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MaxiSaver unveils expansion plans

New variety retailer MaxiSaver has opened eight stores throughout the Midlands since August and now plans to launch another 20 stores this year from Bedford in… View Article

GENERAL MERCHANDISE

MaxiSaver unveils expansion plans

New variety retailer MaxiSaver has opened eight stores throughout the Midlands since August and now plans to launch another 20 stores this year from Bedford in the south to Sheffield in the north as part of its expansion strategy.

The company is actively searching for new premises that offer between 2,500 and 6,000 square feet of sales space in towns and cities across the area and is also on the lookout for larger out of town units covering up to 15,000 square feet.

MaxiSaver sells around 6,000 products that range in price from 29p to £59.99 from brands across the food and drink, household, cleaning, pet, garden, stationery, leisure, seasonal, health and beauty categories.

Paul Mathers, managing director of MaxiSaver, said: “I’ve always felt there was a gap in the market for a convenience style retailer offering high quality products and genuine value, which is exactly what MaxiSaver does. As soon as we opened our first store last August, it became an immediate hit which gave us the confidence to roll-out further stores and in every location, we’ve now welcomed plenty of new customers, who love what we’re doing.

“We are now expanding outside the Midlands and we’re currently searching for retail property that is close to both transport links and other retailers, which will give us good coverage on high streets and in city centres across a large part of England by the end of 2021. It has been a difficult time for some retail landlords, and we are keen to speak to them about what our stores can deliver.”

The company will be recruiting 200 people across its store network this year and will also grow its head office team as it looks to eventually open a MaxiSaver in most major towns in the UK.

Mathers added: “Although the Covid-19 pandemic has resulted in lots of people predicting the end for the British high street, there’s no doubt people are still keen to visit real shops. Consumers want convenience, vast product choice and value for money, which is what appeals about online shopping, and there’s no reason why we can’t offer these three fundamentals on the high street.”

 

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