Full list of Poundland shops closing as another branch shuts its doors within days
The bargain goods retailer is pulling down the shutters on a store in Merry Hill Shopping Centre, Dudley, on July 18.
It comes as 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.
A Poundland spokesperson said: "We know how disappointing it is for customers when a location like Merry Hill closes, but we look forward to welcoming them to our other stores right across the West Midlands."
Reacting to the news the Dudley branch will shut on Facebook, one shopper said: "Another empty store."
A second commented: "It's the staff I feel sorry for."
A third branded the closure "sad" while a fourth said it was a "loss" to the shopping centre.
Poundland has already closed 16 stores across the UK since March last year, including in Macclesfield, Maidenhead and Flint.
These are the 16 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
Newquay - closing on July 30
Cowes, Isle of Wight – closing July 30
Newquay - August 1
Poundland to close 68 stores
Poundland has confirmed plans to shut 68 stores, with a further 150 at risk of closure, separate to the 19 shops mentioned above.
If the shops do shut, subject to court approval in August, hundreds of jobs could be lost.
Poundland to be sold for JUST £1 as frontrunner for shock takeover is revealed after wave of store closures
It comes after the struggling chain was sold for just £1 to investment fund Gordon Brothers last month.
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.
The move followed weak financial results, with revenues dropping by 6.5% to £830million for the six months to March compared with a year earlier.
Pepco had blamed "highly challenging trading conditions" for the fall in sales.
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 showed that more than half of companies planned to raise prices by early April.
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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