Dave Forsey Chief Executive 19 July 2012 - Sports Direct International
Dave Forsey Chief Executive 19 July 2012 - Sports Direct International
Dave Forsey Chief Executive 19 July 2012 - Sports Direct International
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6 / GROUp OVERVIEW<br />
operational highlights<br />
Continued improvement of the UK store portfolio<br />
Our store portfolio remains constantly under review with the performance of each store and ways of<br />
maximising performance being regularly examined. This is why we have closed 78 stores since 2008 as our<br />
portfolio continues to evolve. We increased our period end square footage to c.3.9m sq. ft (2011: c.3.8m).<br />
During the year we refurbished 21 stores and relocated eight stores, constantly improving the store<br />
appearance and providing a fresh and exciting retail environment.<br />
During the Year, we upgraded our Carnaby Street store to provide a flagship Soccer Scene experience in<br />
Central London.<br />
Continued growth of UK online sales<br />
Online revenue has increased by 81.8% from £95.7m to £174.0m in the Year and represented 11.6% of<br />
total <strong>Sports</strong> Retail sales (2011: 7.0%).<br />
We remain focused on developing this revenue stream further. Order fulfilment and information<br />
technology solutions are developed in-house with full back-up support from our National Distribution<br />
Centre resources in Shirebrook, Derbyshire.<br />
The website has benefited from the increased recognition of the online brand with 351 of UK store<br />
fascias now branded SPORTSDIRECT.com.