Thursday, July 16, 2020

Sales up 28 per cent at Leicestershire online flooring retailer

An East Midlands-based national online flooring retailer grew sales by 28 per cent in 2019 as it continued to expand its market share in the sector.

UK Flooring Direct, which is based in Hinckley and has a team of over 100 people, saw sales rise on products including wood and laminate during a year that was “tough” for the retail sector.

The company sold 1.8 million square metres of flooring throughout 2019, almost enough to cover the Wembley Stadium pitch 250 times.

Jason Ashby, Chief Executive of UK Flooring Direct, founded the firm in 2005 and it is now on course to hit £50 million worth of annual sales.

Jason said: “We had another strong year against a backdrop of difficult conditions for traditional retailers and with consumer confidence slightly down because of a range of factors that led to economic uncertainty.

“We recognised from day one that customer shopping habits are changing and they want to be able to access the information they want anytime, anywhere and that is what digital allows you to do.

“Understanding what the customer wants is vital to successful retail and we continue to do everything we can to provide great products and great service. These are big ticket items for our customers so we have to get it right.

“We are delighted to achieve 28 per cent growth in 2019 and it is testament to the great team we have built here that we continue to increase our market share in the sector.

“It marks 100 per cent growth over the past three years which has been a really important period for the business. We moved to our new headquarters in Hinckley, have been developing the team and continuously investing in technology.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Rutland retail distributor lands seven-figure finance facility

A distributor of outdoor and country clothing to retailers across the UK and Europe, has secured a seven-figure finance facility from HSBC UK to...

Property consultancy wins contract on one of the largest ever strategic water infrastructure projects

An East Midlands property consultancy has won a contract to act as land agents on one of the largest strategic water infrastructure projects the...

New Northamptonshire office for top 40 UK accounting firm

Streets Chartered Accountants, a top 40 UK accounting firm, has opened a new Northamptonshire office at the recently opened Enterprise Centre East Northants (ECEN). The...

Grimsby Future High Streets Fund bid approved for submission

Councillors have approved the submission of a major bid to Government for £25m of funding to help regenerate Grimsby town centre. The proposals have been...

Streets provide further details on Chancellor’s key announcements

Following the Chancellor’s Economic Statement last week, Streets Chartered Accountants has released a special update providing further details on the key announcements made. In particular,...

Related news

Adzooma extends free access to its platform indefinitely

Nottingham-based digital and technology platform provider, Adzooma, will be offering free access to its entire platform for all businesses. Adzooma had previously opened up free...

Rutland retail distributor lands seven-figure finance facility

A distributor of outdoor and country clothing to retailers across the UK and Europe, has secured a seven-figure finance facility from HSBC UK to...

Property consultancy wins contract on one of the largest ever strategic water infrastructure projects

An East Midlands property consultancy has won a contract to act as land agents on one of the largest strategic water infrastructure projects the...

New Northamptonshire office for top 40 UK accounting firm

Streets Chartered Accountants, a top 40 UK accounting firm, has opened a new Northamptonshire office at the recently opened Enterprise Centre East Northants (ECEN). The...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close