Pricecheck Celebrates Four Decades of Growth
Pricechecks management team celebrates 40 years in business
International brand wholesaler and distributor Pricecheck celebrates 40 years in business this month.
Established in 1978 by Doug & Moira Lythe, the second generation, family-owned business has continued to succeed under siblings Mark Lythe and Debbie Harrison.
In 2016, the firm relocated to a purpose-built warehouse & office facility in Beighton, and recently added a new mezzanine level whilst opening a second warehouse facility in Attercliffe, Sheffield. The company now boasts over 15,000 pallet spaces across the two sites.
The business began as a local retail store in Sheffield, however, the Lythe family soon expanded into international health & beauty distribution.
In recent years the company has moved into the distribution of fragrances, household, medical, food & drink, alcohol, confectionery, and children’s products. Alongside the move into new product categories the company has worked to develop its export business which now accounts for almost half of its £73m turnover.
Pricecheck’s Founder Doug Lythe spoke of the forty year milestone, “Forty years ago I couldn’t imagine we would have been responsible for starting such a successful international business, I don’t think anyone would have predicted it. The business has gone from strength to strength since Mark and Debbie took over in 2007. I offer my heartfelt thanks to all the staff for their loyalty and commitment to our customers & suppliers over the past four decades. I look forward to celebrating in our unique Pricecheck style before they start work on the next forty years!"
Joint Managing Directors Mark & Debbie have ambitious growth plans underway for the next decade, the duo are aiming to more than double turnover to £200m by 2025. This will mean a significant investment in people, and the pair aim to take on a further 60 staff over the next two years. Mark commented, “Debbie and I have lived and breathed Pricecheck all our working lives, knowing we are growing our family business year on year is a great source of pride for us both. We are working hard to employ the right people to develop the business further over the next few years.”
To commemorate this momentous year, and to thank the 140 staff for their hard work and dedication, the company announced it would be throwing a special anniversary party for employees and increasing their annual holiday entitlement.