// Jysk to expand UK store portfolio within next 5 years
// The retailer aims to reach 5000 stores worldwide
// It will increase its UK store portfolio to 52 outlets by August 2024
Jysk has announced plans to expand its UK store portfolio over the next five years as part of ambitions to reach a 5000-store target worldwide.
The Danish homeware retailer said it aimed to increase its portfolio to 52 outlets in the UK by August 2024.
The expansion is due start this August, with another six to seven news stores in the pipeline for next year.
Jysk is set to open stores in St Helens, Bradford and Wakefield this year, with each store planned to be around 10,000 to 12,000sq ft and located in retail parks.
“We must grow intelligently – maximising each region of the UK – to create and develop localised brand awareness and customer recognition,” Jysk country manager David Ashton said.
“This is why our primary focus remains in central and northern UK regions.
“Our experience is that striking the right note with shoppers is the key to a retail business that thrives.
“We would argue that UK retail isn’t dying, it’s simply changing the ground rules. Retailers have to listen, anticipate, regroup and adapt.”