Poundland abruptly shuts popular store after 10 years – see full list of 22 closures
The bargain chain has shut a branch in Colchester retail park, in a blow to locals.
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In the past, residents of the area have described the store as "great".
While another fan said: "The place is big, with almost everything you need at an affordable price."
The popular store shut this week, according to reports in EssexLive.
It as Poundland is preparing to pulling down the shutters on a store in Merry Hill Shopping Centre, Dudley, on July 18.
Meanwhile, a second in Cowes on the Isle of Wight and a third in Newquay gear up to close on July 30 and August 1, respectively.
Poundland has already closed 16 stores across the UK since March last year, including in Macclesfield, Maidenhead and Flint.
These are the 22 stores that have shut:
Connswater Shopping Centre, Belfast – closed March 2024
Macclesfield – closed August, 2024
Maidenhead – closed October, 2024
Sutton Coldfield – closed October, 2024
Clapham Junction Station, London – closed May 2
Belle Vale Shopping Centre, Liverpool – closed May 6
St George's Centre, Gravesend – closed May 8
Southwark Park Road – closed May 14
Copdock Mill Interchange, Ipswich – closed May 20
Brackla, Wales – closed May 24
Chiswick High Road – closed May 28
Filton Abbeywood – closed May 31
Surrey Quays – closed June 11
Barrow Dalton Road - closed June 12
Union Gate, Bristol - closed June 20
Flint - closed June 21
Colchester - closed
Plymouth - closed July 5
Telford - closing July 19
Newquay - closing on July 30
Cowes, Isle of Wight – closing July 30
Newquay - August 1
RETAIL PAIN IN 2025
The British Retail Consortium has predicted that the Treasury's hike to employer NICs will cost the retail sector £2.3billion.
Research by the British Chambers of Commerce shows that more than half of companies plan to raise prices by early April.
A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024.
Three-quarters of companies cited the cost of employing people as their primary financial pressure.
The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.
It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year.
Professor Joshua Bamfield, director of the CRR said: "The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025."
Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.
"By increasing both the costs of running stores and the costs on each consumer's household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020."
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