DISCOUNT retailer Poundstretcher was continuing its nationwide expansion today by opening a new store in Colne.

The store, which was due to open its doors for business at 9am will join the recently opened McDonald's and Matalan on North Valley retail Park.

The occasion was expected to be marked with balloons and special promotions.

Managing director of Poundstretcher Marius Koch said: "We are delighted to begin 2001 with the opening of a new store in Colne.

"The new store has created around 20 jobs for the local area and we are looking forward to trading in Colne."