// Boohoo Group to open a new warehouse in Daventry, Northamptonshire – the same site as Arcadia Group’s old warehouse
// It will be its 4th warehouse after Burnley, Sheffield and Wellingborough
// The site is expected to secure up to 500 jobs and in the future create up to a further 1000 jobs
Boohoo Group has exchanged contracts and agreed a long-term lease to open a new warehouse that became available on the collapse of Sir Philip Green’s Arcadia Group.
Earlier reports suggested that JD Sports had been in exclusive talks to acquire the warehouse, located in Daventry, Northamptonshire, but it now appears that Boohoo Group beat them in the race.
Amazon and Ebay had also reportedly expressed an interest in buying the warehouse.
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The facility, due to become operational in the second quarter of the online retail giant’s financial year, would become Boohoo Group’s fourth warehouse.
This site will aim support Boohoo Group’s expansion and adds capacity in addition to its existing warehouses in Burnley, Sheffield and Wellingborough.
Together, these sites are expected give the Boohoo Group net sales capacity in excess of £4 billion.
The new Daventry warehouse is also scalable, with the online retailer expecting to invest over £50 million in the coming years, increasing capacity and operational flexibility as it grows.
The site is expected to secure up to 500 jobs and in the future create up to a further 1000 jobs as capacity increases.
The new warehouse announcement comes after Boohoo Group unveiled plans to work with its “compliant” UK manufacturers in an update on its supply chain review, which was prompted after it was embroiled in modern slavery allegations last year.
The warehouse was initially thought to become JD Sports’ consolation prize after its unsuccessful bid for Arcadia Group’s Topshop and Topman – which were sold to Asos instead.