Launch event success for Toolstation as they celebrate 400th branch opening in Balham
Posted by: electime 27th January 2020
On Friday 24th January, British retailer Toolstation celebrated a significant milestone – opening its 400th branch on the Zennor Trade Park in Balham. Part of the Travis Perkins plc Group, Toolstation supplies tools, accessories and building supplies to the trade nationwide.
The 400th branch opening was a significant milestone for the business and follows a period of sustained growth that is set to continue into 2020. The business has enjoyed ten consecutive quarters of double-digit growth. Most recent 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 drew in thousands of online followers with a live stream giveaway, resulting in a variety of winners taking home power tools, pressure washers and a lawn mower.
Trade brands, Trend and Everbuild were in attendance showcasing their products and were on hand to talk to customers.
400 Greggs sausage rolls and doughnuts were also given away in branch!
To celebrate, there was a 10% discount off everything in-store, from Thursday 23rd January to Sunday 26thJanuary.
At 12.30pm on Friday, Toolstation Managing Director James MacKenzie and Marketing Director John Meaden cut 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 complements the other 63 stores in London, which means a Toolstation is never far away.”
Toolstation stores are open seven days a week and 7am-8pm Monday to Friday. 7am -7pm on Saturday and 9am – 5pm on Sunday. Toolstation Balham, units 1 & 2, Zennor Trade Park, Zennor Rd, Balham, London, SW12 0PS.
