The Original Factory Shop
Encyclopedia
The Original Factory Shop is a discount department store that was established in 1969. It currently operates 170 + stores across the United Kingdom.

Operations

The Original Factory Shop was established in 1969 as part of Peter Black's empire, at first selling soap that was overmade by one of Blacks factories. Expanding at a steady rate the now nationwide chain has over 160 outlets and has plans to have 500 stores by 2020. The company opened its newest store in Carterton
Carterton
Carterton may refer to:* Carterton, Oxfordshire, England* Carterton, New Zealand...

 in October 2011.

The chain sells a wide range of products including fashion, homewares, toys and personal care products. The products can be from the chains own lines, branded products or lines that were unwanted from a high street chain or supermarket. This allows the The Original Factory Shop to discount items by up to 70% in price.

During 2010 - 2011 the chain expanded its warehouse and offices in Burnley by 10000 square feet (929 m²) to provide for the future needs of the business.

Online Operations

In mid 2010 The Original Factory Shop opened its online store, at first selling a limited range of instore products. In mid 2011 the online store was redeveloped several times and many new products were added, including more items from instore and also exclusive online products such as beds, home appliances and large toys. In August 2011 The Original Factory Shop offered customers the chance to book and pay for products instore. Since its opening the online store has proved strong sales.

Performance

Sales for the last 6 weeks of December 2010 were very strong, up 23%. This was caused by extreme weather conditions forcing people to shop locally. During this time the company achieved their best day of sales on 24th December 2010. There other achievements in theis period included selling a pair of wellington boots
Wellington boot
The Wellington boot, also known as rubber-boots, wellies, wellingtons, topboots, billy-boots, gumboots, gummies, barnboots, wellieboots, muckboots, sheepboots, shitkickers, or rainboots are a type of boot based upon leather Hessian boots...

 every nine seconds of trading time, and selling three times more advent calenders for dogs than human advent calenders. Also in this period the chain opened 8 new stores across the UK, meaing the chain opened 31 new stores in 2010. The company targets to open 35 new stores in 2011, meaning almost 200 overall.

In 2011 the chain did not perform as well with profits reduced due to eceonomic conditions and massive investment in the chain including many store openings, expansion of headquarters and warehouse and upgrading store equipment.

The Chief Executive of The Original Factory Shop is Angela Spindler.

In May 2010 rumours surfaced that the parent company Duke Street Capital put the chain up for sale for £200 million. These rumours were later denied by The Original Factory Shop and Duke Street Capital.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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