Commercial : Retail News
Screwfix to Launch 35 New Stores Across UK and Ireland

Screwfix to Launch 35 New Stores Across UK and Ireland

Screwfix has announced plans to open 35 new stores across the UK and Ireland by the end of January 2026, reinforcing its commitment to expanding its retail network and improving accessibility for tradespeople. A significant number of the new locations will feature the retailer’s compact ‘Screwfix City’ format, designed for

Read More »
M&S to Launch New Food Hall on Clapham High Street

M&S to Launch New Food Hall on Clapham High Street

Marks & Spencer is set to open a new food hall on Clapham High Street, taking over the former Eco Restaurant and Superdrug premises at 156-164 Clapham High Street. The retailer has secured a 20-year lease for the unit, which includes approximately 8,300 sq ft of ground floor retail space

Read More »
Domino’s Aims for Expansion with Over 50 New Stores in 2025

Domino’s Aims for Expansion with Over 50 New Stores in 2025

Domino’s Pizza Group (DPG) has announced plans to open more than 50 new stores across the UK in 2025, as it continues to capitalise on long-term growth opportunities. The group, which operates 1,372 stores in the UK and Ireland, has secured a five-year framework agreement with its franchise partners to

Read More »
Last Two Bidders Compete for WHSmith’s High Street Business

Last Two Bidders Compete for WHSmith’s High Street Business

Only two contenders remain in the race to acquire WHSmith’s high street business as the retailer considers withdrawing from town and city centres across the UK. Alteri, the owner of Bensons for Beds, and Modella Capital, which owns Hobbycraft, are now the final bidders in discussions with WHSmith and its

Read More »
Greggs Plans 150 New Stores in 2025 as Sales Surpass £2bn

Greggs Plans 150 New Stores in 2025 as Sales Surpass £2bn

Greggs is setting its sights on 140 to 150 new store openings in 2025, following a record-breaking year in which the bakery chain surpassed £2 billion in sales for the first time. In 2024, Greggs expanded its presence with 226 new store openings, while closing 28 locations and relocating 53.

Read More »
WHSmith Sale Could Mark the End of a High Street Staple

WHSmith Sale Could Mark the End of a High Street Staple

WHSmith could vanish from UK high streets as the retailer considers selling its 500-store high street division, with reports suggesting any deal may not include the rights to its historic brand name. The company, which has been a fixture of British high streets since 1792, is shifting its focus towards

Read More »
Wickes Expands with Acquisition of Four Former Homebase Stores

Wickes Expands with Acquisition of Four Former Homebase Stores

Wickes has secured four former Homebase locations as part of its ongoing expansion, following the DIY retailer’s collapse into administration last year. The newly acquired stores in Dunfermline, Bury St Edmunds, and Leeds Moor Allerton will reopen under the Wickes brand later this year. They join a Northampton site, acquired

Read More »
Latest Issue
Issue 342 : Jul 2026

Commercial : Retail News

Screwfix to Launch 35 New Stores Across UK and Ireland

Screwfix to Launch 35 New Stores Across UK and Ireland

Screwfix has announced plans to open 35 new stores across the UK and Ireland by the end of January 2026, reinforcing its commitment to expanding its retail network and improving accessibility for tradespeople. A significant number of the new locations will feature the retailer’s compact ‘Screwfix City’ format, designed for high-footfall urban areas. This follows the successful launch of seven ‘City’ stores in the year leading up to January 2025, catering to the needs of busy tradespeople who require quick and convenient access to supplies. The new stores will also offer Screwfix Sprint, a rapid delivery service that enables customers to receive products at home or on-site in under an hour. John Mewett, chief executive of Screwfix, said:“We’re proud to continue Screwfix’s amazing growth with our plans to open up to 35 new stores within the next twelve months. “Despite the challenges facing the retail industry, investing in our store network remains central to how we can best support tradespeople to get their jobs done quickly, affordably, and right first time. “Our customers continue to be busy, and we know how important it is to be near a Screwfix store. We are driving forward with our store openings and continuing to focus on providing the ultimate convenience for our customers through our ultra-compact store format, Screwfix City, and rapid delivery service, Screwfix Sprint.” The expansion highlights Screwfix’s commitment to supporting the trade industry by providing faster access to tools and materials, ensuring professionals can work efficiently and effectively. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
M&S to Launch New Food Hall on Clapham High Street

