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Gloucestershire Business News

Poundland to create hundreds of jobs

Poundland is set to create up to 800 new jobs, as it opens new stores across the UK this year.

The value retailer plans to open and relocate at least 50 new stores, adding around half a million square feet in retail space, in the biggest transformation of its store estate in its 32-year history.

The retail expansion programme at Poundland, which has stores in Cheltenham, Gloucester and Tewkesbury, will support the expanded ranges which have been introduced over the last three years, including clothing, homewares, and chilled and frozen food to offer customers an alternative to big supermarkets.

The planned openings and relocations will include UK high streets, shopping centres and retail parks.

Over the course of the next nine months, Poundland will continue to take opportunities to relocate from smaller and outdated locations as leases expire.

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.

Barry Williams, Poundland managing director, said: "Our 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."

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