Mountain Warehouse to Expand Store Portfolio in 2014

Posted on 17 January, 2014 by Kirsten Kennedy

Tourism in the UK has taken off in recent years, with the favourable economic conditions and strengthening infrastructure attracting backpackers and holidaymakers seeking luxury alike.

Mountain-Warehouse-to-Expand-Store-Portfolio-in-2014

Many are seeking the shopping scene and historical attractions in cities such as London and Edinburgh, however, a growing number wish to visit Britain in order to take advantage of the countryside and mountain ranges which have long been enjoyed by domestic hikers.

Perhaps this is part of the reason for outdoor chain Mountain Warehouse’s success. In the six weeks to the 5th of January, the brand posted a 10.7 per cent rise in like for like sales – an impressive result, especially when compared to larger brands within the retail industry such as Tesco and Debenhams.

Furthermore, Mountain Warehouse took advantage of a rise in popularity of multichannel retailing by growing online sales by 127 per cent during the Christmas trading period. Click and collect orders placed over its mobile platform also rose impressively, putting the retailer in a positive position when facing the seasonal dip in consumer footfall in January.

Mountain Warehouse, which specialises in own brand walking, camping and cycling essentials, has now revealed plans to open between 25 and 30 stores this year due to high consumer demand throughout 2013.

Chief Executive Officer Mark Neale says; “Our outstanding Christmas performance caps an excellent 2013 for the business.

“During the year, we opened 20 new stores and significantly expanded our online operations.

“Our success, in a difficult retail environment, is testament to the hard work of our staff and the quality and value of the products we offer consumers.”

As expected, the damp conditions leading up to Christmas Day saw a rise in the sale of waterproof jackets and wellington boots – in fact, the brand claims it sold a waterproof jacket every five seconds in the six week period. Wellington boots, meanwhile, saw like for like sales more than double on a year on year basis, proving that a white Christmas is not entirely necessary for retailers looking to turn a profit in the festive period.

Do you think that the tourism boom currently underway in the UK has contributed to the rising profits of outdoor chains such as Mountain Warehouse, or are domestic sales the larger factor?




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants