Leekes Retail has joined the Minerva buying group.
Leekes, one of the country’s leading independent retailers, operates four out-of-town home department stores in South Wales, the South West and The Midlands, as well as the recently-acquired furniture specialist Park Furnishers in Bristol.
The business, which celebrates its 120th year of trading this year, retails everything for the home including kitchens, bathrooms, flooring and accessories – but its largest and best-performing category is furniture.
Leekes Retail's MD Emma Leeke comments: “Clearly the Minerva organisation is long established and very well respected in the industry and we are looking forward to the opportunity of being part of the group.
"Whilst we have a long tradition of working independently with our supply base rather than as part of a buying group, when we started talking to the Minerva team, we were pleasantly surprised to see how simple and efficient their operation was with its low overheads and administrative costs, and we are delighted to be joining a group of fellow furniture experts.”
Martin Lukehurst, Minerva group chairman, adds: “We are absolutely delighted and very proud that such a prestigious family business as Leekes have taken the decision to choose Minerva as their preferred buying group partner.
"We anticipate that the significant addition of this major retailer will further strengthen the buying power and reputation of the Minerva brand."