// Menkind acquires Hawkin’s Bazaar and Stocking Fillers for an undisclosed sum
// Customers will now be able to choose from a larger range
// The acquisition includes the retailers’ websites, customer data and stock
Menkind has acquired Hawkin’s Bazaar and Stocking Fillers for an undisclosed sum, in an effort to boost its position in the gifts and gadgets market.
The retailer said customers will now be able to choose from a larger range as well as a more seamless customer experience.
The acquisition includes the retailers’ websites, customer data and stock.
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Menkind opened its first shop in 2002 and now sells from more than 60 sites including permanent and pop-up stores, of which nine opened in 2021.
Hawkin’s Bazaar was founded in 1973, selling toys and gifts in-store and online. The retailer went into administration in 2020, with 20 shops closing as a result and was subsequently bought by H Grossman.
Stocking Fillers was set up in 2007 and was also owned by H Grossman, part of the Tobar International group.
Shoppers will be able to buy through the two companies’ websites for the time being, but in time they will redirect to the Menkind site.
“We are proud to continue the growth of our business through the acquisitions of these great brands,” Menkind chief executive, Paul Kraftman said.
“Reflecting back to 10 years ago, we were among the three main independent gifting retailers alongside Red5 and Hawkin, and thanks to our dedicated team and expertise we’ve gone from strength to strength, enabling us to acquire these businesses and offer an unrivalled proposition to our customers.”
Hawkin’s Bazaar chief executive, David Mordecai said: “We are delighted to have been acquired by Menkind.
“They are market leaders in the gifting industry and bring a world of experience which makes it truly exciting for this deal to take place.”