26 January 2023 , 07:40
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Poundland has announced it will open and relocate at least 50 new stores in a move that will create up to 800 jobs.
The huge expansion plans will see the budget retailer open half a million square feet of retail space between now and September 2023.
There are eight confirmed openings planned for January to March, with another six in the final stage of lease negotiations.
The biggest Poundland in Scotland – a 18,380 square feet store at Glasgow Crown Street – will open in March.
In February and March, Poundland will will relocate stores in Newport, Llantrisant and Rotherham.
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Other openings planned include full size stores in Aldershot and Castle Bromwich and a new Poundland Local convenience store for East Dulwich.
Poundland will create up to 800 jobs (Bloomberg via Getty Images)Another 26 stores are planned for April to June, with another 13 more are pencilled in for the second half of the year.
Poundland has yet to reveal the locations for these stores, or the exact opening dates for those that have already been confirmed.
The relocations scheduled for this year will consist of upgrading smaller stores as leases expire.
The new stores coming between now and March will range between 3,372 and 18,380 square feet in size.
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.”
Poundland opened 18 stores between October to December last year.
New Poundland openings confirmed so far
- The Spires Shopping Centre, Barnet, north London (new store)
- Friars Walk Shopping Centre, Newport, South Wales (resite)
- Glamorgan Vale Retail Park, Llantrisant, South Wales (resite)
- High Walk, Wellington Centre, Aldershot, Hants (new store)
- Timberley Lane, Castle Bromwich, Birmingham (new store)
- Crown Street Retail Park, Glasgow (new store)
- Lordship Lane, East Dulwich, London (new Poundland Local)
- Parkgate Shopping Park Rotherham, South Yorkshire (resite)