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Metro
9 hours ago
- Business
- Metro
Full list of 25 Poundland stores set to close this August
A major restructuring effort is underway (Picture: Owen Humphreys/PA Wire) More Poundland stores are set to close after the chain was acquired for just £1 in a bargain-bin rescue deal. A list of the first 25 shops to be axed has now been confirmed by the retailer. The discount stores will close up and down the country in two waves, the first 10 on August 10 and then a further 15 on August 15. The announcement follows a restructuring plan launched in June to close 68 Poundland stores. Full list of Poundland store closures confirmed for August Full list of closures on August 10: Ammanford Birmingham Fort Cardiff Valegate Cramlington Leicester Long Eaton Port Glasgow Seaham Shrewsbury Tunbridge Wells Full list of closures on August 17: Bedford Bidston Moss Broxburn Craigavon Dartmouth East Dulwich Falmouth Hull St Andrews Newtonabbey Perth Poole Sunderland Stafford Thornaby Worcester Sign up for all of the latest stories Start your day informed with Metro's News Updates newsletter or get Breaking News alerts the moment it happens. The high street favourite brand currently has 850 stores employing more than 16,000 staff across the country (Picture: Getty Images) There are 43 other shops scheduled for closure. Three are already out-of-action. The Swiss Cottage branch closed in April 2024, while the branches in Chiswick and Southampton West Quay closed in May and June this year. It is understood the remaining 40 will shut on a rolling basis between August 10 and mid-October. 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. '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.' The staff members at the 25 branches scheduled to close in August were tipped off in June. Investment firm Gordon Brothers bought the struggling discount shop last last month (Picture: Getty Images) Poundland closures follow '£1 sale' of company Investment firm Gordon Brothers bought the struggling discount shop last last month, with Poundland going into a 'restructuring' process. The company told Metro in June that the end goal would be reducing the number of Poundland stores from about 800 to 650. Alongside the confirmed closure of 68 stores, Gordon Brother also wants to ditch frozen food products and cut the number of chilled food items sold. They also plan to shut their frozen and digital distribution centre in Darton, South Yorkshire, later this year, as well as their national distribution centre in Bilston, West Midlands, in early 2026. Other Poundland stores slated for closure A host of other Poundlands are planning to shut up shop. These branch closures are separate to the 25 announced on Monday. Stratford-upon-Avon – July 21 Newquay – closing July 30 Cowes, Isle of Wight – closing July 30 Newquay – August 1 Whitby – September 3 Wealdstone – September 6 Pontypool – September 7 Inverclyde – unknown Poundland will stop selling products on their website, instead choosing to provide more womenswear and seasonal ranges in-store. These plans, but not the closure of the 25 stores announced on Monday, are dependent on the green light from the High Court in August. Get in touch with our news team by emailing us at webnews@ For more stories like this, check our news page. Arrow MORE: Going on holiday? We've found the luxe looking swimwear set to rival Monday Swimwear Arrow MORE: Full list of store closures in July 2025 from Poundland to New Look and River Island Arrow MORE: Our favourite swimsuits and bikinis made for bigger busts
South Wales Guardian
13 hours ago
- Business
- South Wales Guardian
Full list of Poundland stores set to close across UK
The retail chain will close a host of its stores in a matter of weeks with 10 stores set to shut on August 10 and a further 15 on August 17. It comes after a restructuring plan was launched in June to close 68 Poundland stores. Full list of shops closing on August 10: Ammanford Birmingham Fort Cardiff Valegate Cramlington Leicester Long Eaton Port Glasgow Seaham Shrewsbury Tunbridge Wells Full list shutting on August 17: Bedford Bidston Moss Broxburn Craigavon Dartmouth East Dulwich Falmouth Hull St Andrews Newtonabbey Perth Poole Sunderland Stafford Thornaby Worcester Eight other Poundland stores are also set to close imminently, separate to the 25 announced. These stores are: Stratford-upon-Avon - July 21 Newquay - closing July 30 Cowes, Isle of Wight – closing July 30 Newquay - August 1 Whitby - September 3 Wealdstone - September 6 Pontypool - September 7 Inverclyde - unknown Of the remaining 43 stores identified for closure as part the restructuring plan, three have already closed to customers. They are Swiss Cottage (closed April 2024), Chiswick (closed May 28, 2025), and Southampton West Quay (closed June 9, 2025). 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. '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.' The court-sanctioned restructuring and recovery process that Poundland launched in June applies to creditors in the UK. It does not cover Poundland's store operations in the Republic of Ireland and Isle of Man, where it trades as Dealz. Poundland, owned by the Pepco Group, was sold for "just £1" in June as part of a deal struck with investment fund Gordon Brothers. Recommended Reading: Poundland closing 68 stores and 2 warehouses in the UK Anger as Poundland stores possibly 'facing closure' amid 'challenging' landscape Poundland reveals major change for Perk scheme members The retailer said it expected to end up with between 650 and 700 stores after the overhaul. Poundland is also set to close its frozen and digital distribution site at Darton, South Yorkshire, later this year and another warehouse at Springvale in Bilston, West Midlands, in early 2026. It will also stop selling frozen food at stores where its currently offered and reduce its chilled food offer in the future.
