logo
2 Poundland stores in South Wales closing TODAY - is your local shop affected?

2 Poundland stores in South Wales closing TODAY - is your local shop affected?

Yahoo3 days ago
Two Poundland stores in South Wales are being closed for good today (Sunday, August 10).
The retailer revealed in June that it planned to shut 68 shops and two warehouses in the UK following its takeover by investment firm Gordon Brothers.
The closures place more than 1,300 jobs at risk.
Poundland also indicated it will shut more UK stores in the coming years under the new ownership.
UK high street shops that no longer exist
There are currently around 800 Poundland stores across the UK and Ireland, but this is expected to drop to around 650 or 700 following the overhaul.
Poundland stores in South Wales closing today
Last month, Poundland confirmed the location of 25 stores that will close under its restructuring and recovery plan.
This included two sites in South Wales:
Cardiff Valegate
Ammanford
Both these stores will shut for good today (August 10).
The stores, according to the Poundland website, will be open from 10am until 4pm, so shoppers can pay one last visit before they close.
Meanwhile, Poundland in Pontypool will also close next month, on September 7.
Poundland's retail director, Darren MacDonald, 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.
RECOMMENDED READING:
Beauty brand that's 'highlight of any shopping trip' opening new South Wales store
US burger chain 'better than McDonald's' to open second UK store in South Wales
New Look to close South Wales store in the coming days - see when and where
'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. That work is underway.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Independent English football regulator fast-tracked for November start by UK government
Independent English football regulator fast-tracked for November start by UK government

New York Times

time16 minutes ago

  • New York Times

Independent English football regulator fast-tracked for November start by UK government

The Labour Party is fast-tracking secondary legislation to ensure the powers of the new independent football regulator (IFR) will be switched on by November 1. The move, led by Lisa Nandy — the UK's Secretary of State for Culture, Media and Sport — will increase pressure on under-fire owners such as Sheffield Wednesday's Dejphon Chansiri to sell the club before the regulator becomes legally established. Advertisement Under a new bill, owners can be stripped of their right to run clubs and the IFR can sanction takeovers at a price of their choice. Though the authority is yet to form a board to work with chair David Kogan and has distance to cover before it becomes fully operational and able to work with clubs so they can understand new requirements, progress has been made with the recruitment of a CEO. Richard Monks, who spent 18 years at the Financial Conduct Authority (FCA), is close to being announced and will begin in the role shortly. A spokesperson for the Department for Culture, Media and Sport (DCMS) would not confirm Monks' hire but explained that economic distress at Wednesday, as well as Morecambe, who are suspended from the fifth-tier National League following their relegation from League Two last season, has increased the pace at which the government has been working through the law since July 21, when the Football Governance Act was passed. 'The ongoing challenges at Morecambe, Sheffield Wednesday and many other clubs before them show exactly why the Football Governance Act was needed and why we acted to push the legislation forward in the face of opposition,' the spokesperson said. 'The launch of the IFR is a priority. We recognise the need to move forward as quickly as possible whether that be implementing the required secondary legislation or appointing the regulator's board.' Labour's sports minister, Stephanie Peacock met with Morecambe fans last week and is in touch with Wednesday supporters to set up a discussion. Meanwhile, DCMS suggests engagement with Morecambe and Sheffield members of parliament is ongoing. () Spot the pattern. Connect the terms Find the hidden link between sports terms Play today's puzzle

Can The UK Finally Stop Late Payers? And How Do SMEs Help Themselves?
Can The UK Finally Stop Late Payers? And How Do SMEs Help Themselves?

Forbes

time16 minutes ago

  • Forbes

Can The UK Finally Stop Late Payers? And How Do SMEs Help Themselves?

