"Given the strength of investment returns from our proven store refit and new store rollout strategy, we have today announced the decision to accelerate our investment for future growth. This takes our ambition to reach 300 stores nationwide - creating over 2,000 new jobs as we bring Wickes' distinctive offer to new locations up and down the UK."
"Currently operating around 230 stores, Wickes intends to accelerate its new openings in the coming years. The company plans to launch four to five new stores this year and increase that number to at least 10 new openings annually starting in 2028."
"The retailer plans to refresh 15 to 20 stores in 2026, and this number will rise to at least 20 sites each year beginning in 2028 as it upgrades its estate. This strategy was shared alongside the company's latest financial results, which revealed a 14.4% increase in underlying pre-tax profits to £49.9 million."
Wickes is executing an aggressive expansion strategy to grow its UK store network from 230 to 300 locations, creating over 2,000 new jobs. The company will open four to five stores in the current year, increasing to at least 10 annually from 2028 onwards. Simultaneously, Wickes is undertaking a major refurbishment program, refreshing 15-20 stores in 2026 and at least 20 annually from 2028. This expansion strategy is supported by strong financial performance, with underlying pre-tax profits rising 14.4% to £49.9 million and sales increasing 5.9%. Last year, Wickes opened five new stores, including four former Homebase locations, while closing three and refitting others.
Read at London Business News | Londonlovesbusiness.com
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