Independents’ ‘opportunity’ as multiples reject smaller store sizes

independent retailer store size

Reluctance from the multiples to take on stores below 1,500sq ft has created a “massive opportunity” for independent retailers, new research shows. The study, conducted by location analysis company Maximise UK, shows there are 1,532 remaining sites in the UK fitting supermarkets’ criteria for potential earnings – stores capable of delivering sales in excess of £40,000 a week. However, the majority of those sites – up to 80% – have a selling area of below 1,500sq ft, which is normally considered too small by the multiples. David Haywood, Maximise UK managing director, said: “This is a massive opportunity for independent

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