Poundworld to launch new small format stores

Single price retailer, Poundworld is launching a new small store concept called Poundworld Express.

The first store will open this month in Wakefield, the town where the company started as a market stall in 1974. Poundworld plans to roll the concept out across the UK in the next 12 months.

Last year, Poundworld launched multi-price chain Discount UK which now has 17 stores nationwide.

Chris Edwards Jnr, Poundworld trading director said: “Poundworld Express will be the ultimate convenience store offering our most popular items at the same recession busting prices. We hope this will be a one stop shop for people hoping to grab everyday essentials from milk to toiletries and cleaning products.

“We already have a high street presence in 120 towns nationwide and will be expanding this reach with our new accessible concept. This is another exciting development for the Poundworld brand as we adapt to changing consumer needs.”

Source : The Retail Bulletin
www.theretailbulletin.com/news/poundworld_to_launch_new_small_format_stores_05-10-11/