Selfridges

Manhattan has Macy's; London has Selfridges. With 540,000 sq. ft. of selling space, the flagship Selfridges & Co. department store is still one of the biggest stores in the world and one of the top shops on London's posh Oxford Street. Selfridges also runs two smaller department stores in Manchester and a fourth location in Birmingham. The upmarket retailer sells a wide selection of brand-name fashion apparel, accessories, and housewares, but it aims to entertain as well with 15 in-store bars, cafés, and restaurants and a nearby 250-room, four-star hotel. Founded in 1909 by Gordon Selfridge -- an American -- Selfridges is owned by the Canadian billionaire W. Galen Weston (chairman of George Weston).

Company Growth (employees)

Type

Private

London, GB

Founded

1909

Size (employees)

6,031 (est)

Website

selfridges.com

Selfridges was founded in 1909 and is headquartered in London, GB

Key People at Selfridges

Paul Kelly

Group Managing Director

Willard Gordon Galen Weston

Chairman and President

Sue West

Director of Operations

Anne Pitcher

Managing Director of Selfridges UK

Selfridges Office Locations

Selfridges has offices in London, Birmingham, Manchester and Stretford

London, GB (HQ)

400 Oxford St

Stretford, GB

1 The Dome, The Trafford Centre

Manchester, GB

1 Exchange St

Birmingham, GB

Upper Mall East

Selfridges Data and Metrics

Summary Metrics

Founding Date	1909

Selfridges Financial Metrics

Selfridges's revenue was reported to be £587.2 m in FY, 2016 which is a 4% increase from the previous period.

Summary

GBP

Income Statement

GBP	FY, 2014	FY, 2015	FY, 2016
Revenue	530 m	565.6 m	587.2 m
Revenue growth, %		7%	4%
Cost of goods sold	206.3 m	227.2 m	237.7 m
Gross profit	323.7 m	338.4 m	349.5 m
Gross profit Margin, %	61%	60%	60%
Operating expense total	235.9 m	248 m	255.8 m
Pre tax profit	94.2 m	97.6 m	94.3 m
Net Income	71.5 m	73 m	76.6 m

Balance Sheet

GBP	FY, 2014	FY, 2015	FY, 2016
Cash	79.9 m	49.1 m	79.1 m
Accounts Receivable	25.8 m	34.8 m	31.7 m
Current Assets	249.5 m	247.3 m	290.4 m
PP&E	191.8 m	201.5 m	213.7 m
Goodwill		10.3 m	15.9 m
Total Assets	441.3 m	459.1 m	520 m
Accounts Payable	63.7 m	64 m	65.2 m
Current Liabilities	155.9 m	133.9 m	152.5 m
Retained Earnings	28.1 m	40.7 m	48.4 m
Total Equity	233.4 m	268.3 m	340.8 m
Financial Leverage	1.9 x	1.7 x	1.5 x