// Ikea backs Marks & Spencer’s plans to demolish and rebuild its Oxford Street store
// Those against the plans argue that the landmark store should be refurbished rather than demolished
Ikea is supporting Marks & Spencer’s plans to demolish and rebuild its Oxford Street flagship store.
The DIY giant is currently preparing to open a landmark store in the former Topshop premises on Oxford Street, and said it is supporting M&S’ proposals.
Ikea UK country manager Peter Jelkeby has written to the inquiry that has just opened into M&S’ scheme, arguing that the changes should benefit Oxford Street.
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In a letter to the Planning Inspectorate’s Alison Dyson, Jelkeby said: “As country retail manager and chief sustainability officer of Ikea UK, I am writing to express support for the proposed redevelopment of the site at 458 Oxford Street, occupied by Marks and Spencer.
“With Ikea having recently committed to a significant investment at Oxford Circus and preparing to open our newest London store next year, we are delighted to see the proposal from Marks and Spencer.
“The high street, and particularly a street of such international economic importance as Oxford Street, needs this type of investment and regeneration to continue attracting customers and visitors, as well as providing confidence [in] the UK’s high streets and inspiration to other retailers.
“We believe the development from M&S supports this vision and we are pleased to offer our full support.”
Selfridges’ new owners also recently revealed they are supporting M&S’s plans.
Those against the plans argue that the 90-year-old landmark store should be refurbished rather than knocked down.
Opponents of the redevelopment say the scheme would release almost 40,000 tonnes of carbon into the atmosphere.
Almost 5,000 people have signed a petition by the historic buildings campaign group SAVE Britain’s Heritage against the M&S proposal.