They are the scourge of small businesses worldwide. Customers who pay their bills late cause entrepreneurs huge stress as cash flow issues mount up, opportunities to expand get missed and relationships sour. In the worst cases, late payment problems have led businesses to go under – and small businesses, often at the mercy of larger customers, are particularly vulnerable. It's something of an international epidemic. In the US, recent research from Creditsafe found more than eight in 10 businesses were struggling with at least 30% of their monthly invoiced sales overdue. In the European Union, almost half of all small businesses suffer significant problems with late payments according to the EU Payment Observatory. Late payments cost the UK economy £11 billion a year ($14.9 billion), says London Economics. The UK Government is so worried about this problem that its just announced a series of new measures aimed at helping small businesses to fight back. Ministers describe their proposals as 'the toughest laws on late payments in the G7'. The idea is to give stronger powers to the UK's Small Business Commissioner, set up in 2017 to help small firms resolve disputes with large organisations, but often criticised as lacking teeth. Government reforms will see the Commissioner given new powers to issue fines, with ministers promising these could total millions of pounds for large businesses that persistently pay their suppliers late. The Commissioner will also be asked to carry out spot checks on large businesses and to enforce a 30-day invoice verification period to speed up resolutions to disputes. Another key element of the reforms will see the UK's maximum payment terms – currently 60 days – reduced to 45 days. Meanwhile, the audit committees of large listed companies in the UK will be handed a new legal duty to scrutinise the payment practices of their businesses, with the aim of ensuring fewer companies transgress in the first place. 'I want the UK to be the best place in the world to start a business, grow and succeed,' says small business minister Gareth Thomas. 'Too many small firms go under each year because they are not paid on time – that is completely unacceptable.' Will the crackdown work? The proposals have had a positive reaction. Alan Vallance, chief executive of the ICAEW, the accounting trade body, thinks they could make a difference, particularly if more small businesses are prepared to actively engage with the Small Business Commissioners. 'Small businesses are the backbone of the UK economy, making up 99% of all businesses, employing two-fifths of the private sector workforce and generating more than half of the UK's business turnover,' says Vallance. 'It is vital they can operate in an environment that helps them grow and thrive.' Tina McKenzie, policy chair of the Federation of Small Businesses, adds: 'This is bold and ambitious – it's an encouraging commitment from the government to take the side of small businesses.' Others are more sceptical, however. Critics of the proposals point out that small businesses are often reluctant to make a fuss about late payments for fear of missing out on future business from key suppliers. Often, they feel they have no choice but to accept extended payment terms that hit them just as hard as customers on standard terms who pay late. Previous efforts to hold large companies to account publicly have also come up short, with a new code of best practice introduced earlier this year to replace a previous standard that was widely seen as under-performing. For this reason, accountants continue to encourage all small businesses to remain disciplined about they manage invoicing, payments and debt collection. Here are their 10 top tips for heading off a late payments crisis before it cause real damage to the business: 1. Get to know your customers Running credit checks on new customers could help your business identify likely late- (or non-) payers. That will save valuable time and money in the future. It's now possible to run quick and inexpensive checks online. 2. Be crystal clear about payment terms Make sure your payment terms are stated clearly on every invoice you send out and keep them consistent. It's also worth outlining the terms verbally to new customers. 3. Avoid old-fashioned forms of payment Encourage customers to pay using cash, electronic transfer or direct debit. 4. Invest in credit control teams If your business can afford to hire credit control staff, they may soon pay for themselves. But train staff in the right way; they need to be firm but polite. 5. Talk to customers When your business sends out an unusually large invoice, it may be worthwhile calling the customer to make sure it has been received and there is no query. 6. Start chasing right away Don't delay in chasing a late payment: get in touch as soon it falls due. The longer you waits to contacts the customer, the further down the queue your invoice is likely to drop. 7. Claim interest and compensation In many countries, small businesses paid late have a statutory right to claim interest on late payments at set interest rates. They may also be able to claim compensation for debt recovery costs. Check your rights and warning customers about these costs, as this may encourage payment. 8. Be prepared to be flexible On large outstanding amounts, you may be prepared to offer flexible payment terms. This might mean the customer pays in regular installments, say, or splits the bill into two manageable chunks. The key is to maximise your chances of payment. 9. Don't let the problem escalate When a customer fails to pay for goods or services, stop supplying it immediately, rather than adding to its debt through further sales. 10. Use a debt management specialist As a last resort, small businesses have the option of employing a debt recovery agency. Agencies will often work on a 'no recovery, no fee' basis, though this can prove expensive.

