Thomson, First Choice Announce Significant Retail Expansion

While experts are indicating that the number of empty shops on Britain’s high streets has risen - the percentage currently stands at 12.4 percent, up from 10 percent in the middle of 2009, Thomson and First Choice have outlined plans to open approximately 30 new shops over the next two years.

The findings are further confirmed by a report published last month suggesting that the retail travel industry has every reason to be optimistic. The number of adults using a travel agent has increased by 6 percent between 2005 and 2009.

Having only recently embarked on a re-branding program for 40 First Choice Holiday Hypermarkets to either Thomson or First Choice Holiday Superstores, the expansion proposals are good news for the travel industry and underline the company’s confidence in the retail sector.