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MaxiSaver to open 20 more stores this year

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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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MaxiSaver has announced plans to open another 20 stores this year, in a move that is set to create hundreds of jobs.

The retailer opened eight stores throughout the Midlands since August last year with its first store in Hinckley’s Britannia Centre, creating approximately 100 jobs so far.

The retailer is now actively searching for new premises that offer between 2,500 sq ft and 6,000 sq ft of sales space in towns and cities across a “vast geographical area”, and is also on the lookout for larger out-of-town units covering up to 15,000 sq ft.

Paul Mathers, managing director, MaxiSaver, said: “Each store will initially create 10 new jobs, so we will also be recruiting 200 people across our store network this year, as well as growing our head office team in line with our ongoing expansion strategy.

“Within two years our aim is to have most major towns in the country enjoying the benefits of MaxiSaver.”

He added: “Although the Covid-19 pandemic has resulted in lots of people predicting the end for the British high street, there’s no doubt people are still keen to visit real shops.

“Consumers want convenience, vast product choice and value for money, which is what appeals about online shopping, and there’s no reason why we can’t offer these three fundamentals on the high street.”

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