessories they’ll need from Window Displays to Snap Frames.
UK POS provides all of these and many more to help make sure businesses are able to enhance their customers’ shopping experience with clearly labelled sections and easy to read offers and shop displays to boost sales. But if businesses plan to be ready when the January sales starts then they will have to hurry to make sure their orders are delivered before the New Year.
UK POS’ last day for orders before Christmas is the 22nd of December; all other orders made after this date over the festive period will only be processed on the 4th of January 2011 which may be too late for some businesses. The good news though is that all orders made on the 22nd will be delivered the very next day (the 23rd of December) allowing retailers to be armed and ready for the sales crowds.
Debra Jamieson of UK POS urged businesses to act now, saying, “With the January sales being the perfect way to start the new year for a lot of retailers it is important that they are able to clearly display promotional items and mark sections of their shop out to the crowds”
“When it comes to shopper satisfaction, having a strong point of sale presence whether this be pavement signs to draw customers in or PVC ticket holders showing prices clearly, it all creates a better experience for the customer”.
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