Theo Paphitis discusses ‘hybrid retailing’ at Autumn Fair

by | Sep 8, 2021 | Community, News | 0 comments

Retail entrepreneur and small business advocate Theo Paphitis has championed hybrid retail – the mix of physical and online retailing. As well as highlighting the growth in convenience and localised shopping, he urged would-be retailers to take the opportunity now to open physical stores and revealed that his businesses are looking to open more stores and have identified 200 sites to investigate.

Speaking at Autumn Fair, Theo said: “Now is the time to do it, with lower rental costs and lower business rates, I can only see opportunities for physical retail to grow again. There is no better time to open a physical store.”

On the impact of COVIDhe said; “It’s been the most amazing retail experiment. We’ve had so many conversations in the Board about closing stores over the years, but COVID has been a forced experiment that has allowed us to just focus on online. It has also made customers more used to technology, and now we can enjoy hybrid retailing – giving customers what they want, when they want it, and meeting their different expectations for both.”

Since it’s official launch on Sunday, the Curated Meetings programme has delivered more than 400 face to face meetings between buyers and exhibitors. Feedback has been overwhelmingly positive.

Priya Crowe from London-based retailer Lark said after her meetings: “Curated Meetings is excellent. It’s been a fantastic way to meet business owners to discuss ideas and bounce off each other. There have been lots of companies I wouldn’t naturally have spoken to, and I’ve placed really big orders through this process. It’s been really beneficial.”

The positive feedback continued across the rest of the show. Bruce Bell, marketing director of Gallery said; “We are delighted to be back in the room with our dear clients and friends. Customers are happy to shop and be back in front of product once again. We have launched new ranges and products at Autumn Fair, including, textile, outdoor living, gifts, and Christmas. Our launch of Sofa In A Box has been a huge success. This has been a recording breaking Autumn Fair, and we are extremely excited for and looking forward to Spring Fair, where we will have an even bigger presence.”

more latest news ➡

HTA shows caution for garden retailers

Garden Centres cautious despite good start to year

The Horticultural Trades Association (HTA) releases its February monthly market update, which shows that despite the UK economy's recently announced recession, garden retail continues to show some green shoots to kick off the year. The resilience is a continuity of...

Mike Burks awarded GCA Honorary member

GCA inducts Mike Burks as honorary member

Mike Burks, managing director of The Gardens Group, which owns Castle Gardens in Sherborne, Brimsmore Gardens in Yeovil and Poundbury Gardens near Dorchester, has been awarded Honorary Membership of the Garden Centre Association (GCA). Presented by GCA...

Greenfingers

The GCA Conference digs deep for the Greenfingers Charity

The recent Garden Centre Association (GCA) conference was not only an informative and educational event, but it also featured a lot of fundraising for the garden retail sector’s adopted charities, including Greenfingers. In fact, delegates dug so deep into their...

Andy Hannan joins Dobbies as Commercial Director

Dobbies appoints Andy Hannan as Commercial Director

Dobbies, the UK’s leading garden centre retailer, has appointed Andy Hannan as Commercial Director. With extensive experience from across the retail sector, Andy will lead the delivery of Dobbies’ commercial strategy as it enters its new financial year. Andy has...

retail sales slow

Retail sales slow as high cost of living enters third year

UK Total retail sales increased by 1.2% year on year in January, against a growth of 4.2% in January 2023. This was above the 3-month average growth of 1.9% and below the 12-month average growth of 3.4%. Food sales increased 6.3% year on year over the three months...

Bells Horticultural acquires Peter Beales Roses

Bells Horticultural acquires Peter Beales Roses 

Bells Horticultural, a distinguished family-run enterprise with a rich heritage in horticulture, proudly announces the acquisition of the celebrated Peter Beales Roses business. This strategic move solidifies Bells Horticultural's commitment to preserving and...

Read GCR's latest edition!
Read GCR's latest Made in Britain Supplement!

Subscribe ToThe Wednesday Word

Subscribe To
The Wednesday Word

 

Get all the latest news, events & more straight to your inbox every Wednesday.

You have Successfully Subscribed!

Pin It on Pinterest

Share This