// TK Maxx has kicked off a search for potential new stores in London, building on its existing 58 shops in the capital
// The expansion could mean more smaller-format branches are set to open
TK Maxx has kicked off a search for potential new locations in London, building on its existing 58 shops in the capital.
It is reported that various UK retail property agents have been sent a list of locations that the retailer would consider opening in, said the Evening Standard.
The expansion could see more smaller-format branches open, with areas of central London such as Holborn and Notting Hill on the list.
There are also 28 places named outside of the City and West End that the retailer would potentially look at, including Archway, Barnet, Elephant & Castle and Upminster.
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Working with property consultancies KLM Real Estate and McMullen Real Estate, TK Maxx is looking at 10,000 to 30,000 sq ft of space.
These stores are smaller than some of the recent deals TK Maxx has signed, with the business set to open the doors to a 30,500 sq ft store in Watford this summer.
The news comes as many other retailers including Jigsaw, Pandora, and Quiz are expanding their store portfolios.
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1 Comment. Leave new
Tk aren’t opening 28 stores there looking at 28 potential locations for new store opening. If they are to open any new stores I’m 90% sure it will be on a retail park. out of Tk Max’s 349 ish stores, 178 stores are on retail parks only Next have more stores on retail parks.