News: The Works opens in Rotherham town centre

The retailer stocks books, toys, gifts, stationery and arts & crafts at discount prices, and sell over one million products every week to consumers looking for a bargain.
The opening is part of the ambitious West Midlands company's goal of operating 1,000 UK stores and with target of 50 new stores a year, Rotherham was one of 750 potential market towns identified for a new store.
Retail Week reports that Leeds-based private equity house Endless, which owns The Works, plans to sell the retailer next year with a price tag of £80m, after a significant turnaround since falling into administration in January 2008.
The bookseller is understood to have generated EBITDA (income) of £10m in the year to April 30. Latest accounts filed at Companies House show The Works recorded total sales of £88.8m in the year to April 25, 2009.
The Works website
Retail Week article
Images: theworks.co.uk
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