Nov 18 2014

Esther McVey Opens Poundland’s Flagship Depot

Esther McVey Officially Opens Poundland’s Flagship Distribution Centre Depot to Drive UK and European Expansion and Create More Than 6,000 New Jobs

Esther McVey Opens Poundland Flagshp DC

Poundland Group plc (“Poundland” or the “Group”), the leading UK single price value retailer, will today officially open is flagship distribution centre in Harlow, Essex. The depot, which will be Poundland’s largest facility, will help drive growth in UK and Europe and serve the retailer’s entire store network.

The new facility will provide Poundland with the additional network capacity to grow its store estate from 540 outlets to more than 750 stores. More than 6,000 jobs will be created in new stores over the next three years through the opening of the distribution centre.

Esther McVey, Minister of State for Employment, opened the distribution centre today alongside Poundland CEO Jim McCarthy.

Esther McVey said: “It was great to be able to open this new centre in Essex for what is a dynamic British company now expanding its business across the Channel. Helping businesses to export is a vital part of our long-term economic plan and this move will also provide thousands of job opportunities for the people of Essex and the surrounding area. This is further proof that businesses are increasingly confident about the UK’s growing economy and therefore able to expand and help boost our record level of employment.”

The New Poundland Flagshp DC at HarlowThe opening of the centre and investment in Poundland’s infrastructure will enable the company to offer new product ranges to new stores in the UK and abroad. On-shelf availability will become more defined and automatic store ordering for certain ranges will now be extended.

Jim McCarthy added: “The centre will provide greater availability of products to our customers and improved stock management for the business. The depot will also be critical to driving our expansion plans, helping us achieve our long-term target of opening 1,000 stores in the UK, providing Poundland’s amazing value to more customers across both the UK and Europe.”


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