TK Maxx has announced it is to open 18 new stores nationwide by the end of January 2015.

The designer discount retailer is also planning to launch a new store at the Westfield Stratford City shopping centre in London in September.

TK Maxx’s parent company, The TJX Companies, recently revealed that it’s like-for-like sales at its European division increased by 6% year-on-year in its second quarter.