News - Midlands

99p Stores expansion continues

Share | |

The expansion of Northampton-based budget retailer 99p Stores is set to continue with three new store openings.

A new £350,000 Family Bargains store, part of the group which sells "bigger ticket" value items, is to open on Friday (24 February) in Stockport.

It follows a 4,660 sq ft Family Bargains store which opened in Birmingham on Monday (20 February).

The retailer has plans to open ten new stores in the West Midlands this year, which will create 350 jobs, it said.

99p Stores is also set to open its 178th store in March with an 8,500 sq ft, £250,000 shop in Middlesbrough, creating 35 jobs.

Managing director Hussein Lalani said: "The value genie is now well and truly out of the bottle and there is no putting it back in."

The company aims to have 600 stores in the next decade, with sales of more than £300m and 5,000 employees.

 
Powered by Chapter Eight