The Early Learning Centre (ELC) is a British retailer that sells toys aimed at younger children. It is part of
The Entertainer (through its
parent company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
TEAL Group Holdings). It was a subsidiary of
Mothercare
Mothercare plc is a British retailer which specialises in products for expectant mothers and in general merchandise for children up to eight years of age. It is listed on the London Stock Exchange and is a constituent of the FTSE SmallCap In ...
until 2019.
History
The original shop opened in 1974 in London Street,
Reading, Berkshire
Reading ( ) is a town and borough in Berkshire, Southeast England, southeast England. Located in the Thames Valley at the confluence of the rivers River Thames, Thames and River Kennet, Kennet, the Great Western Main Line railway and the M4 mot ...
. The business was started by David John Beale. The mail order department was in the basement. John employed the services of a child psychologist to ensure that the toys and books were of a positive and educational value to children.
The clever and unique concept was for parents to join as a member, new sets of educational toys/books were then sent to them regularly. If they decided to keep the items, they would pay via their account. If they returned the items, they would not be charged.
It proved very successful and within a year, much larger premises in Silver Street Reading were obtained. John's partner was an accountant named David so Beal used his middle name to avoid confusion.
Originally set up as a mail order company in 1974 and based near Swindon, by 1980, it had ten shops, and has since grown to 215 shops in the United Kingdom, and over 80 in 19 other countries including Qatar, the United Arab Emirates, Canada and Australia. In addition, their toys are available in some stores of
Boots
A boot is a type of footwear.
Boot or Boots may also refer to:
Businesses
* Boot Inn, Chester, Cheshire, England
* Boots (company), a high-street pharmacy chain and manufacturer of pharmaceuticals in the United Kingdom
* The Boot, Cromer Stre ...
and
Sainsbury's
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a 14.6% share of UK supermarket sales.
Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company wa ...
.
Since 2001, the company sells via their website. In the 1980s, ELC opened a number of "nursery stores", which sold equipment such as pushchairs and cots. Until 1991, the chain had stores in the United States; contrary to standard
American English
American English, sometimes called United States English or U.S. English, is the set of variety (linguistics), varieties of the English language native to the United States. English is the Languages of the United States, most widely spoken lan ...
, the
British spelling
Despite the various English dialects spoken from country to country and within different regions of the same country, there are only slight regional variations in English orthography, the two most notable variations being British and American ...
"centre" (spelled "center" in American English) was preserved in these. Over 80% of products sold are own brand, being designed at a research centre in Hong Kong.
Takeovers
In May 1985,
John Menzies
John Menzies plc ( , ) is the holding company of Menzies Aviation plc, an aviation services business providing ground handling, cargo handling, cargo forwarding and into-plane (ITP) fuelling, based in Edinburgh, Scotland.
History
The compa ...
rescued ELC. Sales struggled in the end of the 1990s.
After some years, the company's board of directors led by Mike France, bought the company back in October 2001 for £30 million, being backed by
3i, before selling it to Tim Waterstone (who founded
Waterstones
Waterstones, formerly Waterstone's, is a British book retailer that operates 311 shops, mainly in the United Kingdom and also other nearby countries. As of February 2014, it employs around 3,500 staff in the UK and Europe. An average-sized Wa ...
bookstores) under the name Eagle Retail Investments, for £62 million in April 2004, and he joined it with his ''Daisy & Tom'' chain of shops within the "Chelsea Stores Group".
In June 2007, ELC was purchased by
Mothercare
Mothercare plc is a British retailer which specialises in products for expectant mothers and in general merchandise for children up to eight years of age. It is listed on the London Stock Exchange and is a constituent of the FTSE SmallCap In ...
for £85 million, from Chelsea Stores Holdings. Mothercare has continued to expand the high street presence of ELC by opening additional stores; mainly as concessions within over one hundred stores of Mothercare.
On 12 March 2019, it was announced that ELC would be purchased by
The Entertainer for £13.5M,
formally throug
TEAL Group Holdings
References
External links
Official website
{{Authority control
Retail companies of the United Kingdom
Companies based in Wiltshire
British companies established in 1972
Retail companies established in 1972
Early childhood education in the United Kingdom
Early childhood educational organizations
Educational toy retailers
Toy companies of the United Kingdom
3i Group companies
1972 establishments in England