Next to expand Trafford Centre shop, while closing another nearby

The retailer has taken an additional 22,000 sq ft at the shopping complex and will shut down its 21,000 sq ft home store, located within the neighbouring Trafford Palazzo. 

Next has signed a new 10-year lease on its existing 45,000 sq ft store on Regent Crescent. In addition, the company has increased its footprint up to 67,000 sq ft by expanding into vacant space within adjoining units. 

This will allow the retailer to bring its clothing, beauty, and home ranges under one roof at the Trafford Centre, which is owned by CPP Investment Board. 

As a result, the Next Home store within Peel L&P’s Trafford Palazzo complex will close. 

Overall, Next’s strategy results in a 1,000 sq ft net increase of its footprint at the Trafford Centre and Trafford Palazzo. 

“This is a significant signing for us and an exciting step for everyone involved,” said Rhys Evans, director at Pradera Lateral, the Trafford Centre’s asset manager.  

“The deal represents a true partnership between Trafford Centre and Next, whereby both parties will be working together to create an exceptional shopping environment. The new store will dramatically increase Next’s presence and impact on the mall and provide a seamless customer experience.” 

Mike Barrow, area manager at Next, added: “We are excited to be able to bring all of our products together in one destination within the Trafford Centre.  

“This is a really exciting opportunity for Next and will ensure we are able to provide a better product offering and, more importantly, the best customer service within Trafford Centre.”