Thousands Queue To Grab Big Offers New Cash Carry
Thursday, 28 April 2011
2,500 bargain hunters queued outside the new BigOffers Discount Warehouse at Newbridge, Edinburgh, on Thursday morning to get their hands on £150 Suits for £8 and iPod Nanos for £20.
The new 60,000 sq ft outlet, launched by BBC online Dragon Shaf Rasul and ex-Matalan boss Duncan Sutherland is the latest move by the entrepreneurs to help cash-strapped shoppers.
Shaf Rasul said: "Consumer trends show that people want to pay less but not compromise on quality, and that is exactly what we are delivering at BigOffers.
"The turnout on the opening day has been incredible and we will continue to meet this demand by sourcing volumes of high-street quality stock and driving huge discounts back to our customer base which covers trade, ebay traders and the public."
Bargain hunters can expect to find a vast range of products available from Calvin Klein underwear at £3 to Doc Martens at £5, as well as homeware, toys and home entertainment products.
Duncan Sutherland added: "Our market research has shown that there is a significant wholesale market which has historically had to travel through to Glasgow to access the right levels of stock.
"This is the start of our opening weekend and you can already see that we are meeting the significant wholesale demand from within the city and the outlying region by offering a comprehensive product range at unbeatable prices.
"Our objective will be to now expand our product offering and explore opportunities to roll our model into other sites throughout the country."
Big Offers Discount Warehouse is now open at Terston House, 1 Hully Hill Road, Edinburgh Interchange, Newbridge, Edinburgh, EH2 8PH.
IT and property entrepreneur Shaf Rasul, www.shafrasul.com, is one of Scotland's most successful businessmen.
He now features in an online version of the BBC's Dragons Den alongside American Julie Meyer and host Dominic Byrne of the Chris Moyles BBC Radio 1 Breakfast Show.
Edinburgh-based Rasul has an estimated wealth of £80million, according to the recent Sunday Times Rich list.
His core business interests include optical-media distribution business E-Net Computers which he established in 2000. It is now the largest storage media distributor in Europe and one of the biggest buyers of optical storage products in the world.
As well as expanding E-Net Computers, Rasul has developed a venture capital investment portfolio which focuses on property, asset management and internet technology.
Rasul also has an arm dedicated to management buy-ins and buyouts, providing teams with the funding, buying power and exposure to the supply and distribution networks required to expand their business.
Issued by Beattie Communications (www.beattiegroup.com) on behalf of Shaf Rasul.