Thursday, July 25, 2024

Marks & Spencer to Open New Flagship Store in Bristol’s Cabot Circus

Marks & Spencer (M&S) plans a major return to Bristol city centre, with the launch of a new iconic store at Cabot Circus The impressive 80,000 sq ft is part of the retailer’s £21 million investment. This is expected to create around 150 new jobs in the area.

Flagship store M&S will offer a full selection of food, clothing and beauty products, showcasing the best the brand has to offer. This opening is part of M&S’s wider store transformation strategy, which aims to ensure the retailer runs the right stores in ideal locations with enough space to serve and inspire customers.

Cabot Circus will be a valuable addition to existing M&S stores in Bristol, including locations in Avonmeads, Eastgate, Imperial Park and Whiteladies Road, as well as the Cribbs Causeway stores currently being offered by the retailer the improvement It is changing.

The announcement was made at M&S’s annual general meeting (AGM), where chief executive Stuart Machin highlighted the importance of the new store. “To announce our return to Bristol city center today is fantastic. At Cabot Circus we are able to create a supermarket that offers customers the best shopping experience and showcases the best of M&S.” Machin said he emphasized that the store transformation program is designed to put stores in suitable locations to attract and incentivize shoppers. The £21 million investment is testament to M&S’s commitment to expanding its presence in the South West.

The new Cabot Circus store is part of a wider expansion plan announced in M&S’ full-year results. The retailer intends to open four new full-service stores and up to nine new food halls across the UK in the current financial year.

Rita-Rose Gagne, chief executive of Hammerson, the property management company that manages Cabot Circus, expressed her interest in continuing to work with M&S. “We are delighted to continue to expand our partnership with M&S in Cabot Circus after seeing the positive impact of their presence in our other locations. M&S is a brand synonymous with our core containers, and this new store will support our strategy to create a thriving, leading destination in Bristol city centre,” Gagne said

M&S now operates more than 45 stores across the South West, employing more than 4,000 associates and partnering with more than 1,100 selected farmers in the region This latest investment in Cabot Circus stands at almost £6 million in South West stores over the past three years, underscoring the retailer’s ongoing commitment to the region.

In summary, M&S’s return to Bristol city center with a flagship store in Cabot Circus is a major boost for the retailer and the city. With significant investment and set to create more jobs, M&S is set to strengthen its presence in the South West and deliver an enhanced shopping experience This strategic move is the retailer’s wider objective to upgrade store locations and expand its footprint across the region.

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