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British Corner Shop eyes global growth after fresh investment

Online grocery store British Corner Shop has secured funding from a private investor, Rcapital to expand its business further.

The retailer serves British expats globally and stocks more than 6000 products of UK’s most loved high-street brands.

Apart from Europe, the brand has registered growth in North America with emerging demand seen in Australia, Singapore, Israel and India and from new markets such as Czechia, Slovakia, and Hungary.

The investment from Rcapital will help consolidate its global direct-to-consumer e-commerce business, helping suppliers benefit from its sustainable growth in global markets.

Tom Carroll, CEO of British Corner Shop, said: “With Rcapital’s investment and expertise, we can consolidate our market-leading position, build our global customer base, and, as a result, help our valued suppliers expand their markets.”

Sam Duberley, investment manager at Rcapital, said the retailer has a “strong brand, a world-class e-commerce platform” and a slick global e-commerce fulfilment proposition.

He added the new investment from Rcapital will “enable” the retailer to develop its platform and marketing proposition.

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