Musicroom celebrates sales growth
Musicroom achieved significant sales growth in the year to June 2012 as the music retailer signed a number of new partnership deals which enabled it to secure better prices and exclusive deals from key suppliers.
Despite a tough economic climate, Musicroom ended its financial in positive territory for like-for-like growth, reporting overall growth at 2.3%.
Data also revealed that all of Musicroom’s major instrument categories showed growth, with the Guitar and Drum category up by 12.6% (10.1% LFL) and Keyboard and Piano up by 10.5% (6.8% LFL). The Ukulele category continued to benefit from a popularity boom, with growth up 36.8% (33.9% LFL).
The company said it enjoyed a record-breaking Christmas, posting its largest ever single month’s sales. Growth was achieved through a range of new partnership deals, which enabled Musicroom to secure better prices and exclusive deals from key suppliers.
Simon Pollard at Musicroom said: “This fiscal year benefited from early investment in defining our store’s brand offering. We have made every effort to place emphasis on the enthusiastic specialist help provided in our stores nationwide and make our offering as accessible as possible.”
