99p Stores announces plans to open new stores in Hampshire

Daily Echo: Flashback to the opening of a new 99p Store in Totton in 2009 with lucky trolley dashers Pauline Lee and Sally Cooper. Flashback to the opening of a new 99p Store in Totton in 2009 with lucky trolley dashers Pauline Lee and Sally Cooper.

LEADING discount chain 99p Stores has announced plans to open 70 new stores across the country – including a number in Hampshire.

Last night the company said it was too early to disclose the new branches’ locations, but stressed the county is in its plans due to demand from customers.

The huge expansion, funded by a £25million cash injection from Barclays, is part of a scheme to increase its 240 stores to 310 by 2015.

It already has three Southampton branches, plus stores in Eastleigh, Fareham, Totton, Gosport and Lymington.

Southampton Itchen MP John Denham welcomed the opportunities for new employment after heavy job losses across the county, including 940 positions shed at BAE Systems in Portsmouth and 300 more at chemical firm Polimeri Europa UK Ltd in Hythe.

He said: “The spread of these stores is the sign of the times that people are trying to manage with low incomes.

“These stores will provide jobs for people and any job is better than no job.

“But I am slightly depressed that today’s business opportunities come from the fact that so many people are struggling to make ends meet.

“It will provide jobs for people who need work but we need to build the economy and bring decent wages and business.”

Company chief executive Nadir Lalani who founded the store in 2001 in Holloway in London said: “We know from the popularity of our stores and customer feedback that there is still a substantial opportunity to grow much further.

“This package of growth finance will allow us to move quickly to the next stage of growth, giving more consumers in more locations access to our proposition of quality goods for under a pound.”

Over two million customers visit 99p Stores each week for a range of 3,000 items including food and drink, toys, stationery, toiletries, clothing and gardening equipment.

Comments (3)

Please log in to enable comment sorting

1:15pm Thu 12 Dec 13

Quentin Heslop says...

John Denham sounding like a conservative.
John Denham sounding like a conservative. Quentin Heslop

2:44pm Thu 12 Dec 13

Micle1974 says...

Have you ever been in a 99p store?
Most of the workers don't speak good English and probably were not born in this country.
I don't see people from BAE / Polimeri working @ 99p ?
Have you ever been in a 99p store? Most of the workers don't speak good English and probably were not born in this country. I don't see people from BAE / Polimeri working @ 99p ? Micle1974

4:56pm Thu 12 Dec 13

Lone Ranger. says...

Micle1974 wrote:
Have you ever been in a 99p store?
Most of the workers don't speak good English and probably were not born in this country.
I don't see people from BAE / Polimeri working @ 99p ?
I think that it maybe you that hasnt been to a 99p store ...... if thats your so called observation
[quote][p][bold]Micle1974[/bold] wrote: Have you ever been in a 99p store? Most of the workers don't speak good English and probably were not born in this country. I don't see people from BAE / Polimeri working @ 99p ?[/p][/quote]I think that it maybe you that hasnt been to a 99p store ...... if thats your so called observation Lone Ranger.

Comments are closed on this article.

click2find

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree