Health and Beauty

Bodycare Grahams

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Sales rise at Bodycare as profits take a hit

The retail group behind discount health and beauty chain Bodycare has increased sales past £135m but been hit by a small drop in pre-tax profits, primarily due to the increase in the National Minimum Wage.

GR & MM Blackledge was founded in 1970 by owners Graham and Margaret Blackledge on a market stall in Skelmersdale.

It now employs more than 1,500 staff and trades as Bodycare from 133 sites.

For the year to 31 December 2017, GR & MM Blackledge reported turnover of £136m compared to £134m the previous 12 months. This was "largely due" to the increase in store numbers from 131 to 133, with one closing and three opening.

Pre-tax profits were down from £4.02m to £2.74m, the main reason for this being the increase in National Minimum Wage rates on 1 October 2016 and 1 April 2017.

Directors said they were satisfied with the performance.

Looking ahead, the company intends to "continue with a store opening programme, the pace of which will be dependent upon suitable new sites being identified". It will also look to make further progress with its ongoing programme of store refurbishments.