Bike retailer to move its distribution premises
September 16, 2014 by admin
Wiggle have been part of the Portsmouth business scene for many years – growing exponentially the company continues to be extremely successful. Based in Portsmouth’s North Harbour, the online bike retailer has confirmed it’ll be moving its distribution centre to Bilston in the West Midlands. Head office will stay in Hampshire but 120 will be asked to migrate with the company or face redundancy.
The reason for the move is due to demand. As the company expands it requires further space but due to increased property prices, per square foot, Portsmouth was deemed too expensive. The new site at Citadel Logistics Centre is said to be 320,000sq ft and will have been fully completed by 2016.
No redundancies are expected until summer 2015 although the consultation process has already begun. Wiggle is also increasing its workforce to further cope with its growing business in the Portsmouth area.