Robert Dyas

What is Robert Dyas history

By Robert Dyas Virtual Assistant | Updated 11 Jan 2019 | Created 18 Dec 2018


Robert Dyas first ironmongery store was opened by Robert Dyas, in the City of London, in 1872.

In 1994 a new appointed management made considerable progress in reformatting the stores and in improving supply chain management. Roger Pedder became the Robert Dyas retailer's chairman, in 1997. In the same year a fire obliterated Robert Dyas distribution centre and head offices just before Christmas.

Robert Dyas increased number of stores to 67, in 1998. Brent Wilkinson was the chief executive of Robert Dyas in 2000. In the ensuing year, 2001 Robert Dyas profits were £1.8m.

M&S chairman Luc Vandevelde's private equity vehicle, Change Capital Partners team offered £60m for Robert Dyas in 2003. In the same year, Robert Dyas company was up for sale. Robert Dyas hired Guerilla Communications to develop the branding for its six new stores in the South-East in 2003.

In the year after, 2004 Former Somerfield boss Alan Smith became chief executive of Dyas. In 2004 in March, Robert Dyas was bought by Change Capital Partners. Robert Dyas employed 1,027 staff members and had an annual profit growth of 52.25%, in the next year, 2005.

The company had eighty stores spread across southeast England in 2005. In 2008 in April, the former Kingfisher and MFI director, Steven Round was appointed ceo of Robert Dyas. Robert Dyas hired 3 Monkeys for PR support in the run-up to the Christmas trading period, in the same year.

In 2009 Robert Dyas had debts of £30m. Management buyout was close to completion at Robert Dyas in the same year. In 2009 Robert Dyas paid its private equity owners a total of £2.75m in fees for strategic advice.

In the same year Robert Dyas homeware store in Westgate Street was closed. In 2010 Robert Dyas launched what was believed to be the first ever high street light bulb recycling service. A new PoS system was rolled out at Robert Dyas, the net tickIT solution from Pierhouse in the same year.

The7stars was appointed by Robert Dyas to handle its media planning and buying account, in 2010. Robert Dyas joined Twitter in the same year. In 2011 Robert Dyas appointed former Makro managing director Stephen McVey as chief executive officer.

In the same year, Robert Dyas confirmed that ceo Steven Round had left the business. In 2011, Robert Dyas opened its 100th store in November. In the same year Anabas extended its facilities contract with Robert Dyas for a further 12 months. Delivering window cleaning, floor maintenance, mechanical & electrical maintenance and helpdesk.

Robert Dyas store closed in Boscombe in 2012. Robert Dyas joined YouTube in the same year. A former Dragons’ Den investor, Theo Paphitis, bought Robert Dyas, in a deal worth around £10 million in 2012.

In the same year the general merchandise retailer Wilkinson withdrew from the bidding for the hardware chain Robert Dyas, which was valued at £15m. In 2013, Robert Dyas become a partner of Comic Relief, raising money for its cause. Sales rose by 5.2%, helped by purchases of small electrical goods in the same year.

In 2013, Retail Week reported that profits had rocketed at Robert Dyas. Some straightforward operational changes helped put the company on a route to growth, with focus on logistics in the same year. In 2013, the housewares and hardware chain Robert Dyas launched its Summer 2013 catalogue.

In the following year, 2014, Theo Paphitis opened a new Robert Dyas store in Enfield. In 2014 Robert Dyas launched a £1m ad campaign for Christmas. In the same year, Robert Dyas relocated its warehouse, distribution and e-commerce fulfilment to a new facility, on the Maylands Business Park, Hemel Hempstead.

In 2014 the website received a complete relaunch on the Magento Enterprise platform. Robert Dyas shop in White Hart street, Wycombe closed down in the same year. Robert Dyas launched an advert titled ‘We’re Robert Dyas and we’re gay. And straight. And bi…’, in 2015.

The #SBS Event 2016 – Small Business Sunday was sponsored by Robert Dyas, in the ensuing year, 2016. Theo Paphitis Retail Group appointed Penguins Events to deliver the annual conference for Robert Dyas in 2016. Robert Dyas produced growth and an increased EBITDA of £2.4m (2016 :£1.5m) in the same year.

In 2017, Theo Paphitis Group had to adjust its business plan to accommodate changes in shoppers' habits and the fall in the pound. In the same year Robert Dyas showed promising Christmas sales results. The company had 94 stores, ranging from 1,250 to 9,000 square feet (116 to 836 square meters) and operates online and in the South of England, in 2018.

The company's YouTube account had 3,036,677 views, in the same year.

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