The Entertainer bucks high street trend to see profits soar 29 per cent

The family-run high street and online toy retailer, The Entertainer has recorded rising sales and profits last year, bucking the trend seen on a high street that continues to struggle.

Earlier this month, it was reported that the high street had been hit with its worst figures in seven years, and that shops and restaurants were lying empty at the fastest rate in the past decade.

However, these are woes not to be felt by the high street toy specialist, The Entertainer, who recently revealed that pre-tax profits had soared 29 per cent to £14.7 million, while sales were up £37.7 million to £204.4 million during the year.

Founder Gary Grant, who started up The Entertainer business with his wife Catherine, even managed to pocket a £2.6m dividend. 10 per cent of this was given to charity. Grant founded the toy shop business in Amersham, Buckinghamshire in 1981.

It’s become the fastest growing, omni-channel, family-run toy shop in the UK, with a global foothold, since.  

In an interview with The Times, Grant stated that he was “accountable to God, not to shareholders.”

About Robert Hutchins

Robert Hutchins is the editor of ToyNews and its sister title, Licensing.biz. He has worked his way from Staff Writer to Editor across the two titles, having spent almost eight years with both and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@biz-media.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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