Poundland has confirmed the opening of a new store in south east London. 

The budget retailer announced that its branch in East Dulwich will be based in Lordship Lane.

Another 50 stores will also be opening across the UK, which will create up to 800 new jobs.

It is hoped 26 of the new stores will open between April and June, with 13 more opening from July to September.

Eight of the locations are already confirmed with a planned opening time between January and March.

Another six of the sites are in the final stage of lease negotiations.

The exact opening date of the branch in East Dulwich is currently unknown.

Barry Williams, Poundland managing director, said: “We know how customers appreciate the effort we’ve made in the last few years to transform our offer, offering them more of what they want to buy, week-in, week-out.

“That transformation means we have to step up our search for the best locations to bring the best of Poundland to customers across the UK and that’s precisely what we’ll do in 2023.

“We will continue to work hard to find the right locations that suit the range of Poundland formats we now offer - from small neighbourhood convenience stores to our large destination stores.”

Poundland also opened 18 stores between October to December last year.

We have contacted Poundland for further information on the East Dulwich opening.

Here is the full list of new openings confirmed by Poundland so far:

The Spires Shopping Centre, Barnet, north London (new store)

Friars Walk Shopping Centre, Newport (relocation)

Glamorgan Vale Retail Park, Llantrisant (relocation)

High Walk, Wellington Centre, Aldershot (new store)

Timberley Lane, Castle Bromwich, Birmingham (new store)

Crown Street Retail Park, Glasgow (new store)

Lordship Lane, East Dulwich (new Poundland Local)

Parkgate Shopping Park Rotherham (relocation)