NEW B&M STORE
Discount retailer B&M has announced it is to open in the former Marks & Spencer store in Peterborough’s Bridge Street. The rapidly expanding variety retailer will create 60 jobs when its opens its new Homestore in Bridge Street on March 16.
Bosses say the new addition will not mean the closure of its store in the Boongate Retail Park, which has 100 staff and only opened about six months ago.
AB&M spo kespe rs onsaid: “We have just received the keys for the site so we’re all really excited to get the developm ent underw ayandg ett he doo rs open.
“We’re feeling really positive about the creation of new jobs for local people and we hope customers are going to be delighted with their new store.”
The unit became vacant at the start of last year when M&S closed the store and movedits oper ationsint o arefurbishedstore int he Queensga te shopping centre.
Steve Bowyer, chief executive of economic development company Opportunity Peterborough, said: “This is a commercial decision from a fast-growing retailer who cle arlyseesthep otent ialofth e Peterborough retail market.
“We’re always pleased to hear of newjobsb ein gcr eated in Peterborough and it’s good that the city continues to attract new investment.”
B&Miso neoftheUK ’sfastest gro win gretailers - it had21 stores 12yearsag oand opened its 500th last year.
Its Homestores stock a variety of branded products including toys, food and drink, petrange, health& beautyand homewares.
The store will have an extensive DIY, decorating and furniture range.
The new jobs can be found at www.bmstores.co.uk
Roles range from sales assistants to floorma nagers and cleaners.
It is more good employment news for Peterborough.
Figures show the number of people in Peterborough claiming Jobseeker’s Allowance fell last month to 1,485 from 1,570 in November.
The future home of variety retailer B&M