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Wholesaler Stax Trade Centres says it hopes to serve the whole of Scotland after investing £5m on its new Glasgow depot.


Home goods firm Stax opened its fully-refurbished 80,000sqft warehouse on the city’s Queenslie Industrial Estate late summer last year, describing it as its first design-led dual purpose branch, functioning as both a distribution centre and cash and carry.


In tandem with its Edinburgh depot, Stax says it plans to serve tradesmen and independent retailers across the whole of Scotland as a result of the investment.


Stax sells kitchens, furniture, and other household goods categories spanning DIY and hardware through outdoor goods and homewares.


The plans follow top line growth of 4.0 per cent to £110.1m in the year to 29th August for the supplier, which operates across six UK depots in all, with others based at Birmingham, Leeds, Bristol and Manchester, where the privately owned group is headquartered.


EBIT before exceptional items was up to £1.9m (2014: £1.5m) with the company making £1.8m at the pre-tax line.