TK Maxx to Open New Oxford Street Flagship Store 

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11 March 2024

European retail giant TK Maxx will open a second Oxford Street store at Mount Royal, leased by Great Portland Estates.

The retailer will take 22,500 sq ft across the ground and first floor levels, with 70 ft of Oxford Street frontage.

The new site at Mount Royal, 508/540 Oxford Street will be the brand’s second store on Oxford Street, with its existing store located west of Oxford Circus. 

Great Portland Estates has a further 20,000 sq ft of retail space under offer at the western side of Mount Royal, and recently announced that Superdrug has committed to a further ten-year lease at their Oxford Circus store.

Sarah Goldman, Head of Retail at GPE, commented: "We are thrilled that TK Maxx has selected Mount Royal for its latest London flagship, and that Superdrug has renewed its commitment with us for another 10 years. 

Both deals are a positive reflection of the growing investment into the western end of Oxford Street and contribute to the street's ongoing retail transformation. The location speaks for itself, as these retailers are set to join other big-name brands and attractions including Primark, Frameless and the recently signed Moco Museum."

Picture: a photograph from the interior of the current TK Maxx Oxford Street store, showing a wall-mounted LED sign that says "LOVE Oxford St #treasureseekers. A guide to the floorplan of the store is also shown, which guides shoppers to the floors of various departments including accessories, jewellery and click and collect, Image Credit: TK Maxx

Article written by Ella Tansley | Published 11 March 2024

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