expands UK warehouse space to “grow business sustainably”

Furniture retailer has seen its first half losses narrow after revenue climbed by 61% to £171 million.
“I am very pleased with the progress made in the first half of the year." : CEO.
// to expand UK warehouse logistics operations
// The extension is part of a long-term strategy to grow sustainably
// will house additional stock, reducing time between customer order and fulfilment has announced it will expand its UK warehouse logistics operations with the development of an additional 350,000sq ft warehouse at DP World’s London Gateway Logistics Park in Tilbury.

The extension of its UK warehousing facility is part of its long-term strategy to grow sustainably by investing in customer experience as it scales across the UK and Europe.

The expanded warehousing facility will enable to house additional stock, further reducing the time between customer order and fulfilment.

READ MORE: hires advisers for a £1bn stock market listing

The facility is expected to create up to 100 new jobs across warehouse operative and administrative roles.

The proprietary warehouse at London Gateway will support’s innovative, data-led “just in time” supply chain, which is vertically integrated across all functions and processes, covering the entire product lifecycle from design development and sourcing through to global shipping, warehousing and home delivery.

The retailer’s current furniture warehouse at the Tilbury site measures 225,000sq ft, handles approximately 750,000 units per year and has an average SKU range of 2300.

The new warehouse will be delivered in two phases, with the first phase completed this summer, and the second completed in April 2022.

“We are thrilled to expand our warehousing operations at London Gateway as we respond to continued growth in customer demand for our exclusive designs,” chief operating officer Nicola Thompson said.

“Combined with our innovative ‘just in time’ supply chain model, this expansion of our warehousing facility in Tilbury is an exciting step towards achieving our long-term strategy to grow the business sustainably, as we continue to invest in operational efficiency and become the design destination for digital natives.”

In February, was reportedly closing in on a London stock market listing worth up to £1 billion after picking a trio of investment banks to advise on its flotation, according to Sky News. has declined to comment.

Shareholders in the business include Level Equity, Partech Ventures and individual investors such as Hoberman.

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