Poundland is set to move into the Co-op Store on Armley Town Street.
The bargain store chain is already advertising for staff for its new base at 27-29 Town Street – and will offer a welcome boost to trade in the area.
As reported by the Dispatch, the Co-op is set to close at the end of this month with a loss of 21 jobs.
The decision was a blow to Town Street which has, in recent months, shown signs of revival.
A new residents’ group, All Together Armley, has been planning a series of improvements and events to revitalise the area, which has suffered from well-documented problems with anti-social behaviour and street drinking.
A spokesperson for the group said in a statement:
“All Together Armley are delighted to hear the news that a major high street name have chosen to invest in the heart of our community, bringing jobs and brightening up Town Street.
“Poundland have a history of working with local communities and All Together Armley aim to work with Poundland to ensure they continue that tradition for all members of the Armley Community.
“While taking this opportunity to welcome Poundland we wish the employees of the Co-op every good wish in finding future employment and thank them for their service to the community.”
A spokesperson for Poundland said it ‘could not disclose’ information at this stage but said in a statement:
“Poundland is currently considering the acquisition of new stores to add to those already opened this year. The stringent acquisition process ensures the new stores are positioned in the right location and fit Poundland’s customer profile.
“Due to the popularity of Poundland’s product ranges, the organisation is keen not to raise anticipation for a new store before plans are finalised. Therefore, Poundland cannot disclose any more information at this stage. As soon as all details have been confirmed, Poundland will immediately release this information to the area in question.”