High street retailers vouch for Love2shop!

Leading fashion chains, Principles and Warehouse, are the latest high street retailers to cash in on UK businesses' need to reward and incentivise their workforces.

The fashion outlets are the latest in a flurry of national retailers to sign up to Love2shop ? The High Street Gift Voucher, which by becoming a redeemer for the flexible multi-option gift voucher, can increase brand awareness among consumers and help to boost stores' sales.

Love2shop vouchers are utilised in a variety of ways by employers, for instance they are given to employees as a cost-effective reward or incentive or offered as an alternative to a cash bonus to name but two.

"Principles and Warehouse are the latest retailers to accept the Love2shop voucher of which, across all markets, over £250m was sold last year. With more big names to follow shortly this shows that Love2shop ? The High Street Gift Voucher will reinforce it's position of being the UK's most popular multi option gift voucher" says Chris Hartley, business development director at Love2Reward.

"The interest from retailers to take the vouchers has increased dramatically since this time last year. There are another three national brands about to come on board."

Chris puts the popularity of the vouchers down to the competitive nature of the high street and as a result, retailers' need to provide a comprehensive service to the consumer. The incremental and additional spend that the vouchers can bring retailers has also been another key factor to their success.

The vouchers have also recently undergone a revamp, with an attractive new design and additional security features.

75 retailers and 19,000 stores nationwide accept Love2shop vouchers, with names including Boots, Woolworths, River Island, Comet, HMV, JJB, Homebase, Virgin Megastores, WH Smith, American Golf and Waterstones.

NOTES TO EDITORS:

Park Retail is one of three distinct divisions of Park Group plc, which is among the UK's premier specialist providers of financial services.

Through its Retail Division, the Birkenhead-based business has grown into one of the UK's leading providers of gift vouchers to the high street and corporate reward and incentive markets. This division also operates Park Travel, a full-service and independent travel agency.

Park Group Plc was founded in 1967 as a supplier of Christmas hampers and still provides these via its Park Christmas Savings and Country Christmas Savings brands.

Park Financial Services provide a wide range of sub-prime financial services under various brands.

Chris Houghton is Group Managing Director and Peter Johnson Executive Chairman of a growing business that employs more than 580 staff.

Media Contacts: Robbie Davies on 0151 653 1864 or email robert.davies@love2reward.co.uk