Poundland has announced the opening of 30 new stores, including two large flagship locations.
POUNDLAND is sweeping the high street, with 30 new stores set to open this year, including several flagship stores.
Poundland has announced the opening of 30 new stores across the UK this year, four of which will be among the group’s largest, offering the widest range of items and the most spacious layouts.
Furthermore, the high-street behemoth is expanding its chilled and frozen food offerings.
Poundland plans to open around 100 more stores between now and the end of its fiscal year in September, expanding its popular chilled and frozen food lines.
This will bring the total to around 350 in the UK, putting it on track to surpass 500 by 2023.
Over 30 new stores and relocations are already planned as part of the rollout.
Four of the new stores will be flagship stores, indicating Poundland’s ambition.
Nottingham Riverside Retail Park will host the first of the large-format stores, which will open in February.
It will have a retail space of more than 18,000 square feet, which is three times the size of a typical 6,000 square foot Poundland.
Soon after, in Teesside Retail Park in Thornaby, the second large format store will open.
This location, on the other hand, will be 15,250 square feet on the ground floor and 5,474 square feet on the mezzanine.
These flagship stores will also have a surprise in store because they will sell items that Poundland has never sold before, with details to be announced closer to the opening date.
Project Diamond ICE, which began with a single pilot store in 2019 and has since been expanded across England, Wales, and Northern Ireland, is now in its sixth phase, with chilled and frozen food being rolled out in approximately 100 stores.
The latest phase of construction will begin in February, with details on the other locations where new stores will open to be announced closer to the time.
The addition of chilled and frozen foods to Poundland stores follows the successful acquisition of Barnsley-based specialist Fultons Foods in 2020.
“I’m so proud of what our colleagues achieved in 2021, and I’m excited about what we can achieve,” Poundland’s managing director Barry Williams said.
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