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Birmingham Post
Birmingham Post
Business
Tom Pegden

Poundstretcher owner Aziz Tayub on keeping price rises down while turning losses into £45m profits

The boss of Poundstretcher says the discount chain is managing to keep price rises to a minimum as British shoppers rein in spending to deal with spiralling inflation.

Chief executive Aziz Tayub said the business had kept price inflation to between 5 and 10 per cent whilst having to meet higher input costs in things such as freight and fuel.

He told BusinessLive: “My prices have gone up slightly but we are still very competitive.

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