Major budget chain reveals plans to open 50 new stores this year

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Major budget chain reveals plans to open 50 new stores this year
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  • 📰 TheSun
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A POPULAR high street chain has announced plans to open 50 new stores. Poundstretcher revealed plans to bring the new shops to the high street before the end of the year. One of the new shops has a…

"This will be the second year in a row we will have introduced a second pay rise in the same year for our store colleagues.

"We wanted to do more to support them and to say thank you for their commitment to quality service and customer care.” In November 2022, Poundstretcher announced they had exited a two-year CVA after repaying creditors at a rate of 12p to the pound. The chain brought in the legal arrangement back in July 2020 to find a way of offloading high-rent stores and has now paid off around £13 million of what it owed.

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