Discount retailer Home Bargains is set to open its second store in Barnstaple, North Devon, this Saturday, June 27, 2026, as part of its ambitious expansion plans targeting up to 1,000 UK branches. The new outlet, located on Rose Lane near Tesco, represents a £4 million investment and has created 76 local jobs, including 64 new recruits.
Store Features and Investment
The 28,395 square foot store will open its doors at 8am and joins the retailer's existing Barnstaple branch at Roundswell. It features a large garden centre and a spacious café and bakery, offering a wide range of products including homeware, health and beauty essentials, sweets, snacks, drinks, and fresh and frozen food.
Robin Bryce, the new 'Barnstaple 2' store manager, expressed his enthusiasm: “After serving the local community in our Barnstaple store in Roundswell, I'm thrilled and excited to be opening the new site over at Rose Lane which comes with a large garden centre and a spacious café and bakery. Looking forward to seeing familiar faces and hopefully a lot of new ones too.”
Bryce added: “Our second Barnstaple location will be a great store for us, and we’re proud to be able to offer local people top-branded goods at exceptionally low prices.”
Financial Performance and Expansion Strategy
The opening comes months after Home Bargains' owner, TJ Morris, reported an 8% rise in turnover for the full year to June 2025, reaching £4.5 billion, driven by estate expansion. Operating profit also increased by 13.3% to £492 million during the same period.
By the end of that financial year, Home Bargains operated 632 retail outlets and stated its intention to increase that number over the following 12 months. The company has outlined long-term ambitions to open between 800 and 1,000 stores across the UK.
Network Infrastructure Overhaul
Earlier this year, Home Bargains unveiled plans to overhaul its network infrastructure through a new partnership. In November 2025, the company appointed Evolve Business Group to deliver a fully managed network solution across its UK store estate, aiming to boost security and operational efficiency.
