TK Maxx is set to open its second flagship store on Oxford Street later this year. The 22,500 sq ft store will be spread across two floors and is situated at Mount Royal 508/540 Oxford Street, which includes a 70 ft frontage on the busy street. This comes as Superdrug has also renewed its lease for its 8,000 sq ft store for an additional ten years.

Mount Royal owner Great Portland Estates head of retail Sarah Goldman said: “We are thrilled that TK Maxx has selected Mount Royal for its latest London flagship, and that Superdrug has renewed its commitment with us for another 10 years. Both deals are a positive reflection of the growing investment into the western end of Oxford Street and contribute to the street’s ongoing retail transformation.”