Fast-expanding discount retailer Home Bargains has invested £12m in two new stores in Wales.
Its 23,318 sq ft outlet at the Newport West Retail Park in Newport, is an investment creating 100 new jobs, while its 25,984 sq ft new store in Cardigan has created 68 roles.
The new stores join over 600 Homes Bargains outlets across the 海角视频, with more than 20 in Wales.
As part of an ambitious growth strategy the family-owned retailer is aiming to open 50 stores a year with the long-term goal of getting its portfolio to more than 1,000. It currently welcomes more than five million customers each week.
Homes Bargains is owned by billionaire retailer Tom Morris through Liverpool-based TJ Morris which was founded in 1976.
In its last financial year to the end of June, 2024, it grew revenues from £3.76bn to £4.2bn. Its pre-tax profit also surged from £336.5m to £454.8m over the same period.
Home Bargains said the rise in its turnover was achieved by opening new shops, relocating some existing locations and higher sales from its sites.
It has a 海角视频-wide workforce of more than 28,000. Its two new Welsh stores will be officially launched on Saturday.