12 retailers planning to open new stores this year - including B&M and Waterstones The UK high street looks set for a bit of a revival this year with 12 retailers planning to open new stores.
According to recent data from the Centre for Retail Research, around 13,479 high street stores closed for good last year, a 28% increase from the previous year.
However, a number of popular chains seem to be weathering the storm and are planning to open new stores in 2025, including Ikea, Waterstones, The Range and many more.
Although the British high street seems set to collapse, with many chains shutting shop over the last few years, a few businesses are actually planning store expansions over the coming months.
The British high street has suffered since the Covid-19 lockdowns as reduced footfall and higher costs have forced many retailers to tighten their belts and subsequently shut some brick-and-mortar stores.
