Mountain Warehouse to open another 50 stores as in-store sales surge

Georgia Wright
Mountain Warehouse
NewsSport and Leisure

Mountain Warehouse is set to open another 50 new stores next year.

The outdoor retailer is pursuing an ambitious expansion strategy, both in the UK and internationally, driven by a surge in demand for in-store shopping.

This year, the business will add around 50 locations worldwide, bringing its total to approximately 370 stores across nine countries, The Times reported.

Mountain Warehouse founder and CEO Mark Neale told the title: “We think there is lots of life left in lots of our high streets.”

“All that death of the high street stuff has been a bit overdone. We’re definitely very positive about physical retail at the moment.”

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Last month, the retailer said its sales surged to a record high of £386m in the year to February 25.

It bounced back into the black over the year, making a £26.2m pre-tax profit, compared with a £1.5m loss the year prior when it was hit by incremental Covid-19 costs.

Neale put its strong performance down to shoppers flocking back to the high street post-pandemic and to capitalise on this, it opened 28 stores over the year, and 20 more since the year end.

Store sales climbed 7.1% over the last year, helped by the new stores.

The new Mountain Warehouse stores included 21 in the UK where it more than doubled the size of its Covent Garden branch and took on the ex-Wilko site in Cornwall, as well as eight international shops, including its first in Australia in Brisbane.

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NewsSport and Leisure
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Georgia Wright

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Mountain Warehouse is set to open another 50 new stores next year.

The outdoor retailer is pursuing an ambitious expansion strategy, both in the UK and internationally, driven by a surge in demand for in-store shopping.

This year, the business will add around 50 locations worldwide, bringing its total to approximately 370 stores across nine countries, The Times reported.

Mountain Warehouse founder and CEO Mark Neale told the title: “We think there is lots of life left in lots of our high streets.”

“All that death of the high street stuff has been a bit overdone. We’re definitely very positive about physical retail at the moment.”

Related Story

Last month, the retailer said its sales surged to a record high of £386m in the year to February 25.

It bounced back into the black over the year, making a £26.2m pre-tax profit, compared with a £1.5m loss the year prior when it was hit by incremental Covid-19 costs.

Neale put its strong performance down to shoppers flocking back to the high street post-pandemic and to capitalise on this, it opened 28 stores over the year, and 20 more since the year end.

Store sales climbed 7.1% over the last year, helped by the new stores.

The new Mountain Warehouse stores included 21 in the UK where it more than doubled the size of its Covent Garden branch and took on the ex-Wilko site in Cornwall, as well as eight international shops, including its first in Australia in Brisbane.

Click here to sign up to Retail Gazette‘s free daily email newsletter

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