Post Office launches search for retail partners for 70 crown post office branches
Local and national retailers invited to bid for the chance to operate Post Office branches in high streets and city centres across the UK.
These branches are part of the current Crown network of 370 branches which are directly managed by the Post Office.
The Post Office is expecting strong interest from both independent and national retailers wanting to operate a Post Office branch from their premises. There has already been keen interest from retailers from across the UK. Even before announcing the application process the Post Office has received over 150 expressions of interest from potential retail partners who want to benefit from increased footfall into their store and the income they receive from selling and transacting Post Office products.
Kevin Gilliland, Network and Sales Director at the Post Office said, “We already have over 10,000 branches which operate through franchises and agreements with retailers so we know this model works. These branches offer access to the wide range of Post Office products including travel, financial and mail services.”
Never Miss a Retail Update!Crown branches make up three per cent of the 11,800 Post Office network. If a suitable retailer is found then a six week public consultation will be carried out before any move takes place. The Post Office is proposing to franchise 70 branches as part of its plans to transform its network and bring it back into profitability.
All completed applications must be submitted by close of business on 27 May 2013.
