B&M has revealed plans to open 14 new stores this summer, with the first one set to launch as early as this week. Lincolnshire is set to benefit from the expansion, with the retailer moving into a large empty unit in Gainsborough.
This summer will see the next step in the bargain retailer’s expansion plans, with B&M hoping to open another 250 stores in the coming years. Among the planned openings over the next few months, three are relocations following the chain’s purchase of former Wilko stores last year, while one is an expansion of an existing location.
The Gainsborough store is set to move to a former Wilko in Marshalls Yard. The current store will close its doors on July 17, three days prior to its reopening at the new site, reports the Mirror.
READ MORE: Spalding company behind Tesco trial using laser etchings on avocados instead of stickers
The three stores undergoing relocation include BandM’s outlets in Bulwell, Nottingham, Oldham in Greater Manchester, and Gainsborough, Lincolnshire. In Nottingham, the existing BandM store is scheduled to shut down on June 7, with the new outlet opening shortly after on June 12.
Since January, the budget retailer B&M has launched 24 new stores across the UK, with the latest opening its doors on May 31 in Bexleyheath, London. Boasting over 700 outlets nationwide, B&M is aiming for a long-term goal of reaching 950 locations.
Full list of B&M stores opening this summer
- Maesteg, Wales – June 8
- Bulwell, Nottingham – June 12 (relocation)
- Kingswood, Bristol – June 14
- Oakham, Rutland – June 22
- Oldham, Greater Manchester – June 26 (relocation)
- Bransholme, Hull – June 28
- Bordon, Hampshire – June 29
- Bloxwich, Walsall – July 12
- Bradley Stoke, South Gloucestershire – July 12
- Gainsborough, Lincolnshire – July 20 (relocation)
- Cannock, Staffordshire – July 23
- Arndale, Manchester – July 24
- Victoria Chambers, Derby – July 26
- Harpurhey, Manchester – August 24 (expansion)
The Oldham store will transition from its current spot to a former Debenhams site in Spindles Shopping Centre. The original site will cease operations on June 22, before reopening at the new, larger location on June 26. The final store to be inaugurated will be the expanded outlet in Manchester, which is expected to welcome shoppers on August 24.
In a March update, the company revealed plans to inaugurate an additional 45 B&M stores within the next two years, following the 47 new stores from the previous year. The expansion strategy gained momentum after B&M acquired up to 51 sites previously operated by Wilko, which had entered administration.
According to B&M’s financial reports, these new acquisitions are performing “ahead of expectations”.
Click Here to see original article Massive Hits is not responsible for external links, or news feed content.