MANSCAPED® Expands North American Retail Presence with Launch in Canadian Tire
MANSCAPED® Expands North American Retail Presence with Launch in Canadian Tire

Yahoo

time43 minutes ago

  • Yahoo

MANSCAPED® Expands North American Retail Presence with Launch in Canadian Tire

Leading Global Men's Grooming Brand Brings its Premium Products to one of Canada's Most Trusted Retailers SAN DIEGO, August 12, 2025--(BUSINESS WIRE)--MANSCAPED®, the global men's grooming company and lifestyle consumer brand, today announced its launch in Canadian Tire, Canada's one-stop shop for home, apparel, sports, automotive and more, proudly serving communities nationwide since 1922. This milestone brings MANSCAPED's premium grooming tools and formulations to 500 stores across the country and online at making it easier than ever for Canadians to access the brand's best-selling lineup. "When it comes to personal care, many consumers discover and purchase new products during their everyday shopping trips, which is why it's so important for MANSCAPED to be available where they already shop," said Catherine Cronin, Vice President of Retail at MANSCAPED. "Our goal is to make purchasing our products as seamless as possible, and Canadian Tire's long-standing reputation for integrity and innovation ensures a trusted, convenient shopping experience for customers nationwide." A curated selection of MANSCAPED's core collection is now available both in-store and online at Canadian Tire, including: The Lawn Mower® 5.0 Ultra Essentials Kit ($149.99 CAD) – The ultimate duo for below-the-waist grooming. This bundle combines MANSCAPED's most advanced trimmer with a skin-soothing aftershave lotion, delivering precision, comfort, and care in one premium package. The set includes: The Lawn Mower® 5.0 Ultra groin and body hair trimmer – Engineered with interchangeable SkinSafe®* foil and trimmer blade heads, a waterproof** design, adjustable length settings, constant RPM motor, dual-temperature LED spotlight, travel lock, wireless charging, and up to 60 minutes of runtime. Crop Soother™ aftershave lotion – A unique formulation infused with ultra-soothing ingredients like aloe, colloidal oats, shea, and cocoa seed butter that hydrates the skin and helps reduce post-shave irritation. The Lawn Mower® 3.0 Plus Essentials Kit ($99.99 CAD) – Elevate your groin care with this perfect pair. The Lawn Mower® 3.0 Plus groin and body hair trimmer – Featuring an updated SkinSafe®* ceramic blade, constant RPM motor, waterproof** design, LED spotlight, two adjustable combs, and a sleek ergonomic body with rubber gripping, this trimmer has everything you need to get the job done. Crop Soother™ aftershave lotion. Don't sweat your grooming routine this summer. To shop MANSCAPED's premium line of men's grooming products and stay fresh all season long, visit your local Canadian Tire today. *SkinSafe® technology does not guarantee cut protection.** IPX7 rated to protect against immersion in up to one meter of fresh water for up to 30 minutes. Learn more at About MANSCAPED® Founded by Paul Tran in 2016, San Diego, California-based MANSCAPED® is the global men's lifestyle consumer brand and male grooming category creator trusted by over twelve million men worldwide. The product range includes a diversified line of premium tools, formulations, and accessories designed to introduce and elevate a whole new self-care routine for men. The collection is available globally in 40 countries on on Amazon in more than 100 countries worldwide, and in major retailers including Target®, Walmart, CVS, Best Buy, Men's Wearhouse, Jos. A. Bank, Military Exchanges, and many more internationally. For more information, visit or follow on Facebook, Instagram, X, TikTok, Tumblr, and YouTube. View source version on Contacts Media Contacts MANSCAPED Communications at MANSCAPED® PR@ Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store