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Selling space reached around 700,000sqft at off-price furnishings retailer HomeSense in the year to end January as its store footprint increased.


The retailer — part of the US owned family of retail businesses that also includes TK Maxx in the UK — opened five new stores to reach 33 year-on-year.


It reached that figure by the summer/autumn of last year with a flurry of openings that included units at Lincoln, Fort Kinnaird, Swindon, Cheltenham and Salisbury.


Store numbers have been static in the period since. HomeSense has historically signposted new store openings well in advance.


Year to 2nd February 2014 sales increased 12 per cent to £87.6m for HomeSense with the figure likely to have passed £100m in 2014–15.


US parent TJX grew global sales by 6 per cent to $29.1bn as it opened a net 176 stores to end January with 3,395 shops across the world.


Though store openings for HomeSense have slowed in recent months, TJX said its European division would still open 50 stores this year, including a launch for TK Maxx into Austria and the Netherlands.



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