After a year as Eastleigh’s biggest eyesore, Woolworth will be reopening as a branch of Poundland it has been announced. It will start trading in February and is currently advertising vacancies in the Job Centre.
This is the second piece of good news this week for the towns 2000 job seekers.
Yesterday the Daily Echo reported that Knights Rail Services were planning to expand and would create another 400 jobs in the process.
Poundland plan to open 30 new stores this year, 12 of them former Woolworth branches and so far over 100 former Woolworth staff have been taken on.
Chief Executive Jim McCarthy commented:
“We are proud to have been able to offer employment to so many ex-Woolworths staff who bring great experience to Poundland.”
Poundland announced a 47% surge in profits this year and their trading figures for the Christmas period shows a 4.4% increase over the previous year.
When Poundland opens it will join the already established ‘99p store’ and the newly opened ‘89p Extra’ store to bring the number of discount retailers in the town to three. (See’ Store Wars’ story December 29th).
The former Woolworth store occupies a prime location on the southern side of Leigh Road pedestrian precinct, sandwiched between a pawnbroker and a bookie with a boarded up pub, further empty shop units and a Kentucky Fried Chicken for company.
Poundland,89p extra and 99p stores. Is there a market for three discount shops in Eastleigh? Which do you think might fold first?