THIS month, British retailer Toolstation is celebrating a significant milestone – opening its 400th branch on the Zennor Road Trade Park in Balham.
Part of the Travis Perkins plc Group, Toolstation supplies tools, accessories and building supplies to the trade nationwide. The launch event is on Friday, 24 January, from 11am to 2pm.
The 400th branch opening is a significant milestone for the business and follows a period of sustained growth that is set to continue into 2020. The business has enjoyed 10 consecutive quarters of double-digit growth. Most recently, Q3 trading results showed growth of 21.3% and 15.4% on a like-for-like basis.
On the day, the team from the popular On the Tools social media platform will be in attendance. They will be checking out products, interviewing staff and live streaming the event to their audience of 3.5m from 12.15pm. They will be running a variety of games giving customers a chance to win power tools, pressure washers and a lawn mower.
Rugby fans will be able to try their luck at the Toolstation rugby kick and pass challenge, to be in with a chance of winning a Dewalt Combi drill.
Trade brands Trend and Everbuild will be in attendance showcasing their products and will be on hand to talk to customers.
The first 400 customers can pick up a free Greggs sausage roll and soft drink in-branch or available for collection from the near-by Greggs bakery. Free hot drinks are also available at the Balham Toolstation branch.
To celebrate, there will be a 10% discount off everything in-store, from Thursday, 23 January to Sunday, 26 January.
At 12.30pm on Friday, Toolstation Managing Director James MacKenzie and Marketing Director John Meaden will be cutting a ribbon to celebrate the 400th store opening, as well cutting a celebratory cake with customers and staff.
The Balham branch is the 400th nationwide and the 64th in London. The Balham branch employs seven people permanently. The ambition is to double the number of stores in the capital in the coming years. In 2019, Toolstation opened 67 new branches nationally, creating 800 new jobs. In London, nine new branches opened and 67 jobs were created last year. This growth shows no sign of slowing down with a similar number of new branches planned this year.
James MacKenzie, Managing Director, commented: “Toolstation is one of the fastest growing retailers in the UK. As well as having market leading products at great prices, we make it easy for our busy trade customers to buy online and pick up from store. The 400th Store in Balham has free parking and complements the other 63 stores in London, which means a Toolstation is never far away.”