Easy as one, two three for Poundland

POUNDLAND has confirmed it will return to simple £1, £2 and £3 grocery pricing across all its UK stores as the chain looks to turn around its fortunes after avoiding administration.

- BY RECORD REPORTER

The discount retailer pledged to price around 60 per cent of grocery items at £1 across its estate following the changes, which comes after a five-month pilot at 17 stores in the West Midlands.

It said the move will see it go “back to its roots” and mark “the end of additional price complexity”, with simple pricing set to be rolled out across goods in the coming months.