Peterborough store selling solely local products looks to expand [Yahoo! Finance]
MARKS & SPENCER GRP S/ADR (MAKSY)
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Source: Yahoo! Finance
The Unity store in Peterborough's Queensgate centre opened in November and is run by not-for-profit community organisation Up The Garden Bath. It sells items from businesses based within 20 miles, but is widening it to 50 and hopes to open a Wisbech shop. Its co-founder said it helped those who could not run their own stores. Dave Poulton said: "Since the store opened we have had 15,000 transactions and taken over £200,000 in total sales. "The idea of Unity is to support people who might not be able to afford to get their own shop. They can sell their items in our shop and get that platform. "It has been a brilliant illustration that it is a viable idea." The shop stocks products from independent businesses, selling everything from gift cards to fabric plant pots. Mr Poulton said he took no commission on sales, but charged businesses a £125 rental fee for 28 days of trading. He pays a reduced business rate, due to a government reduction, and said Queensgate had "helpe
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