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Poundland set for 30 new store openings

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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Poundland has announced that it is set to open up to 30 Poundland and Dealz stores across the UK and Ireland over the 12 months to 30 September 2021.

The discount retailer also revealed that it brought 29 stores out of “hibernation” in February, and plans to reopen a further 43 on 12 April in England, Wales, and Ireland.

Moreover, six further stores will follow suit upon the easing of restrictions in Scotland, while 12 Pep and Co fashion sites are set to reopen on Monday 12 April.

Some 250 jobs will be created by the end of September 2021 as a direct result of the openings and reopenings, adding to the over 400 new Poundland jobs created in the current financial year.

Barry Williams, managing director at Poundland, said: “We know too that many will be making their first tentative steps back into their town centres after being away for some time – we can’t wait to welcome them and say hello. Come see how we’ve changed.”

Moreover, Poundland revealed that it was “pressing ahead” with its £25m transformation programme launched in July 2020, which includes openings, relocations, refurbishments, and distributions network investments.

Williams added: “We’re cracking on with our transformation programme and our investment in new stores, refurbishments, new ranges and distribution. 

“With the challenges faced by high streets, that’s good news for our customers, our colleagues and our communities.” 

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