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Fennies to target commuter belt as part of 'aggressive' expansion plans

Business
Fennies Nurseries is pressing ahead with ‘aggressive’ expansion plans despite the downturn in the early years sector due to the Covid-19 pandemic.

The nursery group, which currently has 11 sites around Surrey, Kent and London, plans to double in size by 2023.

All Fennies settings remained open to the children of key workers and vulnerable families throughout lockdown. Chief executive and co-founder Steven Fenn believes this has enabled the expansion plans, which were in place before the pandemic, to ‘stay on track’.

‘We have got two more sites opening this year and are looking to expand aggressively next year,’ said Mr Fenn.

He added, ‘It is too early to say exactly how things will pan out, but from September our occupancy has pretty much recovered to back where it was pre-pandemic. The main impact has been those months where we could not grow occupancy because of being closed and people being uncertain with what is going to happen. There are lots of people waiting until schools go back before deciding what they will do with younger siblings.’

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