Poundland hikes some prices to MORE than £1 and customers aren’t happy

Alamy Live News. 2DAW7Y2 Slough, Berkshire, UK. 15th November, 2020. Poundland was busy this morning. The rate of Covid-19 positive cases continues has continued to rise at an alarming rate. At the start of the second lockdown in England, the rate of positive Covid-19 cases was 212.0 per hundred thousand people, however, it is now reported to be 256.8. Parts of Slough High Street were still busy this morning with shoppers doing their essential shopping. Credit: Maureen McLean/Alamy Live News This is an Alamy Live News image and may not be part of your current Alamy deal . If you are unsure, please contact our sales team to check.

POUNDLAND has come under fire from angry customers for selling some items for MORE than £1.

The discount store dropped its strict £1 price point back in 2019 and instead started to sell products at a range of prices from 50p right up to £5.

Customers have been complaining about prices at the discount store

But customers have taken to social media to complain about soaring costs at the store, with many saying that a growing number of items now cost £1.25. 

Poundland is not the only retailer to hike prices in recent weeks.

This week, McDonald’s increased the cost of a cheeseburger for the first time in 14 years, and the price of KitKats, Cheerios and more have also soared.

On Twitter, one shopper fumed: “Saw an advert for Poundland but when I went in the other day they were selling items at £1.25 or £1.50 so how can it be called Poundland anymore?”  

“Surely it should be round a pound or poundlandish.”

Another said: “Popped into Poundland for some [Pedigree] dog treats, never looked at the price (it’s called Poundland for a reason) Now £1.25!!!

“How long can this store be called Poundland?”

Another angry customer raged about the price of a packet of crisps: “Scampi & Bacon Fries yeah. £1.25 now as nothing in Poundland is a quid.”

Poundland told HOAR that it has had prices above and below £1 for five years, and so the suggestion of a £1.25 price tag being related to inflation is false. 

It said: “Since 2017 we’ve been extending ranges to offer more under one roof from clothing to frozen food to homewares and that means we’ve been a fully “multi price” retailer for some time.

“However we keep those prices simple for customers too.”

Poundland said it had increased the proportion of products being sold for £1 in recent weeks.

Around 60% of its products are £1 or below, up from around 50% earlier in the year.

It said: “We don’t have a magic trick up our sleeves to counter inflation, but we’re working flat out to keep our promise of amazing value on everything we offer – whatever its price.”

Price hikes are hitting families across the country as the cost of living crisis continues to worsen.

BT customers are facing bill hikes and latest estimates show that energy bills could reach almost £4,000.

But there are still ways to save money despite rising prices. 

Shopping expert Charlotte Jessop, founder of finance blog lookingafteryourpennies.com, told HOAR her top tips on how to be a savvy shopper.

She recommended tricks like keeping a rolling shopping list throughout the week, which can help you keep tabs on the things you really need. 

She also suggested making monthly meal plans, which can help you buy in bulk and save money. 

Another trick is look at the price per quantity when shopping to compare the cost of food and other items.