Budget chain 99p stores has announced plans for a new national distribution centre that will allow the retailer to more than double in size in the next three years.

The site – acquired from warehouse operator ProLogis – is double the size of 99p Stores’ current NDC.

The single-price discounter claimed that the 370,000 sq ft facility would be larger than anything operated by its competitors.

It said the £3m investment in the centre would pave the way for up to 300 new stores, following its acquisition of a swathe of former Woolworths sites.

“We are now working with Prologis on our mid-term plan of opening another NDC within four years in the north of England to build our chain to over 600 stores,” said 99p Stores chairman Gordon Brown.

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99p Stores is ‘21st century Woolworths’ (30 January 2010)
Fixed-price stores heading for squeeze as VAT returns to 17.5% (14 November 2009)
Brown named chairman of 99p Stores (17 October 2009)