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Nigel TAYLOR Published
January 18,LocalStorage快排 2025
In a major endorsement of its big UK growth plans, M&S said Thursday (18 January) it will invest £30 million in bricks & mortar stores across Scotland.
The investment will deliver more than five new store openings and expansions over the next 18 months in Aberdeen, Dundee, Edinburgh, Largs and Linlithgow.
The plans include a £15 million expansion spend on M&S Aberdeen Union Square, almost doubling its size and including bigger clothing, home and beauty departments “all designed to make shopping inspirational and easier than ever before”, said M&S.
Spring 2025 is when the Aberdeen Union Square expansion is scheduled to complete, becoming the fourth biggest M&S in Scotland. The retailer will then be closing its store on St Nicholas Street with all those on permanent contracts transferring over to Union Square or other nearby stores next year, it said.
The expansion plan also includes a full-line store in Dundee’s Gallagher Retail Park, on track to open in the summer.
This new investment for Scotland is on top of £32 million already invested in 11 Scottish stores over the last four years including expansions in Glasgow Silverburn, Edinburgh Gyle, Anniesland, Glasgow West End and Bishopbriggs.
Sacha Berendji, M&S Operations Director said: “This is our biggest ever investment in Scotland [giving] new opportunities for Scottish shoppers to access our best-ever, most inspiringly presented clothing, home and beauty range.”
Rachel Rankine, North East Regional Manager for M&S, added: “The scale of our investment is a vote of confidence in the future of retail in Aberdeen city centre, with a flagship store on the same scale as city centre stores in Birmingham and Liverpool. Where we have already invested in new formats, our customers have responded to the destination shopping experience and Aberdeen shoppers can look forward to having… the best in M&S clothing and home.”
The Scottish investment announced reflects “M&S’s aim to become the UK’s leading omnichannel retailer”. The retailer is aiming to rotate from a base of 247 stores across the UK to 180 “higher quality, higher productivity full line stores that sell its Clothing, Home and Food ranges”.
At the start of last year, M&S set out a £500 million multi-year investment in its store rotation programme across the UK and outlined its ambition to go faster in the programme and target delivery in three years instead of five by FY25/26.