{"id":16996,"date":"2026-04-28T14:36:42","date_gmt":"2026-04-28T14:36:42","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/wickes-head-of-property-on-the-chains-ambition-to-hit-300-stores\/"},"modified":"2026-04-28T14:36:42","modified_gmt":"2026-04-28T14:36:42","slug":"wickes-head-of-property-on-the-chains-ambition-to-hit-300-stores","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/wickes-head-of-property-on-the-chains-ambition-to-hit-300-stores\/","title":{"rendered":"Wickes head of property on the chain&#8217;s ambition to hit 300 stores"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div itemprop=\"text\">\n<p><span style=\"font-weight: 400;\">Known for its \u201ccan do spirit\u201d and \u201cwinning\u201d attitude, Wickes is a brand that knows how to get the job done.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After reporting full-year profit ahead of expectations, the DIY giant is now embarking on plans to grow to 300 stores nationwide.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wickes currently has 230 trading stores across the UK.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is aiming to open an additional four to five stores in 2026, and to refit or refresh 15 to 20 locations, before accelerating its rollout from 2028 onwards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And despite having formidable rivals such as B&amp;Q, Screwfix and Toolstation, head of property Kate Thompson insists that \u201cdetailed analysis\u201d it has carried out suggests there is \u201cheadroom in the market\u201d for it to hit this number.<\/span><\/p>\n<p><b>What makes an ideal Wickes store?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Wickes sales are split between its three customer segments \u2013 local trade, design &amp; installation and DIY retail.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In terms of its expansion plans, Thompson highlights that this aspect of the business very much plays into where Wickes\u2019 decides to open stores.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt\u2019s very interesting when it comes to location strategy because that means that some of the opportunities that are available if we were purely retail are not actually appropriate in all instances for Wickes,\u201d she says.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><picture loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-203317\"><source type=\"image\/webp\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-2.jpg.webp 2790w\" sizes=\"auto, (max-width: 2790px) 100vw, 2790px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-2.jpg\" alt=\"Wickes\" width=\"2790\" height=\"1412\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-2.jpg 2790w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-2-300x152.jpg 300w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-2-1024x518.jpg 1024w\" sizes=\"auto, (max-width: 2790px) 100vw, 2790px\"\/>\n<\/picture>\nAlthough she notes that Wickes performs well on \u201cmore balanced retail parks,\u201d she says that it \u201closes some of its trade interest in the location\u201d if they are \u201ctoo soft or fashion oriented\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have to be very selective and very considered in our approach to location planning to make sure that we can validly offer that balanced customer opportunity to deliver the most profitable store estate,\u201d she adds.<\/span><\/p>\n<p>Other locations Thompson highlights as being important focuses for new shops include \u201cother roadside opportunities\u201d and \u201csome trade industrial locations\u201d \u2013 as long as it can \u201cdeliver the balance\u201d and it\u2019s not so \u201ctrade oriented\u201d that it removes some of its \u201cretail DIY customer base\u201d.<\/p>\n<p><b>Accessibility and visibility is key<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Thompson highlights that \u201croadside prominence visibility\u201d makes for an ideal Wickes store location.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">She explains: \u201cWe do like a bit of external space, our customers love outdoor working and outdoor project centres are really useful for us.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have customers in and out of our stores from 6:30 in the morning through till 8pm, so accessibility and visibility is \u2013 certainly for the tradesmen to get in and out quite quickly before they start their working day \u2013 a big criteria for us.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite all this, the exec points out that Wickes is looking to be \u201creally agile\u201d and \u201cflexible\u201d with its store requirements at the moment \u201cin order to grow\u201d.<\/span><\/p>\n<p><b><picture loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-198359\"><source type=\"image\/webp\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/01\/thumbnail_crawley_store_front-2.jpg.webp 1068w\" sizes=\"auto, (max-width: 1068px) 100vw, 1068px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/01\/thumbnail_crawley_store_front-2.jpg\" alt=\"Wickes\" width=\"1068\" height=\"712\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/01\/thumbnail_crawley_store_front-2.jpg 1068w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/01\/thumbnail_crawley_store_front-2-300x200.jpg 300w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/01\/thumbnail_crawley_store_front-2-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 1068px) 100vw, 1068px\"\/>\n<\/picture>\nAn evolved store format<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Wickes is a retailer with a huge breadth of products, with each of its stores carrying approximately <\/span><span style=\"font-weight: 400;\">9,000 to 10,000 SKUs.\u00a0<\/span><\/p>\n<p>Despite this, in its latest full year results the brand cited its ability to \u201coperate successfully with full range in smaller footprint stores\u201d.<\/p>\n<p>The group average size of Wickes store is 27k sq ft, while its smaller footprint stores range from 15 to 20k sq ft.