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Gloucestershire Business News

Discount retailer on the way to Lydney?

It looks like discount retailer, B&M, could be heading for Lydney, after Forest of Dean District Council gave planning permission for signage on an old vacant store.

But Lydney is not on the current list of new openings as part of the company's expansion plans, as reported by Gloucestershire Live.

Permission was granted yesterday (21st February) for the signs at the old Nisa supermarket on Hams Road in the town.

The store has previously been a Kwik Save, Somerfield and Harry Tuffins, before it became Nisa, which closed in April 2017 with the loss of 45 jobs.

B&M already has two stores in Gloucester and one in Cheltenham, but none in the small towns in the county.

Lydney Town Council has big plans for regeneration and recently agreed to apply for a £10million share of the £675million pot of government money earmarked for town centre regeneration around the UK.

Punchline said: "If B&M arrives in Lydney, it will be bad news for the high street and jobs in the town. B&M is like an entire high street in one store and it will kill off the town's independent retailers, from pet shops to convenience stores. The company sells goods at rock bottom prices and local businesses just won't be able to compete."

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