The car parts and bicycle retailer is looking at HobbyCraft as a potential acquisition to complement its existing business, according to the and The .
HobbyCraft is also said to be looking to quadruple its store base. With just 45 outlets, it is looking at a target of 180 stores.
In the year to 22 February 2009, HobbyCraft's sales increased to £68.7m, up 10.6% compared with the previous year. Pre-tax profit was up 67%, from £3.2m to £5.4m.
The family-owned business stocks more than 35,000 arts and crafts products, including kits for jewellery-making and sewing, and says it caters for more than 250 different craft activities.
HobbyCraft secured its last year, as well as .