<\/p>\n<p>It noted that its smaller stores had given it access to a greater number of potential target locations, and that access to smaller catchments had enabled its new ambition to reach 300 stores.<\/p>\n<p><span style=\"font-weight: 400;\">According to the company, a number of its existing shops are \u201ctrading successfully\u201d with the same SKU range while having a smaller footprint. It also reported they were generating \u201capproximately the same average store EBITDA of c. \u00a30.8m\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thompson explains: \u201cWith our latest drive for new space, we have evolved our format quite considerably.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIn a lot of our new stores, you will see we\u2019ve got a slightly smaller footprint, but we have designed them so that the showroom, for example, goes on a mezzanine level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cFor those customers that are in the store for quite a long period of time seeing our design consultants, it takes that busyness away from that consultation and the rest of the store at the ground floor can then operate in its normal fashion.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">She says that Wickes then designs its ground floors based upon \u201cproject led missions\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIf you think about a customer coming to a store with a particular project in mind, we ideally plan that route around the store so that if they\u2019re looking at paint for example, they can easily see the paint brushes and things like that.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThat\u2019s how we lay the stores out, keeping some of the heavier aggregates and timber and things that the tradesmen are more frequently purchasing all together as well.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">She adds: \u201cWe also keep the outdoor project centers or garden centers distinct. So the ease of navigation and actually finding everything you need for your project is front of mind as we design the store.\u201d<\/span><\/p>\n<p><b><picture loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-203318\"><source type=\"image\/webp\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-3.jpg.webp 2776w\" sizes=\"auto, (max-width: 2776px) 100vw, 2776px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-3.jpg\" alt=\"Wickes\" width=\"2776\" height=\"1488\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-3.jpg 2776w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-3-300x161.jpg 300w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2026\/04\/wickes-3-1024x549.jpg 1024w\" sizes=\"auto, (max-width: 2776px) 100vw, 2776px\"\/>\n<\/picture>\nPhysical stores remain \u201cconsiderably important\u201d in 2026<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Like all retailers in 2026, ecommerce is a big factor for Wickes\u2019 \u201cdigitally-led service-enabled\u201d business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In March, Wickes unveiled a new <\/span><span style=\"font-weight: 400;\">retail media network<\/span><span style=\"font-weight: 400;\"> called \u201cWickes Connected Retail Media,\u201d underpinned by its investment in linking its digital arm with its 230 physical stores.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With 96 per cent of the company\u2019s sales touching one of its physical stores and two-thirds being digitally enabled, it makes striking the right balance between physical stores and ecommerce more important than ever.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thompson affirms that Wickes\u2019 physical stores remain \u201cconsiderably important\u201d to the brand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cI think a lot of our customers are still very much in the mindset that if you\u2019re spending considerable sums of money on a kitchen or a bathroom, you want to touch and feel and actually get a grasp of exactly what it is that you\u2019re investing in\u201d she points out.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSo that\u2019s a really important aspect of the physicality of our offer.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, she also highlights that its physical stores are important to its omnichannel offer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cOur whole store estate acts as mini hubs for distribution, so we can offer delivery to all aspects of our customer base from our stores, either next day delivery or via the Wickes rapid rollout,\u201d the exec explains.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSo that store network actually helps fulfill some of that omnichannel demand as well. So it\u2019s ever important to our overall strategy to have a physical store estate.\u201d<\/span><\/p>\n<p>Ultimately, Thompson insists that Wickes is being \u201cvery considered and very strategic\u201d in its approach to launching new stores.<\/p>\n<p>And after an impressive set of annual results, the DIY giant seems to have a good chance of nailing its goals.<\/p>\n<p><em><strong>Click here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<p><!-- AddThis Advanced Settings above via filter on the_content --><!-- AddThis Advanced Settings below via filter on the_content --><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons above via filter on the_content --><!-- AddThis Share Buttons below via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Known for its \u201ccan do spirit\u201d and \u201cwinning\u201d attitude, Wickes is a brand that knows how to get the job done.\u00a0\u00a0 After reporting full-year profit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16997,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-16996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/16996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=16996"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/16996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/16997"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=16996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=16996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=16996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}