Poundland plans huge three-month expansion drive

27th October 2023 | Jack Oliver

Poundland is planning to open 75 stores over the next three months, with the discount retailer’s pipeline including both new stores and relocations.

The expansion programme is set to be the retailer’s largest ever.

Many of the openings come as part of Poundland’s continuing conversion of the 71 Wilko stores it acquired in September. The retailer is set to convert a further 19 stores over the next fortnight, bringing the total to 56 conversions.

One of the new stores set to open is at the former John Lewis store in Watford.

Austin Cooke, managing director of Poundland, 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 communities by opening shops customers and communities can be proud of.”

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