Toolstation
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|
Type | subsidiary |
---|---|
Industry | Retail |
Founded | 2003 |
Founder | Mark Goddard-Watts |
Headquarters | Bridgwater, Somerset, United Kingdom |
Area served |
|
Key people | James Mackenzie (CEO) |
Products | tools, building materials |
Revenue | £633 million (2020) [1] |
Number of employees | 5000 (2021) |
Parent | Travis Perkins plc |
Website | toolstation |
Toolstation is a multi-channel retailer of tools and building materials. It has more than 500 branches in the UK, 65 in the Netherlands and 23 in France. It was bought by Travis Perkins in 2014. The managing director is James Mackenzie.[2]
History[]
Toolstation was formed in February 2003 by Mark Goddard-Watts, one of the founding family members of Screwfix Direct.[3]
In 2012 Goddard-Watts sold his shares to Travis Perkins plc.[4][5] A distribution centre in Middleton, Greater Manchester opened in August 2018.[6]
During the COVID-19 pandemic in the United Kingdom, Toolstation remained open to provide its essential products to the trade and the general public. During the initial stages of the pandemic, it adopted a click and collect based retail operation in the interest of customer and colleague safety, however this was later scrapped as the pandemic prevention restrictions were eased by Boris Johnson.[7] Click and Collect is still available at all Toolstation sites and is the preferred method of purchasing by many.
References[]
- ^ Travis Perkins PLC, 2020 Full-Year Results”, released 2nd March 2021
- ^ "Toolstation opens its new distribution centre in Middleton". DIY Week. Retrieved 3 March 2021.
- ^ "Founder of Toolstation sells stakefor £24m". Independent. 4 January 2012.
- ^ "Mark Goodard-Watts secures second fortune with Toolstation sale". The Telegraph Publishing. Retrieved 3 January 2012.
- ^ "Wickes owner buys remaining 70% of Toolstation". Retail Gazette Publishing. Retrieved 3 January 2012.
- ^ "Toolstation Opens its new distribution centre in Middleton". DIY Week Publishing. Retrieved 28 August 2018.
- ^ "What's the roadmap for lifting lockdown?". BBC News. 2021-04-20. Retrieved 2021-04-21.
- Companies based in Bridgwater
- British companies established in 2003
- Retail companies established in 2003
- Home improvement companies of the United Kingdom
- 2014 mergers and acquisitions
- United Kingdom company stubs