RETAIL WEEK KNOWLEDGE BANK: COMPANY PROFILE
Did you know... that Poundstretcher has a single international outpost - in Dubai?
Like-for-like sales growth of 5% in 2011/12 was one of retailing’s stronger performances, while overall growth of 13.1% - bolstered by the addition of a net 43 new outlets during the year - took sales to just short of £350m.
Profitability remained at relatively marginal levels, however, presumably partially reflecting the ambitious store development programme, with the operating margin remaining static at 0.6%.
From store level to board room, Retail Week Knowledge Bank analyses company strategy, predicts intentions and details vital financial records across every retail sector