M&S to Launch New Food Hall on Clapham High Street

Marks & Spencer is set to open a new food hall on Clapham High Street, taking over the former Eco Restaurant and Superdrug premises at 156-164 Clapham High Street. The retailer has secured a 20-year lease for the unit, which includes approximately 8,300 sq ft of ground floor retail space and an additional 3,400 sq ft of basement storage. Conveniently located next to Clapham Common Tube Station, the store is scheduled to open in September and will follow M&S’s popular ‘food hall’ format, similar to its branches in Brixton and St John’s Road, Clapham Junction. Eco Restaurant has relocated to a new venue at 73 Venn Street. The deal was facilitated by GCW on behalf of the landlord, Eco Group, while FMX represented M&S. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Harvey Norman Expands UK Presence with New Store and HQ in Sutton Coldfield

Harvey Norman Expands UK Presence with New Store and HQ in Sutton Coldfield

Australian homewares giant Harvey Norman is set to strengthen its UK footprint with the opening of a new store and headquarters at The Gracechurch Centre in Royal Sutton Coldfield, near Birmingham. The move follows the retailer’s successful launch in England at Merry Hill in October 2024 and marks the next step in a series of planned investments across the West Midlands as part of its broader UK and global expansion strategy. Founded in 1982, Harvey Norman has grown into an international retail powerhouse, operating more than 300 stores worldwide across Australia, Malaysia, Singapore, Slovenia, Croatia, New Zealand, the Republic of Ireland, and Northern Ireland. Katie Page, CEO of Harvey Norman, highlighted the region’s appeal: “The West Midlands’ high-quality retail space and excellent connectivity are key reasons we have chosen Sutton Coldfield as the home of our new UK headquarters and our next store. Gracechurch will provide a fantastic hub for our growing UK team, and I look forward to returning to the region as we advance our expansion plans.” The new opening is part of a wider regeneration initiative led by the West Midlands Combined Authority (WMCA), which is backing a multi-million-pound investment to revitalise The Gracechurch Centre. The redevelopment plans include new homes alongside enhanced leisure, retail, and commercial spaces. West Midlands Mayor Richard Parker welcomed the investment: “Harvey Norman’s decision to set up in Sutton Coldfield is a huge boost for the area. It proves that our high streets can thrive again, creating jobs and giving people more reasons to visit, shop, and socialise. “With new jobs and homes on the horizon, we are delivering real opportunities and making this town an even better place to live and work.” Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
The Gym Group to Expand with Up to 16 New Sites in 2025 Amid Strong Growth

The Gym Group to Expand with Up to 16 New Sites in 2025 Amid Strong Growth

The Gym Group has announced plans to open between 14 and 16 new sites in 2025, building on strong revenue growth in the past year. The expansion is part of the operator’s broader strategy to launch around 50 new gyms over three years. Last April, Savills was appointed to support its property search and expansion efforts. With approximately 245 locations across the UK, The Gym Group added 12 new sites in 2024, including venues in Orpington, London Euston Road, Manchester Oxford Road, Welwyn Garden City, and several key London areas such as Plaistow, East Ham, Bromley-by-Bow, Shepherd’s Bush, and Elephant and Castle. The company’s financial results for 2024 highlight a positive trajectory, with revenue reaching £226.3 million, an 11% increase year on year. Adjusted pre-tax profit improved significantly, rising to £3.6 million from a £5.5 million loss in 2023. Free cash flow also saw a notable boost, increasing to £37.5 million by year-end, up from £27 million in 2024. Will Orr, CEO of The Gym Group, said: “This strong set of results demonstrates solid progress against our Next Chapter growth plan. Membership, revenue, and profit have all increased, reinforcing our market-leading position in a sector that continues to expand. “We will continue to build on initiatives launched in 2024 while introducing new strategies for 2025, with a strong focus on leveraging technology and data to drive future growth. Given our momentum, we are confident in meeting the top end of recently revised analyst forecasts for 2025. We also remain on track to achieve our target of opening around 50 high-quality gyms over three years, funded entirely through free cash flow.” With a growing member base and a commitment to accessible, high-quality fitness facilities, The Gym Group is set to strengthen its position as a leading force in the UK’s health and wellness sector. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Domino’s Aims for Expansion with Over 50 New Stores in 2025

