Poundland to open or relocate 75 stores in three months

Poundland has announced plans to open or relocate 75 stores over the next three months.

The discount retailer said that the move represents the biggest 12-week programme in its history.

The new stores will cover both its existing pipeline of new locations and the former Wilko stores it has already opened, or plans to open as new Poundland stores.

56 former Wilko stores are set to be trading as Poundland as early as 4 November, with 19 former Wilko stores opening over the next two weeks.

This month the chain has already opened new stores in Telford and Stafford.

The company said that new stores Poundland plans to open this year include six former M&Co units, as well as part of a former John Lewis unit.

Austin Cooke, Poundland’s managing director said: “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 places by opening shops customers and communities can be proud of.”

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