Landmark M&S building in West Midlands bought by developer with major plans underway

The site of the former M&S store in Wolverhampton has been bought by ALB Group

The famous store on Wolverhampton's Dudley Street closed permanently at the end of Septembe 2025, after operating in the city centre since 1929.

It’s been purchased by ALB Group, which specialises in the conversion of residential and commercial properties. The group has acquired the site as part of its aim to rejuvenate prominent high street properties across the country, according to Insider Media.

The group’s plans will see the upper floors of the building transformed into 71 apartments, while the ground floor will be reconfigured into a mix of independent and national occupiers.

In August 2025, the retailer confirmed the store would close on 27 September 2025, as part of its national strategy to shift towards more food-led outlets.

What’s been said?

Arran Bailey, managing director of ALB Group, said: "This building has been part of Wolverhampton's story for generations, and we're determined to give it a future that is just as meaningful. Our approach is always about breathing life back into landmark properties that risk falling into long-term vacancy. Wolverhampton has huge potential, and this site deserves to play a major role in its next chapter.

"By creating a mixed-use blend of homes and retail, we're helping build a more sustainable and vibrant city centre. We've done this successfully across the UK, and Wolverhampton is exactly the kind of place where regeneration can make a real difference."

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