A UK bargain chain has announced that 14 of its stores will be shutting before February 2026. Poundland will shut down the sites for good between October 5 and January 26 in a further blow to the UK high street.
Closures are part of a restructuring plan that the company launched in June after it was sold to investment firm Gordon Brothers for £1. A total of almost 60 stores have shut, and 150 more are at risk, with Poundland expecting to reduce its portfolio to around 700 stores. The new owners have proposed axing frozen foods, reducing chilled foods, closing distribution centres, not selling online, and providing more womenswear and seasonal ranges. Darren MacDonald, retail director, said: “It is, of course, sincerely regrettable that our recovery plans include any store closures, but sadly that’s necessary if we’re to achieve our goal of securing the future of thousands of jobs and hundreds of stores.
“While our anticipated network of around 650-700 stores remains a sizeable one, we entirely understand how disappointing it will be for customers when one nearby, closes. Nevertheless, we look forward to continuing to welcome them to a nearby Poundland.
“It goes without saying that we will work closely with colleagues through a formal consultation process in stores scheduled to close, exploring any suitable alternative roles.
This comes after Poundland announced that stores will close on Christmas Day, Boxing Day, and New Year’s Day as a token of appreciation for the tireless efforts of its staff over the past year.
Full list of Poundland stores set to close
Twickenham (October 5)
Westhoughton (October 5)
Market Harborough (October 9)
Lowestoft (October 10)
Colne (October 11)
Rochdale (October 13)
Leicester (October 17)
Tenby (October 18)
Blackpool – Cherry Tree Retail Park (October 25)
Deal (October 27)
Thurrock (October 27)
Walsall (October 29)
Matlock (November 2)
Carlisle (November 9)
Burnley (November 9)
Witham (November 12)
Sidcup (November 14)
Peckham (November 20)
Launceston (November 29)
Cameron Toll (January 26)