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Iconic North East Retailer Expands with Funding from Barclays

Barker and Stonehouse, established in 1946 and headquartered at Cannon Park, Middlesbrough, open the doors to their new purpose built store on Boxing Day. The new store, located at St James Retail Park, Knaresborough will stock the best modern and classic furniture.

James Barker, Managing Director of Barker and Stonehouse said: “Barclays has been a traditional banking partner for the business for over forty years and has provided Barker and Stonehouse with a modern and innovative approach enabling us to build this fantastic new store. This has allowed us to move the business forward, grow with confidence and plan with certainty for the future of the business.”

The rapid construction of the new store has been a crucial part of the growth plans for the business. The company now employs over 250 staff and has a turnover of £40m.

Brian Foreman, Barclays Corporate Director said: “Barker and Stonehouse are retailers with an enviable track record and great tradition and it’s fantastic to see a retail business bucking the current economic trend and thriving. The new Knaresborough store is a truly impressive venue and achieving completion on time reflects the energy and tireless work of the whole of the Barker and Stonehouse team”