// Poundland is undergoing a retail expansion programme in 2023, with plans to open at least 50 new stores
// New openings across the UK include what will be its largest store in Scotland, set to open in March
Poundland has said in the nine months to the end of September 2023, it will open and relocate at least 50 new stores, adding around half a million square feet in retail space, creating 750-800 new retail roles.
The value giant said its retail expansion programme will support the range revolution that’s taken place at Poundland over the last three years, as it adds whole new categories such as clothing, homewares, and chilled and frozen food to offer customers an alternative to big supermarkets.
“Its planned openings and relocations will continue to bring Poundland to a wide range of locations in UK high streets, shopping centres and retail parks,” said the retailer in a statement.
Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into your inbox each morning
The plans also includes Britain’s biggest Poundland in Scotland, a 18,380 square feet store at Glasgow Crown Street set to open in March, joining recently-opened supersized stores in Nottingham, Teesside, Denton and Peterborough.
Over the course of the next nine months, Poundland will said it will continue to take opportunities to relocate from smaller and outdated locations as leases expire.
In February and March it will relocate stores in Newport, Llantrisant and Rotherham.
Other openings planned for March 2023 include full size Poundlands in Aldershot and Castle Bromwich and a new Poundland Local convenience store for East Dulwich.
In total, there are eight confirmed openings planned for January to March, with another six in the final stage of lease negotiations.
Another 26 stores are planned for April to June and 13 more are pencilled in for the second half of the year, with additional locations added once agreements with landlords have been secured.
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.”
Click here to sign up to Retail Gazette‘s free daily email newsletter
