Wright’s Home Hardware nails down new premises thanks to £385,000 funding package from Bank of Scotland
Prestwick-based hardware and housewares supplier Wright’s Home Hardware is tripling the size of its Helensburgh premises to cope with rising demand from UK gardeners and DIYers, thanks to a £385,000 funding package from Bank of Scotland.
Wright’s Home Hardware, founded in 1969, offers customers a range of housewares, garden essentials, building repair materials, plumbing supplies, DIY, paint and tools from its 10 stores across Central and the West of Scotland.
Despite initial disruption from lockdown being imposed in March 2021, the firm was ultimately classified as an essential business.
A combination of good weather and customers looking to make garden and home improvements during lockdown caused sales in the company’s key categories of gardening and DIY to increase by 30%. To accommodate rising consumer demand in these areas, the company acquired new premises in Helensburgh, located immediately adjacent to the existing store on Sinclair Street.
The new premises bring an additional 10,000 sq ft of space to the firm and will feature the company’s first garden centre and a new interior furniture showroom for the town.
Wright’s Home Hardware currently employs 115 staff and is planning to hire an additional 11 employees ahead of the new site’s October opening.
Fiona Leary, finance & business development director at Wright’s Home Hardware, said: “While the pandemic was, and continues to be, an incredibly disruptive time for us all, it also reminded our customers of the important role local stores play as part of any high street.
“After we were granted essential business status, and we got through the first frightening period in which all businesses had to adapt to the new conditions, we saw our demand pick up significantly with shoppers increasingly looking to do their own home improvements. A lot of our customers also said doing gardening and DIY had a hugely positive impact on their mental health as they had something productive to do during lockdown.
“We got a lot of positive feedback from the communities we serve across Scotland: customers reported that we’d helped them ‘Keep the Heid’. We also ran a very popular free delivery service and hired extra vans and drivers throughout both lockdowns to help people cope.
“As we regained stability, we decided to press ahead with plans to acquire the new premises and expand our business. The support from Bank of Scotland helped us to make these ambitions a reality and we can’t wait to open our new store in October.”
Paul McWilliams, relationship director at Bank of Scotland, added: “Wright’s Home Hardware has been a staple of many high streets in Central and Western Scotland for over 50 years now and this new expansion marks the next stage in the company’s growth plans.
“With people across Britain spending £110bn* on home improvements throughout the pandemic, stores like Wright’s have played a massive role in helping people invest in their properties – something that has surged in popularity as people spend greater periods of time at home.
“The new garden centre and outdoor furniture unit will be a welcome addition in Helensburgh and we’re truly excited to see the new store and what it has to offer.”