Tech retailer appoints Savills as it seeks 400 sites
Technology retailer WYE has appointed Savills to advise on its expansion plans as it looks to open up to 400 sites over the next five years.
A manufacturer and supplier of mobile phone and tech accessories, WYE operates through a network of units ranging from kiosks to shops.
WYE’s expansion strategy includes both modular kiosks and full shop fit-outs, with the retailer specifically targeting shopping centre locations. The brand has also developed a solar-powered external design specifically for the out-of-town retail market, which will be rolled out over the next 12 months.
Neil Grice, director in retail at Savills, said: “WYE is redefining the mobile accessories sector across the UK. They have perfected a retail format that can be deployed quickly and adapted to a variety of locations. They are uniquely placed to combine aesthetic appeal with operational efficiency, helping landlords transform underutilised areas into valuable retail space. We are delighted to be working with them on their expansion plans, as they seek to rapidly grow their presence across the UK.”
Haron Noori, group CEO at WYE, added: “Working with Savills represents a significant step forward in delivering on our strategic plans for UK growth, both in the short and long term. It will enable us to bring our high-quality products to a wider customer base, strengthen our market presence, and create new opportunities for innovation and service excellence. Together, we look forward to driving sustainable growth and delivering exceptional value to our customers.”