Waterstones to press ahead with store opening programme in 2018

Waterstones to press ahead with store opening programme in 2018

Waterstones plans to press ahead with its programme of opening new premises in 2018, despite the business being up for sale.

Managing director James Daunt told The Bookseller he hoped to open around 12 new shops this year and continue the company’s refurbishment programme. If the planned number of new shops are realised and none close, it will bring the total in the estate to 294 (there were 274 in April 2017).

“Lots of shops aren’t as good as they should be,” Daunt said. “One of the benefits of a more trying retail environment is that the availability of shops goes up. High street banks ...

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