A DISCOUNT store chain will open its 200th shop in Ringwood this weekend.

The Original Factory Shop will unveil its milestone shop on Saturday, November 18.

Situated at 28 to 30 Southampton Road, the chain said it will offer “great choice and value which is also at the heart of The Original Factory Shop’s business model”.

Phil Briggs, managing director of The Original Factory Shop, said: “To have grown so quickly over the last few years is testament to both our colleagues and customers.

“The opening of our 200th branch is the latest milestone in our expansion plans and like all The Original Factory Shop stores it will benefit from great product choice and delivering good value.”

The Original Factory Shop sells items by leading household brand names across a range of clothing, homewares, and beauty with stock from the likes of Adidas, Nike, Clinique, Olay, Ralph Lauren, Converse, Hugo Boss, and Emporio Armani.

The retailer offers discounts of up to 70 per cent off the recommended retail price.

The Ringwood site was previously occupied by fashion chain M&Co. 

The Original Factory Shop said it is on track to open 25 branches in 2023 and the roll-out has seen it create 200 job opportunities this year.

It currently employs over 2,000 colleagues in the UK. 

The company said it plans to expand its presence on major high streets and open even more stores next year.

Many of the new stores will take over former sites occupied by M&Co.

It said as part of its strategy the business is investing in premium fixtures and fittings as well as introducing member prices for TOFS Club and App members.