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Home Retail News Retailer News

British Corner Shop secures investment to fund its global growth strategy

by Fiona Briggs
April 3, 2023
in Retailer News
Reading Time: 2 mins read

British Corner Shop, the online grocery store serving British expats around the world with over 6,000 products from Britain’s most loved high street brands has today announced that it has secured investment from private investor, Rcapital.

The deal will fund British Corner Shop’s ambitious growth plans for its global direct to consumer ecommerce business, thereby consolidating its market-leading position.  British Corner Shop has already served 600,000 customers, and with five million British expats around the world, the opportunity for growth is huge.

Suppliers will benefit from the sustainable growth of the business and increasing global reach, facilitated through a worldclass technology platform, fully integrated operations and logistics network, and a wealth of direct to consumer expertise. The business will continue to invest in technology to ensure it continues to provide the best service, delivering British brands to expats globally, as securely and efficiently as possible.

British Corner Shop owns a state-of-the-art distribution centre in the Netherlands from which it supplies its growing customer base globally.  Its product, sales, marketing, and customer service teams are based in the UK.

In addition to strong sales in Europe, British Corner Shop is already seeing growth in North America, with emerging demand in markets such as Australia, Singapore, Israel, and India, and interest from new markets such as Czechia, Slovakia, and Hungary.

British Corner Shop’s management team led by CEO, Tom Carroll, who has had a highly successful career in supply chain and operations for brands such as Dyson, Graze and Pure Electric, is well-placed to deliver the growth strategy, with additional business and financial expertise provided by Rcapital.

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