Poundland launches huge 75% off sale as 12 stores shut their doors this week
SHUTTERS DOWN Poundland launches huge 75% off sale as 12 stores shut their doors this week
POUNDLAND has launched a huge 75% off sale as 12 stores will shut for good this week.
The bargain retailer is preparing to close its branch in the Killingworth Centre in Newcastle this week.
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Poundland is preparing to close another branch
Credit: Alamy
The store is set to shut this Sunday, August 24, with the chain slashing prices by up to 75%.
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The news has come as a blow to locals who said they were "sad" to see the store closure.
But other bargain hunters encouraged shoppers to check out the sale, with many items selling like "hot cakes".
It won't be the only store Poundland shutting this weekend.
Up to 12 sites are set to close and a further 11 stores will shut the following week.
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It comes after the beloved British store confirmed it would be shuttering 48 locations this month.
The bargain chain closed 15 stores yesterday as part of the process.
You can check out the full list of impacted stores here.
Closed on August 17:
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Bedford
Bidston Moss
Broxburn
Craigavon
Dartmouth
East Dulwich
Falmouth
Hull St Andrews
Newtownabbey
Perth
Poole
Sunderland
Stafford
Thornaby
Worcester
Poundland to be sold for JUST £1 as frontrunner for shock takeover is revealed after wave of store closures
Shutting on August 24:
Brigg
Canterbury
Coventry
Newcastle
Kings Heath
Peterborough
Peterlee
Rainham
Salford
Sheldon
Wells
Whitechapel
Shutting on August 31:
Blackburn
Cookstown
Erdington
Kimberley Kimberley Shopping Centre, Nottingham
Horsham
Hull Holderness
Kettering
Omagh
Shepherds Bush
Southport
Taunton
As it stands, Poundland operates 800 stores nationwide, but the company hopes to significantly reduce this number to between 650 and 700.
This includes the 68 stores closing by mid-October, as well as additional stores shutting when leases expire and are not renewed.
These restructuring plans were outlined in June by the investment firm Gordon Brothers.
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This came after the company was sold to the firm that month as part of a deal that included major restructuring and an £80million cash injection.
All change at Poundland
The bargain retail chain will make a number of changes following its sale.
Come September 16, shoppers will no longer be able to buy products off its website and its loyalty scheme, Poundland Perks will be axed.
Loyalty scheme customers signed up to the Poundland Perks app have until January 15, 2026, to use their rewards vouchers.
Poundland's new owners have said they also want to:
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Close its frozen and digital distribution centre in Darton, South Yorkshire, later this year
Ditch frozen products from stores
Reduce the number of chilled food items sold
Close its national distribution centre in Bilston, West Midlands, in early 2026
Provide more womenswear and seasonal ranges
These changes are subject to High Court approval with a hearing set to take place this month.
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