The Poundstretcher discount chain has announced a 10 per cent pay rise for its store workers following a similar rise just over a year ago.
The business – which recently came out of a Compulsory Voluntary Arrangement (CVA) – said it would give almost 4,000 employees the pay increase from April 1. It applies to anyone who has worked there more than a year, or around 70 per cent of staff.
The Leicestershire-based group previously raised the salaries of all staff with a year’s service by the same percentage back on January 1, 2022, rewarding their hard work following the pandemic and their part in helping turnaround the company’s profits.
