99p Stores on the hunt for new West Midlands sites
The 99p Stores chain is to open more stores in the West Midlands as it expands to open a further 150 sites in the next three year.
The single price retail business opened its 250th store in Northampton last month and already has stores in Brierley Hill, Cannock, Halesowen, Kidderminster, Walsall, West Bromwich and Willenhall.
It has appointed commercial property consultants Harris Lamb to find and acquire new sites of 5,000 to 10,000 sq ft across the region and in the North of England.
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Tony Brown, chief operating officer of Northampton-based 99p Stores, said, "We have appointed Harris Lamb as they have the capability to drive our expansion plans and seek out the best property opportunities."
David Walton, head of retail at Harris Lamb, added: "99p Stores is a fast-growing empire, with footfall of more than two million customers every week. The business is now keen to increase its footprint across the UK, and has retained us, along with Norbury Sansom in the South of England, Fletcher Morgan in Wales and Wright Buchanan in Scotland, to help identify sites to help them do so.
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"We're now using our knowledge of the UK market to identify high street, shopping centre and retail park locations in major towns and cities that will make suitable additions to the chain," he said.
Mr Walton said the aim was to to have a number of the new stores open before Christmas.
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"We're already in conversations with a number of contacts to help us fulfil that. We're keen to speak with landlords and owners of retail properties that fits these criteria," he added.
One of the firm's competitors is Willenhall based Poundland.
