Poundland confirms full list of 12 new store closures amid massive restructuring – check is your local is shutting
Sites across Canterbury, Coventry and Brigg have been named as destinations due to shut.
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The dozen stores are due to shut on August 24, giving shoppers just weeks to say their goodbyes.
You can check out the full list here:
Darren MacDonald, retail director at Poundland, said:'While our anticipated network of around 650-700 stores remains sizeable, it is of course, sincerely that we're closing a number of stores to allow us to get us back on track.
"We entirely understand how disappointing it will be for customers when a store nearby, closes but we look forward to continuing to welcome them to one of our other locations.
"Work is underway to with colleagues through a formal consultation process in stores scheduled to close, exploring any suitable alternative roles.'
Today's news adds to the 10 due to close on August 10 while 15 will shutter for good on August 17 across locations in England, Wales and Scotland.
The bargain chain previously said 68 of its sites would close after a restructuring plan was launched in June.
So far 40 of the destinations due to shut have been named, with 28 still yet to be announced.
The struggling chain was sold for just £1 to investment fund Gordon Brothers last month.
Poundland to be sold for JUST £1 as frontrunner for shock takeover is revealed after wave of store closures
Poundland will continue to be headed up by chief executive officer Barry Williams under the new ownership.
Gordon Brothers has also proposed to negotiate rent reductions at a number of other locations. Meanwhile, it has also proposed:
Getting rid of frozen food products at all stores where they're currently sold
Reducing the number of chilled food items sold
Closing its frozen and digital distribution centre in Darton, South Yorkshire, later this year
Closing its national distribution centre in Bilston, West Midlands, in early 2026
No longer selling products on its website
Providing more womenswear and seasonal ranges
Gordon Brothers, the ex-owner of Laura Ashley, has agreed to provide up to £80million in financing to Poundland as part of the deal it struck last month.
The retail chain had previously been owned by Polish company Pepco Group since 2016.
But the group put Poundland up for auction in March as it looked to offload the brand.
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