Domino’s Aims for Expansion with Over 50 New Stores in 2025

Domino’s Pizza Group (DPG) has announced plans to open more than 50 new stores across the UK in 2025, as it continues to capitalise on long-term growth opportunities. The group, which operates 1,372 stores in the UK and Ireland, has secured a five-year framework agreement with its franchise partners to drive expansion. This follows a strong performance in 2024, during which it opened 54 new stores across 21 franchise networks. Despite a slight 0.4% year-on-year decrease in revenue, bringing the total to £664.5 million for the year ending 29 December 2024, DPG continued to make strategic investments. It spent £62 million acquiring the remaining 85% stake in Shorecal Limited, the largest Domino’s franchisee in Northern Ireland and the Republic of Ireland, and completed the sale of its corporate store estate in London for £34.8 million. DPG CEO Andrew Rennie highlighted the company’s progress, stating: “Our results reflect the strength of our long-term strategy. We’ve reinforced our competitive position, secured a new agreement with our franchise partners, and expanded our store network. As the year progressed, our trading momentum increased, our delivery channel returned to growth, and we achieved strong underlying earnings.” He added: “In 2024, we made disciplined investments to fuel growth, including the acquisition of Shorecal in Ireland and DP Poland. We also reinvested funds from store disposals to strengthen our position. Looking ahead to 2025, we are entering the year on a positive note, even in an uncertain market. With a strong pipeline of store openings and a resilient business model, Domino’s is well positioned for continued success.” As the company accelerates its expansion, Domino’s is set to strengthen its presence across the UK, reinforcing its market leadership in the fast-food delivery sector. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Last Two Bidders Compete for WHSmith’s High Street Business

Last Two Bidders Compete for WHSmith’s High Street Business

Only two contenders remain in the race to acquire WHSmith’s high street business as the retailer considers withdrawing from town and city centres across the UK. Alteri, the owner of Bensons for Beds, and Modella Capital, which owns Hobbycraft, are now the final bidders in discussions with WHSmith and its advisers regarding a potential deal. Doug Putman, the owner of HMV, is no longer involved in negotiations, although the Canadian businessman could still submit an offer before the auction process concludes. This follows WHSmith’s announcement in January that it was exploring strategic options for its high street division, including a potential sale. The retailer, which operates around 500 high street stores across the UK, has increasingly shifted its focus to its global travel division, which now accounts for 85% of its trading profit. A sale could result in WHSmith giving up the rights to its brand name, raising the possibility that the retailer – a presence on British high streets since 1792 – may disappear from town centres altogether. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Greggs Plans 150 New Stores in 2025 as Sales Surpass £2bn

Greggs Plans 150 New Stores in 2025 as Sales Surpass £2bn

Greggs is setting its sights on 140 to 150 new store openings in 2025, following a record-breaking year in which the bakery chain surpassed £2 billion in sales for the first time. In 2024, Greggs expanded its presence with 226 new store openings, while closing 28 locations and relocating 53. The company also refurbished 165 existing shops, bringing its total estate to 2,618 stores by the end of the year. Looking ahead, Greggs sees significant potential to exceed 3,000 UK stores in the long term. The company’s total sales for 2024 rose 11.3% year-on-year to £2.01bn, with underlying operating profit increasing 13.7% to £195.3m. Roisin Currie, chief executive of Greggs, reflected on the company’s success: “2024 was another record-breaking year for Greggs; we exceeded £2 billion in sales for the first time and opened our 2,600th shop. Our people have worked tirelessly to deliver on our strategic ambition to further establish Greggs as a multi-channel food-to-go retailer, and I want to acknowledge their efforts. It is thanks to their hard work, week after week, that we continue to grow, while maintaining the great prices, high-quality products, and friendly service that keep our customers coming back.” Currie also reaffirmed Greggs’ long-term growth strategy: “In 2021, we set our sights on doubling sales by 2026 and building a significantly larger business. Three years into this five-year plan, we are on track and confident in the growth opportunities ahead. The brand is stronger than ever, with vast potential to expand our store network and continue developing in newer markets and channels.” With strong momentum and ambitious expansion plans, Greggs is poised for another year of impressive growth in 2025. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
WHSmith Sale Could Mark the End of a High Street Staple

