Newmark Retail Supports Procook’s Expansion With 10 New UK Store Locations Secured

October 28, 2024 9:00 AM

Newmark Retail UK & EMEA has advised the UK’s leading direct-to-consumer specialist kitchenware brand ProCook, on securing 10 new stores as part of the group’s strategic priorities to expand its UK retail network to 100 stores over the medium term.

ProCook opened four new stores in the first half of the year in The Lexicon Bracknell, Touchwood Solihull, Metrocentre Gateshead and Westgate Oxford. The brand will open the remaining six stores in the second half of its financial year at Ashley Centre Epsom, Chantry Place Norwich, Princesshay Exeter, High Street Guildford, Merry Hill Birmingham and Castlepoint Bournemouth. This will take the total number of its UK stores to 65.

All the new stores are in popular regional retail destination centres that benefit from strong visitor numbers, supporting increased awareness of the ProCook brand. Performance of the four new stores since opening has been encouraging.

Founded over 25 years ago as a family business selling cookware sets by direct mail in the UK, ProCook has grown into a market-leading, multi-channel specialist kitchenware company, employing over 600 colleagues and operating from its Store Support Centre in Gloucester.

Lee Tappenden, Chief Executive Officer, commented on the expansion of its network of stores;

“We are pleased to be expanding our store network with 10 new stores in prominent retail destination centres. Our growing range of high quality products at an unbeatable value, combined with our outstanding service, resonates very well with customers. These new stores will expand our reach across the UK, enabling improved brand awareness and an increased share of the kitchenware market.

“Newmark has been instrumental in helping us secure these locations, and we look forward to working with them as we continue with our growth strategy.”

Ben Thompson, Senior Surveyor at Newmark Retail who advised ProCook, said;

“ProCook has had a strong financial year as it progresses with new store openings. We are delighted to have played a role in supporting its expansion plans and securing key locations across the UK as the brand continues to grow. We are looking forward to further supporting ProCook’s growth into 2025 and onwards.”

For more information on Newmark Retail UK & EMEA, click here and for further information on ProCook, visit https://www.procook.co.uk/.

About ProCook
ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through 62 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.

As a B Corp, a Real Living Wage employer and a certified Great Place to Work^TM, ProCook is committed to being a socially responsible and environmentally conscious business for the benefit of all stakeholders.

ProCook has been listed on the London Stock Exchange since November 2021 (PROC.L).

About Newmark Retail UK & EMEA
Newmark Retail UK & EMEA is an advisor to retail and leisure occupiers, operating in the UK, Europe and US. It provides real estate advisory services for an extensive collection of high street retailers, as well as for brands in the travel retail, leisure, hospitality, and out of town sectors. It has supported retail markets for 30 years.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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