High Street

Poundland unveils plans to open four larger stores

The retailer also revealed plans to bring its chilled and frozen food ranges to around 100 more stores between now and the end of its financial year

Poundland has announced plans to open four new large format stores this year as part of its “ambitious” transformation targets.

The retailer also revealed plans to bring its chilled and frozen food ranges to around 100 more stores between now and the end of its financial year in September.

The first of the large format stores will be at Nottingham Riverside Retail Park, which will open in February with more than 18,000 square feet of retail space.

It will be followed soon after by Teesside Retail Park in Thornaby, with a 15,250 square feet ground floor and a 5,474 square feet mezzanine.

Meanwhile the new year rollout of chilled and frozen foods marks phase six of project Diamond ICE which started with a single pilot store in 2019 and has since been extended across England and into Wales and Northern Ireland.

Barry Williams, managing director, Poundland, said: “I’m so proud of what our colleagues have achieved in 2021 and I’m excited about what we can deliver in 2022.

“The coming year will see us step up our transformation programme – including some of our largest stores and widest ranges – as we become the Poundland we know our customers want us to be.”

He added: “From groceries to clothing, homewares to frozen food, day-by-day we’ll continue to bring much more to customers in new and exciting stores tailor-made for where they live and how they want to shop.”

Back to top button