// Home Bargains created more than 2,000 jobs as its sales broke above £3bn
// The business now expects to report a further growth in turnover and profits
Discount retailer Home Bargains has created over 2,000 jobs as its sales surged past £3bn during its latest financial year.
Newly filed accounts for TJ Morris, which trades as Home Bargains, show the Liverpool-headquartered retailer’s turnover increased from £2.7bn to £3.3bn in the 12 months to June 30.
The number of staff employed by the retailer rose 9% from 25,279 to 27,553 as the company ended the year with 552 stores, up from 525, according to BusinessLive.
READ MORE: Home Bargains founder buys 5000 acres of Church of England land in farming bid
The business, founded by Tom Morris more than 40 years ago, said the rise in its turnover was achieved by the opening of new stores, relocating a number of shops and an increased contribution from its existing sites.
Its pre-tax profits also increased from £262.7m to £396.7m over the same period.
With plans to increase that number during its current period, the company added it expects to report a further growth in turnover and profits.
TJ Morris also said its aim is to have betweenn 800 and 1,000 stores open.
The accounts also show that exceptional costs related to Covid-19 dropped during the year from £14.4m to £6.9m.
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