TK Maxx to open first ever store on Oxford Street

TK Maxx interior

Discount retailer signs for former New Look store to make Oxford Street debut.

The discount fashion retailer has struck a deal to fill the 30,000 sq ft store vacated by New Look at 203-207 Oxford Street.

It has signed a 10-year lease for an annual rent of £2.5m at the four-floor store, which is owned by Pontegadea – the investment vehicle of the Spanish billionaire founder of Zara, Amancio Ortega. The new store will open in spring 2019.

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