The Original Factory Shop is looking to capitalise on the growing popularity of discount variety shops with the opening of over 50 new stores during the next three years.
The retailer now has 166 stores across the UK following the opening of two new outlets today and two others in recent weeks. It also launched its first transactional website in November.
Phil Briggs, Managing Director of The Original Factory Shop, said: “Our shops sit at the heart of local life, making a difference in communities. This commitment to store opening targets over the next three years is testament to the importance of convenience stores and the role that our shops play in local life and will help provide more job opportunities locally at a time when they need them most.”
The company also announced that Alistair McGeorge will be re-joining the business as Chairman after previously working for four years in the role up until June 2020. He will be succeeding Matt Williams who took the role last year having been a Non-Executive Director.
McGeorge said: “I am pleased to be re-joining the business at such a pivotal time and I am really excited about the growth plans that are already beginning to come to fruition, led by a superb leadership team.”
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