Overview
- The retailer confirmed 14 additional UK stores will shut by early February on top of 19 already scheduled to close in the coming weeks.
- More than 100 closures will have taken place by early next year, with closing branches running clearance sales of up to 40% to sell remaining stock.
- Newly named sites include Lancaster, Hammersmith, Liverpool, Yeovil, Nottingham Eastpoint and Coatbridge, with further dates set through early February.
- Poundland expects its UK network to shrink from about 800 shops to between 650 and 700 once the restructuring programme concludes.
- Management cites under‑performance, higher operating costs and lease outcomes as drivers, and is refocusing operations by reverting to £1/£2/£3 price points and scaling back online services.