Poundland has snapped up eight former Peacocks stores - and is planning on buying more.

The new stores will add more than 40,000 sq ft to Poundland’s floor space, create about 220 new jobs, and boost the discounter’s portfolio to just under 400 stores.

The first three stores will open in Seacroft, Haringey and Newmarket in April. “Poundland has grown significantly over the past 12 months and we will continue to open new stores,” said CEO Jim McCarthy.