As you may have noticed, there’s been quite a bit of volatility in the financial markets lately. Recent months have seen the pound lose a chunk of its value against the dollar. This has a huge knock-on effect for us as retailers — the cost of importing goods from other countries increases as the pound’s purchasing power diminishes. Distributors are effectively shelling out more money to pay for the same goods and somewhere down the line, somebody has to cover these costs.
With that said, distributors in the hydroponics industry wasted no time in captalising on the situation, implementing price hikes that are hard to justify, even in light of the situation in the currency markets. We can’t help but think that the economic volatility has provided great cover for a number of players to implement the increases that they’d planned for some time anyway…
But here’s the good news: rather than pass the buck and saddle our customers with higher prices, we’ve taken the decision to freeze our pricing at the current rates, across the entire catalogue! We’d rather pick up the slack ourselves than put extra strain on our valued customers. We’re working tirelessly round the clock to ensure that, for the foreseeable future, you can still get all of the grow gear that you need at the prices that you’re used to paying.
Shop now: http://www.onestopgrowshop.co.uk/