Poundland is set to close down some high street stores in a matter of days as a clearance sale gets underway across the country. The high street staple is going through a major change as stores close and the company redefines its strategy. This comes after it was bought back in June. It will see a staggering 68 of its stores closed by the end of 2025. Several closures have already happened throughout October.
Poundland’s UK country manager, Darren MacDonald, admitted that customers will be disappointed by the closures but has promised great value in the form of clearance sales before these stores close their doors for the final time. The company was acquired by Brothers, who bought Poundland from PepCo. “The special reductions, on top of the value we provide in every store, will help us leave locations we’re leaving with pride,” MacDonald said.
“And when we close our doors, we look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK.”
Poundland had closed more than 50 stores by the end of September, but further closures were temporarily put on hold as lease talks and trade reviews got underway. Customers in Hailsham in East Sussex and Perry Barr in Birmingham have until November 2 to avail of clearance sales before these stores close for good.
Other November closures include Loughborough, Dalston, New Malden and Beeston. More closures are planned for November and January.
The Poundland stores that are holding clearance sales before they close are:
- Hailsham, East Sussex (closing November 2)
- Perry Barr, Birmingham (closing November 2)
- Loughborough, Leicestershire (closing November 14)
- New Malden, London (closing November 16, clearance sale to start on October 26)
- Dalston, London (closing November 24)
- Beeston, Nottinghamshire (closing November 27)
- Melton Mowbray, Leicestershire (closing December 4)
- Droitwich, Worcestershire (closing December 9, clearance sale starts on October 28)
- Hempstead Valley, Kent (closing December 31)
- Bexhill, East Sussex (closing January 5)
