Global retail giant Harvey Norman is in advanced talks to make The Gracechurch Centre in Sutton Coldfield its new UK headquarters, including the opening of a new store and UK office.
This deal, instigated by West Midlands Mayor Andy Street, would see a significant investment into Sutton Coldfield, in addition to a multi-million-pound investment already committed by the West Midlands Combined Authority (WMCA).
Andy Street said: “Harvey Norman is a global retail powerhouse that I am excited to welcome to the West Midlands. The new owners of The Gracechurch, BPG and SAV Group, are committed to regenerating Sutton Coldfield's town centre, and the arrival of Harvey Norman will be a major statement of intent by all involved.”
Harvey Norman, an Australian-owned lifestyle, technology, and entertainment retailer with 317 stores worldwide, continues to expand its global footprint with a 'string of investments' across the Midlands, adding to its UK portfolio. Sutton Coldfield would be Harvey Norman’s second UK investment and second in the West Midlands, having already announced plans to open a store at Dudley’s Merry Hill shopping centre.
Katie Page, CEO of Harvey Norman, said: “We believe that The Gracechurch Centre in Sutton Coldfield has enormous potential, and we hope it will be a fantastic UK headquarters for us for many years to come.”
Plans to regenerate Sutton Coldfield's Gracechurch Centre continue to win support from stakeholders and businesses across the region.
Anton Nikolaenko, investment director of SAV Group, said: “We are working closely with all parties to welcome Harvey Norman to Royal Sutton Coldfield. The people of the town deserve a quality retail offer, and we hope to make further announcements in the near future.”