Award-winning office stationery supplier UOE has just sold its Business Supplies operation to the successful Quills Group.
Online PR News – 01-October-2019 – London – On 1st October 2019, the entire UOE B2B account management team will be transferring over to Quills and it will be "business as usual" from day one.
The sale is part of UOE's High Street expansion plans. Looking at the retail landscape you'd be forgiven for thinking the end of the High Street was upon us, but this is far from the case for UOE Stores & Post Office franchises.
UOE's history as a high street retailer dates back to 1983, but its transformation over the past five years into a multi-site gifts, stationery and Post Office retailer has been rapid and recognised with a number of trophies including Best Independent Post Office at the 2018 Retail Awards.
With seven branches throughout London and Hertfordshire serving over 1.5 million customers a year, UOE is identified a further seven franchise opportunities for forthcoming growth over the next 24 to 36 months.
Managing Director and Postmaster, Elliot Jacobs, has committed to 'doubling down' on the direct to consumer operation. "Retail requires supreme focus and extreme execution to achieve success. Until now our businesses has had two distinct and separate channels providing business supplies and furniture via our commercial sales team, as well as our expanding retail operations. Divesting our B2B division will enable us to focus our entire team on ensuring that we strive to be the very best example of independent retailing on the High Street."
Andy Efstathiou Quills MD explains: "UOE and Quills share the same customer-focused attitude as well as common platforms in online technology, national distribution network and many of the same suppliers. We're really excited to welcome the UOE business team join us as part of the growing Quills family"
UOE's B2B division will become part of Quills from 1st October 2019.