Crafting retailer Hobycraft has revealed it plans to open seven new stores across the UK by the end of 2023. 

Hobbycraft already has 100 stores in the UK including in Oxford, Edinburgh, Bath, Cardiff and Nottingham.

But the UK craft retailer said it will open seven new ones by the end of the year after stronger demand for arts and crafts boosted sales over the past six months. 

The company recorded an acceleration in sales growth, as demand for arts and crafts products has risen as consumers have come under pressure from rising household costs.

Hobbycraft said total sales grew by 8.9% over the 26 weeks to August and the interest was increasing both online and in-store.

On Wednesday (September 27), Hobbycraft also revealed its financial results for the year to February 19 which saw sales rise by 3.9% to £211.1 million compared with the previous year.

Hobbycraft aiming to be "main destination for crafting"

Chief executive officer of Hobbycraft, Dominic Jordan, said: “While the macroeconomic market challenges persist, we continue to deliver on our strategy and drive sustainable growth.

“This includes driving further improvements in our product ranges to satisfy the needs of craft enthusiasts and stay ahead of the competition.

“We are also accelerating the growth of our own-brand range which will see us bring further product innovation, value and inspiration, supported by our growing social media presence and additional new stores.

“Our strategy to become the main destination for crafting inspiration will be driven by our colleagues as we showcase their incredible knowledge and passion for crafting.”

The location of the seven new Hobbycraft stores is yet to be announced.