Discount retailer's Glasgow store at risk of closure
It comes after the company was taken over by the Gordon Brothers in June 2025.
Following the takeover, the firm announced details of a 'recovery plan' to return the 'business to growth'.
As part of the plan, the beloved discount store launched its 'restructuring plan', which is described as a 'foundational element' of the brand's recovery plan.
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Poundland revealed the proposal is intended to deliver 'a financially sustainable operating model for the business after an extended period of under-performance'.
If approved by the courts, the chain's restructuring plan, alongside the broader recovery plan, is expected to result in:
The closure of 68 stores and rent reductions across a number of other locations will result, over time, in an anticipated network of around 650-700 stores.
Poundland's withdrawal from the retail sale of frozen food in the stores where it's currently offered.
The reduction of its chilled food offer, which will in future be anchored around its market-leading £3 meal deal and other essentials such as milk.
The closure of Poundland's frozen and digital distribution centre at Darton, South Yorkshire, later this year and its national distribution centre at Springvale in Bilston, West Midlands, in early 2026. Delivery volumes from a streamlined Poundland will be absorbed into its existing distribution centres in Wigan and Harlow.
The simplification of Poundland's digital presence, converting Poundland.co.uk from a transactional website to a brand website, and the retirement of its Perks app as the business focuses on its in-store offer for customers.
The return of ranges lost during the transition to Pepco-sourced products – for example, a greater depth of womenswear in its clothing offer, the return of key seasonal general merchandise ranges, and the restoration of product categories customers have missed.
Poundland said that impacted creditors have been contacted, and the court timetable is expected to conclude later this summer.
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 20m-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.'
It is understood that staff at the store in Glasgow's Anniesland have been informed about the potential closure.
If plans materialise to close the store, Poundland said they would work with staff members to explore any suitable alternative roles.
While the brand has unveiled plans to potentially shut its Anniesland store, it still has several other locations across Glasgow, including one on Sauchiehall Street and another on Argyle Street.
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