Poundland’s retail expansion set to create almost 800 jobs
Poundland today announced that 2023 would see the “biggest transformation” of its store estate as it plans to open and relocate at least 50 new stores.
From now until the end of September 2023, Walsall-headquartered Poundland will add around 500,000 sq ft in retail space and create between 750 and 800 new retail roles.
The retail expansion programme will see the firm add whole new categories such as clothing, homewares, and chilled and frozen food to offer customers an alternative to big supermarkets.
Plans include the opening of Britain’s biggest Poundland in Scotland – a 18,380 sq ft store at Glasgow Crown Street which is set to open in March, joining recently-opened supersized stores in Nottingham, Teesside, Denton and Peterborough.
In total, there are eight confirmed openings planned for January to March, with another six in the final stage of lease negotiations.
Another 26 stores are planned for April to June and 13 more are pencilled in for the second half of the year, with additional locations added once agreements with landlords have been secured.
Poundland managing director Barry Williams said “We know how customers appreciate the effort we’ve made in the last few years to transform our offer, offering them more of what they want to buy, week-in, week-out.
“That transformation means we have to step up our search for the best locations to bring the best of Poundland to customers across the UK and that’s precisely what we’ll do in 2023.
“We will continue to work hard to find the right locations that suit the range of Poundland formats we now offer – from small neighbourhood convenience stores to our large destination stores.”
It opened 18 stores its first financial quarter (October to December), including eight on “Super Saturday” (10 December) alone.