EH Smith has acquired a new site as it continues its investment in its branch network. The Solihull-based business has bought a site in Castle Bromwich, with plans to open in early 2017.
The builders’ merchant’s new site is the former Redcroft DIY site and will be completely redeveloped and opened as an “EH Smith local” branch, a smaller outlet focusing on collections and essential building products for local tradespeople and DIY.
Sean Furlong, sales director at EH Smith, said: “We are excited to be strengthening our Midlands presence through the opening of a new EH Smith ‘local’ branch in Castle Bromwich. It will offer another convenient collections branch in the area, meaning that EH Smith is becoming ever more accessible to new and existing customers.
“The acquisition also highlights that, despite the concerns in the building industry following the Brexit vote, EH Smith is continuing to invest in its staff, the industry and the local community, and is confident that the future for construction is bright.”
The investment in a new site in Castle Bromwich follows a wider investment in EH Smith’s existing branches, including recent extensive refurbishments at its stores in Hemel Hempstead in Hertfordshire, and Witham in Essex.
EH Smith’s confidence is in line with recent figures released by The Builders Merchants Federation (BMF), which indicated strong sales throughout June in the wake of the UK’s decision to leave the European Union. The BMF’s Sales Indicators Report shows that June sales were up 3.1%, compared to 2015. Sales for the second quarter of 2016 were also up 7.1%.