M&S announces it will open 20 new stores with cafés and 12 food halls
Eleven locations still to be announced, one in The Oaks?M&S announces it will open 20 new stores with cafés and 12 food halls creating 3,400 jobs over the next two years - so is one opening near you?Marks & Spencer has revealed plans to open 20 new shops across the UKThe move, part of a £480million investment, will create 3,400 jobsChief executive says he wants to make sure M&S has stores in the right places By DANYA BAZARAA FOR MAILONLINEPUBLISHED: 09:37, 16 January 2023 | UPDATED: 12:25, 16 January 2023Marks & Spencer has announced plans to open 20 new shops across the UK in a move that will create 3,400 jobs.Eight full-line stores will open in shopping centres such as the Bullring in Birmingham and the Trafford Centre in Manchester, as well as in retail parks and high streets across key cities over the next financial year.M&S will also open 12 new food halls, including in Stockport, Barnsley and Largs in North Ayrshire, Scotland.The new openings, planned for 2023-24, will bring investment in new stores to £480million, M&S said. Nine of the 20 new store locations have been revealed so far, with the remaining 11 to be announced in due courseNine of the 20 new store locations have been revealed so far, with the remaining 11 to be announced in due courseBirmingham Bullring (full-line store opening Autumn 2023)Manchester’s Trafford Centre (full-line store opening Winter 2023)Lakeside Thurrock (opening Winter 2023) Stockport (food hall opening in Summer 2023)Barnsley (food hall opening in Autumn 2023)Largs, North Ayrshire (food hall opening in Winter 2023)Purley Way (full-line store opening Summer 2023) Leeds White Rose shopping centre (full-line store opening Summer 2023)The remaining 11 locations are to be announced in due course.The new store pipeline for 2023/24 includes eight full-line stores in city locations including a new 97k sq ft store in Leeds White Rose and a 70k sq ft store in Liverpool One, both due to open in Summer 2023. Later in the year, other major stores will open, including a 65k sq ft store in Birmingham Bullring (Autumn 2023), a 96k sq ft store in Manchester’s Trafford Centre and a 98k sq ft store in Lakeside Thurrock, both set to open in Winter 2023.All five of these stores will be relocated to former Debenhams sites – part of M&S’s investment to regenerate vacant sites. Each has been designed with local families in mind, with wider aisles. They will have fresh market-style food halls stocking the full M&S food range, spacious clothing, home and beauty departments, brand-new M&S cafes and free car parking. Alongside full line sites, M&S has planned investment in 12 new food halls. These include a 16k sq ft store in Stockport opening in Summer 2023, a 12k sq ft store in Barnsley (South Yorkshire) opening in Autumn 2023, and a 9,000 sq ft store in Largs (a seaside town in North Ayrshire, about 33 miles from Glasgow) opening in Winter 2023.Nine of the 20 new store locations have been revealed so far, with another 11 to be announced in due course, M&S says. M&S's latest plans come under a wider restructure of its retail footprint, with the group last year revealing it would reduce the number of its full-line stores by 67 to 180 over the following five financial years.Chief executive Stuart Machin said: 'Stores are a core part of M&S's omni-channel future and serve as a competitive advantage for how customers want to shop today.'Our store rotation programme is about making sure we have the right stores in the right place with the right space - and we're aiming to rotate from the 247 stores we have today to 180 higher-quality, higher-productivity full-line stores that sell our full clothing, home and food offer whilst also opening over 100 bigger, better food sites.'The out-performance of our recently relocated and renewed stores give us the confidence to go faster in our plan.'SOURCE: https://www.dailymail.co.uk/news/article-11639681/M-S-open-20-new-stores-creating-3-400-jobs-one-opening-near-YOU.html
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