A BIG bargain shop chain is said to be opening dozens of new stores.
Discount retailer TK Maxx is reportedly looking for new locations as part of expansion plans.
The chain, which currently has around 350 stores in the UK already, is eyeing up over 28 new sites, according to The Evening Standard.
These include spots in Archway, Barnet, Elephant and Castle, and Upminster.
TK Maxx has reportedly shared a list of locations in London with retail property agents were it's considering opening stores.
It already has 58 in the capital and the new shops would increase its presence in the city centre including Holborn and Notting Hill.
READ MORE IN MONEY
TK Maxx shoppers rush to buy Apple product with huge discount
I’m an ex-TK Maxx worker – best days to shop & when prices are just 30p
The site requirements from TK Maxx are said to be for 10,000 to 30,000 square feet of space.
TK Maxx is known for its bargain prices and major discounts on designer items, so this will be welcome news for shoppers.
The Sun has contacted TK Maxx for comment.
The plans come after The Sun reported that the bargain shop was closing, relocating and opening a handful of stores.
Most read in Money
Family favourite restaurant chain to shut 35 branches after string of closures
Five things to always buy at Primark – and four items to avoid
Popular bakery chain planning a 24-hour drive-thru service
Shoppers spot huge closing down sale at high street fashion chain
TK Maxx in Edinburgh shut up shop on February 15 and Manchester's Arndale Shopping Centre shop closed its doors on March 1.
Swansea's Homesense, a furniture focused shop owned by TK Maxx, is being relocated from Parc Fforestfach.
Meanwhile TK Maxx is opening a brand new store in Workington's former Debenhams as well as a new store in Llanelli.
And Homesense will open a brand new store in Llanelli right beside the planned TK Maxx.
No opening date has been confirmed yet for the new stores.
It comes after a chaotic start to the year on the British high street with several retailers shutting stores.
B&M, Boots and B&Q are just some of the chains who have been feeling the pinch of rising costs and having to close stores.
While, stationery chain Paperchase fell into administration in January, causing it close 106 stores.
We've rounded up the full list of shops which will be closing this month alone.
But, some retailers have already revealed that they too will be opening shops in 2023.
Most recently, Poundland has confirmed exact opening dates for four new stores across the UK.
And, bargain supermarket Aldi will be opening the doors of nine shops across the country by the end of the year.
Meanwhile in the food and drink sector, coffee giant Starbucks is to open 100 new branches in the UK in 2023.
Bakery chain Greggs is set to open 150 new branches this year after opening a record 186 new stores in 2022.
Plus, Wagamama fans will be thrilled to know that the company is planning on opening more sites in the UK.
Read More on The Sun
Shoppers are going wild for Asda’s mega sale where PJs are scanning for £3
Dog trainer reveals three breeds he’d never advise for a first-time dog owner
The Sun spoke to an ex TK Maxx worker who revealed the best days and times to shop in stores to bag absolute bargains.
And, we've rounded up five things you should always buy at the discount store and two things you should leave on the shelf.
Do you have a money problem that needs sorting? Get in touch by emailing [email protected]
Source: Read Full Article
