International FMCG wholesaler and distributor Pricecheck has doubled its warehouse capacity by leasing the former Maplin headquarters in Manvers, South Yorkshire.
The lease of the 197,425 sq ft building means that Pricecheck now occupies 378,000 sq ft across two sites – including its offices and mezzanine storage –giving the capacity for 32,000 pallets.
Sheffield-based Pricecheck is investing a further £750,000 to fit out the new premises with pallet racking, sprinkler systems, specialist aerosol storage, forklifts and equipment.
The expansion will see some existing employees relocate as the new site gets up and running, and over time 100 new jobs will be created.
Mark Lythe, joint managing director (operations & finance), said: “We have ambitious growth targets and will continue to invest in all areas of the business to ensure we remain on track to achieve those.
“The expansion of our warehouse capacity is in line with our strategic plans for the next five years as we target a turnover of £200 million by 2025. Despite the challenges of Coronavirus, we remain very confident about the long-term prospects for our business.”
As part of the company’s ongoing investment in talent, infrastructure and technology, Pricecheck is in the process of introducing a state-of-the-art warehouse management system, with the project due to go live within the next six months.
Lythe said: “The significant investment in our warehouse management system will ensure a smooth process and efficient management of stock as well as coordinating operations across our two sites. It will also enable us to continue our fantastic growth in a controlled manner.”
Pricecheck offers more than 6,000 branded products to customers in the UK and to more than 80 countries globally.