Majestic has set its sights on 125 new locations as it doubles down on bricks-and-mortar expansion
The wine retailer has identified locations for potential new store openings across England, Scotland, Wales and the Channel Islands as it accelerates its investment into experiential retail.
It aims to open an average of one new store per month in the coming years in a bid to attract new customers, drive sales and win market share – and has drawn up a list of possible locations in all four corners of the country.
The retailer has identified almost 30 locations in central London where it could open smaller format sites, following the success of its “mini Majestic” concept in Harpenden, Crouch End and Marlow – all of which opened during its 2023/24 financial year.
A further 14 areas inside the M25 have been earmarked as targets for expansion, alongside 13 locations in the Midlands, seven in the North of England and Scotland, and three in Wales.
To help accelerate its opening plans, Majestic has appointed Jackson Criss as its fully retained property agent to advise on new store acquisitions and estate strategy. Jackson Criss has already been working with Majestic, having advised on several of its recent openings across the UK.
Majestic chief executive John Colley said: “Experiential bricks-and-mortar retailing is at the heart of what we do at Majestic, and we are committed to opening up to one new store per month during the coming years to help us reach even more customers across the UK.
“In addition to the new stores already in our pipeline for this year, we have identified more than 100 locations across the UK and the Channel Islands that we believe would be a perfect fit for Majestic.”
Image © Majestic
Send feedback to Samantha McClary
Follow Estates Gazette
