Poundstretcher is a chain of discount stores trading within the UK. They may now be operating under the company of “Bargain Buys” following a financial restructure, but this information has not been confirmed to the public or changed their advertising presence at the moment. They run more than 400 stores across major towns and cities. Some of these stores are their main line of stores but they also run Poundstretcher Extra stores which are bigger shops. Their products can vary quite significantly.
They sell homeware, children's toys and games, food and drinks, outdoor accessories, storage solutions, health and beauty products, clothing and stationery. The store does sell largely unbranded products, but you can pick up items such as Disney toys in the children’s section, and branded sweets and chocolate. This store also has a small refrigerated foods section where you can find milk and cheese, basic household food items. Interestingly, Poundstretcher had a slight linguistic rebranding from “£-stretcher” to the current spelling of the business.
Their stores are well distributed throughout the UK and can be easily accessed by most of the population, opening and closing times may vary. The cities with the most Poundstretcher outlets include London, Glasgow and Manchester. Identifying one of their 400-plus stores is really easy. Their establishments bear the business logo. The logo is simple and it includes the business name written in white on a three-toned background. From left to right the background colour shifts from red to orange to yellow. Their stores follow similar branding using yellow, white and red colours. Some of their stores still have the old “£-Stretcher” branding on them as this has not been updated.
The majority of their stores have extended business hours and are open seven days per week, so you’re sure to discover a Poundstretcher near you open today. From Monday through to Friday they are open between 8.30am and 8pm in larger retail centers, however Poundstretchers which are in city centres may close around 5pm, the same as other shops in the area. Weekends have slightly fewer business hours as they close at 6pm on Saturdays and are open from 10am to 4pm on Sundays. However, trading times may differ between stores and especially on New Year's Day, Good Friday, Easter Monday, Christmas, Boxing Day and bank holidays. They may also differ in certain locations and for late night shopping events. It is always best to search for specific opening times for a specific Poundstretcher branch by using a store locator to find one open today near you.
Poundstretcher may have become part of the furniture on the UK’s high streets and in shopping centres, but there are many little facts and pieces of information about the company that the regular customer or not-so-regular customer will not be aware of. These include:
The chain of stores offers much of the same products. They sell seasonal products to cater to the changing climates and calendar events, different types of convenient items for homes, and toys and games for children. They also sell food and drink, but this includes confectionery, snacks, condiments and staple foods rather than extensive grocery-style stock. Other popular products from their establishments include gardening tools, bedding, storage boxes, household appliance, clothing, footwear, stationery and health and beauty products and bathing essentials. It is evident from their extensive range of products that they cater for many different shoppers. Products can be purchased in one of their stores and prices can be consulted via their official website.
Stephen Fearnley and Paul Appell founded Poundstretcher in 1981. Eight years later, the company became a subsidiary of a construction firm by the name of Brown & Jackson plc, who then went on to be taken over by a South African retail giant, Pepkor. The new owners decided to release their subsidiaries apart from Poundstretcher. They attempted to rebrand Poundstretcher to “…Instore”. However, the rebranding was unsuccessful so they changed the branding back. Other rebranding modifications followed with a series of slogan changes. They are very active on social media channels with campaigns that range from innovative to marginally offensive, sometimes coming to the attention of national media and advertising watch dogs.
Poundstretcher then progressed to buy other stores from closing retailers and groups going into administration. Nowadays, it remains uncertain if the original Poundstretcher chain now trades under the name of “Bargain Buys” because no information has been disclosed to the public regarding ownership.