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Scotsman
15 hours ago
- Business
- Scotsman
Major discount chain to shut 25 UK stores in August
Thousands of shoppers could be affected as the bargain giant reshapes its high street footprint 🏬 Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Dramatic shake-up sees Poundland confirm 25 store closures in August 10 branches will shut on August 10, with 15 more closing on August 17 Closures are part of a wider restructuring plan revealed in June Up to 200 stores face closure, with rent cuts at hundreds more Poundland says move is vital to protect jobs and future of the business Shoppers across the UK are set to lose more local shops next month as a major discount chain continues a shake-up of its retail network. It was revealed in June that hundreds of Poundland stores could shut down as part of a dramatic turnaround plan designed to rescue a struggling discount chain and pave the way for a sale. Advertisement Hide Ad Advertisement Hide Ad Between 150 and 200 Poundland stores were reportedly earmarked for immediate closure, with up to 500 more facing steep rent cuts of up to 50% as part of a court-backed restructuring scheme. Now, Poundland has announced that a total of 25 stores will shut their doors for good in August, with closures split across two dates: 10 branches on August 10, followed by 15 more on August 17. The chain currently runs more than 800 shops across the UK and employs around 16,000 people. Poundland's retail director, Darren MacDonald, said the decision to close stores was 'sincerely regrettable' but necessary to safeguard the wider business. Advertisement Hide Ad Advertisement Hide Ad () | Getty Images '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,' he said. The chain, which has long been a go-to for low-cost essentials, says it is prioritising the future of its remaining stores and "thousands of jobs". Staff at the affected stores were first informed in June, with final details confirmed this week. A formal consultation process is now underway to explore potential job moves for those affected. Advertisement Hide Ad Advertisement Hide Ad Which Poundland stores are closing? The latest closures will affect towns and cities in England, Wales and Scotland, with locations including Cardiff, Shrewsbury, Hull, Poole and Worcester. Closing on August 10: Ammanford Birmingham Fort Cardiff Valegate Cramlington Leicester Long Eaton Port Glasgow Seaham Shrewsbury Tunbridge Wells Closing on August 17: Bedford Bidston Moss Broxburn Craigavon Dartmouth East Dulwich Falmouth Hull St Andrews Newtonabbey Perth Poole Sunderland Stafford Thornaby Worcester
Scottish Sun
2 days ago
- Business
- Scottish Sun
Poundland confirms closing dates for THREE Scots stores as 25 to shut across UK
SHUTTERS DOWN Poundland confirms closing dates for THREE Scots stores as 25 to shut across UK Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THREE Poundland branches across Scotland are set to close down following a major restructuring effort. The bargain retailer will shutter a total of 25 stores in the UK in August. Sign up for Scottish Sun newsletter Sign up 2 Three Poundland stores in Scotland are set to close down next month Credit: Alamy Ten stores will shut on August 10 while 15 will close their doors for good on August 17. And three of those are in locations across Scotland. It comes after a restructuring plan was launched in June to close 68 stores. The chain was sold to investment firm Gordon Brothers, the former owners of Laura Ashley, for £1. The retailer had previously been owned by Polish company Pepco Group since 2016. Poundland's store in Port Glasgow, which is located in the Gallagher Shopping Park, is set to close on August 10. Earlier this month, department store Matalan lodged plans for a new branch in the unit currently occupied by the Inverclyde shop. Two more branches in Broxburn, West Lothian, and Perth will shut down a week later on August 17. Staff at the branches earmarked for closure were told in June, Poundland confirmed. Darren MacDonald, retail director, 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. Poundland to be sold for JUST £1 as frontrunner for shock takeover is revealed after wave of store closures "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." Poundland, owned by the Pepco Group, was sold for "just £1" in June as part of a deal struck with investment fund Gordon Brothers. The ex-owner of Laura Ashley agreed to buy the discount chain for the nominal fee as it said it would move forward with a major restructuring plan. This included pumping £80million of financing into Poundland. Later that month, Gordon Brothers laid out the details of the restructuring plan, which included closing 68 stores and negotiating rent reductions at a number of other locations. The firm is also getting rid of frozen food products across all stores where they're currently sold and reducing the number of chilled food items sold.
