B&Q opens its new Colchester store at Stane Park Colchester is B&Q’s first purpose-built digital store as the brand commits to e-commerce growth The Mayor declares the store officially open with ribbon cutting ceremony B&Q’s new Colchester store was declared officially open today with a formal cutting of the ribbon
Hartlepool-based Stadium Group plc, a supplier of wireless solutions, power supplies and electronic assemblies, has acquired Essex-based Cable Power Ltd for a fee of £750k. For the year ended 31 December 2016, the Colchester manufacturer and distributor of bespoke cable and power products recorded sales of circa £0.7m and profit
B&Q opens its new Colchester store at Stane Park Colchester is B&Q’s first purpose-built digital store as the brand commits to e-commerce growth The Mayor declares the store officially open with ribbon cutting ceremony B&Q’s new Colchester store was declared officially open today with a formal cutting of the ribbon by the Mayor of Colchester, Councillor Robert Davidson. Relocated from B&Q Lightship Way to Stane Park’s brand-new retail park, B&Q is the first to open at the new development. This latest opening is one of the largest B&Q stores to open in the last decade. It combines instore shopping missions with digital fulfilment, fully representing B&Q’s commitment to grow e-commerce with stores at the centre. Caroline Voutsinas, B&Q Stane Park, Store Manager, said: “DIY has really captured the imagination of the nation over the past 18-months, so our new and improved B&Q in Colchester is very timely, giving Colchester DIY-ers and tradespeople a much improved store experience with plenty of exciting new features to make home improvement easier than ever. I cannot wait to welcome the local community into the store.” The new store offers a huge range of products for all home improvement needs, as well as: A purpose-built garden centre with a dedicated garden showroom A convenient and expert led tool hire option from Speedy Services, the UK’s leading tool & equipment hire company A brand-new showroom featuring the latest kitchens, bathrooms and bedrooms in interactive, inspirational displays A dedicated load and go area for TradePoint customers to support bulk orders and easy access A brand new ‘shop in a shop’ for workwear, a first for B&Q A digital hub to support store to home delivery Services including paint mixing and Click + Collect via diy.com The new store is open 7 days a week: Monday-Saturday 7am-8pm, and on Sunday 11am-4pm. B&Q Lightship Way closed its doors on 21 October. B&Q is continuing to encourage customers to wear face coverings and has maintained social distancing measures to help customers shop safely. For more information, including inspirational ideas and practical advice on home improvement, visit DIY.com
Hartlepool-based Stadium Group plc, a supplier of wireless solutions, power supplies and electronic assemblies, has acquired Essex-based Cable Power Ltd for a fee of £750k. For the year ended 31 December 2016, the Colchester manufacturer and distributor of bespoke cable and power products recorded sales of circa £0.7m and profit before interest and tax of circa £0.1m. Cable Power’s customers include RS Components, Rapid Electronics, Farnell, CPC and Raspberry Pi, with whom it has exclusivity for several accessories, including HDMI cables, power connectors and other accessory bundles. The business will join Stadium’s Power division, Stadium Stontronics, which announced in March 2016 that it had become the only approved external power supply manufacturer for the Raspberry Pi 3. Charlie Peppiatt, Chief Executive Officer, explained: “The acquisition of Cable Power brings complementary bolt-on products to our portfolio that enhance our overall offering, primarily in the power products space. “There is a great deal of synergy between the product ranges of our power division, Stadium Stontronics, and Cable Power, and we already work closely with many of the same customers. “Bringing together the expertise of Cable Power and Stontronics places Stadium in a unique position to offer a highly compelling exclusively approved ‘one-stop-shop’ solution for the Single Board Computer sector.“ Stadium Group preliminary results for the year ended 31 December 2016 will be announced on Tuesday, 14 March 2017. Interested in this topic? Read more at BDaily.
