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Holyhead Poundland shop to stay amid 68-store closure plan

Holyhead Poundland shop to stay amid 68-store closure plan

Poundland unveiled its 'recovery plan' in June, following its acquisition for just £1 by Gordon Brothers.
This included proposals to close 68 of its shops in the UK – but the company has now confirmed that there are no plans to cease trading at the following locations:
A Poundland spokesperson said yesterday (July 21): 'None of these Welsh stores are on our closure list.
'Over time, we expect to have around 650-700 stores in our store network, compared to circa 800 today.
'But we have no plans to close any of these stores as part of that programme.'
Poundland shut another of its North Wales shops, in Flint, last month.
It also plans to reduce its chilled food offer, and to simplify its digital presence.
Barry Williams, managing director of Poundland, said: 'It's no secret that we have much work to do to get Poundland back on track.
'While Poundland remains a strong brand, serving 20million-plus shoppers each year, our performance for a significant period has fallen short of our high standards and action is needed to enable the business to return to growth.
'It's sincerely regrettable that this plan includes the closure of stores and distribution centres, but it's necessary if we're to achieve our goal of securing the future of thousands of jobs and hundreds of stores.
'It goes without saying that if our plans are approved, we will do all we can to support colleagues who will be directly affected by the changes.'
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