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Poundland Reopening Second Batch Of Former Wilko Stores

Ten more former Wilko stores will be reopened by Poundland this weekend, following on from the ten reopened last Saturday.

It comes after Poundland bought up to 71 stores from Wilko administrator PwC last month after the high street chain collapsed.

However, reports this week said that the deals by Poundland and B&M to acquire more than 100 former Wilko outlets could partly fall through as the two chains try to negotiate more favourable terms with landlords.

The ten stores reopening this Saturday are located in Melton Mowbray, Matlock, Chepstow, Nottingham, Worcester, Ellesmere Port, Brigg, Redruth, Ferndown, and Pontypool.

The stores have not yet undergone a full makeover to the Poundland format and will initially sell some of Poundland’s range alongside Wilko clearance stock.

Austin Cooke, Managing Director of Poundland, said: “Our people make Poundland special and last week they did an amazing job to turn ex-Wilko stores into brand new Poundlands in just six days – the size and scale of what they’ve achieved has been nothing short of phenomenal.

“But they worked hard because we meant what we said about moving quickly to create jobs for Wilko colleagues. And that’s why we’ll pull out all the stops to repeat that feat and open another ten stores this weekend.”