Poundstretcher

Poundstretcher Limited
Company typePrivate (Subsidiary)
IndustryRetail
Founded1981; 43 years ago (1981)
FoundersPaul Appell
Stephen Fearnley
HeadquartersKirby Muxloe, Leicestershire
Number of locations
324 (as of March 2023)
Key people
Andy Atkinson (CEO)
Tristan Phillips (CFO)
Products
OwnerFortress Investment Group
SubsidiariesBargain Buys
Websitepoundstretcher.co.uk
An example of a location operating a larger format, here branded as 'Poundstretcher Extra'.

Poundstretcher Limited is a British variety store chain, founded in 1981 by Paul Appell and Stephen Fearnley. The retailer is currently based in Kirby Muxloe, Leicestershire, and since April 2024 has been a subsidiary of the Fortress Investment Group.[1][2]

As of March 2023, the retailer has 324 locations and employs around 4,000 people, with 61 of its locations trading as Bargain Buys.[3]

  1. ^ Pegden, Tom (27 March 2019). "Poundstretcher planning scores of jobs at Leicestershire base". leicestermercury. Retrieved 17 October 2019.
  2. ^ Morgan, Aoife (11 April 2024). "Poundstretcher sold to Majestic Wine owner Fortress as ex-Morrisons exec named CEO - Retail Gazette". Retrieved 11 April 2024.
  3. ^ "Profit and turnover falls at Poundstretcher - but firm remains optimistic for brighter future | TheBusinessDesk.com". East Midlands. 8 January 2024. Retrieved 9 March 2024.