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Gloucestershire Business News

Poundland to open 75 new stores in three months

Poundland is planning to open 75 new stores over the next three months.

The discount retailer, which has stores in Gloucester, Cheltenham and Tewkesbury, is embarking on its largest three-month growth programme in its history.

The rapid expansion plans include a mix of new stores and relocations of existing branches, reports Retail Gazette.

The business is continuing the conversion of the 71 Wilko branches it acquired last month - with 19 more to open in the next two weeks, bringing the total number of stores to 56.

Poundland managing director Austin Cooke was quoted as saying: "To open 75 stores in the space of a single quarter is nothing short of a super-human effort from every member of the Poundland team. To each and every one of them I say 'thank you'.

"But we're working at this pace because we're on a mission - ambitious to grow, create jobs and serve new communities by opening shops customers and communities can be proud of."

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