DIY retailer Homebase has extended its partnership with logistics solutions provider Unipart for a further 12 years in a move that is set to create 200 new jobs over the next five years.
The partnership stands out due to its length, as similar contracts usually span three to five years, but the strong union formed by the companies over the last nine years has resulted in the long-term agreement.
Some 430,000 sq ft of warehousing space at Unipart’s Cowley distribution centre will be used as part of the collaboration, but the site will be further developed over the next 12 months as £2.2 million is invested in increasing the site’s capacity.
Nigel Basey, Head of Distribution for Homebase, said: “When we started working with Unipart we were looking for a logistics supplier, but over time that has become a true partnership.
“The team at Cowley care as passionately as we do about getting things right first time for our customers and they work hard to understand what we are trying to achieve and deliver that creatively.
“Whilst a contract of this length is almost unique in the retail sector we are confident that it will produce an exciting and productive extension to a partnership which is already exceptionally successful.”
Unipart’s Cowley site was constructed in 2005 and processes imported goods, as well as providing nationwide warehousing and distribution services for many Homebase products.
A recent report from property consultancy King Sturge would suggest that the DIY specialist is just one of many retailers looking to strengthen its supply chain network this year.
The Property Industry Predictions publication revealed that retailers accounted for 74 per cent of floorspace taken up in new large-size logistics units in 2010, with industry demand for this space likely to continue throughout 2011.