Poundland tops the ranking owing to its acquisition of 99p Stores, while a large number of c-store operators make the top 30.
According to data compiled by the Local Data Company, Poundland was the fastest growing retailer in the past 12 months because of its acquisition of 99p Stores, with all stores being converted by the end of summer 2016.
|Rank||Fascia||Net openings||Live units||Units in 2015||% growth|
|5||Marks & Spencer Simply Food||54||528||474||11.39|
|15||Savers Health & Beauty||25||328||303||8.25|
|17||Bensons For Beds||21||268||247||8.5|
|=18||Currys PC World||19||256||237||8.02|
|=18||Bargain Booze Select Convenience||19||141||122||15.57|
|21||Pets at Home||16||416||400||4|
|26||Holland & Barrett||13||683||670||1.94|
Given the strong growth in the convenience market, it was perhaps not a surprise to a see a sizeable number of convenience store formats represented.
This included symbol groups McColl’s and Spar, but also the c-store operations of Tesco and Sainsbury’s.
Sainsbury’s is now also represented in the list through Argos, which added a net 33 outlets over the 12-month period.
H&M, TK Maxx and Peacocks show that there are still expansion opportunities for more value-oriented fashion retailers, with these retailers growing by a combined total of 43 stores.
There was also a healthy representation from the general merchandise discounters. Apart from Poundland, the top 30 included Poundworld, B&M and Home Bargains.
Value retailing in general was a recurring theme, with retailers such as Card Factory, The Works, Aldi and Savers also featured in the ranking.
Apart from the discount sector, builders’ merchants (15.7%) and hardware merchants and ironmongers (12.7%) were the fastest growing categories.
This group was led by Screwfix, which added a net 50 stores to take its network past the 450 mark. The business is expected to remain highly ranked over the coming years as it looks to expand to 600 UK stores.
Data on which this report is based is collected by physically visiting town centres and out-of-town locations across the UK (excluding Northern Ireland).
650 major UK towns, 898 shopping centres and 1,234 retail parks are updated on a six- or 12-month cycle.
Data received from the field is verified once again in the office before publishing to clients.
Excludes leisure operators. Data from October 2015 to October 2016.
Source: Local Data Company