B&Q to trial smaller format stores?
Published: 11 January 2010
According to reports in the national press over the weekend, B&Q is set to test a smaller store format across the UK.
Details have not yet been finalised, but it is understood that the smaller stores will be located on the edge of town centres rather than on the High Street. However, the news is likely to be unwelcome at retailers such as Robert Dyas and Wilkinson, the latter of which has recently expanded to fill some of the gap left behind by Woolworths.
According to the reports, plans are likely to be finalised in the second half of this year with the first stores opening as soon as early next year.
The move makes sound sense in the current climate. Smaller format stores will mean less initial outlay for the DIY retailer, can be located in pre-existing premises rather than being purpose built (again reducing costs and start-up time) and, with the abundance of vacant retail space in UK towns at the moment, they are likely to pick up a few bargains in terms of rent.