Poundland today confirmed that for the three months to December it plans to open or relocate 75 stores, including the Wilkos it has already re-opened as Poundland.
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00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
00:05 And here are your business headlines for this morning.
00:08 Poundland has today confirmed it intends to open or relocate 75 stores over three months
00:13 to the end of December, which it says is the largest three-month opening programme in its
00:18 history.
00:19 The programme covers both its existing pipeline of new stores and the former Wilco stores
00:24 it has already opened or plans to open as new Poundland stores.
00:28 This month, a discount retailer already opened new stores in Telford and Stafford and it
00:32 plans additional openings and relocations soon.
00:35 The precise opening dates for each of these new stores and relocations will be confirmed
00:39 in the coming weeks.
00:41 New stores Poundland plans to open this quarter include an additional former Wilco in Birmingham,
00:45 six former M&Co units in Portishead, Crewe, Kern, Midsomer, Norton, Famersham, Newport
00:50 and Wells.
00:51 And its new store in Watford will also be a major milestone for Poundland, for it's
00:56 the first time it will move to part of a former John Lewis store, bringing its clothing and
01:01 homeware ranges to a new audience, according to Poundland.
01:05 So a sign there that Poundland certainly is plotting expansion as we prepare for the extremely
01:11 busy Christmas trading season, as it confirms plans to open or relocate 75 stores between
01:18 now and the end of December.
01:22 My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Times.
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