Discount clothing chain Pep & Co has closed its store in Derby city centre.
It comes three months after the retailer opened another outlet at Kingsway Retail Park, inside a Poundland store.
The business, which sells value women’s, men’s and children’s clothes, occupied a prominent building on the corner of East Street and Albion Street in St Peters Quarter.
How the store looked before it closed
Today, it stands empty – with all stock taken over to the Kingsway store, which opened in April.
The city centre building vacated by Pep & Co is a few doors down from where a new TK Maxx store is due to open in early 2018.
Manchester-based Excell Construction are on the site, in Albion Street, and are in the process of combining three units into a 22,000 sq ft store.
TK Maxx will occupy the basement, ground, first and second floors. Shoppers will be able to browse stock – including clothing, homeware and giftware – on the ground and first floors.
Work to create a new TK Maxx store in Albion Street is underway
St Peters Quarter has become a focus for major regeneration plans and it is hoped that after sealing the deal with TK Maxx, more tenants will follow. Redefine International, which owns many of the retail units in Albion Street, has described TK Maxx as an “anchor tenant”, which will be a “significant attraction” to shoppers.
Source: Derby Telegraph