Grosvenor has announced that Marks & Spencer (M&S) is to join Liverpool ONE, anchoring South John Street in two floors of the former Debenhams. Set to open in mid-2023, the retail giant is relocating from Church Street to create a 100,000sq ft store in a move that reaffirms the brand’s commitment to the city centre.
M&S’s Liverpool ONE investment is part of the retailer’s national store rotation programme, which aims to create an M&S store estate fit for the future, with high quality, high productivity space across the UK.
M&S Liverpool ONE will feature a next-generation Foodhall, clothing and home departments. The store will also include a café and dedicated coffee-to-go section.
Alison Clegg, managing director, asset management, Grosvenor, commented: “The signing of M&S at Liverpool ONE is a great reflection of Grosvenor’s strategy of marrying the needs and wants of consumers to those of leading brands. M&S is seeking modern space that allows it to deliver an enhanced experience for consumers, who themselves are searching for ever-greater choice and value. By working closely with the M&S team, combining our consumer insight with theirs, we have created what we all believe to be a fantastic new store.”
Pete Dobson, regional manager, M&S, added: “We’re really excited to announce the relocation of our M&S store into the heart of the city in Liverpool ONE. The new store will offer the very best of M&S in a prime location in the city centre.”
The signing of M&S completes the evolution of the former Debenhams unit, following the announcement that Gravity Active Entertainment is creating a £10m, 100,000sq ft entertainment experience on the remaining upper two floors.
Metis Real Estate Advisors and CBRE acted for Liverpool ONE. Savills represented M&S.
