2009 Press Centre
Poundland Snaps Up Ex-Woolies Stores And Staff
Poundland, Europe’s largest single price discount retailer, has bought several ex-Woolworths stores and employed many former employees as it continues to buck the trend and forges ahead with its new store expansion plans.
30 new stores opening in 2009
The retailer has committed to opening at least 30 new stores in the UK over this financial year, creating more than 1,500 new jobs. Twelve of the new stores are former Woolworths stores and further purchases are in negotiation.
Stores have already opened as Poundland in Barrow-in-Furness, Tooting and East Ham and over 100 ex-Woolworths staff have been recruited, including approximately 20 appointed to management positions since January.
One new colleague joined Poundland after 45 years at the Barrow-in-Furness Woolworths and now meets many shoppers that have turned to Poundland for their everyday essentials and top branded items since the local Woolworths closed.
Chief Executive Jim McCarthy commented:
Chief Executive Jim McCarthy commented: “It is fantastic news that Poundland has filled the Woolworths’ gap in a number of product categories and by offering shoppers amazing value on essential household products with a single price point of just £1. We are proud to have been able to offer employment to so many ex-Woolworths staff who bring great experience to Poundland.”
Ex-Woolworths stores opening as Poundland include Kings Heath in Birmingham, Blyth, Wallasey, Farnborough, Airdrie, Glasgow, Alloa, Peckham and Newport.
