Address

Precise Investors

Latest News

M&S Foodhall could open in New Milton

M&S Foodhall

It comes four years after M&S was previously reported to be interested in taking over the old Co-op building

One of the UK’s biggest retailers has unveiled plans to open a food store in a Hampshire town.

Marks and Spencer said it was “interested” in opening an M&S Foodhall in New Milton and would keep the local community updated “as plans progress”.

The proposed site is understood to be a former Co-op store in Station Road – the town’s main shopping street.

The Co-op building was bought by Smith Bradbeer & Co in 2017 about 18 months after the supermarket ceased trading. Smith Bradbeer & Co operates a department store on the opposite side of the road.

Bradbeers is reported to have agreed terms with a “leading national retailer” that wants to occupy the site.

An M&S spokesperson said: We are interested in bringing an M&S Foodhall to New Milton and will keep the local community updated as plans progress.

It comes four years after M&S was previously reported to be interested in taking over the old Co-op building.

Civic chiefs and business leaders welcomed the move, saying an M&S branch would give the local economy a huge boost.

Speaking at the time the mayor, Cllr David Hawkins, said he hoped the opening of an M&S store would attract a large number of extra shoppers to the town.

He added: I’m highly delighted – this is exactly what New Milton would like.

Suna King, the town council’s town development manager, added: A large proportion of people would be highly delighted if M&S came to New Milton.

M&S already has stores at Lymington and Christchurch.

The company’s Lymington branch is a former Waitrose outlet in St Thomas Street. Previous proposals to turn it into an Argos sparked a storm of protest, with critics claiming the scheme would “lower the tone”.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Precise Investors. The information provided on Precise Investors is intended for informational purposes only. Precise Investors is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

Leave a Reply