Windfall for Toymaster members

Proof of the robustness of the Toymaster buying group has come in the form of a £350K rebate to its members.
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Following on from a very profitable 2009, the group has returned £350,000 to members in the form of a Brand Enhancement Rebate.

The rebate is for Toymaster Members to spend in a variety of ways to help enhance their store and the marketing of their business.

The amount equates to over 30 per cent of the fees paid by Toymaster members in 2009 and is also the largest amount returned to the Toymaster membership in any one year by the buying group.

Operations director Ian Edmunds told ToyNews: “At the end of the day we have managed to maintain our cost base and as you know, if you increase revenue and keep your costs in line, the money flows in at the bottom.

“As long as they spend it on their business and use it to improve it, members can spend it on what they like – painting the outside of the shop, decorating inside, advertising, distribution of catalogues. Anything and everything.”

Last year, the rebate was £250,000. The rebate is allocated according to store turnover.

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