Hazelwoods Retail
Hazelwoods has been in the gift shop business since 1976 when Rich Hazelwood opened his first shop in Phoenix, AZ. During this expansive and successful time, we launched more than 100 stores and operated them across the country. In the spring of 70 of the 75 properties were sold to WH Smith. We continued to operate a small number of shops while expanding into other businesses. In the second quarter of 2004, when our non-compete clause expired, we once again started doing what Rich loves to do: fluidly operate hotel and resort gift shops. As many hotels have discovered, operating a gift shop in-house can be an overwhelming undertaking. There are so many expectations and requirements such as, expenses, expertly-trained retail staffs, store fixtures, and inventory challenges. Those that are not so evident are human resources, employee training, employee development, banking and accounting details, credit card fees, depreciation, insurance, point-of-sale software & equipment and theft, to name only a few. Our track record shows we will run sales increases between 59% and 125% above self-operated or “Mom & Pop” stores who have very limited buying power or the ability to move slower-selling merchandise to a different location. That translates into a positive impact on your bottom line. Our flexible contracts include regular base rent and percentage payments so that Hazelwoods and our client share in the upside sales potential of the store, without hidden costs and challenges. To learn more about Hazelwoods, or to partner with us, please visit Hazelwoods.com.
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