Poundstretcher on expansion trail as it spots 'gap in market'

Value retailer Poundstretcher is pursuing an ambitious expansion strategy as it aims for a total of 900 UK stores and prepares to debut overseas in the Middle East.

The international expansion will make Poundstretcher the first value retailer to expand outside the UK and Ireland, signifying the sector's potential for growth overseas.

Poundland and 99p Stores both launched in Ireland last year.

Poundstretcher is opening its first international store, at the Madina Mall in Dubai, under the Poundstretcher banner. The shop, which will open in...