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Royal Mail to Rebrand 8,000 Collect+ Stores After £43.9m Stake Purchase

The deal signals a parcel‑first push under EP Group ownership.

Overview

  • International Distribution Services bought a 49% stake in Collect+ for £43.9 million, with PayPoint indicating a £90 million valuation for the business.
  • Nearly 8,000 convenience locations will operate as Royal Mail Shop, selling postage over the counter for the first time and offering evening and weekend hours.
  • About 500 outlets have already been rebadged, with broader rollout beginning from October and self‑service kiosks slated for early 2026.
  • Royal Mail will hire roughly 20,000 temporary workers and add four seasonal sorting centres in Atherstone, Milton Keynes, Northampton and Daventry to handle peak parcel volumes.
  • The expansion comes as Royal Mail prepares to switch second‑class letter deliveries to every other weekday from 28 July next year in response to falling letter demand.