The Peterborough Evening Telegraph - - Front Page - By Paul Grin­nell paul.grin­ Twit­ter: @PTPaulGrin­nell

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

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

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