A fast-growing online flooring retailer is investing over £1m in the opening of nine new brick and mortar stores across the UK in 2018.
Connection Retail has already opened four stores this year – in Newport, Swindon, Edinburgh and Keighley - with further openings planned in Birmingham, Croydon, Crewe, York and Leeds.
This will mean that in the space of a just over a year, the North-East company will have increased its number of physical stores by more than 130%. The first opened in Gateshead in February 2017, with five more following throughout the rest of last year.
This represents an investment of well over £1m and the creation of dozens of new jobs. And the rapid growth is set to see the company’s annual turnover rise from £24m to £35m in 2019.
The new stores opening in 2018 will all sell products from the company’s three brands, Flooring Superstore, Direct Wood Flooring and Grass Direct.
Managing Director Dan Foskett said: “This year represents a significant expansion of our retail flooring business as we open new stores across England, Wales and Scotland.
“It’s an exciting time for the business as we shift from being purely e-commerce to building our physical presence throughout 2018 and beyond and becoming a leading player in the retail flooring industry.”
Main Information
Rapid growth for Connection Retail
Published on 11/05/2018
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