WHSmith Sale Could Mark the End of a High Street Staple

WHSmith could vanish from UK high streets as the retailer considers selling its 500-store high street division, with reports suggesting any deal may not include the rights to its historic brand name. The company, which has been a fixture of British high streets since 1792, is shifting its focus towards its more profitable travel retail business. In January, WHSmith confirmed it was exploring strategic options for its high street division, including a potential sale. However, it is now understood that any deal may exclude the WHSmith branding, raising questions about the future identity of the stores. Among those reportedly interested in acquiring the high street business are HMV owner Doug Putman, Bensons for Beds owner Alteri, and Modella Capital, which owns Hobbycraft. Despite recording an operating profit of £32 million last year, WHSmith’s high street stores remain largely focused on greeting cards, books, and stationery, while its travel division – which offers a broader range of food, drinks, and technology – now accounts for 85% of the company’s overall profits. If the sale goes ahead without brand retention, it could spell the end of WHSmith as a recognisable presence on UK high streets. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Wickes Expands with Acquisition of Four Former Homebase Stores

Wickes Expands with Acquisition of Four Former Homebase Stores

Wickes has secured four former Homebase locations as part of its ongoing expansion, following the DIY retailer’s collapse into administration last year. The newly acquired stores in Dunfermline, Bury St Edmunds, and Leeds Moor Allerton will reopen under the Wickes brand later this year. They join a Northampton site, acquired in July 2024, which is currently undergoing refurbishment. The acquisitions align with Wickes’ strategic growth plans, allowing the company to expand into new catchment areas while continuing its store opening programme. Wickes chief executive David Wood said, “We are delighted to be acquiring these former Homebase stores and welcoming all colleagues currently working there into the Wickes family. This move further strengthens our ambitious store expansion strategy, helping even more customers bring their home improvement projects to life.” Wickes is among several home improvement retailers capitalising on Homebase’s restructuring. B&Q has taken over eight former Homebase locations across the UK and Ireland, while new Homebase owner CDS Superstores—operator of The Range and Wilko—has committed to rebranding up to 70 stores. With these latest acquisitions, Wickes continues to reinforce its presence in the home improvement sector, bringing its product range and expertise to more communities nationwide. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »
Fashion Brands Flock to Broadgate Central as British Land Secures New Tenants

Fashion Brands Flock to Broadgate Central as British Land Secures New Tenants

British Land has signed a host of high-profile fashion retailers, including Ralph Lauren, Mango, Luca Faloni, Hobbs, and Whistles, for its Broadgate Central development in the City of London. The 120,000 sq ft retail and hospitality hub spans the ground and lower ground floors of 1 Broadgate and 100 Liverpool Street, creating a key link between Liverpool Street station and Finsbury Avenue Square. The wider 1 Broadgate scheme is set for completion later this year, with 96% of its office space already pre-let to JLL and A&O Shearman. British Land has had a strong start to the year, securing or placing under offer 200,000 sq ft of space across its Broadgate portfolio, including at 155 Bishopsgate, Broadgate Tower, Broadwalk House, and 10 Exchange Square. Chief executive Simon Carter said: “The fantastic additions to our retail offer at Broadgate Central will only enhance the campus’s appeal.” He also highlighted the continued demand for workspace in the area, driven by Broadgate’s connectivity, amenities, and high-quality office environment. Building, Design & Construction Magazine | The Choice of Industry Professionals

Read More »