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Daily Mirror
05-07-2025
- Business
- Daily Mirror
Iceland closing another store next weekend as shoppers 'so disappointed'
The supermarket chain, which has over 900 stores across the UK, has not confirmed the reason behind the closures - but these are not the only branches to shut in recent months Iceland is closing another one of its stores next week, in a major blow for shoppers. The frozen food supermarket is permanently shutting its Inverness, Scotland, store on July 12. Disappointed shoppers have reacted to the news on social media. One said: 'That's disappointing news and it's such a shame as it was and is useful for those who stay close and for those who got a bus home.' Another said: 'Shame it's in a good location for everyone.' A third commented: 'No, why? It's a great shop and one I use quite often. I'm so disappointed with this news.' It comes after Iceland closed its branch in Margate, Kent, on June 21. The supermarket chain, which has over 900 stores across the UK, has not confirmed the reason behind the closures - but these are not the only branches to shut in recent months. The supermarket closed its Welling branch in London at the end of January, while its shops in Borehamwood and Exeter also shut down at the start of January. It isn't all bad news though, as Iceland has also opened new stores, including a new city centre supermarket in Derby in May 2025 and another shop at Victoria Chambers on London Road. Earlier this year, the company announced plans to open 20 Iceland and Food Warehouse stores, and the supermarket has also opened a new 500,000 square foot £100million distribution centre in Warrington. The Omega Park Site in Warrington - which opened in partnership with GXO in February - supplies around 350 Iceland stores across the north west of England, the Scottish borders and Wales. It comes after Poundland confirmed 68 stores will close as part of a major restructure. The budget chain will also seek rent reductions at a number of other locations. On top of this, Poundland will also look to close its distribution centre at Darton, South Yorkshire and its national distribution centre at Bilston in the West Midlands in early 2026. Poundland will also stop selling frozen food, and its website will stop taking orders, although shoppers will still be able to browse products and deals online. The restructuring plan, which would put more than 1,000 jobs at risk, would need to be approved by the High Court before it can go ahead. Poundland, which is owned by Pepco Group, currently has 792 stores and employs around 16,000 people. It expects its total store number to eventually be reduced to between 650 to 700, meaning further closures could be announced in the future as leases expire.


Daily Mirror
14-06-2025
- Business
- Daily Mirror
UK supermarket shutting two more stores as shoppers say 'this is so sad'
The frozen food supermarket is shutting its branch in Margate, Kent, on June 21, meanwhile, its store in Inverness, Scotland, will pull down its shutters forever on July 12 Iceland is set to close two stores starting from next week. The frozen food supermarket is shutting its branch in Margate, Kent, on June 21. Meanwhile, its store in Inverness, Scotland, will pull down its shutters forever on July 12. Disappointed shoppers have been reacting to the closures on Facebook. One said: 'Another empty shop in ghost town Margate.' Another commented: 'Oh no this is such a shame, I love shopping in Iceland.' A third said: 'Nooooo. This so sad. Its a staple for so many people!' A fourth person posted: 'Disappointing I like walking into town and picking up few bits.' Iceland has not confirmed the reasons behind the closure of both sites. The supermarket said it had entered into a consultation process with workers at the affected Iceland stores, and both groups have been offered other roles within the businesses. Iceland operates over 900 stores across the UK. Iceland has closed a handful of stores over the last few months, including its Welling branch in London, plus shops in Shenley Road, Borehamwood and Alphington Road Retail Park in Exeter. But it isn't all bad news, as the retailer has also opened new stores. Last month, Iceland opened a new city centre supermarket in Derby and another shop at Victoria Chambers on London Road Earlier this year, the company announced plans to open 20 Iceland and Food Warehouse stores by the end of April. This came hot off the heels of Iceland opening its new 500,000 square foot £100million distribution centre in Warrington. The Omega Park Site in Warrington - which opened in partnership with GXO in February - supplies around 350 Iceland stores across the north west of England, the Scottish borders and Wales. It comes after it was revealed that Poundland has been sold for just £1 and is expected to close around 100 stores as part of a major restructure. The discount chain has been sold to investment firm Gordon Brothers, the former owner of Laura Ashley. The restructuring plan will go through the High Court with details to be revealed 'in due course'. Poundland has already closed more than a dozen stores over the past few months and there are several more branches that are scheduled to close this summer. Poundland, which is owned by Pepco Group, has around 800 stores in the UK and employs roughly 16,000 employees. As part of the restructuring plan, Pepco will retain a minority stake in Poundland. Gordon Brothers has also said it is providing up to £80million of financing to help fund the turnaround plan. It comes after Poundland reported revenues dropped by 6.5% to €985million (£830million) for the six months to March.