Poundland benefits as shoppers squeezed
Budget retailer Poundland has said it is opening at least 50 new branches and creating another 2,000 jobs.
Pre-tax profits more than doubled to nearly £20m in the last financial year.
The company took over many of the sites previously occupied by Woolworths.
Chief executive Jim McCarthy said the recession had benefited Poundland's business.
19 Aug 2010
- From the section Business