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Homes and gardens firm opens new purpose-built headquarters.

A MID Wales home, garden and great outdoors retail and wholesale operator has opened its new head office, e-commerce and warehousing facility following a PS5.5m investment The investment, supported by Barclays, has seen Charlies Stores Ltd open at Offa's Dyke Business Park, Welshpool. The 102,000 sq ft facility will consolidate seven existing warehousing and fragmented office locations into this purpose-built unit with capacity for business growth, securing the future of 60 warehousing and head office jobs.

Charlies Stores' company director Rebecca Lloyd said: "We are an independent family-owned business, passionate about our mid-Wales heritage. My dad Chris bought the business back in the early '80s while working at 'Charlies' when it was an army surplus store based in Newtown. Thirty years later we now have a PS46m turnover business employing over 400 staff."

Barclays relationship director Paul Ffoulkes said: "Barclays has been able to provide innovative solutions to support Charlies Stores both financially and professionally throughout the relocation and expansion. Investment in the new premises demonstrates both Barclays' and the management team's confidence in the potential growth and success of the business."

Ms Lloyd added: "The fantastic new premises are integral to the continued success of the business. Over the next six years we plan to open a further four stores and expand our e-commerce business. Currently 25% of our online sales are generated from inside the M25 so we know there is a large opportunity to capitalise on our e-commerce service and pricing strategy across the UK."

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Title Annotation:Business
Publication:Western Mail (Cardiff, Wales)
Geographic Code:4EUUK
Date:Nov 6, 2018
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